NOT LISTED FOR SALE

5478 Brook Shade Ln Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $286,000 - $336,000

3 Beds
3 Baths
2,400-2,599 Sq Ft
$123/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $320,000 $123 Per Sq Ft

Current estimated payment $1,882/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Partially Carpeted
  • 1 Fireplace
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of June 2023

Multiple offers: Highest and best offers due May 31 by 3pm. Move in ready and tons of square footage with this 4 bedroom 3 bath home in SE Shelby County. Home was just painted on exterior and new, neutral paint in interior. New plank flooring downstairs and all new carpet upstairs. HVAC just serviced and landscaping just freshened up. Large lot for entertaining and play.

Last Agent to Sell the Property

Camela Henke

Enterprise, REALTORS License #307460 Listed on: 05/26/2023

Last Buyer's Agent

Tia Veazey

KAIZEN Realty, LLC License #362107

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,251

Year Built

  • Built in 2006

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,501 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Den
  • Partially Carpeted
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • River Grove Estates Pd Amen Ph 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0255G I00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,251

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 789C
  • MAAR Subdivision Name: RIVER GROVE ESTATES PH2
  • List Price Per Sq Ft: 132
  • Number Of Stories: 2
  • Price Per Sq Ft: 127.95
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2501
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 3
  • Living Dining Kitchen: Separate Den
  • Number Of Fireplaces: 1
  • Total Bathrooms: 3

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 74
  • Acreage: 0.23
  • Lot Size: 64.62 X 109.14 (IRR)
  • Price Per Acre: 1434348

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: D0255G I00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Jun 30, 2023
Sold by
Mhv1 Llc
Bought by
Mcmillion Kenneth
Seller's Agent
Camela Henke
Enterprise, REALTORS
Buyer's Agent
Tia Veazey
KAIZEN Realty, LLC
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%
Views
174
Current Estimated Value
$319,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$432
Avg. Annual Appreciation
-0.06%
Original Mortgage
$320,000
Outstanding Balance
$312,252
Interest Rate
6.71%
Estimated Equity
$7,316

Purchase Details

Closed on
Apr 13, 2023
Sold by
Whisenton Marshall Demetrius and Whisenton Catherine
Bought by
Mhv1 Llc

Purchase Details

Closed on
Jan 25, 2012
Sold by
Bruce James D and Bruce Heather B
Bought by
Whisenton Marshall Demetrius and Whisenton Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,310
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2010
Sold by
Northstar Homes Llc
Bought by
Bruce James D and Bruce Heather B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 2009
Sold by
Beaty Douglas R
Bought by
Northstar Homes Llc

Purchase Details

Closed on
Apr 27, 2006
Sold by
David Miller Llc
Bought by
Levitt & Sons Of Shelby County Llc
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
Mcmillion Kenneth $320,000 Edco Title & Closing Services
Mhv1 Llc $230,000 None Listed On Document
Whisenton Marshall Demetrius $185,000 Assurance Title & Escrow Co
Bruce James D $141,000 Multiple
Northstar Homes Llc -- Tam Title & Escrow Llc
Levitt & Sons Of Shelby County Llc $276,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmillion Kenneth $320,000
Previous Owner Whisenton Marshall Demetrius $180,310
Previous Owner Bruce James D $141,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $320,000 -3.0% $133 / Sq Ft
05/26/2023 05/26/23 For Sale $329,900 -- $137 / 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 $2,251 $83,725 $17,500 $66,225
2024 $2,267 $66,875 $9,900 $56,975
2023 $2,267 $66,875 $9,900 $56,975
2022 $2,267 $66,875 $9,900 $56,975
2021 $2,307 $66,875 $9,900 $56,975
2020 $1,613 $39,825 $9,900 $29,925
2019 $1,613 $39,825 $9,900 $29,925
2018 $1,613 $39,825 $9,900 $29,925
2017 $1,637 $39,825 $9,900 $29,925
2016 $2,021 $46,250 $0 $0
2014 $2,021 $46,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Camela Henke

    Seller's Agent in 2023

    Camela Henke

    Enterprise, REALTORS

    (901) 626-2990

    7 in this area

    307 Total Sales

    Camela Henke
    Section Image

  • T

    Buyer's Agent in 2023

    Tia Veazey

    KAIZEN Realty, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10148810

Memphis Area Association of REALTORS®

APN: D0-255G-I0-0011

Tennessee Shelby County Memphis 38125 Southern Shelby County

5478 Brook Shade Ln, Memphis, TN

This home is located at 5478 Brook Shade Ln, Memphis, TN 38125 since 26 May 2023 and is currently estimated at $319,568, approximately $122 per square foot. This property was built in 2006. 5478 Brook Shade Ln 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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