NOT LISTED FOR SALE

3575 Lanette Rd Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $73,000 - $120,000

4 Beds
2 Baths
1,000-1,199 Sq Ft
$80/Sq Ft Est. Value

Last Sold July 11, 2018

Last sale price $25,000 $21 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $564/month

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Dining Room
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of July 2018

SHORTSALE

Last Agent to Sell the Property

Sonja Hester

Progressive Realty Services License #297753 Listed on: 12/14/2017

Last Buyer's Agent

Sonja Hester

Progressive Realty Services License #297753 Listed on: 12/14/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $719

Year Built

  • Built in 1957

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,209 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Dr J E Walker Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075085 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$719

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 762B
  • MAAR Subdivision Name: J E WALKER HOMES
  • List Price Per Sq Ft: 23
  • Number Of Stories: 1
  • Price Per Sq Ft: 20.68
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1209
  • Year Built: 1957
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 2

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 182
  • Acreage: 0.16
  • Lot Size: 48x127/0.16
  • Price Per Acre: 175000

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 075085 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2018
Sold by
Mid South Homebuyers Inc
Bought by
Osorio Ernesto and Osorio Dalia
Current Estimated Value
$95,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,800
Outstanding Balance
$30,660
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$65,323

Purchase Details

Closed on
Nov 6, 2018
Sold by
Goodman Alma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,800
Outstanding Balance
$30,660
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$65,323

Purchase Details

Listed on
Dec 14, 2017
Closed on
Jul 11, 2018
Sold by
Goodman Michael and Goodman Bruce
Bought by
Mid South Home Buyers Inc
Seller's Agent
Sonja Hester
Progressive Realty Services
Buyer's Agent
Sonja Hester
Progressive Realty Services
List Price
$30,000
Sold Price
$25,000
Premium/Discount to List
-$5,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.24%

Purchase Details

Closed on
Jan 29, 2004
Sold by
Goodman Alma Jean
Bought by
Goodman Alma Jean and Goodman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
5.85%
Mortgage Type
New Conventional
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
Osorio Ernesto $71,000 Saddle Creek Title Llc
-- -- --
Mid South Home Buyers Inc $25,000 Multiple
Goodman Alma Jean -- Accurate Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osorio Ernesto $34,800
Closed -- --
Previous Owner Goodman Alma Jean $52,200
Closed Mid South Home Buyers Inc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2018 07/11/18 Sold $25,000 -16.7% $25 / Sq Ft
12/14/2017 12/14/17 For Sale $30,000 -- $30 / 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 $719 $27,900 $1,725 $26,175
2024 $719 $21,200 $1,250 $19,950
2023 $1,291 $21,200 $1,250 $19,950
2022 $1,291 $21,200 $1,250 $19,950
2021 $731 $21,200 $1,250 $19,950
2020 $853 $11,775 $1,250 $10,525
2019 $376 $11,775 $1,250 $10,525
2018 $241 $7,550 $1,250 $6,300
2017 $247 $7,550 $1,250 $6,300
2016 $351 $8,025 $0 $0
2014 $351 $8,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sonja Hester

    Progressive Realty Services

    (901) 301-7291

    3 in this area

    17 Total Sales

    Sonja Hester
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10017160

Memphis Area Association of REALTORS®

APN: 07-5085-0-0021

Tennessee Shelby County Memphis 38109 Westwood

3575 Lanette Rd, Memphis, TN

This home is located at 3575 Lanette Rd, Memphis, TN 38109 since 14 December 2017 and is currently estimated at $95,983, approximately $80 per square foot. This property was built in 1957. 3575 Lanette Rd is a home located in Shelby County with nearby schools including Ford Road Elementary School, Chickasaw Middle School, and Mitchell High School.

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