NOT LISTED FOR SALE

196 Lorece Ln Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $364,000 - $397,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $383,000 $192 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,147/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Den with Fireplace
  • White Station Middle Rated A-
  • Separate Formal Living Room
  • 1 Car Attached Garage

About This Home

As of July 2022

Location AND move in ready - Need I say more?! Situated in a cove - this East Memphis charmer has been completely updated and is ready for you! Perfect floor plan for entertaining. Features include - gorgeous hardwood floors, renovated bathrooms, updated kitchen, beautiful landscaping, and more. A great laundry/mud room with cabinetry for storage located off the kitchen.

Last Agent to Sell the Property

Carson Cook

Keller Williams License #363158 Listed on: 06/10/2022

Keller Williams

Last Buyer's Agent

Nan Lee

Crye-Leike, Inc., REALTORS License #24408

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 73x124
  • Wood Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,850 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Fireplace Features Masonry
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Termite Clearance

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Community Details

  • Lorece Ave 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055062 00015

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Lorece Avenue
  • MAAR Subdivision Name: LORECE AVE 2ND ADD
  • List Price Per Sq Ft: 205
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1850
  • Termite Contract: Yes
  • Year Built: 1959
  • 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, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Gas Cooking, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry
  • Misc Interior: Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Primary Bathroom Description: Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Patio, Wood Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced
  • Lot Number: 13
  • Acreage: 0.2
  • Lot Size: 73X124

Tax Info

  • Assessor Parcel Number: 055062 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 29, 2022
Sold by
Hall Amanda
Bought by
Meredith Brian
Seller's Agent
Carson Cook
Keller Williams
Buyer's Agent
Nan Lee
Crye-Leike, Inc., REALTORS
List Price
$379,900
Sold Price
$383,000
Premium/Discount to List
$3,100
0.82%
Views
1
Current Estimated Value
$374,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,760
Avg. Annual Appreciation
-0.65%
Original Mortgage
$363,850
Outstanding Balance
$348,671
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$25,569

Purchase Details

Listed on
Sep 4, 2018
Closed on
Oct 5, 2018
Sold by
Harris Rachel Vb and Harris David C
Bought by
Hall Amanda
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Abby Cook
Keller Williams
List Price
$288,000
Sold Price
$288,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$273,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 21, 2012
Closed on
Jan 31, 2013
Sold by
Catigani Sue
Bought by
Harris Rache B and Harris David C
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Robert Tayloe
Hobson, REALTORS
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$160,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2012
Sold by
Patteson Kay S
Bought by
Catignani Sue
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
Meredith Brian $383,000 Executive Title & Closing
Hall Amanda $288,000 Memphis Title Co
Harris Rache B $200,000 Realty Title
Catignani Sue $102,500 Fidelity Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meredith Brian $363,850
Previous Owner Hall Amanda $273,600
Previous Owner Harris Rache B $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2022 07/29/22 Sold $383,000 +0.8% $213 / Sq Ft
06/10/2022 06/10/22 For Sale $379,900 +31.9% $211 / Sq Ft
10/05/2018 10/05/18 Sold $288,000 0.0% $160 / Sq Ft View Prior Sale
09/04/2018 09/04/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $288,000 +44.0% $160 / Sq Ft
01/31/2013 01/31/13 Sold $200,000 -4.7% $125 / Sq Ft View Prior Sale
01/04/2013 01/04/13 Pending -- -- --
12/21/2012 12/21/12 For Sale $209,900 -- $131 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $2,698 $99,375 $27,175 $72,200
2024 $2,698 $79,600 $27,175 $52,425
2023 $4,849 $79,600 $27,175 $52,425
2022 $4,849 $79,600 $27,175 $52,425
2021 $2,746 $79,600 $27,175 $52,425
2019 $1,735 $54,300 $27,175 $27,125
2018 $1,735 $54,300 $27,175 $27,125
2017 $1,776 $54,300 $27,175 $27,125
2016 $2,218 $50,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carson Cook

    Seller's Agent in 2022

    Carson Cook

    Keller Williams

    (901) 216-1984

    12 in this area

    67 Total Sales

    Carson Cook
    Section Image

  • N

    Buyer's Agent in 2022

    Nan Lee

    Crye-Leike

    (901) 484-5722

    4 in this area

    18 Total Sales

    Nan Lee
    Section Image

  • N

    Seller's Agent in 2018

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Abby Cook

    Buyer's Agent in 2018

    Abby Cook

    Keller Williams

    (901) 849-0044

    7 in this area

    56 Total Sales

    Abby Cook
    Section Image

  • M

    Seller's Agent in 2013

    Mark Saller

    Reedy Group II, LLC

    Section Image

  • R

    Buyer's Agent in 2013

    Robert Tayloe

    Hobson, REALTORS

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10126053

Memphis Area Association of REALTORS®

APN: 05-5062-0-0015

Tennessee Shelby County Memphis 38117 East Memphis

196 Lorece Ln, Memphis, TN

Not Listed for Sale

Detached

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