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10040 Drop Seed Cir

Lakeland, TN 38002

4 bd 4 ba 3,174 sqft Built 2016 Lot 6,534 sqft single_family
Most recent sale
$518,000
Jul 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2025 Sold $475,000 RealTracs
Jul 22, 2025 Relisted $479,000 Memphis
Jun 18, 2025 Listed $499,000 Memphis
Apr 11, 2025 Price changed $570,000 Memphis
Feb 7, 2025 Listed $575,000 Memphis
Oct 19, 2024 Listed $575,000 Memphis
Jul 21, 2022 Sold $518,000 Public Record
Jul 18, 2022 Sold $518,000 Memphis
Jun 3, 2022 Listed $518,000 MLS #10125490
Nov 23, 2016 Sold $344,860 Public Record
Nov 20, 2016 Listing removed $344,860 Memphis
Oct 18, 2016 Price changed $344,860 MLS #9971631
Aug 22, 2016 Price changed $339,995 MLS #9971631
Mar 22, 2016 Price changed $344,995 MLS #9971631
Mar 1, 2016 Listed $349,995 MLS #9971631
Jul 21, 2015 Sold $76,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $114,250 $27,450 $141,700 $3,811
2024 $114,250 $27,450 $141,700 $3,441
2023 $80,375 $21,150 $101,525 $3,441
2022 $80,375 $21,150 $101,525 $3,441
2021 $80,375 $21,150 $101,525 $3,502
2020 $68,600 $17,550 $86,150 $3,489
2019 $68,600 $17,550 $86,150 $3,489
2018 $68,600 $17,550 $86,150 $4,566
2017 $68,600 $17,550 $86,150 $4,618
2016 $26,250 $15,000 $41,250 $2,380
2015 $15,000 $15,000 $656
2014 $15,000 $15,000 $128
2013 $17,550 $17,550 $791
2012 $13,750 $13,750 $558
2010 $13,750 $13,750 $558
2007 $17,550 $17,550 $717

Property facts

Year built
2016
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,174 sqft
Lot size
6,534 sqft
ZIP code
38002
City
Lakeland
Street
Drop Seed Cir
Coordinates
35.26807, -89.72808

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,761
Gross rental yield
11.03%
Implied cap rate
7.17%
Trend-extrapolated value

Frequently asked questions

When did 10040 Drop Seed Cir last sell?
10040 Drop Seed Cir most recently sold on Jul 21, 2022 for $518,000.
What is the current tax assessment for 10040 Drop Seed Cir?
The most recent total assessment for 10040 Drop Seed Cir (year 2025) is $141,700 with $3,811 in property tax.
How does 10040 Drop Seed Cir's assessment compare to its last sale price?
The current assessment is 72.6% below the last sale price of $518,000.
When was 10040 Drop Seed Cir built?
10040 Drop Seed Cir was built in 2016.
How does 10040 Drop Seed Cir compare to others on Drop Seed Cir?
We do not currently track other properties on Drop Seed Cir.
What are the property facts for 10040 Drop Seed Cir?
10040 Drop Seed Cir is a 4 bed, 4 bath, 3,174 sqft, 6,534 sqft lot single_family.
Is 10040 Drop Seed Cir a flip candidate?
No — 10040 Drop Seed Cir does not appear in our flips dataset.
Is 10040 Drop Seed Cir a tax-appeal candidate?
No — 10040 Drop Seed Cir is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+13.6%
Implied 1-yr
+54.5%
2026 Q3
$1.54M
2026 Q4
$1.66M
ZIP 38002 — Median Price History + Forecast

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