NOT LISTED FOR SALE

2840 Five Colonies Ln Memphis, TN 38119

Shady Grove Neighborhood

Estimated Value: $235,000 - $253,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$134/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2019

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

Est. 137% increase in value since last sale

Current estimated payment $1,464 / mo

264 Days on Market

Highlights

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

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

Epique Realty

Co-Listed By

Stacy Hobson

J Hunter Realty License #303816

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 0.45

Home Design

  • Brick Veneer

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

  • 19,602 Sq Ft 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

Year Built

Built in 1983

Lot Details

0.45 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2021
Sold by
Bought by
Current Estimated Value
$241,812

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
$121,158
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$120,654

Purchase Details

Closed on
Nov 30, 2020
Sold by
Bought by

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
$121,158
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$120,654

Purchase Details

Closed on
May 30, 2019
Sold by
Bought by

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
Bought by
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
12.23%

Purchase Details

Closed on
Oct 3, 2006
Sold by
Bought by

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Shady Grove, TN

  • Michael Beck Real Estate Agent - eXp Realty

    Michael Beck

    eXp Realty

    (901) 763-6075

    11 Total Sales

    1 in Shady Grove

    $309,000 Price

    Michael Beck
     Section Image
  • Jordan Ray Real Estate Agent - eXp Realty

    Jordan Ray

    eXp Realty

    (901) 350-7982

    180 Total Sales

    1 in Shady Grove

    $275,000 Price

    Jordan Ray
     Section Image
  • C. Lauren Jones Real Estate Agent - Crye-Leike, Inc., REALTORS

    C. Lauren Jones

    Crye-Leike, Inc., REALTORS

    (901) 881-4903

    90 Total Sales

    2 in Shady Grove

    $235K - $560K Price Range

    C. Lauren Jones
     Section Image
  • Steve Boysen Real Estate Agent - Crye-Leike, Inc., REALTORS

    Steve Boysen

    Responds Quickly

    Crye-Leike, Inc., REALTORS

    (901) 509-9947

    172 Total Sales

    1 in Shady Grove

    $347,500 Price

    Steve Boysen
     Section Image
  • Michele Johnston Real Estate Agent - Marx-Bensdorf, REALTORS

    Michele Johnston

    Marx-Bensdorf, REALTORS

    (662) 863-2952

    240 Total Sales

    2 in Shady Grove

    $225K - $415K Price Range

    Michele Johnston
     Section Image
  • Cindy Elliott Real Estate Agent - John Green & Co., REALTORS

    Cindy Elliott

    John Green & Co., REALTORS

    (901) 979-9809

    67 Total Sales

    1 in Shady Grove

    $370,000 Price

    Cindy Elliott
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$185,000 None Available
$152,000 None Available
$159,900 Fntg
$102,000 Edco Title & Closing Svcs In
$136,900 Realty Title & Escrow Co Inc
$97,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $138,750
Previous Owner $127,920
Previous Owner $134,784
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,622 $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 Real Estate Agent - Epique Realty

    Seller's Agent in 2019

    LaKendrea Hall

    Epique Realty

    (901) 701-6200

    1 in this area

    51 Total Sales

    LaKendrea Hall
    Section Image

  • S

    Seller Co-Listing Agent in 2019

    Stacy Hobson

    J Hunter Realty

    (901) 483-0412

    110 Total Sales

    Stacy Hobson
    Section Image

  • M

    Buyer's Agent in 2019

    Mark Saller

    Reedy Group II, LLC

    Section Image
See All Agents

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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

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