NOT LISTED FOR SALE

5235 Steuben Dr Memphis, TN 38134

Estimated Value: $185,000 - $210,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $134,900 $84 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,118/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Some Wood Windows
  • Traditional Architecture
  • Den
  • Tile Flooring

About This Home

As of July 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $1195 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 06/17/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 86x120
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,548 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Williamsburg Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087024 00005

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WILLIAMSBURG PARK
  • List Price Per Sq Ft: 87
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1548
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 98
  • Acreage: 0.23
  • Lot Size: 86x120

Tax Info

  • Assessor Parcel Number: 087024 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jul 30, 2020
Sold by
Memphis Investment Properties Ii Llc
Bought by
Bovee Eric and Bovee Melissa
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$134,900
Sold Price
$134,900
Current Estimated Value
$196,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,369
Avg. Annual Appreciation
6.94%
Original Mortgage
$107,920
Outstanding Balance
$95,909
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$98,969

Purchase Details

Listed on
Mar 14, 2020
Closed on
May 1, 2020
Sold by
Estate Of Quida Weathers Phillips
Bought by
Memphis Investments Properties Ii Llc
Seller's Agent
Kenneth Harris
Crye-Leike, Inc., REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$89,900
Sold Price
$88,000
Premium/Discount to List
-$1,900
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
452.23%
Original Mortgage
$120,000
Interest Rate
3.6%
Mortgage Type
Unknown
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
Bovee Eric $134,900 Delta Title Services Llc
Memphis Investments Properties Ii Llc $88,000 Close Trak Closing & Ttl Svc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bovee Eric $107,920
Previous Owner Memphis Investments Properties Ii Llc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $134,900 0.0% $96 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $134,900 +53.3% $96 / Sq Ft
05/01/2020 05/01/20 Sold $88,000 -2.1% $63 / Sq Ft View Prior Sale
03/20/2020 03/20/20 Pending -- -- --
03/14/2020 03/14/20 For Sale $89,900 -- $64 / 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 $1,219 $50,950 $5,000 $45,950
2024 $1,219 $35,950 $3,875 $32,075
2023 $2,190 $35,950 $3,875 $32,075
2022 $2,190 $35,950 $3,875 $32,075
2021 $2,603 $35,950 $3,875 $32,075
2020 $1,589 $21,925 $3,875 $18,050
2019 $701 $21,925 $3,875 $18,050
2018 $701 $21,925 $3,875 $18,050
2017 $717 $21,925 $3,875 $18,050
2016 $906 $20,725 $0 $0
2014 $906 $20,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2020

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    18 in this area

    341 Total Sales

    Jim Reedy
    Section Image
  • Kenneth Harris

    Seller's Agent in 2020

    Kenneth Harris

    Crye-Leike

    (901) 219-0646

    4 in this area

    71 Total Sales

    Kenneth Harris
    Section Image

  • B

    Buyer's Agent in 2020

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    18 in this area

    356 Total Sales

    Bradley Reedy
    Section Image

  • N

    Buyer's Agent in 2020

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10078885

Memphis Area Association of REALTORS®

APN: 08-7024-0-0005

Tennessee Shelby County Memphis 38134

5235 Steuben Dr, Memphis, TN

Not Listed for Sale

Detached

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