See Home Value
$264,652*
House - Off Market

2603 LANRICK

Memphis, TN 38119
bedrooms
4 Beds
bathrooms
2.5 Baths, 1 Half Bath
$225,000 - $275,000
Reference Base Price*
5.86%
Since Feb 1, 2023
National-US
Primary Model
Sold Jan 23, 2023
$220,000
$216,015 by Freedom Mortgage Corporation
Mortgage Due Feb 01, 2043
Sold Mar 07, 2014
$117,000
$114,880 by Primelending
Mortgage Due Apr 01, 2044

About This Property

Charming 4bd/2.5ba priced (50k below market) located in pleasant East Memphis neighborhood! Home features laminate hardwood floors throughout, large patio space, & only requires some minor TLC.  Take advantage of this Perfect Family Home at Bargain Price!!
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1972

Price History

Date / Event Date Event Price
Jan 23, 2023 Sold to Adriana Dunn, William Dunn $220,000
Sold to Adriana Dunn, William Dunn
Jan 7, 2023 No longer available -
No longer available
Dec 17, 2022 In contract -
In contract
Nov 30, 2022 Price Decreased $250,000
↓ $25K (9.1%)
Price Decreased
Nov 7, 2022 Listed $275,000
Listed
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,965
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,649
  • Gross Building Area: 2,649
  • Building Area: 2,269
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,269
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KESWICK REV
  • Land Acres: 0.252
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS LANRICK CV

Ownership

  • Current Owner : DUNN ADRIANA
  • Current Owner 2: DUNN WILLIAM
  • Previous Owner : MCKINNEY PATRICK
  • Previous Owner 2: MCKINNEY FREE
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021333

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 38-22
  • District: O
  • Parcel: 08-1055-0-0016
  • Block: G-2
  • Lot: 111
  • Municipality: MEMPHIS
  • Latitude: 35.078
  • Longitude: -89.8341

    Address

  • Full Address: 2603 Lanrick Cv
  • Address - House Number: 2603
  • Address - Street Name: Lanrick
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: C089
  • 4-Digit Zip Code: 7829
  • Zip Code: 38119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,253

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 300,349
  • High Value: 375,056
  • Low Value: 225,642

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $216,015
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jan 23, 2023
  • First Open Lien Mortgage Loan Amount: $216,015
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2043

    Market Valuation

  • Market Total Value: $213,600
  • Market Land Value: $41,100
  • Market Improvement Value: $172,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,400
  • Assessed Land Value: $10,275
  • Assessed Improvements Value: $43,125

    Sales

  • Current Sale Contract Date: Jan 18, 2023
  • Current Sale Recording Date: Jan 23, 2023
  • Current Sale Transaction ID: 11901084698
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6069
  • Previous Sale Recording Date: Mar 07, 2014
  • Previous Sale Contract Date: Mar 03, 2014
  • Previous Sale Amount: $117,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Jan 23, 2023
  • First Mortgage Loan Amount: $216,015
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING
  • Previous Mortgage Transaction Date: Mar 07, 2014
  • Previous Mortgage Loan Amount: $114,880
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2044



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2.5 Baths
-
$275,000 May 5, 2023
-
$280/mo
House
3 Beds
2 Baths
-
$229,999 May 16, 2023
-
$227/mo

About Keswick-Stornaway


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Frequently Asked Questions

When was property at 2603 Lanrick Cove built and last sold?
The property at 2603 Lanrick Cove was built in 1972 and last sold on Jan 18, 2023 for $220,000.
How much is this home worth?
The estimated value of the home located at 2603 Lanrick Cove is $252,500.
What are some comparable homes to 2603 Lanrick Cove?
There are currently no comparable homes to 2603 Lanrick Cove.

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