NOT LISTED FOR SALE

5424 Mahogany Ridge Dr Arlington, TN 38002

Lakeland Neighborhood

Estimated Value: $308,000 - $335,000

3 Beds
2 Baths
1,821 Sq Ft
$176/Sq Ft Est. Value

Last Sold May 17, 2012

Last sale price $152,000 $83 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,952/month

383 Days on Market

Highlights

  • Updated Kitchen
  • Landscaped Professionally
  • Traditional Architecture
  • Arlington Middle School Rated A
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of May 2012

Reduced $19,000! Where can you find a Cute,open,airy 1.5 sty brick 4 B/R or 3 B/R & gamerm trad.w/tall ceilgs;wood blinds thruout;G/R w/fp;M/B suite w/whirlpl tub, sep shower;fenced backyd & 2 Car gar. in a great location near schls & I-40 for $154,900?

Last Agent to Sell the Property

Clara Yerger

Crye-Leike, Inc., REALTORS License #212231 Listed on: 03/07/2011

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Eddie Cox

KAIZEN Realty, LLC License #289708

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,931

Year Built

  • Built in 2003

Lot Details

  • 0.27 Acre Lot
  • Landscaped Professionally
  • Few Trees

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,821 Sq Ft Home
  • 1.1-Story Property
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Great Room
  • Den with Fireplace
  • Play Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • <<selfCleaningOvenToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Covered patio or porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Village Of Summer Meadows Pd Ph 3 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number A0141A C00028

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,931

Year Built

Built in 2003

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: MILTON WILSON
  • MLS Map #: 842A
  • MAAR Subdivision Name: VILLAGE OF SUMMER MEADOWS PH3
  • Number Of Stories: 1.1
  • Price Per Sq Ft: 83.47
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1821
  • Termite Contract: Yes
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: Play Room/Rec Room
  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Prefabricated, Ventless Gas Fireplace, In Den/Great Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Carpet, Tile, Sprayed Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Rear Stairs to Playroom, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Play Room, Entry Hall
  • 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, Vaulted/Coffered Ceiling, Carpet

Exterior Features

  • Misc Exterior: Patio, Covered Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Gas, Dual System
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 181
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped
  • Lot Number: 184
  • Acreage: 0.27
  • Lot Size: 12121 SF 62.31 X 187.23 (IRR)

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: A0141A C00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2011
Closed on
May 16, 2012
Sold by
Grassi Christopher M and Grassi Tabitha L
Bought by
Massa Robert Michael and Massa Jennifer
Seller's Agent
Clara Yerger
Crye-Leike, Inc., REALTORS
Buyer's Agent
Eddie Cox
KAIZEN Realty, LLC
List Price
$173,900
Sold Price
$152,000
Premium/Discount to List
-$21,900
-12.59%
Current Estimated Value
$320,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,699
Avg. Annual Appreciation
5.86%
Original Mortgage
$147,440
Outstanding Balance
$103,643
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$218,472

Purchase Details

Closed on
Feb 27, 2007
Sold by
Taken Richard A and Taken Tina L
Bought by
Grassi Christopher M and Grassi Tabitha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,225
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 28, 2003
Sold by
Reeves Williams Llc
Bought by
Taken Richard A and Taken Tina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,280
Interest Rate
5.86%
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
Massa Robert Michael $152,000 Baymark Title & Escrow Svcs
Grassi Christopher M $168,900 Realty Title
Taken Richard A $143,405 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massa Robert M $10,000
Open Massa Robert Michael $147,440
Previous Owner Grassi Christopher M $42,225
Previous Owner Grassi Christopher M $126,650
Previous Owner Taken Richard A $142,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2012 05/17/12 Sold $152,000 -12.6% $83 / Sq Ft
03/24/2012 03/24/12 Pending -- -- --
03/07/2011 03/07/11 For Sale $173,900 -- $95 / 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 $1,931 $82,500 $15,500 $67,000
2024 $3,861 $56,950 $10,850 $46,100
2023 $2,660 $56,950 $10,850 $46,100
2022 $2,660 $56,950 $10,850 $46,100
2021 $2,694 $56,950 $10,850 $46,100
2020 $2,535 $46,775 $9,550 $37,225
2019 $1,894 $46,775 $9,550 $37,225
2018 $2,432 $46,775 $9,550 $37,225
2017 $2,460 $46,775 $9,550 $37,225
2016 $2,248 $40,725 $0 $0
2014 $1,780 $40,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Clara Yerger

    Crye-Leike

    (901) 834-0099

    1 in this area

    15 Total Sales

    Clara Yerger
    Section Image

  • E

    Buyer's Agent in 2012

    Eddie Cox

    KAIZEN Realty, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3218904

Memphis Area Association of REALTORS®

APN: A0-141A-C0-0028

Tennessee Shelby County Arlington 38002 Lakeland

5424 Mahogany Ridge Dr, Arlington, TN

This home is located at 5424 Mahogany Ridge Dr, Arlington, TN 38002 since 07 March 2011 and is currently estimated at $320,699, approximately $176 per square foot. This property was built in 2003. 5424 Mahogany Ridge Dr is a home located in Shelby County with nearby schools including Arlington Middle School and Arlington High School.

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