NOT LISTED FOR SALE

532 Melody Ln Memphis, TN 38120

Audubon Park Neighborhood

Estimated Value: $300,000 - $392,000

3 Beds
2 Baths
1,512 Sq Ft
$228/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $154,900 $102 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,274/month

56 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Screened Porch
  • White Station Middle Rated A-
  • Separate Formal Living Room
  • Den

About This Home

As of January 2013

Surrounded by more expensive homes; One-story, brick, traditional w/great 'Bones'; Ready for your personal updates; 2-car carport w/storage; Large screened porch; 'As Is' offers please!

Last Agent to Sell the Property

David Tester

Marx-Bensdorf, REALTORS License #272903 Listed on: 11/30/2012

Last Buyer's Agent

Loretta Williams

Crye-Leike, Inc., REALTORS License #289984

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 10,454 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Few Trees

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Screened Porch
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Detached Garage
  • Carport

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts

Community Details

  • Laurie Lane Third Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056047 00020

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Colonial
  • Detached Unit Type: General Residential
  • MLS Map #: 756F
  • MAAR Subdivision Name: LAURIE LANE 3RD ADD
  • Number Of Stories: 1
  • Price Per Sq Ft: 102.45
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1512
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Gas Cooking
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs, Attic Access, Cat/Dog Free House
  • Other Rooms: Entry Hall
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling

Exterior Features

  • Misc Exterior: Storage Building, Porch, Screen Porch
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Storm Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2D

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced, Chain Fenced
  • Lot Number: 132
  • Acreage: 0.24
  • Lot Size: 74.30/74 IRR X 142.07/168.87

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 056047 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2012
Closed on
Jan 30, 2013
Sold by
Gowen Paul A
Bought by
Balton Mark C and Balton Sheila
Seller's Agent
David Tester
Marx-Bensdorf, REALTORS
Buyer's Agent
Loretta Williams
Crye-Leike, Inc., REALTORS
List Price
$159,900
Sold Price
$154,900
Premium/Discount to List
-$5,000
-3.13%
Current Estimated Value
$354,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,327
Avg. Annual Appreciation
6.76%
Original Mortgage
$79,900
Outstanding Balance
$56,557
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$295,393
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
Balton Mark C $154,900 Realty Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balton Mark C $79,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2013 01/31/13 Sold $154,900 -3.1% $102 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
11/30/2012 11/30/12 For Sale $159,900 -- $106 / 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 -- $84,275 $20,825 $63,450
2024 -- $67,825 $20,825 $47,000
2023 $4,132 $67,825 $20,825 $47,000
2022 $4,132 $67,825 $20,825 $47,000
2021 $4,180 $67,825 $20,825 $47,000
2020 $3,706 $51,150 $20,825 $30,325
2019 $3,706 $51,150 $20,825 $30,325
2018 $3,706 $51,150 $20,825 $30,325
2017 $2,102 $51,150 $20,825 $30,325
2016 $1,827 $41,800 $0 $0
2014 $1,726 $39,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Tester

    Seller's Agent in 2013

    David Tester

    Marx-Bensdorf, REALTORS

    (901) 351-3439

    37 in this area

    149 Total Sales

    Section Image

  • L

    Buyer's Agent in 2013

    Loretta Williams

    Crye-Leike

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3260633

Memphis Area Association of REALTORS®

APN: 05-6047-0-0020

Tennessee Shelby County Memphis 38120 Audubon Park

532 Melody Ln, Memphis, TN

This home is located at 532 Melody Ln, Memphis, TN 38120 since 30 November 2012 and is currently estimated at $345,387, approximately $228 per square foot. This property was built in 1958. 532 Melody Ln is a home located in Shelby County with nearby schools including White Station Elementary School, White Station Middle, and White Station High.

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