NOT LISTED FOR SALE

5259 Summer Meadows Ln Arlington, TN 38002

Lakeland Neighborhood

Estimated Value: $366,584 - $373,000

4 Beds
2.5 Baths
2,000-2,199 Sq Ft
$168/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $270,000 $123 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,200/month

20 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Attic
  • Arlington Middle School Rated A
  • Whirlpool Bathtub
  • Bonus Room

About This Home

As of July 2020

GREAT 4BED (OR 3 W/BONUS) / 2.5 BATH HOME SITUATED IN ARLINGTON | LARGE SIZED BEDROOMS WITH WALK IN CLOSETS | MASTER DOWN | ALL OTHER BEDROOMS UP | BRICK EXTERIOR W/ FENCED BACKYARD & PERGOLA OVER CONCRETE PATIO |

Last Agent to Sell the Property

Caylyn Pitt

JASCO Realty License #329631 Listed on: 05/26/2020

Co-Listed By

Jeffrey Smith

JASCO Realty License #322248

Last Buyer's Agent

Rhonda Franklin

KAIZEN Realty, LLC License #289965

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,253

Year Built

  • Built in 2002

Lot Details

  • 10,019 Sq Ft Lot
  • Wood Fence
  • Landscaped

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,640 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Factory Built Fireplace
  • Double Pane Windows
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Attic

  • Attic Fan
  • Attic Access Panel

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • Cable TV Available

Community Details

  • Summer Meadows Phase 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number A0151U B00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,253

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Milton Wilson
  • MLS Map #: 842A
  • MAAR Subdivision Name: SUMMER MEADOWS PH3
  • List Price Per Sq Ft: 102
  • Number Of Stories: 2
  • Price Per Sq Ft: 102.27
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2640
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1/2 Bath, 1 Bath, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Prefabricated, In Den/Great Room
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Attic Access, Walk-In Attic, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Attic
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath

Exterior Features

  • Misc Exterior: Storage Building, Patio, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, 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: Driveway/Pad, Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Attic Fan, Ceiling Fan(s), 220 Wiring
  • Heating: Central
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Landscaped, Wood Fenced
  • Lot Number: 123
  • Acreage: 0.23
  • Lot Size: 10003 SF 80 X 125
  • Price Per Acre: 1173913

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: A0151U B00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Jul 1, 2020
Sold by
Moreta Wanda E and Villamil Sandra E
Bought by
Bogan Penilton Angela Faye
Seller's Agent
Caylyn Pitt
JASCO Realty
Buyer's Agent
Rhonda Franklin
KAIZEN Realty, LLC
List Price
$280,000
Sold Price
$270,000
Premium/Discount to List
-$10,000
-3.57%
Current Estimated Value
$369,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,396
Avg. Annual Appreciation
6.34%
Original Mortgage
$9,450
Outstanding Balance
$5,090
Interest Rate
3.1%
Mortgage Type
Stand Alone Second
Estimated Equity
$364,306

Purchase Details

Listed on
Jun 14, 2018
Closed on
Jul 11, 2018
Sold by
Trucker Peyton Timothy and Trucker Peyton Lauren
Bought by
Villami Sandra E and Moreta Wanda E
Seller's Agent
Billy Groome
Groome & Co.
Buyer's Agent
Caylyn Pitt
JASCO Realty
List Price
$234,500
Sold Price
$240,000
Premium/Discount to List
$5,500
2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$192,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2009
Sold by
Ross Steven P and Ross Stacy A
Bought by
Peyton Timothy and Tucker Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
5.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 28, 2004
Sold by
Relo Direct Inc
Bought by
Ross Steven P and Ross Stacy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,710
Interest Rate
6.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2003
Sold by
Meyers David Lee and Meyers Maureen R
Bought by
Relo Direct Inc

Purchase Details

Closed on
Jan 28, 2002
Sold by
Reeves Williams Llc
Bought by
Meyers Ii David Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,750
Interest Rate
7.12%

