NOT LISTED FOR SALE

5001 Scheibler Rd Unit B2 Memphis, TN 38128

Estimated Value: $135,000 - $147,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
3,572 Sq Ft Lot

Last Sold March 31, 2016

Last sale price $64,000 $46 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $799/month

59 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Wood Flooring
  • 24-Hour Security
  • Vaulted Ceiling
  • Soft Contemporary Architecture

About This Home

As of March 2016

CONDOMINIUM RETIREMENT COMMUNITY FOR ADULTS 55 YEARS OF AGE AND OLDER. ALL MAINTENANCE INCLUDED INSIDE AND OUT, MAID SERVICE,DINNER AVAILABLE, GREAT ACTIVITIES, CABLE INCLUDED AND SO MUCH MORE. CALL TIM FOR MORE DETAILS

Last Agent to Sell the Property

Tim Castor

Lutheran Village License #252581 Listed on: 01/01/2016

Last Buyer's Agent

Tim Castor

Lutheran Village License #252581 Listed on: 01/01/2016

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • 3,572

Home Design

  • Soft Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,149 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Open Floorplan
  • Bonus Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Security Gate
  • Termite Clearance
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 087076 A00127

Community Details

Overview

  • Property has a Home Owners Association
  • $607 Maintenance Fee
  • Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, reserve fund, parking, pest control contract
  • 4 Units
  • Lutheran Village Community
  • Luthern Village Condo Subdivision
  • Property managed by LVCOA-TIM CASTOR

Amenities

  • Clubhouse
  • Guest Suites
  • Laundry Facilities

Recreation

  • Fitness Center

Security

  • 24-Hour Security
  • Building Fire Alarm
  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

3,572 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Ground Level-Single Story
  • Cross Street: COVINGTON PIKE
  • MAAR Subdivision Name: LUTHERAN VILLAGE CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 60
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1149
  • Termite Contract: Yes
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wall to Wall Carpet, Part Hardwood, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Cooktop, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Instant Hot Water, Cable Wired, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, Breakfast Bar, Pantry, Kit/DR Combo
  • Other Rooms: Laundry Room, Bonus Room, Attic

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Storm Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Burglar Alarm, Fire Alarm, Monitored Alarm System, Smoke Detector(s), Security Gate, Limited Access, Full Time Guard Service, Iron Door(s), Dead Bolt Lock(s)

Association/Amenities

  • Condo Amenities: Exercise Room, Clubhouse, Clubhouse w/ Kitchen, Clubhouse w/Dress Rooms, Community Laundry, Guest Rm Available
  • Condo Fees Include: Some Utilities, Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Reserve Fund, Parking, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: LUTHERAN VILLAGE
  • Management Company: LVCOA-TIM CASTOR

Fee Information

  • Monthly Maintenance Fee: 607

Lot Info

  • Lot Number: UNIT B-2
  • Lot Size: 1149SF

Tax Info

  • Assessor Parcel Number: 087076 A00127

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2021
Sold by
Ferrell Dwala J and The Ferrell Family Revocable T
Bought by
Parramore Diana S and Bigelow Karen K
Current Estimated Value
$139,893

Purchase Details

Listed on
Jan 1, 2016
Closed on
Mar 31, 2016
Sold by
Allison James and Allison Dinah G
Bought by
Ferrell Fay and Ferrell Family Revocable Trust
Seller's Agent
Tim Castor
Lutheran Village
Buyer's Agent
Tim Castor
Lutheran Village
List Price
$69,000
Sold Price
$64,000
Premium/Discount to List
-$5,000
-7.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%

Purchase Details

Closed on
Jun 22, 2004
Sold by
Allison Dinah Grashot
Bought by
Allison James and Allison Dinah
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Parramore Diana S $125,000 Edco Ttl & Closing Svcs Inc
Ferrell Fay $64,000 Edco Title & Closing Svcs In
Allison James -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $64,000 -7.2% $53 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
01/01/2016 01/01/16 For Sale $69,000 -- $58 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $759 $32,200 $2,675 $29,525
2024 $759 $22,375 $2,675 $19,700
2023 $1,363 $22,375 $2,675 $19,700
2022 $1,363 $22,375 $2,675 $19,700
2021 $607 $22,375 $2,675 $19,700
2020 $1,619 $22,350 $2,675 $19,675
2019 $714 $22,350 $2,675 $19,675
2018 $714 $22,350 $2,675 $19,675
2017 $731 $22,350 $2,675 $19,675
2016 $983 $22,500 $0 $0
2014 $983 $22,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Castor

    Seller's Agent in 2016

    Tim Castor

    Lutheran Village

    (901) 385-7061

    17 in this area

    18 Total Sales

    Tim Castor
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9968326

Memphis Area Association of REALTORS®

APN: 08-7076-A0-0127

Tennessee Shelby County Memphis 38128

5001 Scheibler Rd Unit B2, Memphis, TN

Not Listed for Sale

Condos

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