NOT LISTED FOR SALE

Estimated Value: $86,369

3 Beds
2 Baths
1,050 Sq Ft
$82/Sq Ft Est. Value

Sale Details

Date Sold: March 25, 2025

Last sale price $69,900 $67 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $489 / mo

Highlights

  • Traditional Architecture
  • No HOA
  • Property has 3 Levels
  • 1 Fireplace
  • Central Heating and Cooling System

About This Home

As of March 2025

Here'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

Home Details

Home Type

Single Family

Est. Annual Taxes

$606

Year Built

Built in 2007

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2007
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Other
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Foundation Details: Slab
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size: 40X125
  • Lot Size Units: Acres
  • Parcel #: 013033 00015
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 606
  • Tax Lot: 13

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
$86,369

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
Source: Public Records
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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
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

Realtracs

APN: 01-3033-0-0015

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