NOT LISTED FOR SALE

7384 Palgrave Ln Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $192,000 - $211,256

3 Beds
2 Baths
1,350 Sq Ft
$146/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $94,900 $70 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,111/month

About This Home

As of April 2024

7384 Palgrave Ln is located in Southeast Memphis. With 3 bedrooms and 2 bathrooms, this home offers 1,350 sq ft of living space. Recently updated and conveniently located, this home is a must-see

Last Agent to Rent the Property

Jerry Thornton

Premier Property Management Gr License #325902 Listed on: 02/13/2024

Last Renter's Agent

Jerry Thornton

Premier Property Management Gr License #325902 Listed on: 02/13/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $933

Year Built

  • Built in 1978

Lot Details

  • 0.36 Acre Lot

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Burlington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093511 B00018C

Home Details

Home Type

Single Family

Est. Annual Taxes

$933

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MAAR Subdivision Name: BURLINGTON
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1350
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1

Lot Info

  • Lot Number: 89
  • Acreage: 0.36
  • Lot Size: 15900 SF 75 X 212

Tax Info

  • Assessor Parcel Number: 093511 B00018C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Mar 20, 2024
Sold by
Rei Nation Llc
Bought by
Holt David and Holt Julie
Seller's Agent
Jerry Thornton
Premier Property Management Gr
Buyer's Agent
Jerry Thornton
Premier Property Management Gr
Sold Price
$1,575
Views
100
Current Estimated Value
$197,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,739
Original Mortgage
$147,000
Outstanding Balance
$144,619
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$52,695

Purchase Details

Closed on
Jan 2, 2024
Sold by
Palgrave Trust
Bought by
Rei Nation Llc

Purchase Details

Closed on
Feb 9, 2015
Sold by
Forehlich Shelley Marie and Forehlich David
Bought by
S & D Holdings Llc and Palgrave Trust

Purchase Details

Listed on
Jul 25, 2014
Closed on
Nov 13, 2014
Sold by
Memphis Invest Gp
Bought by
Froehlich Shelley Marie and Froehlich David E
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$94,900
Sold Price
$94,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$70,080
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2014
Sold by
Justin Properties Llc
Bought by
Memphis Invest Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,575
Interest Rate
4.24%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 6, 2014
Sold by
Spann Tonia
Bought by
Justin Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,575
Interest Rate
4.24%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 29, 2002
Sold by
Foy Thomas Wayne and Foy Susan Grace
Bought by
Spann Tonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,316
Interest Rate
7.12%
Mortgage Type
FHA
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
Holt David $210,000 None Listed On Document
Rei Nation Llc $146,000 None Listed On Document
S & D Holdings Llc -- Attorney
Froehlich Shelley Marie $94,900 None Available
Memphis Invest Gp $25,000 None Available
Justin Properties Llc $12,500 None Available
Spann Tonia $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt David $147,000
Previous Owner Froehlich Shelley Marie $70,080
Previous Owner Memphis Invest Gp $2,575
Previous Owner Spann Tonia $82,316
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2024 04/19/24 Rented $1,575 0.0% --
02/13/2024 02/13/24 For Rent $1,575 0.0% --
11/14/2014 11/14/14 Sold $94,900 0.0% $79 / Sq Ft View Prior Sale
07/25/2014 07/25/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $94,900 -- $79 / 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 $933 $52,750 $11,250 $41,500
2024 $933 $27,525 $5,825 $21,700
2023 $933 $27,525 $5,825 $21,700
2022 $1,677 $27,525 $5,825 $21,700
2021 $1,696 $27,525 $5,825 $21,700
2020 $1,371 $18,925 $5,825 $13,100
2019 $1,371 $18,925 $5,825 $13,100
2018 $1,371 $18,925 $5,825 $13,100
2017 $778 $18,925 $5,825 $13,100
2016 $777 $17,775 $0 $0
2014 $777 $17,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2024

    Jerry Thornton

    Premier Property Management Gr

    (901) 751-7979

    8 Total Sales

    Jerry Thornton
    Section Image

  • M

    Seller's Agent in 2014

    Mark Saller

    Reedy Group II, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10165814

Memphis Area Association of REALTORS®

APN: 09-3511-B0-0018C

Tennessee Shelby County Memphis 38125 Southern Shelby County

7384 Palgrave Ln, Memphis, TN

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