NOT LISTED FOR SALE

2840 Five Colonies Ln Memphis, TN 38119

Shady Grove Neighborhood

Estimated Value: $224,000 - $241,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$130/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $102,000 $57 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,352/month

Highlights

  • 1 Fireplace
  • Eat-In Kitchen
  • Partially Carpeted
  • Screened Porch
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of February 2019

This 3 bedroom 2 bath home needs repairs and will not go FHA. This is a short sale that has not been approved.

Last Agent to Sell the Property

LaKendrea Hall

Epique Realty License #311636 Listed on: 06/05/2018

Co-Listed By

Stacy Hobson

J Hunter Realty License #303816

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,533

Year Built

  • Built in 1983

Lot Details

  • 0.45

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,762 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Screened Porch
  • Partially Carpeted
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage

Additional Features

  • 0.45 Acre Lot
  • Central Heating and Cooling System

Community Details

  • Andover Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 081071 00040

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,533

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ANDOVER SEC A
  • List Price Per Sq Ft: 58
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1762
  • Year Built: 1983
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Screen Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Number: 2
  • Acreage: 0.45
  • Lot Size: 95X207.3/206.42

Tax Info

  • Assessor Parcel Number: 081071 00040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2021
Sold by
Rei Nation Llc
Bought by
Mendoza April
Current Estimated Value
$233,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Outstanding Balance
$124,032
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$109,837

Purchase Details

Closed on
Nov 30, 2020
Sold by
Byrnes Matthew
Bought by
Rei Nation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Outstanding Balance
$124,032
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$109,837

Purchase Details

Closed on
May 30, 2019
Sold by
Rei Nation Llc
Bought by
Byrnes Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,920
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2018
Closed on
Mar 4, 2019
Sold by
Meeks Terry Lee
Bought by
Rei Nation Llc
Seller's Agent
LaKendrea Hall
Epique Realty
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$102,000
Sold Price
$102,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%

Purchase Details

Closed on
Oct 3, 2006
Sold by
Moore Carolyn and Moore Norman Joseph
Bought by
Meeks Terry Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,784
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 1995
Bought by
Carolyn Moore
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mendoza April $185,000 None Available
Rei Nation Llc $152,000 None Available
Byrnes Matthew $159,900 Fntg
Rei Nation Llc $102,000 Edco Title & Closing Svcs In
Meeks Terry Lee $136,900 Realty Title & Escrow Co Inc
Carolyn Moore $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza April $138,750
Previous Owner Byrnes Matthew $127,920
Previous Owner Meeks Terry Lee $134,784
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2019 02/28/19 Sold $102,000 0.0% $64 / Sq Ft
06/05/2018 06/05/18 For Sale $102,000 -- $64 / Sq Ft
Source: Memphis Area Association of REALTORS®

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
2025 $1,533 $60,300 $8,500 $51,800
2024 $1,533 $45,225 $7,650 $37,575
2023 $2,755 $45,225 $7,650 $37,575
2022 $2,755 $45,225 $7,650 $37,575
2021 $1,560 $45,225 $7,650 $37,575
2020 $2,330 $32,150 $6,450 $25,700
2019 $1,028 $32,150 $6,450 $25,700
2018 $1,028 $32,150 $6,450 $25,700
2017 $1,052 $32,150 $6,450 $25,700
2016 $1,316 $30,125 $0 $0
2014 $1,316 $30,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • LaKendrea Hall

    Seller's Agent in 2019

    LaKendrea Hall

    Epique Realty

    (901) 701-6200

    52 Total Sales

    LaKendrea Hall
    Section Image

  • S

    Seller Co-Listing Agent in 2019

    Stacy Hobson

    J Hunter Realty

    (901) 483-0412

    112 Total Sales

    Stacy Hobson
    Section Image

  • M

    Buyer's Agent in 2019

    Mark Saller

    Reedy Group II, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10043863

Memphis Area Association of REALTORS®

APN: 08-1071-0-0040

Tennessee Shelby County Memphis 38119 Shady Grove

2840 Five Colonies Ln, Memphis, TN

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