4041 N Lake Forest Dr Memphis, TN 38128
Raleigh NeighborhoodEstimated Value: $243,000 - $326,000
4
Beds
4
Baths
3,341
Sq Ft
$85/Sq Ft
Est. Value
About This Home
This home is located at 4041 N Lake Forest Dr, Memphis, TN 38128 and is currently estimated at $284,224, approximately $85 per square foot. 4041 N Lake Forest Dr is a home located in Shelby County with nearby schools including Scenic Hills Elementary School, Raleigh Egypt High School, and Coleman School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 14, 2013
Sold by
Jones Julie M
Bought by
Jones Cedric G
Current Estimated Value
Purchase Details
Closed on
Mar 28, 2006
Sold by
National City Bank Of Indiana
Bought by
Jones Cedric G and Jones Julie M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,850
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 9, 2005
Sold by
Yarbrough Julia Redd and Yarbrough Michael L
Bought by
National City Bank Of Indiana
Purchase Details
Closed on
Jun 21, 2002
Sold by
Grandberry Julia and Yarbrough Michael
Bought by
Grandberry Mckinley and Grandberry Julia
Purchase Details
Closed on
Aug 9, 2001
Sold by
Gilbreath Ronnie M and Gilbreath Susan B
Bought by
Redd Yarbrough Julia and Yarbrough Michael L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
9.87%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jones Cedric G | -- | None Available | |
| Jones Cedric G | $183,000 | Associates Closing & Title H | |
| National City Bank Of Indiana | $165,290 | -- | |
| Grandberry Mckinley | -- | Equity Title & Escrow Co | |
| Redd Yarbrough Julia | $210,000 | Equity Title & Escrow Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Jones Cedric G | $173,850 | |
| Previous Owner | Redd Yarbrough Julia | $168,000 | |
| Closed | Redd Yarbrough Julia | $42,000 |
Source: Public Records
Tax History Compared to Growth
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 | $1,710 | $68,050 | $6,625 | $61,425 |
| 2024 | $1,710 | $50,450 | $6,200 | $44,250 |
| 2023 | $3,073 | $50,450 | $6,200 | $44,250 |
| 2022 | $3,073 | $50,450 | $6,200 | $44,250 |
| 2021 | $3,109 | $50,450 | $6,200 | $44,250 |
| 2020 | $2,636 | $36,375 | $6,200 | $30,175 |
| 2019 | $2,636 | $36,375 | $6,200 | $30,175 |
| 2018 | $2,636 | $36,375 | $6,200 | $30,175 |
| 2017 | $1,495 | $36,375 | $6,200 | $30,175 |
| 2016 | $1,409 | $32,250 | $0 | $0 |
| 2014 | $1,409 | $32,250 | $0 | $0 |
Source: Public Records
Map
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