NOT LISTED FOR SALE

316 Lancaster Square Unit 2 Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $356,000 - $630,000

2 Beds
2 Baths
2,600-2,799 Sq Ft
3,049 Sq Ft Lot

Last Sold March 31, 2015

Last sale price $324,000 $116 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,017/month

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Whirlpool Bathtub
  • White Station High Rated A
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of March 2015

Former home of a noted designer featuring fine window treatments, distinctive wall & ceiling finishes, custom cabinetry, blt-ins & trim throughout. 2BR 2BA 2Car Gar & bldg elevator. Mostly hardwd & slate flrs, spacious LR w/gas log FP & limestone mantle, formal DR w/antiqued walls & box beam ceiling, updated kitchen w/granite, new s/s dbl ovens, & cabinet front d/w, compactor, & frig/frzr, sep den, & MBR w/hardwd & salon bath. Wonderful loggia w/wall of windows, providing abundant natural light.

Last Agent to Sell the Property

Judy McLellan

Crye-Leike, Inc., REALTORS License #16362 Listed on: 02/10/2015

Crye-Leike, Inc., REALTORS

Co-Listed By

Mickey McLellan

Crye-Leike, Inc., REALTORS License #202427

Last Buyer's Agent

Deborah Mays

Hobson, REALTORS License #210876

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,089

Year Built

  • Built in 1986

Lot Details

  • 3,049

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,655 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Sun or Florida Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dressing Area
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Monitored
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage

Outdoor Features

  • Courtyard
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • End Unit
  • Upper Level

Community Details

  • Property has a Home Owners Association
  • Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking, pest control contract
  • Lancaster Square Condominium 1St Amend Subdivision

Listing and Financial Details

  • Assessor Parcel Number 057009 B00002

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,089

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit, Upstairs - Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 755H
  • MAAR Subdivision Name: VILLAGE (THE)
  • Condo: Yes
  • List Price Per Sq Ft: 132
  • Number Of Stories: 1
  • Price Per Sq Ft: 122.03
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2655
  • Termite Contract: Yes
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Carpet
  • Bedrooms: 2
  • Fireplace: Masonry, In Living Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Trash Compactor, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Security System, Monitored Alarm, Elevator
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Sun Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Dressing Area, Smooth Ceiling
  • P R I M A R Y B E D R O O M: Walk-In Closet, Carpet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Synthetic Stucco, Double Pane Window(s)
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Back-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Monitored Alarm System
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Courtyard
  • Condo Fees Include: Some Utilities, Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking, Pest Control Contract
  • Condominium Association: Yes

Lot Info

  • Lot Description: Level
  • Lot Number: 5
  • Acreage: 0.07
  • Price Per Acre: 5000000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 057009 B00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2015
Closed on
Mar 31, 2015
Sold by
Kleeper Gladys D
Bought by
Kerr Jean
Seller's Agent
Judy McLellan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Deborah Mays
Hobson, REALTORS
List Price
$350,000
Sold Price
$324,000
Premium/Discount to List
-$26,000
-7.43%
Current Estimated Value
$522,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,136
Avg. Annual Appreciation
4.62%
Original Mortgage
$259,200
Outstanding Balance
$200,260
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$321,876

Purchase Details

Closed on
Apr 7, 2005
Sold by
Graham James Glenn and Graham Mary Ann
Bought by
Klepper Gladys D

Purchase Details

Closed on
Aug 4, 1997
Sold by
Hawkes M
Bought by
Graham James Glenn and Graham Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 1995
Bought by
Hawkes M
Source: Public Records

Range of Values:

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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
Kerr Jean $324,000 Multiple
Klepper Gladys D $450,000 --
Graham James Glenn $390,000 --
Hawkes M $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerr Jean $259,200
Previous Owner Graham James Glenn $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2015 03/31/15 Sold $324,000 -7.4% $125 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $350,000 -- $135 / 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 $3,089 $119,875 $7,575 $112,300
2024 $3,089 $91,125 $7,575 $83,550
2023 $5,551 $91,125 $7,575 $83,550
2022 $5,551 $91,125 $7,575 $83,550
2021 $5,616 $91,125 $7,575 $83,550
2020 $5,828 $80,425 $7,575 $72,850
2019 $5,828 $80,425 $7,575 $72,850
2018 $5,828 $80,425 $7,575 $72,850
2017 $3,305 $80,425 $7,575 $72,850
2016 $2,759 $63,125 $0 $0
2014 $2,759 $63,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judy McLellan

    Seller's Agent in 2015

    Judy McLellan

    Crye-Leike, Inc., REALTORS

    (901) 277-5839

    36 in this area

    371 Total Sales

    Judy McLellan
    Section Image

  • M

    Seller Co-Listing Agent in 2015

    Mickey McLellan

    Crye-Leike, Inc., REALTORS

    (901) 277-5840

    29 in this area

    254 Total Sales

    Mickey McLellan
    Section Image
  • Deborah Mays

    Buyer's Agent in 2015

    Deborah Mays

    Hobson, REALTORS

    (901) 487-6533

    8 in this area

    68 Total Sales

    Deborah Mays
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9944970

Memphis Area Association of REALTORS®

APN: 05-7009-B0-0002

Tennessee Shelby County Memphis 38117 Audubon Park

316 Lancaster Square Unit 2, Memphis, TN

This home is located at 316 Lancaster Square Unit 2, Memphis, TN 38117 since 10 February 2015 and is currently estimated at $522,136, approximately $186 per square foot. This property was built in 1986. 316 Lancaster Square Unit 2 is a home located in Shelby County with nearby schools including White Station Elementary School, White Station High, and White Station Middle.

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