NOT LISTED FOR SALE

5551 Blossom Ln Memphis, TN 38115

Hickory Hill Neighborhood

Estimated Value: $82,000 - $118,663

3 Beds
2 Baths
1,400-1,599 Sq Ft
$66/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $85,000 $53 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $647/month

87 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Separate Formal Living Room
  • Wood Flooring
  • 1 Fireplace
  • Corner Lot

About This Home

As of February 2024

GREAT INVESTMENT OPPORTUNITY! TEANTS PAY $900 A MONTH. DO NOT DISTURB TENANTS, DRIVE BYS ONLY! Lease expires beginning of 2024. House needs minor touch ups! Call listing agent for Appointments.

Last Agent to Sell the Property

Mahmoud 'Mac' El-Aina

Pinnacle Realty License #352258 Listed on: 09/27/2023

Last Buyer's Agent

Tony Lavelle

BHHS McLemore & Co. Realty License #371984

BHHS McLemore & Co. Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 27x110
  • Corner Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,516 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 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 S00019

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MLS Map #: 785A
  • MAAR Subdivision Name: HEATHER RIDGE
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 56.07
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1516
  • Year Built: 1986
  • List Price/ Sq Ft: 57
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Hardwood Throughout, Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Corner
  • Lot Number: 92
  • Acreage: 0.06
  • Lot Size: 27X110
  • Price Per Acre: 1450000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 093417 S00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Feb 1, 2024
Sold by
Torgerson James
Bought by
Comfyhome45 Llc
Seller's Agent
Mahmoud 'Mac' El-Aina
Pinnacle Realty
Buyer's Agent
Tony Lavelle
BHHS McLemore & Co. Realty
List Price
$87,000
Sold Price
$85,000
Premium/Discount to List
-$2,000
-2.3%
Views
344
Current Estimated Value
$104,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,916
Avg. Annual Appreciation
13.88%
Original Mortgage
$97,050
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2022
Closed on
Aug 19, 2022
Sold by
Aj Financial Solutions Ltd Inc
Bought by
Torgerson James
Seller's Agent
Kiara Bridges
J Hunter Realty
Buyer's Agent
Mahmoud 'Mac' El-Aina
Pinnacle Realty
List Price
$90,000
Sold Price
$80,000
Premium/Discount to List
-$10,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%

Purchase Details

Listed on
May 5, 2022
Closed on
Aug 5, 2022
Sold by
Jim Coleman Jr and Jim Kysha
Bought by
Aj Financial Solutions Ltd
Seller's Agent
Kiara Bridges
J Hunter Realty
Buyer's Agent
Mahmoud 'Mac' El-Aina
Pinnacle Realty
List Price
$90,000
Sold Price
$80,000
Premium/Discount to List
-$10,000
-11.11%

Purchase Details

Closed on
Mar 26, 2008
Sold by
Us Bank Na
Bought by
Coleman Jim and Coleman Kysha

Purchase Details

Closed on
Sep 13, 2007
Sold by
Williams Whitney B
Bought by
Us Bank Na and Mlmi Surf Trust Series 2006-Ab1

Purchase Details

Closed on
Sep 18, 2006
Sold by
Williams Whitney
Bought by
Turnage Ivory

Purchase Details

Closed on
Feb 20, 2004
Sold by
Reid Karen D
Bought by
Hud

Purchase Details

Closed on
Dec 13, 1996
Sold by
Heather Ridge Partners
Bought by
Reid Karen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,966
Interest Rate
7.77%
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
Comfyhome45 Llc $85,000 Edco Title & Closing Services
Torgerson James -- Apperson Crump Plc
Aj Financial Solutions Ltd $80,000 Preferred Title & Escrow
Coleman Jim $33,250 Us Land Title Llc
Us Bank Na $35,930 None Available
Turnage Ivory -- None Available
Hud $78,748 --
Reid Karen D $64,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Comfyhome45 Llc $97,050
Previous Owner Reid Karen D $64,966
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2024 02/22/24 Sold $85,000 -2.3% $61 / Sq Ft
09/27/2023 09/27/23 For Sale $87,000 +8.8% $62 / Sq Ft
08/05/2022 08/05/22 Sold $80,000 -11.1% $57 / Sq Ft View Prior Sale
05/05/2022 05/05/22 For Sale $90,000 -- $64 / 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 -- $28,125 $4,200 $23,925
2024 -- $17,250 $3,000 $14,250
2023 $1,051 $17,250 $3,000 $14,250
2022 $1,051 $17,250 $3,000 $14,250
2021 $595 $17,250 $3,000 $14,250
2020 $1,085 $14,975 $3,000 $11,975
2019 $479 $14,975 $3,000 $11,975
2018 $479 $14,975 $3,000 $11,975
2017 $490 $14,975 $3,000 $11,975
2016 $629 $14,400 $0 $0
2014 $629 $14,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mahmoud 'Mac' El-Aina

    Seller's Agent in 2024

    Mahmoud 'Mac' El-Aina

    Pinnacle Realty

    (901) 264-2640

    4 in this area

    21 Total Sales

    Mahmoud 'Mac' El-Aina
    Section Image
  • Tony Lavelle

    Buyer's Agent in 2024

    Tony Lavelle

    BHHS McLemore & Co. Realty

    (901) 645-1057

    2 in this area

    37 Total Sales

    Tony Lavelle
    Section Image
  • Kiara Bridges

    Seller's Agent in 2022

    Kiara Bridges

    J Hunter Realty

    (901) 359-1479

    5 in this area

    35 Total Sales

    Kiara Bridges
    Section Image

  • S

    Seller Co-Listing Agent in 2022

    Stacy Hobson

    J Hunter Realty

    (901) 483-0412

    6 in this area

    112 Total Sales

    Stacy Hobson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10157667

Memphis Area Association of REALTORS®

APN: 09-3417-S0-0019

Tennessee Shelby County Memphis 38115 Hickory Hill

5551 Blossom Ln, Memphis, TN

This home is located at 5551 Blossom Ln, Memphis, TN 38115 since 27 September 2023 and is currently estimated at $104,916, approximately $65 per square foot. This property was built in 1986. 5551 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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