NOT LISTED FOR SALE

5309 Marissa Cove Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $291,847 - $344,000

4 Beds
2.5 Baths
2,424 Sq Ft
$132/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $94,000 $39 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $1,829/month

Highlights

  • Some Wood Windows
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of March 2023

Looking for your dream home? Through our seamless leasing process, this beautifully designed home is move-in ready. Our spacious layout is perfect for comfortable living that you can enjoy with your pets too; we’re proud to be pet friendly. Our homes are built using high-quality, eco-friendly materials with neutral paint colors, updated fixtures, and energy-efficient appliances. Enjoy the backyard and community to unwind after a long day, or simply greet neighbors, enjoy the fresh air, and gathe

Last Agent to Rent the Property

Stacey Spratlin

Main Street Renewal, LLC License #332096 Listed on: 02/08/2023

Last Renter's Agent

Stacey Spratlin

Main Street Renewal, LLC License #332096 Listed on: 02/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,553

Year Built

  • Built in 1996

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 85x125

Interior Spaces

  • 2,424 Sq Ft Home
  • 2-Story Property
  • Some Wood Windows
  • Living Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Community Details

  • Savannah Woods Phase 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0255L G00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,553

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 789C
  • MAAR Subdivision Name: SAVANNAH WOODS PH2
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 2
  • Price Per Sq Ft: 0.85
  • Estimated Sq Ft: 2424
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Bedrooms: 4
  • Fireplace: In Living Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room
  • Misc Interior: Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Exterior Windows: Wood Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Front-Load Garage

Lot Info

  • Lot Number: 53
  • Acreage: 0.23
  • Lot Size: 85X125
  • Price Per Acre: 8978

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: D0255L G00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2013
Sold by
Compass Rose Llc
Bought by
Alta View Lp
Current Estimated Value
$318,962

Purchase Details

Listed on
Feb 21, 2013
Closed on
Mar 7, 2013
Sold by
Beneficial Tennessee Inc
Bought by
Highmark Investors Llc
Seller's Agent
Patrick McClay
Southeast Investors, LLC
Buyer's Agent
Patrick McClay
Southeast Investors, LLC
List Price
$86,900
Sold Price
$94,000
Premium/Discount to List
$7,100
8.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%

Purchase Details

Listed on
Feb 21, 2013
Closed on
Jan 14, 2013
Sold by
Hardrick Landers Betty A
Bought by
Beneficial Tennessee Inc
Seller's Agent
Patrick McClay
Southeast Investors, LLC
Buyer's Agent
Patrick McClay
Southeast Investors, LLC
List Price
$86,900
Sold Price
$94,000
Premium/Discount to List
$7,100
8.17%

Purchase Details

Closed on
Apr 8, 2005
Sold by
Dixon Angela
Bought by
Hardick Landers Betty A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 3, 1998
Sold by
Stewart Lawrence E and Stewart Tracy B
Bought by
Dixon Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,139
Interest Rate
6.96%

Purchase Details

Closed on
Sep 27, 1996
Sold by
Robert J Denley Co Inc
Bought by
Stewart Lawrence Edward and Stewart Tracy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,700
Interest Rate
7.85%
Mortgage Type
VA
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
Alta View Lp -- None Available
Compass Rose Llc -- None Available
Highmark Investors Llc $94,000 None Available
Beneficial Tennessee Inc $188,088 None Available
Hardick Landers Betty A $180,000 Equity Title & Escrow Co Of
Dixon Angela $151,000 --
Stewart Lawrence Edward $148,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hardick Landers Betty A $191,094
Previous Owner Hardick Landers Betty A $180,000
Previous Owner Jackson Christopher $147,063
Previous Owner Jackson Christopher $20,000
Previous Owner Dixon Angela $136,139
Previous Owner Stewart Lawrence Edward $152,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Rented $2,065 0.0% --
03/15/2023 03/15/23 Price Changed $2,065 -1.0% $1 / Sq Ft
02/23/2023 02/23/23 Price Changed $2,085 -1.9% $1 / Sq Ft
02/08/2023 02/08/23 For Rent $2,125 0.0% --
03/15/2013 03/15/13 Sold $94,000 +8.2% $47 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $86,900 -- $43 / 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 $1,553 $71,575 $16,325 $55,250
2024 $1,553 $45,825 $8,900 $36,925
2023 $1,553 $45,825 $8,900 $36,925
2022 $1,553 $45,825 $8,900 $36,925
2021 $1,581 $45,825 $8,900 $36,925
2020 $1,253 $30,950 $8,900 $22,050
2019 $1,253 $30,950 $8,900 $22,050
2018 $1,253 $30,950 $8,900 $22,050
2017 $1,272 $30,950 $8,900 $22,050
2016 $1,188 $27,175 $0 $0
2014 $1,188 $27,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2023

    Stacey Spratlin

    Main Street Renewal, LLC

    (901) 487-9683

    2 Total Sales

    Stacey Spratlin
    Section Image

  • P

    Seller's Agent in 2013

    Patrick McClay

    Southeast Investors, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10141630

Memphis Area Association of REALTORS®

APN: D0-255L-G0-0026

Tennessee Shelby County Memphis 38125 Southern Shelby County

5309 Marissa Cove, Memphis, TN

This home is located at 5309 Marissa Cove, Memphis, TN 38125 since 08 February 2023 and is currently priced at $318,962. This property was built in 1996. 5309 Marissa Cove is a home located in Shelby County with nearby schools including Highland Oaks Elementary School, Highland Oaks Middle School, and Southwind High School.

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