NOT LISTED FOR SALE

5503 Park Ave Memphis, TN 38119

Colonial Acres Neighborhood

Estimated Value: $270,000 - $393,474

3 Beds
3 Baths
2,400-2,599 Sq Ft
$133/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $203,000 $78 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,247/month

39 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Landscaped Professionally
  • Traditional Architecture
  • Updated Kitchen
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of February 2017

BACK ON MARKET DUE TO BUYER DEFAULT! Super nice, VERY spacious, updated 3 bedroom/3 bath Townhouse in prime east Memphis. Desired private end unit w/ larger patio. One bedroom/office down with closet & full bath. (Wall removed for office). NEW granite in Kitchen and Master Bath. New smooth cooktop. Hardwoods down. Huge Master Suite w/ fireplace and double 6' vanities. Superb storage space with 11 closets, large walk-in attic plus additional attic. 2 car garage. Outstanding value!

Last Agent to Sell the Property

Hedda Schwartz

KAIZEN Realty, LLC License #233636 Listed on: 01/01/2017

KAIZEN Realty, LLC

Last Buyer's Agent

Courtney Murrah

Ware Jones, REALTORS License #238041

Ware Jones, REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,363

Year Built

  • Built in 1986

Lot Details

  • 6,970 Sq Ft Lot
  • Wood Fence
  • Landscaped Professionally
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,493 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Storage Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Bathroom
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Home Security

  • Burglar Security System
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Property has a Home Owners Association
  • $150 Maintenance Fee
  • Association fees include trash collection, grounds maintenance
  • Crestwood Place Pud Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067087 A00001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,363

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • Detached Unit Type: General Residential
  • MLS Map #: 759D
  • MAAR Subdivision Name: YORKSHIRE
  • Condo: Yes
  • List Price Per Sq Ft: 85
  • Number Of Stories: 2
  • Price Per Sq Ft: 81.43
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2493
  • Termite Contract: Yes
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 2nd Bedroom, 1 Bath
  • Second Story Floor Plan: Primary Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Up, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 2, Private Full Bath, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Private Full Bath, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: Prefabricated, Ventless Gas Fireplace, Vented Gas Fireplace, In Living Room, In Primary Bedroom, Gas Logs
  • Floors/Ceilings: Wall to Wall Carpet, Part Hardwood, Tile
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Island In Kitchen, W/D Connection in Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Attic Access, Walk-In Attic, Security System
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Closet, Entry Hall, Attic
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Dressing Area, Carpet
  • P R I M A R Y B E D R O O M: Level 2, Full Bath, Fireplace, Sitting Area, Carpet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood 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: Storage Room(s), Back-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Security: Burglar Alarm
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Fees Include: Trash Collection, Grounds Maintenance
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 150

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped, Wood Fenced
  • Lot Number: 1
  • Acreage: 0.16
  • Lot Size: .1636AC59.45/23.15+34.38X137.81/ ~
  • Price Per Acre: 1328125

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 067087 A00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2012
Sold by
Bloom Robert
Bought by
Fedinec Diana Maria
Current Estimated Value
$376,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,800
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2006
Sold by
Fry Michelle A
Bought by
Bloom Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,200
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1998
Sold by
Fowler Carolyn W and Wood Thurman Wood
Bought by
Fry Michele A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.61%
Source: Public Records

Range of Values:

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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
Fedinec Diana Maria $203,000 Edco Title & Closing Service
Bloom Robert $201,500 Realty Title
Fry Michele A $193,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bloom Robert $174,603
Previous Owner Fedinec Diana Maria $121,800
Previous Owner Bloom Robert $202,656
Previous Owner Bloom Robert $159,478
Previous Owner Bloom Robert $161,200
Previous Owner Bloom Robert $40,300
Previous Owner Fry Michele A $84,000
Previous Owner Fowler Carolyn Wood $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $203,000 -4.5% $85 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
01/01/2017 01/01/17 For Sale $212,500 -- $89 / 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 $2,363 $72,925 $10,700 $62,225
2024 $2,363 $69,700 $12,050 $57,650
2023 $4,246 $69,700 $12,050 $57,650
2022 $4,246 $69,700 $12,050 $57,650
2021 $4,296 $69,700 $12,050 $57,650
2020 $3,672 $50,675 $12,050 $38,625
2019 $3,672 $50,675 $12,050 $38,625
2018 $3,672 $50,675 $12,050 $38,625
2017 $2,083 $50,675 $12,050 $38,625
2016 $1,770 $40,500 $0 $0
2014 $1,770 $40,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hedda Schwartz

    Seller's Agent in 2017

    Hedda Schwartz

    KAIZEN Realty, LLC

    (901) 487-8133

    5 in this area

    47 Total Sales

    Section Image

  • C

    Buyer's Agent in 2017

    Courtney Murrah

    Ware Jones, REALTORS

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9992819

Memphis Area Association of REALTORS®

APN: 06-7087-A0-0001

Tennessee Shelby County Memphis 38119 Colonial Acres

5503 Park Ave, Memphis, TN

This home is located at 5503 Park Ave, Memphis, TN 38119 since 01 January 2017 and is currently estimated at $346,619, approximately $133 per square foot. This property was built in 1986. 5503 Park Ave is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

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