NOT LISTED FOR SALE

60 Penny Ln Oakland, TN 38060

Estimated Value: $251,438 - $272,000

3 Beds
2 Baths
1,300 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $244,000 $188 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,407/month

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • Window or Skylight in Bathroom
  • Some Wood Windows
  • Laundry Room

About This Home

As of June 2023

This stylish rental house contains the light-filled living room has gleaming hardwood floors and a classic fireplace. It's adjacent to an eat-in kitchen with new modern appliances and generous counter space. Each bedroom features new carpet and its own ceiling fan. In the master bath, you'll find a spa-style soaking tub for optimal relaxation. This home also features a car garage and a backyard with a spacious deck that's perfect.

Last Agent to Rent the Property

Denise Wessel

Progress Residential Property License #341538 Listed on: 04/11/2023

Last Renter's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $550

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 70x137
  • Wood Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Some Wood Windows
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Window or Skylight in Bathroom

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Oakland Meadows Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087J 087J B03400

Home Details

Home Type

Single Family

Est. Annual Taxes

$550

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: Split/Multi Level- RES
  • MAAR Subdivision Name: OAKLAND MEADOWS SEC B
  • Freestanding: Yes
  • List Price Per Sq Ft: 2
  • Number Of Stories: 1
  • Estimated Sq Ft: 1300
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Sky Light(s) in Bath
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Vented Gas Fireplace
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Equipment: Disposal, Dishwasher, Refrigerator
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Wood Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2A

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric

Lot Info

  • Lot Description: Wood Fenced
  • Lot Number: 79
  • Lot Size: 70X137

Tax Info

  • Assessor Parcel Number: 087J 087J B03400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2019
Sold by
Property Owner 8 Llc
Bought by
Progress Residential Borrower 11 Llc
Current Estimated Value
$258,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,494,000
Outstanding Balance
$375,382,301
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
-$375,123,941

Purchase Details

Listed on
Oct 3, 2018
Closed on
Nov 16, 2018
Sold by
Voller Jeffrey L and Voller Jeff L
Bought by
Property Owner 8 Llc
Seller's Agent
Brooke Redmon Benton
Action Realty
Buyer's Agent
Rose Ann Cole
REMAX Experts
List Price
$169,900
Sold Price
$161,000
Premium/Discount to List
-$8,900
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%

Purchase Details

Closed on
Jan 7, 2004
Bought by
Burkett Homes Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Progress Residential Borrower 11 Llc -- None Available
Property Owner 8 Llc $161,000 Realty Title & Escrow Co Inc
Burkett Homes Inc $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Residential Borrower 11 Llc $428,494,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2023 06/01/23 Rented $1,955 +0.3% --
04/21/2023 04/21/23 Under Contract -- -- --
04/11/2023 04/11/23 Price Changed $1,950 +1.3% $2 / Sq Ft
04/11/2023 04/11/23 For Rent $1,925 0.0% --
05/19/2022 05/19/22 Sold $244,000 +13.5% $203 / Sq Ft View Prior Sale
04/24/2022 04/24/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $215,000 0.0% $179 / Sq Ft
01/25/2019 01/25/19 Rented $1,405 0.0% --
01/14/2019 01/14/19 Under Contract -- -- --
12/27/2018 12/27/18 For Rent $1,405 0.0% --
11/16/2018 11/16/18 Sold $161,000 -5.2% $134 / Sq Ft View Prior Sale
10/05/2018 10/05/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $169,900 -- $142 / 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
2024 $550 $43,375 $9,500 $33,875
2023 $1,120 $43,375 $0 $0
2022 $743 $43,375 $9,500 $33,875
2021 $743 $43,375 $9,500 $33,875
2020 $497 $43,375 $9,500 $33,875
2019 $669 $32,975 $7,500 $25,475
2018 $688 $32,975 $7,500 $25,475
2017 $579 $32,975 $7,500 $25,475
2016 $576 $30,300 $7,500 $22,800
2015 $577 $30,300 $7,500 $22,800
2014 $577 $30,300 $7,500 $22,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2023

    Denise Wessel

    Progress Residential Property

    Section Image

  • N

    Tenant's Agent in 2023

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Annie Taylor

    Seller's Agent in 2022

    Annie Taylor

    Crye-Leike

    (901) 517-0101

    86 Total Sales

    Annie Taylor
    Section Image
  • MICHELLE CAMPBELL

    Buyer's Agent in 2022

    MICHELLE CAMPBELL

    Keller Williams Realty

    (901) 800-8098

    99 Total Sales

    MICHELLE CAMPBELL
    Section Image

  • S

    Seller's Agent in 2019

    Shatara Moore

    Progress Residential Property

  • Brooke Redmon Benton

    Seller's Agent in 2018

    Brooke Redmon Benton

    Action Realty

    (731) 610-4197

    279 Total Sales

    Brooke Redmon Benton
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10145615

Memphis Area Association of REALTORS®

APN: 087J-B-034.00

Tennessee Fayette County Oakland 38060

60 Penny Ln, Oakland, TN

Not Listed for Sale

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