NOT LISTED FOR SALE

Estimated Value: $370,337 - $401,000

3 Beds
3.5 Baths
3,000-3,199 Sq Ft
$121/Sq Ft Est. Value

Last Sold February 02, 2017

Last sale price $245,000 $77 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,258/month

Highlights

  • Lake On Lot
  • Community Lake
  • Traditional Architecture
  • Waterfront
  • Wooded Lot
  • Wood Flooring

About This Home

As of February 2017

Memphis' hidden gem! Serene community in the heart of the city on a beautiful lake. Well maintained home directly on the lake. 3 bedrooms, 3 full baths, 1 half bath. Gorgeous views. Private cove lot.

Last Agent to Sell the Property

Joshua Spotts

eXp Realty, LLC License #327645 Listed on: 12/02/2016

eXp Realty, LLC

Last Buyer's Agent

Joshua Spotts

eXp Realty, LLC License #327645 Listed on: 12/02/2016

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,716

Year Built

  • Built in 1970

Lot Details

  • 0.37 Acre Lot
  • Waterfront
  • Landscaped
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,162 Sq Ft Home
  • 1.4-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Loft
  • Wood Flooring
  • Water Views
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • En-Suite Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Home Security

  • Monitored
  • Iron Doors

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Water Access
  • Lake On Lot
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Walnut Grove Lake Blk A Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 091104 00098

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,716

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 796E
  • MAAR Subdivision Name: WALNUT GROVE LAKE BLK A
  • List Price Per Sq Ft: 87
  • Number Of Stories: 1.4
  • Price Per Sq Ft: 77.48
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3162
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 2, Private Full Bath
  • Bedroom 3 Description: Level 2, Private Full Bath
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: Masonry, In Living Room, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Cooktop, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Eat-In Kitchen, Pantry
  • Misc Interior: All Window Treatments, Wet Bar, Attic Access, Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Loft/Balcony
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower
  • P R I M A R Y B E D R O O M: Level 1, Full Bath

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Monitored Alarm System, Iron Door(s)
  • Water Sewer: Electric Water Heater, Gas Water Heater, Public Water

Association/Amenities

  • Neighborhood Amenities: Lake

Lot Info

  • Lot Description: Wooded, Lake/Pond on Property, Water Frontage, Water View, Water Access, Landscaped
  • Lot Number: 40
  • Acreage: 0.37
  • Lot Size: 25/131.97 IRR X 186.85/166.57
  • Price Per Acre: 743243

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 091104 00098

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2016
Closed on
Feb 3, 2017
Sold by
Benner Michael Leo and Benner Della Carol
Bought by
Strickland Richard A and Strickland Margaret L
Seller's Agent
Joshua Spotts
eXp Realty, LLC
Buyer's Agent
Joshua Spotts
eXp Realty, LLC
List Price
$275,000
Sold Price
$245,000
Premium/Discount to List
-$30,000
-10.91%
Current Estimated Value
$387,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,334
Avg. Annual Appreciation
5.38%
Original Mortgage
$245,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Strickland Richard A $245,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Strickland Richard A $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2017 02/02/17 Sold $245,000 -10.9% $82 / Sq Ft
12/31/2016 12/31/16 Pending -- -- --
12/02/2016 12/02/16 For Sale $275,000 -- $92 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $2,716 $89,325 $19,500 $69,825
2024 $2,716 $80,125 $19,250 $60,875
2023 $4,881 $80,125 $19,250 $60,875
2022 $4,881 $80,125 $19,250 $60,875
2021 $4,938 $80,125 $19,250 $60,875
2020 $4,701 $64,875 $19,250 $45,625
2019 $4,701 $64,875 $19,250 $45,625
2018 $4,701 $64,875 $19,250 $45,625
2017 $2,666 $64,875 $19,250 $45,625
2016 $2,300 $52,625 $0 $0
2014 $2,300 $52,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9991548

Memphis Area Association of REALTORS®

APN: 09-1104-0-0098