NOT LISTED FOR SALE

5119 Horn Lake Rd Memphis, TN 38109

Whitehaven Neighborhood

Estimated Value: $144,000 - $191,000

3 Beds
2 Baths
2,000-2,199 Sq Ft
$77/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $129,900 $59 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $961/month

Highlights

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

About This Home

As of April 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $1,095 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: 01/15/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $897

Year Built

  • Built in 1961

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 114x134
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,168 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Lakeview Gardens Sec F Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075258 00042

Home Details

Home Type

Single Family

Est. Annual Taxes

$897

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: LAKEVIEW GARDENS SEC F
  • List Price Per Sq Ft: 60
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2168
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Master Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Master Bedroom: Level 1
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 164
  • Acreage: 0.35
  • Lot Size: 114X134

Tax Info

  • Assessor Parcel Number: 075258 00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Apr 16, 2021
Sold by
Memphis Investment Properties Iii Llc
Bought by
Karoor Tejashree Anil and Shankar Siddarth
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$129,900
Sold Price
$129,900
Current Estimated Value
$169,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,500
Avg. Annual Appreciation
6.04%
Original Mortgage
$97,425
Outstanding Balance
$87,963
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$81,437

Purchase Details

Closed on
Nov 20, 2020
Sold by
Boodie Kraig
Bought by
Memphis Investment Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 23, 2011
Sold by
Galloway Harold
Bought by
Boddie Kraig
Source: Public Records

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
Karoor Tejashree Anil $129,900 Delta Title Services Llc
Memphis Investment Properties Ii Llc $60,418 Preferred Title & Escrow Llc
Boddie Kraig $29,100 Preferred Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karoor Tejashree Anil $97,425
Previous Owner Memphis Investment Properties Ii Llc $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2021 04/19/21 Sold $129,900 0.0% $65 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $129,900 -- $65 / 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 $897 $43,175 $3,875 $39,300
2024 $897 $26,450 $2,875 $23,575
2023 $1,611 $26,450 $2,875 $23,575
2022 $1,611 $26,450 $2,875 $23,575
2021 $1,915 $26,450 $2,875 $23,575
2020 $1,538 $21,225 $2,875 $18,350
2019 $678 $21,225 $2,875 $18,350
2018 $678 $21,225 $2,875 $18,350
2017 $694 $21,225 $2,875 $18,350
2016 $909 $20,800 $0 $0
2014 $909 $20,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2021

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    41 in this area

    399 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2021

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    43 in this area

    416 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10091942

Memphis Area Association of REALTORS®

APN: 07-5258-0-0042

Tennessee Shelby County Memphis 38109 Whitehaven

5119 Horn Lake Rd, Memphis, TN

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