NOT LISTED FOR SALE

586 Lancelot Ln Collierville, TN 38017

Estimated Value: $371,661 - $404,000

3 Beds
2 Baths
2,192 Sq Ft
$178/Sq Ft Est. Value

Sale Details

Date Sold: January 26, 2018

Last sale price $247,500 $113 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,276 / mo

52 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Keeping Room
  • Tara Oaks Elementary School Rated A
  • Den
  • 2 Car Attached Garage

About This Home

As of January 2018

This home has many updates/improvements. Freshly painted exterior/interior, new tile in the bathrooms, kitchen and utility room, new carpet, and new hand scraped hardwood floors. New lighting fixtures and recessed can lighting added in den and master bedroom. Kitchen and bathroom cabinets freshly painted with new hardware. The second bathroom has been totally renovated with new tub, tile surround, tile floors and vanity counter tops. Built in bookcases in den. Sun room is open and airy.

Last Agent to Sell the Property

Polly Shipley

Crye-Leike, Inc., REALTORS License #253172 Listed on: 11/14/2017

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Steve Boysen

Crye-Leike, Inc., REALTORS License #220982

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 14,810 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Wooded Lot

Home Design

  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,192 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Dining Room
  • Den
  • Keeping Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

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

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • 220 Volts
  • Cable TV Available

Community Details

  • Oak Village Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number C0245S A00025

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0.34 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • Cross Street: Fletcher
  • MAAR Subdivision Name: OAK VILLAGE SEC A
  • List Price Per Sq Ft: 114
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2192
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Keeping/Hearth Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Pantry, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Primary Bathroom Description: 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: Patio, Wood Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2A
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas, Dual System
  • Water Sewer: Public Water

Lot Info

  • Lot Description: Wooded, Level, Wood Fenced
  • Lot Number: 25
  • Acreage: 0.34
  • Keeping Hearth Dimension: 15x15
  • Lot Size: 118 X 127.23/127.06

Tax Info

  • Assessor Parcel Number: C0245S A00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2024
Sold by
Gerstel Kenneth A and Gerstel Diane L
Bought by
Gerstel Family Trust and Gerstel
Current Estimated Value
$389,165

Purchase Details

Closed on
Jun 16, 2022
Sold by
Rei Nation Llc
Bought by
Gerstel Kenneth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2022
Sold by
Midsouth Invest Llc
Bought by
Rei Nation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.22%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 25, 2022
Sold by
Washington Lisa G
Bought by
Midsouth Invest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.22%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 14, 2017
Closed on
Jan 23, 2018
Sold by
Gaia Charles L and Gaia Nicole L
Bought by
Washington Lisa G
Seller's Agent
Polly Shipley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Steve Boysen
Crye-Leike, Inc., REALTORS
List Price
$250,000
Sold Price
$247,500
Premium/Discount to List
-$2,500
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$243,016
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2016
Sold by
Hurt Rebecca D
Bought by
Gaia Charles L and Gaia Nicole L

Purchase Details

Closed on
Jun 16, 1995
Bought by
Hurt Robert F and Hurt Rebecca D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gerstel Family Trust -- None Listed On Document
Gerstel Kenneth A $375,000 Christopher J Thornton Pc
Rei Nation Llc $307,000 Apperson Crump Plc
Midsouth Invest Llc $264,664 Apperson Crump Plc
Washington Lisa G $247,500 Realty Title
Gaia Charles L $125,000 None Available
Hurt Robert F $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerstel Kenneth A $281,250
Previous Owner Midsouth Invest Llc $285,000
Previous Owner Washington Lisa G $243,016
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2018 01/26/18 Sold $247,500 -1.0% $113 / Sq Ft
01/05/2018 01/05/18 Pending -- -- --
11/14/2017 11/14/17 For Sale $250,000 0.0% $114 / Sq Ft
01/04/2012 01/04/12 Rented $1,500 -6.3% --
01/04/2012 01/04/12 Under Contract -- -- --
12/05/2011 12/05/11 For Rent $1,600 -- --
Source: Memphis Area Association of REALTORS®

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 $2,560 $104,075 $14,350 $89,725
2024 $2,560 $75,525 $14,350 $61,175
2023 $2,560 $75,525 $14,350 $61,175
2022 $3,859 $75,525 $14,350 $61,175
2021 $4,532 $75,525 $14,350 $61,175
2019 $2,340 $57,775 $14,350 $43,425
2018 $2,340 $57,775 $14,350 $43,425
2017 $3,316 $57,775 $14,350 $43,425
2016 $2,050 $46,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10015538

Memphis Area Association of REALTORS®

APN: C0-245S-A0-0025

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