NOT LISTED FOR SALE

247 Lorece Ln Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $371,000 - $386,000

4 Beds
3 Baths
2,400-2,599 Sq Ft
$147/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $396,000 $152 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,235/month

50 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • White Station Middle Rated A-
  • Wood Flooring
  • 4-minute walk to Avon Park

About This Home

As of December 2023

Be the new owner of this 4 bedroom, 3 bath 2400 square foot home in East Memphis! This home has 2 primaries, 2 living spaces, tons of closet storage, carport parking for 2, an extra parking bay--all secured behind an automatic iron gate! Plantation shutters, cute built-ins & all original trim showcase the midcentury charm. Enjoy breezy nights on the back deck or game night in the upstairs bonus room. Natural light to every room, ample space in the updated kitchen & all brick exterior!

Last Agent to Sell the Property

Jenna Williamson

Green Bee Real Estate License #330197 Listed on: 09/28/2023

Last Buyer's Agent

Danny Burke

Crye-Leike, Inc., REALTORS License #239351

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Wood Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,400 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Attic Access Panel

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary bedroom located on second floor
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector
  • Termite Clearance
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway
  • On-Street Parking

Additional Features

  • Deck
  • Central Heating and Cooling System

Community Details

  • Lorece Ave 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055062 00005

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 756A
  • MAAR Subdivision Name: LORECE AVE 2ND ADD
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 165
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2400
  • Termite Contract: Yes
  • Year Built: 1958
  • List Price/ Sq Ft: 167
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Second Story Floor Plan: Primary Bedroom, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Up, Split Bedroom Plan, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Walk-In Closet, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Part Carpet, Smooth Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Attic Access, Walk-In Attic, Smoke Detector(s)
  • Other Rooms: Laundry Closet, Bonus Room, Entry Hall, Attic
  • Total Bathrooms: 3
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Level 2, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Deck, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad, Storage Room(s), On-Street Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s), Security Gate, Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Wood Fenced
  • Lot Number: 3
  • Acreage: 0.22
  • Lot Size: 80X125
  • Price Per Acre: 1818182

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 055062 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Dec 7, 2023
Sold by
Geoffrey Bates Revocable Living Trust
Bought by
Du Yongming and Yan Yinxia
Seller's Agent
Jenna Williamson
Green Bee Real Estate
Buyer's Agent
Danny Burke
Crye-Leike, Inc., REALTORS
List Price
$430,000
Sold Price
$396,000
Premium/Discount to List
-$34,000
-7.91%
Views
89
Current Estimated Value
$381,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,502
Avg. Annual Appreciation
-2.00%
Original Mortgage
$316,800
Outstanding Balance
$304,380
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$77,118

Purchase Details

Closed on
Sep 19, 2014
Sold by
Bates Geoffrey
Bought by
Geoffrey Bates Revocable Living Trust

Purchase Details

Closed on
Oct 29, 2010
Sold by
Jones Kenneth P and Jones Vivian H
Bought by
Geoffrey Bates Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2010
Sold by
Geoffrey Bates Revocable Living Trust
Bought by
Bates Geoffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 28, 1995
Bought by
Martin George B and Martin M S
Source: Public Records

Range of Values:

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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
Du Yongming $396,000 None Listed On Document
Geoffrey Bates Revocable Living Trust -- Alliance Title & Escrow Llc
Geoffrey Bates Revocable Living Trust $255,000 Multiple
Bates Geoffrey -- Alliance Title & Escrow Corp
Martin George B $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Du Yongming $316,800
Previous Owner Geoffrey Bates Revocable Living Trust $204,000
Previous Owner Bates Geoffrey $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2023 12/07/23 Sold $396,000 -1.0% $165 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/03/2023 11/03/23 Price Changed $400,000 -2.4% $167 / Sq Ft
10/18/2023 10/18/23 Price Changed $410,000 -4.7% $171 / Sq Ft
09/28/2023 09/28/23 For Sale $430,000 -- $179 / 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 -- $91,125 $27,175 $63,950
2024 $2,549 $75,200 $27,175 $48,025
2023 $4,581 $75,200 $27,175 $48,025
2022 $4,581 $75,200 $27,175 $48,025
2021 $4,635 $75,200 $27,175 $48,025
2020 $4,400 $60,725 $27,175 $33,550
2019 $4,400 $60,725 $27,175 $33,550
2018 $4,400 $60,725 $27,175 $33,550
2017 $2,496 $60,725 $27,175 $33,550
2016 $2,490 $56,975 $0 $0
2014 $2,490 $56,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jenna Williamson

    Seller's Agent in 2023

    Jenna Williamson

    Green Bee Real Estate

    (901) 281-3916

    10 in this area

    69 Total Sales

    Jenna Williamson
    Section Image
  • Danny Burke

    Buyer's Agent in 2023

    Danny Burke

    Crye-Leike

    (901) 277-2828

    11 in this area

    88 Total Sales

    Danny Burke
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10157746

Memphis Area Association of REALTORS®

APN: 05-5062-0-0005

Tennessee Shelby County Memphis 38117 Audubon Park

247 Lorece Ln, Memphis, TN

This home is located at 247 Lorece Ln, Memphis, TN 38117 since 28 September 2023 and is currently estimated at $381,498, approximately $146 per square foot. This property was built in 1958. 247 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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