$120,000
SOLD MAY 15, 2020

3078 Rising Sun Rd Unit 71 Lakeland, TN 38002

Lakeland Neighborhood
3 Beds
2.5 Baths
1,600-1,799 Sq Ft
5,576 Sq Ft Lot

Recently Sold

$67 Per Sq Ft

1 Day on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • 1 Fireplace
  • Lakeland Elementary School Rated A
  • Wood Flooring
  • Tennis Courts

About This Home

As of May 2020

Nice move in ready condo in quiet neighborhood. Located just minutes away from the expressway and shopping centers. Hurry this won't last long.

Last Agent to Sell the Property

Leon Jr. Dickson

BenchMark REALTORS, LLC License #345246 Listed on: 04/14/2020

Last Buyer's Agent

Alexis Brown

Emmett Baird Realty, LLC License #344693

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $631

Year Built

  • Built in 1976

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,780 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Breakfast Bar

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Parking

  • 1 Car Garage
  • Rear-Facing Garage

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number L0159D B00072

Community Details

Overview

  • Property has a Home Owners Association
  • $250 Maintenance Fee
  • Fairway Valley Community
  • Fairway Village Condominiums Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$631

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MLS Map #: 833A
  • MAAR Subdivision Name: FAIRWAY VILLAGE CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 67
  • Number Of Stories: 2
  • Price Per Sq Ft: 67.42
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1780
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, LR/DR Combination, Breakfast Bar
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Vinyl Siding

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Back-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condo Amenities: Clubhouse
  • Condominium Association: Yes
  • Condominium Name: Fairway Valley
  • Neighborhood Amenities: Tennis Court

Fee Information

  • Monthly Maintenance Fee: 250

Lot Info

  • Lot Number: MD
  • Lot Size: 1677

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: L0159D B00072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2020
Closed on
May 15, 2020
Sold by
Sealey Jeffery D
Bought by
Bergman Justin
Seller's Agent
Leon Jr. Dickson
BenchMark REALTORS, LLC
Buyer's Agent
Alexis Brown
Emmett Baird Realty, LLC
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$185,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,052
Avg. Annual Appreciation
8.45%
Original Mortgage
$90,000
Outstanding Balance
$80,447
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$103,584

Purchase Details

Closed on
Oct 12, 2018
Sold by
Sealey Investments Llc
Bought by
Sealey Jeffery D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2018
Closed on
Apr 9, 2018
Sold by
Taylor Evelyn M and Sharpe Evelyn M
Bought by
Sealey Investments Llc
Seller's Agent
Jo Ann Langlois
901 Properties
Buyer's Agent
Jeffery Sealey
Weichert REALTOR-SPM
List Price
$91,900
Sold Price
$89,500
Premium/Discount to List
-$2,400
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%

Purchase Details

Closed on
May 29, 2015
Sold by
Dino Jerry Anthony
Bought by
Taylor Evelyn Marie

Purchase Details

Closed on
May 26, 2015
Sold by
Taylor Evelyn Marie
Bought by
Taylor Evelyn Marie

Purchase Details

Closed on
Nov 14, 2007
Sold by
Loyd Kenny J and Loyd Melissa L
Bought by
Sharpe Evelyn M

Purchase Details

Closed on
Nov 18, 2004
Sold by
Bruce Martin A and Bruce Kimberly D
Bought by
Loyd Kenny J and Loyd Melissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
5.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 4, 2003
Sold by
Williams Albert Warner and Williams Sundra H
Bought by
Bruce Martin A and Bruce Kimberly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,335
Interest Rate
5.82%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $120,000 Delta Title Services Llc
Warranty Deed $91,000 Edco Title & Closing Svcs In
Warranty Deed $89,500 None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $92,000 None Available
Warranty Deed $84,000 --
Warranty Deed $74,000 Southern Trust Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 New Conventional
Previous Owner $72,800 New Conventional
Previous Owner $67,200 Unknown
Previous Owner $72,335 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $120,000 0.0% $75 / Sq Ft
04/14/2020 04/14/20 For Sale $120,000 +34.1% $75 / Sq Ft
04/09/2018 04/09/18 Sold $89,500 -2.6% $56 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
03/18/2018 03/18/18 For Sale $91,900 -- $57 / 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 $631 $46,475 $3,475 $43,000
2024 $1,798 $26,525 $3,475 $23,050
2023 $899 $26,525 $3,475 $23,050
2022 $899 $26,525 $3,475 $23,050
2021 $1,191 $26,525 $3,475 $23,050
2020 $1,087 $20,550 $3,475 $17,075
2019 $510 $20,550 $3,475 $17,075
2018 $832 $20,550 $3,475 $17,075
2017 $1,101 $20,550 $3,475 $17,075
2016 $1,174 $20,350 $0 $0
2014 $889 $20,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leon Jr. Dickson

    Seller's Agent in 2020

    Leon Jr. Dickson

    BenchMark REALTORS, LLC

    (901) 859-5440

    18 Total Sales

    Section Image
  • Alexis Brown

    Buyer's Agent in 2020

    Alexis Brown

    Emmett Baird Realty, LLC

    (901) 687-8054

    28 in this area

    203 Total Sales

    Section Image
  • Jo Ann Langlois

    Seller's Agent in 2018

    Jo Ann Langlois

    901 Properties

    (901) 412-3141

    4 in this area

    63 Total Sales

    Section Image

  • J

    Buyer's Agent in 2018

    Jeffery Sealey

    Weichert REALTOR-SPM

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10074675

Memphis Area Association of REALTORS®

APN: L0-159D-B0-0072

Tennessee Shelby County Lakeland 38002 Lakeland

3078 Rising Sun Rd Unit 71, Lakeland, TN

This home is located at 3078 Rising Sun Rd Unit 71, Lakeland, TN 38002 and is currently priced at $120,000, approximately $66 per square foot. This property was built in 1976. 3078 Rising Sun Rd Unit 71 is a home located in Shelby County with nearby schools including Lakeland Elementary School, Lakeland Middle Preparatory School, and Arlington High School.

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