NOT LISTED FOR SALE

5419 Shady Grove Terrace Memphis, TN 38120

Audubon Park Neighborhood

Estimated Value: $1,136,000 - $1,604,000

5 Beds
7 Baths
6,000-6,999 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $1,012,773 $145 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,506/month

Highlights

  • Pool House
  • Two Primary Bedrooms
  • 2.35 Acre Lot
  • White Station High Rated A
  • Updated Kitchen
  • Landscaped Professionally

About This Home

As of February 2020

Incredible opportunity to purchase this beautiful estate in the heart of East Memphis! Set on 2.35 acres, the stately primary residence boasts 5 bedrooms, 4 full baths, 3 half baths, two story formal living room, beautiful custom trim work throughout and large rooms that flow graciously throughout. In the backyard paradise, you'll find an incredible guest home with full kitchen, 1 bedroom, 1 bath, and vaulted living room with fireplace. Beautiful pool, outdoor kitchen, and spa!! MUST SEE

Last Agent to Sell the Property

Joshua Spotts

eXp Realty, LLC License #327645 Listed on: 08/12/2019

eXp Realty, LLC

Last Buyer's Agent

Susie Sneed

Sneed Company, REALTORS License #289078

Sneed Company, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,018

Year Built

  • Built in 1999

Lot Details

  • 2.35 Acre Lot
  • Wood Fence
  • Brick Fence
  • Landscaped Professionally
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 6,000-6,999 Sq Ft Home
  • 6,408 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Play Room
  • Screened Porch
  • Keeping Room
  • Laundry Room
  • Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Partially Carpeted
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Pool

  • Pool House
  • In Ground Pool

Utilities

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

Community Details

  • Shady Grove Road Acres Subdivision
  • Building Fire Alarm

Listing and Financial Details

  • Assessor Parcel Number 068033 00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,018

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Shady Grove
  • MLS Map #: 756F
  • MAAR Subdivision Name: SHADY GROVE RD ACRES
  • List Price Per Sq Ft: 195
  • Number Of Stories: 2
  • Price Per Sq Ft: 158.05
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 6408
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 1/2 Bath, Laundry Room, Keeping/Hearth Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Two Primaries, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 6000 - 6999
  • Bedroom 2 Description: Level 1, Private Full Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling
  • Bedroom 5 Description: Level 2, Shared Bath, Smooth Ceiling
  • Bedrooms: 5
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Living Room, In Den/Great Room, In Primary Bedroom, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Equipment: Self Cleaning Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Instant Hot Water, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Keeping/Hearth Room
  • Misc Interior: Wet Bar, Walk-In Closet(s), Walk-In Attic, Security System, Monitored Alarm
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Play Room, Office/Sewing Room, Entry Hall
  • Total Bathrooms: 4.3
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Screen Porch, Covered Patio, Pool House, Well Landscaped Grounds, Wood Fence
  • Exterior Windows: Wood/Composition, Stucco, Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: In Ground

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: More than 3 Coverd Spaces, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Security: Burglar Alarm, Fire Alarm, Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped, Wood Fenced, Brick/Stone Fenced
  • Lot Number: 6
  • Acreage: 2.35
  • Lot Size: 2.35
  • Price Per Acre: 531915

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: 068033 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2019
Closed on
Feb 18, 2020
Sold by
Meli Ali and East Massey Trust
Bought by
Gill Farrukh Igbal and Gill Naveed Anwar
Seller's Agent
Joshua Spotts
eXp Realty, LLC
Buyer's Agent
Susie Sneed
Sneed Company, REALTORS
List Price
$1,450,000
Sold Price
$1,012,773
Premium/Discount to List
-$437,227
-30.15%
Current Estimated Value
$1,436,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,091
Avg. Annual Appreciation
6.86%
Original Mortgage
$1,012,773
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2008
Sold by
Turner Lisa C
Bought by
Turner Lisa C and The Lisa C Turner Revocable Trust

Purchase Details

Closed on
Aug 10, 1998
Sold by
Turner Tom R and Turner Doris B
Bought by
Turner Lisa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.97%

Purchase Details

Closed on
Apr 15, 1997
Sold by
Turner Doris B
Bought by
Doris B Turner Trust
Source: Public Records

Range of Values:

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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
Gill Farrukh Igbal $1,012,773 None Available
Turner Lisa C -- None Available
Turner Lisa C $375,000 --
Doris B Turner Trust -- --
Tom R Turner Trust -- --
Turner Thomas R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill Farrukh Iqbal $1,225,000
Closed Gill Farrukh Igbal $1,012,773
Previous Owner Turner Lisa C $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $1,012,773 -19.0% $169 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
10/02/2019 10/02/19 Price Changed $1,250,000 -2.0% $208 / Sq Ft
09/18/2019 09/18/19 Price Changed $1,275,000 -12.1% $213 / Sq Ft
08/12/2019 08/12/19 For Sale $1,450,000 +8.6% $242 / Sq Ft
05/25/2012 05/25/12 Sold $1,335,000 -25.6% $223 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
07/20/2010 07/20/10 For Sale $1,795,000 -- $299 / 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 $11,018 $352,250 $125,200 $227,050
2024 $11,018 $325,000 $181,425 $143,575
2023 $19,798 $325,000 $181,425 $143,575
2022 $19,798 $325,000 $181,425 $143,575
2021 $22,596 $419,600 $181,425 $238,175
2020 $30,055 $414,775 $181,425 $233,350
2019 $13,256 $414,775 $181,425 $233,350
2018 $13,256 $414,775 $181,425 $233,350
2017 $13,569 $414,775 $181,425 $233,350
2016 $17,480 $400,000 $0 $0
2014 $18,625 $401,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10059546

Memphis Area Association of REALTORS®

APN: 06-8033-0-0018