NOT LISTED FOR SALE

247 Lorece Ln Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $330,000 - $382,000

4 Beds
3 Baths
2,400-2,599 Sq Ft
$141/Sq Ft Est. Value

Sale Details

Date Sold: December 7, 2023

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

Est. 8% decrease in value since last sale

Current estimated payment $2,166 / mo

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
  • Brick Veneer
  • 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

9,583 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: LORECE AVE 2ND ADD
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2400
  • Termite Contract: Yes
  • Year Built: 1958
  • 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
  • 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

Tax Info

  • Assessor Parcel Number: 055062 00005

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Dec 7, 2023
Sold by
Bought by
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
$365,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,651
Avg. Annual Appreciation
-3.07%
Original Mortgage
$316,800
Outstanding Balance
$304,380
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$60,969

Purchase Details

Closed on
Sep 19, 2014
Sold by
Bought by

Purchase Details

Closed on
Oct 29, 2010
Sold by
Bought by

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
Bought by

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
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
$396,000 None Listed On Document
-- Alliance Title & Escrow Llc
$255,000 Multiple
-- Alliance Title & Escrow Corp
$150,000 --
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 $316,800
Previous Owner $204,000
Previous Owner $40,000
Source: Public Records

Property 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 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

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

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 $2,451 $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

    8 in this area

    70 Total Sales

    Jenna Williamson
    Section Image
  • Danny Burke

    Buyer's Agent in 2023

    Danny Burke

    Crye-Leike

    (901) 277-2828

    10 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 East Memphis

247 Lorece Ln, Memphis, TN

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