NOT LISTED FOR SALE

Estimated Value: $994,000 - $1,187,000

4 Beds
6 Baths
4,000-4,499 Sq Ft
$242/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $1,150,000 $256 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,465/month

5 Days on Market

Highlights

  • Golf Course Community
  • Greenhouse
  • Updated Kitchen
  • White Station High Rated A
  • Home Theater
  • 0.73 Acre Lot

About This Home

As of July 2023

Historic Red Acres is home to this updated Mid-Century Modern work of art. Custom-blt for Julius Lewis & tucked amidst a cherished park-like setting that will have master gardeners drooling, the home retains much of the original 1950's charm & character while boasting an open plan w/3 BRs dn, updated chef's kitchen w/Viking 5-burner gas cktop & dbl ovens, 48" SubZero frig, updated MBA w/soaking tub, glass shower, & amazing w/i closet, 3BR dn/1 up, scrn porch, attached office or appt w/full bath.

Last Agent to Sell the Property

Judy McLellan

Crye-Leike, Inc., REALTORS License #16362 Listed on: 06/23/2023

Crye-Leike, Inc., REALTORS

Co-Listed By

Mickey McLellan

Crye-Leike, Inc., REALTORS License #202427

Last Buyer's Agent

Margaret Mikkelsen

Marx-Bensdorf, REALTORS License #355934

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,331

Year Built

  • Built in 1956

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 306x185
  • Dog Run
  • Wood Fence
  • Landscaped Professionally
  • Corner Lot
  • Sprinklers on Timer
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 4,472 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room with Fireplace
  • Play Room
  • Screened Porch
  • Storage Room
  • Laundry Room
  • Keeping Room
  • Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Powder Room
  • Bathtub With Separate Shower Stall

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Carport

Outdoor Features

  • Greenhouse
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 044116 00007

Community Details

Overview

  • Voluntary home owners association
  • Red Acres Blk Tri Subdivision

Recreation

  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,331

Year Built

Built in 1956

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • Cross Street: WALNUT GROVE
  • MLS Map #: 755F
  • MAAR Subdivision Name: RED ACRES
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 257.16
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4472
  • Termite Contract: Yes
  • Year Built: 1956
  • List Price/ Sq Ft: 268
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Office
  • Second Story Floor Plan: 4th or More Bedrooms, 1 Bath, Play Room/Rec Room, Media Room
  • Additional Bedroom Bathroom Info: Primary Down, Renovated Bathroom, Luxury Primary Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedroom 2 Description: Level 2, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Masonry, Vented Gas Fireplace, In Living Room, In Other Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Cedar Lined Closet(s), Walk-In Attic, Powder/Dressing Room, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Play Room, Entry Hall, Media Room, Attic, Storage Room
  • Total Bathrooms: 4.2
  • Primary Bathroom Description: 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, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Storage Building, Screen Porch, Greenhouse, Nbrhd Recreation Facility, Wooded Grounds, Well Landscaped Grounds, Wood Fence, Storage, Pet Area
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Storage Room(s)

Utilities

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

Association/Amenities

  • Annual Association Fee: 100
  • Neighborhood Amenities: Golf Course
  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Wooded, Corner, Professionally Landscaped, Wood Fenced
  • Lot Number: E PT 55
  • Acreage: 0.73
  • Lot Size: 306X185
  • Price Per Acre: 1643836

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: 044116 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Jul 24, 2023
Sold by
Sebasco Robin Paul and Yvonndia Marie
Bought by
Landisch Rachel M and Webb Travis P
Seller's Agent
Judy McLellan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Margaret Mikkelsen
Marx-Bensdorf, REALTORS
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Views
34
Current Estimated Value
$1,088,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,918
Avg. Annual Appreciation
-1.18%
Original Mortgage
$920,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jun 10, 2019
Sold by
Landrum Michael V and Pinson Eudalia Suzanne
Bought by
Sebasco Robin Paul and Sebasco Yvonndia Marie
Seller's Agent
Judy McLellan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Carol Lott
BHHS McLemore & Co., Realty
List Price
$775,000
Sold Price
$745,000
Premium/Discount to List
-$30,000
-3.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Original Mortgage
$484,350
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2012
Closed on
Jul 18, 2012
Sold by
Woodward Gwynne A
Bought by
Landrum Michael and Landrum Eudalia P
Seller's Agent
Laura Helms
Adaro Realty, Inc.
Buyer's Agent
Thomas Davis
Crye-Leike, Inc., REALTORS
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.91%
Original Mortgage
$417,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2007
Sold by
Woodward Gwynne A and Guinn Gary W
Bought by
Woodward Gwynne A

Purchase Details

Closed on
Nov 2, 1999
Sold by
Wedell Marsha M
Bought by
Guinn Gary W and Woodward Gwynne A
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
Landisch Rachel M $1,150,000 Realty Title & Escrow
Sebasco Robin Paul $745,000 Realty Title & Escrow Co
Landrum Michael $700,000 Mid South Title Services
Woodward Gwynne A -- None Available
Guinn Gary W $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Landisch Rachel M $920,000
Previous Owner Sebasco Robin Paul $484,350
Previous Owner Landrum Michael $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $1,150,000 -4.2% $288 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $1,200,000 +61.1% $300 / Sq Ft
06/10/2019 06/10/19 Sold $745,000 -3.9% $186 / Sq Ft
04/05/2019 04/05/19 For Sale $775,000 +10.7% $194 / Sq Ft
07/18/2012 07/18/12 Sold $700,000 -3.4% $175 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $725,000 -- $181 / 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 $6,331 $279,875 $81,800 $198,075
2024 $6,331 $186,750 $81,800 $104,950
2023 $11,376 $186,750 $81,800 $104,950
2022 $11,376 $186,750 $81,800 $104,950
2021 $11,510 $186,750 $81,800 $104,950
2020 $11,844 $163,450 $81,800 $81,650
2019 $5,224 $163,450 $81,800 $81,650
2018 $5,224 $163,450 $81,800 $81,650
2017 $5,347 $163,450 $81,800 $81,650
2016 $7,242 $165,725 $0 $0
2014 $7,242 $165,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10150788

Memphis Area Association of REALTORS®

APN: 04-4116-0-0007