NOT LISTED FOR SALE

5509 Lyford Ave Memphis, TN 38119

Colonial Acres Neighborhood

Estimated Value: $230,000 - $265,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$138/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $119,000 $66 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,504/month

181 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • Attic
  • Den with Fireplace

About This Home

As of April 2016

Looking for that special home in Colonial Acres and the Yorkshire area? This 3 BR/2Bath home is in wonderful, move in condition. Roof and water heater are 7 yrs old, AC is 13 yrs old, carpet and tile look BRAND NEW! Hardwood under the carpet, appliances working fine - great home for a first time buyer or empty nester! Morgan Building, patio with canopy, fenced yard, great neighborhood! Don't miss this one!

Last Agent to Sell the Property

Linda Arnold

River Realty, LLC License #225172 Listed on: 10/15/2015

Last Buyer's Agent

Floy Blustein

J.D. Marks, Inc., REALTORS License #50121

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,792

Year Built

  • Built in 1964

Lot Details

  • 8,712 Sq Ft Lot
  • Landscaped Professionally
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,651 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Storage Room
  • Washer and Dryer Hookup
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Iron Doors

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Yorkshire View Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067037 00071

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,792

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 759F
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 73
  • Number Of Stories: 1
  • Price Per Sq Ft: 72.08
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1651
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Shared Bath, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, Vented Gas Fireplace, In Den/Great Room
  • Floors/Ceilings: Wall to Wall Carpet, Part Hardwood, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Entry Hall, Attic, Storage Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Separate Shower
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Patio, Covered Patio, Sidewalks
  • Exterior Windows: Brick Veneer, Vinyl Siding, Storm Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Storage Room(s)

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Smoke Detector(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped
  • Lot Number: 48
  • Acreage: 0.2
  • Lot Size: .20
  • Price Per Acre: 599500

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 067037 00071

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2015
Closed on
Apr 22, 2016
Sold by
Michaels Jesse J
Bought by
Mickaels Jesse J and Bates Lauren
Seller's Agent
Linda Arnold
River Realty, LLC
Buyer's Agent
Floy Blustein
J.D. Marks, Inc., REALTORS
List Price
$124,900
Sold Price
$119,000
Premium/Discount to List
-$5,900
-4.72%
Current Estimated Value
$248,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,731
Avg. Annual Appreciation
7.84%
Original Mortgage
$116,844
Outstanding Balance
$93,647
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$147,187

Purchase Details

Listed on
Sep 4, 2012
Closed on
Oct 26, 2012
Sold by
Grubbs Wayne L Living and Grubbs Wayne L
Bought by
Savell Gina M
Seller's Agent
Angela Reynolds
Crye-Leike, Inc., REALTORS
Buyer's Agent
Linda Arnold
River Realty, LLC
List Price
$115,500
Sold Price
$110,000
Premium/Discount to List
-$5,500
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%

Purchase Details

Closed on
Aug 20, 2009
Sold by
Grubbs Wayne L
Bought by
Grubbs Wayne L and Wayne L Grubbs Living Trust
Source: Public Records

Range of Values:

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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
Mickaels Jesse J -- None Available
Michaels Jesse J $119,000 None Available
Savell Gina M $110,000 --
Grubbs Wayne L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michaels Jesse J $116,844
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $119,000 -4.7% $74 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
10/15/2015 10/15/15 For Sale $124,900 +13.5% $78 / Sq Ft
11/02/2012 11/02/12 Sold $110,000 -4.8% $69 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $115,500 -- $72 / 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 $1,792 $59,700 $10,125 $49,575
2024 $1,792 $52,850 $7,800 $45,050
2023 $3,219 $52,850 $7,800 $45,050
2022 $3,219 $52,850 $7,800 $45,050
2021 $3,257 $52,850 $7,800 $45,050
2020 $2,353 $32,475 $7,800 $24,675
2019 $2,353 $32,475 $7,800 $24,675
2018 $2,353 $32,475 $7,800 $24,675
2017 $1,335 $32,475 $7,800 $24,675
2016 $1,200 $27,450 $0 $0
2014 $1,200 $27,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Linda Arnold

    River Realty, LLC

    Section Image
  • Floy Blustein

    Buyer's Agent in 2016

    Floy Blustein

    J.D. Marks, Inc., REALTORS

    (901) 619-6715

    1 in this area

    6 Total Sales

    Floy Blustein
    Section Image

  • A

    Seller's Agent in 2012

    Angela Reynolds

    Crye-Leike

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9963324

Memphis Area Association of REALTORS®

APN: 06-7037-0-0071

Tennessee Shelby County Memphis 38119 Colonial Acres

5509 Lyford Ave, Memphis, TN

This home is located at 5509 Lyford Ave, Memphis, TN 38119 since 15 October 2015 and is currently estimated at $248,731, approximately $138 per square foot. This property was built in 1964. 5509 Lyford 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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