NOT LISTED FOR SALE

5404 Meadow Cross Dr Memphis, TN 38141

Parkway Village Neighborhood

Estimated Value: $192,000 - $215,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$145/Sq Ft Est. Value

Last Sold April 09, 2012

Last sale price $52,000 $37 Per Sq Ft

Est. 291% increase in value since last sale

Current estimated payment $1,161/month

Highlights

  • Traditional Architecture
  • Great Room
  • 2 Car Attached Garage
  • Corner Lot
  • Porch
  • Eat-In Kitchen

About This Home

As of April 2012

Nice corner lot, 3bdrms, 2 bath, fenced bkyd, greatrm w/flpl.in need of some repairs a great buy!! This is a Fannie Mae HomePath property. Purchas this property for as little as 3% down! Property is approved for HomePath Renovation Mtg. Financing.

Last Agent to Sell the Property

Oliver Peyton

The Peyton Co., Inc., REALTORS License #14896 Listed on: 01/04/2012

Co-Listed By

Pearlie Monger

The Peyton Co., Inc., REALTORS License #51596

Last Buyer's Agent

Pearlie Monger

The Peyton Co., Inc., REALTORS License #51596

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,142

Year Built

  • Built in 1996

Lot Details

  • 0.28 Acre Lot
  • Corner Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,381 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Den with Fireplace
  • Wall to Wall Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Ragan Farms Section A Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0255J A00040

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,142

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 774A
  • MAAR Subdivision Name: RAGAN FARMS SEC A
  • Number Of Stories: 1
  • Price Per Sq Ft: 37.65
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1381
  • Year Built: 1996
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Corner
  • Lot Number: 40
  • Acreage: 0.28
  • Lot Size: 12335SF .28AC 89X98

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: D0255J A00040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2012
Closed on
Mar 30, 2012
Sold by
Fannie Mae
Bought by
Lanier Thomas
Seller's Agent
Oliver Peyton
The Peyton Co., Inc., REALTORS
Buyer's Agent
Pearlie Monger
The Peyton Co., Inc., REALTORS
List Price
$54,000
Sold Price
$52,000
Premium/Discount to List
-$2,000
-3.7%
Current Estimated Value
$203,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,388
Avg. Annual Appreciation
10.59%
Original Mortgage
$30,000
Outstanding Balance
$20,712
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$182,676

Purchase Details

Closed on
Jan 3, 2012
Sold by
Hernandez Griselda and Hernandez Daniel
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 12, 2005
Sold by
Smith Johnny L and Smith Martha L
Bought by
Hernandez Daniel and Hernandez Griselda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,200
Interest Rate
7.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 7, 1997
Sold by
Ragan Farms Homes Lp
Bought by
Smith Johnny L and Smith Martha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,316
Interest Rate
7.9%
Mortgage Type
FHA
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
Lanier Thomas $52,000 None Available
Federal National Mortgage Association $108,600 None Available
Hernandez Daniel $116,500 --
Smith Johnny L $94,850 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanier Thomas $30,000
Previous Owner Hernandez Daniel $93,200
Previous Owner Smith Johnny L $95,316
Closed Hernandez Daniel $23,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2012 04/09/12 Sold $52,000 -3.7% $43 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $54,000 -- $45 / 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 $1,142 $45,625 $8,750 $36,875
2024 $1,142 $33,675 $6,850 $26,825
2023 $1,142 $33,675 $6,850 $26,825
2022 $1,142 $33,675 $6,850 $26,825
2021 $1,162 $33,675 $6,850 $26,825
2020 $946 $23,350 $5,000 $18,350
2019 $946 $23,350 $5,000 $18,350
2018 $946 $23,350 $5,000 $18,350
2017 $960 $23,350 $5,000 $18,350
2016 $942 $21,550 $0 $0
2014 $942 $21,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Oliver Peyton

    Seller's Agent in 2012

    Oliver Peyton

    The Peyton Co., Inc., REALTORS

    (901) 351-8692

    41 Total Sales

    Oliver Peyton
    Section Image

  • P

    Seller Co-Listing Agent in 2012

    Pearlie Monger

    The Peyton Co., Inc., REALTORS

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3238296

Memphis Area Association of REALTORS®

APN: D0-255J-A0-0040

Tennessee Shelby County Memphis 38141 Parkway Village

5404 Meadow Cross Dr, Memphis, TN

This home is located at 5404 Meadow Cross Dr, Memphis, TN 38141 since 04 January 2012 and is currently estimated at $203,388, approximately $145 per square foot. This property was built in 1996. 5404 Meadow Cross Dr is a home located in Shelby County with nearby schools including Ross Elementary School, Kirby High School, and Memphis Business Academy Hickory Hill Middle School.

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