NOT LISTED FOR SALE

5116 Ginger Cir Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $136,000 - $144,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$99/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $89,900 $64 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $806/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of April 2019

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $900.00 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

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 03/20/2019

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $706

Year Built

  • Built in 1963

Lot Details

  • 9,583 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,215 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Cottonwood Manor Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074061 00028

Home Details

Home Type

Single Family

Est. Annual Taxes

$706

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 772C
  • MAAR Subdivision Name: COTTONWOOD MANOR BLK B
  • List Price Per Sq Ft: 74
  • Number Of Stories: 1
  • Price Per Sq Ft: 73.99
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1215
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • 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: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 174
  • Acreage: 0.22
  • Lot Size: 10,016
  • Price Per Acre: 408636

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 074061 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2022
Sold by
Wdtna Investments Llc
Bought by
Miller Melinda
Current Estimated Value
$136,381

Purchase Details

Closed on
Jul 31, 2019
Sold by
Miller Melinda
Bought by
Wdtna Investments Llc

Purchase Details

Listed on
Mar 20, 2019
Closed on
Apr 12, 2019
Sold by
Memphis Investment Rental Properties Llc
Bought by
Miller Melinda
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Original Mortgage
$71,920
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2018
Closed on
Nov 29, 2018
Sold by
Garrison Catherine L
Bought by
Memphis Investments Rental Proer
Seller's Agent
Jennie Sampson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$40,000
Sold Price
$45,000
Premium/Discount to List
$5,000
12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
517.89%
Original Mortgage
$64,000
Interest Rate
4.8%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Miller Melinda -- None Available
Wdtna Investments Llc -- None Available
Miller Melinda $89,900 Delta Title Services Llc
Memphis Investments Rental Proer $45,000 Tristate Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Melinda $71,920
Previous Owner Memphis Investments Rental Proer $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2019 04/15/19 Sold $89,900 0.0% $75 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $89,900 +99.8% $75 / Sq Ft
11/29/2018 11/29/18 Sold $45,000 +12.5% $38 / Sq Ft
10/28/2018 10/28/18 Pending -- -- --
10/25/2018 10/25/18 For Sale $40,000 -- $33 / 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 $706 $29,000 $5,200 $23,800
2024 $706 $20,825 $3,775 $17,050
2023 $1,269 $20,825 $3,775 $17,050
2022 $1,269 $20,825 $3,775 $17,050
2021 $1,283 $20,825 $3,775 $17,050
2020 $1,014 $14,000 $3,775 $10,225
2019 $447 $14,000 $3,775 $10,225
2018 $447 $14,000 $3,775 $10,225
2017 $458 $14,000 $3,775 $10,225
2016 $605 $13,850 $0 $0
2014 $605 $13,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2019

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    26 in this area

    433 Total Sales

    Section Image

  • B

    Buyer's Agent in 2019

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    26 in this area

    450 Total Sales

    Section Image

  • J

    Seller's Agent in 2018

    Jennie Sampson

    Crye-Leike, Inc., REALTORS

    (901) 921-6666

    61 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10048547

Memphis Area Association of REALTORS®

APN: 07-4061-0-0028

Tennessee Shelby County Memphis 38118 Parkway Village

5116 Ginger Cir, Memphis, TN

This home is located at 5116 Ginger Cir, Memphis, TN 38118 since 20 March 2019 and is currently estimated at $138,327, approximately $98 per square foot. This property was built in 1963. 5116 Ginger Cir is a home located in Shelby County with nearby schools including Evans Elementary School, Wooddale High School, and Cornerstone Prep School.

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