NOT LISTED FOR SALE

5039 Blue Lagoon Loop Arlington, TN 38002

Estimated Value: $286,000 - $337,618

3 Beds
2 Baths
1,800-1,999 Sq Ft
$161/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $260,000 $130 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,953/month

Highlights

  • Landscaped Professionally
  • Community Lake
  • Vaulted Ceiling
  • Rivercrest Elementary School Rated A-
  • Den with Fireplace
  • 1-minute walk to Blue Lagoon Park

About This Home

As of March 2021

This cozy 3/2 Bartlett home is warm and inviting! Built in 2014, you will love all this newer home has to offer! The kitchen, dining room, and hearth room are open providing amazing, living space-perfect for gatherings! You'll love the hardwood floors, granite counters, smooth ceilings, rounded corners, designer lighting, large back yard and the view of the Blue Lagoon lake. You are just steps away from the fun of the lake, playground, and walking trail. Award winning Bartlett Schools.

Last Agent to Sell the Property

Jan Jones

Groome & Co. License #340539 Listed on: 02/19/2021

Last Buyer's Agent

Mike Parker

REMAX Experts License #312619

REMAX Experts

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 0.34 Acre Lot
  • Wood Fence
  • Landscaped Professionally
  • Level Lot

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,898 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Great Room
  • Den with Fireplace
  • 2 Fireplaces
  • Keeping Room
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Delaney Square Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number B0139V A00071

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 853A
  • MAAR Subdivision Name: DELANEY SQUARE
  • List Price Per Sq Ft: 134
  • Number Of Stories: 1
  • Price Per Sq Ft: 136.99
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1898
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Master Down, Vaulted/Coffered Master, Luxury Master Bath, Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Vaulted/Coffered Ceilings, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 1, Vaulted/Coffered Ceilings, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Breakfast Bar, Pantry, Keeping/Hearth Room
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • Master Bedroom: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet
  • Master Bedroom Dimensions: 15x15
  • Misc Interior: Walk-In Closet(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Entry Hall, Attic
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch, Patio, Sidewalks
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 150
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 71
  • Acreage: 0.34
  • Keeping Hearth Dimension: 17x20
  • Lot Size: 42.62 X 135 IRR
  • Price Per Acre: 750000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: B0139V A00071

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Mar 19, 2021
Sold by
Martin Joseph Edwin
Bought by
Osakwe Chidude and Anelo Obianuju
Seller's Agent
Jan Jones
Groome & Co.
Buyer's Agent
Mike Parker
REMAX Experts
List Price
$255,000
Sold Price
$260,000
Premium/Discount to List
$5,000
1.96%
Current Estimated Value
$320,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,905
Avg. Annual Appreciation
4.67%
Original Mortgage
$255,000
Outstanding Balance
$228,705
Interest Rate
2.73%
Mortgage Type
Commercial
Estimated Equity
$92,200

Purchase Details

Listed on
Feb 14, 2017
Closed on
Mar 28, 2017
Sold by
Lane Brandon Lee and Lane Christa Janee
Bought by
Martin Joseph
Seller's Agent
Teresa Fiveash
Collier REALTORS
Buyer's Agent
Steven Mizell
Reid, REALTORS
List Price
$204,900
Sold Price
$192,000
Premium/Discount to List
-$12,900
-6.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Original Mortgage
$192,000
Interest Rate
4.15%
Mortgage Type
VA

Purchase Details

Listed on
May 8, 2014
Closed on
Jul 15, 2014
Sold by
Cmcc Llc
Bought by
Lane Brandon Lee and Lane Christa Janee
Seller's Agent
Trina Chamberlain
Adaro Realty, Inc.
Buyer's Agent
Teresa Fiveash
Collier REALTORS
List Price
$179,900
Sold Price
$178,600
Premium/Discount to List
-$1,300
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%
Original Mortgage
$182,886
Interest Rate
4.26%
Mortgage Type
VA

Purchase Details

Closed on
Apr 29, 2014
Sold by
West Tn Land Co Gp
Bought by
Cmcc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
4.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 23, 2009
Sold by
Chamberlain & Mccreery Inc
Bought by
West Tn Land Company Gp
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
Osakwe Chidude $260,000 Closetrak Llc
Martin Joseph $192,000 Home Surety Title & Escrow L
Lane Brandon Lee $178,600 None Available
Cmcc Llc -- None Available
West Tn Land Company Gp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osakwe Chidude $255,000
Previous Owner Martin Joseph $192,000
Previous Owner Lane Brandon Lee $182,886
Previous Owner Cmcc Llc $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2021 03/19/21 Sold $260,000 +2.0% $144 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $255,000 +32.8% $142 / Sq Ft
03/28/2017 03/28/17 Sold $192,000 -6.3% $107 / Sq Ft View Prior Sale
02/23/2017 02/23/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $204,900 +14.7% $114 / Sq Ft
07/15/2014 07/15/14 Sold $178,600 -0.7% $99 / Sq Ft View Prior Sale
05/13/2014 05/13/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $179,900 -- $100 / 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 -- $84,375 $18,225 $66,150
2024 -- $60,175 $11,925 $48,250
2023 $3,081 $60,175 $11,925 $48,250
2022 $3,081 $60,175 $11,925 $48,250
2021 $2,076 $60,175 $11,925 $48,250
2020 $2,890 $49,150 $11,250 $37,900
2019 $899 $49,150 $11,250 $37,900
2018 $1,991 $49,150 $11,250 $37,900
2017 $2,920 $49,150 $11,250 $37,900
2016 $1,934 $44,250 $0 $0
2014 $1,054 $6,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10093658

Memphis Area Association of REALTORS®

APN: B0-139V-A0-0071