NOT LISTED FOR SALE

1908 Lausanne St Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $124,309 - $143,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$96/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $110,000 $79 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $746/month

1 Day on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Porch
  • Traditional Architecture
  • Some Wood Windows
  • Eat-In Kitchen

About This Home

As of March 2021

Great opportunity in a hot investor market! This well-maintained 3bd/2ba home is currently occupied for $850/mo. Great tenants and payment history. Professionally managed. Updated kitchen & wood flooring, bathrooms, new interior paint, new doors. New fence. 2yrs old Roof!

Last Agent to Sell the Property

David Taube

Redfin Corporation License #341834 Listed on: 02/12/2021

Redfin Corporation

Last Buyer's Agent

Flor Bernal

Crye-Leike, Inc., REALTORS License #338265

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65x125
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,365 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating
  • 220 Volts

Community Details

  • Willowdale H Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066011 00012

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WILLOWDALE SEC H
  • List Price Per Sq Ft: 84
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1365
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Washer/Dryer Connections
  • Master Bedroom Dimensions: 16x10

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s)

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: 220 Wiring
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 96
  • Acreage: 0.18
  • Lot Size: 65X125

Tax Info

  • Assessor Parcel Number: 066011 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 2, 2021
Sold by
Lozev Stolan
Bought by
Lopez Rafael V Sanchez
Seller's Agent
David Taube
Redfin Corporation
Buyer's Agent
Flor Bernal
Crye-Leike, Inc., REALTORS
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%
Current Estimated Value
$133,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,827
Avg. Annual Appreciation
4.10%

Purchase Details

Closed on
Jun 10, 2019
Sold by
Hinricher Ryan L
Bought by
Lozev Stoian Lazarov

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2019
Sold by
Cotton Row Partners Re Llc
Bought by
Hinricher Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2015
Sold by
Hinricher Ryan L
Bought by
Cotton Row Partners Re Llc

Purchase Details

Closed on
Aug 14, 2007
Sold by
Us Bank Na
Bought by
Hinricher Ryan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 18, 2007
Sold by
Covington Clarence
Bought by
Us Bank Na and Citigroup Mortgage Loan Trust Inc For As

Purchase Details

Closed on
Sep 23, 2005
Sold by
Joyner Clyde P
Bought by
Covington Clarence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,999
Interest Rate
6.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 20, 2005
Sold by
West William D
Bought by
Joyner Clyde P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,465
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lopez Rafael V Sanchez $110,000 Closetrak
Lozev Stoian Lazarov $75,000 Haven Title Llc
Hinricher Ryan -- None Available
Cotton Row Partners Re Llc -- Attorney
Hinricher Ryan L $58,825 None Available
Us Bank Na $69,166 None Available
Covington Clarence $79,999 Community Equity & Title Inc
Joyner Clyde P $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lozev Stoian Lazarov $60,000
Previous Owner Hinricher Ryan L $57,000
Previous Owner Covington Clarence $63,999
Previous Owner Joyner Clyde P $54,465
Closed Covington Clarence $15,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2021 03/02/21 Sold $110,000 -4.3% $92 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $115,000 -- $96 / 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 $640 $29,000 $4,675 $24,325
2024 $640 $18,875 $4,675 $14,200
2023 $1,150 $18,875 $4,675 $14,200
2022 $1,150 $18,875 $4,675 $14,200
2021 $651 $18,875 $4,675 $14,200
2020 $1,156 $15,950 $2,750 $13,200
2019 $510 $15,950 $2,750 $13,200
2018 $510 $15,950 $2,750 $13,200
2017 $522 $15,950 $2,750 $13,200
2016 $542 $15,950 $0 $0
2014 $697 $15,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    David Taube

    Redfin Corporation

    Section Image
  • Flor Bernal

    Buyer's Agent in 2021

    Flor Bernal

    Crye-Leike

    (901) 270-2857

    12 in this area

    207 Total Sales

    Flor Bernal
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10093521

Memphis Area Association of REALTORS®

APN: 06-6011-0-0012

Tennessee Shelby County Memphis 38111 Colonial Acres

1908 Lausanne St, Memphis, TN

Not Listed for Sale

Detached

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