NOT LISTED FOR SALE

6374 Palomino Dr Arlington, TN 38002

Lakeland Neighborhood

Estimated Value: $440,000 - $514,000

4 Beds
3.5 Baths
2,600-2,799 Sq Ft
$167/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $330,000 $118 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,035/month

Highlights

  • 5.01 Acre Lot
  • Wooded Lot
  • Wood Flooring
  • Lakeland Elementary School Rated A
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of January 2021

This home is located at 6374 Palomino Dr, Arlington, TN 38002 since 20 January 2021 and is currently estimated at $466,733, approximately $179 per square foot. This property was built in 2002. 6374 Palomino Dr is a home located in Shelby County with nearby schools including Lakeland Elementary School, Lakeland Middle Preparatory School, and Arlington High School.

Last Agent to Sell the Property

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE Listed on: 01/20/2021

Last Buyer's Agent

Jan Jones

Groome & Co. License #340539

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,900

Year Built

  • Built in 2002

Lot Details

  • 5.01 Acre Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 1,971 Sq Ft Home
  • 1.1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Great Room
  • Dining Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Double Vanity

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Salem Rd Ranches Subdivision

Listing and Financial Details

  • Assessor Parcel Number L0140 00274

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,900

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 831A
  • MAAR Subdivision Name: SALEM RD RANCHES
  • List Price Per Sq Ft: 167
  • Number Of Stories: 1.1
  • Price Per Sq Ft: 167.43
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1971
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Master Down, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Pantry
  • Master Bedroom Dimensions: 15x14
  • Number Of Fireplaces: 1
  • Total Bathrooms: 3.1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Vinyl Siding, Double Pane Window(s)

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Storage Room(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Wooded, Level
  • Lot Number: PT 5
  • Acreage: 5.01
  • Lot Size: 218235.6 SF 239.83 X 910
  • Price Per Acre: 65868

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: L0140 00274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Jan 20, 2021
Sold by
Barlow Lloyd T and Barlow Dorothy T
Bought by
Crane Joseph R and Crane Holly R
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Jan Jones
Groome & Co.
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$466,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,733
Avg. Annual Appreciation
7.44%
Original Mortgage
$264,000
Outstanding Balance
$218,263
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$241,055

Purchase Details

Closed on
Dec 15, 1999
Sold by
Hogan E J and Hogan Gloria A
Bought by
Barlow Lloyd T and Barlow Dorothy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
7.67%
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
Crane Joseph R $330,000 Edco Ttl & Closing Svcs Inc
Barlow Lloyd T $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crane Joseph R $264,000
Previous Owner Barlow Lloyd T $150,000
Previous Owner Barlow Lloyd T $15,000
Previous Owner Barlow Lloyd T $18,000
Previous Owner Barlow Lloyd T $178,250
Previous Owner Barlow Lloyd T $184,200
Previous Owner Barlow Lloyd T $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $330,000 0.0% $127 / Sq Ft
01/20/2021 01/20/21 For Sale $330,000 -- $127 / 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 $5,900 $123,950 $16,875 $107,075
2024 $5,900 $87,025 $16,225 $70,800
2023 $2,950 $87,025 $16,225 $70,800
2022 $2,950 $87,025 $16,225 $70,800
2021 $6,005 $87,025 $16,225 $70,800
2020 $2,637 $65,100 $14,275 $50,825
2019 $1,614 $65,100 $14,275 $50,825
2018 $2,637 $65,100 $14,275 $50,825
2017 $3,489 $65,100 $14,275 $50,825
2016 $3,491 $60,500 $0 $0
2014 $2,644 $60,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Jan Jones

    Buyer's Agent in 2021

    Jan Jones

    Groome & Co.

    (901) 484-4416

    17 in this area

    233 Total Sales

    Jan Jones
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10092125

Memphis Area Association of REALTORS®

APN: L0-140-0-0274

Tennessee Shelby County Arlington 38002 Lakeland

6374 Palomino Dr, Arlington, TN

This home is located at 6374 Palomino Dr, Arlington, TN 38002 since 20 January 2021 and is currently estimated at $466,733, approximately $166 per square foot. This property was built in 2002. 6374 Palomino Dr is a home located in Shelby County with nearby schools including Lakeland Elementary School, Lakeland Middle Preparatory School, and Arlington High School.

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