NOT LISTED FOR SALE

3788 Sail Boat Ln Lakeland, TN 38002

Estimated Value: $772,000 - $924,000

5 Beds
3 Baths
4,000-4,499 Sq Ft
$186/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $383,766 $85 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $4,710/month

Highlights

  • Waterfront
  • Landscaped Professionally
  • Den with Fireplace
  • Lakeland Elementary School Rated A
  • Community Lake
  • Traditional Architecture

About This Home

As of February 2014

Beautiful LAKEFRONT property! Home features water access right out the back yard. With 4000 + feet, stainless steel appliances, smooth ceilings, lots of hdwd floors, granite tops, 2 fireplaces, covered patio, 2nd floor balcony w/ Great view of Lake.

Last Agent to Sell the Property

Dustin Holmes

Welch Realty, LLC License #303769 Listed on: 04/25/2013

Co-Listed By

Stan Holmes

Welch Realty, LLC License #247567

Last Buyer's Agent

Lauren Criswell

Crye-Leike, Inc., REALTORS License #251248

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,239

Year Built

  • Built in 2004

Lot Details

  • 0.38 Acre Lot
  • Waterfront
  • Landscaped Professionally

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 4,148 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Aluminum Window Frames
  • Two Story Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Loft
  • Play Room
  • Keeping Room
  • Water Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Water Access
  • Covered Patio or Porch

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Windward Slopes Phase 2 Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number L0159V B00057

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,239

Year Built

Built in 2004

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 832A
  • MAAR Subdivision Name: WINDWARD SLOPES PH2
  • Freestanding: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 92.52
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4148
  • Year Built: 2004
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace, Vented Gas Fireplace, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 3
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections, Keeping/Hearth Room
  • Misc Interior: Walk-In Closet(s), Walk-In Attic, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Play Room, Entry Hall, Loft/Balcony
  • Total Bathrooms: 3
  • 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, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Porch, Patio, Covered Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Stone, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 480
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Water Frontage, Water View, Water Access, Professionally Landscaped
  • Lot Number: 133
  • Acreage: 0.38
  • Keeping Hearth Dimension: 17x12
  • Lot Size: 115.44 X 193.08 (IRR)

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: L0159V B00057

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2013
Closed on
Feb 13, 2014
Sold by
Holmes Betty A
Bought by
Mccaleb Laurie B
Seller's Agent
Dustin Holmes
Welch Realty, LLC
Buyer's Agent
Lauren Criswell
Crye-Leike, Inc., REALTORS
List Price
$499,900
Sold Price
$383,766
Premium/Discount to List
-$116,134
-23.23%
Current Estimated Value
$838,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,217
Avg. Annual Appreciation
6.91%
Original Mortgage
$307,012
Outstanding Balance
$233,871
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$605,112

Purchase Details

Closed on
Sep 24, 2007
Sold by
Holmes Donald R
Bought by
Holmes Betty A

Purchase Details

Closed on
May 31, 2005
Sold by
Genesis Homes Llc
Bought by
Holmes Donald R and Holmes Betty A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mccaleb Laurie B $383,766 Realty Title & Escrow Co Inc
Holmes Betty A -- None Available
Holmes Donald R $490,000 Edco Title & Closing Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccaleb Laurie B $307,012
Previous Owner Holmes Donald R $392,000
Closed Holmes Donald R $73,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2014 02/14/14 Sold $383,766 -23.2% $96 / Sq Ft
01/22/2014 01/22/14 Pending -- -- --
04/25/2013 04/25/13 For Sale $499,900 -- $125 / 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 $3,239 $209,325 $59,100 $150,225
2024 $9,228 $136,100 $34,500 $101,600
2023 $4,614 $136,100 $34,500 $101,600
2022 $4,614 $136,100 $34,500 $101,600
2021 $4,695 $136,100 $34,500 $101,600
2020 $4,579 $113,050 $34,500 $78,550
2019 $4,579 $113,050 $34,500 $78,550
2018 $5,992 $113,050 $34,500 $78,550
2017 $6,059 $113,050 $34,500 $78,550
2016 $6,250 $108,325 $0 $0
2014 $4,734 $108,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dustin Holmes

    Seller's Agent in 2014

    Dustin Holmes

    Welch Realty, LLC

    (901) 461-7131

    56 Total Sales

    Dustin Holmes
    Section Image
  • Stan Holmes

    Seller Co-Listing Agent in 2014

    Stan Holmes

    Welch Realty, LLC

    (901) 854-5050

    1 in this area

    48 Total Sales

    Stan Holmes
    Section Image
  • Lauren Criswell

    Buyer's Agent in 2014

    Lauren Criswell

    Crye-Leike

    (901) 553-7647

    20 in this area

    137 Total Sales

    Lauren Criswell
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3270252

Memphis Area Association of REALTORS®

APN: L0-159V-B0-0057

Tennessee Shelby County Lakeland 38002

3788 Sail Boat Ln, Lakeland, TN

This home is located at 3788 Sail Boat Ln, Lakeland, TN 38002 since 25 April 2013 and is currently estimated at $838,983, approximately $186 per square foot. This property was built in 2004. 3788 Sail Boat Ln is a home located in Shelby County with nearby schools including Lakeland Elementary School, Lakeland Middle Preparatory School, and Arlington High School.

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