NOT LISTED FOR SALE

5122 Laurel Springs Dr Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $415,000 - $573,000

4 Beds
3.5 Baths
3,400-3,599 Sq Ft
$133/Sq Ft Est. Value

Last Sold August 17, 2017

Last sale price $389,344 $108 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,846/month

Highlights

  • Newly Remodeled
  • Contemporary Architecture
  • Vaulted Ceiling
  • Community Lake
  • Fireplace in Hearth Room
  • Wood Flooring

About This Home

As of August 2017

Stunning Innosbrook 3478 plan designed and built by Regency Homebuilders in the sought-after community of Laurel Tree located in SE Shelby County. This home features 4 bedrooms, 3.5 baths, formal dining room, great room, and hearth room.

Last Agent to Sell the Property

Wendell Mattison

Regency Realty, LLC License #290372 Listed on: 01/12/2017

Last Buyer's Agent

Wendell Mattison

Regency Realty, LLC License #290372 Listed on: 01/12/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,454

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 100 x 180
  • Level Lot

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,400-3,599 Sq Ft Home
  • 3,516 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Two Story Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Loft
  • Bonus Room
  • Keeping Room
  • Laundry Room
  • Attic

Kitchen

  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Side Facing Garage

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number D0256N B00022

Community Details

Overview

  • Laurel Tree II Pd Subdivision
  • Mandatory home owners association
  • Community Lake

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,454

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 788B
  • MAAR Subdivision Name: LAUREL TREE II
  • Est Date Of Completion: 08/15/2017
  • List Price Per Sq Ft: 111
  • Number Of Stories: 2
  • Price Per Sq Ft: 110.73
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 3516
  • Year Built: 2017
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 1/2 Bath, Laundry Room, Keeping/Hearth Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 3400-3599
  • Bedroom 2 Description: Level 1, Walk-In Closet, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room, In Keeping/Hearth room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Cooktop, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Dining Room, Great Room, Separate Breakfast Room, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: Walk-In Attic, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Bonus Room, Loft/Balcony
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

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

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas, Electric
  • Security: Burglar Alarm, Fire Alarm
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 300
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level
  • Lot Number: 22
  • Acreage: 0.41
  • Lot Size: 100 X 180
  • Price Per Acre: 949620

Multi Family

  • Number Of Rooms: 15

Tax Info

  • Assessor Parcel Number: D0256N B00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2017
Closed on
Aug 17, 2017
Sold by
Regency Homebuilders Llc
Bought by
Smith Leonard D and Smith Leanna E
Seller's Agent
Wendell Mattison
Regency Realty, LLC
Buyer's Agent
Wendell Mattison
Regency Realty, LLC
List Price
$389,344
Sold Price
$389,344
Current Estimated Value
$477,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,495
Avg. Annual Appreciation
2.54%
Original Mortgage
$356,250
Outstanding Balance
$297,823
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$180,016

Purchase Details

Closed on
Jul 26, 2010
Sold by
First Tennessee Bank National Associatio
Bought by
Regency Homebuilders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,434,500
Interest Rate
4.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 23, 2009
Sold by
J Sweeney Homes Llc
Bought by
First Tennessee Bank National Associatio
Source: Public Records

Range of Values:

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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
Smith Leonard D $389,344 None Available
Regency Homebuilders Llc $1,912,667 Memphis Title Company
First Tennessee Bank National Associatio $1,605,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Leonard D $356,250
Previous Owner Regency Homebuilders Llc $1,434,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2017 08/17/17 Sold $389,344 0.0% $115 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $389,344 -- $115 / 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 $3,454 $107,950 $21,375 $86,575
2024 $3,454 $101,875 $13,250 $88,625
2023 $3,454 $101,875 $13,250 $88,625
2022 $3,454 $101,875 $13,250 $88,625
2021 $3,515 $101,875 $13,250 $88,625
2020 $3,285 $81,100 $13,250 $67,850
2019 $3,285 $81,100 $13,250 $67,850
2018 $3,285 $81,100 $13,250 $67,850
2017 $545 $13,250 $13,250 $0
2016 $219 $5,000 $0 $0
2014 $219 $13,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wendell Mattison

    Seller's Agent in 2017

    Wendell Mattison

    Regency Realty, LLC

    (901) 281-7711

    1 in this area

    110 Total Sales

    Wendell Mattison
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10009508

Memphis Area Association of REALTORS®

APN: D0-256N-B0-0022

Tennessee Shelby County Memphis 38125 Southern Shelby County

5122 Laurel Springs Dr, Memphis, TN

This home is located at 5122 Laurel Springs Dr, Memphis, TN 38125 since 12 January 2017 and is currently estimated at $477,839, approximately $132 per square foot. This property was built in 2017. 5122 Laurel Springs Dr is a home located in Shelby County with nearby schools including Southwind Elementary School, Germantown Middle School, and Germantown High School.

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