NOT LISTED FOR SALE

7488 Morgan Tree Ln Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $388,000 - $431,000

5 Beds
3.5 Baths
3,000-3,199 Sq Ft
$131/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $425,000 $133 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,425/month

Highlights

  • Fireplace in Hearth Room
  • Wood Flooring
  • Bonus Room
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Corner Lot

About This Home

As of April 2022

GORGEOUS HOME SITUATED ON A LARGE CORNER LOT~5 Bedrooms & 3 1/2 Baths Plus A Bonus/6th Bedroom. HEARTH ROOM, NEW BEAUTIFUL IRON TUSCAN FRONT DOOR, NEWLY INSTALLED ROOF, HVAC SYSTEM, KITCHEN HAS GORGEOUS GRANITE COUNTERTOPS, UPGRADED APPLIANCES INCLUDING WI-FI DOUBLE OVENS, MICROWAVE & DISHWASHER. NEW HARDWOOD TILE FLOORING INSTALLED THROUGHOUT DOWNSTAIRS. EXTENDED PARKING PAD, FRONT WALKWAY, & LARGE BACK PATIO! THERE’S A FENCED BACKYARD GREAT FOR FAMILY GATHERINGS & PLENTY OF ROOM FOR A POOL!

Last Agent to Sell the Property

Jonathan Bunch

BEST Real Estate Company License #365486 Listed on: 03/31/2022

BEST Real Estate Company

Last Buyer's Agent

Crystell Harris

Harris & Harris Realty Group License #347089

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,413

Year Built

  • Built in 2004

Lot Details

  • Wood Fence
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,096 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace in Hearth Room
  • Aluminum Window Frames
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den
  • Bonus Room

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Driveway

Utilities

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

Community Details

  • Morgan Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0255K B00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,413

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 789C
  • MAAR Subdivision Name: MORGAN MANOR
  • List Price Per Sq Ft: 132
  • Number Of Stories: 2
  • Price Per Sq Ft: 137.27
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3096
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 2, Hardwood Floor
  • Bedroom 3 Description: Level 2, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedroom 5 Description: Level 2, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Fireplace: In Keeping/Hearth room
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry
  • Other Rooms: Bonus Room
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Carpet

Exterior Features

  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Corner, Wood Fenced
  • Lot Number: 21
  • Lot Size: 10741 SF 110.25 X 84.27

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: D0255K B00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2009
Sold by
Bank Of New York
Bought by
Hunt Marchello
Current Estimated Value
$419,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,685
Outstanding Balance
$114,316
Interest Rate
5.14%
Mortgage Type
FHA
Estimated Equity
$305,072

Purchase Details

Closed on
Feb 8, 2008
Sold by
Woods Ronnington K and Woods Shannon A
Bought by
Bank Of New York and Certificate Holders Cwabs Inc Asset Back

Purchase Details

Closed on
Jun 23, 2004
Sold by
Loyal Featherstone Construction Inc
Bought by
Woods Ronnington K and Woods Shannon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,710
Interest Rate
8.65%
Mortgage Type
Purchase Money Mortgage
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
Hunt Marchello $183,000 Southern Trust Title Company
Bank Of New York $213,390 None Available
Woods Ronnington K $261,900 Equity Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunt Marchello $179,685
Previous Owner Woods Ronnington K $235,710
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $425,000 +3.7% $142 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $410,000 -- $137 / 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 $2,413 $123,550 $14,150 $109,400
2024 $2,413 $71,175 $8,000 $63,175
2023 $2,413 $71,175 $8,000 $63,175
2022 $2,413 $71,175 $8,000 $63,175
2021 $2,456 $71,175 $8,000 $63,175
2020 $2,061 $50,900 $8,000 $42,900
2019 $2,061 $50,900 $8,000 $42,900
2018 $2,061 $50,900 $8,000 $42,900
2017 $2,092 $50,900 $8,000 $42,900
2016 $1,823 $41,725 $0 $0
2014 $1,823 $41,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jonathan Bunch

    BEST Real Estate Company

    (662) 812-1443

    10 in this area

    470 Total Sales

    Jonathan Bunch
    Section Image

  • C

    Buyer's Agent in 2022

    Crystell Harris

    Harris & Harris Realty Group

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10120823

Memphis Area Association of REALTORS®

APN: D0-255K-B0-0021

Tennessee Shelby County Memphis 38125 Southern Shelby County

7488 Morgan Tree Ln, Memphis, TN

This home is located at 7488 Morgan Tree Ln, Memphis, TN 38125 since 31 March 2022 and is currently estimated at $419,388, approximately $131 per square foot. This property was built in 2004. 7488 Morgan Tree 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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