NOT LISTED FOR SALE

498 Laxton Ln Munford, TN 38058

Estimated Value: $350,262 - $385,000

3 Beds
3 Baths
2,200-2,399 Sq Ft
$153/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $335,000 $140 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,012/month

27 Days on Market

Highlights

  • 1.13 Acre Lot
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Munford Elementary School Rated A-
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of October 2023

3BR 3 BA home provides plenty of space inside & out for a large family! From the 15x12 Bonus Area & 16x14 Play Rm upstairs, both with closets, 9x9 Office, to the 1.13 acre lot, your family will have plenty of room to spread out. Greatroom has hardwood flooring & brick FP. Kitchen with lots of cabinets & large breakfast area. Primary suite joins spa bath with his/hers closets, whirlpool tub, separate shower & double vanities. New Carpet upstairs. 1 year home warranty for buyer.

Last Agent to Sell the Property

Wally Sisk

Crye-Leike, Inc., REALTORS License #260371 Listed on: 09/11/2023

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Courtney English

Collier REALTORS License #372724

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 1.13 Acre Lot
  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,345 Sq Ft Home
  • 1.5-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Breakfast Room
  • Den with Fireplace
  • Bonus Room
  • Play Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Fire and Smoke Detector
  • Termite Clearance
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Cherokee Hills Sec I Subdivision

Listing and Financial Details

  • Assessor Parcel Number 081N 096C A04700

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: CHEROKEE HILLS SEC I
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2345
  • Termite Contract: Yes
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 1 Bath, Play Room/Rec Room, Office, Bonus Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Prefabricated, Ventless Gas Fireplace, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Part Carpet, Tile, Textured Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Self Cleaning Oven, Dishwasher, Microwave, Cable Wired, Cable Available
  • Living Dining Kitchen: Great Room, Separate Breakfast Room, Pantry
  • Misc Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Pull Down Attic Stairs, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Play Room, Bonus Room, Office/Sewing Room, Attic
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath

Exterior Features

  • Misc Exterior: Porch, Patio, Chain Fence
  • Exterior Windows: Brick Veneer, Vinyl Siding, Double Pane Window(s), Steel Insulated Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Security: Smoke Detector(s)
  • Water Sewer: Gas Water Heater, Public Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 89
  • Acreage: 1.13
  • Lot Size: 1.13

Tax Info

  • Assessor Parcel Number: 081N 096C A04700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Oct 24, 2023
Sold by
Duncan Jody L and Duncan Michelle L
Bought by
Jones Kevin R and Riles Kelli E
Seller's Agent
Wally Sisk
Crye-Leike, Inc., REALTORS
Buyer's Agent
Courtney English
Collier REALTORS
List Price
$329,900
Sold Price
$335,000
Premium/Discount to List
$5,100
1.55%
Views
19
Current Estimated Value
$367,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,566
Avg. Annual Appreciation
4.21%
Original Mortgage
$328,932
Outstanding Balance
$321,938
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$45,628

Purchase Details

Closed on
Apr 24, 2003
Sold by
Jackson Vernon R
Bought by
Duncan Jody L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,893
Interest Rate
5.79%

Purchase Details

Closed on
Nov 19, 2002
Sold by
Maintenance Painting & Con
Bought by
Jackson Vernon R

Purchase Details

Closed on
Apr 1, 1994
Bought by
Maintenance Painting & Construction Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones Kevin R $335,000 None Listed On Document
Duncan Jody L $129,900 --
Jackson Vernon R $15,800 --
Maintenance Painting & Construction Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Kevin R $328,932
Previous Owner Maintenance Painting & Construction Inc $127,893
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2023 10/24/23 Sold $335,000 +1.5% $152 / Sq Ft
09/19/2023 09/19/23 For Sale $329,900 -- $150 / 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 $1,307 $85,875 $8,500 $77,375
2024 $1,307 $85,875 $8,500 $77,375
2023 $1,307 $85,875 $8,500 $77,375
2022 $1,224 $60,000 $6,250 $53,750
2021 $1,224 $60,000 $6,250 $53,750
2020 $1,224 $60,000 $6,250 $53,750
2019 $1,015 $41,950 $4,375 $37,575
2018 $1,015 $41,950 $4,375 $37,575
2017 $1,015 $41,950 $4,375 $37,575
2016 $1,015 $41,950 $4,375 $37,575
2015 $1,014 $41,950 $4,375 $37,575
2014 $1,014 $41,956 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10156427

Memphis Area Association of REALTORS®

APN: 081N-A-047.00