NOT LISTED FOR SALE

5539 Crepe Myrtle Dr Memphis, TN 38115

Hickory Hill Neighborhood

Estimated Value: $109,000 - $125,126

3 Beds
2 Baths
1,400-1,599 Sq Ft
$73/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $90,000 $56 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $679/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • 2 Fireplaces
  • Partially Carpeted

About This Home

As of June 2021

Excellent investment opportunity. Professionally managed, brick home with a great tenant. DO NOT DISTURB. Rents for $950 Tenant occupied. No showings without an accepted contract. Bulk sale possible: 10097452 & 10097454

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 04/19/2021

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

William Haynes

Crye-Leike, Inc., REALTORS License #355990

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $675

Year Built

  • Built in 1985

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 28x110
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,463 Sq Ft Home
  • 1.5-Story Property
  • 2 Fireplaces
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Heather Ridge Pud Outline Plan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093417 S00045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$675

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 785A
  • MAAR Subdivision Name: HEATHER RIDGE
  • List Price Per Sq Ft: 68
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 61.52
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1463
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Pantry
  • Number Of Fireplaces: 2
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 118
  • Acreage: 0.07
  • Lot Size: 28X110
  • Price Per Acre: 1428571

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 093417 S00045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2021
Sold by
Espinal Juan M and Luciano Aracelis Y
Bought by
A & J Investments Llc
Current Estimated Value
$117,032

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jun 4, 2021
Sold by
Or Yair and Meriwether Lauren M
Bought by
Espinal Juan M and Luciano Aracelis Y
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
William Haynes
Crye-Leike, Inc., REALTORS
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$67,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2018
Sold by
Sapir Dalia
Bought by
Herskovitz Biniamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.66%

Purchase Details

Listed on
Nov 12, 2015
Closed on
May 11, 2016
Sold by
Reinvestment Company Llc
Bought by
Sapir Dalia
Seller's Agent
Shorty Watkins
River Oaks, Inc.
Buyer's Agent
Eric Crutcher
Doorstep Realty
List Price
$49,900
Sold Price
$30,500
Premium/Discount to List
-$19,400
-38.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.36%

Purchase Details

Listed on
Nov 12, 2015
Closed on
Apr 6, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Reinvestment Company Llc
Seller's Agent
Shorty Watkins
River Oaks, Inc.
Buyer's Agent
Eric Crutcher
Doorstep Realty
List Price
$49,900
Sold Price
$30,500
Premium/Discount to List
-$19,400
-38.88%

Purchase Details

Closed on
Aug 21, 2015
Sold by
Oliver Crystal J and Oliver Derrick D
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 18, 2006
Sold by
Washington Mutual Bank
Bought by
Oliver Crystal J and Oliver Derrick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,900
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2006
Sold by
Huley Nephetiria P
Bought by
Washington Mutual Bank and Long Beach Mortgage Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,900
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2004
Sold by
Neely Christopher D
Bought by
Huley Nephetiria P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 1997
Sold by
Heather Ridge Partners
Bought by
Neely Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
7.91%
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
A & J Investments Llc -- Memphis Title Co
Espinal Juan M $90,000 Memphis Title Company
Herskovitz Biniamin $62,000 --
Sapir Dalia $37,500 Nexus Title & Escrow Llc
Reinvestment Company Llc $30,500 Nexus Title & Escrow
Federal Home Loan Mortgage Corporation $18,054 Attorney
Oliver Crystal J $49,900 Resource Title Agency Of Tn
Washington Mutual Bank $60,309 None Available
Huley Nephetiria P $72,000 Equity Title & Escrow Co
Neely Christopher D $65,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Espinal Juan M $67,500
Previous Owner Herskovitz Biniamin --
Previous Owner Oliver Crystal J $49,900
Previous Owner Huley Nephetiria P $57,600
Previous Owner Neely Christopher D $63,900
Closed Huley Nephetiria P $14,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2021 06/04/21 Sold $90,000 -10.0% $64 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $100,000 +227.9% $71 / Sq Ft
05/11/2016 05/11/16 Sold $30,500 -38.9% $22 / Sq Ft View Prior Sale
05/04/2016 05/04/16 Pending -- -- --
11/12/2015 11/12/15 For Sale $49,900 -- $36 / 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 $675 $32,075 $4,200 $27,875
2024 $675 $19,925 $3,000 $16,925
2023 $1,214 $19,925 $3,000 $16,925
2022 $1,214 $19,925 $3,000 $16,925
2021 $1,245 $17,200 $3,000 $14,200
2020 $1,076 $14,850 $3,000 $11,850
2019 $475 $14,850 $3,000 $11,850
2018 $475 $14,850 $3,000 $11,850
2017 $486 $14,850 $3,000 $11,850
2016 $625 $14,300 $0 $0
2014 $625 $14,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2021

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    26 in this area

    1,206 Total Sales

    Tyler Tapley
    Section Image
  • William Haynes

    Buyer's Agent in 2021

    William Haynes

    Crye-Leike, Inc., REALTORS

    (865) 454-1124

    2 in this area

    261 Total Sales

    William Haynes
    Section Image

  • S

    Seller's Agent in 2016

    Shorty Watkins

    River Oaks, Inc.

    Section Image
  • Eric Crutcher

    Buyer's Agent in 2016

    Eric Crutcher

    Doorstep Realty

    (901) 212-2414

    6 in this area

    99 Total Sales

    Eric Crutcher
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10097452

Memphis Area Association of REALTORS®

APN: 09-3417-S0-0045

Tennessee Shelby County Memphis 38115 Hickory Hill

5539 Crepe Myrtle Dr, Memphis, TN

This home is located at 5539 Crepe Myrtle Dr, Memphis, TN 38115 since 19 April 2021 and is currently estimated at $117,032, approximately $73 per square foot. This property was built in 1985. 5539 Crepe Myrtle Dr is a home located in Shelby County with nearby schools including Hickory Ridge Elementary School, Wooddale High School, and Compass Community School Hickory Hill Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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