NOT LISTED FOR SALE

5159 Downs Dr Memphis, TN 38135

Estimated Value: $209,359 - $232,000

3 Beds
2 Baths
1,482 Sq Ft
$150/Sq Ft Est. Value

Sale Details

Date Sold: July 28, 2022

Last sale price $204,000 $138 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,314 / mo

About This Home

As of February 2023

We provide our residents with an easy leasing experience starting with the flexibility to tour at any time (8 a.m. - 8 p.m.), applying for a home online, and our dedicated teams ready to assist with any needs. Our homes are pet friendly, but breed restrictions may apply. Reoccurring fee: If the home includes a pool, the pool's maintenance will be provided, and the resident will be billed a $150 per month pool maintenance fee.

Last Agent to Rent the Property

Stacey Spratlin

Main Street Renewal, LLC License #332096 Listed on: 09/22/2022

Last Renter's Agent

Leilani Cardinoza

Main Street Renewal, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 79.5 x 127.5

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Lynchburg Park Sec B Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MAAR Subdivision Name: LYNCHBURG PARK SEC B
  • Freestanding: Yes
  • Number Of Stories: 1
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Equipment: Refrigerator
  • Misc Interior: Smoke Detector(s)

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Size: 79.5 X 127.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Jul 27, 2022
Sold by
Wong Benson K and Wong Jennifer S
Bought by
Baf 3 Llc
Seller's Agent
David Taube
Redfin Corporation
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$220,000
Sold Price
$204,000
Premium/Discount to List
-$16,000
-7.27%
Current Estimated Value
$223,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,172
Avg. Annual Appreciation
2.33%

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 27, 2022
Sold by
Tawater Jeffery J
Bought by
Wong Jennifer S and Wong Benson K
Seller's Agent
Camela Henke
Enterprise, REALTORS
Buyer's Agent
Tony Vuong
Keller Williams Realty
List Price
$199,900
Sold Price
$235,000
Premium/Discount to List
$35,100
17.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-56.49%
Original Mortgage
$178,400
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2008
Sold by
Dooley Philip
Bought by
Tawater Jeffrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2008
Sold by
The Bank Of New York Trust Co Na
Bought by
Dooley Philip T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2007
Sold by
Cotton Ruby D
Bought by
The Bank Of New York Trust Co Na and Jpmorgan Chase Bank Na

Purchase Details

Closed on
Jul 31, 2003
Sold by
Wyatt Jr Houston Kenneth and Wyatt Jill Annette
Bought by
Cotton Ruby D

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
7.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Baf 3 Llc $204,000 Summit Title & Escrow
Wong Jennifer S $235,000 Edco Title & Closing Services
Tawater Jeffrey J $59,500 None Available
Dooley Philip T $55,000 Resource Title Agency Of Tn
The Bank Of New York Trust Co Na $89,250 None Available
Cotton Ruby D $100,000 Nations Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wong Jennifer S $178,400
Previous Owner Tawater Jeffrey J $88,000
Previous Owner Cotton Ruby D $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2023 02/01/23 Rented $1,485 0.0% --
01/06/2023 01/06/23 Price Changed $1,485 -5.7% $1 / Sq Ft
12/22/2022 12/22/22 Price Changed $1,575 -4.0% $1 / Sq Ft
12/15/2022 12/15/22 Price Changed $1,640 -2.1% $1 / Sq Ft
12/08/2022 12/08/22 Price Changed $1,675 -2.0% $1 / Sq Ft
11/30/2022 11/30/22 Price Changed $1,710 -4.7% $1 / Sq Ft
09/22/2022 09/22/22 For Rent $1,795 0.0% --
07/28/2022 07/28/22 Sold $204,000 -7.3% $146 / Sq Ft View Prior Sale
07/06/2022 07/06/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $220,000 -6.4% $157 / Sq Ft
05/27/2022 05/27/22 Sold $235,000 +17.6% $168 / Sq Ft View Prior Sale
04/28/2022 04/28/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $199,900 -- $143 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,473 $62,600 $5,000 $57,600
2024 $1,473 $43,450 $3,875 $39,575
2023 $2,647 $43,450 $3,875 $39,575
2022 $1,983 $32,550 $3,875 $28,675
2021 $2,006 $32,550 $3,875 $28,675
2019 $682 $21,325 $3,875 $17,450
2018 $682 $21,325 $3,875 $17,450
2017 $698 $21,325 $3,875 $17,450
2016 $882 $20,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2023

    Stacey Spratlin

    Main Street Renewal, LLC

    Section Image

  • L

    Tenant's Agent in 2023

    Leilani Cardinoza

    Main Street Renewal, LLC

    Section Image

  • D

    Seller's Agent in 2022

    David Taube

    Redfin Corporation

    Section Image
  • Camela Henke

    Seller's Agent in 2022

    Camela Henke

    Enterprise, REALTORS

    (901) 626-2990

    37 in this area

    308 Total Sales

    Camela Henke
    Section Image

  • S

    Buyer's Agent in 2022

    Spencer Lindahl

    Main Street Renewal, LLC

  • T

    Buyer's Agent in 2022

    Tony Vuong

    Keller Williams Realty

    (901) 848-2688

    14 in this area

    67 Total Sales

    Tony Vuong
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10134803

Memphis Area Association of REALTORS®

APN: 08-7077-0-0006

Tennessee Shelby County Memphis 38135

5159 Downs Dr, Memphis, TN

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