NOT LISTED FOR SALE

4488 Lancelot Dream Cove Memphis, TN 38135

Estimated Value: $463,000 - $512,000

5 Beds
4 Baths
3,600-3,799 Sq Ft
$127/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $450,000 $118 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,859/month

2 Days on Market

Highlights

  • In Ground Pool
  • Landscaped Professionally
  • French Architecture
  • Rivercrest Elementary School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of December 2021

Fall in love with this beautifully well-maintained home. Relax in the backyard Oasis, which includes an in ground pool, covered patio, and professional landscaping. Enjoy the huge kitchen that opens to the hearth room and back patio, perfect for entertaining. In-law or college student suite upstairs, includes bedroom, full bath and bonus room.

Last Agent to Sell the Property

Rachel Gordon

Crye-Leike, Inc., REALTORS License #352986 Listed on: 11/12/2021

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Cedric Pate

Infinity Group REALTORS, Inc. License #280988

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,481

Year Built

  • Built in 2004

Lot Details

  • 0.34 Acre Lot
  • Wood Fence
  • Landscaped Professionally

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • French Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,600-3,799 Sq Ft Home
  • 3,700 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Some Wood Windows
  • Two Story Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den
  • Loft
  • Bonus Room
  • Keeping Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Home Security

  • Storm Doors
  • Termite Clearance

Parking

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

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Gazebo

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Castle Ridge South Pd Phase 1 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number B0148N F00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,481

Year Built

Built in 2004

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: French
  • Detached Unit Type: General Residential
  • MLS Map #: 852A
  • MAAR Subdivision Name: CASTLE RIDGE SOUTH PH1
  • List Price Per Sq Ft: 111
  • Number Of Stories: 2
  • Price Per Sq Ft: 121.62
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3700
  • Termite Contract: Yes
  • Year Built: 2004
  • Special Features: None
  • 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, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Double Vanity Bath, Whirlpool(s)
  • Estimated Heated Sq Ft Range: 3600-3799
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedroom 5 Description: Level 2, Private Full Bath, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, Ventless Gas Fireplace, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Sprayed Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 4
  • Equipment: Range/Oven, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Pantry, Keeping/Hearth Room
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Loft/Balcony
  • Total Bathrooms: 4
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Vaulted/Coffered Ceiling, Carpet

Exterior Features

  • Misc Exterior: Patio, Covered Patio, Gazebo, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Storm Door(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 175
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Professionally Landscaped
  • Lot Number: 4
  • Acreage: 0.34
  • Keeping Hearth Dimension: 15x10
  • Lot Size: 75.79 X 139.97 (IRR)
  • Price Per Acre: 1205588

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: B0148N F00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Dec 16, 2021
Sold by
Black Jimmie and Black Tammie
Bought by
Jones Marlen M and Jones Ravyn
Seller's Agent
Rachel Gordon
Crye-Leike, Inc., REALTORS
Buyer's Agent
Cedric Pate
Infinity Group REALTORS, Inc.
List Price
$409,900
Sold Price
$450,000
Premium/Discount to List
$40,100
9.78%
Current Estimated Value
$484,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,088
Avg. Annual Appreciation
2.03%
Original Mortgage
$437,000
Outstanding Balance
$404,565
Interest Rate
2.98%
Mortgage Type
VA
Estimated Equity
$80,009

Purchase Details

Closed on
Mar 21, 2005
Sold by
Chamberlain & Mccreery Inc
Bought by
Black Jimmie W and Black Tammie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,900
Interest Rate
5.57%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Jones Marlen M $450,000 Memphis Title Company
Black Jimmie W $246,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Marlen M $437,000
Previous Owner Black Jimmie W $103,000
Previous Owner Black Jimmie W $227,325
Previous Owner Black Jimmie W $20,000
Previous Owner Black Jimmie W $246,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $450,000 +9.8% $125 / Sq Ft
11/12/2021 11/12/21 For Sale $409,900 -- $114 / 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 $2,481 $118,775 $19,925 $98,850
2024 $2,481 $73,175 $14,450 $58,725
2023 $3,747 $73,175 $14,450 $58,725
2022 $3,747 $73,175 $14,450 $58,725
2021 $3,805 $73,175 $14,450 $58,725
2020 $3,465 $58,925 $13,950 $44,975
2019 $1,078 $58,925 $13,950 $44,975
2018 $2,386 $58,925 $13,950 $44,975
2017 $3,500 $58,925 $13,950 $44,975
2016 $2,377 $54,400 $0 $0
2014 $2,377 $54,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rachel Gordon

    Seller's Agent in 2021

    Rachel Gordon

    Crye-Leike

    (901) 212-9798

    7 in this area

    10 Total Sales

    Rachel Gordon
    Section Image
  • Cedric Pate

    Buyer's Agent in 2021

    Cedric Pate

    Infinity Group REALTORS, Inc.

    (901) 834-7978

    5 in this area

    15 Total Sales

    Cedric Pate
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10112548

Memphis Area Association of REALTORS®

APN: B0-148N-F0-0004

Tennessee Shelby County Memphis 38135

4488 Lancelot Dream Cove, Memphis, TN

This home is located at 4488 Lancelot Dream Cove, Memphis, TN 38135 since 12 November 2021 and is currently estimated at $484,088, approximately $127 per square foot. This property was built in 2004. 4488 Lancelot Dream Cove is a home located in Shelby County with nearby schools including Rivercrest Elementary School, Appling Middle School, and Bartlett High School.

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