NOT LISTED FOR SALE

5221 Braden Dr Memphis, TN 38127

Estimated Value: $101,000 - $117,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$90/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $55,000 $46 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $592/month

26 Days on Market

About This Home

As of September 2023

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 08/17/2023

Last Buyer's Agent

Melissa Wilbanks

Crye-Leike, Inc., REALTORS License #277840

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x127

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,101 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Breckenwood Rev Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0134 I00009

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BRECKENWOOD BLK C
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1101
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1

Lot Info

  • Lot Number: 109
  • Acreage: 0.17
  • Lot Size: 60X127

Tax Info

  • Assessor Parcel Number: D0134 I00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2024
Sold by
Mcghee Robert Lee
Bought by
Duce Properties Llc
Current Estimated Value
$108,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,175
Outstanding Balance
$85,224
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$23,259

Purchase Details

Closed on
Oct 18, 2024
Sold by
Memphis Cashflow Gp
Bought by
Mcghee Robert Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,175
Outstanding Balance
$85,224
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$23,259

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 12, 2023
Sold by
Vb Six Llc
Bought by
Memphis Cashflow Gp
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Melissa Wilbanks
Crye-Leike, Inc., REALTORS
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.25%

Purchase Details

Listed on
May 18, 2022
Closed on
Aug 18, 2022
Sold by
Vb One Llc
Bought by
Vb Six Llc
Seller's Agent
Vejin Homid
eXp Realty, LLC
Buyer's Agent
Lawson Roberts
Renshaw Company, REALTORS
List Price
$100,000
Sold Price
$77,500
Premium/Discount to List
-$22,500
-22.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.79%

Purchase Details

Listed on
May 18, 2022
Closed on
Jul 19, 2022
Sold by
Aj Rentals Llc Series 5221 Braden Drive
Bought by
Vb One Llc
Seller's Agent
Vejin Homid
eXp Realty, LLC
Buyer's Agent
Lawson Roberts
Renshaw Company, REALTORS
List Price
$100,000
Sold Price
$77,500
Premium/Discount to List
-$22,500
-22.5%

Purchase Details

Listed on
Jun 5, 2018
Closed on
Nov 13, 2018
Sold by
Snerling Chiquita D
Bought by
Aj Rentals Llc
Seller's Agent
Wonda McGowan
McGowan Homes & R/E Services
Buyer's Agent
Sam Hanks
Broker South Realty
List Price
$27,000
Sold Price
$22,000
Premium/Discount to List
-$5,000
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.93%

Purchase Details

Closed on
Nov 12, 2002
Sold by
Wilson David L
Bought by
Snerling Chiquita D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,082
Interest Rate
5.95%
Mortgage Type
FHA
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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Purchase History

Date Buyer Sale Price Title Company
Duce Properties Llc -- Saddle Creek Title
Duce Properties Llc -- Saddle Creek Title
Mcghee Robert Lee $114,900 Saddle Creek Title
Memphis Cashflow Gp $55,000 Saddle Creek Title
Vb Six Llc $240,000 Total Title Services
Vb One Llc $81,500 Total Title Services
Aj Rentals Llc $22,000 Preferred Title & Escrow Llc
Snerling Chiquita D $52,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcghee Robert Lee $86,175
Previous Owner Snerling Chiquita D $52,082
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2023 09/12/23 Sold $55,000 -8.3% $55 / Sq Ft
08/17/2023 08/17/23 For Sale $60,000 -22.6% $60 / Sq Ft
07/20/2022 07/20/22 Sold $77,500 -22.5% $78 / Sq Ft View Prior Sale
05/18/2022 05/18/22 For Sale $100,000 +354.5% $100 / Sq Ft
11/19/2018 11/19/18 Sold $22,000 -10.2% $22 / Sq Ft View Prior Sale
08/10/2018 08/10/18 Price Changed $24,500 -9.3% $25 / Sq Ft
06/05/2018 06/05/18 For Sale $27,000 -- $27 / 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 $399 $30,800 $2,000 $28,800
2024 $399 $11,775 $1,475 $10,300
2023 $399 $11,775 $1,475 $10,300
2022 $399 $11,775 $1,475 $10,300
2021 $406 $11,775 $1,475 $10,300
2020 $323 $7,975 $1,475 $6,500
2019 $323 $7,975 $1,475 $6,500
2018 $323 $7,975 $1,475 $6,500
2017 $328 $7,975 $1,475 $6,500
2016 $391 $8,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2023

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    1,407 Total Sales

    Dean Harris
    Section Image
  • Melissa Wilbanks

    Buyer's Agent in 2023

    Melissa Wilbanks

    Crye-Leike

    (901) 438-1107

    97 Total Sales

    Melissa Wilbanks
    Section Image

  • V

    Seller's Agent in 2022

    Vejin Homid

    eXp Realty, LLC

    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Melba Jones

    New Home Realty

    Section Image

  • L

    Buyer's Agent in 2022

    Lawson Roberts

    Renshaw Company, REALTORS

    (901) 258-1803

    183 Total Sales

    Lawson Roberts
    Section Image

  • W

    Seller's Agent in 2018

    Wonda McGowan

    McGowan Homes & R/E Services

    (901) 502-4402

    41 Total Sales

    Wonda McGowan
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10154632

Memphis Area Association of REALTORS®

APN: D0-134-I-00009

Tennessee Shelby County Memphis 38127

5221 Braden Dr, Memphis, TN

Not Listed for Sale

Detached

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