NOT LISTED FOR SALE

5002 Owen Rd Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $133,738 - $157,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$117/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $110,000 $92 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $812/month

Highlights

  • Deck
  • Eat-In Kitchen
  • Partially Carpeted
  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of July 2021

INVESTORS ONLY!! DO NOT DISTURB TENANT. SFH Rented for $775/month, managed by a Local Professional Management Company. Lease expires 6/23/2022. Tenant moved in 12/23/2020. Completely renovated in 2016- Repair and maintenance history available upon request. Showings only with accepted offer.

Last Agent to Sell the Property

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 06/01/2021

KAIZEN Realty, LLC

Last Buyer's Agent

Robin Fauser

Coldwell Banker Collins-Maury License #287935

Coldwell Banker Collins-Maury

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $631

Year Built

  • Built in 1955

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 59x135
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,109 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Deck
  • Central Heating and Cooling System

Community Details

  • Summer View First Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 063066 00027

Home Details

Home Type

Single Family

Est. Annual Taxes

$631

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 753B
  • MAAR Subdivision Name: SUMMER VIEW
  • List Price Per Sq Ft: 90
  • Number Of Stories: 1
  • Price Per Sq Ft: 99.19
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1109
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Deck

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 89
  • Acreage: 0.18
  • Lot Size: 59X135
  • Price Per Acre: 555000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 063066 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 2, 2021
Sold by
Darrell Latrice
Bought by
The Entrust Group Inc
Seller's Agent
Jeremy Veldman
KAIZEN Realty, LLC
Buyer's Agent
Robin Fauser
Coldwell Banker Collins-Maury
List Price
$99,900
Sold Price
$110,000
Premium/Discount to List
$10,100
10.11%
Current Estimated Value
$140,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,435
Avg. Annual Appreciation
4.52%

Purchase Details

Closed on
Jun 27, 2016
Sold by
Memphis Turnkey Properties Gp
Bought by
Darrell Latrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2016
Sold by
Luton Deana A
Bought by
Memphis Turnkey Properties Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 1999
Sold by
Hanson Curtis A and Hanson Tara S
Bought by
Luton Deana A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,468
Interest Rate
6.74%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 1996
Sold by
The University Corp
Bought by
Hanson Curtis A and Hanson Tara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
8.02%

Purchase Details

Closed on
Aug 18, 1995
Bought by
Poole Charles D
Source: Public Records

Range of Values:

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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
The Entrust Group Inc $110,000 Saddle Creek Title Llc
Darrell Latrice $65,000 Saddle Creek Title Llc
Memphis Turnkey Properties Gp $25,000 Saddle Creek Title Llc
Luton Deana A $61,500 Tri State Title & Escrow Inc
Hanson Curtis A $53,000 --
Poole Charles D $25,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Darrell Latrice $52,000
Previous Owner Memphis Turnkey Properties Gp $45,000
Previous Owner Memphis Turnkey Properties Gp $45,000
Previous Owner Luton Deana A $61,468
Previous Owner Hanson Curtis A $54,000
Previous Owner Hanson Curtis A $11,000
Closed Hanson Curtis A $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $110,000 +10.1% $110 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $99,900 -- $100 / 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 $631 $33,475 $4,925 $28,550
2024 $631 $18,625 $3,075 $15,550
2023 $1,135 $18,625 $3,075 $15,550
2022 $1,135 $18,625 $3,075 $15,550
2021 $643 $18,625 $3,075 $15,550
2020 $1,328 $18,325 $2,150 $16,175
2019 $586 $18,325 $2,150 $16,175
2018 $586 $18,325 $2,150 $16,175
2017 $600 $18,325 $2,150 $16,175
2016 $456 $10,425 $0 $0
2014 $456 $10,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Veldman

    Seller's Agent in 2021

    Jeremy Veldman

    KAIZEN Realty, LLC

    (901) 221-4041

    3 in this area

    213 Total Sales

    Jeremy Veldman
    Section Image
  • Robin Fauser

    Buyer's Agent in 2021

    Robin Fauser

    Coldwell Banker Collins-Maury

    (901) 494-0355

    1 in this area

    102 Total Sales

    Robin Fauser
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10100682

Memphis Area Association of REALTORS®

APN: 06-3066-0-0027

Tennessee Shelby County Memphis 38122 Berclair

5002 Owen Rd, Memphis, TN

This home is located at 5002 Owen Rd, Memphis, TN 38122 since 01 June 2021 and is currently estimated at $140,435, approximately $117 per square foot. This property was built in 1955. 5002 Owen Rd is a home located in Shelby County with nearby schools including Berclair Elementary School, Kingsbury High School, and Treadwell Middle School.

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