NOT LISTED FOR SALE

50 Penny Ln Oakland, TN 38060

Estimated Value: $258,979 - $280,000

3 Beds
2 Baths
1,356 Sq Ft
$198/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $160,000 $118 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,463/month

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Patio
  • Great Room
  • Walk-In Closet
  • Laundry Room

About This Home

As of January 2022

This charming Oakland rental home features an inviting, ranch-style layout. As you step into the living room, you'll fall in love with the high ceiling, vinyl plank flooring, overhead fan, and gas fireplace. The eat-in kitchen features modern appliances, granite countertops, and stylish white cabinetry. Relax in style in the master suite with its recessed ceiling, overhead fan, and soft carpeting. There's a walk-in closet and a private bathroom with dual sinks and a jetted bathtub.

Last Agent to Rent the Property

Denise Wessel

Progress Residential Property License #341538 Listed on: 11/22/2021

Last Renter's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $588

Year Built

  • Built in 2004

Lot Details

  • 9,583

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,356 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Lot Dimensions are 70x137
  • Central Heating and Cooling System

Community Details

  • Oakland Meadows Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087J 087J B03500

Home Details

Home Type

Single Family

Est. Annual Taxes

$588

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MAAR Subdivision Name: OAKLAND MEADOWS SEC B
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 2
  • Estimated Sq Ft: 1356
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Eat-In Kitchen, Great Room
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2

Utilities

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

Lot Info

  • Lot Number: 80
  • Lot Size: 70X137

Tax Info

  • Assessor Parcel Number: 087J 087J B03500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2020
Sold by
Progress Memphis Llc
Bought by
Progress Residential Borrower 13 Llc
Current Estimated Value
$268,245

Purchase Details

Listed on
Aug 7, 2019
Closed on
Aug 29, 2019
Sold by
Elmore James A and Elmore Leslie B
Bought by
Progress Memphis Llc
Seller's Agent
Jim Norman
Keller Williams
Buyer's Agent
Jessica Brown
REMAX Experts
List Price
$159,900
Sold Price
$160,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%

Purchase Details

Closed on
Aug 13, 2009
Sold by
Deutsche Bank National Tru
Bought by
Elmore James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,400
Interest Rate
5.15%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 2009
Sold by
Moody Kerry Glenn
Bought by
Deutsche Bank National C

Purchase Details

Closed on
Mar 22, 2004
Bought by
Moody Kerry Glenn

Purchase Details

Closed on
Oct 28, 2003
Bought by
Burkett Homes Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Progress Residential Borrower 13 Llc $579,900 None Available
Progress Memphis Llc $160,000 Realty Title
Elmore James A $116,000 --
Elmore James A $116,000 --
Deutsche Bank National C $110,500 --
Deutsche Bank National Trust C $110,500 --
Moody Kerry Glenn $128,400 --
Burkett Homes Inc $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elmore James A $81,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2022 01/03/22 Rented $1,685 +1.5% --
12/15/2021 12/15/21 Under Contract -- -- --
12/10/2021 12/10/21 For Rent $1,660 0.0% --
12/10/2021 12/10/21 Price Changed $1,660 -3.8% $1 / Sq Ft
11/24/2021 11/24/21 Under Contract -- -- --
11/22/2021 11/22/21 For Rent $1,725 0.0% --
09/24/2021 09/24/21 Rented $1,725 0.0% --
09/15/2021 09/15/21 Under Contract -- -- --
09/15/2021 09/15/21 Price Changed $1,725 -1.1% $1 / Sq Ft
09/09/2021 09/09/21 For Rent $1,745 +28.8% --
11/22/2019 11/22/19 Rented $1,355 0.0% --
11/21/2019 11/21/19 Under Contract -- -- --
11/14/2019 11/14/19 For Rent $1,355 0.0% --
11/11/2019 11/11/19 Under Contract -- -- --
11/07/2019 11/07/19 Price Changed $1,355 -0.4% $1 / Sq Ft
10/30/2019 10/30/19 Price Changed $1,360 -2.9% $1 / Sq Ft
10/24/2019 10/24/19 Price Changed $1,400 +0.4% $1 / Sq Ft
10/17/2019 10/17/19 Price Changed $1,395 +0.7% $1 / Sq Ft
10/08/2019 10/08/19 Price Changed $1,385 -3.8% $1 / Sq Ft
10/02/2019 10/02/19 Price Changed $1,440 -1.0% $1 / Sq Ft
09/26/2019 09/26/19 For Rent $1,455 0.0% --
08/30/2019 08/30/19 Sold $160,000 +0.1% $133 / Sq Ft View Prior Sale
08/25/2019 08/25/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $159,900 -- $133 / 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
2024 $588 $46,375 $9,500 $36,875
2023 $1,198 $46,375 $0 $0
2022 $794 $46,375 $9,500 $36,875
2021 $794 $46,375 $9,500 $36,875
2020 $558 $46,375 $9,500 $36,875
2019 $751 $37,050 $7,500 $29,550
2018 $773 $37,050 $7,500 $29,550
2017 $659 $37,050 $7,500 $29,550
2016 $656 $34,475 $7,500 $26,975
2015 $656 $34,475 $7,500 $26,975
2014 $656 $34,475 $7,500 $26,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10113123

Memphis Area Association of REALTORS®

APN: 087J-B-035.00