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5254 Laurie Lane

5254 Laurie Lane, Memphis, TN 38120
Sold Jan 11, 2019
$222,000
Sold Jan 29, 2014
$157,500
$149,625 by Community Mortgage Corp
Mortgage Due Feb 01, 2044
5254 Laurie Lane in Memphis, TN was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5254 Laurie Lane has 1,444 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,810. In total, the area measurement of the land is 13,535 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a hip style roof made of composition shingle. For those who need parking, there is a carport. The garage is 230 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5254 Laurie Lane sold most recently in Dec 20, 2018 for a total of $222,000. If you work out the math, that's approximately a cost of $153.74 per sqft. Before that, the property was also sold for $157,500 in Jan 27, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,506 in taxes each year. 5254 Laurie Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $57,550. If we break it down further, the land itself was valued at $18,325. Improvements to the property, however, were assessed at a total of $39,225. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 230
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,535
  • Lot Size Depth Feet: 1,810
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,444
  • Gross Building Area: 1,444
  • Building Area: 1,444
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,444
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAURIE LANE
  • Land Acres: 0.311
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GERBER SELWYN
  • Current Owner 2: GERBER GLYNIS
  • Previous Owner : BIRD ROSS EDWARD
  • Previous Owner 2: BIRD RYANN SLOAN
  • Owner Before Previous Owner: COX JULIE C
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009600

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 06-8033-0-0070
  • Lot: 3
  • Municipality: MEMPHIS
  • Latitude: 35.12
  • Longitude: -89.8868

    Address

  • Full Address: 5254 Laurie Ln
  • Address - House Number: 5254
  • Address - Street Name: Laurie
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Memphis
  • Carrier Code: C078
  • 4-Digit Zip Code: 2454
  • Zip Code: 38120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,506

    Appraisal Valuation

  • Standard Deviation: 0.2412
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 312,025
  • High Value: 387,290
  • Low Value: 236,759

    Market Valuation

  • Market Total Value: $230,200
  • Market Land Value: $73,300
  • Market Improvement Value: $156,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,550
  • Assessed Land Value: $18,325
  • Assessed Improvements Value: $39,225

    Sales

  • Current Sale Contract Date: Dec 20, 2018
  • Current Sale Recording Date: Jan 11, 2019
  • Current Sale Transaction ID: 11558098268
  • Current Sale Price: $222,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19003339
  • Previous Sale Recording Date: Jan 29, 2014
  • Previous Sale Contract Date: Jan 27, 2014
  • Previous Sale Amount: $157,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTURY BANK DIVISION
  • First Mortgage Transaction Date: Jan 11, 2019
  • First Mortgage Loan Amount: $160,485
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 29, 2014
  • Previous Mortgage Loan Amount: $149,625
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2044

About White Station-Yates



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Frequently Asked Questions

What neighborhood is 5254 Laurie Lane located in?
The 5254 Laurie Lane is a house located in the neighborhood of White Station-Yates in White Station-Yates, Memphis.
What is the average sales price for listings in 5254 Laurie Lane?
The average sales price for units in 5254 Laurie Lane is $0 currently.

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