NOT LISTED FOR SALE

2424 Lapaloma St Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $131,000 - $153,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$69/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $92,000 $46 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $794/month

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • 1 Fireplace
  • Central Heating and Cooling System

About This Home

As of October 2019

Great house must see priced to sell won’t last long!!!!

Last Agent to Sell the Property

Anthony Smith

Divine Destiny Realty License #313872 Listed on: 09/01/2019

Last Buyer's Agent

Mikkel Branch

Assured Real Estate Services License #318298

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $808

Year Built

  • Built in 1985

Lot Details

  • 0.28 Acre Lot
  • Landscaped Professionally

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,829 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Wood Flooring
  • Iron Doors
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Burose Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060112 00153

Home Details

Home Type

Single Family

Est. Annual Taxes

$808

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 748Y
  • MAAR Subdivision Name: BUROSE
  • List Price Per Sq Ft: 60
  • Number Of Stories: 1
  • Price Per Sq Ft: 50.3
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1829
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Professionally Landscaped
  • Lot Number: 1
  • Acreage: 0.28
  • Lot Size: 12530SF 91.91X138.78 IRR
  • Price Per Acre: 392500

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 060112 00153

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2019
Closed on
Oct 24, 2019
Sold by
Franklin Dominique
Bought by
Brown Maraus Langston
Seller's Agent
Anthony Smith
Divine Destiny Realty
Buyer's Agent
Mikkel Branch
Assured Real Estate Services
List Price
$109,900
Sold Price
$92,000
Premium/Discount to List
-$17,900
-16.29%
Current Estimated Value
$137,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,159
Avg. Annual Appreciation
6.92%
Original Mortgage
$90,333
Outstanding Balance
$79,536
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$57,623

Purchase Details

Closed on
Feb 6, 2019
Sold by
Turner Teresa
Bought by
Franklin Dominique

Purchase Details

Listed on
Jul 16, 2013
Closed on
Sep 15, 2013
Sold by
Burose Michael and Burose Bridget
Bought by
Turner Teresa A
Seller's Agent
Joyce McDonald-Coley
KAIZEN Realty, LLC
Buyer's Agent
Clarence Dickson
BEST Real Estate Company
List Price
$86,000
Sold Price
$78,500
Premium/Discount to List
-$7,500
-8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$76,145
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2006
Sold by
Burose Aron and Burose Beatrice
Bought by
Burose Michael and Burose Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.49%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 18, 2005
Sold by
Jones Omelia and Jones Robert
Bought by
Hud

Purchase Details

Closed on
Nov 17, 1999
Sold by
Omelia Jones
Bought by
Posey Vera

Purchase Details

Closed on
May 2, 1995
Bought by
Wilkers Richard L and Wilkers D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brown Maraus Langston $92,000 Close Trak Closing & Ttl Svc
Franklin Dominique -- None Available
Turner Teresa A $78,500 Tri State Title & Escrow
Burose Michael $95,000 Stewart Title Of Memphis Inc
Hud $73,978 --
Posey Vera -- Memphis Title
Wilkers Richard L $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Maraus Langston $90,333
Previous Owner Turner Teresa A $76,145
Previous Owner Burose Michael $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2019 10/24/19 Sold $92,000 -16.3% $51 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
09/01/2019 09/01/19 For Sale $109,900 +40.0% $61 / Sq Ft
09/13/2013 09/13/13 Sold $78,500 -8.7% $43 / Sq Ft View Prior Sale
08/12/2013 08/12/13 Pending -- -- --
07/16/2013 07/16/13 For Sale $86,000 -- $47 / 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 $808 $31,400 $2,350 $29,050
2024 $808 $23,825 $1,475 $22,350
2023 $1,451 $23,825 $1,475 $22,350
2022 $1,451 $23,825 $1,475 $22,350
2021 $1,468 $23,825 $1,475 $22,350
2020 $1,489 $20,550 $1,475 $19,075
2019 $657 $20,550 $1,475 $19,075
2018 $657 $20,550 $1,475 $19,075
2017 $672 $20,550 $1,475 $19,075
2016 $917 $20,975 $0 $0
2014 $917 $20,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Anthony Smith

    Divine Destiny Realty

    (901) 730-0348

    1 in this area

    29 Total Sales

    Anthony Smith
    Section Image

  • M

    Buyer's Agent in 2019

    Mikkel Branch

    Assured Real Estate Services

    (901) 628-6589

    4 Total Sales

    Mikkel Branch
    Section Image

  • J

    Seller's Agent in 2013

    Joyce McDonald-Coley

    KAIZEN Realty, LLC

    (901) 270-4094

    5 Total Sales

    Joyce McDonald-Coley
    Section Image

  • C

    Buyer's Agent in 2013

    Clarence Dickson

    BEST Real Estate Company

    (901) 643-9729

    48 Total Sales

    Clarence Dickson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10061007

Memphis Area Association of REALTORS®

APN: 06-0112-0-0153

Tennessee Shelby County Memphis 38114 Southeast Memphis

2424 Lapaloma St, Memphis, TN

This home is located at 2424 Lapaloma St, Memphis, TN 38114 since 01 September 2019 and is currently estimated at $137,159, approximately $68 per square foot. This property was built in 1985. 2424 Lapaloma St is a home located in Shelby County with nearby schools including Hamilton High School, Believe Memphis Academy Charter School, and Memphis College Preparatory.

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