NOT LISTED FOR SALE

7788 Lipscomb Dr Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $170,000 - $192,253

3 Beds
2 Baths
1,200-1,399 Sq Ft
$129/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $128,000 $91 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,037/month

6 Days on Market

Highlights

  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Great Room
  • Traditional Architecture
  • 1 Fireplace
  • Breakfast Room

About This Home

As of June 2019

Perfect Home for first time home buyer, great location convenient to everything, fenced backyard, 3 bedroom 2 bath with open floor plan you must see .. Please use the attached docs .

Last Agent to Sell the Property

Lisa Townsend

BEST Real Estate Company License #273362 Listed on: 05/17/2019

BEST Real Estate Company

Last Buyer's Agent

Tanisha Erby

KAIZEN Realty, LLC License #340884

KAIZEN Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 5,227 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Zero Lot Line

Home Design

  • Traditional Architecture
  • Property Attached
  • Brick Veneer
  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,330 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Some Wood Windows
  • Great Room
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Kitchen Island
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Storm Doors
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts

Additional Features

  • Patio
  • Ground Level

Community Details

  • Stansell Crossing Pd Phase 10 Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0242O C00049

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: STANSELL CROSSING PH10
  • List Price Per Sq Ft: 98
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1330
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Vaulted/Coffered Primary, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Smooth Ceiling, Carpet
  • Bedroom 3 Description: Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Tile, Vinyl Floor, Smooth Ceiling, Sprayed Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room, Separate Breakfast Room, Island In Kitchen, Washer/Dryer Connections, Kit/DR Combo
  • Number Of Fireplaces: 1
  • P R I M A R Y B E D R O O M: Walk-In Closet, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Vinyl Siding, Storm Door(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas

Lot Info

  • Lot Description: Level, Landscaped, Wood Fenced
  • Lot Number: 349
  • Acreage: 0.12
  • Lot Size: 5122 SF 27 X 196
  • Zero Lot Line: Yes

Green Features

  • Green Feature Checklist: Yes

Tax Info

  • Assessor Parcel Number: D0242O C00049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Jul 3, 2019
Sold by
Bullock Wright Tanya R
Bought by
Flowers Felisa Faye
Seller's Agent
Lisa Townsend
BEST Real Estate Company
Buyer's Agent
Tanisha Erby
KAIZEN Realty, LLC
List Price
$130,000
Sold Price
$128,000
Premium/Discount to List
-$2,000
-1.54%
Current Estimated Value
$181,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,063
Avg. Annual Appreciation
5.45%
Original Mortgage
$123,117
Outstanding Balance
$107,511
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$73,552

Purchase Details

Closed on
Dec 15, 2008
Sold by
Fannie Mae
Bought by
Bullock Tanya R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,557
Interest Rate
5.08%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 2008
Sold by
Williams Randy A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 4, 2004
Sold by
Jackson Richera D
Bought by
Hud

Purchase Details

Closed on
Mar 28, 2000
Sold by
Lenox Homes Llc
Bought by
Jackson Richera D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,991
Interest Rate
8.38%
Mortgage Type
FHA
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
Flowers Felisa Faye $128,000 Preferred T&E Llc
Bullock Tanya R $82,000 Executive Title & Closing In
Federal National Mortgage Association $84,851 None Available
Hud $109,765 --
Jackson Richera D $111,048 Southern Escrow Title Compan
Jackson Richera D $111,048 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flowers Felisa Faye $123,117
Previous Owner Bullock Tanya R $81,557
Previous Owner Jackson Richera D $110,991
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $128,000 -1.5% $107 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $130,000 -- $108 / 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 $1,092 $46,425 $8,000 $38,425
2024 $1,092 $32,200 $4,250 $27,950
2023 $1,092 $32,200 $4,250 $27,950
2022 $1,092 $32,200 $4,250 $27,950
2021 $1,111 $32,200 $4,250 $27,950
2020 $843 $20,825 $4,250 $16,575
2019 $843 $20,825 $4,250 $16,575
2018 $843 $20,825 $4,250 $16,575
2017 $856 $20,825 $4,250 $16,575
2016 $864 $19,775 $0 $0
2014 $864 $19,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lisa Townsend

    BEST Real Estate Company

    (662) 540-5011

    2 in this area

    38 Total Sales

    Lisa Townsend
    Section Image

  • T

    Buyer's Agent in 2019

    Tanisha Erby

    KAIZEN Realty, LLC

    (901) 653-6195

    5 in this area

    51 Total Sales

    Tanisha Erby
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10052886

Memphis Area Association of REALTORS®

APN: D0-242O-C0-0049

Tennessee Shelby County Memphis 38125 Southern Shelby County

7788 Lipscomb Dr, Memphis, TN

Not Listed for Sale

MultiFamily

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