$415,000
SOLD MAY 12, 2017

1881 Laurel Ln Germantown, TN 38139

4 Beds
3.5 Baths
3,200-3,399 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$122 Per Sq Ft

7% Below List Price

Highlights

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

About This Home

As of March 2018

Perfect Laurels floor plan. 3 bedrooms, 2.5 baths down, 1 bedroom, 1 bath up. Extra large upstairs bedroom could be used as bonus room. Open floor plan, built around outdoor porch so that master bedroom, living room and kitchen/breakfast room and keeping room are filled with light and share lovely views of the professionally landscaped back yard and pergola. Beautiful hardwoods, new carpet throughout, new kitchen tile floors. Front windows overlook park across the street. HURRY!!

Last Agent to Sell the Property

Aleesa Blum

Marx-Bensdorf, REALTORS License #321191 Listed on: 03/24/2017

Last Buyer's Agent

Lana Fowler

Real Estate Agency License #271315

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
  • Zero Lot Line

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Traditional 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
  • Window Treatments
  • Casement Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • 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
  • Fire and Smoke Detector
  • Termite Clearance

Parking

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

Outdoor Features

  • Patio

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

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: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Wolf River Boulevard
  • MLS Map #: 872A
  • MAAR Subdivision Name: THE LAURELS PH2
  • List Price Per Sq Ft: 139
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 129.69
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3200
  • Termite Contract: Yes
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary 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, 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, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: In Living 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
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Separate Breakfast Room, Pantry, Washer/Dryer Connections, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Walk-In Attic, 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, 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
  • Exterior Windows: Brick Veneer, Casement Window(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: Driveway/Pad, Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems
  • Heating: Central, Gas
  • Security: Burglar Alarm, Smoke Detector(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: Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 37
  • Acreage: 0.21
  • Keeping Hearth Dimension: 14x20
  • Lot Size: 9223 SF 44.61 X 120.07 (BAL TO ROW)
  • Price Per Acre: 2119048
  • Zero Lot Line: Yes

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
Current Estimated Value
$596,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,815
Avg. Annual Appreciation
4.72%
Original Mortgage
$145,000
Outstanding Balance
$124,871
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$496,739

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

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 Type Sale Price Title Company
Warranty Deed $439,900 None Available
Warranty Deed $415,000 None Available
Warranty Deed $365,000 Realty Title & Escrow Co
Interfamily Deed Transfer -- None Available
Warranty Deed $338,900 --
Warranty Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $45,000 Credit Line Revolving
Open $145,000 New Conventional
Previous Owner $292,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $210,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $135,000 No Value Available
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: 9998371

Memphis Area Association of REALTORS®

APN: C0-221C-A0-0037