NOT LISTED FOR SALE

2296 Lovitt Dr Memphis, TN 38119

Balmoral Neighborhood

Estimated Value: $282,000 - $404,000

3 Beds
2 Baths
2,836 Sq Ft
$119/Sq Ft Est. Value

Sale Details

Date Sold: November 19, 2021

Last sale price $195,975 $69 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,991 / mo

Highlights

  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Tile Flooring
  • Separate Formal Living Room
  • Walk-In Closet
  • Central Heating and Cooling System

About This Home

As of May 2023

If space is what you need, this is it. You will love this remodeled 2800 plus square feet home located in Memphis, TN. This gem offers a huge kitchen with lots of cabinets and beautiful quartz counters, a large pantry, a stainless steel wall oven, and much more. The primary suite offers a lovely ensuite with dual vanities, a separate shower and tub, and a walk-in closet that will make you love to shop even more. The front porch is ideal for sitting in your rocking chair sipping on some sweet tea

Last Agent to Rent the Property

Ricky Lewis

AllStar Management License #273542 Listed on: 05/12/2023

Last Renter's Agent

Ricky Lewis

AllStar Management License #273542 Listed on: 05/12/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,836 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Balmoral Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0.34 Acres

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MAAR Subdivision Name: Balmoral Estates
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 2
  • Estimated Sq Ft: 2836
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Kitchen, Primary Bedroom
  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher
  • Living Dining Kitchen: Eat-In Kitchen, Separate Living Room
  • Misc Interior: Walk-In Closet(s)

Exterior Features

  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 39
  • Lot Size: 0.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 19, 2021
Sold by
Welch Donna A
Bought by
Rentals R Us Llc
Seller's Agent
Dawn Kinard
Welch Realty, LLC
Buyer's Agent
Annette Gray
C21 Patterson & Assoc. Real Es
List Price
$249,900
Sold Price
$195,975
Premium/Discount to List
-$53,925
-21.58%
Current Estimated Value
$336,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,228
Avg. Annual Appreciation
12.83%
Original Mortgage
$566,950
Outstanding Balance
$520,230
Interest Rate
3.09%
Mortgage Type
Commercial
Estimated Equity
-$184,027

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 18, 2021
Sold by
Donna A Welch Family Llc
Bought by
Welch Donna A
Seller's Agent
Dawn Kinard
Welch Realty, LLC
Buyer's Agent
Annette Gray
C21 Patterson & Assoc. Real Es
List Price
$249,900
Sold Price
$195,975
Premium/Discount to List
-$53,925
-21.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,950
Outstanding Balance
$520,230
Interest Rate
3.09%
Mortgage Type
Commercial
Estimated Equity
-$184,027

Purchase Details

Closed on
Nov 4, 2010
Sold by
Fannie Mae
Bought by
Donna A Welch Family Llc

Purchase Details

Closed on
Jun 17, 2010
Sold by
Bradley Heather and Bradley Jeffrey
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 2, 2002
Sold by
Berryman Michael T and Berryman Theresa M
Bought by
Bradley Jeffrey and Bradley Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.12%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Rentals R Us Llc $600,000 Commercial Title Group Llc
Welch Donna A -- Commercial Title Group Llc
Donna A Welch Family Llc $75,000 None Available
Federal National Mortgage Association $134,541 None Available
Bradley Jeffrey $170,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Rentals R Us Llc $566,950
Previous Owner Bradley Jeffrey $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2023 05/16/23 Rented $1,950 0.0% --
05/12/2023 05/12/23 For Rent $1,950 0.0% --
11/19/2021 11/19/21 Sold $195,975 -21.6% $89 / Sq Ft View Prior Sale
09/20/2021 09/20/21 For Sale $249,900 -- $114 / 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 $2,376 $101,250 $10,000 $91,250
2024 $2,167 $70,100 $8,650 $61,450
2023 $3,637 $54,425 $8,650 $45,775
2022 $3,315 $54,425 $8,650 $45,775
2021 $1,477 $54,425 $8,650 $45,775
2020 $2,143 $29,575 $7,850 $21,725
2019 $945 $29,575 $7,850 $21,725
2018 $945 $29,575 $7,850 $21,725
2017 $968 $29,575 $7,850 $21,725
2016 $1,256 $28,750 $0 $0
2014 $1,462 $33,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ricky Lewis

    Landlord's Agent in 2023

    Ricky Lewis

    AllStar Management

    (901) 497-4863

    53 Total Sales

    Ricky Lewis
    Section Image
  • Dawn Kinard

    Seller's Agent in 2021

    Dawn Kinard

    Welch Realty, LLC

    (901) 490-9003

    1 in this area

    185 Total Sales

    Dawn Kinard
    Section Image

  • A

    Buyer's Agent in 2021

    Annette Gray

    C21 Patterson & Assoc. Real Es

    (901) 303-6018

    1 in this area

    13 Total Sales

    Annette Gray
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10147883

Memphis Area Association of REALTORS®

APN: 08-1042-0-0033

Tennessee Shelby County Memphis 38119 Balmoral

2296 Lovitt Dr, Memphis, TN

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