NOT LISTED FOR SALE

5255 Cottonwood Rd Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $122,000 - $138,065

4 Beds
2 Baths
1,200-1,399 Sq Ft
$94/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $80,000 $57 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $777/month

5 Days on Market

Highlights

  • 0.72 Acre Lot
  • Main Floor Primary Bedroom
  • Den
  • Traditional Architecture
  • Great Room
  • Some Wood Windows

About This Home

As of February 2020

4BR/2BA Brick Home on Huge Corner Lot ~ Great Room Open to Eat-In Kitchen ~ Laundry Room + Office or Bonus Space Off Kitchen ~ 2 Bedrooms + Full Bath Down ~ Another 2 Bedrooms + Full Bath Up ~ Home is Larger Than It Appears! ~ 2 Car Garage Attached ~ Recently Renovated ~ Fresh Interior Paint + New Flooring ~ AND MORE!!

Last Agent to Sell the Property

Jennifer Carstensen

Real Estate Agency License #317824 Listed on: 01/23/2020

Last Buyer's Agent

Debbie Florendo

eXp Realty, LLC License #271110

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $699

Year Built

  • Built in 1962

Lot Details

  • 0.72 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,388 Sq Ft Home
  • 1.5-Story Property
  • Some Wood Windows
  • Entrance Foyer
  • Great Room
  • Den
  • Laminate Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Parkway Village Blk E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074066 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$699

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 772D
  • MAAR Subdivision Name: PARKWAY VILLAGE BLK E
  • List Price Per Sq Ft: 58
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 57.64
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1388
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath, Laundry Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 2
  • Bedroom 4 Description: Level 2
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Washer/Dryer Connections
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wood Fence, Chain Fence
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 956
  • Acreage: 0.72
  • Lot Size: 0.72
  • Price Per Acre: 111111

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 074066 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Feb 18, 2020
Sold by
Equity Trust Company Custodian
Bought by
Rosas Esperanza Ramirez
Seller's Agent
Jennifer Carstensen
Real Estate Agency
Buyer's Agent
Debbie Florendo
eXp Realty, LLC
List Price
$80,000
Sold Price
$80,000
Current Estimated Value
$132,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,016
Avg. Annual Appreciation
10.44%

Purchase Details

Listed on
Feb 1, 2012
Closed on
May 14, 2012
Sold by
Homebuyers Express Llc
Bought by
Equity Trust Company
Seller's Agent
John Walton
BenchMark REALTORS, LLC
Buyer's Agent
John Walton
BenchMark REALTORS, LLC
List Price
$39,900
Sold Price
$33,500
Premium/Discount to List
-$6,400
-16.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%
Original Mortgage
$47,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 1, 2012
Closed on
Apr 2, 2012
Sold by
Maier Thomas Anthony and Maier Linda Barbara
Bought by
Homebuyers Express
Seller's Agent
John Walton
BenchMark REALTORS, LLC
Buyer's Agent
John Walton
BenchMark REALTORS, LLC
List Price
$39,900
Sold Price
$33,500
Premium/Discount to List
-$6,400
-16.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
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
Rosas Esperanza Ramirez $80,000 None Available
Equity Trust Company $61,000 None Available
Homebuyers Express $33,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Homebuyers Express $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $80,000 0.0% $67 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $80,000 +138.8% $67 / Sq Ft
03/30/2012 03/30/12 Sold $33,500 -16.0% $24 / Sq Ft
03/27/2012 03/27/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $39,900 -- $29 / 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 $699 $31,325 $5,450 $25,875
2024 $699 $20,625 $3,900 $16,725
2023 $1,256 $20,625 $3,900 $16,725
2022 $1,256 $20,625 $3,900 $16,725
2021 $1,271 $20,625 $3,900 $16,725
2020 $1,290 $17,800 $3,900 $13,900
2019 $569 $17,800 $3,900 $13,900
2018 $569 $17,800 $3,900 $13,900
2017 $582 $17,800 $3,900 $13,900
2016 $707 $16,175 $0 $0
2014 $707 $16,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Carstensen

    Seller's Agent in 2020

    Jennifer Carstensen

    Real Estate Agency

    (901) 201-0280

    7 in this area

    338 Total Sales

    Jennifer Carstensen
    Section Image
  • Debbie Florendo

    Buyer's Agent in 2020

    Debbie Florendo

    eXp Realty, LLC

    (901) 870-7522

    30 Total Sales

    Debbie Florendo
    Section Image

  • J

    Seller's Agent in 2012

    John Walton

    BenchMark REALTORS, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10069493

Memphis Area Association of REALTORS®

APN: 07-4066-0-0001

Tennessee Shelby County Memphis 38118 Parkway Village

5255 Cottonwood Rd, Memphis, TN

This home is located at 5255 Cottonwood Rd, Memphis, TN 38118 since 23 January 2020 and is currently estimated at $132,016, approximately $94 per square foot. This property was built in 1962. 5255 Cottonwood Rd is a home located in Shelby County with nearby schools including Evans Elementary School, Wooddale High School, and Cornerstone Prep School.

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