NOT LISTED FOR SALE

5151 Walton Lake Dr Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $88,000 - $148,253

2 Beds
2.5 Baths
1,200-1,399 Sq Ft
$83/Sq Ft Est. Value

Last Sold February 13, 2019

Last sale price $70,000 $50 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $670/month

Highlights

  • Lake On Lot
  • Den
  • Laundry closet
  • Traditional Architecture
  • 1 Car Attached Garage
  • Tile Flooring

About This Home

As of February 2019

Well maintained townhouse with lake view! Property is currently occupied by a tenant paying $850 per month. They are currently on a month to month lease so they can easily vacate for owner occupants!

Last Agent to Sell the Property

Duane Kinnard

Tri-Leake Realty License #335044 Listed on: 09/17/2018

Last Buyer's Agent

Deborah Williams

4 Success Realty, LLC License #294304

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $631

Year Built

  • Built in 1989

Lot Details

  • 3,485 Sq Ft Lot
  • Landscaped
  • Zero Lot Line

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,426 Sq Ft Home
  • 2-Story Property
  • Factory Built Fireplace
  • Window Treatments
  • Dining Room
  • Den
  • Tile Flooring
  • Laundry closet

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • En-Suite Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Lake On Lot

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Walton Lake Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 074034 E00034

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$631

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • Detached Unit Type: General Residential
  • MLS Map #: 772H
  • MAAR Subdivision Name: WALTON LAKE
  • List Price Per Sq Ft: 58
  • Number Of Stories: 2
  • Price Per Sq Ft: 49.09
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1426
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 2, Private Full Bath
  • Bedrooms: 2
  • Fireplace: Prefabricated
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal
  • Living Dining Kitchen: Separate Dining Room
  • Misc Interior: All Window Treatments
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Full Bath

Exterior Features

  • Misc Exterior: Well Landscaped Grounds
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Gas Water Heater

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Lake/Pond on Property
  • Lot Number: 34
  • Acreage: 0.08
  • Lot Size: 3750SF 30X125
  • Price Per Acre: 1025000
  • Zero Lot Line: Yes

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 074034 E00034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Hansen Jill
Bought by
Hansan Jill A and Hansan Fmtr Hans
Current Estimated Value
$116,813

Purchase Details

Listed on
Sep 17, 2018
Closed on
Feb 8, 2019
Sold by
Iryte Investments Llc
Bought by
Hansen Jill
Seller's Agent
Duane Kinnard
Tri-Leake Realty
Buyer's Agent
Deborah Williams
4 Success Realty, LLC
List Price
$85,000
Sold Price
$70,000
Premium/Discount to List
-$15,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%

Purchase Details

Closed on
Jul 31, 2018
Sold by
Dj Holdings Gp Tennessee Partnership
Bought by
Iryte Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 13, 2013
Closed on
Aug 22, 2013
Sold by
Ewp Llc
Bought by
King Homes 38 Llc
Seller's Agent
Carolyn Gregory
Adaro Realty, Inc.
Buyer's Agent
Edward Pierce
Pillar Realty
List Price
$43,250
Sold Price
$32,738
Premium/Discount to List
-$10,512
-24.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.41%

Purchase Details

Listed on
Mar 13, 2013
Closed on
Jul 22, 2013
Sold by
The Fifty One Fity One Walton Lake Land
Bought by
Ewp Llc
Seller's Agent
Carolyn Gregory
Adaro Realty, Inc.
Buyer's Agent
Edward Pierce
Pillar Realty
List Price
$43,250
Sold Price
$32,738
Premium/Discount to List
-$10,512
-24.31%

Purchase Details

Closed on
Jan 28, 2011
Sold by
Wong Paul
Bought by
Fifty One Fifty One Walton Lake Land Tru

Purchase Details

Closed on
Sep 17, 2007
Sold by
Jasper Lashun
Bought by
Hud

Purchase Details

Closed on
Nov 12, 1999
Sold by
Rhodes Barbara D
Bought by
Jasper Lashun D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,103
Interest Rate
7.94%
Mortgage Type
FHA
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
Hansan Jill A -- None Available
Hansen Jill $70,000 Preferred Title & Escrow
Iryte Investments Llc $38,000 None Available
King Homes 38 Llc -- None Available
Ewp Llc $33,441 Memphis Title Co
Fifty One Fifty One Walton Lake Land Tru -- Realty Title & Escrow Co Inc
Hud $74,728 None Available
Jasper Lashun D $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iryte Investments Llc $19,000
Previous Owner King Homes 38 Llc $1,031,250
Previous Owner Jasper Lashun D $73,103
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2019 02/13/19 Sold $70,000 -14.6% $58 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
11/02/2018 11/02/18 Price Changed $82,000 -3.5% $68 / Sq Ft
09/17/2018 09/17/18 For Sale $85,000 +159.6% $71 / Sq Ft
07/24/2013 07/24/13 Sold $32,738 -24.3% $27 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $43,250 -- $36 / 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 $631 $23,275 $4,000 $19,275
2024 $631 $18,600 $2,750 $15,850
2023 $1,133 $18,600 $2,750 $15,850
2022 $1,133 $18,600 $2,750 $15,850
2021 $642 $18,600 $2,750 $15,850
2020 $1,004 $13,850 $2,750 $11,100
2019 $443 $13,850 $2,750 $11,100
2018 $443 $13,850 $2,750 $11,100
2017 $453 $13,850 $2,750 $11,100
2016 $602 $13,775 $0 $0
2014 $602 $13,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Duane Kinnard

    Tri-Leake Realty

    (901) 323-1246

    3 in this area

    127 Total Sales

    Duane Kinnard
    Section Image

  • D

    Buyer's Agent in 2019

    Deborah Williams

    4 Success Realty, LLC

    (901) 359-6968

    8 in this area

    169 Total Sales

    Deborah Williams
    Section Image
  • Carolyn Gregory

    Seller's Agent in 2013

    Carolyn Gregory

    Adaro Realty, Inc.

    (901) 486-7490

    8 Total Sales

    Carolyn Gregory
    Section Image

  • E

    Buyer's Agent in 2013

    Edward Pierce

    Pillar Realty

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10036746

Memphis Area Association of REALTORS®

APN: 07-4034-E0-0034

Tennessee Shelby County Memphis 38118 Parkway Village

5151 Walton Lake Dr, Memphis, TN

This home is located at 5151 Walton Lake Dr, Memphis, TN 38118 since 17 September 2018 and is currently estimated at $116,813, approximately $83 per square foot. This property was built in 1989. 5151 Walton Lake Dr is a home located in Shelby County with nearby schools including Cromwell Elementary School, Wooddale High School, and Compass Community School Hickory Hill Campus.

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