NOT LISTED FOR SALE

5345 Mahogany Ridge Dr Arlington, TN 38002

Lakeland Neighborhood

Estimated Value: $288,000 - $319,000

4 Beds
2 Baths
1,800-1,999 Sq Ft
$155/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $332,000 $166 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,860/month

19 Days on Market

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • Attic
  • Arlington Middle School Rated A
  • Main Floor Primary Bedroom
  • Den with Fireplace

About This Home

As of July 2023

** Multiple offers ** Seller is reviewing Sunday evening. This charming home features 4 bedrooms, with the 4th bedroom located upstairs. This additional bedroom provides even more space for a growing family or guests. The covered patio with newly installed blinds provide a perfect space for outdoor entertaining. Additionally, the new fence, water heater, and roof add to the value of this lovely home. Don't miss out on the opportunity to see it.

Last Agent to Sell the Property

Kevin Clark

Keller Williams License #341726 Listed on: 06/02/2023

Keller Williams

Last Buyer's Agent

Hedda Schwartz

KAIZEN Realty, LLC License #233636

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,849

Year Built

  • Built in 2005

Lot Details

  • 10,019 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,894 Sq Ft Home
  • 1.5-Story Property
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Dining Room
  • Den with Fireplace
  • Attic Access Panel

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Village Of Summer Meadows Pd Ph 3 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number A0141A C00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,849

Year Built

Built in 2005

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 842A
  • MAAR Subdivision Name: VILLAGE OF SUMMER MEADOWS PH3
  • List Price Per Sq Ft: 172
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 175.29
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1894
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Second Story Floor Plan: 4th or More Bedrooms
  • Additional Bedroom Bathroom Info: Primary Down, Split Bedroom Plan, Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 2
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room
  • Floors/Ceilings: Wood Laminate Floors, Vinyl Floor, Textured Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Breakfast Bar, Pantry
  • Misc Interior: Walk-In Closet(s), Attic Access, Walk-In Attic
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Separate Shower
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Vaulted/Coffered Ceiling

Exterior Features

  • Misc Exterior: Covered Patio, Wood Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 181
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Wood Fenced
  • Lot Number: 159
  • Acreage: 0.23
  • Lot Size: 10161 SF 96.18 X 126.27
  • Price Per Acre: 1412609

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: A0141A C00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 12, 2023
Sold by
Matthews Joseph Russell and Matthews Kaley
Bought by
Shehata David and Rezkalla Meryam
Seller's Agent
Kevin Clark
Keller Williams
Buyer's Agent
Hedda Schwartz
KAIZEN Realty, LLC
List Price
$324,900
Sold Price
$332,000
Premium/Discount to List
$7,100
2.19%
Views
167
Current Estimated Value
$310,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,659
Avg. Annual Appreciation
-3.12%
Original Mortgage
$325,986
Outstanding Balance
$318,688
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
-$8,347

Purchase Details

Closed on
Oct 14, 2020
Sold by
Matthews Joseph Russell and Krigbaum Susan L
Bought by
Matthews Joseph Russell and Matthews Kaley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2018
Closed on
May 24, 2018
Sold by
Labor William Herman and Labor Mallina C
Bought by
Matthews Joseph Russell and Krigbaum Susan L
Seller's Agent
Heidi Moore
Banyan Tree, REALTORS
Buyer's Agent
Jon Dickens
The Firm
List Price
$209,900
Sold Price
$209,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$188,910
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2014
Closed on
Jul 24, 2014
Sold by
Allison Sammy A
Bought by
Labor William Herman and Labor Mallina C
Seller's Agent
Wendy Turner
Southern Properties
Buyer's Agent
Wendy Turner
Southern Properties
List Price
$174,900
Sold Price
$174,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$174,900
Interest Rate
4.24%
Mortgage Type
VA

Purchase Details

Closed on
Nov 3, 2005
Sold by
Reeves Williams Llc
Bought by
Allison Sammy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,225
Interest Rate
7%
Mortgage Type
Credit Line Revolving
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
Shehata David $332,000 Home Surety Title & Escrow
Matthews Joseph Russell -- None Available
Matthews Joseph Russell $209,900 Close Trak Closing & Title
Labor William Herman $174,900 Multiple
Allison Sammy A $157,225 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shehata David $325,986
Previous Owner Matthews Joseph Russell $185,000
Previous Owner Matthews Joseph Russell $188,910
Previous Owner Labor William Herman $174,900
Previous Owner Allison Sammy $157,225
Previous Owner Reeves Williams Llc $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2023 07/11/23 Sold $332,000 +2.2% $184 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $324,900 +54.8% $181 / Sq Ft
05/24/2018 05/24/18 Sold $209,900 0.0% $117 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $209,900 +20.0% $117 / Sq Ft
07/25/2014 07/25/14 Sold $174,900 0.0% $97 / Sq Ft
06/21/2014 06/21/14 Pending -- -- --
06/21/2014 06/21/14 For Sale $174,900 -- $97 / 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 $1,849 $81,075 $15,500 $65,575
2024 $3,699 $54,550 $10,850 $43,700
2023 $2,547 $54,550 $10,850 $43,700
2022 $2,547 $54,550 $10,850 $43,700
2021 $3,764 $54,550 $10,850 $43,700
2020 $2,505 $46,225 $9,550 $36,675
2019 $1,267 $46,225 $9,550 $36,675
2018 $1,872 $46,225 $9,550 $36,675
2017 $2,431 $46,225 $9,550 $36,675
2016 $2,183 $39,550 $0 $0
2014 $1,728 $39,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Clark

    Seller's Agent in 2023

    Kevin Clark

    Keller Williams

    (901) 258-8328

    27 in this area

    176 Total Sales

    Kevin Clark
    Section Image
  • Hedda Schwartz

    Buyer's Agent in 2023

    Hedda Schwartz

    KAIZEN Realty, LLC

    (901) 487-8133

    3 in this area

    47 Total Sales

    Hedda Schwartz
    Section Image

  • H

    Seller's Agent in 2018

    Heidi Moore

    Banyan Tree, REALTORS

    (901) 853-8666

    1 Total Sale

    Heidi Moore
    Section Image
  • Jon Dickens

    Buyer's Agent in 2018

    Jon Dickens

    The Firm

    (901) 496-5702

    7 in this area

    316 Total Sales

    Jon Dickens
    Section Image

  • W

    Seller's Agent in 2014

    Wendy Turner

    Southern Properties

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10149252

Memphis Area Association of REALTORS®

APN: A0-141A-C0-0003

Tennessee Shelby County Arlington 38002 Lakeland

5345 Mahogany Ridge Dr, Arlington, TN

This home is located at 5345 Mahogany Ridge Dr, Arlington, TN 38002 since 02 June 2023 and is currently estimated at $310,341, approximately $155 per square foot. This property was built in 2005. 5345 Mahogany Ridge Dr is a home located in Shelby County with nearby schools including Arlington Middle School and Arlington High School.

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