NOT LISTED FOR SALE

7251 Nicholas Ln Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $268,000 - $312,000

3 Beds
2.5 Baths
2,223 Sq Ft
$132/Sq Ft Est. Value

Last Sold September 03, 2013

Last sale price $140,000 $63 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,720/month

Highlights

  • All Bedrooms Downstairs
  • Whirlpool Bathtub
  • 2 Car Attached Garage
  • Main Floor Primary Bedroom
  • Bonus Room
  • Eat-In Kitchen

About This Home

As of June 2015

Available now! Rare rental in desirable Pinnancle Point Subdivision. Features include split floorplan; new tile floor kitchen; neutral wall & carpeting colors throughout; HUGE den/dining room combo w/gas fireplace; eat in kitchen w/breakfast bar; salon master bath w/dual vanity, oversized stand up shower, Jacuzzi tub, and walk in closet; office w/built in bookcases at upstairs landing; Bonus Room; and large private backyard with patio & fence.

Last Agent to Rent the Property

Kim Love

Crye-Leike Property Management License #277042 Listed on: 05/07/2015

Crye-Leike Property Management

Last Renter's Agent

Gay Young

eXp Realty, LLC License #309180

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,840

Year Built

  • Built in 2006

Lot Details

  • 0.33 Acre Lot
  • Wood Fence
  • Level Lot
  • Few Trees

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,223 Sq Ft Home
  • 1.5-Story Property
  • Factory Built Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • All Bedrooms Down
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Pinnacle Point 1St Addn Ph 3 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number D0255Q F00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,840

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 789C
  • MAAR Subdivision Name: PINNACLE POINT 1ST ADD PH3
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 0.61
  • Estimated Sq Ft: 2223
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: Prefabricated
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Patio
  • 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: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced
  • Lot Number: 118
  • Acreage: 0.33
  • Lot Size: 109.26 X 125 IRR
  • Price Per Acre: 4091

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: D0255Q F00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2019
Sold by
Progress Residential Borrower 7 Llc
Bought by
Progress Residential Borrower 7 Llc
Current Estimated Value
$294,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,054,000
Outstanding Balance
$420,351,622
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
-$420,051,223

Purchase Details

Listed on
Jul 1, 2013
Closed on
Aug 30, 2013
Sold by
Ba Saidou
Bought by
Freo Tennessee Llc
Seller's Agent
Harriet Bradley
REMAX Experts
Buyer's Agent
M. Scott Bettis
Crye-Leike Commercial
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
Jul 28, 2008
Sold by
Liquidation Properties Inc
Bought by
Ba Saidou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,960
Interest Rate
6.43%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2007
Sold by
Washington Robert
Bought by
Liquidation Properties Inc

Purchase Details

Closed on
Aug 9, 2006
Sold by
Bowden Building Corp
Bought by
Washington Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,360
Interest Rate
9.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2003
Sold by
Rusco Co
Bought by
David Miller Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,500
Interest Rate
5.82%
Mortgage Type
Construction
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
Progress Residential Borrower 7 Llc -- None Available
Freo Tennessee Llc $140,000 Realty Title & Escrow Co
Ba Saidou $132,000 Landcastle Title Llc
Liquidation Properties Inc $127,500 None Available
Washington Robert $191,360 Southern Trust Title Company
David Miller Llc $280,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ba Saidou $129,960
Previous Owner Washington Robert $191,360
Previous Owner David Miller Llc $280,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2015 06/12/15 Rented $1,350 0.0% --
06/01/2015 06/01/15 Under Contract -- -- --
05/07/2015 05/07/15 For Rent $1,350 0.0% --
11/14/2013 11/14/13 Rented $1,350 0.0% --
11/14/2013 11/14/13 Under Contract -- -- --
10/25/2013 10/25/13 For Rent $1,350 0.0% --
09/03/2013 09/03/13 Sold $140,000 -6.6% $64 / Sq Ft View Prior Sale
08/23/2013 08/23/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $149,900 -- $68 / 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 $1,840 $68,475 $14,875 $53,600
2024 $1,840 $54,275 $8,750 $45,525
2023 $1,840 $54,275 $8,750 $45,525
2022 $1,840 $54,275 $8,750 $45,525
2021 $1,872 $54,275 $8,750 $45,525
2020 $1,301 $32,125 $8,750 $23,375
2019 $1,301 $32,125 $8,750 $23,375
2018 $1,301 $32,125 $8,750 $23,375
2017 $1,320 $32,125 $8,750 $23,375
2016 $1,244 $28,475 $0 $0
2014 $1,244 $28,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2015

    Kim Love

    Crye-Leike

    (901) 598-0673

    Kim Love
    Section Image
  • Gay Young

    Tenant's Agent in 2015

    Gay Young

    eXp Realty, LLC

    (901) 581-6118

    3 in this area

    221 Total Sales

    Gay Young
    Section Image

  • H

    Seller's Agent in 2013

    Harriet Bradley

    RE/MAX

    Section Image

  • M

    Buyer's Agent in 2013

    M. Scott Bettis

    Crye-Leike

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9951490

Memphis Area Association of REALTORS®

APN: D0-255Q-F0-0013

Tennessee Shelby County Memphis 38125 Southern Shelby County

7251 Nicholas Ln, Memphis, TN

This home is located at 7251 Nicholas Ln, Memphis, TN 38125 since 07 May 2015 and is currently priced at $294,337. This property was built in 2006. 7251 Nicholas Ln is a home located in Shelby County with nearby schools including Highland Oaks Elementary School, Highland Oaks Middle School, and Southwind High School.

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