NOT LISTED FOR SALE

5051 Flanders Ave Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $103,000 - $142,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
$87/Sq Ft Est. Value

Last Sold January 27, 2019

Last sale price $75,000 $54 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $713/month

65 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Entrance Foyer
  • Separate Formal Living Room
  • Patio
  • Storage Room

About This Home

As of January 2019

Spacious 2 bedroom 2 bath home with large den with built-in bookcases and fireplace. Dining room is perfect for family gatherings. Kitchen has eat-in bar, new stove and pantry. Largest bedroom was 2 bedrooms and at one time which could be converted back to 2 bedrooms with little ease making a 3 bedroom home. Single carport, storage room and storage building in backyard with partial wooden and chain link fence. Roof and HVAC unit outside are 2 years old. Perfect for family or investor.

Last Agent to Sell the Property

Kim Finney

Dream Maker Realty, LLC License #322316 Listed on: 09/24/2018

Last Buyer's Agent

Allen Noah

KAIZEN Realty, LLC License #344734

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $678

Year Built

  • Built in 1968

Lot Details

  • 8,712 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,342 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Storage Room
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Doors
  • Iron Doors

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Patio
  • Ground Level

Community Details

  • Cromwell Park 3Rd Addn Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074034 00120

Home Details

Home Type

Single Family

Est. Annual Taxes

$678

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 772H
  • MAAR Subdivision Name: CROMWELL PARK 3RD ADD
  • List Price Per Sq Ft: 56
  • Number Of Stories: 1
  • Price Per Sq Ft: 55.89
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1342
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Carpet
  • Bedroom 3 Description: Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Breakfast Bar, Pantry
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Entry Hall
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Half Bath

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Wood Fence, Chain Fence
  • Exterior Windows: Brick Veneer, Vinyl Siding, Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Wood Fenced, Chain Fenced
  • Lot Number: 146
  • Acreage: 0.2
  • Lot Size: .2
  • Price Per Acre: 375000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 074034 00120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2018
Sold by
Owens Lynda Sherrell
Bought by
Bougard Clay
Current Estimated Value
$121,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,041
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2004
Sold by
Turner Jana
Bought by
Owens Lynda Sherrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bougard Clay $75,000 None Available
Owens Lynda Sherrell $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bougard Clay $67,041
Previous Owner Bougard Clay $67,041
Previous Owner Owens Lynda Sherrell $79,900
Previous Owner Turner Jana D $47,984
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2019 01/27/19 Sold $75,000 0.0% $63 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $75,000 -- $63 / 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 $678 $29,400 $4,275 $25,125
2024 $678 $20,000 $3,550 $16,450
2023 $1,218 $20,000 $3,550 $16,450
2022 $1,218 $20,000 $3,550 $16,450
2021 $690 $20,000 $3,550 $16,450
2020 $1,163 $16,050 $3,550 $12,500
2019 $513 $16,050 $3,550 $12,500
2018 $513 $16,050 $3,550 $12,500
2017 $525 $16,050 $3,550 $12,500
2016 $660 $15,100 $0 $0
2014 $660 $15,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kim Finney

    Dream Maker Realty, LLC

    (662) 902-6319

    66 Total Sales

    Kim Finney
    Section Image
  • Allen Noah

    Buyer's Agent in 2019

    Allen Noah

    KAIZEN Realty, LLC

    (901) 608-8458

    1 in this area

    15 Total Sales

    Allen Noah
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10037352

Memphis Area Association of REALTORS®

APN: 07-4034-0-0120

Tennessee Shelby County Memphis 38118 Parkway Village

5051 Flanders Ave, Memphis, TN

This home is located at 5051 Flanders Ave, Memphis, TN 38118 since 24 September 2018 and is currently estimated at $121,407, approximately $86 per square foot. This property was built in 1968. 5051 Flanders Ave is a home located in Shelby County with nearby schools including Cromwell Elementary School, Wooddale High School, and Compass Community School Hickory Hill Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes