5 Lombardy Rd Memphis, TN 38111
Chickasaw Gardens NeighborhoodEstimated Value: $167,000 - $208,000
2
Beds
2
Baths
1,422
Sq Ft
$130/Sq Ft
Est. Value
About This Home
This home is located at 5 Lombardy Rd, Memphis, TN 38111 and is currently estimated at $185,132, approximately $130 per square foot. 5 Lombardy Rd is a home located in Shelby County with nearby schools including Sherwood Middle, Melrose High School, and Cornerstone Prep - Lester Campus.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 5, 2025
Sold by
Superior Property And Management Llc
Bought by
Gibbs Desmond D
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Outstanding Balance
$163,667
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$21,465
Purchase Details
Closed on
Jan 11, 2021
Sold by
Gaerig Eugene C and Gaerig Mary Louise
Bought by
Superior Property And Management Llc
Purchase Details
Closed on
May 12, 2016
Sold by
Varner Allison Pridgen and Oellerich Sherrvl Pridgen
Bought by
Gaerig Eugene C and Gaerig Mary Louise
Purchase Details
Closed on
Oct 28, 2002
Sold by
Crighton Martha Anne Wallace and Crighton David
Bought by
Pridgen Barbara Carroll
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gibbs Desmond D | $182,500 | Titan Title Company | |
| Superior Property And Management Llc | $156,275 | None Available | |
| Gaerig Eugene C | $105,000 | Realty Title | |
| Pridgen Barbara Carroll | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gibbs Desmond D | $164,250 |
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 | $1,246 | $44,175 | $4,350 | $39,825 |
| 2024 | $1,246 | $36,750 | $4,350 | $32,400 |
| 2023 | $2,239 | $36,750 | $4,350 | $32,400 |
| 2022 | $2,239 | $36,750 | $4,350 | $32,400 |
| 2021 | $997 | $36,750 | $4,350 | $32,400 |
| 2020 | $2,031 | $28,025 | $4,350 | $23,675 |
| 2019 | $896 | $28,025 | $4,350 | $23,675 |
| 2018 | $896 | $28,025 | $4,350 | $23,675 |
| 2017 | $917 | $28,025 | $4,350 | $23,675 |
| 2016 | $1,180 | $27,000 | $0 | $0 |
| 2014 | $1,180 | $27,000 | $0 | $0 |
Source: Public Records
Map
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