NOT LISTED FOR SALE

85 Penny Ln Oakland, TN 38060

Estimated Value: $260,000 - $278,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $280,000 $200 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,457/month

Highlights

  • Landscaped Professionally
  • Traditional Architecture
  • Attic
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Great Room

About This Home

As of August 2022

The perfect open concept living area with split bedroom plan. New roof, flooring, hvac, furnace, water heater, and kitchen appliances within the last few years. Large fully fenced back yard with patio area. Floored attic space above 2 car garage. Come see it today.

Last Agent to Sell the Property

Raven Belue

Crye-Leike, Inc., REALTORS License #346726 Listed on: 07/06/2022

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Emogene Hill

Hill Realty Company License #220629

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $550

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 70x125
  • Wood Fence
  • Landscaped Professionally
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,384 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Great Room
  • Combination Dining and Living Room
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Termite Clearance
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Parking

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

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Oakland Meadows Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087J 087O B04400

Home Details

Home Type

Single Family

Est. Annual Taxes

$550

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: OAKLAND MEADOWS SEC B
  • List Price Per Sq Ft: 199
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1384
  • Termite Contract: Yes
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s)
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Carpet, Level 1, Smooth Ceiling, Vaulted/Coffered Ceilings
  • Bedroom 3 Description: Carpet, Shared Bath, Level 1, Smooth Ceiling, Vaulted/Coffered Ceilings
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room, Gas Starter, Gas Logs, Blower
  • Floors/Ceilings: Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Great Room, LR/DR Combination, Breakfast Bar, Pantry
  • Misc Interior: Pull Down Attic Stairs, Walk-In Attic
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling, Separate Shower, Tile Floor, Whirlpool Tub
  • P R I M A R Y B E D R O O M: Carpet, Full Bath, Level 1, Smooth Ceiling, Walk-In Closet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Front-Load Garage

Utilities

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

Lot Info

  • Lot Description: Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 89
  • Lot Size: 70X125

Tax Info

  • Assessor Parcel Number: 087J 087O B04400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 5, 2022
Sold by
Melinda Tobias
Bought by
Nelson Wiiliam Calvin and Avant Ragan A
Seller's Agent
Raven Belue
Crye-Leike, Inc., REALTORS
Buyer's Agent
Emogene Hill
Hill Realty Company
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Current Estimated Value
$267,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,394
Avg. Annual Appreciation
-1.37%
Original Mortgage
$266,000
Outstanding Balance
$254,309
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$13,297

Purchase Details

Closed on
May 5, 2004
Sold by
Burkett Homes Inc
Bought by
Tobias Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.49%

Purchase Details

Closed on
Jan 7, 2004
Bought by
Burkett Homes Inc
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
Nelson Wiiliam Calvin $280,000 None Listed On Document
Tobias Melinda $129,220 --
Burkett Homes Inc $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Wiiliam Calvin $266,000
Previous Owner Burkett Homes Inc $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2022 08/11/22 Sold $280,000 +1.8% $233 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $275,000 -- $229 / 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
2024 $550 $43,300 $9,500 $33,800
2023 $1,118 $43,300 $0 $0
2022 $741 $43,300 $9,500 $33,800
2021 $741 $43,300 $9,500 $33,800
2020 $496 $43,300 $9,500 $33,800
2019 $668 $32,925 $7,500 $25,425
2018 $687 $32,925 $7,500 $25,425
2017 $585 $32,925 $7,500 $25,425
2016 $583 $30,650 $7,500 $23,150
2015 $583 $30,650 $7,500 $23,150
2014 $583 $30,650 $7,500 $23,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10128040

Memphis Area Association of REALTORS®

APN: 087J-B-044.00