NOT LISTED FOR SALE

1881 Laurel Ln Germantown, TN 38139

Estimated Value: $545,000 - $654,000

4 Beds
3.5 Baths
3,200-3,399 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $439,900 $129 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,563/month

5 Days on Market

Highlights

  • Landscaped Professionally
  • Fireplace in Hearth Room
  • French Architecture
  • Bailey Station Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of March 2018

Upscale 4 Bedroom (or 3 + Bonus), 3.5 bath home in the prestigious Laurels community near highly acclaimed schools, parks, shopping & restaurants. Home features open floor plan with warm hardwood flooring in living areas, tile in kitchen & neutral carpet in bedrooms. Kitchen has breakfast bar, double ovens + adjoining breakfast & hearth room. Large master has door to private patio, luxury bath with split vanities, knee-space vanity, Jacuzzi tub, separate shower & 2 walk-in closets.

Last Agent to Sell the Property

Lana Fowler

Real Estate Agency License #271315 Listed on: 01/25/2018

Last Buyer's Agent

Audrey Wood

Crye-Leike, Inc., REALTORS License #220316

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,058

Year Built

  • Built in 2001

Lot Details

  • 9,148 Sq Ft Lot
  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • French Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,200 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Keeping Room
  • Attic

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Burglar Security System
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • Laurels Pd Ph 2 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number C0221C A00037

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,058

Year Built

Built in 2001

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: French
  • Detached Unit Type: General Residential
  • Cross Street: Wolf River Blvd.
  • MLS Map #: 872A
  • MAAR Subdivision Name: THE LAURELS PH2
  • List Price Per Sq Ft: 137
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 137.47
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3200
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Keeping/Hearth Room, Breakfast Room
  • Second Story Floor Plan: 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Private Full Bath, Vaulted/Coffered Ceilings, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room, In Keeping/Hearth room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Cable Wired, Satellite Dish
  • Living Dining Kitchen: Separate Dining Room, Great Room, Breakfast Bar, Separate Breakfast Room, Pantry, Washer/Dryer Connections, Keeping/Hearth Room
  • Misc Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Walk-In Attic, Cat/Dog Free House, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Entry Hall, Attic
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Patio, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Double Pane Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems, 220 Wiring
  • Heating: Central, Gas, 3 or More Systems
  • Security: Burglar Alarm, Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 600
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 37
  • Acreage: 0.21
  • Keeping Hearth Dimension: 20x14
  • Lot Size: 9223 SF 44.61 X 120.07 (BAL TO ROW)
  • Price Per Acre: 2094762

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: C0221C A00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2018
Closed on
Mar 9, 2018
Sold by
1881 Laurel Lane Llc
Bought by
Gattas Margaret M
Seller's Agent
Lana Fowler
Real Estate Agency
Buyer's Agent
Audrey Wood
Crye-Leike, Inc., REALTORS
List Price
$439,900
Sold Price
$439,900
Total Days on Market
5
Current Estimated Value
$598,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,352
Avg. Annual Appreciation
4.34%
Original Mortgage
$145,000
Outstanding Balance
$124,871
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$473,381

Purchase Details

Listed on
Mar 24, 2017
Closed on
May 12, 2017
Sold by
Neal Alan D and Neal Marianne
Bought by
1881 Laurel Lane Llc
Seller's Agent
Aleesa Blum
Marx-Bensdorf, REALTORS
Buyer's Agent
Lana Fowler
Real Estate Agency
List Price
$445,000
Sold Price
$415,000
Premium/Discount to List
-$30,000
-6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%

Purchase Details

Closed on
Mar 29, 2010
Sold by
Coots Rita Marie
Bought by
Neal Alan D and Neal Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2008
Sold by
Coots Michael Alan
Bought by
Coots Rita Marie

Purchase Details

Closed on
Sep 25, 2002
Sold by
P Baum Company
Bought by
Coots Michael A and Coots Rita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.18%

Purchase Details

Closed on
May 15, 2001
Sold by
Duntreath Partners
Bought by
P Baum Company
Source: Public Records

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Range of Values:

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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
Gattas Margaret M $439,900 None Available
1881 Laurel Lane Llc $415,000 None Available
Neal Alan D $365,000 Realty Title & Escrow Co
Coots Rita Marie -- None Available
Coots Michael A $338,900 --
P Baum Company $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gattas Margaret M $45,000
Open Gattas Margaret M $145,000
Previous Owner Neal Alan D $292,000
Previous Owner Coots Michael A $100,000
Previous Owner Coots Michael A $210,000
Previous Owner Coots Michael A $100,000
Previous Owner Coots Michael A $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $439,900 0.0% $137 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $439,900 +6.0% $137 / Sq Ft
05/12/2017 05/12/17 Sold $415,000 -6.7% $130 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $445,000 -- $139 / 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 $4,058 $140,775 $29,000 $111,775
2024 $4,058 $119,700 $23,250 $96,450
2023 $6,260 $119,700 $23,250 $96,450
2022 $6,117 $119,700 $23,250 $96,450
2021 $6,188 $119,700 $23,250 $96,450
2020 $6,042 $102,750 $23,250 $79,500
2019 $4,161 $102,750 $23,250 $79,500
2018 $3,818 $94,275 $23,250 $71,025
2017 $3,875 $94,275 $23,250 $71,025
2016 $3,682 $84,250 $0 $0
2014 $3,682 $84,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10019131

Memphis Area Association of REALTORS®

APN: C0-221C-A0-0037