556 Melody Ln Memphis, TN 38120
Audubon Park Neighborhood
4
Beds
4
Baths
3,600-3,799
Sq Ft
0.25
Acres
Highlights
- Second Kitchen
- Home Theater
- Traditional Architecture
- White Station Middle Rated A-
- Updated Kitchen
- Wood Flooring
About This Home
As of October 2019Nestled in one of the city's most sought after neighborhoods, is a home w/upgraded features rarely seen in renovated properties plus a new added 2nd flr addition w/Kitchenette, 2nd lndry rm, 2 new BAs & 2 Bedrms, Game Rm, Media Rm w/all equipment, screened Patio w/speakers & TV wiring, Mud Rm, Storm Shelter for 8 & a 2 Car Gar. Totally new Kit w/granite, wine cooler & stainless appliances. All new wiring, plumbing, Wifi & smooth ceilings through out. Lots of natural light. Fenced back yard.
Last Agent to Sell the Property
Crye-Leike, Inc., REALTORS License #207140 Listed on: 11/16/2016
Last Buyer's Agent
Timothy Carlton
Crye-Leike, Inc., REALTORS License #299539
Home Details
Home Type
- Single Family
Year Built
- Built in 1958
Lot Details
- 0.25 Acre Lot
- Wrought Iron Fence
- Wood Fence
- Chain Link Fence
- Landscaped
- Level Lot
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 3,600-3,799 Sq Ft Home
- 3,619 Sq Ft Home
- 2-Story Property
- Built-in Bookshelves
- Smooth Ceilings
- Ceiling Fan
- Factory Built Fireplace
- Gas Log Fireplace
- Fireplace Features Masonry
- Some Wood Windows
- Double Pane Windows
- Mud Room
- Entrance Foyer
- Great Room
- Dining Room
- Home Theater
- Den with Fireplace
- Play Room
- Sun or Florida Room
- Storage Room
- Laundry Room
- Attic Access Panel
Kitchen
- Updated Kitchen
- Second Kitchen
- Breakfast Bar
- Self-Cleaning Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Partially Carpeted
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- Remodeled Bathroom
- 4 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Home Security
- Burglar Security System
- Security Gate
- Storm Windows
- Fire and Smoke Detector
- Iron Doors
Parking
- 2 Car Attached Garage
- Rear-Facing Garage
- Garage Door Opener
Outdoor Features
- Outdoor Storage
- Porch
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Multiple Heating Units
- Vented Exhaust Fan
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
- Cable TV Available
Community Details
- Laurie Lane Third Addition Subdivision
- Building Fire Alarm
Listing and Financial Details
- Assessor Parcel Number 056047 00017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2019
Closed on
Oct 9, 2019
Sold by
Womack Steven M and Womack Pattra M
Bought by
Smiley Linda M
Seller's Agent
Melissa Blume Thompson
eXp Realty
Buyer's Agent
Jennifer & Joel Hobson
Hobson, REALTORS
List Price
$515,000
Sold Price
$507,500
Premium/Discount to List
-$7,500
-1.46%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,483
Avg. Annual Appreciation
4.42%
Purchase Details
Listed on
Nov 16, 2016
Closed on
Dec 19, 2016
Sold by
Two J S Enterprise Llc
Bought by
Womack Steven M and Womack Pattra M
Seller's Agent
Pam Cranford
Crye-Leike, Inc., REALTORS
Buyer's Agent
Timothy Carlton
Crye-Leike, Inc., REALTORS
List Price
$497,000
Sold Price
$489,900
Premium/Discount to List
-$7,100
-1.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.26%
Original Mortgage
$391,920
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 13, 2014
Closed on
Oct 30, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Tow Js Enterprise Llc
Seller's Agent
Kenneth Tate
Tate Realty and Construction
Buyer's Agent
Sonja Tulacz
Crye-Leike, Inc., REALTORS
List Price
$158,000
Sold Price
$154,000
Premium/Discount to List
-$4,000
-2.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.97%
Original Mortgage
$33,120
Interest Rate
4%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 10, 2014
Sold by
Williams Geraldine C
Bought by
Nationstar Mortgage Llc and Champion Mortgage Company
Similar Homes in Memphis, TN
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $507,500 | Realty Title | |
| Warranty Deed | $489,900 | None Available | |
| Special Warranty Deed | $154,000 | Realty Title & Escrow Co Inc | |
| Trustee Deed | $164,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Credit Line Revolving | |
| Previous Owner | $391,920 | New Conventional | |
| Previous Owner | $48,990 | Commercial | |
| Previous Owner | $33,120 | Unknown | |
| Previous Owner | $132,480 | Unknown | |
| Previous Owner | $289,500 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $85,000 | Credit Line Revolving | |
| Previous Owner | $20,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/09/2019 10/09/19 | Sold | $507,500 | -1.5% | $141 / Sq Ft |
| 09/25/2019 09/25/19 | Pending | -- | -- | -- |
| 09/18/2019 09/18/19 | For Sale | $515,000 | +5.1% | $143 / Sq Ft |
| 12/19/2016 12/19/16 | Sold | $489,900 | -1.4% | $136 / Sq Ft |
| 11/30/2016 11/30/16 | Pending | -- | -- | -- |
| 11/16/2016 11/16/16 | For Sale | $497,000 | +222.7% | $138 / Sq Ft |
| 11/17/2014 11/17/14 | Sold | $154,000 | -2.5% | $96 / Sq Ft |
| 10/01/2014 10/01/14 | Pending | -- | -- | -- |
| 08/13/2014 08/13/14 | For Sale | $158,000 | -- | $99 / Sq Ft |
Source: Memphis Area Association of REALTORS®
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 | -- | $170,125 | $20,825 | $149,300 |
| 2024 | $1,142 | $136,925 | $20,825 | $116,100 |
| 2023 | $8,341 | $136,925 | $20,825 | $116,100 |
| 2022 | $8,341 | $136,925 | $20,825 | $116,100 |
| 2021 | $3,715 | $136,925 | $20,825 | $116,100 |
| 2020 | $8,536 | $117,800 | $20,825 | $96,975 |
| 2019 | $3,765 | $117,800 | $20,825 | $96,975 |
| 2018 | $3,765 | $117,800 | $20,825 | $96,975 |
| 2017 | $3,854 | $117,800 | $20,825 | $96,975 |
| 2016 | $2,111 | $48,300 | $0 | $0 |
| 2014 | $2,111 | $48,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2019
Melissa Blume Thompson
eXp Realty
(901) 729-9443
18 in this area
304 Total Sales
-
Buyer's Agent in 2019
Jennifer & Joel Hobson
Hobson, REALTORS
(901) 482-2929
87 in this area
188 Total Sales
-
T
Buyer Co-Listing Agent in 2019
Tonya Mosley
Leasing Angels Inc.
(901) 794-4702
15 in this area
45 Total Sales
-
P
Seller's Agent in 2016
Pam Cranford
Crye-Leike
(901) 550-4324
3 Total Sales
-
T
Buyer's Agent in 2016
Timothy Carlton
Crye-Leike, Inc., REALTORS
-
K
Seller's Agent in 2014
Kenneth Tate
Tate Realty and Construction
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 9990794
APN: 05-6047-0-0017
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Information is deemed reliable but not guaranteed.
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