NOT LISTED FOR SALE

7775 Lipscomb Dr Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $145,000 - $174,000

3 Beds
2 Baths
1,210 Sq Ft
$130/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2019

Last sale price $93,000 $77 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $914 / mo

12 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Patio
  • High Ceiling
  • Walk-In Closet
  • Home Security System

About This Home

As of July 2019

A nice little place to call Home! Bigger than it looks! Open concept will large kitchen with island & breakfast bar. Beautiful Pergo floors in Kitchen and Dining area, New laminate floors and TV niche over the gas fireplace in Great Room. Split bedroom plan, double vanity and large walk in closest in the Master Suite. Hot water tank only 1 yrs old. Calming back patio. Perfect for 1st Time Home Buyer or Investor. Qualifies for BancorpSouth MaxAcess for zero closing and Pinnacle 100% financing.

Last Buyer's Agent

Andre Pruitt

TRG Real Estate Services LLC License #351013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $752

Year Built

  • Built in 2000

Lot Details

  • 3,049

Parking

  • Parking Pad

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,210 Sq Ft Home
  • Property has 3 Levels
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Den with Fireplace
  • Washer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Patio
  • 3,049 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Stansell Crossing Pd Phase 10 Subdivision

Listing and Financial Details

  • Tax Lot 363
  • Assessor Parcel Number D0242O C00063

Home Details

Home Type

Single Family

Est. Annual Taxes

$752

Year Built

Built in 2000

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2000
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Walk-In Closet(s), High Ceilings, Pantry
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range, Oven
  • Fireplace Features: Den, Gas
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Laminate, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area: 1210
  • Living Area Units: Square Feet

Exterior Features

  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Utilities: Natural Gas Available, Water Available, Cable Connected

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size: 3132 SF 27 X 116
  • Lot Size Units: Acres
  • Parcel #: D0242O C00063

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 752
  • Tax Lot: 363

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Jul 31, 2019
Sold by
Blake Rekina Y
Bought by
Tate Wonderful Lenoir
Buyer's Agent
Andre Pruitt
TRG Real Estate Services LLC
List Price
$97,500
Sold Price
$93,000
Premium/Discount to List
-$4,500
-4.62%
Current Estimated Value
$157,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,733
Avg. Annual Appreciation
8.18%
Original Mortgage
$90,210
Outstanding Balance
$78,713
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$79,020

Purchase Details

Closed on
Oct 3, 2003
Sold by
Security Builders Inc
Bought by
Blake Rekina Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,532
Interest Rate
6.16%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2003
Sold by
Kennedy Nancy
Bought by
Security Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2000
Sold by
Lenox Homes Llc
Bought by
Kennedy Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,729
Interest Rate
8.11%
Mortgage Type
FHA
Source: Public Records
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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
Tate Wonderful Lenoir $93,000 Preferred Title & Escrow Llc
Blake Rekina Y $95,000 --
Security Builders Inc $92,000 --
Kennedy Nancy $94,778 Southern Escrow Title Compan
Kennedy Nancy $94,778 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tate Wonderful Lenoir $90,210
Previous Owner Blake Rekina Y $93,532
Previous Owner Security Builders Inc $73,600
Previous Owner Kennedy Nancy $94,729
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $93,000 -4.6% $77 / Sq Ft
07/07/2019 07/07/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $97,500 -- $81 / Sq Ft
Source: Realtracs

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 $869 $37,150 $8,000 $29,150
2024 $869 $25,625 $4,250 $21,375
2023 $869 $25,625 $4,250 $21,375
2022 $869 $25,625 $4,250 $21,375
2021 $884 $25,625 $4,250 $21,375
2020 $733 $18,100 $4,250 $13,850
2019 $733 $18,100 $4,250 $13,850
2018 $733 $18,100 $4,250 $13,850
2017 $744 $18,100 $4,250 $13,850
2016 $752 $17,200 $0 $0
2014 $752 $17,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andre Pruitt

    Buyer's Agent in 2019

    Andre Pruitt

    TRG Real Estate Services LLC

    (901) 870-1224

    19 in this area

    206 Total Sales

    Andre Pruitt
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Map

Source: Realtracs

MLS Number: 3026359

Realtracs

APN: D0-242O-C0-0063

Tennessee Shelby County Memphis 38125 Southern Shelby County

7775 Lipscomb Dr, Memphis, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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