NOT LISTED FOR SALE

260 Lombardy Place Unit 2 Memphis, TN 38111

Chickasaw Gardens Neighborhood

Estimated Value: $161,000 - $204,521

2 Beds
1.5 Baths
1,200-1,399 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 09, 2018

Last sale price $150,000 $107 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,083/month

177 Days on Market

Highlights

  • Gated Parking
  • Traditional Architecture
  • Patio
  • Updated Kitchen
  • Some Wood Windows
  • 4-minute walk to Tobey Park

About This Home

As of May 2018

This delightful townhouse has recently undergone some major updates and renovations. New, completely furnished kitchen with stainless appliances and granite counter tops. Both downstairs powder room and upstairs full bath also have been renovated and have granite. Washer and dryer remain. Freshly painted throughout. Fenced backyard with patio. Small gated community a short walk to a popular dog park, Liberty Bowl Stadium and Chickasaw Gardens and convenient to both Midtown and East Memphis.

Last Agent to Sell the Property

Betsy Kelly

Hobson, REALTORS License #223627 Listed on: 10/31/2017

Co-Listed By

Eleanore Maynard

Hobson, REALTORS License #338129

Last Buyer's Agent

Laurie McBride Connors

Ware Jones, REALTORS License #300141

Ware Jones, REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,164

Year Built

  • Built in 1986

Lot Details

  • Wood Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,231 Sq Ft Home
  • 1.1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Remodeled Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Termite Clearance
  • Iron Doors

Parking

  • Gated Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • $170 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, exterior insurance, parking, pest control contract
  • Lombardy Place Community
  • Lombardy Place Condos First Amendment Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045015 A00002

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,164

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • Cross Street: Lombardy
  • MLS Map #: 754E
  • MAAR Subdivision Name: CHICKASAW GARDENS
  • Condo: Yes
  • List Price Per Sq Ft: 128
  • Number Of Stories: 1.1
  • Price Per Sq Ft: 121.85
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1231
  • Termite Contract: Yes
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Renovated Bathroom, Half Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 2, Shared Bath
  • Bedrooms: 2
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Wall to Wall Carpet, Wood Laminate Floors, Smooth Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Gated Parking, Gate Clickers, Parking Lot, Assigned Parking

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Security Gate
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Exterior Insurance, Parking, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Lombardy Place

Fee Information

  • Monthly Maintenance Fee: 170

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 7THRU9

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 045015 A00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2021
Sold by
Baine Jasmin
Bought by
Slate Holdings Llc
Current Estimated Value
$180,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,851
Outstanding Balance
$139,587
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$39,918

Purchase Details

Listed on
Oct 31, 2017
Closed on
May 9, 2018
Sold by
Lombardy Investments Llc
Bought by
Raine Jasmin
Seller's Agent
Betsy Kelly
Hobson, REALTORS
Buyer's Agent
Laurie McBride Connors
Ware Jones, REALTORS
List Price
$158,000
Sold Price
$150,000
Premium/Discount to List
-$8,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%

Purchase Details

Closed on
Aug 1, 2012
Sold by
Wade Lucy Hardy
Bought by
Lombardy Investments Llc

Purchase Details

Closed on
May 29, 2001
Sold by
Barbara Askew
Bought by
Hardy Lucy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,216
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 1995
Bought by
Flowers Donald H

Purchase Details

Closed on
Apr 26, 1995
Bought by
Flowers Donald H
Source: Public Records

Range of Values:

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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
Slate Holdings Llc $179,825 Executive Ttl & Closing Inc
Raine Jasmin $150,000 None Available
Lombardy Investments Llc $100,000 None Available
Hardy Lucy C $101,500 West Tennessee Title Insuran
Flowers Donald H $76,500 --
Flowers Donald H $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slate Holdings Llc $152,851
Closed State Holdings Llc $152,851
Previous Owner Hardy Lucy C $91,200
Previous Owner Hardy Lucy Charlotte $100,400
Previous Owner Hardy Lucy C $99,216
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2018 05/09/18 Sold $150,000 -5.1% $125 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
10/31/2017 10/31/17 For Sale $158,000 -- $132 / 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 $1,164 $40,175 $4,350 $35,825
2024 $1,164 $34,350 $4,350 $30,000
2023 $2,092 $34,350 $4,350 $30,000
2022 $2,092 $34,350 $4,350 $30,000
2021 $1,185 $34,350 $4,350 $30,000
2020 $821 $25,675 $4,350 $21,325
2019 $821 $25,675 $4,350 $21,325
2018 $1,313 $41,080 $6,960 $34,120
2017 $1,344 $41,080 $6,960 $34,120
2016 $1,748 $40,000 $0 $0
2014 $1,748 $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Betsy Kelly

    Seller's Agent in 2018

    Betsy Kelly

    Hobson, REALTORS

    (901) 870-6244

    2 in this area

    49 Total Sales

    Section Image
  • Eleanore Maynard

    Seller Co-Listing Agent in 2018

    Eleanore Maynard

    Hobson, REALTORS

    (901) 219-1905

    6 in this area

    100 Total Sales

    Section Image
  • Laurie McBride Connors

    Buyer's Agent in 2018

    Laurie McBride Connors

    Ware Jones, REALTORS

    (901) 355-4020

    12 in this area

    154 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10014696

Memphis Area Association of REALTORS®

APN: 04-5015-A0-0002

Tennessee Shelby County Memphis 38111 Chickasaw Gardens

260 Lombardy Place Unit 2, Memphis, TN

This home is located at 260 Lombardy Place Unit 2, Memphis, TN 38111 since 31 October 2017 and is currently estimated at $180,130, approximately $128 per square foot. This property was built in 1986. 260 Lombardy Place Unit 2 is a home located in Shelby County with nearby schools including Sherwood Middle, Central High School, and Hanley School - Elementary.

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