NOT LISTED FOR SALE

5163 Longacre Ave Memphis, TN 38134

Estimated Value: $195,000 - $244,525

4 Beds
2.5 Baths
1,600-1,799 Sq Ft
$124/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $242,000 $135 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,257/month

31 Days on Market

Highlights

  • Updated Kitchen
  • Screened Porch
  • Walk-In Closet
  • Separate Formal Living Room
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of February 2023

*Price drop- secure it before end of year!* Wow factor with this home! Not only is it move in ready, well taken care of, and renovated- this property has a backyard that you'll never want to leave. The owners have: created lovely raised beds with growing food and an irrigation system, built a large screened in porch, and planted fruit trees on the property. New roof, new HVAC, new floors, and freshly painted. Beautifully renovated kitchen and bathrooms. Separate laundry. 1 car attached garage.

Last Agent to Sell the Property

Ashleigh Bettis

Bluff City Realty Group, LLC License #341957 Listed on: 11/18/2022

Last Buyer's Agent

Barbara Weir

Coldwell Banker Collins-Maury License #244749

Coldwell Banker Collins-Maury

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,045

Year Built

  • Built in 1970

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x140
  • Wood Fence
  • Landscaped
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,600 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Screened Porch
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Community Details

  • Evening Shade Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087051 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,045

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 733B
  • MAAR Subdivision Name: EVENING SHADE BLK B
  • List Price Per Sq Ft: 147
  • Number Of Stories: 1
  • Price Per Sq Ft: 151.25
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1600
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Split Bedroom Plan, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Private Half Bath
  • Bedroom 3 Description: Level 1, Shared Bath
  • Bedroom 4 Description: Level 1, Shared Bath
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Updated/Renovated Kitchen
  • Misc Interior: Excl Some Window Treatmnt
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2.1
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath

Exterior Features

  • Misc Exterior: Storage Building, Screen Porch, Wood Fence, Storage
  • Exterior Windows: Brick Veneer, Aluminum/Steel Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level, Landscaped, Wood Fenced
  • Lot Number: 36
  • Acreage: 0.24
  • Lot Size: 75X140
  • Price Per Acre: 979167

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 087051 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Feb 20, 2023
Sold by
Mihalko Charles Joseph and Mihalko Mary E
Bought by
Gorman Lowell A
Seller's Agent
Ashleigh Bettis
Bluff City Realty Group, LLC
Buyer's Agent
Barbara Weir
Coldwell Banker Collins-Maury
List Price
$239,900
Sold Price
$242,000
Premium/Discount to List
$2,100
0.88%
Views
105
Current Estimated Value
$223,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,869
Avg. Annual Appreciation
-3.01%
Original Mortgage
$234,740
Outstanding Balance
$206,314
Interest Rate
5.28%
Mortgage Type
New Conventional
Estimated Equity
$16,817

Purchase Details

Listed on
Apr 10, 2020
Closed on
May 13, 2020
Sold by
Jo King Kathleen and Jo Richard Hebert
Bought by
Joseph Mihalko Charles and Joseph Mary Mihalko
Seller's Agent
Danny Freeman
Crye-Leike, Inc., REALTORS
Buyer's Agent
Ashleigh Bettis
Bluff City Realty Group, LLC
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.70%
Original Mortgage
$116,400
Interest Rate
3.3%
Mortgage Type
New Conventional
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
Gorman Lowell A $242,000 Stewart Title
Joseph Mihalko Charles $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorman Lowell A $234,740
Previous Owner Joseph Mihalko Charles $116,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2023 02/27/23 Sold $242,000 +3.0% $151 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/09/2022 12/09/22 Price Changed $235,000 -1.7% $147 / Sq Ft
11/29/2022 11/29/22 Price Changed $239,000 -0.4% $149 / Sq Ft
11/18/2022 11/18/22 For Sale $239,900 +99.9% $150 / Sq Ft
05/18/2020 05/18/20 Sold $120,000 -4.0% $67 / Sq Ft View Prior Sale
04/17/2020 04/17/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $125,000 -- $69 / 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 $1,045 $47,850 $5,000 $42,850
2024 $1,045 $30,825 $3,875 $26,950
2023 $1,878 $30,825 $3,875 $26,950
2022 $1,878 $30,825 $3,875 $26,950
2021 $1,063 $30,825 $3,875 $26,950
2020 $1,498 $20,675 $3,875 $16,800
2019 $661 $20,675 $3,875 $16,800
2018 $661 $20,675 $3,875 $16,800
2017 $666 $20,675 $3,875 $16,800
2016 $855 $19,575 $0 $0
2014 $855 $19,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10137942

Memphis Area Association of REALTORS®

APN: 08-7051-0-0012