NOT LISTED FOR SALE

322 Lancaster Square Unit Suite 2 Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $355,000 - $635,000

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

Last Sold September 14, 2012

Last sale price $309,000 $110 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,040/month

Highlights

  • Sitting Area In Primary Bedroom
  • Updated Kitchen
  • Traditional Architecture
  • White Station High Rated A
  • Marble Flooring
  • Whirlpool Bathtub

About This Home

As of September 2012

Luxury Condo, with a NEW Gourmet Kitchen, Designer Bathrooms, Marble & Hardwood Flooring, Custom Window Treatments, Wolf Range, Jenn-Air Ovens, Warming Drawer & Refrigerator. Custom Lighting and a New Sound System. Spa-style Master Bath, tons of Storage

Last Agent to Sell the Property

Larry McMillan

Commerce REALTORS License #21673 Listed on: 06/15/2012

Last Buyer's Agent

Kendall Haney

901 Real Estate Services License #218380

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,010

Year Built

  • Built in 1988

Lot Details

  • End Unit
  • Landscaped

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Synthetic Stucco Exterior

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
  • Fireplace With Gas Starter
  • Window Treatments
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Storage Room
  • Pull Down Stairs to Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 057009 B00006

Community Details

Overview

  • Property has a Home Owners Association
  • $400 Maintenance Fee
  • Association fees include water/sewer
  • 5 Units
  • Lancaster Square Community
  • Lancaster Square Condominium 1St Amend Subdivision
  • Property managed by CrossRoads Prop Mgt

Pet Policy

  • No Pets Allowed

Security

  • Building Fire Alarm
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,010

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit
  • Cross Street: GOODLETT
  • MLS Map #: 755H
  • MAAR Subdivision Name: VILLAGE (THE)
  • Condo: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 110.4
  • 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
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, In Living Room, Gas Starter
  • Floors/Ceilings: Hardwood Throughout, Marble/Terrazzo, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Cat/Dog Free House, Elevator, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Sun Room, Attic, Storage Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Sitting Area, Smooth Ceiling, Hardwood Floor, Carpet

Exterior Features

  • Misc Exterior: Well Landscaped Grounds
  • Exterior Windows: Synthetic Stucco, R-Factor (See Remarks)
  • 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, Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Security: Burglar Alarm, Fire Alarm, Monitored Alarm System, Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater

Association/Amenities

  • Condo Fees Include: Water/Sewer
  • Condominium Association: Yes
  • Condominium Name: Lancaster Square
  • Management Company: CrossRoads Prop Mgt

Fee Information

  • Monthly Maintenance Fee: 400

Lot Info

  • Lot Number: 5

Multi Family

  • Number Of Rooms: 7

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
$527,523

Purchase Details

Listed on
Jun 15, 2012
Closed on
Sep 13, 2012
Sold by
Mcelveen Herbert Shane
Bought by
Jones James Reid and Jones Carol Lynn
Seller's Agent
Larry McMillan
Commerce REALTORS
Buyer's Agent
Kendall Haney
901 Real Estate Services
List Price
$319,500
Sold Price
$309,000
Premium/Discount to List
-$10,500
-3.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%

Purchase Details

Closed on
Mar 2, 2012
Sold by
Mallory Lewis F
Bought by
Mcelveen Herbert Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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:

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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 James Reid $309,500 None Available
Mcelveen Herbert Shane $252,500 Assurance Title & Escrow
Mallory Lewis F $335,864 --
Palmer Nancy M $315,000 --
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
09/14/2012 09/14/12 Sold $309,000 -3.3% $119 / Sq Ft
09/01/2012 09/01/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $319,500 -- $123 / 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 $3,010 $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
2014 $2,759 $63,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3249817

Memphis Area Association of REALTORS®

APN: 05-7009-B0-0006