NOT LISTED FOR SALE

5023 Scheibler Rd Unit E2 Memphis, TN 38128

Estimated Value: $125,000 - $147,000

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

Last Sold July 31, 2019

Last sale price $94,000 $67 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $788/month

47 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Traditional Architecture
  • Gated Parking
  • Landscaped Professionally
  • Guest Suites

About This Home

As of July 2019

Excellent 55+ Independent Living. Cable, maintenance inside and out, gated, housekeeping, some meals all included in monthly service fee.

Last Agent to Sell the Property

Tim Castor

Lutheran Village License #252581 Listed on: 06/14/2019

Last Buyer's Agent

Tim Castor

Lutheran Village License #252581 Listed on: 06/14/2019

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1992

Lot Details

  • Wrought Iron Fence
  • Landscaped Professionally
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,300 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Gated Parking

Outdoor Features

  • Patio
  • Porch

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 087076 A00143

Community Details

Overview

  • Property has a Home Owners Association
  • $683 Maintenance Fee
  • Association fees include exterior maintenance, grounds maintenance, pest control contract, trash collection
  • Luthern Village Condo Subdivision

Amenities

  • Guest Suites

Recreation

  • Recreation Facilities
  • Fitness Center

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1992

Lot Details

3,572 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • MAAR Subdivision Name: LUTHERAN VILLAGE CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 72
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1300
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Carpet, Shared Bath
  • Bedroom 3 Description: Carpet, Shared Bath
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Washer, Dryer, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: Smoke Detector(s)
  • Other Rooms: Laundry Room
  • P R I M A R Y B E D R O O M: Carpet, Full Bath

Exterior Features

  • Misc Exterior: Porch, Patio, Iron Fence
  • Exterior Windows: Stucco
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Garage Door Opener(s), Front-Load Garage, Gated Parking, Gate Clickers

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Water Sewer: Electric Water Heater, Public Sewer

Association/Amenities

  • Condo Amenities: Exercise Room, Guest Rm Available
  • Condo Fees Include: Exterior Maintenance, Grounds Maintenance, Pest Control Contract, Trash Collection
  • Condominium Association: Yes
  • Neighborhood Amenities: Gated Neighborhood, Recreation Facilities

Fee Information

  • Monthly Maintenance Fee: 683

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped, Iron Fenced
  • Lot Number: UNIT E-2
  • Lot Size: 1149SF

Tax Info

  • Assessor Parcel Number: 087076 A00143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jul 31, 2019
Sold by
Hansen Lois H
Bought by
Armstrong Mary L and Armstrong Vondra O
Seller's Agent
Tim Castor
Lutheran Village
Buyer's Agent
Tim Castor
Lutheran Village
List Price
$94,000
Sold Price
$94,000
Current Estimated Value
$137,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,836
Avg. Annual Appreciation
5.92%
Original Mortgage
$86,950
Outstanding Balance
$66,463
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
$71,373

Purchase Details

Closed on
Oct 16, 1998
Sold by
Falls Ruth S and Falls Gail Dorothy
Bought by
Falls Ruth S and Oswalt Dorothy Gail
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
Armstrong Mary L $94,000 Edco Ttl & Closing Svcs Inc
Falls Ruth S -- --
Falls Ruth S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Mary L $86,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $94,000 0.0% $78 / Sq Ft
06/14/2019 06/14/19 For Sale $94,000 -- $78 / 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 $30,175 $2,675 $27,500
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 $1,379 $22,375 $2,675 $19,700
2020 $1,500 $20,700 $2,675 $18,025
2019 $662 $20,700 $2,675 $18,025
2018 $662 $20,700 $2,675 $18,025
2017 $731 $22,350 $2,675 $19,675
2016 $942 $21,550 $0 $0
2014 $942 $21,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Castor

    Seller's Agent in 2019

    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: 10058941

Memphis Area Association of REALTORS®

APN: 08-7076-A0-0143

Tennessee Shelby County Memphis 38128

5023 Scheibler Rd Unit E2, Memphis, TN

Not Listed for Sale

Condos

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