NOT LISTED FOR SALE

5424 Lock Bay Ln Memphis, TN 38135

Estimated Value: $178,000 - $212,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$121/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $101,000 $63 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,101/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • 1 Fireplace
  • Level Lot

About This Home

As of May 2014

PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY IS RENTED AND TO BE SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT WITH TENANTS RIGHTS.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 05/06/2014

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 05/06/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,077

Year Built

  • Built in 1986

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,455 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Riverhill Estates Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0147B B00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,077

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 733B
  • MAAR Subdivision Name: RIVERHILL ESTATES SEC B
  • Freestanding: Yes
  • List Price Per Sq Ft: 69
  • Number Of Stories: 1
  • Price Per Sq Ft: 69.42
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1455
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 27
  • Acreage: 0.21
  • Lot Size: 0.216AC 74 X 127.42
  • Price Per Acre: 480952

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: D0147B B00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2014
Closed on
May 23, 2014
Sold by
Cmgs Properties Llc
Bought by
Intellihab Home Investments Llc
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$95,000
Sold Price
$101,000
Premium/Discount to List
$6,000
6.32%
Current Estimated Value
$192,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,857
Avg. Annual Appreciation
5.82%
Original Mortgage
$50,500
Outstanding Balance
$15,567
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$177,290

Purchase Details

Closed on
Nov 9, 2011
Sold by
Tcb Investments Llc and Sweeney Kerry
Bought by
Cmgs Properties Llc and Clothier Chris

Purchase Details

Closed on
Nov 7, 2011
Sold by
Household Financial Center Inc
Bought by
Tcb Investments Llc

Purchase Details

Closed on
Sep 27, 2011
Sold by
Viles Harriet Gale Jones
Bought by
Household Financial Center Inc

Purchase Details

Closed on
Sep 22, 2000
Sold by
Viles Jeffrey S
Bought by
Viles Harriet Gale Jones
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
Intellihab Home Investments Llc $101,000 None Available
Cmgs Properties Llc $50,000 None Available
Tcb Investments Llc $47,000 Us Title
Household Financial Center Inc $80,974 None Available
Viles Harriet Gale Jones -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Intellihab Home Investments Llc $50,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2014 05/23/14 Sold $101,000 +6.3% $72 / Sq Ft
05/08/2014 05/08/14 Pending -- -- --
05/06/2014 05/06/14 For Sale $95,000 -- $68 / 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 $1,077 $40,425 $5,000 $35,425
2024 $1,077 $31,775 $3,875 $27,900
2023 $1,077 $31,775 $3,875 $27,900
2022 $1,077 $31,775 $3,875 $27,900
2021 $1,096 $31,775 $3,875 $27,900
2020 $834 $20,600 $3,875 $16,725
2019 $834 $20,600 $3,875 $16,725
2018 $834 $20,600 $3,875 $16,725
2017 $847 $20,600 $3,875 $16,725
2016 $851 $19,475 $0 $0
2014 $851 $19,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mark Saller

    Reedy Group II, LLC

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3292947

Memphis Area Association of REALTORS®

APN: D0-147B-B0-0020

Tennessee Shelby County Memphis 38135

5424 Lock Bay Ln, Memphis, TN

This home is located at 5424 Lock Bay Ln, Memphis, TN 38135 since 06 May 2014 and is currently estimated at $192,857, approximately $120 per square foot. This property was built in 1986. 5424 Lock Bay Ln is a home located in Shelby County with nearby schools including Dexter Elementary School, Dexter Middle School, and Bolton High School.

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