NOT LISTED FOR SALE

5542 Patsy Cir W Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $301,000 - $342,000

4 Beds
2 Baths
2,400-2,599 Sq Ft
$125/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $320,000 $123 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,849/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Whirlpool Bathtub
  • Separate Formal Living Room
  • Main Floor Primary Bedroom
  • 1 Fireplace
  • Brick Veneer

About This Home

As of June 2023

Catch this beautiful and completely renovated home before it's gone! 3BR/2BA plus bonus or 4th BR, sunroom, great room with fireplace, dining room, eat-in kitchen, and all new appliances, large backyard. County taxes only!

Last Agent to Sell the Property

Ginia Williams

Centric Realty LLC License #361226 Listed on: 05/11/2023

Last Buyer's Agent

Princess Parker

Crye-Leike, Inc., REALTORS License #336790

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1994

Lot Details

  • 10,019

Home Design

  • Traditional Architecture
  • Property Attached
  • Brick Veneer

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,500 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Laminate Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Additional Features

  • Wood Fence
  • Ground Level
  • Central Heating and Cooling System

Community Details

  • South Oak Pd Phase 2 Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SOUTH OAK PD PHASE 2
  • List Price Per Sq Ft: 120
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2500
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Washer/Dryer Connections
  • Number Of Fireplaces: 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Wood Fenced
  • Lot Size: 10000SF 80X125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 13, 2023
Sold by
Reyes Isabel
Bought by
Keen Dominique Latorsha and Keen Xavier Quierre
Seller's Agent
Ginia Williams
Centric Realty LLC
Buyer's Agent
Princess Parker
Crye-Leike, Inc., REALTORS
List Price
$299,900
Sold Price
$320,000
Premium/Discount to List
$20,100
6.7%
Views
95
Current Estimated Value
$325,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,481
Avg. Annual Appreciation
0.67%
Original Mortgage
$314,204
Outstanding Balance
$305,131
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$20,350

Purchase Details

Closed on
Jul 14, 2008
Sold by
Magana Jose L
Bought by
Magana Isabel A

Purchase Details

Closed on
Aug 24, 2001
Sold by
Williams Farlon K and Williams Tonya L
Bought by
Magana Jose L and Magana Isabel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,405
Interest Rate
7.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Keen Dominique Latorsha $320,000 Realty Title
Magana Isabel A -- None Available
Magana Jose L $149,900 Security Title Co
Magana Jose L $149,900 Security Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keen Dominique Latorsha $314,204
Previous Owner Magana Jose L $142,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2023 06/13/23 Sold $320,000 +6.7% $133 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $299,900 -- $125 / 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 $1,725 $89,325 $12,975 $76,350
2024 $1,725 $50,875 $6,750 $44,125
2023 $1,725 $50,875 $6,750 $44,125
2022 $1,725 $50,875 $6,750 $44,125
2021 $1,755 $50,875 $6,750 $44,125
2020 $1,551 $38,300 $6,750 $31,550
2019 $1,551 $38,300 $6,750 $31,550
2018 $1,551 $38,300 $6,750 $31,550
2017 $1,574 $38,300 $6,750 $31,550
2016 $1,497 $34,250 $0 $0
2014 $1,497 $34,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ginia Williams

    Seller's Agent in 2023

    Ginia Williams

    Centric Realty LLC

    (901) 267-7867

    6 in this area

    50 Total Sales

    Ginia Williams
    Section Image
  • Princess Parker

    Buyer's Agent in 2023

    Princess Parker

    Crye-Leike

    (901) 238-1566

    10 in this area

    78 Total Sales

    Princess Parker
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10147765

Memphis Area Association of REALTORS®

APN: D0-255B-A0-0078

Tennessee Shelby County Memphis 38125 Southern Shelby County

5542 Patsy Cir W, Memphis, TN

Not Listed for Sale

MultiFamily

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