NOT LISTED FOR SALE

745 Margo Ln Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $172,932 - $215,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$120/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2012

Last sale price $104,750 $66 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,118 / mo

45 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Separate Formal Living Room
  • 0.47 Acre Lot
  • Wood Flooring
  • Great Room

About This Home

As of May 2012

End of cul de sac, immaculately kept & maintained home plus AWESOME detached 36 x 21 garage! Updated kitchen opened to large greatroom, beautiful hardwoods throughout, 2 full baths, 16x10 screened/glass porch. Dimensional roof (1 layer)in 2008.

Last Agent to Sell the Property

Laura Helms

Adaro Realty, Inc. License #236946 Listed on: 03/21/2012

Last Buyer's Agent

Cheryl Rogers

REMAX Experts License #303912

REMAX Experts

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • 20,473 Sq Ft Lot
  • Chain Link Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,553 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Den
  • Screened Porch
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Storm Windows
  • Fire and Smoke Detector
  • Termite Clearance
  • Iron Doors

Parking

  • 3 Car Detached Garage
  • Workshop in Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Cove
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Margo Lane First Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 054004 00060

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

0.47 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: OWEN
  • MAAR Subdivision Name: MARGO LANE 1ST ADD
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1553
  • Termite Contract: Yes
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling, Sprayed Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Cable Available
  • Living Dining Kitchen: Separate Living Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Security System, Smoke Detector(s)
  • Other Rooms: Laundry Room, Entry Hall
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Screen Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Storm Window(s)

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3D
  • Parking Storage: Driveway/Pad, More than 3 Coverd Spaces, Workshop(s), Front-Load Garage

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Cove, Landscaped, Chain Fenced
  • Lot Number: 3
  • Acreage: 0.47
  • Lot Size: .47

Tax Info

  • Assessor Parcel Number: 054004 00060

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2012
Closed on
May 31, 2012
Sold by
Lingle Robert L
Bought by
Seller's Agent
Laura Helms
Adaro Realty, Inc.
Buyer's Agent
Cheryl Rogers
REMAX Experts
List Price
$114,500
Sold Price
$104,750
Premium/Discount to List
-$9,750
-8.52%
Current Estimated Value
$186,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,530
Avg. Annual Appreciation
4.33%
Original Mortgage
$99,513
Outstanding Balance
$66,711
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$125,022

Purchase Details

Closed on
Mar 31, 2008
Sold by
Loper Gene P
Bought by
Lingle Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,472
Interest Rate
5.97%
Mortgage Type
VA

Purchase Details

Closed on
May 31, 1995
Bought by
Loper Gene P
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Berclair, TN

  • Jennifer Steinmetz Real Estate Agent - REMAX Experts

    Jennifer Steinmetz

    REMAX Experts

    (901) 446-2553

    22 Total Sales

    1 in Berclair

    $45,000 Price

    Jennifer Steinmetz
     Section Image
  • Michael Ford Real Estate Agent - Coldwell Banker Heritage Homes

    Michael Ford

    Responds Quickly

    Coldwell Banker Heritage Homes

    (870) 771-3325

    135 Total Sales

    1 in Berclair

    $125,000 Price

    Michael Ford
     Section Image
  • Stephanie Crosslin Real Estate Agent - Crosslin Gist Realty, LLC

    Stephanie Crosslin

    Crosslin Gist Realty, LLC

    (901) 519-3202

    69 Total Sales

    3 in Berclair

    $170K - $189K Price Range

    Stephanie Crosslin
     Section Image
  • Frances Anderson Real Estate Agent - Crye-Leike, Inc., REALTORS

    Frances Anderson

    Crye-Leike, Inc., REALTORS

    (901) 979-5033

    136 Total Sales

    4 in Berclair

    $50K - $200K Price Range

    Frances Anderson
     Section Image
  • Scott Carrier Real Estate Agent - Keller Williams

    Scott Carrier

    Keller Williams

    (901) 979-1956

    141 Total Sales

    2 in Berclair

    $145K - $194K Price Range

    Scott Carrier
     Section Image
  • Rita Hallum Real Estate Agent - Crye-Leike, Inc., REALTORS

    Rita Hallum

    Crye-Leike, Inc., REALTORS

    (901) 979-6147

    103 Total Sales

    3 in Berclair

    $160K - $551K Price Range

    Rita Hallum
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$104,750 None Available
Lingle Robert L $115,000 None Available
Loper Gene P $78,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $99,513
Previous Owner Lingle Robert L $117,472
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/31/2012 05/31/12 Sold $104,750 -8.5% $75 / Sq Ft
05/05/2012 05/05/12 Pending -- -- --
03/21/2012 03/21/12 For Sale $114,500 -- $82 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,075 $39,975 $6,750 $33,225
2024 $1,137 $33,525 $4,075 $29,450
2023 $2,042 $33,525 $4,075 $29,450
2022 $2,042 $33,525 $4,075 $29,450
2021 $2,066 $33,525 $4,075 $29,450
2020 $1,543 $21,300 $2,575 $18,725
2019 $1,543 $21,300 $2,575 $18,725
2018 $1,543 $21,300 $2,575 $18,725
2017 $875 $21,300 $2,575 $18,725
2016 $999 $22,850 $0 $0
2014 $999 $22,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • LH

    Seller's Agent in 2012

    Laura Helms

    Adaro Realty, Inc.

  • Cheryl Rogers Real Estate Agent - RE/MAX

    Buyer's Agent in 2012

    Cheryl Rogers

    RE/MAX

    (901) 262-7484

    87 Total Sales

    Cheryl Rogers
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3243267

Memphis Area Association of REALTORS®

APN: 05-4004-0-0060

Tennessee Shelby County Memphis 38122 Berclair

745 Margo Ln, Memphis, TN

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Memphis Area Association of REALTORS® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

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