NOT LISTED FOR SALE

4221 Laurel Trace Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $212,000 - $239,000

3 Beds
2.5 Baths
1,800-1,999 Sq Ft
$112/Sq Ft Est. Value

Last Sold October 16, 2013

Last sale price $53,500 $27 Per Sq Ft

Est. 320% increase in value since last sale

Current estimated payment $1,290/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Main Floor Primary Bedroom
  • Separate Formal Living Room
  • Patio

About This Home

As of October 2013

This is a beautiful home!! It has a very large family room, large bedrooms, an eat-in kitchen and so much more!!! Great deal for a great home! Come see it today!!

Last Agent to Sell the Property

Rita Driver

All Stars Realty License #251275 Listed on: 09/13/2013

Last Buyer's Agent

Jim Reedy

Reedy & Company, REALTORS License #15602

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,241

Year Built

  • Built in 1997

Lot Details

  • 0.31 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,988 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Separate Formal Living Room

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Laurel Hills Section B Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0147I E00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,241

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 732D
  • MAAR Subdivision Name: LAUREL HILL SEC B
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 26.91
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1988
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 30
  • Acreage: 0.31
  • Lot Size: 13408 SF .31 AC 73 X 143

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: D0147I E00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2013
Closed on
Sep 27, 2013
Sold by
Bltrejv3 Memphis Llc
Bought by
The Secretary Of Veterans Affairs
Seller's Agent
Rita Driver
All Stars Realty
Buyer's Agent
Jim Reedy
Reedy & Company, REALTORS
List Price
$48,000
Sold Price
$53,500
Premium/Discount to List
$5,500
11.46%
Current Estimated Value
$224,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,274
Avg. Annual Appreciation
12.52%

Purchase Details

Closed on
May 6, 2013
Sold by
Bell Jerome W and Bell Shirley A
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Oct 12, 1998
Sold by
Bell Jerome W
Bought by
Bell Jerome W and Bell Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,810
Interest Rate
6.76%
Mortgage Type
VA

Purchase Details

Closed on
Feb 28, 1997
Sold by
Bowden Building Corp
Bought by
Bell Jerome W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
7.87%
Mortgage Type
VA

Purchase Details

Closed on
Nov 8, 1996
Sold by
Laurel Hills Development Inc
Bought by
Bowden Building Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,200
Interest Rate
8.13%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
The Secretary Of Veterans Affairs $53,500 None Available
Secretary Of Veterans Affairs $70,504 None Available
Bell Jerome W -- Transcontinental Title Compa
Bell Jerome W $106,500 Southern Escrow Title Compan
Bowden Building Corp $22,500 Southern Escrow Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bell Jerome W $112,810
Previous Owner Bell Jerome W $106,500
Previous Owner Bowden Building Corp $85,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2013 10/16/13 Sold $53,500 +11.5% $30 / Sq Ft
09/17/2013 09/17/13 Pending -- -- --
09/13/2013 09/13/13 For Sale $48,000 -- $27 / 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 $1,241 $52,925 $6,500 $46,425
2024 $1,241 $36,600 $5,625 $30,975
2023 $1,241 $36,600 $5,625 $30,975
2022 $1,241 $36,600 $5,625 $30,975
2021 $1,263 $36,600 $5,625 $30,975
2020 $1,120 $27,650 $5,625 $22,025
2019 $1,120 $27,650 $5,625 $22,025
2018 $1,120 $27,650 $5,625 $22,025
2017 $1,136 $27,650 $5,625 $22,025
2016 $1,188 $27,175 $0 $0
2014 $1,257 $28,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rita Driver

    Seller's Agent in 2013

    Rita Driver

    All Stars Realty

    (901) 674-7653

    2 in this area

    38 Total Sales

    Rita Driver
    Section Image
  • Jim Reedy

    Buyer's Agent in 2013

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    29 in this area

    421 Total Sales

    Jim Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3281141

Memphis Area Association of REALTORS®

APN: D0-147I-E0-0015

Tennessee Shelby County Memphis 38128 Raleigh

4221 Laurel Trace, Memphis, TN

This home is located at 4221 Laurel Trace, Memphis, TN 38128 since 13 September 2013 and is currently estimated at $224,774, approximately $112 per square foot. This property was built in 1997. 4221 Laurel Trace is a home located in Shelby County with nearby schools including Lucy Elementary School, Woodstock Middle School, and Bolton High School.

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