NOT LISTED FOR SALE

5401 Philgrove Way Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $263,000 - $297,000

3 Beds
2 Baths
2,000-2,199 Sq Ft
$127/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $254,000 $116 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,709/month

75 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Whirlpool Bathtub
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Attic

About This Home

As of September 2021

This home sits on a meticulousy manicured corner lot in the HIGHLY sought after Ashley Ridge Subdivision! Walk in & the beautiful arched entryways invite you into the spacious family room that has soaring ceilings, a tile-wrapped fireplace, built-in bookshelf, and large windows that allow the natural light to pour in. The kitchen offers plenty of cabinet/countertop space, custom backsplash, & breakfast area. Split bedroom plan! Relax or entertain for hours on your backyard deck! NO CITY TAXES!!

Last Agent to Sell the Property

Kesha Hamilton

Keller Williams License #320924 Listed on: 06/15/2021

Keller Williams

Last Buyer's Agent

Shavondra Patton

Keller Williams License #346224

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 1996

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 91 x 115
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,062 Sq Ft Home
  • 1.1-Story Property
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Storage Room
  • Laundry Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Cable TV Available

Community Details

  • Ashley Ridge Phase 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0255G D00038

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,686

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Easterly
  • MLS Map #: 789C
  • MAAR Subdivision Name: ASHLEY RIDGE PH1
  • List Price Per Sq Ft: 122
  • Number Of Stories: 1.1
  • Price Per Sq Ft: 123.18
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2062
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: Bonus Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Wood Laminate Floors, Tile, Textured Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Microwave, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Pantry
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs, Attic Access, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic, Storage Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Corner, Landscaped, Wood Fenced
  • Lot Number: 38
  • Acreage: 0.24
  • Lot Size: 91 X 115
  • Price Per Acre: 1050000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: D0255G D00038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Sep 10, 2021
Sold by
Mcgee Cecil and Mcgee Patricia
Bought by
Newson Terran and Newson Candyce
Seller's Agent
Kesha Hamilton
Keller Williams
Buyer's Agent
Shavondra Patton
Keller Williams
List Price
$253,000
Sold Price
$254,000
Premium/Discount to List
$1,000
0.4%
Total Days on Market
75
Current Estimated Value
$280,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,368
Avg. Annual Appreciation
2.67%
Original Mortgage
$247,435
Outstanding Balance
$226,791
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$53,577

Purchase Details

Closed on
Jun 14, 2017
Sold by
The County Of Shelby
Bought by
Mcgee Cecil

Purchase Details

Closed on
Sep 29, 2000
Sold by
Parrish Patricia and Parrish Lawrence
Bought by
Mcgee Cecil and Mcgee Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,900
Interest Rate
7.96%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 22, 1999
Sold by
Haywood Mcguire and Haywood Larissa
Bought by
Parrish Lawrence and Parrish Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,930
Interest Rate
6.82%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 1996
Sold by
Chamberlain & Mccreery Inc
Bought by
Mcguire Haywood and Mcguire Larissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,412
Interest Rate
8.02%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Newson Terran $254,000 None Available
Mcgee Cecil $300 None Available
Mcgee Cecil $300 None Available
Mcgee Cecil $200 None Available
Mcgee Cecil $144,900 --
Parrish Lawrence $138,000 --
Mcguire Haywood $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newson Terran $247,435
Previous Owner Mcgee Cecil $16,600
Previous Owner Mcgee Cecil J $149,400
Previous Owner Mcgee Cecil $115,900
Previous Owner Parrish Lawrence $137,930
Previous Owner Mcguire Haywood $129,412
Closed Mcgee Cecil $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $254,000 +0.8% $127 / Sq Ft
09/10/2021 09/10/21 Price Changed $252,000 -0.4% $126 / Sq Ft
08/11/2021 08/11/21 For Sale $253,000 0.0% $127 / Sq Ft
08/11/2021 08/11/21 Price Changed $253,000 -0.4% $127 / Sq Ft
08/07/2021 08/07/21 Off Market $254,000 -- --
06/20/2021 06/20/21 For Sale $240,000 -5.5% $120 / Sq Ft
06/15/2021 06/15/21 Off Market $254,000 -- --
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 $1,686 $72,700 $13,050 $59,650
2024 $1,686 $49,725 $6,800 $42,925
2023 $1,686 $49,725 $6,800 $42,925
2022 $1,686 $49,725 $6,800 $42,925
2021 $1,716 $49,725 $6,800 $42,925
2020 $1,517 $37,450 $6,800 $30,650
2019 $1,517 $37,450 $6,800 $30,650
2018 $1,517 $37,450 $6,800 $30,650
2017 $1,539 $37,450 $6,800 $30,650
2016 $1,396 $31,950 $0 $0
2014 $1,396 $31,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kesha Hamilton

    Seller's Agent in 2021

    Kesha Hamilton

    Keller Williams

    (901) 831-5308

    7 in this area

    130 Total Sales

    Kesha Hamilton
    Section Image
  • Shavondra Patton

    Buyer's Agent in 2021

    Shavondra Patton

    Keller Williams

    (901) 591-5895

    5 in this area

    57 Total Sales

    Shavondra Patton
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10101780

Memphis Area Association of REALTORS®

APN: D0-255G-D0-0038

Tennessee Shelby County Memphis 38125 Southern Shelby County

5401 Philgrove Way, Memphis, TN

This home is located at 5401 Philgrove Way, Memphis, TN 38125 since 15 June 2021 and is currently estimated at $280,368, approximately $127 per square foot. This property was built in 1996. 5401 Philgrove Way 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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