NOT LISTED FOR SALE

5487 Philgrove Way Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $282,000 - $314,000

3 Beds
2 Baths
2,600-2,799 Sq Ft
$106/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $115,299 $41 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $1,804/month

44 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Separate Formal Living Room
  • Wood Flooring
  • 1 Fireplace
  • Porch

About This Home

As of February 2013

REO PROPERTY-BANK OWNED. PROPERTY SOLD "AS IS". The Listing Broker & Seller assume no responsibility & make no guarantees, warranties or representations as to accuracy of the property information or photographs. Buyer to turn on Utilities for INSPECTIONS.

Last Agent to Sell the Property

Georgia Landry

Trek Property Management License #286174 Listed on: 10/29/2012

Last Buyer's Agent

Denise Richardson

Crye-Leike, Inc., REALTORS License #208750

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,767

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 73 x 110
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,625 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Separate Formal Living Room

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Outdoor Features

  • Porch

Community Details

  • Ashley Ridge Phase 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0255G D00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,767

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 #: 789C
  • MAAR Subdivision Name: ASHLEY RIDGE PH1
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 43.92
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2625
  • Year Built: 1996
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Hardwood Throughout, Wall to Wall Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • 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

Lot Info

  • Lot Description: Level
  • Lot Number: 10
  • Lot Size: 73 X 110

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: D0255G D00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2012
Closed on
Jan 28, 2013
Sold by
Wells Fargo Bank Na
Bought by
Triplett Leslie
Seller's Agent
Georgia Landry
Trek Property Management
Buyer's Agent
Denise Richardson
Crye-Leike, Inc., REALTORS
List Price
$128,000
Sold Price
$115,299
Premium/Discount to List
-$12,701
-9.92%
Total Days on Market
44
Current Estimated Value
$295,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,007
Avg. Annual Appreciation
7.95%
Original Mortgage
$113,210
Outstanding Balance
$81,187
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$214,119

Purchase Details

Closed on
Sep 17, 2012
Sold by
White Derrick G and White Tshombe Y
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 26, 1998
Sold by
Denley Robert J Co Inc
Bought by
White Derrick G and White Thombe Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,750
Interest Rate
6.61%
Source: Public Records

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Range of Values:

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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
Triplett Leslie $115,299 None Available
Wells Fargo Bank Na $152,000 None Available
White Derrick G $155,000 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Triplett Leslie $113,210
Previous Owner White Derrick G $148,000
Previous Owner White Derrick G $131,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $115,299 -9.9% $44 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
10/29/2012 10/29/12 For Sale $128,000 -- $49 / 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 $1,767 $76,725 $11,550 $65,175
2024 $1,767 $52,125 $6,025 $46,100
2023 $1,767 $52,125 $6,025 $46,100
2022 $1,767 $52,125 $6,025 $46,100
2021 $1,798 $52,125 $6,025 $46,100
2020 $1,552 $38,325 $6,025 $32,300
2019 $1,552 $38,325 $6,025 $32,300
2018 $1,552 $38,325 $6,025 $32,300
2017 $1,575 $38,325 $6,025 $32,300
2016 $1,517 $34,725 $0 $0
2014 $1,517 $34,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Georgia Landry

    Trek Property Management

  • Denise Richardson

    Buyer's Agent in 2013

    Denise Richardson

    Crye-Leike

    (901) 604-8371

    19 Total Sales

    Denise Richardson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3258821

Memphis Area Association of REALTORS®

APN: D0-255G-D0-0010

Tennessee Shelby County Memphis 38125 Southern Shelby County

5487 Philgrove Way, Memphis, TN

This home is located at 5487 Philgrove Way, Memphis, TN 38125 since 29 October 2012 and is currently estimated at $295,306, approximately $105 per square foot. This property was built in 1996. 5487 Philgrove Way 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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