NOT LISTED FOR SALE

7242 Easterly Ln Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $242,000 - $295,000

4 Beds
2 Baths
2,000-2,199 Sq Ft
$126/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $127,000 $58 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,590/month

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Breakfast Room
  • Traditional Architecture
  • 1 Fireplace
  • Some Wood Windows

About This Home

As of November 2012

Thank you for viewing this well appointed home. Amenities include attractive brick two story construction, large level lot, secured fenced yard with mature trees, Beaded coffered ceiling in Den/Great Room, Master Suite Down, Great Design Flow, Great Price

Last Agent to Sell the Property

Bryan Evans

Evans Capital Inc. License #265004 Listed on: 07/16/2012

Last Buyer's Agent

Chauncey Burton

Keller Williams License #293468

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,692

Year Built

  • Built in 1990

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,061 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Some Wood Windows
  • Breakfast Room

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Community Details

  • Lake Village Pd Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number D0255G B00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,692

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: LAKE VILLAGE
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2061
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Floors/Ceilings: Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 35
  • Acreage: 0.34
  • Lot Size: 15000SF81.77X165.42 IRR

Tax Info

  • Assessor Parcel Number: D0255G B00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2012
Closed on
Nov 30, 2012
Sold by
Faught Karen C and Burks Karen C
Bought by
Joyner Demetrius D
Seller's Agent
Bryan Evans
Evans Capital Inc.
Buyer's Agent
Chauncey Burton
Keller Williams
List Price
$119,900
Sold Price
$127,000
Premium/Discount to List
$7,100
5.92%
Current Estimated Value
$276,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,157
Avg. Annual Appreciation
6.20%
Original Mortgage
$124,699
Outstanding Balance
$86,396
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$189,761

Purchase Details

Closed on
Feb 18, 2009
Sold by
Burks Damon P
Bought by
Burks Karen C

Purchase Details

Closed on
Jun 1, 1998
Sold by
Kalev Hobe and Kalev Colette A
Bought by
Burks Damon P and Burks Karen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.15%
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
Joyner Demetrius D $127,000 None Available
Burks Karen C -- None Available
Burks Damon P $140,000 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joyner Demetrius D $124,699
Previous Owner Burks Damon P $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2012 11/30/12 Sold $127,000 +5.9% $64 / Sq Ft
09/28/2012 09/28/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $119,900 -- $60 / 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 $1,692 $65,600 $9,625 $55,975
2024 $1,692 $49,925 $9,625 $40,300
2023 $1,692 $49,925 $9,625 $40,300
2022 $1,692 $49,925 $9,625 $40,300
2021 $1,722 $49,925 $9,625 $40,300
2020 $1,403 $34,650 $9,625 $25,025
2019 $1,403 $34,650 $9,625 $25,025
2018 $1,403 $34,650 $9,625 $25,025
2017 $1,424 $34,650 $9,625 $25,025
2016 $1,401 $32,050 $0 $0
2014 $1,401 $32,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Bryan Evans

    Evans Capital Inc.

    Section Image
  • Chauncey Burton

    Buyer's Agent in 2012

    Chauncey Burton

    Keller Williams

    (901) 230-8414

    6 in this area

    42 Total Sales

    Chauncey Burton
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3251997

Memphis Area Association of REALTORS®

APN: D0-255G-B0-0016

Tennessee Shelby County Memphis 38125 Southern Shelby County

7242 Easterly Ln, Memphis, TN

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