Seller's Agent in 2023
Benny Carter
Crye-Leike
(901) 766-9004
1 in this area
7 Total Sales
262 Lombardy Place Unit 3 Memphis, TN 38111
Chickasaw Gardens Neighborhood
2
Beds
1.5
Baths
1,200-1,399
Sq Ft
3,485
Sq Ft Lot
Highlights
- Gated Parking
- Wood Flooring
- Entrance Foyer
- Traditional Architecture
- Security Gate
- 4-minute walk to Tobey Park
About This Home
As of January 2023Secure and attractive 2 bedroom, 1.5 bath townhouse in a secure gated community adjacent to Chickasaw Gardens. Convenient especially for U of M, CBU and medical students and just a few minutes to downtown. Super investment property!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,164
Year Built
- Built in 1984
Home Design
- Traditional Architecture
Interior Spaces
- 1,200-1,399 Sq Ft Home
- 1,184 Sq Ft Home
- 2-Story Property
- Fireplace Features Masonry
- Entrance Foyer
- Combination Dining and Living Room
- Pull Down Stairs to Attic
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Upstairs
- All Upper Level Bedrooms
Laundry
- Dryer
- Washer
Home Security
- Security Gate
- Termite Clearance
- Iron Doors
Parking
- Gated Parking
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Cable TV Available
Community Details
- Property has a Home Owners Association
- $170 Maintenance Fee
- Lombardy Place Community
- Lombardy Place Condos First Amendment Subdivision
Listing and Financial Details
- Assessor Parcel Number 045015 A00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 25, 2022
Closed on
Jan 20, 2023
Sold by
Donna P Pace Living Trust
Bought by
Jones Quinton
Seller's Agent
Benny Carter
Crye-Leike, Inc., REALTORS
Buyer's Agent
Nadia Jones
The Home Partners Realty
List Price
$174,900
Sold Price
$157,000
Premium/Discount to List
-$17,900
-10.23%
Views
41
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
$3,207
Avg. Annual Appreciation
0.75%
Original Mortgage
$157,000
Outstanding Balance
$151,901
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$8,306
Purchase Details
Listed on
Oct 4, 2018
Closed on
Oct 24, 2018
Sold by
Lombardy Investments Llc
Bought by
Pace Donna P and The Donna P Pace Living Trust
Seller's Agent
Betsy Kelly
Hobson, REALTORS
Buyer's Agent
Benny Carter
Crye-Leike, Inc., REALTORS
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Purchase Details
Closed on
Aug 3, 2012
Sold by
Freeman Molly B
Bought by
Lombardy Investments Llc
Purchase Details
Closed on
Jul 30, 2002
Sold by
Mason Stephen E
Bought by
Freeman Molly B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,276
Interest Rate
6.3%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 28, 1999
Sold by
Jackman James M and Jackman Carol C
Bought by
Mason Stephen E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
7.27%
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 | $157,000 | Realty Title | |
| Warranty Deed | $130,000 | Realty Title | |
| Warranty Deed | $100,000 | None Available | |
| Warranty Deed | $107,700 | Realty Title | |
| Warranty Deed | $85,000 | Security Title Company Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $157,000 | New Conventional | |
| Previous Owner | $105,276 | FHA | |
| Previous Owner | $71,200 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/20/2023 01/20/23 | Sold | $157,000 | -4.8% | $131 / Sq Ft | View Prior Sale |
| 10/10/2022 10/10/22 | Price Changed | $164,900 | -2.9% | $137 / Sq Ft | |
| 09/15/2022 09/15/22 | Price Changed | $169,900 | -2.9% | $142 / Sq Ft | |
| 08/25/2022 08/25/22 | For Sale | $174,900 | +34.5% | $146 / Sq Ft | |
| 10/31/2018 10/31/18 | Sold | $130,000 | -3.7% | $108 / Sq Ft | |
| 10/04/2018 10/04/18 | For Sale | $135,000 | -- | $113 / 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 | $1,164 | $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 | $932 | $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
-
Benny Carter
-
Nadia Jones
Buyer's Agent in 2023
Nadia Jones
The Home Partners Realty
(901) 277-6186
1 in this area
14 Total Sales
-
Betsy Kelly
Seller's Agent in 2018
Betsy Kelly
Hobson, REALTORS
(901) 870-6244
2 in this area
38 Total Sales
-
Eleanore Maynard
Seller Co-Listing Agent in 2018
Eleanore Maynard
Hobson, REALTORS
(901) 219-1905
5 in this area
88 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10038068
APN: 04-5015-A0-0003
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