NOT LISTED FOR SALE

551 Lexington Cir Memphis, TN 38120

Audubon Park Neighborhood

Estimated Value: $1,506,372 - $1,869,000

5 Beds
5 Baths
7,000-7,999 Sq Ft
$209/Sq Ft Est. Value

Last Sold April 21, 2016

Last sale price $1,385,000 $173 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $9,751/month

Highlights

  • 0.93 Acre Lot
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • White Station High Rated A
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of April 2016

FSBO

Last Agent to Sell the Property

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE Listed on: 02/25/2016

Last Buyer's Agent

Carrie Benitone

Ware Jones, REALTORS License #318990

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,655

Year Built

  • Built in 1999

Lot Details

  • 0.93 Acre Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 7,000-7,999 Sq Ft Home
  • 7,359 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Termite Clearance

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • 5 Full Bathrooms

Parking

  • 3 Car Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Circular Driveway

Outdoor Features

  • Patio
  • Outdoor Grill
  • Porch

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units
  • Heating System Uses Gas
  • 220 Volts

Community Details

  • Pleasant Acres 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056045 00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,655

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Lexington
  • MAAR Subdivision Name: PLEASANT ACRES 1ST ADD
  • List Price Per Sq Ft: 188
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 7359
  • Termite Contract: Yes
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath
  • Estimated Heated Sq Ft Range: 7000 - 7999
  • Bedroom 2 Description: Hardwood Floor, Level 1
  • Bedroom 3 Description: Level 2, Private Full Bath
  • Bedroom 4 Description: Hardwood Floor, Level 2
  • Bedroom 5 Description: Hardwood Floor, Level 2
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout, Part Carpet
  • Full Bathrooms: 5
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, LR/DR Combination, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Number Of Fireplaces: 2

Exterior Features

  • Misc Exterior: B-B-Q Pit, Porch, Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3
  • Parking Storage: Circular Drive, Back-Load Garage, Side-Load Garage

Utilities

  • Cooling: 220 Wiring, 3 or More Systems, Central
  • Heating: Gas, 3 or More Systems

Lot Info

  • Lot Number: 42
  • Acreage: 0.93
  • Keeping Hearth Dimension: 18x17
  • Lot Size: 96.27/250X326.01/278.66

Tax Info

  • Assessor Parcel Number: 056045 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2016
Closed on
Apr 21, 2016
Sold by
Donaldson Ted B and Donaldson Janice O
Bought by
Woodbury Michael J and Woodbury Angela
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Carrie Benitone
Ware Jones, REALTORS
List Price
$1,385,000
Sold Price
$1,385,000
Current Estimated Value
$1,674,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,124
Avg. Annual Appreciation
2.01%
Original Mortgage
$1,108,000
Outstanding Balance
$485,611
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$1,188,513

Purchase Details

Closed on
Jul 12, 2004
Sold by
Terwilleger Bret A and Terwilleger Peggy P
Bought by
Donaldson Ted B and Donaldson Janice O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.25%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 28, 2001
Sold by
Jones Leonard and Jones Sandee
Bought by
Terwilleger Bret A and Terwilleger Peggy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$849,350
Interest Rate
7.11%

Purchase Details

Closed on
Oct 11, 2000
Sold by
Friedman Melvin A and Friedman Gail K
Bought by
Jones Leonard and Jones Sandee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Interest Rate
7.96%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 16, 1995
Bought by
Freidman Melvin A

Purchase Details

Closed on
Mar 2, 1995
Bought by
Loeb Bros Realty L P
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
Woodbury Michael J $1,385,000 None Available
Donaldson Ted B $1,150,000 --
Terwilleger Bret A $1,132,500 --
Jones Leonard $650,000 --
Freidman Melvin A $167,500 --
Loeb Bros Realty L P $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodbury Michael J $1,108,000
Previous Owner Donaldson Ted B $1,400,000
Previous Owner Terwilleger Bret A $849,350
Previous Owner Jones Leonard $785,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2016 04/21/16 Sold $1,385,000 0.0% $198 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $1,385,000 -- $198 / 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 $11,655 $381,950 $94,425 $287,525
2024 $11,655 $343,800 $79,750 $264,050
2023 $20,943 $343,800 $79,750 $264,050
2022 $20,943 $343,800 $79,750 $264,050
2021 $21,189 $343,800 $79,750 $264,050
2020 $24,515 $338,325 $79,750 $258,575
2019 $24,515 $338,325 $79,750 $258,575
2018 $24,515 $338,325 $79,750 $258,575
2017 $13,905 $338,325 $79,750 $258,575
2016 $13,307 $304,500 $0 $0
2014 $13,307 $304,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Carrie Benitone

    Buyer's Agent in 2016

    Carrie Benitone

    Ware Jones, REALTORS

    (901) 488-9680

    42 in this area

    107 Total Sales

    Carrie Benitone
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9976039

Memphis Area Association of REALTORS®

APN: 05-6045-0-0018

Tennessee Shelby County Memphis 38120 Audubon Park

551 Lexington Cir, Memphis, TN

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