Seller's Agent in 2020
Tracy Dougan Lombardo
Marx-Bensdorf, REALTORS
(901) 581-3257
25 in this area
83 Total Sales
234 Lorece Ln Memphis, TN 38117
Audubon Park NeighborhoodEstimated Value: $402,000 - $419,218
3
Beds
2.5
Baths
1,800-1,999
Sq Ft
$207/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- Attic
- White Station Middle Rated A-
- Main Floor Primary Bedroom
- 5-minute walk to Avon Park
About This Home
As of October 2020**OPEN HOUSE CANCELED. Multiple Offers - Submit Highest/Best by 12pm Sunday, 9/20** Lovely East Memphis corner lot near Avon Park is where you'll find this charming traditional brick home. Two living spaces, one open to the kitchen, master bedroom down & 2 bedrooms up, you'll be surprised at every turn. Move-in ready w/freshly painted walls & beautiful hdwd floors! Oversized patio makes this home perfect for entertaining. Laundry room, double carport, fenced backyard & storage shed are bonuses!
Last Agent to Sell the Property
Marx-Bensdorf, REALTORS License #326107 Listed on: 09/18/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,908
Year Built
- Built in 1958
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 96x125
- Wood Fence
- Corner Lot
- Few Trees
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 1,800-1,999 Sq Ft Home
- 1,931 Sq Ft Home
- 1.5-Story Property
- Smooth Ceilings
- Ceiling Fan
- Fireplace Features Masonry
- Some Wood Windows
- Window Treatments
- Separate Formal Living Room
- Dining Room
- Den with Fireplace
- Laundry Room
- Attic
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Primary Bedroom on Main
Home Security
- Monitored
- Termite Clearance
Parking
- 2 Car Attached Garage
- Carport
- Driveway
Outdoor Features
- Patio
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Community Details
- Lorece Ave 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 055063 00018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2020
Closed on
Oct 27, 2020
Sold by
Schaefer Matthew and Schaefer Rheagan
Bought by
Norman Laura
Seller's Agent
Tracy Dougan Lombardo
Marx-Bensdorf, REALTORS
Buyer's Agent
Christine Gaiennie
Bascom Realty
List Price
$329,000
Sold Price
$340,000
Premium/Discount to List
$11,000
3.34%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,305
Avg. Annual Appreciation
4.01%
Original Mortgage
$450,500
Outstanding Balance
$401,600
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$11,705
Purchase Details
Listed on
Dec 17, 2017
Closed on
Mar 27, 2018
Sold by
Trautman Lucas and Fox Trautman Kristin
Bought by
Schaefer Matthew and Schaefer Rheagan
Seller's Agent
Katherine Nichols Cook
Marx-Bensdorf, REALTORS
Buyer's Agent
Tracy Dougan Lombardo
Marx-Bensdorf, REALTORS
List Price
$300,000
Sold Price
$289,000
Premium/Discount to List
-$11,000
-3.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$274,550
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 4, 2016
Closed on
Jun 27, 2016
Sold by
Halbach J Douglas and Halbach Beth K
Bought by
Trautman Lucas and Trautman Kristin Fox
Seller's Agent
Beth Halbach
Keller Williams
Buyer's Agent
Katherine Nichols Cook
Marx-Bensdorf, REALTORS
List Price
$314,900
Sold Price
$285,000
Premium/Discount to List
-$29,900
-9.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.80%
Original Mortgage
$256,500
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 2, 2016
Sold by
Lichterman Lisa Ann
Bought by
Halbach J Douglas and Halbach Beth K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 26, 2004
Sold by
Lichterman Patricia B
Bought by
Lichterman Herbert H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Norman Laura | $340,000 | None Available | |
| Schaefer Matthew | $289,000 | None Available | |
| Trautman Lucas | $285,000 | None Available | |
| Halbach J Douglas | $170,000 | Executive Title & Closing In | |
| Lichterman Herbert H | -- | Lawyers Title Insurance Corp | |
| Lichterman Herbert H | $219,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Norman Laura | $450,500 | |
| Previous Owner | Schaefer Matthew | $274,550 | |
| Previous Owner | Trautman Lucas | $256,500 | |
| Previous Owner | Halbach J Douglas | $220,000 | |
| Previous Owner | Lichterman Herbert H | $175,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/29/2020 10/29/20 | Sold | $340,000 | +3.3% | $189 / Sq Ft | |
| 10/04/2020 10/04/20 | Pending | -- | -- | -- | |
| 09/18/2020 09/18/20 | For Sale | $329,000 | +13.8% | $183 / Sq Ft | |
| 03/26/2018 03/26/18 | Sold | $289,000 | -3.7% | $145 / Sq Ft | View Prior Sale |
| 03/05/2018 03/05/18 | Pending | -- | -- | -- | |
| 12/17/2017 12/17/17 | For Sale | $300,000 | +5.3% | $150 / Sq Ft | |
| 06/27/2016 06/27/16 | Sold | $285,000 | -9.5% | $143 / Sq Ft | View Prior Sale |
| 06/02/2016 06/02/16 | Pending | -- | -- | -- | |
| 05/04/2016 05/04/16 | For Sale | $314,900 | -- | $157 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $2,908 | $109,825 | $27,175 | $82,650 |
| 2024 | $2,908 | $85,775 | $27,175 | $58,600 |
| 2023 | $5,225 | $85,775 | $27,175 | $58,600 |
| 2022 | $5,225 | $85,775 | $27,175 | $58,600 |
| 2021 | $2,959 | $85,775 | $27,175 | $58,600 |
| 2020 | $5,038 | $69,525 | $27,175 | $42,350 |
| 2019 | $2,222 | $69,525 | $27,175 | $42,350 |
| 2018 | $2,222 | $69,525 | $27,175 | $42,350 |
| 2017 | $2,275 | $69,525 | $27,175 | $42,350 |
| 2016 | $2,103 | $48,125 | $0 | $0 |
| 2014 | $2,103 | $48,125 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tracy Dougan Lombardo
-
Christine Gaiennie
C
Buyer's Agent in 2020
Christine Gaiennie
Bascom Realty
(901) 634-7343
3 in this area
23 Total Sales
-
Katherine Nichols Cook
Seller's Agent in 2018
Katherine Nichols Cook
Marx-Bensdorf, REALTORS
(901) 628-3065
26 in this area
86 Total Sales
-
Beth Halbach
Seller's Agent in 2016
Beth Halbach
Keller Williams
(901) 337-6721
8 in this area
54 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10085196
APN: 05-5063-0-0018
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