NOT LISTED FOR SALE

1568 Lake Place Memphis, TN 38112

Midtown Memphis Neighborhood

Estimated Value: $473,503 - $555,000

3 Beds
3 Baths
2,716 Sq Ft
$185/Sq Ft Est. Value

About This Home

This home is located at 1568 Lake Place, Memphis, TN 38112 and is currently estimated at $503,376, approximately $185 per square foot. 1568 Lake Place is a home located in Shelby County with nearby schools including Snowden School, Central High School, and Crosstown High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2007
Sold by
Molavi Mehdi and Vannerson Julie A
Bought by
Sawaya Philip J and Sawaya Nancy B
Current Estimated Value
$527,886

Purchase Details

Closed on
Aug 28, 2003
Sold by
Cowles Bernard C and Cowles Erin G
Bought by
Molavi Mehdi and Vannerson Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2003
Sold by
Evergreen Joint Venture
Bought by
Cowles Bernard C and Cowles Erin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,120
Interest Rate
5.98%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sawaya Philip J $380,000 None Available
Molavi Mehdi $302,906 --
Cowles Bernard C $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Molavi Mehdi $256,000
Previous Owner Molavi Mehdi $85,000
Previous Owner Molavi Mehdi $256,000
Previous Owner Molavi Mehdi $50,000
Previous Owner Cowles Bernard C $479,120
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,636 $109,750 $24,750 $85,000
2024 $3,636 $107,250 $20,850 $86,400
2023 $6,533 $107,250 $20,850 $86,400
2022 $6,533 $107,250 $20,850 $86,400
2021 $6,610 $107,250 $20,850 $86,400
2020 $6,271 $86,550 $20,850 $65,700
2019 $6,271 $86,550 $20,850 $65,700
2018 $6,271 $86,550 $20,850 $65,700
2017 $3,557 $86,550 $20,850 $65,700
2016 $3,225 $73,800 $0 $0
2014 $3,225 $73,800 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38112 Midtown Memphis

1568 Lake Place, Memphis, TN

This home is located at 1568 Lake Place, Memphis, TN 38112 and is currently estimated at $503,376, approximately $185 per square foot. 1568 Lake Place is a home located in Shelby County with nearby schools including Snowden School, Central High School, and Crosstown High School.

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