NOT LISTED FOR SALE

5513 Lake Branch Cove Memphis, TN 38109

Whitehaven Neighborhood

Estimated Value: $280,000 - $348,000

4 Beds
2.5 Baths
3,000-3,199 Sq Ft
$98/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $212,000 $66 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,859/month

9 Days on Market

Highlights

  • Two Primary Bedrooms
  • Landscaped Professionally
  • Traditional Architecture
  • Sitting Area In Primary Bedroom
  • Vaulted Ceiling
  • Whirlpool Bathtub

About This Home

As of May 2017

Spacious and open with vaulted ceilings in great room and cathedral ceiling in dining. Large Master bedroom with separate sitting room. Beautiful large back yard. Quiet neighborhood not far from shopping, hospital or interstate. Lake for fishing for the homeowners Only. No sign on property.

Last Agent to Sell the Property

Shirley Thornton

The Peyton Co., Inc., REALTORS License #208111 Listed on: 04/03/2017

Last Buyer's Agent

Bernie Klein

KAIZEN Realty, LLC License #332584

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,944

Year Built

  • Built in 2004

Lot Details

  • 0.31 Acre Lot
  • Landscaped Professionally
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,085 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Great Room
  • Dining Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Cove
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • Southern Heights Phase 5 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 076145 E00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,944

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 766B
  • MAAR Subdivision Name: SOUTHERN HEIGHTS PH5
  • List Price Per Sq Ft: 69
  • Number Of Stories: 2
  • Price Per Sq Ft: 68.72
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3085
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down, Vaulted/Coffered Primary, Two Primaries, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Floors/Ceilings: Smooth Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Island In Kitchen
  • Total Bathrooms: 2.1
  • P R I M A R Y B E D R O O M: Walk-In Closet, Full Bath, Sitting Area, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s)

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Cove, Professionally Landscaped
  • Lot Number: 98
  • Acreage: 0.31
  • Lot Size: 35.64 X 143.36 (IRR)
  • Price Per Acre: 683871

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 076145 E00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2017
Closed on
May 26, 2017
Sold by
Spight Betty S and Spight Willie F
Bought by
Paterson Albert and Paterson Natasha
Seller's Agent
Shirley Thornton
The Peyton Co., Inc., REALTORS
Buyer's Agent
Bernie Klein
KAIZEN Realty, LLC
List Price
$225,000
Sold Price
$212,000
Premium/Discount to List
-$13,000
-5.78%
Current Estimated Value
$312,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,141
Avg. Annual Appreciation
5.11%
Original Mortgage
$208,160
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 2005
Sold by
Faxongillis Homes Inc
Bought by
Spight Willie F and Spight Betty S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,485
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 19, 2004
Sold by
Legacy Land Development Llc
Bought by
Faxon Gillis Homes Inc
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
Paterson Albert $232,000 Saddle Creek Title Llc
Spight Willie F $231,650 --
Faxon Gillis Homes Inc $177,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Albert $5,250
Open Patterson Albert $206,911
Closed Patterson Albert $207,565
Closed Patterson Albert $208,580
Closed Paterson Albert $208,160
Previous Owner Spight Betty S $212,250
Previous Owner Spight Willie F $208,485
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $212,000 -5.8% $71 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $225,000 -- $75 / 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 $1,944 $72,700 $8,500 $64,200
2024 $1,944 $57,350 $7,500 $49,850
2023 $3,494 $57,350 $7,500 $49,850
2022 $3,494 $57,350 $7,500 $49,850
2021 $3,535 $57,350 $7,500 $49,850
2020 $3,748 $51,725 $6,125 $45,600
2019 $3,748 $51,725 $6,125 $45,600
2018 $3,748 $51,725 $6,125 $45,600
2017 $2,126 $51,725 $6,125 $45,600
2016 $2,011 $46,025 $0 $0
2014 $2,011 $46,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Shirley Thornton

    The Peyton Co., Inc., REALTORS

    Section Image

  • B

    Buyer's Agent in 2017

    Bernie Klein

    KAIZEN Realty, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9999159

Memphis Area Association of REALTORS®

APN: 07-6145-E0-0005

Tennessee Shelby County Memphis 38109 Whitehaven

5513 Lake Branch Cove, Memphis, TN

This home is located at 5513 Lake Branch Cove, Memphis, TN 38109 since 03 April 2017 and is currently estimated at $312,141, approximately $97 per square foot. This property was built in 2004. 5513 Lake Branch Cove is a home located in Shelby County with nearby schools including Geeter School, Freedom Preparatory Academy - Flagship Middle School, and Fairley High School.

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