NOT LISTED FOR SALE

689 Lancelot Ln Collierville, TN 38017

Estimated Value: $450,620 - $493,000

5 Beds
3 Baths
3,000-3,199 Sq Ft
$148/Sq Ft Est. Value

Last Sold July 29, 2015

Last sale price $256,800 $80 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,816/month

Highlights

  • Two Primary Bedrooms
  • Landscaped Professionally
  • Traditional Architecture
  • Tara Oaks Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of July 2015

PRICED TOO LOW FOR A FAST SALE!! NEW EVERYTHING! New Hardwood Floors! Complete New Plumbing! New Stainless Steel Appliances! New Carpet! New Baths with Tile, Custom Cabinets & Custom Counter Tops! New Rennai Tankless Water Heater! Two Bedrooms Downstairs! Upstairs has Three Bedrooms and a Bonus Room with a Private Balcony! HUGE Corner Lot that is over a Half Acre! Professionally Landscaped Fenced Back Yard with a shaded deck! Plus the BEST PUBLIC SCHOOLS in Shelby County! Call Ed Reak TODAY!

Last Agent to Sell the Property

Edward Reak

Westin Properties, LLC License #226650 Listed on: 07/13/2015

Last Buyer's Agent

Bob Timm

Crye-Leike, Inc., REALTORS License #233829

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,786

Year Built

  • Built in 1985

Lot Details

  • 0.62 Acre Lot
  • Wood Fence
  • Landscaped Professionally
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,109 Sq Ft Home
  • 1.5-Story Property
  • Fireplace Features Masonry
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Den
  • Library
  • Bonus Room
  • Storage Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Termite Clearance
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Oak Village Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number C0245S A00052

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,786

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Fletcher Road
  • MLS Map #: 873E
  • MAAR Subdivision Name: OAK VILLAGE SEC A
  • List Price Per Sq Ft: 80
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 82.6
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3109
  • Termite Contract: Yes
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Primary Up, Two Primaries, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 2
  • Bedroom 4 Description: Level 2
  • Bedroom 5 Description: Level 2
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Masonry
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Double Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Walk-In Attic
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Library/Study, Bonus Room, Entry Hall, Attic, Storage Room
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Separate Shower, 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: Wrought Iron Security Drs, Patio, Deck, Balcony, Wood Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Dual System
  • Heating: Central, Gas, Dual System
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees, Level, Corner, Professionally Landscaped, Wood Fenced
  • Lot Number: 69
  • Acreage: 0.62
  • Lot Size: 151.445/107.53 X 181.48/151.535
  • Price Per Acre: 401613

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: C0245S A00052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2015
Closed on
Jul 30, 2015
Sold by
Michie Michael D and Michie Mary E
Bought by
Allen Brittany Marie and Allen Larry N
Seller's Agent
Edward Reak
Westin Properties, LLC
Buyer's Agent
Bob Timm
Crye-Leike, Inc., REALTORS
List Price
$249,000
Sold Price
$256,800
Premium/Discount to List
$7,800
3.13%
Current Estimated Value
$474,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,355
Avg. Annual Appreciation
6.01%
Original Mortgage
$252,148
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 2002
Sold by
King Ronald R
Bought by
Michie Michael D and Michie Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.8%
Source: Public Records

Range of Values:

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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
Allen Brittany Marie $256,800 Realty Title
Michie Michael D $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Brittany Marie $237,500
Closed Allen Brittany Marie $252,148
Previous Owner Michie Michael D $40,000
Previous Owner Michie Michael D $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2015 07/29/15 Sold $256,800 +3.1% $86 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $249,000 -- $83 / 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 $2,786 $106,375 $15,525 $90,850
2024 $2,786 $82,175 $15,525 $66,650
2023 $4,298 $82,175 $15,525 $66,650
2022 $4,199 $82,175 $15,525 $66,650
2021 $4,248 $82,175 $15,525 $66,650
2020 $3,881 $66,000 $15,525 $50,475
2019 $2,673 $66,000 $15,525 $50,475
2018 $2,673 $66,000 $15,525 $50,475
2017 $2,713 $66,000 $15,525 $50,475
2016 $2,455 $56,175 $0 $0
2014 $2,455 $56,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9956714

Memphis Area Association of REALTORS®

APN: C0-245S-A0-0052