NOT LISTED FOR SALE

5181 Gloucester Ave Memphis, TN 38135

Estimated Value: $182,724 - $249,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$131/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $228,900 $143 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,274/month

46 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Great Room
  • Traditional Architecture
  • Separate Formal Living Room
  • Some Wood Windows

About This Home

As of December 2023

Oh, this Beauty is an Eye Catcher. The spacious Great Rm has gorgeous hardwood floors w/ a wood burning fireplace to keep the home warm & cozy. The kitchen amenities were perfectly crafted, as it effortlessly transitions into the adjacent dining area, creating space for family gatherings. This home has a well manicured lawn & the backyard has a beautiful peach & apple tree, made for Relaxing & Enjoying those nice Fall Evenings. This home is Nestle in an extremely quiet area in 38135 zip code.

Last Agent to Sell the Property

Tarsha Coleman

BEST Real Estate Company License #287435 Listed on: 10/23/2023

BEST Real Estate Company

Last Buyer's Agent

Jacob Benetz

Emmett Baird Realty, LLC License #358327

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,209

Year Built

  • Built in 1970

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,560 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Some Wood Windows
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Iron Doors
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Separate Shower

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Lynchburg Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087011 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,209

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 733B
  • MAAR Subdivision Name: LYNCHBURG PARK
  • Number Of Stories: 1
  • Price Per Sq Ft: 146.73
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1560
  • Year Built: 1970
  • List Price/ Sq Ft: 147
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Split Bedroom Plan, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry
  • Floors/Ceilings: Wall to Wall Carpet, Part Hardwood, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • Primary Bathroom Description: Separate Shower
  • P R I M A R Y B E D R O O M: Level 1, Full Bath

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 80
  • Acreage: 0.22
  • Lot Size: 80X125
  • Price Per Acre: 1040455

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 087011 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Dec 26, 2023
Sold by
Ramsey Tristan
Bought by
Mix Nathan J
Seller's Agent
Tarsha Coleman
BEST Real Estate Company
Buyer's Agent
Jacob Benetz
Emmett Baird Realty, LLC
List Price
$239,900
Sold Price
$228,900
Premium/Discount to List
-$11,000
-4.59%
Total Days on Market
46
Views
90
Current Estimated Value
$208,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,969
Avg. Annual Appreciation
-6.14%
Original Mortgage
$233,821
Interest Rate
7.29%
Mortgage Type
VA

Purchase Details

Closed on
Nov 21, 2022
Sold by
Ward Dalad D
Bought by
Ramsey Tristan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 1, 2005
Sold by
Ketchum Norma F
Bought by
Ward Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.48%
Mortgage Type
Balloon
Source: Public Records

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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
Mix Nathan J $228,900 Erickson Title & Closing
Ramsey Tristan $170,000 Erickson Title & Closing
Ward Phillip $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mix Nathan J $237,783
Closed Mix Nathan J $233,821
Previous Owner Ramsey Tristan $185,000
Previous Owner Ward Phillip $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2023 12/27/23 Sold $228,900 0.0% $164 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
11/20/2023 11/20/23 Price Changed $228,900 -4.6% $164 / Sq Ft
10/23/2023 10/23/23 For Sale $239,900 -- $171 / 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 $1,209 $57,975 $5,000 $52,975
2024 $1,209 $35,675 $3,875 $31,800
2023 $2,173 $35,675 $3,875 $31,800
2022 $2,173 $35,675 $3,875 $31,800
2021 $1,231 $35,675 $3,875 $31,800
2020 $1,654 $22,825 $3,875 $18,950
2019 $729 $22,825 $3,875 $18,950
2018 $729 $22,825 $3,875 $18,950
2017 $747 $22,825 $3,875 $18,950
2016 $944 $21,600 $0 $0
2014 $944 $21,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10159373

Memphis Area Association of REALTORS®

APN: 08-7011-0-0012