NOT LISTED FOR SALE

7834 Lake Cross Dr E Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $234,000 - $256,786

3 Beds
2 Baths
1,400-1,599 Sq Ft
$153/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $200,000 $125 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,444/month

1 Day on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Patio
  • Wood Flooring
  • Separate Formal Living Room
  • Central Heating and Cooling System

About This Home

As of May 2024

This home is located at 7834 Lake Cross Dr E, Memphis, TN 38125 since 07 May 2024 and is currently estimated at $244,197, approximately $174 per square foot. This property was built in 1993. 7834 Lake Cross Dr E is a home located in Shelby County with nearby schools including Lowrance Elementary School, Southwind High School, and Christ the Rock Christian Academy.

Last Agent to Sell the Property

Marcus Boles

Epique Realty License #352162 Listed on: 05/07/2024

Epique Realty

Last Buyer's Agent

Marcus Boles

Epique Realty License #352162 Listed on: 05/07/2024

Epique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,373

Year Built

  • Built in 1993

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,454 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Additional Features

  • Patio
  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Stansell Crossing P D Ph 6 Par 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0242J C00016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,373

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • MLS Map #: 787C
  • MAAR Subdivision Name: STANSELL CROSSING PH6
  • Number Of Stories: 1
  • Price Per Sq Ft: 137.55
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1454
  • Year Built: 1993
  • List Price/ Sq Ft: 158
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 16
  • Acreage: 0.23
  • Lot Size: 10181SF 64.06X178.64IRR
  • Price Per Acre: 1000000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: D0242J C00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Jul 8, 2024
Sold by
Rei Nation Llc
Bought by
Leonard William James
Seller's Agent
Marcus Boles
Epique Realty
Buyer's Agent
Marcus Boles
Epique Realty
List Price
$230,000
Sold Price
$200,000
Premium/Discount to List
-$30,000
-13.04%
Views
2
Current Estimated Value
$244,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,197
Avg. Annual Appreciation
17.01%
Original Mortgage
$182,000
Outstanding Balance
$180,477
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$64,834

Purchase Details

Listed on
May 7, 2024
Closed on
May 9, 2024
Sold by
Clayton Skyler and Clayton Bianca
Bought by
Rei Nation Llc
Seller's Agent
Marcus Boles
Epique Realty
Buyer's Agent
Marcus Boles
Epique Realty
List Price
$230,000
Sold Price
$200,000
Premium/Discount to List
-$30,000
-13.04%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$180,477
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$64,834

Purchase Details

Listed on
Apr 17, 2020
Closed on
May 22, 2020
Sold by
Austin James and Austin Lisa R
Bought by
Clayton Bianca and Clayton Skyler
Seller's Agent
Van Preston
KAIZEN Realty, LLC
Buyer's Agent
Leon Dickson
BenchMark REALTORS, LLC
List Price
$159,900
Sold Price
$165,000
Premium/Discount to List
$5,100
3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$165,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2018
Sold by
Austin Robert J
Bought by
Austin James and Austin Lisa R

Purchase Details

Closed on
Feb 26, 2010
Sold by
Austin Eddie N
Bought by
Austin Robert J and Austin James

Purchase Details

Closed on
Apr 6, 1998
Sold by
Johnson Ruth and Johnson Bruce
Bought by
Austin Eddie N and Austin Marie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.14%

Purchase Details

Closed on
Jul 24, 1997
Sold by
Weiss Arnold M
Bought by
Hud
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
Leonard William James $260,000 None Listed On Document
Rei Nation Llc $200,000 None Listed On Document
Clayton Bianca $165,000 None Available
Austin James -- None Available
Austin Robert J -- None Available
Austin Eddie N $98,000 --
Hud $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard William James $182,000
Previous Owner Clayton Bianca $165,000
Previous Owner Austin James $20,000
Previous Owner Austin James $50,000
Previous Owner Austin Eddie N $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $200,000 -13.0% $143 / Sq Ft
05/07/2024 05/07/24 For Sale $230,000 +39.4% $164 / Sq Ft
05/22/2020 05/22/20 Sold $165,000 +3.2% $118 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $159,900 -- $114 / 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 $1,373 $59,575 $11,450 $48,125
2024 $1,373 $40,500 $6,775 $33,725
2023 $1,373 $40,500 $6,775 $33,725
2022 $1,373 $40,500 $6,775 $33,725
2021 $1,397 $40,500 $6,775 $33,725
2020 $1,060 $26,175 $6,775 $19,400
2019 $1,060 $26,175 $6,775 $19,400
2018 $1,060 $26,175 $6,775 $19,400
2017 $1,076 $26,175 $6,775 $19,400
2016 $1,109 $25,375 $0 $0
2014 $1,109 $25,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marcus Boles

    Seller's Agent in 2024

    Marcus Boles

    Epique Realty

    (816) 204-0236

    2 in this area

    25 Total Sales

    Marcus Boles
    Section Image

  • V

    Seller's Agent in 2020

    Van Preston

    KAIZEN Realty, LLC

    (615) 540-6302

    1 in this area

    30 Total Sales

    Van Preston
    Section Image
  • Leon Dickson

    Buyer's Agent in 2020

    Leon Dickson

    BenchMark REALTORS, LLC

    (901) 461-9717

    18 in this area

    96 Total Sales

    Leon Dickson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10171842

Memphis Area Association of REALTORS®

APN: D0-242J-C0-0016

Tennessee Shelby County Memphis 38125 Southern Shelby County

7834 Lake Cross Dr E, Memphis, TN

This home is located at 7834 Lake Cross Dr E, Memphis, TN 38125 since 07 May 2024 and is currently estimated at $244,197, approximately $152 per square foot. This property was built in 1993. 7834 Lake Cross Dr E is a home located in Shelby County with nearby schools including Lowrance Elementary School, Southwind High School, and Christ the Rock Christian Academy.

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