NOT LISTED FOR SALE

498 E Racquet Club Place Unit 498 Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $376,463 - $478,000

2 Beds
2.5 Baths
2,200-2,399 Sq Ft
$170/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $345,000 $144 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,383/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Separate Formal Living Room
  • White Station High Rated A
  • 1 Fireplace
  • Great Room

About This Home

As of October 2020

Smart looking renovated gated townhome located close to everything! This beautiful home has new flooring, new granite and kitchen cabinets, new carpet up, and new master bathroom cabinets, countertops, and custom designed huge walk in closet. The home has 2 atriums for outdoor living which provide great natural light. Also has backload 2 car garage.

Last Agent to Sell the Property

Laurie McBride Connors

Ware Jones, REALTORS License #300141 Listed on: 09/21/2020

Ware Jones, REALTORS

Last Buyer's Agent

Mary Frances Pitts

Ware Jones, REALTORS License #16607

Ware Jones, REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,898

Year Built

  • Built in 1984

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 24x135
  • Zero Lot Line

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,346 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Great Room
  • Separate Formal Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • En-Suite Bathroom

Parking

  • 2 Car Garage
  • Rear-Facing Garage

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $200 Maintenance Fee
  • Racquet Club Plaza Subdivision
  • Property managed by keith Collins
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 056033 B00006

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,898

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • MAAR Subdivision Name: RACQUET CLUB PLAZA
  • Condo: Yes
  • List Price Per Sq Ft: 147
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 2346
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Private Full Bath
  • Bedrooms: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Great Room
  • Master Bedroom: Full Bath
  • Master Bedroom Dimensions: 20x25
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood Window(s)
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Back-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water

Association/Amenities

  • Condominium Association: Yes
  • Management Company: keith Collins

Fee Information

  • Monthly Maintenance Fee: 200

Lot Info

  • Lot Number: 6*
  • Acreage: 0.07
  • Lot Size: 24X135
  • Zero Lot Line: Yes

Tax Info

  • Assessor Parcel Number: 056033 B00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Oct 29, 2020
Sold by
Lightman James A
Bought by
Robison Evan M and Robison Leslie
Seller's Agent
Laurie McBride Connors
Ware Jones, REALTORS
Buyer's Agent
Mary Frances Pitts
Ware Jones, REALTORS
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$408,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,116
Avg. Annual Appreciation
3.42%
Original Mortgage
$276,000
Outstanding Balance
$245,601
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$162,515

Purchase Details

Listed on
Sep 27, 2016
Closed on
Jan 20, 2017
Sold by
Laughlin Mary
Bought by
Lightman James A
List Price
$264,900
Sold Price
$234,000
Premium/Discount to List
-$30,900
-11.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$222,300
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 2002
Sold by
Harris Melville F
Bought by
Laughlin Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.12%

Purchase Details

Closed on
Sep 23, 1999
Sold by
Greve Laura G
Bought by
Harris Melville F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
6.87%

Purchase Details

Closed on
Feb 13, 1998
Sold by
Bruce Thompson
Bought by
Greve Laura G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
6.5%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Robison Evan M $345,000 Executive Ttl & Closing Inc
Lightman James A $234,000 None Available
Laughlin Mary $245,000 --
Harris Melville F $224,000 --
Greve Laura G $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robison Evan M $276,000
Previous Owner Lightman James A $222,300
Previous Owner Laughlin Mary $196,000
Previous Owner Harris Melville F $179,200
Previous Owner Greve Laura G $182,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2020 10/29/20 Sold $345,000 0.0% $157 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $345,000 +47.4% $157 / Sq Ft
01/23/2017 01/23/17 Sold $234,000 -11.7% $100 / Sq Ft View Prior Sale
01/23/2017 01/23/17 Pending -- -- --
09/27/2016 09/27/16 For Sale $264,900 -- $113 / 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 $2,898 $95,750 $15,625 $80,125
2024 $2,898 $85,500 $15,625 $69,875
2023 $5,208 $85,500 $15,625 $69,875
2022 $5,208 $85,500 $15,625 $69,875
2021 $5,269 $85,500 $15,625 $69,875
2020 $4,239 $58,500 $15,625 $42,875
2019 $1,870 $58,500 $15,625 $42,875
2018 $1,870 $58,500 $15,625 $42,875
2017 $1,914 $58,500 $15,625 $42,875
2016 $2,395 $54,800 $0 $0
2014 $2,395 $54,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laurie McBride Connors

    Seller's Agent in 2020

    Laurie McBride Connors

    Ware Jones, REALTORS

    (901) 355-4020

    22 in this area

    146 Total Sales

    Laurie McBride Connors
    Section Image

  • M

    Buyer's Agent in 2020

    Mary Frances Pitts

    Ware Jones, REALTORS

    (901) 450-4011

    5 in this area

    24 Total Sales

    Mary Frances Pitts
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10085373

Memphis Area Association of REALTORS®

APN: 05-6033-B0-0006

Tennessee Shelby County Memphis 38117 Audubon Park

498 E Racquet Club Place Unit 498, Memphis, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes