NOT LISTED FOR SALE

5161 Laurel Springs Dr Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $449,000 - $593,000

5 Beds
3 Baths
3,400-3,599 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $415,170 $115 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,000/month

Highlights

  • Home Theater
  • All Bedrooms Downstairs
  • Landscaped Professionally
  • Newly Remodeled
  • Updated Kitchen
  • Vaulted Ceiling

About This Home

As of September 2018

Home features open floor plan with hardwood floors & vaulted ceilings. Kitchen with custom cabinets, granite counters & stainless appliances. Master suite is downstairs and master bath has walk in shower, double sinks & Whirlpool. Eat-in kitchen with snack bar is open to great room.

Last Agent to Sell the Property

Edwin Scruggs

BHHS Taliesyn Realty License #258919 Listed on: 09/27/2018

BHHS Taliesyn Realty

Last Buyer's Agent

Bill Pointer

NuHomes License #242319

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,849

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.41 Acre Lot
  • Landscaped Professionally

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 3,400-3,599 Sq Ft Home
  • 3,478 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Home Theater
  • Den
  • Play Room
  • Attic Fan
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • All Bedrooms Down
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Laurel Tree II Pd Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0256N B00033

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,849

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 788B
  • MAAR Subdivision Name: LAUREL TREE II
  • List Price Per Sq Ft: 116
  • Number Of Stories: 2
  • Price Per Sq Ft: 119.37
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 3478
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Play Room/Rec Room, Media Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 3400-3599
  • Bedroom 2 Description: Level 2, Walk-In Closet, Private Half Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Self Cleaning Oven, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: Cat/Dog Free House, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, 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

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s)

Utilities

  • Cooling: Central, Attic Fan
  • Heating: Central
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Professionally Landscaped
  • Lot Number: 33
  • Acreage: 0.41
  • Keeping Hearth Dimension: 16x15
  • Lot Size: 115.25 X 156.15 IRR
  • Price Per Acre: 983171

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: D0256N B00033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2018
Closed on
Sep 28, 2018
Sold by
Regency Homebuilders Llc
Bought by
Davis Sheila R
Seller's Agent
Edwin Scruggs
BHHS Taliesyn Realty
Buyer's Agent
Bill Pointer
NuHomes
List Price
$403,100
Sold Price
$415,170
Premium/Discount to List
$12,070
2.99%
Current Estimated Value
$505,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,126
Avg. Annual Appreciation
2.83%
Original Mortgage
$270,000
Outstanding Balance
$235,456
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$269,840

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
Davis Sheila R $415,170 Memphis Title Co
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 Davis Sheila R $270,000
Previous Owner Regency Homebuilders Llc $1,434,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $415,170 +3.0% $122 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $403,100 -- $119 / 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 $3,849 $119,425 $21,375 $98,050
2024 $3,849 $113,525 $13,250 $100,275
2023 $3,849 $113,525 $13,250 $100,275
2022 $3,849 $113,525 $13,250 $100,275
2021 $4,598 $113,525 $13,250 $100,275
2020 $3,994 $98,625 $13,250 $85,375
2019 $7,140 $98,625 $13,250 $85,375
2018 $537 $13,250 $13,250 $0
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

  • Edwin Scruggs

    Seller's Agent in 2018

    Edwin Scruggs

    BHHS Taliesyn Realty

    (901) 466-4012

    6 in this area

    120 Total Sales

    Edwin Scruggs
    Section Image

  • B

    Buyer's Agent in 2018

    Bill Pointer

    NuHomes

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10037462

Memphis Area Association of REALTORS®

APN: D0-256N-B0-0033

Tennessee Shelby County Memphis 38125 Southern Shelby County

5161 Laurel Springs Dr, Memphis, TN

This home is located at 5161 Laurel Springs Dr, Memphis, TN 38125 since 27 September 2018 and is currently estimated at $505,296, approximately $140 per square foot. This property was built in 2018. 5161 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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