NOT LISTED FOR SALE

5111 Neely Rd Memphis, TN 38109

Whitehaven Neighborhood

Estimated Value: $117,000 - $138,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$107/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $110,000 $92 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $732/month

71 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Landscaped

About This Home

As of May 2021

Full TURNKEY renovation in a great neighborhood. This investment property features a new 30-year architectural shingle roof, new HVAC, new cabinets and upgraded kitchen = tile floors, new appliances, updated plumbing. ALL PERMITS PULLED! Hardwood flooring in high traffic areas. UPGRADED bathroom featuring all tile shower, steel tub, tile floors, and new vanity/commode. Professionally managed. Seller has multiple investment properties available.

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 12/23/2020

Foundation Property Management

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 12/23/2020

Foundation Property Management

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 104x138
  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,060 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport

Community Details

  • Holmes Rd 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 076130 00002

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: HOLMES RD 1ST ADD
  • List Price Per Sq Ft: 113
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1060
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1

Lot Info

  • Lot Description: Level, Landscaped
  • Lot Number: 217
  • Acreage: 0.31
  • Lot Size: 104X138

Tax Info

  • Assessor Parcel Number: 076130 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2023
Sold by
Reed Lorie D
Bought by
Lorie D Reed Separate Property Trust
Current Estimated Value
$128,751

Purchase Details

Listed on
Dec 23, 2020
Closed on
May 27, 2021
Sold by
Chickasaws Ventures Llc
Bought by
Reed Lorie D
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%
Original Mortgage
$88,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2020
Sold by
Thompson Julia
Bought by
Chickasaw Ventures Llc

Purchase Details

Closed on
Jul 20, 2020
Sold by
Thompson Julia
Bought by
Chickasaw Ventures Llc

Purchase Details

Closed on
Aug 10, 2019
Sold by
Harris Jerry
Bought by
Thompson Clarence and Thompson Julia D

Purchase Details

Closed on
Jul 25, 2019
Sold by
Thompson Clarence and Thompson Julia D
Bought by
Hearts Jerry and Jerry Buys Homes
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Lorie D Reed Separate Property Trust -- None Listed On Document
Reed Lorie D $110,000 None Available
Chickasaw Ventures Llc -- None Available
Chickasaw Ventures Llc $23,000 None Available
Thompson Clarence -- None Available
Hearts Jerry $200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Lorie D $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $110,000 -8.3% $110 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
12/23/2020 12/23/20 For Sale $120,000 -- $120 / 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 $775 $31,700 $3,375 $28,325
2024 $775 $22,850 $2,375 $20,475
2023 $1,392 $22,850 $2,375 $20,475
2022 $1,392 $22,850 $2,375 $20,475
2021 $963 $13,300 $2,375 $10,925
2020 $328 $10,275 $2,375 $7,900
2019 $328 $10,275 $2,375 $7,900
2018 $328 $10,275 $2,375 $7,900
2017 $336 $10,275 $2,375 $7,900
2016 $429 $9,825 $0 $0
2014 $429 $9,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2021

    James Wachob

    Foundation Property Management

    (901) 633-1484

    73 in this area

    650 Total Sales

    James Wachob
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10090795

Memphis Area Association of REALTORS®

APN: 07-6130-0-0002

Tennessee Shelby County Memphis 38109 Whitehaven

5111 Neely Rd, Memphis, TN

Not Listed for Sale

Detached

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® Listing content and images Copyright 2025 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Nearby Homes