NOT LISTED FOR SALE

5541 Forsyth Dr Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $160,000 - $190,000

3 Beds
2 Baths
1,664 Sq Ft
$109/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $115,000 $69 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,045/month

3 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Tile Flooring
  • No HOA
  • Cooling Available
  • 4-minute walk to Wilson Park

About This Home

As of February 2020

Must see this 3brs, 2baths, Den, Formal LR & DR, Beautiful Hardwood Floors throughout , New Paint 2020, Cabinets, brick and more. Across from Fox Meadows Golf Course, Elementary and Wilson Park.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,545

Year Built

  • Built in 1963

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 1,664 Sq Ft Home
  • Property has 3 Levels
  • Den with Fireplace
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Fox Meadows Blk C Subdivision

Listing and Financial Details

  • Tax Lot 303
  • Assessor Parcel Number 074078 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,545

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1963
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal
  • Fireplace Features: Den
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area: 1664
  • Living Area Units: Square Feet

Exterior Features

  • Foundation Details: Slab
  • Other Structures: Storage
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Garage Faces Front, Attached
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Natural Gas Available, Water Available, Cable Connected

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Doors

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size: 303
  • Lot Size Units: Acres
  • Parcel #: 074078 00002

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1545
  • Tax Lot: 303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2020
Closed on
Feb 24, 2020
Sold by
Current James A
Bought by
Sims Shenika Maxine
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%
Current Estimated Value
$180,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,676
Avg. Annual Appreciation
8.39%
Original Mortgage
$112,917
Outstanding Balance
$102,009
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$78,667

Purchase Details

Closed on
Jan 31, 2005
Sold by
Pollock James S
Bought by
Current James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,038
Interest Rate
5.66%
Mortgage Type
FHA
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
Sims Shenika Maxine $115,000 Regency Title & Escrow Llc
Current James A $109,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sims Shenika Maxine $112,917
Previous Owner Current James A $109,038
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2020 02/24/20 Sold $115,000 -4.2% $69 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
01/12/2020 01/12/20 For Sale $120,000 -- $72 / Sq Ft
Source: Realtracs

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 $1,009 $42,650 $5,825 $36,825
2024 $1,009 $29,750 $5,075 $24,675
2023 $1,812 $29,750 $5,075 $24,675
2022 $1,812 $29,750 $5,075 $24,675
2021 $1,834 $29,750 $5,075 $24,675
2020 $1,494 $20,625 $5,075 $15,550
2019 $659 $20,625 $5,075 $15,550
2018 $659 $20,625 $5,075 $15,550
2017 $675 $20,625 $5,075 $15,550
2016 $869 $19,875 $0 $0
2014 $869 $19,875 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3010512

Realtracs

APN: 07-4078-0-0002

Tennessee Shelby County Memphis 38115 Fox Meadows

5541 Forsyth Dr, Memphis, TN

This home is located at 5541 Forsyth Dr, Memphis, TN 38115 since 12 January 2020 and is currently estimated at $180,676, approximately $108 per square foot. This property was built in 1963. 5541 Forsyth Dr is a home located in Shelby County with nearby schools including Fox Meadows Elementary School, Wooddale High School, and Cornerstone Prep School.

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