NOT LISTED FOR SALE

8233 Penny Ln Millington, TN 38053

Estimated Value: $119,000 - $132,000

3 Beds
1 Bath
962 Sq Ft
$131/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $84,000 $87 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $700/month

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Level Lot
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Vinyl Flooring

About This Home

As of September 2022

Great Investment Property! 3 Bedroom 1 bath home with a Carport.

Last Agent to Sell the Property

Jeff Goff

Keller Williams License #291715 Listed on: 07/18/2022

Keller Williams

Co-Listed By

Jennifer Smith

Keller Williams License #289818

Last Buyer's Agent

Carol Scott

Tiger Realty License #252614

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $473

Year Built

  • Built in 1972

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80x140
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 962 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Vinyl Flooring
  • Iron Doors
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • The Chapel Hill Community Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0118 B00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$473

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 881B
  • MAAR Subdivision Name: CHAPEL HILL COMMUNITY
  • List Price Per Sq Ft: 99
  • Number Of Stories: 1
  • Price Per Sq Ft: 87.32
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 962
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 50
  • Acreage: 0.25
  • Lot Size: 80X140
  • Price Per Acre: 379600

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: D0118 B00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Zoe Asher 1 Llc
Bought by
Gonzalez Jose and De Leon Arnoldo
Current Estimated Value
$126,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Outstanding Balance
$101,217
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$24,879

Purchase Details

Closed on
Jul 17, 2013
Sold by
Magelssen Peter
Bought by
Magelssen Peter and Magelssen Angela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 17, 2012
Closed on
Mar 20, 2013
Sold by
Hardin Enterprises Inc
Bought by
Magelssen Peter
Seller's Agent
Vanessa Marshall
BenchMark REALTORS, LLC
Buyer's Agent
Lisa Haley
Keystone Realty, LLC
List Price
$29,900
Sold Price
$16,500
Premium/Discount to List
-$13,400
-44.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.43%
Original Mortgage
$32,800
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 17, 2012
Closed on
Feb 7, 2013
Sold by
Federal Home Laon Mortgage Corp
Bought by
Hardin Enterpries Inc
Seller's Agent
Vanessa Marshall
BenchMark REALTORS, LLC
Buyer's Agent
Lisa Haley
Keystone Realty, LLC
List Price
$29,900
Sold Price
$16,500
Premium/Discount to List
-$13,400
-44.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,800
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 24, 2012
Sold by
Middleton Dikimberly S
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 27, 2008
Sold by
Lesueur Dewayne
Bought by
Middleton Dikimberly S

Purchase Details

Closed on
Jul 10, 2008
Sold by
Middleton Dikimberly
Bought by
Lesueur Dewayne

Purchase Details

Closed on
Jun 24, 2008
Sold by
Countrywide Home Loans Inc
Bought by
Middleton Dikimberly

Purchase Details

Closed on
Aug 21, 2007
Sold by
Perry Eva L
Bought by
Countrywide Home Loans Inc
Source: Public Records

Range of Values:

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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
Gonzalez Jose $109,000 None Listed On Document
Magelssen Peter -- Baymark Title And Escrow
Magelssen Peter $32,300 Baymark Title & Escrow Ser
Hardin Enterpries Inc $16,500 None Available
Federal Home Loan Mortgage Corporation $27,000 None Available
Middleton Dikimberly S -- None Available
Lesueur Dewayne -- None Available
Middleton Dikimberly $6,900 Us Land Title Llc
Countrywide Home Loans Inc $36,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Jose $109,000
Previous Owner Magelssen Peter $36,000
Previous Owner Magelssen Peter $32,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2022 09/07/22 Sold $84,000 -11.5% $87 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
07/29/2022 07/29/22 Price Changed $94,900 -5.0% $99 / Sq Ft
07/18/2022 07/18/22 For Sale $99,900 +505.5% $104 / Sq Ft
02/26/2013 02/26/13 Sold $16,500 -44.8% $17 / Sq Ft View Prior Sale
01/31/2013 01/31/13 Pending -- -- --
11/17/2012 11/17/12 For Sale $29,900 -- $30 / 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 $473 $27,500 $4,500 $23,000
2024 $473 $13,950 $2,875 $11,075
2023 $473 $13,950 $2,875 $11,075
2022 $473 $13,950 $2,875 $11,075
2021 $481 $13,950 $2,875 $11,075
2020 $532 $13,125 $2,875 $10,250
2019 $532 $13,125 $2,875 $10,250
2018 $532 $13,125 $2,875 $10,250
2017 $539 $13,125 $2,875 $10,250
2016 $533 $12,200 $0 $0
2014 $533 $12,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Goff

    Seller's Agent in 2022

    Jeff Goff

    Keller Williams

    (901) 461-8830

    159 Total Sales

    Jeff Goff
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Jennifer Smith

    Keller Williams

    (901) 461-8830

    317 Total Sales

    Jennifer Smith
    Section Image

  • C

    Buyer's Agent in 2022

    Carol Scott

    Tiger Realty

    Section Image

  • V

    Seller's Agent in 2013

    Vanessa Marshall

    BenchMark REALTORS, LLC

    (901) 461-8676

    28 Total Sales

    Vanessa Marshall
    Section Image
  • Lisa Haley

    Buyer's Agent in 2013

    Lisa Haley

    Keystone Realty, LLC

    (901) 553-4237

    16 Total Sales

    Lisa Haley
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10128969

Memphis Area Association of REALTORS®

APN: D0-118-B-00024

Tennessee Shelby County Millington 38053

8233 Penny Ln, Millington, TN

This home is located at 8233 Penny Ln, Millington, TN 38053 since 18 July 2022 and is currently estimated at $126,096, approximately $131 per square foot. This property was built in 1972. 8233 Penny Ln is a home located in Shelby County with nearby schools including Barrets Elementary School, Bolton High School, and Tipton-Rosemark Academy.

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