5285 Brookwater Ln Memphis, TN 38125
Southern Shelby County NeighborhoodEstimated Value: $332,000 - $365,000
4
Beds
3
Baths
3,181
Sq Ft
$109/Sq Ft
Est. Value
About This Home
This home is located at 5285 Brookwater Ln, Memphis, TN 38125 and is currently estimated at $348,010, approximately $109 per square foot. 5285 Brookwater Ln is a home located in Shelby County with nearby schools including Highland Oaks Elementary School, Highland Oaks Middle School, and Southwind High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 30, 2009
Sold by
Trust One Bank
Bought by
Lofton Keith M and Lofton Wanda T
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,140
Interest Rate
5.23%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 5, 2007
Sold by
Mark Matthews Development Llc
Bought by
Trust One Bank
Purchase Details
Closed on
Nov 20, 2006
Sold by
Land Solutions Llc
Bought by
Mark Matthews Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,308
Interest Rate
6.25%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lofton Keith M | $164,500 | None Available | |
| Trust One Bank | $169,000 | None Available | |
| Mark Matthews Development Llc | $37,500 | Home Surety Title & Escrow L |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lofton Wanda T | $1,528,141 | |
| Closed | Lofton Keith M | $160,140 | |
| Previous Owner | Mark Matthews Development Llc | $214,308 |
Source: Public Records
Tax History Compared to Growth
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 | $2,281 | $90,550 | $17,500 | $73,050 |
| 2024 | $2,281 | $67,275 | $12,375 | $54,900 |
| 2023 | $2,281 | $67,275 | $12,375 | $54,900 |
| 2022 | $2,281 | $67,275 | $12,375 | $54,900 |
| 2021 | $2,321 | $67,275 | $12,375 | $54,900 |
| 2020 | $2,148 | $53,025 | $12,375 | $40,650 |
| 2019 | $2,148 | $53,025 | $12,375 | $40,650 |
| 2018 | $2,148 | $53,025 | $12,375 | $40,650 |
| 2017 | $2,179 | $53,025 | $12,375 | $40,650 |
| 2016 | $2,011 | $46,025 | $0 | $0 |
| 2014 | $2,011 | $46,025 | $0 | $0 |
Source: Public Records
Map
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