NOT LISTED FOR SALE

7274 Nicholas Ln Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $362,000 - $396,000

5 Beds
3 Baths
3,200-3,399 Sq Ft
$110/Sq Ft Est. Value

Last Sold January 31, 2012

Last sale price $155,000 $46 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,195/month

23 Days on Market

Highlights

  • Fireplace in Hearth Room
  • Main Floor Primary Bedroom
  • Bonus Room
  • Traditional Architecture
  • Whirlpool Bathtub
  • Great Room

About This Home

As of January 2012

Do you need a 5 bedroom/3 bath home that also has a Gathering Room AND a Bonus Room? Lots of space in this Pinnacle Point brick home. Needs some work but look what you're getting!! Two bedrooms down/three bedrooms up. 2 car garage. TAKE A LOOK!!

Last Agent to Sell the Property

Arleene Dick

Crye-Leike, Inc., REALTORS License #248837 Listed on: 11/07/2011

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Clarence Dickson

BEST Real Estate Company License #323132

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75 x 125
  • Wood Fence
  • Landscaped
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,390 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace in Hearth Room
  • Great Room
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Bonus Room
  • Keeping Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Two cooling system units
  • 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 F00004

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: PINNACLE POINT 1ST ADD PH3
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3390
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: In Den/Great Room, In Keeping/Hearth room
  • Floors/Ceilings: Part Carpet, Tile, Vinyl Floor
  • Full Bathrooms: 3
  • Equipment: Double Oven, Cooktop, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Dining Room, Great Room, Breakfast Bar, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Bonus Room
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central

Association/Amenities

  • Annual Association Fee: 50
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Landscaped, Wood Fenced
  • Lot Number: 109
  • Acreage: 0.21
  • Keeping Hearth Dimension: 13x13
  • Lot Size: 75 X 125

Tax Info

  • Assessor Parcel Number: D0255Q F00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2011
Sold by
Neely Kenneth L and Neely Maylon
Bought by
U S Bank National Association
Current Estimated Value
$377,147

Purchase Details

Closed on
Mar 27, 2003
Sold by
Bowden Building Corp
Bought by
Neely Kenneth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,840
Interest Rate
5.82%

Purchase Details

Closed on
Nov 8, 2002
Sold by
Rusco Company
Bought by
Bowden Building Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.98%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
U S Bank National Association $128,350 None Available
Neely Kenneth L $202,990 Memphis Title Company
Bowden Building Corp $33,500 Memphis Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neely Kenneth L $192,840
Previous Owner Bowden Building Corp $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2012 01/31/12 Sold $155,000 -13.9% $48 / Sq Ft
11/30/2011 11/30/11 Pending -- -- --
11/07/2011 11/07/11 For Sale $179,950 -- $56 / 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 $2,503 $91,300 $14,875 $76,425
2024 $2,503 $73,825 $8,750 $65,075
2023 $2,503 $73,825 $8,750 $65,075
2022 $2,503 $73,825 $8,750 $65,075
2021 $2,547 $73,825 $8,750 $65,075
2020 $1,745 $43,075 $8,750 $34,325
2019 $1,745 $43,075 $8,750 $34,325
2018 $1,745 $43,075 $8,750 $34,325
2017 $1,770 $43,075 $8,750 $34,325
2016 $1,514 $34,650 $0 $0
2014 $1,514 $34,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Arleene Dick

    Crye-Leike

    Section Image

  • C

    Buyer's Agent in 2012

    Clarence Dickson

    BEST Real Estate Company

    (901) 643-9729

    4 in this area

    43 Total Sales

    Clarence Dickson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3235574

Memphis Area Association of REALTORS®

APN: D0-255Q-F0-0004

Tennessee Shelby County Memphis 38125 Southern Shelby County

7274 Nicholas Ln, Memphis, TN

Not Listed for Sale

Detached

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