NOT LISTED FOR SALE

5501 Heather View Dr Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $273,000 - $298,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $252,000 $126 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,580/month

4 Days on Market

Highlights

  • Landscaped Professionally
  • Traditional Architecture
  • Whirlpool Bathtub
  • Vaulted Ceiling
  • Wood Flooring
  • Den with Fireplace

About This Home

As of July 2021

GREAT ONE STORY WITH AN OPEN FLOORPLAN FRESHLY PAINTED, NEW CARPET & HARD WOOD FLOORS. GREATROOM W/FIREPLACE, SEPARATE DINING ROOM, EAT IN KITCHEN,LUXURY MASTER BATH, LAUNDRY/OFFICE ROOM, THIS ONE IS A MUST SEE FOR BUYERS IN THIS AREA! NO CITY TAXES!!! Showings Start Friday 5/21/21.

Last Agent to Sell the Property

Valerie Morman

Keller Williams License #310454 Listed on: 05/20/2021

Keller Williams

Last Buyer's Agent

David Anthony

KAIZEN Realty, LLC License #251550

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 10,019 Sq Ft Lot
  • Landscaped Professionally
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Wood Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 2,003 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Breakfast Room
  • Den with Fireplace
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Parking

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

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • South Oak Pd Phase 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0255B A00046

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SOUTH OAK PH2
  • List Price Per Sq Ft: 134
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2003
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Vaulted/Coffered Primary
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Vaulted/Coffered Ceilings, Smooth Ceiling
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Disposal, Dishwasher
  • Living Dining Kitchen: Separate Breakfast Room
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Office/Sewing Room
  • Primary Bathroom Description: Whirlpool Tub
  • P R I M A R Y B E D R O O M: Full Bath

Exterior Features

  • Misc Exterior: Porch, Sidewalks
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Wood/Shake

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Professionally Landscaped
  • Lot Number: 176
  • Acreage: 0.23
  • Lot Size: 10073SF 81X130IRR

Green Features

  • Green Feature Checklist: Yes

Tax Info

  • Assessor Parcel Number: D0255B A00046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 21, 2021
Sold by
Chism Mark
Bought by
Flowers Frederick
Seller's Agent
Valerie Morman
Keller Williams
Buyer's Agent
David Anthony
KAIZEN Realty, LLC
List Price
$270,000
Sold Price
$252,000
Premium/Discount to List
-$18,000
-6.67%
Current Estimated Value
$279,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,329
Avg. Annual Appreciation
2.81%
Original Mortgage
$252,000
Outstanding Balance
$228,155
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$57,520

Purchase Details

Closed on
Apr 20, 2015
Sold by
Chism Evelyn
Bought by
Chism Mark

Purchase Details

Closed on
Nov 8, 2010
Sold by
Chism Mark
Bought by
Chism Evelyn

Purchase Details

Closed on
Oct 27, 2006
Sold by
Jpmorgan Chase Bank
Bought by
Chism Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2006
Sold by
Jones Brown Sonya R
Bought by
Jpmorgan Chase Bank

Purchase Details

Closed on
Aug 20, 2003
Sold by
Boyd Sherman L
Bought by
Jones Sonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Flowers Frederick $252,000 Home Surety T&E Llc
Chism Mark -- Baymark Title & Escrow Svcs
Chism Evelyn -- None Available
Chism Mark $157,000 Resource Title Of Tennessee
Jpmorgan Chase Bank $140,250 None Available
Jones Sonya $160,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flowers Frederick $252,000
Previous Owner Chism Mark $125,600
Previous Owner Jones Sonya $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $252,000 -6.3% $140 / Sq Ft
05/21/2021 05/21/21 Price Changed $269,000 -0.4% $149 / Sq Ft
05/20/2021 05/20/21 For Sale $270,000 -- $150 / 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 $1,611 $67,475 $12,975 $54,500
2024 $1,611 $47,525 $6,775 $40,750
2023 $1,611 $47,525 $6,775 $40,750
2022 $1,611 $47,525 $6,775 $40,750
2021 $1,640 $47,525 $6,775 $40,750
2020 $1,467 $36,225 $6,775 $29,450
2019 $1,467 $36,225 $6,775 $29,450
2018 $1,467 $36,225 $6,775 $29,450
2017 $1,489 $36,225 $6,775 $29,450
2016 $1,346 $30,800 $0 $0
2014 $1,346 $30,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Valerie Morman

    Seller's Agent in 2021

    Valerie Morman

    Keller Williams

    (901) 949-0114

    5 in this area

    15 Total Sales

    Valerie Morman
    Section Image
  • David Anthony

    Buyer's Agent in 2021

    David Anthony

    KAIZEN Realty, LLC

    (901) 864-2614

    4 in this area

    45 Total Sales

    David Anthony
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10099821

Memphis Area Association of REALTORS®

APN: D0-255B-A0-0046

Tennessee Shelby County Memphis 38125 Southern Shelby County

5501 Heather View Dr, Memphis, TN

Not Listed for Sale

Detached

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