NOT LISTED FOR SALE

5322 Southwood Dr Memphis, TN 38120

Audubon Park Neighborhood

Estimated Value: $435,000 - $507,000

4 Beds
2.5 Baths
2,800-2,999 Sq Ft
$156/Sq Ft Est. Value

Last Sold July 07, 2016

Last sale price $285,000 $95 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,795/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1 Fireplace
  • Richland Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Separate Formal Living Room

About This Home

As of July 2016

This home is located at 5322 Southwood Dr, Memphis, TN 38120 since 27 May 2016 and is currently estimated at $468,016, approximately $167 per square foot. This property was built in 1962. 5322 Southwood Dr is a home located in Shelby County with nearby schools including Richland Elementary School, White Station Middle, and White Station High.

Last Agent to Sell the Property

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE Listed on: 05/27/2016

Last Buyer's Agent

Meredith McDonald

Ware Jones, REALTORS License #240133

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,939

Year Built

  • Built in 1962

Lot Details

  • 0.34 Acre Lot
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,644 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Storage Room
  • Iron Doors

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Southwood Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 068021 00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,939

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 #: 756D
  • MAAR Subdivision Name: SOUTHWOOD TERRACE
  • List Price Per Sq Ft: 110
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 107.79
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2644
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Ceiling Fan(s), Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees, Landscaped
  • Lot Number: 8
  • Acreage: 0.34
  • Price Per Acre: 852647

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 068021 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2016
Closed on
Jul 7, 2016
Sold by
Gerber Judith B and Gerber Thomas L
Bought by
Kiser Sarah M and Kiser Patrick
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Meredith McDonald
Ware Jones, REALTORS
List Price
$289,900
Sold Price
$285,000
Premium/Discount to List
-$4,900
-1.69%
Current Estimated Value
$468,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,016
Avg. Annual Appreciation
6.03%
Original Mortgage
$270,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2008
Sold by
Gerber Judith B
Bought by
Gerber Judith B and Gerber Thomas L
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
Kiser Sarah M $285,000 None Available
Gerber Judith B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiser Patrick $341,400
Closed Kiser Patrick D $356,250
Closed Kiser Patrick D $341,050
Closed Kiser Sarah M $270,750
Previous Owner Gerber Judith A $132,000
Previous Owner Gerber Judith $132,000
Previous Owner Gerber Marshall L $160,000
Previous Owner Gerber Marshall L $125,000
Previous Owner Gerber Marshall L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2016 07/07/16 Sold $285,000 -1.7% $102 / Sq Ft
06/04/2016 06/04/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $289,900 -- $104 / 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 $2,939 $99,950 $23,800 $76,150
2024 $2,939 $86,700 $21,600 $65,100
2023 $5,281 $86,700 $21,600 $65,100
2022 $5,281 $86,700 $21,600 $65,100
2021 $5,343 $86,700 $21,600 $65,100
2020 $5,210 $71,900 $21,600 $50,300
2019 $5,210 $71,900 $21,600 $50,300
2018 $5,210 $71,900 $21,600 $50,300
2017 $2,955 $71,900 $21,600 $50,300
2016 $2,877 $65,825 $0 $0
2014 $2,877 $65,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • M

    Buyer's Agent in 2016

    Meredith McDonald

    Ware Jones, REALTORS

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9981529

Memphis Area Association of REALTORS®

APN: 06-8021-0-0017

Tennessee Shelby County Memphis 38120 Audubon Park

5322 Southwood Dr, Memphis, TN

This home is located at 5322 Southwood Dr, Memphis, TN 38120 since 27 May 2016 and is currently estimated at $468,016, approximately $156 per square foot. This property was built in 1962. 5322 Southwood Dr is a home located in Shelby County with nearby schools including Richland Elementary School, White Station Middle, and White Station High.

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