NOT LISTED FOR SALE

5521 Shady Grove Rd Memphis, TN 38120

Audubon Park Neighborhood

Estimated Value: $707,000 - $1,097,475

1.11 Acres
$849,392 Price per Acre
48,352 Sq Ft Lot

Last Sold October 23, 2015

Last sale price $225,000

Est. 319% increase in value since last sale

Current estimated payment $5,575/month

Highlights

  • 1.11 Acre Lot
  • White Station Middle Rated A-
  • Level Lot

About This Lot

As of October 2015

Prime East Memphis 1+ acre lot. Opportunity for Daylight basement.

Last Agent to Sell the Property

Jimmy Reed

Marx-Bensdorf, REALTORS License #205881 Listed on: 10/27/2014

Last Buyer's Agent

Jimmy Reed

Marx-Bensdorf, REALTORS License #205881 Listed on: 10/27/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,907

Lot Details

  • 1.11 Acre Lot
  • Level Lot

Property Details

Property Type

Land

Est. Annual Taxes

$6,907

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • MLS Map #: 7820
  • MAAR Subdivision Name: Shady Grove Road Acres
  • Price Per Sq Ft: 202702.7
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Public Sewer

Association/Amenities

  • Uses Of Adjacent Area: Residential

Lot Info

  • Acreage: 1.11
  • Lot Size: 1.11 acres
  • Price Per Acre: 243153
  • Zoning: reside
  • Improvements: Curbs and Gutters, Sidewalk
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2014
Closed on
Oct 23, 2015
Sold by
Parker Toby and Parker Naava
Bought by
Thomas Naftali
Seller's Agent
Jimmy Reed
Marx-Bensdorf, REALTORS
Buyer's Agent
Jimmy Reed
Marx-Bensdorf, REALTORS
List Price
$269,900
Sold Price
$225,000
Premium/Discount to List
-$44,900
-16.64%
Current Estimated Value
$942,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$717,825
Avg. Annual Appreciation
14.39%
Original Mortgage
$165,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2009
Sold by
Sorin Julie Parker
Bought by
Parker Toby and Parker Naava

Purchase Details

Closed on
Aug 22, 2006
Sold by
Kasselberg Alfred G and Poag Chloee K
Bought by
Parker Julie

Purchase Details

Closed on
Sep 29, 2004
Sold by
Kasselberg Mary Love
Bought by
Kasselberg Lyman A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Thomas Naftali $225,000 Attorney
Parker Toby $250,000 Attorney
Parker Julie $618,000 Ltic
Kasselberg Lyman A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Thomas Naftali $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2015 10/23/15 Sold $225,000 -16.6% --
09/09/2015 09/09/15 Pending -- -- --
10/27/2014 10/27/14 For Sale $269,900 -- --
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 $6,907 $253,625 $47,400 $206,225
2024 $6,907 $203,750 $69,250 $134,500
2023 $13,648 $240,225 $69,250 $170,975
2022 $12,412 $203,750 $69,250 $134,500
2021 $12,557 $203,750 $69,250 $134,500
2020 $15,179 $209,475 $69,250 $140,225
2019 $17,269 $238,325 $69,250 $169,075
2018 $9,725 $101,250 $69,250 $32,000
2017 $3,416 $83,125 $83,125 $0
2016 $3,633 $83,125 $0 $0
2014 $3,633 $83,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Reed

    Seller's Agent in 2015

    Jimmy Reed

    Marx-Bensdorf, REALTORS

    (901) 461-1868

    31 in this area

    135 Total Sales

    Jimmy Reed
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9938876

Memphis Area Association of REALTORS®

APN: 06-8034-0-0008

Tennessee Shelby County Memphis 38120 Audubon Park

5521 Shady Grove Rd, Memphis, TN

This home is located at 5521 Shady Grove Rd, Memphis, TN 38120 since 27 October 2014 and is currently estimated at $942,825. 5521 Shady Grove Rd is a home located in Shelby County with nearby schools including White Station Elementary School, White Station Middle, and White Station High.

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