NOT LISTED FOR SALE

261 Wakefield Dr Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $840,356 - $1,016,000

6 Beds
5.5 Baths
4,500-4,999 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 09, 2015

Last sale price $590,000 $118 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,364/month

Highlights

  • Sitting Area In Primary Bedroom
  • Updated Kitchen
  • Living Room with Fireplace
  • White Station High Rated A
  • Landscaped Professionally
  • Traditional Architecture

About This Home

As of March 2015

Completely renovated in 2008. Expansive,sleek, open fl plan.Main house has 5 BR(3 dn & 2 up w/Jack & Jill bath) & 3.5 BA. Sumptuous Mst. Ba w/Italian carrara marble. Gracious entry, Formal LR w/FP, DR w/hall to custom chef's Kit w/ the finest cabinetry,appl, hardware, etc.Huge Laundry RM & wine storage. Mudroom w/built-ins. 4-car covered parking incl. new 2 car gar.. Lg. in-law suite or guest wing above gar. w/full bath. Outside entertaining area w/full ba.IMMEDIATE POSSESSION, BRING ALL OFFERS

Last Agent to Sell the Property

Mark Thomas

Keller Williams License #237466 Listed on: 07/25/2014

Last Buyer's Agent

Harold Blockman

Keller Williams License #205042

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,932

Year Built

  • Built in 1957

Lot Details

  • 0.42 Acre Lot
  • Wood Fence
  • Landscaped Professionally
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 4,340 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Skylights
  • Fireplace Features Masonry
  • Some Wood Windows
  • Mud Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Permanent Attic Stairs

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 6 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Dressing Area
  • Primary Bathroom is a Full Bathroom
  • Powder Room
  • Whirlpool Bathtub
  • Separate Shower

Home Security

  • Home Security System
  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Laurelwood S/D Of Pt Lot 3 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 057022 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,932

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BELLE MEADE
  • List Price Per Sq Ft: 161
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4340
  • Year Built: 1957
  • 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, Laundry Room
  • Second Story Floor Plan: 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 4500-4999
  • 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, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 6
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Living Room, In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Instant Hot Water
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry
  • Misc Interior: Walk-In Closet(s), Permanent Attic Stairs, Walk-In Attic, Sky Light(s), Mud Room, Powder/Dressing Room, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Sun Room
  • Primary Bathroom Description: Whirlpool Tub, Separate Shower, Dressing Area, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Sitting Area, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Storm Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 4
  • Parking Display: G4A
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central, Dual System
  • Heating: Central, Gas, Dual System
  • Security: Smoke Detector(s)
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped, Wood Fenced
  • Lot Number: 54
  • Acreage: 0.42
  • Lot Size: 100/107.62 X 180.45/180

Tax Info

  • Assessor Parcel Number: 057022 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2014
Closed on
Apr 6, 2015
Sold by
Fogelman Robert Fredric
Bought by
Fik Jeffrey J and Fik Ane Katharine O
Seller's Agent
Mark Thomas
Keller Williams
Buyer's Agent
Harold Blockman
Keller Williams
List Price
$849,000
Sold Price
$590,000
Premium/Discount to List
-$259,000
-30.51%
Current Estimated Value
$930,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,339
Avg. Annual Appreciation
4.37%
Original Mortgage
$417,000
Outstanding Balance
$154,001
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$776,338

Purchase Details

Closed on
May 21, 2012
Sold by
Fogelman Robert Fredric
Bought by
Fogelman Ii Robert Fredric and Robert Fredric Fogelman Ii Living Trust

Purchase Details

Closed on
Feb 10, 2012
Sold by
Fogelman Robert Frederic
Bought by
Fogelman Ii Robert Fredric and Robert Fredric Fogelman Ii 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
$399,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2010
Sold by
Fogelman Robert F and Fogelman Mary Bradley King
Bought by
Fogelman Ii Robert Fredric and Fogelman Mary Bradley King

Purchase Details

Closed on
Mar 30, 2009
Sold by
Fogelman Robert Fredric
Bought by
Fogelman Ii Robert F and Fogelman Mary Bradley King

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2007
Sold by
Cohen Kay Allenberg and Cohen Lawrence Louis
Bought by
Fogelman Ii Robert Fredric and Robert Fredric Fogelman Ii Living Trust
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
Fik Jeffrey J $630,000 Premium Title Group Llc
Fogelman Ii Robert Fredric -- Mid South Title Svcs Llc
Fogelman Ii Robert Fredric -- Mid South Title Services Llc
Fogelman Ii Robert Fredric -- None Available
Fogelman Ii Robert F -- None Available
Fogelman Ii Robert Fredric $460,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fik Jeffrey J $417,000
Previous Owner Fogelman Ii Robert Fredric $399,000
Previous Owner Fogelman Ii Robert F $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2015 03/09/15 Sold $590,000 -30.5% $131 / Sq Ft
02/07/2015 02/07/15 Pending -- -- --
07/25/2014 07/25/14 For Sale $849,000 -- $189 / 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 $5,932 $214,700 $42,125 $172,575
2024 $5,932 $174,975 $41,050 $133,925
2023 $10,659 $174,975 $41,050 $133,925
2022 $10,659 $174,975 $41,050 $133,925
2021 $10,784 $174,975 $41,050 $133,925
2020 $11,869 $163,800 $41,050 $122,750
2019 $11,869 $163,800 $41,050 $122,750
2018 $11,869 $163,800 $41,050 $122,750
2017 $6,732 $163,800 $41,050 $122,750
2016 $6,864 $157,075 $0 $0
2014 $6,864 $157,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mark Thomas

    Keller Williams

  • H

    Buyer's Agent in 2015

    Harold Blockman

    Keller Williams

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9932246

Memphis Area Association of REALTORS®

APN: 05-7022-0-0007

Tennessee Shelby County Memphis 38117 Audubon Park

261 Wakefield Dr, Memphis, TN

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