274 Lucerne Place Memphis, TN 38126
South Memphis NeighborhoodEstimated Value: $86,369
3
Beds
2
Baths
1,050
Sq Ft
$82/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- No HOA
- Property has 3 Levels
- 1 Fireplace
- Central Heating and Cooling System
About This Home
As of March 2025Here's a great BRRRR opportunity for an investor! Low maintenance brick exterior. Solid surface flooring throughout. Central H&A. Vacant, easy to show. Selling as-is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $606
Year Built
- Built in 2007
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 40x125
Parking
- Parking Pad
Home Design
- Traditional Architecture
Interior Spaces
- Property has 3 Levels
- 1 Fireplace
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Lucerne Pl Subdivision
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 013033 00015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 26, 2025
Sold by
Musni Teresa
Bought by
Southland Lucern Homes Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Outstanding Balance
$86,104
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$3,112
Purchase Details
Listed on
Mar 25, 2025
Closed on
Mar 24, 2025
Sold by
274 Lucerne Place Trust and Fomo In Memphis Llc
Bought by
Musni Teresa
List Price
$69,900
Sold Price
$69,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.57%
Original Mortgage
$83,900
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 19, 2022
Sold by
Memphis Residential Income Fund 51 Llc
Bought by
274 Lucerne Place Trust and Sanchez Matthew D
Purchase Details
Closed on
Nov 3, 2014
Sold by
Redrock Energy Llc
Bought by
Memphis Residential Income Fund 51 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,615,000
Interest Rate
4.29%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 23, 2014
Sold by
Memphis 2006 Llc
Bought by
Redrock Energy Llc
Purchase Details
Closed on
Jan 29, 2007
Sold by
Buehler Harold E and Buehler Jo Ellen
Bought by
Memphis 2006 Llc
Purchase Details
Closed on
Feb 17, 2005
Sold by
Kessler Laverne and Needleman Mildred
Bought by
Buehler Harold E
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Southland Lucern Homes Llc | -- | Foundation Title & Escrow | |
| Musni Teresa | $69,900 | Foundation Title | |
| 274 Lucerne Place Trust | $50,250 | Delta Title Services | |
| Memphis Residential Income Fund 51 Llc | -- | Stewart Title Co Tennessee D | |
| Redrock Energy Llc | -- | Stewart Title Co Tennessee D | |
| Memphis 2006 Llc | -- | None Available | |
| Buehler Harold E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Southland Lucern Homes Llc | $86,250 | |
| Previous Owner | Musni Teresa | $83,900 | |
| Previous Owner | Memphis Residential Income Fund 51 Llc | $1,615,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2025 03/25/25 | Sold | $69,900 | 0.0% | $67 / Sq Ft |
| 03/25/2025 03/25/25 | Pending | -- | -- | -- |
| 03/25/2025 03/25/25 | For Sale | $69,900 | -- | $67 / Sq Ft |
Source: Realtracs
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 | $337 | $19,675 | $1,750 | $17,925 |
| 2024 | $337 | $9,950 | $875 | $9,075 |
| 2023 | $606 | $9,950 | $875 | $9,075 |
| 2022 | $606 | $9,950 | $875 | $9,075 |
| 2021 | $613 | $9,950 | $875 | $9,075 |
| 2020 | $634 | $8,750 | $875 | $7,875 |
| 2019 | $280 | $8,750 | $875 | $7,875 |
| 2018 | $280 | $8,750 | $875 | $7,875 |
| 2017 | $286 | $8,750 | $875 | $7,875 |
| 2016 | $413 | $9,450 | $0 | $0 |
Source: Public Records
Map
Source: Realtracs
MLS Number: 3153511
APN: 01-3033-0-0015
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