NOT LISTED FOR SALE

4173 Cedar Point Rd Lakeland, TN 38002

Estimated Value: $442,000 - $578,000

4 Beds
3.5 Baths
3,000-3,199 Sq Ft
$159/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $343,000 $107 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,931/month

Highlights

  • Docks
  • Updated Kitchen
  • Community Lake
  • Lakeland Elementary School Rated A
  • Waterfront
  • Vaulted Ceiling

About This Home

As of November 2018

Great Home on Garner Lake in Lakeland. Award winning Schools! This home needs some work, but the Views from every room make it a must see! This home has a lot of potential to be flipped!

Last Agent to Sell the Property

Neal Duplantis

Crye-Leike, Inc., REALTORS License #346473 Listed on: 10/24/2018

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Jolynna Morales

Groome & Co. License #293097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,012

Year Built

  • Built in 1987

Lot Details

  • 0.31 Acre Lot
  • Waterfront

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 2,220 Sq Ft Home
  • 1.5-Story Property
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Fireplace With Glass Doors
  • Fireplace Features Masonry
  • Great Room
  • Den
  • Bonus Room
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Dressing Area
  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall
  • Window or Skylight in Bathroom

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Water Access
  • Docks

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Lakeland Estates 1St Addn Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number L0150 B00058

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,012

Year Built

Built in 1987

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: LAKELAND ESTATES 1ST ADD
  • List Price Per Sq Ft: 126
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2220
  • Year Built: 1987
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: Primary Down, Vaulted/Coffered Primary, Whirlpool(s), Separate Tub & Shower, Sky Light(s) in Bath, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 2, Shared Bath, Vaulted/Coffered Ceilings, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Vaulted/Coffered Ceilings, Carpet
  • Bedroom 4 Description: Basement, Shared Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Masonry, Glass Doors, Ash Cleanout
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Textured Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Cable Wired, Cable Available
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen, Breakfast Bar
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs, Sky Light(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Finished Basement
  • Primary Bathroom Description: Whirlpool Tub, Separate Shower, Dressing Area, Vaulted/Coffered Ceiling
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling

Exterior Features

  • Misc Exterior: Boat Dock
  • Exterior Windows: Brick Veneer
  • Foundation: Full Basement
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 250
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Water Frontage, Water View, Water Access
  • Lot Number: 121
  • Acreage: 0.31
  • Lot Size: 48.55/111.62X180.05/194.42

Tax Info

  • Assessor Parcel Number: L0150 B00058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2019
Sold by
Bush Peter and Bush Debbie
Bought by
Henderson Kenneth L and Henderson Bownie
Current Estimated Value
$507,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Outstanding Balance
$28,595
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$478,519

Purchase Details

Listed on
Oct 24, 2018
Closed on
Nov 29, 2018
Sold by
Bilbruck Timothy J
Bought by
Bush Peter and Bush Debbie
Seller's Agent
Neal Duplantis
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jolynna Morales
Groome & Co.
List Price
$280,000
Sold Price
$343,000
Premium/Discount to List
$63,000
22.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%

Purchase Details

Listed on
Jul 14, 2017
Closed on
Sep 28, 2017
Sold by
Armour Richard L and Armour Sue
Bought by
Bilbruck Timothy J
Seller's Agent
Rosemarie Yoon
Crye-Leike, Inc., REALTORS
Buyer's Agent
Nikki Mosteller
REMAX Experts
List Price
$420,000
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.89%
Original Mortgage
$427,662
Interest Rate
3.89%
Mortgage Type
VA

Purchase Details

Closed on
Jul 5, 1995
Bought by
Armour Richard L and Armour Sue
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
Henderson Kenneth L $346,682 Multiple
Bush Peter $343,000 Southern Trust Title Co
Bilbruck Timothy J $420,000 Realty Title
Armour Richard L $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henderson Kenneth L $70,000
Previous Owner Bilbruck Timothy J $427,662
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2018 11/30/18 Sold $343,000 +22.5% $114 / Sq Ft
10/24/2018 10/24/18 For Sale $280,000 -33.3% $93 / Sq Ft
09/28/2017 09/28/17 Sold $420,000 0.0% $140 / Sq Ft View Prior Sale
08/04/2017 08/04/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $420,000 -- $140 / 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 $3,012 $120,525 $30,625 $89,900
2024 $3,012 $88,850 $24,375 $64,475
2023 $3,012 $88,850 $24,375 $64,475
2022 $3,012 $88,850 $24,375 $64,475
2021 $4,709 $88,850 $24,375 $64,475
2020 $3,414 $84,300 $16,275 $68,025
2019 $3,414 $84,300 $16,275 $68,025
2018 $3,414 $84,300 $16,275 $68,025
2017 $3,196 $59,625 $16,275 $43,350
2016 $2,940 $50,950 $0 $0
2014 $2,227 $50,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10039395

Memphis Area Association of REALTORS®

APN: L0-150-B-00058