NOT LISTED FOR SALE

218 Lorece Ln Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $326,000 - $381,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 25, 2017

Last sale price $235,000 $131 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,097/month

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Separate Formal Living Room
  • White Station Middle Rated A-
  • Wood Flooring
  • 5-minute walk to Avon Park

About This Home

As of May 2017

3 bedrooms, 2 full baths, living room, dining room, den w/ fireplace, & expandable area with permanent stairs. Located in prime east Memphis and this part of Lorece is a cul-de-sac & you can walk to White Station Elementary. Hardwood floors throughout are in mint condition with peg-hardwood in den. Brick floor in kitchen with granite tops. Both bathrooms have been updated. Upstairs could easily be finished if more square footage is needed, but this expandable area also makes excellent storage.

Last Agent to Sell the Property

Danny Burke

Crye-Leike, Inc., REALTORS License #239351 Listed on: 03/24/2017

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Lynn da Ponte Baack

Sowell, Realtors License #305581

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,355

Year Built

  • Built in 1959

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,685 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Storage Room
  • Washer and Dryer Hookup
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Possible Extra Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms

Home Security

  • Monitored
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Carport

Outdoor Features

  • Cove

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Lorece Ave 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055062 00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,355

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Chickasaw
  • MLS Map #: 756A
  • MAAR Subdivision Name: LORECE AVE 2ND ADD
  • List Price Per Sq Ft: 142
  • Number Of Stories: 1
  • Price Per Sq Ft: 139.47
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1685
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Smooth Ceiling
  • Bedroom 3 Description: Level 1, Smooth Ceiling
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, W/D Connection in Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Internal Expansion Area
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Aluminum/Steel Siding, Wood Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Gas
  • Security: Burglar Alarm, Monitored Alarm System
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Cove
  • Lot Number: 16
  • Acreage: 0.23
  • Lot Size: .23
  • Price Per Acre: 1043043

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 055062 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2017
Closed on
May 25, 2017
Sold by
Walters John H and Walters Christine W
Bought by
Wheeler Billy D and Wheeler Brenda N
Seller's Agent
Danny Burke
Crye-Leike, Inc., REALTORS
Buyer's Agent
Lynn da Ponte Baack
Sowell, Realtors
List Price
$239,900
Sold Price
$235,000
Premium/Discount to List
-$4,900
-2.04%
Current Estimated Value
$358,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,564
Avg. Annual Appreciation
5.16%
Original Mortgage
$188,000
Outstanding Balance
$156,259
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$202,305

Purchase Details

Listed on
Sep 7, 2012
Closed on
Nov 27, 2012
Sold by
Hill Christopher A and Hill Kristen E
Bought by
Walters John H and Walters Chrstine W
Seller's Agent
Lisa Fields
Ware Jones, REALTORS
Buyer's Agent
Danny Burke
Crye-Leike, Inc., REALTORS
List Price
$225,000
Sold Price
$214,000
Premium/Discount to List
-$11,000
-4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.11%
Original Mortgage
$171,200
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2004
Sold by
Both Mary Blair
Bought by
Hill Christopher A and Graves Kristen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2002
Sold by
Traywick Jamey F
Bought by
Both Mary Blair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.89%

Purchase Details

Closed on
Sep 24, 2001
Sold by
Giovanetti Thomas C and Giovanetti Stephanie O
Bought by
Traywick Jamey F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
6.89%
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
Wheeler Billy D $235,000 Executive Title & Closing In
Walters John H $214,000 None Available
Hill Christopher A $210,000 --
Both Mary Blair $187,500 Security Title Company Inc
Traywick Jamey F $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Billy D $188,000
Previous Owner Walters John H $171,200
Previous Owner Hill Christopher A $199,500
Previous Owner Both Mary Blair $150,000
Previous Owner Traywick Jamey F $151,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2017 05/25/17 Sold $235,000 -2.0% $147 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $239,900 +12.1% $150 / Sq Ft
11/27/2012 11/27/12 Sold $214,000 -4.9% $134 / Sq Ft View Prior Sale
10/18/2012 10/18/12 Pending -- -- --
09/07/2012 09/07/12 For Sale $225,000 -- $141 / 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 $2,355 $86,425 $27,175 $59,250
2024 $2,355 $69,475 $27,175 $42,300
2023 $4,232 $69,475 $27,175 $42,300
2022 $4,232 $69,475 $27,175 $42,300
2021 $4,282 $69,475 $27,175 $42,300
2020 $4,255 $58,725 $27,175 $31,550
2019 $4,255 $58,725 $27,175 $31,550
2018 $4,255 $58,725 $27,175 $31,550
2017 $2,414 $58,725 $27,175 $31,550
2016 $2,322 $53,125 $0 $0
2014 $2,322 $53,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danny Burke

    Seller's Agent in 2017

    Danny Burke

    Crye-Leike

    (901) 277-2828

    11 in this area

    88 Total Sales

    Danny Burke
    Section Image
  • Lynn da Ponte Baack

    Buyer's Agent in 2017

    Lynn da Ponte Baack

    Sowell, Realtors

    (901) 282-7532

    9 in this area

    74 Total Sales

    Lynn da Ponte Baack
    Section Image

  • L

    Seller's Agent in 2012

    Lisa Fields

    Ware Jones, REALTORS

    (901) 219-4003

    19 in this area

    40 Total Sales

    Lisa Fields
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9998339

Memphis Area Association of REALTORS®

APN: 05-5062-0-0018

Tennessee Shelby County Memphis 38117 Audubon Park

218 Lorece Ln, Memphis, TN

This home is located at 218 Lorece Ln, Memphis, TN 38117 since 24 March 2017 and is currently estimated at $358,564, approximately $199 per square foot. This property was built in 1959. 218 Lorece Ln is a home located in Shelby County with nearby schools including White Station Elementary School, White Station Middle, and White Station High.

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