NOT LISTED FOR SALE

322 Lancaster Square Unit 2 Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $352,000 - $540,425

2 Beds
2 Baths
2,600-2,799 Sq Ft
6,055 Sq Ft Lot Lot

Sale Details

Date Sold: March 2, 2012

Last sale price $252,500 $90 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,774 / mo

150 Days on Market

Highlights

  • Updated Kitchen
  • English Architecture
  • Main Floor Primary Bedroom
  • White Station High Rated A
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of March 2012

Wonderful Lancaster Square! Go see the other condos available and then come buy this one! Totally renovated unit has all the bells and whistles, a chef's kitchen, luxurious master bath, two units share a private elevator, location, location, location!!

Last Agent to Sell the Property

David Da Ponte

Sowell, Realtors License #278752 Listed on: 09/19/2011

Last Buyer's Agent

Larry McMillan

Commerce REALTORS License #21673

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988

Lot Details

  • End Unit
  • Wood Fence
  • Landscaped

Home Design

  • English Architecture
  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,799 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Factory Built Fireplace
  • Double Pane Windows
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Partial Basement
  • Termite Clearance

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Enclosed Balcony
  • Courtyard

Location

  • Upper Level

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 057009 B00006

Community Details

Overview

  • Property has a Home Owners Association
  • $400 Maintenance Fee
  • Association fees include exterior maintenance, grounds maintenance, exterior insurance, reserve fund
  • 2 Units
  • Lancaster Square Community
  • Lancaster Square Condominium 1St Amend Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1988

Lot Details

6,055 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional, English
  • Attached Unit Type: End Unit, Upstairs - Flat
  • Cross Street: GOODLETT
  • MAAR Subdivision Name: VILLAGE (THE)
  • Condo: Yes
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2799
  • Termite Contract: Yes
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedrooms: 2
  • Bedrooms Down: 1
  • Fireplace: Prefabricated, In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Separate Breakfast Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Mud Room, Cat/Dog Free House, Elevator
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Sun Room, Entry Hall, Storage Room

Exterior Features

  • Misc Exterior: Enclosed Balcony, Well Landscaped Grounds, Wood Fence, Sidewalks
  • Exterior Windows: Double Pane Window(s)
  • Foundation: Slab, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Storage Room(s), Garage Door Opener(s), Back-Load Garage, Assigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Security: Limited Access
  • Water Sewer: Gas Water Heater

Association/Amenities

  • Condo Amenities: Courtyard
  • Condo Fees Include: Exterior Maintenance, Grounds Maintenance, Exterior Insurance, Reserve Fund
  • Condominium Association: Yes
  • Condominium Name: Lancaster Square

Fee Information

  • Monthly Maintenance Fee: 400

Lot Info

  • Lot Number: 5

Tax Info

  • Assessor Parcel Number: 057009 B00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2025
Sold by
Jones Carol Lynn
Bought by
Jones Carol Lynn and Boal Chad Patrick
Current Estimated Value
$475,475

Purchase Details

Closed on
Sep 13, 2012
Sold by
Mcelveen Herbert Shane
Bought by
Jones James Reid and Jones Carol Lynn

Purchase Details

Listed on
Sep 19, 2011
Closed on
Mar 2, 2012
Sold by
Mallory Lewis F
Bought by
Mcelveen Herbert Shane
Seller's Agent
David Da Ponte
Sowell, Realtors
Buyer's Agent
Larry McMillan
Commerce REALTORS
List Price
$295,000
Sold Price
$252,500
Premium/Discount to List
-$42,500
-14.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$200,000
Interest Rate
3.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 30, 2005
Sold by
Palmer Jeanne S
Bought by
Mallory Lewis F

Purchase Details

Closed on
May 21, 1998
Sold by
Hawkes Martha S
Bought by
Palmer Nancy M and Nancy M Palmer Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1998
Sold by
Hawkes Martha S 1996 Trust U A /96
Bought by
Hawkes Martha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Jones Carol Lynn -- None Listed On Document
Jones James Reid $309,500 None Available
Mcelveen Herbert Shane $252,500 Assurance Title & Escrow
Mallory Lewis F $335,864 --
Palmer Nancy M $315,000 --
Palmer Nancy M $315,000 --
Hawkes Martha S $300,000 --
Hawkes Martha S $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcelveen Herbert Shane $200,000
Previous Owner Palmer Nancy M $225,000
Previous Owner Hawkes Martha S $300,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2012 03/02/12 Sold $252,500 -14.4% $97 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
09/19/2011 09/19/11 For Sale $295,000 -- $113 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $3,010 $119,875 $7,575 $112,300
2024 $3,010 $88,800 $7,575 $81,225
2023 $5,409 $88,800 $7,575 $81,225
2022 $5,409 $88,800 $7,575 $81,225
2021 $5,473 $88,800 $7,575 $81,225
2020 $5,672 $78,275 $7,575 $70,700
2019 $5,672 $78,275 $7,575 $70,700
2018 $5,672 $78,275 $7,575 $70,700
2017 $3,217 $78,275 $7,575 $70,700
2016 $2,759 $63,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    David Da Ponte

    Sowell, Realtors

    (901) 278-4380

    21 in this area

    187 Total Sales

    David Da Ponte
    Section Image

  • L

    Buyer's Agent in 2012

    Larry McMillan

    Commerce REALTORS

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3232631

Memphis Area Association of REALTORS®

APN: 05-7009-B0-0006

Tennessee Shelby County Memphis 38117 East Memphis

322 Lancaster Square Unit 2, Memphis, TN

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