NOT LISTED FOR SALE

5040 Overview Ridge Cove Memphis, TN 38141

Hickory Hill Neighborhood

Estimated Value: $203,000 - $257,000

4 Beds
2.5 Baths
1,800-1,999 Sq Ft
$115/Sq Ft Est. Value

Last Sold April 09, 2013

Last sale price $71,500 $36 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $1,332/month

Highlights

  • Deck
  • Wood Flooring
  • Great Room
  • Traditional Architecture
  • Whirlpool Bathtub
  • Den with Fireplace

About This Home

As of April 2013

contingent upon 3rd party short sale approval

Last Agent to Sell the Property

Cal Aycock

KAIZEN Realty, LLC License #271047 Listed on: 10/19/2012

KAIZEN Realty, LLC

Last Buyer's Agent

Laverne Deanes

Exit Realty Blues City License #261703

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,237

Year Built

  • Built in 1990

Lot Details

  • 0.27 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,976 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Factory Built Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Aluminum Window Frames
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Parking

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

Outdoor Features

  • Cove
  • Deck

Utilities

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

Community Details

  • The Village Of Lake Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0255M L00064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,237

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Cross Street: CLEARPOINT RD
  • MLS Map #: 789B
  • MAAR Subdivision Name: LAKE POINT (THE VILLAGE OF)
  • Number Of Stories: 2
  • Price Per Sq Ft: 36.18
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1976
  • Year Built: 1990
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, 1/2 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Luxury Primary Bath, Whirlpool(s)
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 2, Hardwood Floor
  • Bedroom 3 Description: Level 2, Hardwood Floor
  • Bedroom 4 Description: Level 2, Hardwood Floor
  • Bedrooms: 4
  • Fireplace: Prefabricated, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Tile, Sprayed Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Whirlpool Tub, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Dual System, 220 Wiring
  • Heating: Central, Dual System
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Cove
  • Lot Number: 64
  • Acreage: 0.27
  • Lot Size: 12061SF 105.98/85X153.44/125.45

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: D0255M L00064

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2012
Closed on
Apr 9, 2013
Sold by
Harper Donna
Bought by
Todd Maria Y
Seller's Agent
Cal Aycock
KAIZEN Realty, LLC
Buyer's Agent
Laverne Deanes
Exit Realty Blues City
List Price
$75,000
Sold Price
$71,500
Premium/Discount to List
-$3,500
-4.67%
Current Estimated Value
$230,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,285
Avg. Annual Appreciation
9.82%
Original Mortgage
$70,204
Outstanding Balance
$49,058
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$181,727

Purchase Details

Closed on
Dec 6, 2002
Sold by
Harris Trust & Savings Bank
Bought by
Harper Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.99%

Purchase Details

Closed on
Jul 1, 2002
Sold by
Brown Glenda I
Bought by
Harris Trust & Svgs Bank and Cityscape Home Equity Loan Trust 1996-3

Purchase Details

Closed on
Jul 25, 1996
Sold by
Barham Phillip B and Barham Lynn A
Bought by
Brown Glenda I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
8.26%
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
Todd Maria Y $71,500 Alliance Title & Escrow Llc
Harper Donna $115,000 --
Harris Trust & Svgs Bank $111,894 --
Brown Glenda I $120,730 First Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Todd Maria Y $70,204
Previous Owner Harper Donna $115,000
Previous Owner Brown Glenda I $106,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2013 04/09/13 Sold $71,500 -4.7% $40 / Sq Ft
10/29/2012 10/29/12 Pending -- -- --
10/19/2012 10/19/12 For Sale $75,000 -- $42 / 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 $1,237 $51,200 $12,600 $38,600
2024 $1,237 $36,475 $6,825 $29,650
2023 $1,237 $36,475 $6,825 $29,650
2022 $1,237 $36,475 $6,825 $29,650
2021 $1,258 $36,475 $6,825 $29,650
2020 $1,024 $25,275 $6,825 $18,450
2019 $1,024 $25,275 $6,825 $18,450
2018 $1,024 $25,275 $6,825 $18,450
2017 $1,039 $25,275 $6,825 $18,450
2016 $1,118 $25,575 $0 $0
2014 $1,118 $25,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3258583

Memphis Area Association of REALTORS®

APN: D0-255M-L0-0064