NOT LISTED FOR SALE

4611 Mount Gillespie Dr Lakeland, TN 38002

Estimated Value: $630,000 - $794,000

4 Beds
4.5 Baths
3,800-3,999 Sq Ft
$172/Sq Ft Est. Value

Last Sold June 13, 2014

Last sale price $440,000 $110 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,028/month

Highlights

  • Heated In Ground Pool
  • Landscaped Professionally
  • Clubhouse
  • Lakeland Elementary School Rated A
  • Community Lake
  • Vaulted Ceiling

About This Home

As of June 2014

Check Out the enclosed to see this beautifully built, handsome home with many, many features. The backyard is unbelievable - why go on vacation when it's out back.

Last Agent to Sell the Property

KC Lam

Cordova Realty, Inc. License #253150 Listed on: 04/18/2014

Last Buyer's Agent

Cat Wright

The Firm License #327605

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,292

Year Built

  • Built in 2005

Lot Details

  • 0.49 Acre Lot
  • Brick Fence
  • Landscaped Professionally
  • Corner Lot
  • Level Lot
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,800-3,999 Sq Ft Home
  • 4,003 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Loft
  • Bonus Room
  • Play Room
  • Laundry Room
  • Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Burglar Security System
  • Termite Clearance

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Pool

  • Heated In Ground Pool
  • Spa
  • Pool Equipment or Cover

Outdoor Features

  • Covered Patio or Porch
  • Gazebo

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number L0150K B00054

Community Details

Overview

  • Oakwood Ph 3 Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,292

Year Built

Built in 2005

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MLS Map #: 832A
  • MAAR Subdivision Name: OAKWOOD PH3
  • List Price Per Sq Ft: 124
  • Number Of Stories: 2
  • Price Per Sq Ft: 109.92
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4003
  • Termite Contract: Yes
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 3800-3999
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Floors/Ceilings: Smooth Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Great Room, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Walk-In Attic
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Play Room, Bonus Room, Entry Hall, Loft/Balcony
  • Total Bathrooms: 4.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Half Bath, Vaulted/Coffered Ceiling, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Pool Cleaning Equipment, Pool Heater, Covered Patio, Gazebo, Hot Tub, Nbrhd Recreation Facility
  • Exterior Windows: Brick Veneer, Wood/Composition, Stone, Wood Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Circular Drive, More than 3 Coverd Spaces, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems
  • Heating: Central, 3 or More Systems
  • Security: Burglar Alarm
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 360
  • Neighborhood Amenities: Club House, Lake, Pool
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Corner, Professionally Landscaped, Brick/Iron Fenced
  • Lot Number: 164
  • Acreage: 0.49
  • Lot Size: 51.31 X 152.10 IRR
  • Price Per Acre: 1010204

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: L0150K B00054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2014
Closed on
Jun 13, 2014
Sold by
The Financial Planning Group Of Memphis
Bought by
Gallagher Sean E and Gallagher Terri L
Seller's Agent
KC Lam
Cordova Realty, Inc.
Buyer's Agent
Cat Wright
The Firm
List Price
$495,000
Sold Price
$440,000
Premium/Discount to List
-$55,000
-11.11%
Current Estimated Value
$688,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,603
Avg. Annual Appreciation
4.02%
Original Mortgage
$417,000
Outstanding Balance
$319,078
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$369,525

Purchase Details

Listed on
Apr 18, 2014
Closed on
Apr 21, 2014
Sold by
Sharif Mohamed I and Khalil Hayat H
Bought by
Financial Planning Group Memphis Inc
Seller's Agent
KC Lam
Cordova Realty, Inc.
Buyer's Agent
Cat Wright
The Firm
List Price
$495,000
Sold Price
$440,000
Premium/Discount to List
-$55,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$319,078
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$369,525

Purchase Details

Closed on
Jun 16, 2009
Sold by
Fortner Timothy Glenn and Fortner Debbie Dee
Bought by
Sharif Mohamed I and Khalil Hayat H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2005
Sold by
Kenny Cook Construction Co Inc
Bought by
Fortner Timothy Glenn and Fortner Debbie Dee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,800
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
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
Gallagher Sean E $440,000 Home Surety Title And Escrow
Financial Planning Group Memphis Inc $332,500 None Available
Sharif Mohamed I $515,000 None Available
Fortner Timothy Glenn $386,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Sean E $417,000
Previous Owner Sharif Mohamed I $423,000
Previous Owner Fortner Timothy Glenn $308,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2014 06/13/14 Sold $440,000 -11.1% $116 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $495,000 -- $130 / 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 $4,292 $163,250 $33,825 $129,425
2024 $4,292 $126,600 $27,175 $99,425
2023 $4,292 $126,600 $27,175 $99,425
2022 $4,292 $126,600 $27,175 $99,425
2021 $4,368 $126,600 $27,175 $99,425
2020 $4,627 $114,250 $24,000 $90,250
2019 $4,627 $114,250 $24,000 $90,250
2018 $6,055 $114,250 $24,000 $90,250
2017 $6,124 $114,250 $24,000 $90,250
2016 $5,186 $89,875 $0 $0
2014 $3,928 $89,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    KC Lam

    Cordova Realty, Inc.

    (901) 685-2828

    11 in this area

    133 Total Sales

    KC Lam
    Section Image
  • Cat Wright

    Buyer's Agent in 2014

    Cat Wright

    The Firm

    (901) 494-7450

    54 in this area

    123 Total Sales

    Cat Wright
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9924393

Memphis Area Association of REALTORS®

APN: L0-150K-B0-0054

Tennessee Shelby County Lakeland 38002

4611 Mount Gillespie Dr, Lakeland, TN

This home is located at 4611 Mount Gillespie Dr, Lakeland, TN 38002 since 18 April 2014 and is currently estimated at $688,603, approximately $172 per square foot. This property was built in 2005. 4611 Mount Gillespie Dr is a home located in Shelby County with nearby schools including Lakeland Elementary School, Lakeland Middle Preparatory School, and Arlington High School.

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