Purchase Details

Closed on
Sep 7, 2001
Sold by
Summer Meadows I Llc
Bought by
Reeves Williams Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
7.02%

Purchase Details

Closed on
Nov 6, 2000
Sold by
Faxongillis Homes Inc
Bought by
Summer Meadows I Llc
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
Bogan Penilton Angela Faye $270,000 Local Title Llc
Villami Sandra E $240,000 Erickson Title & Closing Llc
Peyton Timothy $182,000 Realty Title
Ross Steven P $161,000 Realty Title
Relo Direct Inc $161,000 Realty Title
Meyers Ii David Lee $175,000 --
Reeves Williams Llc $35,000 --
Summer Meadows I Llc $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bogan Penilton Angel Faye $9,450
Open Bogan Penilton Angela Faye $265,109
Previous Owner Villami Sandra E $192,000
Previous Owner Peyton Timothy $145,600
Previous Owner Ross Steven P $159,710
Previous Owner Meyers Ii David Lee $173,100
Previous Owner Meyers Ii David Lee $169,750
Previous Owner Reeves Williams Llc $140,800
Previous Owner Faxongillis Homes Inc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $270,000 0.0% $135 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/13/2020 06/13/20 Price Changed $270,000 -1.8% $135 / Sq Ft
06/04/2020 06/04/20 Price Changed $274,900 -1.1% $137 / Sq Ft
06/03/2020 06/03/20 Price Changed $278,000 -0.7% $139 / Sq Ft
05/26/2020 05/26/20 For Sale $280,000 +16.7% $140 / Sq Ft
07/11/2018 07/11/18 Sold $240,000 +2.3% $109 / Sq Ft
06/14/2018 06/14/18 For Sale $234,500 -- $107 / 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 $2,253 $90,175 $18,600 $71,575
2024 $4,505 $66,450 $12,200 $54,250
2023 $3,103 $66,450 $12,200 $54,250
2022 $3,103 $66,450 $12,200 $54,250
2021 $4,585 $66,450 $12,200 $54,250
2020 $2,709 $49,975 $11,275 $38,700
2019 $1,369 $49,975 $11,275 $38,700
2018 $2,024 $49,975 $11,275 $38,700
2017 $2,629 $49,975 $11,275 $38,700
2016 $2,452 $44,425 $0 $0
2014 $1,941 $44,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Caylyn Pitt

    Seller's Agent in 2020

    Caylyn Pitt

    JASCO Realty

    (901) 417-2533

    7 in this area

    15 Total Sales

    Caylyn Pitt
    Section Image
  • Jeffrey Smith

    Seller Co-Listing Agent in 2020

    Jeffrey Smith

    JASCO Realty

    (901) 239-5772

    23 Total Sales

    Jeffrey Smith
    Section Image
  • Rhonda Franklin

    Buyer's Agent in 2020

    Rhonda Franklin

    KAIZEN Realty, LLC

    (901) 649-0063

    68 Total Sales

    Rhonda Franklin
    Section Image
  • Billy Groome

    Seller's Agent in 2018

    Billy Groome

    Groome & Co.

    (901) 461-5445

    50 in this area

    145 Total Sales

    Billy Groome
    Section Image
  • Jeanna Groome

    Seller Co-Listing Agent in 2018

    Jeanna Groome

    Groome & Co.

    (901) 461-5446

    7 in this area

    19 Total Sales

    Jeanna Groome
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10077273

Memphis Area Association of REALTORS®

APN: A0-151U-B0-0016

Tennessee Shelby County Arlington 38002 Lakeland

5259 Summer Meadows Ln, Arlington, TN

This home is located at 5259 Summer Meadows Ln, Arlington, TN 38002 since 26 May 2020 and is currently estimated at $369,396, approximately $167 per square foot. This property was built in 2002. 5259 Summer Meadows Ln is a home located in Shelby County with nearby schools including Arlington Middle School and Arlington High School.

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