NOT LISTED FOR SALE

5548 Blossom Ln Memphis, TN 38115

Hickory Hill Neighborhood

Estimated Value: $106,000 - $143,569

3 Beds
2 Baths
1,400-1,599 Sq Ft
$81/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $89,900 $56 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $750/month

Highlights

  • Updated Kitchen
  • Main Floor Primary Bedroom
  • End Unit
  • Traditional Architecture
  • 1 Fireplace
  • Den

About This Home

As of July 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $875 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 05/21/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $704

Year Built

  • Built in 1985

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,406 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Den
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 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 S00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$704

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit, Town House
  • Detached Unit Type: General Residential
  • MLS Map #: 785A
  • MAAR Subdivision Name: HEATHER RIDGE
  • List Price Per Sq Ft: 64
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 63.94
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1406
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 1 Bath
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Equipment: Disposal, Dishwasher
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 84
  • Acreage: 0.07
  • Lot Size: 0.0772AC 27/25.71+10.77X110/107.37
  • Price Per Acre: 1284286

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 093417 S00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Jun 30, 2020
Sold by
Gonzalez Jose Enrique and Gonzalez Alicia Guadalupe
Bought by
Agrg Tn Re Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$129,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,992
Avg. Annual Appreciation
7.25%
Original Mortgage
$71,920
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2020
Sold by
Bakarski Orit
Bought by
Mephis Investments Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.3%
Mortgage Type
Unknown

Purchase Details

Listed on
Nov 1, 2016
Closed on
Mar 31, 2017
Sold by
Total Jobs And Investments Llc
Bought by
Bakarski Orit Baron
Seller's Agent
Calvin Phan
BEST Real Estate Company
Buyer's Agent
Tina Black
Assured Real Estate Services
List Price
$47,500
Sold Price
$33,500
Premium/Discount to List
-$14,000
-29.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.24%

Purchase Details

Closed on
Apr 23, 2007
Sold by
Webb Curtis Jerome
Bought by
Mack Tracii U and Webb Tracii U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,560
Interest Rate
6.1%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 10, 2007
Sold by
Mack Tracii U and Webb Tracii U
Bought by
Phan Calvin N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,560
Interest Rate
6.1%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 31, 1997
Sold by
Heather Ridge Partners
Bought by
Mack Tracii U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,553
Interest Rate
7.58%
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
Agrg Tn Re Llc -- None Available
Gonzalez Jose Enrique $89,900 Delta Title Services Llc
Mephis Investments Properties Ii Llc $40,500 Delta Title Services Llc
Bakarski Orit Baron $410,000 Nexus Title & Escrow Llc
Total Jobs And Investments Llc $33,500 Quality Title Group Llc
Mack Tracii U -- Edco Title & Closing Service
Phan Calvin N $53,200 American Title Company Inc
Mack Tracii U $64,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Jose Enrique $71,920
Previous Owner Mephis Investments Properties Ii Llc $75,000
Previous Owner Phan Calvin N $42,560
Previous Owner Mack Tracii U $63,553
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2020 07/01/20 Sold $89,900 0.0% $64 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $89,900 +168.4% $64 / Sq Ft
03/31/2017 03/31/17 Sold $33,500 -29.5% $24 / Sq Ft View Prior Sale
03/19/2017 03/19/17 Pending -- -- --
11/01/2016 11/01/16 For Sale $47,500 -- $34 / 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 $704 $32,575 $4,200 $28,375
2024 $704 $20,775 $3,000 $17,775
2023 $1,266 $20,775 $3,000 $17,775
2022 $1,266 $20,775 $3,000 $17,775
2021 $1,504 $20,775 $3,000 $17,775
2020 $1,083 $14,950 $3,000 $11,950
2019 $478 $14,950 $3,000 $11,950
2018 $478 $14,950 $3,000 $11,950
2017 $489 $14,950 $3,000 $11,950
2016 $628 $14,375 $0 $0
2014 $628 $14,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2020

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    21 in this area

    415 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2020

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    21 in this area

    432 Total Sales

    Bradley Reedy
    Section Image

  • C

    Seller's Agent in 2017

    Calvin Phan

    BEST Real Estate Company

    (901) 497-4861

    13 Total Sales

    Calvin Phan
    Section Image
  • Tina Black

    Buyer's Agent in 2017

    Tina Black

    Assured Real Estate Services

    (901) 859-1322

    2 in this area

    20 Total Sales

    Tina Black
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10077024

Memphis Area Association of REALTORS®

APN: 09-3417-S0-0011

Tennessee Shelby County Memphis 38115 Hickory Hill

5548 Blossom Ln, Memphis, TN

This home is located at 5548 Blossom Ln, Memphis, TN 38115 since 21 May 2020 and is currently estimated at $129,892, approximately $81 per square foot. This property was built in 1985. 5548 Blossom Ln 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.

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