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7143 Easterly Lane

7143 Easterly Lane, Memphis, TN 38125
Sold Jun 27, 2019
$264,900
$251,655 by Bancorpsouth Bank
Mortgage Due Jul 01, 2049
Sold Jul 15, 2005
$264,935
$145,714 by New South Fsb
Mortgage Due Aug 01, 2035
7143 Easterly Lane in Memphis, TN was first built in 2005 and is 19 years old. 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. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 7143 Easterly Lane has 4,086 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. In total, the area measurement of the land is 15,300 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a attached garage. The garage is 766 sqft. There are a total of 3 available parking spaces. 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. 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, 7143 Easterly Lane sold most recently in Jun 13, 2019 for a total of $264,900. If you work out the math, that's approximately a cost of $54.60 per sqft. Before that, the property was also sold for $264,935 in Jul 7, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,543 in taxes each year. 7143 Easterly Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $75,000. If we break it down further, the land itself was valued at $9,900. Improvements to the property, however, were assessed at a total of $65,100. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 766
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 15,300
  • Total Building Area: 4,852
  • Gross Building Area: 4,852
  • Building Area: 4,086
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,086
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER GROVE ESTATES PD AMEN PH 2
  • Land Acres: 0.351
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES GOLD LEAF LN COR EASTERLY LN (SE) PART OF AREAS A & B SEE MAP D2-55

Ownership

  • Current Owner : COLE PARTRICKA L
  • Current Owner 2: ROYSTER DAVID
  • Previous Owner : VALENTINE WILLIE
  • Previous Owner 2: VALENTINE FRANSEALON TALILA
  • Owner Before Previous Owner: BOWDEN BUILDING CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021752

Zoning

  • Zoning: R-15

Geography

  • Assessors Map Reference: MB 211-053
  • District: S
  • Parcel: D0-255G-I0-0038
  • Lot: 101
  • Municipality: SHELBY COUNTY
  • Latitude: 35.0014
  • Longitude: -89.8234

    Address

  • Full Address: 7143 Easterly Ln
  • Address - House Number: 7143
  • Address - Street Name: Easterly
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Memphis
  • Carrier Code: R066
  • 4-Digit Zip Code: 4311
  • Zip Code: 38125

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,543

    Appraisal Valuation

  • Standard Deviation: 0.272
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 404,998
  • High Value: 515,161
  • Low Value: 294,835

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $251,655
  • First Open Lien Mortgage Lender: BANCORPSOUTH BANK
  • First Open Lien Mortgage Recording Date: Jun 27, 2019
  • First Open Lien Mortgage Loan Amount: $251,655
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2049

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $39,600
  • Market Improvement Value: $260,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,000
  • Assessed Land Value: $9,900
  • Assessed Improvements Value: $65,100

    Sales

  • Current Sale Contract Date: Jun 13, 2019
  • Current Sale Recording Date: Jun 27, 2019
  • Current Sale Transaction ID: 11620723471
  • Current Sale Price: $264,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201906270063549
  • Previous Sale Recording Date: Jul 15, 2005
  • Previous Sale Contract Date: Jul 07, 2005
  • Previous Sale Amount: $264,935
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANCORPSOUTH BANK
  • First Mortgage Transaction Date: Jun 27, 2019
  • First Mortgage Loan Amount: $251,655
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: NEW SOUTH FSB
  • Previous Mortgage Transaction Date: Jul 15, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $145,714
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Aug 01, 2035

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Frequently Asked Questions

What neighborhood is 7143 Easterly Lane located in?
The 7143 Easterly Lane is a house located in the neighborhood of Lake Village in Lake Village, Memphis.
What is the average sales price for listings in 7143 Easterly Lane?
The average sales price for units in 7143 Easterly Lane is $0 currently.

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