NOT LISTED FOR SALE

5110 Lochinvar Rd Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $96,000 - $126,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 09, 2018

Last sale price $79,900 $67 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $681/month

Highlights

  • Traditional Architecture
  • Community Pool
  • Patio
  • Attic
  • Some Wood Windows
  • Tile Flooring

About This Home

As of August 2018

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2018 standards! Target rent = $850.00 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 07/10/2018

Foundation Property Management

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $645

Year Built

  • Built in 1959

Lot Details

  • 0.32 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,048 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic
  • Iron Doors
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 079097 00048

Community Details

Overview

  • Whitehaven View 1St Addn Re Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$645

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 768D
  • MAAR Subdivision Name: WHITEHAVEN VIEW 1ST ADD
  • List Price Per Sq Ft: 76
  • Number Of Stories: 1
  • Price Per Sq Ft: 76.24
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1048
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1/2 Bath, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Disposal
  • Living Dining Kitchen: LR/DR Combination
  • Misc Interior: Pull Down Attic Stairs, Vent Hood/Exhaust Fan
  • Other Rooms: Attic
  • Total Bathrooms: 1.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

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

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Iron Door(s)
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Level
  • Lot Number: 146
  • Acreage: 0.32
  • Lot Size: 14139
  • Price Per Acre: 249688

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 079097 00048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Aug 10, 2018
Sold by
Memphis Investment Rental Properties Llc
Bought by
Caglar Levent
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$79,900
Sold Price
$79,900
Current Estimated Value
$115,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,165
Avg. Annual Appreciation
6.66%
Original Mortgage
$59,925
Outstanding Balance
$52,472
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$73,163

Purchase Details

Closed on
May 22, 2018
Sold by
Ford Evelyn
Bought by
Memphis Investments Rental Propertis Llc
Source: Public Records

Range of Values:

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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
Caglar Levent $79,900 Delta Title Services Llc
Memphis Investments Rental Propertis Llc $43,087 Delta Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caglar Levent $59,925
Previous Owner Ford Evelyn $55,200
Previous Owner Ford Evelyn $51,662
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2018 08/09/18 Sold $79,900 0.0% $80 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $79,900 -- $80 / 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 $645 $26,225 $3,850 $22,375
2024 $645 $19,025 $3,125 $15,900
2023 $1,159 $19,025 $3,125 $15,900
2022 $1,159 $19,025 $3,125 $15,900
2021 $656 $19,025 $3,125 $15,900
2020 $960 $13,250 $3,125 $10,125
2019 $423 $13,250 $3,125 $10,125
2018 $423 $13,250 $3,125 $10,125
2017 $433 $13,250 $3,125 $10,125
2016 $553 $12,650 $0 $0
2014 $553 $12,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2018

    James Wachob

    Foundation Property Management

    (901) 633-1484

    66 in this area

    619 Total Sales

    Section Image

  • B

    Buyer's Agent in 2018

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    46 in this area

    445 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10031475

Memphis Area Association of REALTORS®

APN: 07-9097-0-0048

Tennessee Shelby County Memphis 38116 Whitehaven

5110 Lochinvar Rd, Memphis, TN

This home is located at 5110 Lochinvar Rd, Memphis, TN 38116 since 10 July 2018 and is currently estimated at $115,065, approximately $95 per square foot. This property was built in 1959. 5110 Lochinvar Rd is a home located in Shelby County with nearby schools including Holmes Road Elementary School, Havenview Middle School, and Whitehaven High School.

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