$617,740
SOLD APR 19, 2023

5170 Saffron Spring Rd Lakeland, TN 38002

Lakeland Neighborhood
5 Beds
3 Baths
3,200-3,399 Sq Ft
0.35 Acres

Recently Sold

$182 Per Sq Ft

Highlights

  • Home Theater
  • New Construction
  • Vaulted Ceiling
  • Lakeland Elementary School Rated A
  • Landscaped Professionally
  • 3-minute walk to International Harvester Park

About This Home

As of April 2023

Kensington Manor: A Regency Homebuilders community in Lakeland. This Landry floor plan is a 3390 square foot home featuring 9 foot ceilings downstairs and 8 foot ceilings upstairs, as well as open concept living.

Last Agent to Sell the Property

Jocelyn Cuty

Regency Realty, LLC License #263245 Listed on: 08/17/2022

Last Buyer's Agent

Greg Renfrow

NextHome Cornerstone Realty License #284917

NextHome Cornerstone Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,571

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.35 Acre Lot
  • Landscaped Professionally

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,390 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Great Room
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • Loft
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Kensington Manor Ph2 Subdivision
  • Mandatory Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,571

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 832A
  • MAAR Subdivision Name: KENSINGTON MANOR PH2
  • List Price Per Sq Ft: 182
  • Number Of Stories: 2
  • Price Per Sq Ft: 182.22
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 3390
  • Year Built: 2023
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down, Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Vaulted/Coffered Ceilings, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Vaulted/Coffered Ceilings, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Shared Bath, Vaulted/Coffered Ceilings, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • 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: 3
  • Equipment: Range/Oven, Double Oven, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Walk-In Attic, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Loft/Balcony, Media Room
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, 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, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Porch, Covered Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Side-Load Garage

Utilities

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

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Professionally Landscaped
  • Lot Number: 26
  • Acreage: 0.35
  • Lot Size: .35
  • Price Per Acre: 1762686

Multi Family

  • Number Of Rooms: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Apr 19, 2023
Sold by
Regency Home Builders Llc
Bought by
Michelotti Taylor Benjamin and Michelotti Lindsey Purvis
Seller's Agent
Jocelyn Cuty
Regency Realty, LLC
Buyer's Agent
Greg Renfrow
NextHome Cornerstone Realty
List Price
$616,940
Sold Price
$617,740
Premium/Discount to List
$800
0.13%
Total Days on Market
0

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Original Mortgage
$537,740
Outstanding Balance
$524,571
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$142,965
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $617,740 Memphis Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $537,740 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2025 06/01/25 For Sale $667,900 +8.1% $196 / Sq Ft
04/19/2023 04/19/23 Sold $617,740 +0.1% $193 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $616,940 -- $193 / 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 $3,571 $164,775 $32,550 $132,225
2024 $3,571 $130,475 $25,500 $104,975
2023 $3,571 $46,350 $25,500 $20,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10140082

Memphis Area Association of REALTORS®

APN: L0-151Y-B0-0002