2551 Lovitt Dr Memphis, TN 38119
Balmoral Neighborhood
4
Beds
2
Baths
2,600-2,799
Sq Ft
0.35
Acres
Highlights
- Traditional Architecture
- Main Floor Primary Bedroom
- Separate Formal Living Room
- Wood Flooring
- Attic
- Sun or Florida Room
About This Home
As of May 2025This house? You're gonna Lovitt! There's so much character and charm from the front door, upstairs, downstairs, and through the backyard, and how incredible to be at the end of a dead-end cove with no neighbors to one side?! And across the street from the elementary school! Over 2600 sqft of versatile living space with delightful updates and beautiful paint colors that just *work*. The hardwood floors are gorgeous, the carpet is fresh, and the room sizes are huge. There is ample storage inside, and off the covered parking outside. Come take a look at this conveniently-located 4 bedroom, 2 bath home. With great neighbors and lots of space, you might want to stay a while!
Last Agent to Sell the Property
The Porter Group License #335485 Listed on: 03/28/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,914
Year Built
- Built in 1968
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 92x170
- Wood Fence
- Chain Link Fence
- Few Trees
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,600-2,799 Sq Ft Home
- 2,603 Sq Ft Home
- 1.5-Story Property
- Popcorn or blown ceiling
- Ceiling Fan
- Fireplace Features Masonry
- Window Treatments
- Aluminum Window Frames
- Entrance Foyer
- Separate Formal Living Room
- Breakfast Room
- Dining Room
- Den
- Bonus Room with Fireplace
- Sun or Florida Room
- Storage Room
- Laundry Room
- Attic Access Panel
Kitchen
- Breakfast Bar
- Cooktop
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Remodeled Bathroom
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Home Security
- Storm Windows
- Storm Doors
- Iron Doors
Parking
- 1 Parking Space
- Driveway
- On-Street Parking
Outdoor Features
- Cove
Utilities
- Central Heating and Cooling System
- Gas Water Heater
- Cable TV Available
Community Details
- Balmoral Estates Blk B 2 Subdivision
Listing and Financial Details
- Assessor Parcel Number 081051 00045
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2025
Closed on
May 8, 2025
Sold by
Tam Megan
Bought by
Blaha Charles D
Seller's Agent
Scott Perryman
The Porter Group
Buyer's Agent
Margie Oneal
REMAX Experts
List Price
$288,000
Sold Price
$282,000
Premium/Discount to List
-$6,000
-2.08%
Views
55
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
-$1,260
Avg. Annual Appreciation
5.10%
Original Mortgage
$225,600
Outstanding Balance
$225,600
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$59,930
Purchase Details
Listed on
Oct 7, 2021
Closed on
Nov 4, 2021
Sold by
Wherry Joseph Brock and Wherry Raleigh Scott
Bought by
Hudson Megan
Seller's Agent
Jan Jones
Groome & Co.
Buyer's Agent
Jodie Bowden
The Porter Group
List Price
$265,000
Sold Price
$270,500
Premium/Discount to List
$5,500
2.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.19%
Original Mortgage
$200,000
Interest Rate
2.88%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 3, 2018
Closed on
May 21, 2018
Sold by
Schooley David and Schooley Sherri
Bought by
Wherry Joseph Brock and Wherry Raleigh Scott
Seller's Agent
Frank Warren
Coldwell Banker Collins-Maury
Buyer's Agent
Jan Jones
Groome & Co.
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.36%
Original Mortgage
$156,750
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 8, 2004
Sold by
Krell Kurt J
Bought by
Schooley David and Schooley Sherri
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 4, 2002
Sold by
Lucchesi Mallie H Krell
Bought by
Krell Kurt J
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $282,000 | None Listed On Document | |
| Warranty Deed | $270,500 | Closetrak Llc | |
| Warranty Deed | $165,000 | Closetrak Closing & Title Sv | |
| Warranty Deed | $150,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,600 | New Conventional | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $156,750 | New Conventional | |
| Previous Owner | $144,340 | FHA | |
| Previous Owner | $154,381 | FHA | |
| Previous Owner | $142,500 | Credit Line Revolving | |
| Previous Owner | $80,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2025 05/08/25 | Sold | $282,000 | -2.1% | $108 / Sq Ft |
| 04/10/2025 04/10/25 | Pending | -- | -- | -- |
| 03/28/2025 03/28/25 | For Sale | $288,000 | +6.5% | $111 / Sq Ft |
| 11/04/2021 11/04/21 | Sold | $270,500 | +2.1% | $113 / Sq Ft |
| 10/07/2021 10/07/21 | For Sale | $265,000 | +60.6% | $110 / Sq Ft |
| 05/21/2018 05/21/18 | Sold | $165,000 | -2.9% | $63 / Sq Ft |
| 03/26/2018 03/26/18 | Pending | -- | -- | -- |
| 02/03/2018 02/03/18 | For Sale | $170,000 | -- | $65 / 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 | $1,914 | $77,950 | $10,000 | $67,950 |
| 2024 | $1,914 | $56,450 | $8,650 | $47,800 |
| 2023 | $3,439 | $56,450 | $8,650 | $47,800 |
| 2022 | $3,439 | $56,450 | $8,650 | $47,800 |
| 2021 | $1,532 | $56,450 | $8,650 | $47,800 |
| 2020 | $2,554 | $35,250 | $7,850 | $27,400 |
| 2019 | $1,127 | $35,250 | $7,850 | $27,400 |
| 2018 | $1,428 | $35,250 | $7,850 | $27,400 |
| 2017 | $1,153 | $35,250 | $7,850 | $27,400 |
| 2016 | $1,421 | $32,525 | $0 | $0 |
| 2014 | $1,421 | $32,525 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Scott Perryman
The Porter Group
(901) 497-5615
8 in this area
164 Total Sales
-
Seller Co-Listing Agent in 2025
Terri Porter
The Porter Group
(901) 870-0927
4 in this area
168 Total Sales
-
Buyer's Agent in 2025
Margie Oneal
RE/MAX
(901) 219-2766
1 in this area
80 Total Sales
-
Seller's Agent in 2021
Jan Jones
Groome & Co.
(901) 484-4416
3 in this area
235 Total Sales
-
J
Buyer's Agent in 2021
Jodie Bowden
The Porter Group
-
Seller's Agent in 2018
Frank Warren
Coldwell Banker Collins-Maury
(901) 212-5350
61 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10193065
APN: 08-1051-0-0045
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