NOT LISTED FOR SALE

324 Lancaster Square Unit 2 Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $357,000 - $545,252

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

Last Sold June 21, 2019

Last sale price $355,000 $127 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,832/month

Highlights

  • Sitting Area In Primary Bedroom
  • Updated Kitchen
  • Traditional Architecture
  • White Station High Rated A
  • Landscaped Professionally
  • Wood Flooring

About This Home

As of June 2019

Easy living in the middle of East Memphis. Gorgeous (31x10) tiled sunroom to enjoy year round w/ wall of windows, KIT updates include sleek new floor, new granite countertops,creamy white cabinets, keeping area, and great place to cook. Great study w blt-ins, spacious master suite w large walk-in, pretty hardwoods. Tall ceilings,light filled, two car garage, and ELEVATOR! Handsome and move in ready!

Last Agent to Sell the Property

Virginia Sharp

Ware Jones, REALTORS License #267532 Listed on: 02/27/2019

Ware Jones, REALTORS

Co-Listed By

Faith Kaye

Ware Jones, REALTORS License #202296

Last Buyer's Agent

Deborah Mays

Hobson, REALTORS License #210876

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,010

Year Built

  • Built in 1986

Lot Details

  • Landscaped Professionally
  • Few Trees

Home Design

  • Traditional Architecture
  • Pier And Beam

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,655 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Play Room
  • Burglar Security System

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

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

Additional Features

  • Courtyard
  • Upper Level
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $500 Maintenance Fee
  • Lancaster Square Condominium 1St Amend Subdivision
  • Property managed by owner managed

Listing and Financial Details

  • Assessor Parcel Number 057009 B00008

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,010

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Upstairs - Flat
  • Detached Unit Type: General Residential
  • Cross Street: Poplar
  • MLS Map #: 755H
  • MAAR Subdivision Name: VILLAGE (THE)
  • Condo: Yes
  • List Price Per Sq Ft: 132
  • Number Of Stories: 1
  • Price Per Sq Ft: 133.71
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2655
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Play Room/Recreation Room, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Level 1, Smooth Ceiling
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Vented Gas Fireplace, In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Double Oven, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Elevator
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Office/Sewing Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, 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

Exterior Features

  • Misc Exterior: Courtyard
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Burglar Alarm
  • Water Sewer: Public Sewer

Association/Amenities

  • Condominium Association: Yes
  • Management Company: owner managed

Fee Information

  • Monthly Maintenance Fee: 500

Lot Info

  • Lot Description: Some Trees, Landscaped, Professionally Landscaped
  • Lot Number: 8
  • Acreage: 0.07
  • Lot Size: 0.07
  • Price Per Acre: 4992857

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 057009 B00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2019
Closed on
Jun 21, 2019
Sold by
Gaering Eugene C and Gaering Mary Louise
Bought by
Howell Walter B and Howell Nancy
Seller's Agent
Virginia Sharp
Ware Jones, REALTORS
Buyer's Agent
Deborah Mays
Hobson, REALTORS
List Price
$349,500
Sold Price
$355,000
Premium/Discount to List
$5,500
1.57%
Current Estimated Value
$488,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,313
Avg. Annual Appreciation
5.17%

Purchase Details

Listed on
May 26, 2016
Closed on
Jun 30, 2017
Sold by
Olim Enta Cove
Bought by
Gaerig Eugene C and Gaerig Mary Louise
Seller's Agent
Judy McLellan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Faith Kaye
Ware Jones, REALTORS
List Price
$339,900
Sold Price
$276,630
Premium/Discount to List
-$63,270
-18.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.43%
Source: Public Records

Range of Values:

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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
Howell Walter B $355,000 Executive Ttl & Closing Inc
Gaerig Eugene C $276,630 Realty Title & Escrow Co Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2019 06/21/19 Sold $355,000 +1.6% $137 / Sq Ft
02/27/2019 02/27/19 For Sale $349,500 +26.3% $134 / Sq Ft
06/30/2017 06/30/17 Sold $276,630 -18.6% $106 / Sq Ft View Prior Sale
06/03/2017 06/03/17 Pending -- -- --
05/26/2016 05/26/16 For Sale $339,900 -- $131 / 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 $3,064 $88,800 $7,575 $81,225
2020 $5,672 $78,275 $7,575 $70,700
2019 $2,502 $78,275 $7,575 $70,700
2018 $2,502 $78,275 $7,575 $70,700
2017 $2,561 $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

  • Virginia Sharp

    Seller's Agent in 2019

    Virginia Sharp

    Ware Jones, REALTORS

    (901) 359-3601

    28 in this area

    58 Total Sales

    Virginia Sharp
    Section Image

  • F

    Seller Co-Listing Agent in 2019

    Faith Kaye

    Ware Jones, REALTORS

    Section Image
  • Deborah Mays

    Buyer's Agent in 2019

    Deborah Mays

    Hobson, REALTORS

    (901) 487-6533

    8 in this area

    68 Total Sales

    Deborah Mays
    Section Image
  • Judy McLellan

    Seller's Agent in 2017

    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 2017

    Mickey McLellan

    Crye-Leike, Inc., REALTORS

    (901) 277-5840

    29 in this area

    254 Total Sales

    Mickey McLellan
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10046894

Memphis Area Association of REALTORS®

APN: 05-7009-B0-0008

Tennessee Shelby County Memphis 38117 Audubon Park

324 Lancaster Square Unit 2, Memphis, TN

This home is located at 324 Lancaster Square Unit 2, Memphis, TN 38117 since 27 February 2019 and is currently estimated at $488,313, approximately $174 per square foot. This property was built in 1986. 324 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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