NOT LISTED FOR SALE

Estimated Value: $1,048,000 - $1,160,995

5 Beds
4 Baths
3,026 Sq Ft
$368/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $720,000 $238 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,643/month

12 Days on Market

Highlights

  • Guest House
  • Traditional Architecture
  • No HOA
  • Deck
  • Wood Flooring
  • 4-minute walk to Shelby Park

About This Home

As of April 2020

Absolutely incredible opportunity to have a renovated historic bungalow in the heart of Lockeland Springs with an income producing detached garage apartment. Grossing $45k in rental income in 2019, live for free while the apartment covers your mortgage. Primary residence had a large addition including gorgeous master suite and massive finished basement. Beautiful refinished original hardwoods, 2 car garage + driveway, steps to Frothy monkey, Shelby Park and so much more.

Last Agent to Sell the Property

Robert Drimmer

Compass Tennessee, LLC License #321053 Listed on: 03/26/2020

Compass Tennessee, LLC

Last Buyer's Agent

Robert Drimmer

Compass Tennessee, LLC License #321053 Listed on: 03/26/2020

Compass Tennessee, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,807

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 148

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Interior Storage Closet
  • Finished Basement

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Additional Homes

  • Guest House

Schools

  • Lockeland Elementary School
  • Stratford Stem Magnet School Lower Campus Middle School
  • Stratford Stem Magnet School Upper Campus High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Lockeland Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08314018200

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,807

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1930
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Extra Closets, In-Law Floorplan, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator
  • Fireplace: No
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 5
  • Main Level Bedrooms: 2
  • Full Bathrooms: 4
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 2442
  • Below Grade Sq Ft: 584
  • Building Area Units: Square Feet
  • Living Area: 3026
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Carriage/Guest House
  • Construction Type: Frame
  • Patio And Porch Features: Covered Patio, Deck
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Parking Features: Attached/Detached, Concrete, Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric, Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size: 50 X 148
  • Lot Size Units: Acres
  • Parcel #: 08314018200
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3807

MLS Schools

  • Elementary School: Lockeland Elementary School
  • High School: Stratford STEM Magnet School Upper Campus
  • Middle Or Junior School: Stratford STEM Magnet School Lower Campus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2020
Closed on
Apr 27, 2020
Sold by
Janke David
Bought by
Charron Andrew James
Seller's Agent
Robert Drimmer
Compass Tennessee, LLC
Buyer's Agent
Robert Drimmer
Compass Tennessee, LLC
List Price
$720,000
Sold Price
$720,000
Current Estimated Value
$1,113,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,249
Avg. Annual Appreciation
8.64%
Original Mortgage
$112,000
Outstanding Balance
$60,012
Interest Rate
3.3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,045,792

Purchase Details

Closed on
Jun 27, 2008
Sold by
Lizarraga Giachery and Seals Lizarraga Holley M
Bought by
Janke David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,125
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 1999
Sold by
Polly John M
Bought by
Lizarraga Giachery and Seals Lizarraga Holley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,150
Interest Rate
7.79%
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
Charron Andrew James $720,000 Magnolia Title & Escrow
Janke David $182,500 Realty Title & Escrow Co Inc
Lizarraga Giachery $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charron Andrew James $112,000
Open Charron Andrew James $500,000
Previous Owner Janke David $115,000
Previous Owner Janke David $329,500
Previous Owner Janke David Scott $261,000
Previous Owner Janke David $42,080
Previous Owner Janke David $187,300
Previous Owner Janke David $178,125
Previous Owner Lizarraga Giachery $130,000
Previous Owner Lizarraga Giachery $92,000
Previous Owner Lizarraga Giachery $75,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2020 04/29/20 Sold $720,000 0.0% $238 / Sq Ft
04/07/2020 04/07/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $720,000 -- $238 / Sq Ft
Source: Realtracs

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 $5,923 $182,025 $78,125 $103,900
2023 $5,923 $182,025 $78,125 $103,900
2022 $5,923 $182,025 $78,125 $103,900
2021 $5,985 $182,025 $78,125 $103,900
2020 $5,094 $120,675 $45,000 $75,675
2019 $3,807 $120,675 $45,000 $75,675
2018 $3,807 $120,675 $45,000 $75,675
2017 $3,807 $120,675 $45,000 $75,675
2016 $3,452 $76,450 $21,250 $55,200
2015 $3,452 $76,450 $21,250 $55,200
2014 $3,652 $80,875 $21,250 $59,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2135512

Realtracs

APN: 083-14-0-182