NOT LISTED FOR SALE

5005 Laurel Forest Cove Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $420,000 - $506,000

4 Beds
4 Baths
4,000-4,499 Sq Ft
$101/Sq Ft Est. Value

Last Sold March 20, 2017

Last sale price $265,000 $59 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,713/month

Highlights

  • Community Lake
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of March 2017

Bank-owned. Large home with a great floor plan located on a quiet cul-de-sac. The home has been refreshed with new interior and exterior paint, new carpet, and some new appliances. This home has four full bathrooms, three fireplaces, and an expansive media/bonus room that is wired for sound.

Last Agent to Sell the Property

Bob Rowe

Hobson, REALTORS License #239315 Listed on: 01/30/2017

Co-Listed By

Jennifer & Joel Hobson

Hobson, REALTORS License #24371

Last Buyer's Agent

Nash Hassen

Grand Point Realty, LLC License #310858

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,625

Year Built

  • Built in 2007

Lot Details

  • 0.39 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 3,819 Sq Ft Home
  • 1.5-Story Property
  • Ceiling height of 9 feet or more
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Play Room
  • Sun or Florida Room
  • Keeping Room
  • Laundry Room
  • Attic

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • En-Suite Bathroom
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Cove
  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Laurel Tree II Pd Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number D0256N B00053

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,625

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 788B
  • MAAR Subdivision Name: LAUREL TREE II
  • List Price Per Sq Ft: 65
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 69.39
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3819
  • Year Built: 2007
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room, Sun Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Bonus Room
  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 2, Private Full Bath, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, In Living Room, In Primary Bedroom, In Keeping/Hearth room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, 9 or more Ft. Ceiling
  • Full Bathrooms: 4
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Attic
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Sun Room, Play Room, Attic
  • Total Bathrooms: 4
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Dual System
  • Heating: Central, Gas, Dual System
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Amenities: Lake

Lot Info

  • Lot Description: Some Trees, Level, Cove
  • Lot Number: 53
  • Acreage: 0.39
  • Keeping Hearth Dimension: 15x14
  • Lot Size: 115 X 149.61 IRR
  • Price Per Acre: 640769

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: D0256N B00053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2020
Sold by
Osman Ramla
Bought by
Lo Papa Ndembou
Current Estimated Value
$456,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,800
Outstanding Balance
$259,476
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$207,897

Purchase Details

Listed on
Jan 30, 2017
Closed on
Mar 20, 2017
Sold by
First Tennesse Bank National Assocition
Bought by
Lo Papa Ndembou and Osman Ramla
Seller's Agent
Bob Rowe
Hobson, REALTORS
Buyer's Agent
Nash Hassen
Grand Point Realty, LLC
List Price
$249,900
Sold Price
$265,000
Premium/Discount to List
$15,100
6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$260,200
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 2016
Sold by
Fox Vicky L
Bought by
First Tennessee Bank National Ass

Purchase Details

Listed on
Jun 26, 2012
Closed on
Dec 11, 2012
Sold by
Fannie Mae
Bought by
Fox Vicky L
Seller's Agent
Elizabeth Glosson
Fast Track Realty, LLC
Buyer's Agent
Sherry Scott Chambers
Crye-Leike, Inc., REALTORS
List Price
$322,500
Sold Price
$255,000
Premium/Discount to List
-$67,500
-20.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%
Original Mortgage
$237,736
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2012
Sold by
Brown Sharon R and Gregory Steven
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 26, 2007
Sold by
J Sweeney Homes Llc
Bought by
Brown Sharon R and Gregory Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,740
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lo Papa Ndembou -- None Available
Lo Papa Ndembou $285,000 None Available
First Tennessee Bank National Ass $186,000 None Available
Fox Vicky L $255,000 None Available
Federal National Mortgage Association $364,766 None Available
Brown Sharon R $359,740 Southern Trust Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lo Papa Ndembou $288,800
Previous Owner Lo Papa Ndembou $260,200
Previous Owner Fox Vicky L $237,736
Previous Owner Brown Sharon R $359,740
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2017 03/20/17 Sold $265,000 +6.0% $66 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $249,900 -2.0% $62 / Sq Ft
12/11/2012 12/11/12 Sold $255,000 -20.9% $64 / Sq Ft
10/23/2012 10/23/12 Pending -- -- --
06/26/2012 06/26/12 For Sale $322,500 -- $81 / 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 $3,625 $112,925 $21,375 $91,550
2024 $3,625 $106,925 $13,250 $93,675
2023 $3,625 $106,925 $13,250 $93,675
2022 $3,625 $106,925 $13,250 $93,675
2021 $4,330 $106,925 $13,250 $93,675
2020 $3,897 $96,225 $13,250 $82,975
2019 $6,967 $96,225 $13,250 $82,975
2018 $3,897 $96,225 $13,250 $82,975
2017 $3,955 $96,225 $13,250 $82,975
2016 $3,429 $78,475 $0 $0
2014 $3,429 $78,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bob Rowe

    Hobson, REALTORS

    Section Image
  • Jennifer & Joel Hobson

    Seller Co-Listing Agent in 2017

    Jennifer & Joel Hobson

    Hobson, REALTORS

    (901) 482-2929

    2 in this area

    182 Total Sales

    Jennifer & Joel Hobson
    Section Image
  • Nash Hassen

    Buyer's Agent in 2017

    Nash Hassen

    Grand Point Realty, LLC

    (901) 922-5855

    2 in this area

    18 Total Sales

    Nash Hassen
    Section Image
  • Elizabeth Glosson

    Seller's Agent in 2012

    Elizabeth Glosson

    Fast Track Realty, LLC

    (901) 336-8103

    1 in this area

    126 Total Sales

    Elizabeth Glosson
    Section Image
  • Sherry Scott Chambers

    Buyer's Agent in 2012

    Sherry Scott Chambers

    Crye-Leike

    (901) 216-3470

    7 in this area

    76 Total Sales

    Sherry Scott Chambers
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9994594

Memphis Area Association of REALTORS®

APN: D0-256N-B0-0053

Tennessee Shelby County Memphis 38125 Southern Shelby County

5005 Laurel Forest Cove, Memphis, TN

This home is located at 5005 Laurel Forest Cove, Memphis, TN 38125 since 30 January 2017 and is currently estimated at $456,495, approximately $101 per square foot. This property was built in 2007. 5005 Laurel Forest Cove is a home located in Shelby County with nearby schools including Southwind Elementary School, Germantown Middle School, and Germantown High School.

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