NOT LISTED FOR SALE

5383 Shady Grove Terrace Memphis, TN 38120

Audubon Park Neighborhood

Estimated Value: $1,684,000 - $2,140,724

5 Beds
8 Baths
10,344 Sq Ft
$188/Sq Ft Est. Value

Last Sold April 04, 2017

Last sale price $1,428,750 $138 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $12,465/month

Highlights

  • In Ground Pool
  • Updated Kitchen
  • Vaulted Ceiling
  • White Station High Rated A
  • 1.35 Acre Lot
  • Wood Flooring

About This Home

As of April 2017

This ultra-sophisticated Grand European on 1.3 acres offers styling and decor appealing to today's design trends. Sleek architectural lines, polished stone floors, expansive glass pouring light into beautiful formal and family spaces set the tone. A grand front gallery goes to a dramatic living room with soaring ceilings; the sharp-looking cook's kitchen is completely custom, adjoins a vaulted "keeping" room and has lovely views of the pool and grounds.

Last Agent to Sell the Property

Jimmy Reed

Marx-Bensdorf, REALTORS License #205881 Listed on: 02/01/2017

Last Buyer's Agent

Patti Baggett

Crye-Leike, Inc., REALTORS License #227017

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 1.35 Acre Lot
  • Wood Fence
  • Brick Fence
  • Landscaped
  • Few Trees

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 10,344 Sq Ft Home
  • 1.6-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-in Bookshelves
  • Smooth Ceilings
  • Vaulted Ceiling
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Play Room
  • Keeping Room
  • Permanent Attic Stairs
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Circular Driveway

Outdoor Features

  • In Ground Pool
  • Courtyard
  • Patio
  • Porch

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Water Heater
  • Cable TV Available

Community Details

  • Shady Grove Rd Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 068033 00013

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • Cross Street: Shady Grove
  • MLS Map #: 756F
  • MAAR Subdivision Name: SHADY GROVE RD ACRES
  • List Price Per Sq Ft: 154
  • Number Of Stories: 1.6
  • Price Per Sq Ft: 138.12
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 10344
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room, Office
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Vaulted/Coffered Primary, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 10000+
  • Bedroom 2 Description: Level 1, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Private Full Bath, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Built-In Cabinets/Bkcases, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Shared Bath, Built-In Cabinets/Bkcases, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Equipment: Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: Wet Bar, Walk-In Closet(s), Cedar Lined Closet(s), Permanent Attic Stairs, Central Vacuum, Rear Stairs to Playroom
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Play Room, Bonus Room, Office/Sewing Room, Entry Hall, Attic
  • Total Bathrooms: 4.4
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Dressing Area, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Built-In Cabinets/Bkcases, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Patio, Courtyard, Well Landscaped Grounds, Wood Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Tile/Slate

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Circular Drive, Side-Load Garage

Utilities

  • Cooling: Central, 3 or More Systems
  • Heating: Central, 3 or More Systems
  • Water Sewer: 2+ Water Heaters, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced, Brick/Iron Fenced
  • Lot Number: 2
  • Acreage: 1.35
  • Keeping Hearth Dimension: 19x19
  • Lot Size: 1.36
  • Price Per Acre: 1181481

Multi Family

  • Number Of Rooms: 13

Tax Info

  • Assessor Parcel Number: 068033 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2017
Closed on
Apr 4, 2017
Sold by
Parker Keith D
Bought by
Janjua Muhammad and Janjua Shazia
Seller's Agent
Jimmy Reed
Marx-Bensdorf, REALTORS
Buyer's Agent
Patti Baggett
Crye-Leike, Inc., REALTORS
List Price
$1,595,000
Sold Price
$1,428,750
Premium/Discount to List
-$166,250
-10.42%
Current Estimated Value
$1,941,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,491
Avg. Annual Appreciation
3.65%
Original Mortgage
$1,285,875
Outstanding Balance
$1,068,574
Interest Rate
4.16%
Mortgage Type
Commercial
Estimated Equity
$872,667
Source: Public Records

Range of Values:

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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
Janjua Muhammad $1,428,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janjua Muhammad $1,285,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2017 04/04/17 Sold $1,428,750 -10.4% $138 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $1,595,000 -- $154 / 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 -- $488,425 $75,350 $413,075
2024 -- $426,100 $98,825 $327,275
2023 $25,956 $426,100 $98,825 $327,275
2022 $25,956 $426,100 $98,825 $327,275
2021 $11,560 $426,100 $98,825 $327,275
2020 $11,415 $357,175 $98,825 $258,350
2019 $11,415 $357,175 $98,825 $258,350
2018 $11,415 $357,175 $98,825 $258,350
2017 $11,685 $357,175 $98,825 $258,350
2016 $21,850 $500,000 $0 $0
2014 $21,850 $500,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Reed

    Seller's Agent in 2017

    Jimmy Reed

    Marx-Bensdorf, REALTORS

    (901) 461-1868

    30 in this area

    133 Total Sales

    Jimmy Reed
    Section Image
  • Patti Baggett

    Buyer's Agent in 2017

    Patti Baggett

    Crye-Leike

    (901) 218-8730

    33 Total Sales

    Patti Baggett
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9994708

Memphis Area Association of REALTORS®

APN: 06-8033-0-0013

Tennessee Shelby County Memphis 38120 Audubon Park

5383 Shady Grove Terrace, Memphis, TN

This home is located at 5383 Shady Grove Terrace, Memphis, TN 38120 since 01 February 2017 and is currently estimated at $1,941,241, approximately $187 per square foot. This property was built in 2001. 5383 Shady Grove Terrace is a home located in Shelby County with nearby schools including White Station Elementary School, White Station High, and White Station Middle.

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