NOT LISTED FOR SALE

5090 Locust Bend Rd Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $420,000 - $515,000

4 Beds
3.5 Baths
2,800-2,999 Sq Ft
$159/Sq Ft Est. Value

Last Sold November 06, 2018

Last sale price $270,000 $90 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,935/month

123 Days on Market

Highlights

  • In Ground Pool
  • 2.41 Acre Lot
  • Soft Contemporary Architecture
  • Garage Apartment
  • Wooded Lot
  • Whirlpool Bathtub

About This Home

As of November 2018

Country living with over 5000 sq ft including finished basement with 4 rooms, kitchen and bath. inground pool. Open floor plan with huge living room with vaulted ceiling and wood beams. separate den with fireplace. basement stays 72 degrees year round and does not require HVAC. Separate barn/storage building offers 2-3 parking spaces with possible living area upstairs. also plumbed for bath. All on 2.4 acres on quiet street of custom homes. Must see to appreciate!

Last Listed By

Ric Bowman

Weichert, REALTORS-BenchMark License #226975 Listed on: 06/08/2018

Weichert, REALTORS-BenchMark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,124

Year Built

  • Built in 1987

Lot Details

  • 2.41 Acre Lot
  • Wooded Lot

Home Design

  • Soft Contemporary Architecture
  • Composition Shingle Roof

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,782 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Blower Fan
  • Fireplace Features Masonry
  • Aluminum Window Frames
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Play Room
  • Wall to Wall Carpet
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Garage Apartment
  • Garage Door Opener
  • Driveway

Accessible Home Design

  • Accessible Ramps

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Hidden Grotto Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0256J A00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,124

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • Cross Street: holmes
  • MLS Map #: 789C
  • MAAR Subdivision Name: HIDDEN GROTTO SEC A
  • Handicap Design: Ramp
  • List Price Per Sq Ft: 95
  • Number Of Stories: 1
  • Price Per Sq Ft: 97.05
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2782
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Basement
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room, Blower
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Play Room, Bonus Room, Office/Sewing Room, Finished Basement, Entry Hall
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Pool Cleaning Equipment, Storage Building, Garage Apartment, Workshop
  • Exterior Windows: Brick Veneer, Stone, Aluminum Window(s)
  • Foundation: Full Basement
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 4
  • Parking Display: 4A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s)

Utilities

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

Lot Info

  • Lot Description: Wooded
  • Lot Number: 10
  • Acreage: 2.41
  • Lot Size: 2.41AC 482.19/446.30X292.13/274.03
  • Price Per Acre: 109959

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: D0256J A00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2018
Closed on
Nov 6, 2018
Sold by
Threlkeld Paula K and Upton Family Irrevocable Turst
Bought by
Mendez Mendez Jacinto Campos Jacinto Campos and Mendez Ortiz Maria D
Seller's Agent
Ric Bowman
Weichert, REALTORS-BenchMark
Buyer's Agent
Itzel Sanchez Bustamante
Keller Williams
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%
Total Days on Market
123
Current Estimated Value
$477,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,957
Avg. Annual Appreciation
7.98%
Original Mortgage
$265,109
Outstanding Balance
$238,184
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$208,478

Purchase Details

Listed on
Jun 8, 2018
Closed on
Oct 30, 2018
Sold by
Upton Gail F and Upton Paul H
Bought by
Threlkeld Paula K and Upton Family Irrevocable
Seller's Agent
Ric Bowman
Weichert, REALTORS-BenchMark
Buyer's Agent
Itzel Sanchez Bustamante
Keller Williams
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Outstanding Balance
$238,184
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$208,478

Purchase Details

Closed on
Feb 28, 2014
Sold by
Upton Paul H and Upton Paul H
Bought by
Upton Paula F and The Upton Family Irrevocable Trust

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
Mendez Mendez Jacinto Campos Jacinto Campos $270,000 None Available
Threlkeld Paula K -- --
Upton Paula F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendez Mendez Jacinto Campos Jacinto Campos $265,109
Closed Threlkeld Paula K --
Previous Owner Threlkeld Paula K $176,000
Previous Owner Upton Paul H $125,000
Previous Owner Upton Paul H $90,000
Previous Owner Upton Paul H $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2018 12/09/18 Off Market $270,000 -- --
11/06/2018 11/06/18 Sold $270,000 +1.9% $96 / Sq Ft
09/15/2018 09/15/18 Price Changed $265,000 -3.6% $95 / Sq Ft
08/07/2018 08/07/18 Price Changed $275,000 -4.8% $98 / Sq Ft
07/17/2018 07/17/18 Price Changed $289,000 -2.0% $103 / Sq Ft
06/08/2018 06/08/18 For Sale $295,000 -- $105 / 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
2024 $3,124 $92,150 $15,025 $77,125
2023 $3,124 $92,150 $15,025 $77,125
2022 $3,124 $92,150 $15,025 $77,125
2021 $3,179 $92,150 $15,025 $77,125
2020 $2,894 $71,450 $15,025 $56,425
2019 $2,894 $71,450 $15,025 $56,425
2018 $2,320 $57,275 $15,025 $42,250
2017 $2,354 $57,275 $15,025 $42,250
2016 $2,475 $56,625 $0 $0
2014 $2,475 $56,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ric Bowman

    Seller's Agent in 2018

    Ric Bowman

    Weichert, REALTORS-BenchMark

    (901) 493-2309

    88 Total Sales

    Ric Bowman
    Section Image
  • Itzel Sanchez Bustamante

    Buyer's Agent in 2018

    Itzel Sanchez Bustamante

    Keller Williams

    (901) 378-4334

    23 in this area

    614 Total Sales

    Itzel Sanchez Bustamante
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10029075

Memphis Area Association of REALTORS®

APN: D0-256J-A0-0014

Tennessee Shelby County Memphis 38125 Southern Shelby County

5090 Locust Bend Rd, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 5090 Locust Bend Rd, Memphis, TN 38125 since 08 June 2018 and is currently estimated at $477,957, approximately $159 per square foot. This property was built in 1987. 5090 Locust Bend Rd is a home located in Shelby County with nearby schools including Southwind Elementary School, Highland Oaks Middle School, and Southwind High School.

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