NOT LISTED FOR SALE

4695 Queens Lace Ct Unit 51 Memphis, TN 38118

Oakhaven Neighborhood

Estimated Value: $56,000 - $321,000

2 Beds
1.5 Baths
1,200-1,399 Sq Ft
13 Acres

Last Sold April 03, 2018

Last sale price $13,000 $9 Per Sq Ft

Est. 1,267% increase in value since last sale

Current estimated payment $993/month

12 Days on Market

Highlights

  • 13.11 Acre Lot
  • Eat-In Kitchen
  • Living Room
  • End Unit
  • Patio
  • Community Playground

About This Home

As of April 2018

2 bed 1.5 bath condo, kitchen, laundry downstairs, 2 bedroom upstairs; Property is Owned by US Dept. of HUD; case# 482-298155; IE (Insured Escrow) subject to appraisal, Seller makes no representations or warranties as to the property condition. HUD homes are sold "as is" Pre-1978 Properties to include LBP Notices, Equal Housing Opportunity, Seller may contribute up to 3% for buyer closing cost upon buyer request

Last Agent to Sell the Property

Ed Engelke

United Real Estate Mid South License #309830 Listed on: 02/01/2018

United Real Estate Mid South

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $234

Year Built

  • Built in 1974

Lot Details

  • 13

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,149 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Laundry Room

Kitchen

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

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 073111 D00052

Community Details

Overview

  • Property has a Home Owners Association
  • $150 Maintenance Fee
  • Association fees include management fees
  • Shelby Meadows Condo Community
  • First Amend To Shelby Meadows Condos Inc Subdivision
  • Property managed by Broadmoore

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$234

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Attached Unit Type: End Unit
  • MLS Map #: 773D
  • MAAR Subdivision Name: FIRST AMEND TO SHELBY MEADOWS CONDOS INC
  • Condo: Yes
  • List Price Per Sq Ft: 10
  • Number Of Stories: 2
  • Price Per Sq Ft: 11.31
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1149
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 2, Carpet
  • Bedrooms: 2
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Eat-In Kitchen
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 2, Carpet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Vinyl Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Association/Amenities

  • Condo Amenities: Playground
  • Condo Fees Include: Management Fees
  • Condominium Association: Yes
  • Condominium Name: Shelby Meadows Condo
  • Management Company: Broadmoore

Fee Information

  • Monthly Maintenance Fee: 150

Lot Info

  • Lot Number: UNIT 51
  • Acreage: 13.11
  • Lot Size: .11
  • Price Per Acre: 839

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 073111 D00052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 29, 2018
Sold by
Catro Julian
Bought by
Love Jacki
Seller's Agent
Ed Engelke
United Real Estate Mid South
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$11,000
Sold Price
$13,000
Premium/Discount to List
$2,000
18.18%
Current Estimated Value
$177,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,730
Avg. Annual Appreciation
43.94%

Purchase Details

Closed on
Apr 14, 2015
Sold by
Principal Residential Mortgage Inc
Bought by
Secretary Of Hud

Purchase Details

Closed on
Apr 18, 2014
Sold by
Secretary Of Hud
Bought by
Citimortgage Inc

Purchase Details

Closed on
Oct 25, 2013
Sold by
Ashmore Therrone C
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Jun 20, 2013
Sold by
Ashmore Therrone C
Bought by
Shelby Meadows Condominiums Inc

Purchase Details

Closed on
Mar 7, 1997
Sold by
Ward Cassandra L and Ward Allan Ronell
Bought by
Ashmore Therrone C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
7.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 1994
Bought by
Brown Cassandra L
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
Love Jacki $175,200 None Available
Secretary Of Hud -- None Available
Citimortgage Inc -- None Available
The Secretary Of Hud $38,661 None Available
Shelby Meadows Condominiums Inc $5,053 None Available
Ashmore Therrone C $32,500 Assurance Title & Escrow
Brown Cassandra L $23,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ashmore Therrone C $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2018 04/03/18 Sold $13,000 +18.2% $11 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $11,000 -- $9 / 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 $234 $11,225 $1,250 $9,975
2024 $234 $6,900 $1,250 $5,650
2023 $420 $6,900 $1,250 $5,650
2022 $420 $6,900 $1,250 $5,650
2021 $425 $6,900 $1,250 $5,650
2020 $377 $5,200 $1,250 $3,950
2019 $377 $5,200 $1,250 $3,950
2018 $377 $5,200 $1,250 $3,950
2017 $214 $5,200 $1,250 $3,950
2016 $257 $5,875 $0 $0
2014 $257 $5,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10019576

Memphis Area Association of REALTORS®

APN: 07-3111-D0-0052