NOT LISTED FOR SALE

5121 Locust Bend Rd Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $391,000 - $465,490

5 Beds
3.5 Baths
3,600-3,799 Sq Ft
$114/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $425,000 $112 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,590/month

54 Days on Market

Highlights

  • In Ground Pool
  • 2.02 Acre Lot
  • Vaulted Ceiling
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Traditional Architecture

About This Home

As of February 2024

Unleash the Potential: Sprawling 5-Bed Oasis on 2.02 Acres! This diamond in the rough is a renovator's dream. With 3 bedrooms down, 3.5 baths & great bones, reimagine spacious living. Dive into summer with your in-ground pool, tinker in the workshop with electricity & cozy up by the 2 fireplaces. With a 2-car garage, tons of storage & a formal dining room, this canvas is yours to transform. Embrace the possibilities & create your dream home with endless space & untapped charm! Sold "As Is"

Last Agent to Sell the Property

Melissa Blume Thompson

eXp Realty License #231600 Listed on: 11/09/2023

eXp Realty

Last Buyer's Agent

John Amaefula

REMAX Experts License #272750

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,695

Year Built

  • Built in 1989

Lot Details

  • 2.02 Acre Lot
  • Lot Dimensions are 221x382
  • Wrought Iron Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,600-3,799 Sq Ft Home
  • 3,763 Sq Ft Home
  • 1.5-Story Property
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Window Treatments
  • Two Story Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Loft
  • Bonus Room
  • Storage Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • 220 Volts
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Hidden Grotto Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0256J A00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,695

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 789C
  • MAAR Subdivision Name: HIDDEN GROTTO SEC A
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 112.94
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3763
  • Year Built: 1989
  • List Price/ Sq Ft: 113
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 4th or More Bedrooms, 2 or More Baths, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3600-3799
  • Bedroom 2 Description: Level 1, Shared Bath, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Carpet
  • Bedroom 5 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room, In Primary Bedroom, Gas Starter
  • Floors/Ceilings: Part Carpet, Tile, Vinyl/Luxury Vinyl Floor, Sprayed Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Separate Breakfast Room, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Attic Access, Smoke Detector(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Loft/Balcony, Attic, Storage Room
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Carpet
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Fireplace, Sitting Area, Carpet

Exterior Features

  • Misc Exterior: Pool Cleaning Equipment, Storage Building, Patio, Well Landscaped Grounds, Storage, Iron Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems, 220 Wiring
  • Heating: Central, 3 or More Systems
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Septic Tank

Lot Info

  • Lot Description: Some Trees, Landscaped, Iron Fenced
  • Lot Number: 4
  • Acreage: 2.02
  • Lot Size: 221X382
  • Price Per Acre: 210396

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: D0256J A00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Feb 2, 2024
Sold by
Martin Susan A
Bought by
Henderson Cleroy and Henderson Tonya
Seller's Agent
Melissa Blume Thompson
eXp Realty
Buyer's Agent
John Amaefula
REMAX Experts
List Price
$425,000
Sold Price
$425,000
Views
275
Current Estimated Value
$432,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,123
Avg. Annual Appreciation
1.02%
Original Mortgage
$425,000
Outstanding Balance
$418,317
Interest Rate
6.61%
Mortgage Type
VA
Estimated Equity
$13,806
Source: Public Records

Range of Values:

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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
Henderson Cleroy $425,000 Baymark Title & Escrow Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henderson Cleroy $425,000
Previous Owner Martin James A $100,000
Previous Owner Martin James A $100,000
Previous Owner Martin James A $100,000
Previous Owner Martin James A $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $425,000 0.0% $118 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
12/29/2023 12/29/23 For Sale $425,000 0.0% $118 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $425,000 -- $118 / 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 $3,695 $118,175 $18,875 $99,300
2024 $3,695 $109,000 $12,800 $96,200
2023 $3,695 $109,000 $12,800 $96,200
2022 $3,695 $109,000 $12,800 $96,200
2021 $3,761 $109,000 $12,800 $96,200
2020 $3,282 $81,025 $12,800 $68,225
2019 $3,282 $81,025 $12,800 $68,225
2018 $3,282 $81,025 $12,800 $68,225
2017 $3,579 $87,075 $12,800 $74,275
2016 $3,487 $79,800 $0 $0
2014 $3,332 $76,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Blume Thompson

    Seller's Agent in 2024

    Melissa Blume Thompson

    eXp Realty

    (901) 729-9443

    10 in this area

    298 Total Sales

    Melissa Blume Thompson
    Section Image
  • John Amaefula

    Buyer's Agent in 2024

    John Amaefula

    RE/MAX

    (901) 649-4924

    9 in this area

    27 Total Sales

    John Amaefula
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10160603

Memphis Area Association of REALTORS®

APN: D0-256J-A0-0004

Tennessee Shelby County Memphis 38125 Southern Shelby County

5121 Locust Bend Rd, Memphis, TN

This home is located at 5121 Locust Bend Rd, Memphis, TN 38125 since 09 November 2023 and is currently estimated at $432,123, approximately $113 per square foot. This property was built in 1989. 5121 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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