NOT LISTED FOR SALE

5332 Lochinvar Rd Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $99,000 - $143,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$102/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $79,000 $66 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $716/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of July 2019

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $795 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: 04/18/2019

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $622

Year Built

  • Built in 1956

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 90 x 170
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 904 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Whitehaven View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 079136 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$622

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 768F
  • MAAR Subdivision Name: WHITEHAVEN VIEW
  • List Price Per Sq Ft: 88
  • Number Of Stories: 1
  • Price Per Sq Ft: 87.39
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 904
  • Year Built: 1956
  • 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, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 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
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 66
  • Acreage: 0.35
  • Lot Size: 90 X 170
  • Price Per Acre: 228286

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 079136 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jul 26, 2019
Sold by
Memphis Investment Properties Ii Llc
Bought by
Sisson John Philip and Clemons Mary Ellen
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$79,900
Sold Price
$79,000
Premium/Discount to List
-$900
-1.13%
Current Estimated Value
$122,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,083
Avg. Annual Appreciation
7.03%
Original Mortgage
$63,200
Outstanding Balance
$55,819
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$63,773

Purchase Details

Closed on
Apr 1, 2019
Sold by
Leadford Ken
Bought by
Memphis Investment Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2000
Sold by
Leadford Stephen Kenneth
Bought by
Leadford Ken and Ken Leadford Revocable Trust

Purchase Details

Closed on
Jun 28, 1999
Sold by
Gladney Cheryl
Bought by
Leadford Stephen Kenneth
Source: Public Records

Range of Values:

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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
Sisson John Philip $79,000 Delta Title Services Llc
Memphis Investment Properties Ii Llc $35,000 Delta Title Services Llc
Leadford Ken -- --
Leadford Stephen Kenneth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sisson John Philip $63,200
Previous Owner Memphis Investment Properties Ii Llc $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2019 07/29/19 Sold $79,000 -1.1% $79 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $79,900 -- $80 / 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 $622 $29,650 $4,000 $25,650
2024 $622 $18,350 $3,000 $15,350
2023 $1,118 $18,350 $3,000 $15,350
2022 $1,118 $18,350 $3,000 $15,350
2021 $1,131 $18,350 $3,000 $15,350
2020 $708 $9,775 $3,000 $6,775
2019 $312 $9,775 $3,000 $6,775
2018 $312 $9,775 $3,000 $6,775
2017 $320 $9,775 $3,000 $6,775
2016 $412 $9,425 $0 $0
2014 $412 $9,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2019

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    43 in this area

    424 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2019

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    45 in this area

    441 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10050675

Memphis Area Association of REALTORS®

APN: 07-9136-0-0022

Tennessee Shelby County Memphis 38116 Whitehaven

5332 Lochinvar Rd, Memphis, TN

This home is located at 5332 Lochinvar Rd, Memphis, TN 38116 since 18 April 2019 and is currently estimated at $122,083, approximately $101 per square foot. This property was built in 1956. 5332 Lochinvar Rd is a home located in Shelby County with nearby schools including Holmes Road Elementary School, Havenview Middle School, and Whitehaven High School.

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