NOT LISTED FOR SALE

70 Penny Ln Oakland, TN 38060

Estimated Value: $282,000 - $291,000

3 Beds
2 Baths
1,586 Sq Ft
$180/Sq Ft Est. Value

Last Sold February 22, 2018

Last sale price $162,000 $102 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,561/month

Highlights

  • Deck
  • Eat-In Kitchen
  • Laundry Room
  • 2 Car Attached Garage
  • Walk-In Closet
  • Entrance Foyer

About This Home

As of February 2023

Don't miss out on this Oakland rental home with ample living space as well as a fenced backyard. In the living room, a gas fireplace delivers warmth and style on chilly winter nights. Modern appliances grace the kitchen. Imagine enjoying breakfast on the spacious front porch with a view of the verdant front yard. In the main bedroom, an overhead fan ensures comfort while you sleep at night. The vinyl plank flooring offers convenience.

Last Agent to Rent the Property

Denise Wessel

Progress Residential Property License #341538 Listed on: 01/31/2023

Last Renter's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $654

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 70x137
  • Wood Fence

Interior Spaces

  • 1,586 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Additional Features

  • Deck
  • Central Heating and Cooling System

Community Details

  • Oakland Meadows Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087J 087J B03300

Home Details

Home Type

Single Family

Est. Annual Taxes

$654

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MAAR Subdivision Name: OAKLAND MEADOWS SEC B
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1.5
  • Estimated Sq Ft: 1586
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Living Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Equipment: Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Eat-In Kitchen
  • Misc Interior: Walk-In Closet(s), Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall

Exterior Features

  • Misc Exterior: Deck

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Ceiling Fan(s), Central
  • Heating: Central
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Lot Description: Wood Fenced
  • Lot Number: 78
  • Lot Size: 70X137

Tax Info

  • Assessor Parcel Number: 087J 087J B03300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2024
Sold by
Sfr Inv V Borrower 1 Llc
Bought by
Progress Residential Borrower 25 Llc
Current Estimated Value
$285,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$774,310,000
Outstanding Balance
$581,131,736
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$580,845,996

Purchase Details

Closed on
Jun 28, 2022
Sold by
William Edward Gresko Revocable Living T
Bought by
Sfr Investments V Borrower 1 Llc

Purchase Details

Closed on
Apr 24, 2018
Sold by
Gresko William E
Bought by
Gresko Willim Edward and The William Edward Gresko Revocable Livi

Purchase Details

Listed on
Feb 13, 2018
Closed on
Mar 1, 2018
Sold by
Churchwell James Gerry
Bought by
Gresko William E
Seller's Agent
Gloria Jones
Morris and Morris
Buyer's Agent
Cindy Elliott
John Green & Co., REALTORS
List Price
$164,800
Sold Price
$162,000
Premium/Discount to List
-$2,800
-1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Mar 10, 2005
Sold by
Burkett Homes Inc
Bought by
Churchwell James Gerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,900
Interest Rate
5.6%

Purchase Details

Closed on
Aug 26, 2004
Bought by
Burkett Homes Inc

Purchase Details

Closed on
Jan 23, 2004
Bought by
Charles Yoon Construction Co 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 25 Llc -- Selene Title
Sfr Investments V Borrower 1 Llc $299,900 None Listed On Document
Gresko Willim Edward -- None Available
Gresko William E $162,000 None Available
Churchwell James Gerry $147,900 --
Burkett Homes Inc $59,500 --
Charles Yoon Construction Co Inc $282,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Residential Borrower 25 Llc $774,310,000
Previous Owner Charles Yoon Construction Co Inc $147,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2023 02/27/23 Rented $1,910 0.0% --
02/13/2023 02/13/23 Under Contract -- -- --
02/07/2023 02/07/23 Price Changed $1,910 -2.8% $1 / Sq Ft
02/06/2023 02/06/23 Price Changed $1,965 +3.7% $1 / Sq Ft
02/02/2023 02/02/23 Price Changed $1,895 +0.3% $1 / Sq Ft
01/31/2023 01/31/23 For Rent $1,890 0.0% --
02/22/2018 02/22/18 Sold $162,000 -1.7% $116 / Sq Ft View Prior Sale
02/20/2018 02/20/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $164,800 +29.9% $118 / Sq Ft
11/27/2017 11/27/17 Sold $126,900 0.0% $127 / Sq Ft View Prior Sale
11/12/2017 11/12/17 Pending -- -- --
10/12/2017 10/12/17 For Sale $126,900 -- $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
2024 $654 $51,600 $9,500 $42,100
2023 $1,332 $51,600 $0 $0
2022 $883 $51,600 $9,500 $42,100
2021 $874 $51,050 $9,500 $41,550
2020 $614 $51,050 $9,500 $41,550
2019 $827 $40,725 $7,500 $33,225
2018 $850 $40,725 $7,500 $33,225
2017 $725 $40,725 $7,500 $33,225
2016 $721 $37,850 $7,500 $30,350
2015 $720 $37,850 $7,500 $30,350
2014 $720 $37,850 $7,500 $30,350
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

  • G

    Seller's Agent in 2018

    Gloria Jones

    Morris and Morris

    Section Image
  • Cindy Elliott

    Buyer's Agent in 2018

    Cindy Elliott

    John Green & Co., REALTORS

    (901) 351-6244

    68 Total Sales

    Cindy Elliott
    Section Image
  • Dewey Dillard

    Seller's Agent in 2017

    Dewey Dillard

    Groome & Co.

    (901) 218-1958

    45 Total Sales

    Dewey Dillard
    Section Image
  • Pat Goldstein

    Buyer's Agent in 2017

    Pat Goldstein

    Crye-Leike

    (901) 606-2000

    85 Total Sales

    Pat Goldstein
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10141253

Memphis Area Association of REALTORS®

APN: 087J-B-033.00

Tennessee Fayette County Oakland 38060

70 Penny Ln, Oakland, TN

Not Listed for Sale

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