NOT LISTED FOR SALE

5488 Philgrove Way Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $255,000 - $298,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$142/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $221,000 $111 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,745/month

35 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Great Room
  • Traditional Architecture
  • Corner Lot
  • Screened Porch

About This Home

As of November 2020

Fall in love with this one owner well-maintained, home in a quiet cove. It has 8 security cameras. Wood floors in the living areas, separate dining room, new carpet in bedrooms, updated bathrooms with new tile floors (master has granite counter tops), stainless steel kitchen with granite counter tops and new tile floors. Outside there’s a custom-built storage shed and fully fenced yard, a screened-in patio plus 2 outside decks (one covered). No Memphis taxes. Don’t Miss This one!!

Last Agent to Sell the Property

Elbert Carr

Crye-Leike, Inc., REALTORS License #221660 Listed on: 09/15/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Juan Brooks

Process Realty Services License #272549

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,846

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 61 x 161
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,818 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Den
  • Screened Porch

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage

Outdoor Features

  • Cove
  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Community Details

  • Ashley Ridge Ph1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0255G D00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,846

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
  • List Price Per Sq Ft: 127
  • Number Of Stories: 1
  • Price Per Sq Ft: 121.56
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1818
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet, Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Great Room, LR/DR Combination
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Storage Building, Screen Porch, Patio, Covered Patio, Deck
  • 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, Cove, Corner
  • Lot Number: 17
  • Lot Size: 61 X 161

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: D0255G D00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Nov 11, 2020
Sold by
Griffin Kent
Bought by
Jefferson Ronnie and Jefferson Ruby
Seller's Agent
Elbert Carr
Crye-Leike, Inc., REALTORS
Buyer's Agent
Juan Brooks
Process Realty Services
List Price
$230,500
Sold Price
$221,000
Premium/Discount to List
-$9,500
-4.12%
Total Days on Market
35
Current Estimated Value
$284,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,499
Avg. Annual Appreciation
5.66%
Original Mortgage
$216,997
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 1998
Sold by
Denley Robert J Co Inc
Bought by
Griffin Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,825
Interest Rate
7.03%
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
Jefferson Ronnie $245,000 None Available
Griffin Kent $133,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jefferson Ronnie $225,000
Previous Owner Jefferson Ronnie $216,997
Previous Owner Griffin Kent $171,625
Previous Owner Griffin Kent $171,000
Previous Owner Griffin Kent $166,250
Previous Owner Griffin Kent $126,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $221,000 -4.1% $123 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $230,500 -- $128 / 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 $1,846 $75,650 $12,925 $62,725
2024 $1,846 $54,450 $6,725 $47,725
2023 $1,846 $54,450 $6,725 $47,725
2022 $1,846 $54,450 $6,725 $47,725
2021 $1,879 $54,450 $6,725 $47,725
2020 $1,483 $36,625 $6,725 $29,900
2019 $1,483 $36,625 $6,725 $29,900
2018 $1,483 $36,625 $6,725 $29,900
2017 $1,505 $36,625 $6,725 $29,900
2016 $1,358 $31,075 $0 $0
2014 $1,358 $31,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elbert Carr

    Seller's Agent in 2020

    Elbert Carr

    Crye-Leike

    (901) 461-8889

    1 in this area

    22 Total Sales

    Elbert Carr
    Section Image
  • Juan Brooks

    Buyer's Agent in 2020

    Juan Brooks

    Process Realty Services

    (901) 864-4145

    3 in this area

    65 Total Sales

    Juan Brooks
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10084908

Memphis Area Association of REALTORS®

APN: D0-255G-D0-0017

Tennessee Shelby County Memphis 38125 Southern Shelby County

5488 Philgrove Way, Memphis, TN

This home is located at 5488 Philgrove Way, Memphis, TN 38125 since 15 September 2020 and is currently estimated at $284,499, approximately $142 per square foot. This property was built in 1996. 5488 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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