NOT LISTED FOR SALE

324 Lancaster Square Unit 2 Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $351,000 - $531,240

2 Beds
2 Baths
2,655 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: June 21, 2019

Last sale price $355,000 $134 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,615 / mo

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Home Office
  • White Station High Rated A
  • High Ceiling
  • Double Oven

About This Home

As of June 2019

E'Mphs highly sought after, best located condo's! Nice Nice Nice 2BR 2BA gently lived in unit incl LR w/FP, blt-in cabinets & bookcases, separate den/study, cheerful eat-in kitchen w/tile floors, spacious 17x17 master BR w/salon Ba & lrg walk-in closet plus 17x15 BR 2 w/extended vanity bath. The room you are sure to love & spend many happy hours in is the 31 x10 sunroom w/tile floors layed on the diagonal, dbl fans, & wall of windows w/center sliding door to balcony. 2 car gar, elevator. BQuick!

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,905

Year Built

  • Built in 1986

Lot Details

  • 3,049

Parking

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

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,655 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • High Ceiling
  • Living Room with Fireplace
  • Home Office
  • Washer Hookup

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Utilities

  • Central Heating and Cooling System

Community Details

  • Lancaster Square Condominium 1St Amend Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 057009 B00008

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,905

Year Built

Built in 1986

Lot Details

3,049 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Flat Condo
  • Architectural Style: Traditional
  • Year Built: 1986
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Elevator, Walk-In Closet(s), High Ceilings, Built-in Features
  • Appliances: Dishwasher, Disposal, Microwave, Double Oven
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 2655
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Assigned, Circular Driveway
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup

Condo/Co-op/Association

  • Common Interest: Condominium
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size: 0.07
  • Lot Size Units: Acres
  • Parcel #: 057009 B00008
  • Property Attached Yn: Yes

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4905
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2019
Closed on
Jun 21, 2019
Sold by
Gaering Eugene C and Gaering Mary Louise
Bought by
Howell Walter B and Howell Nancy
List Price
$349,500
Sold Price
$355,000
Premium/Discount to List
$5,500
1.57%
Current Estimated Value
$442,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,810
Avg. Annual Appreciation
3.32%

Purchase Details

Listed on
Jun 30, 2017
Closed on
Jun 30, 2017
Sold by
Olim Enta Cove
Bought by
Gaerig Eugene C and Gaerig Mary Louise
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
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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
01/14/2026 01/14/26 For Sale $339,900 -4.3% $128 / Sq Ft
06/21/2019 06/21/19 Sold $355,000 +1.6% $134 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $349,500 +26.3% $132 / Sq Ft
06/30/2017 06/30/17 Sold $276,630 0.0% $104 / Sq Ft View Prior Sale
06/30/2017 06/30/17 Sold $276,630 -18.6% $106 / Sq Ft View Prior Sale
06/30/2017 06/30/17 Pending -- -- --
06/03/2017 06/03/17 Pending -- -- --
05/26/2016 05/26/16 For Sale $339,900 -- $131 / Sq Ft
Source: Realtracs

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

  • Judy McLellan

    Seller's Agent in 2017

    Judy McLellan

    Crye-Leike, Inc., REALTORS

    (901) 277-5839

    31 in this area

    349 Total Sales

    Judy McLellan
    Section Image

  • M

    Seller Co-Listing Agent in 2017

    Mickey McLellan

    Crye-Leike, Inc., REALTORS

    (901) 277-5840

    23 in this area

    221 Total Sales

    Mickey McLellan
    Section Image

  • F

    Buyer's Agent in 2017

    Faith Kaye

    Ware Jones, REALTORS

    Section Image
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Map

Source: Realtracs

MLS Number: 3162079

Realtracs

APN: 05-7009-B0-0008

Tennessee Shelby County Memphis 38117 East Memphis

324 Lancaster Square Unit 2, Memphis, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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