NOT LISTED FOR SALE

587 Lynncrest St Memphis, TN 38122

Audubon Park Neighborhood

Estimated Value: $120,000 - $154,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$112/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $107,000 $89 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $849/month

22 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Built-in Bookshelves
  • Traditional Architecture
  • Some Wood Windows
  • Breakfast Bar

About This Home

As of August 2014

So much for so little! A real gem tucked away in great neighborhood within walking distance to High Point Terrace and Greenline! BEAUTIFUL UPGRADES! Granite counters, new cabinets, ALL appliances stay! Updated bath, tile shower & glass doors, hardwood floors throughout, designer lighting, security system. AWESOME detached man cave (400+ sq. ft), surround sound behind carport (heated and cooled), HUGE patio, new privacy fence, built-ins, workshop/storage. 3 covered parking spots in back. Wow!

Last Agent to Sell the Property

Jolynna Morales

Groome & Co. License #293097 Listed on: 07/13/2014

Last Buyer's Agent

Robert Grisham

Bluff City Realty Group, LLC License #322147

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $773

Year Built

  • Built in 1948

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60 x 135
  • Wood Fence
  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 955 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Smooth Ceilings
  • Ceiling Fan
  • Some Wood Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Storm Doors
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Parking Spaces
  • Workshop in Garage
  • Covered Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Summer Avenue Garden Subdivision

Listing and Financial Details

  • Assessor Parcel Number 044092 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$773

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752E
  • MAAR Subdivision Name: SUMMER AVE GARDENS
  • List Price Per Sq Ft: 115
  • Number Of Stories: 1
  • Price Per Sq Ft: 112.04
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 955
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Pantry, W/D Connection in Kitchen
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Security System, Smoke Detector(s), Monitored Alarm
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Built-In Cabinets/Bkcases, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Patio, Wood Fence, Storage
  • Exterior Windows: Brick Veneer, Wood Window(s), Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: More than 3 Coverd Spaces, Storage Room(s), Workshop(s)

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Security: Monitored Alarm System
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Landscaped, Wood Fenced
  • Lot Number: 40
  • Acreage: 0.18
  • Lot Size: 60 X 135
  • Price Per Acre: 610556

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 044092 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2020
Sold by
Harris James Jeremy
Bought by
Harris James Jeremy and Carrasco Harris Malle
Current Estimated Value
$143,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Outstanding Balance
$80,631
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$66,742

Purchase Details

Listed on
Jul 13, 2014
Closed on
Aug 27, 2014
Sold by
Sudduth Paul A and Sudduth Jacqueline D
Bought by
Harris James Jeremy and Harris Thomas Ervin
Seller's Agent
Jolynna Morales
Groome & Co.
Buyer's Agent
Robert Grisham
Bluff City Realty Group, LLC
List Price
$109,900
Sold Price
$107,000
Premium/Discount to List
-$2,900
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%
Original Mortgage
$103,785
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2011
Sold by
Sudduth Paul A and Sudduth Jacqueline D
Bought by
Sudduth Paul A and Sudduth Jacqueline D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2004
Sold by
Faulkner Gwendolyn Baggett
Bought by
Sudduth Paul A and Sudduth Harry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,529
Interest Rate
5.63%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2004
Sold by
Stubblefield Sandra B
Bought by
Faulkner Gwendolyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,529
Interest Rate
5.63%
Mortgage Type
FHA
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
Harris James Jeremy -- Servicelink
Harris James Jeremy -- Servicelink
Harris James Jeremy $107,000 Erickson Title & Closing Llc
Sudduth Paul A -- None Available
Sudduth Paul A $60,000 --
Faulkner Gwendolyn B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris James Jeremy $90,400
Closed Harris James Jeremy $103,785
Previous Owner Sudduth Paul A $56,000
Previous Owner Sudduth Paul A $59,529
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $107,000 -2.6% $107 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
07/13/2014 07/13/14 For Sale $109,900 -- $110 / 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 $773 $30,725 $4,700 $26,025
2024 $773 $22,800 $2,600 $20,200
2023 $1,389 $22,800 $2,600 $20,200
2022 $1,389 $22,800 $2,600 $20,200
2021 $1,405 $22,800 $2,600 $20,200
2020 $1,201 $16,575 $2,375 $14,200
2019 $1,201 $16,575 $2,375 $14,200
2018 $1,201 $16,575 $2,375 $14,200
2017 $681 $16,575 $2,375 $14,200
2016 $976 $22,325 $0 $0
2014 $683 $15,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jolynna Morales

    Seller's Agent in 2014

    Jolynna Morales

    Groome & Co.

    (901) 674-5765

    5 in this area

    64 Total Sales

    Section Image

  • R

    Buyer's Agent in 2014

    Robert Grisham

    Bluff City Realty Group, LLC

    (901) 230-1255

    2 in this area

    52 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9931253

Memphis Area Association of REALTORS®

APN: 04-4092-0-0009

Tennessee Shelby County Memphis 38122 Audubon Park

587 Lynncrest St, Memphis, TN

This home is located at 587 Lynncrest St, Memphis, TN 38122 since 13 July 2014 and is currently estimated at $134,469, approximately $112 per square foot. This property was built in 1948. 587 Lynncrest St is a home located in Shelby County with nearby schools including Grahamwood Elementary School, Treadwell Middle School, and Kingsbury High School.

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