NOT LISTED FOR SALE

5551 Wagon Road Gap Memphis, TN 38134

Raleigh Neighborhood

Estimated Value: $226,000 - $263,000

4 Beds
2.5 Baths
2,000-2,199 Sq Ft
$112/Sq Ft Est. Value

Last Sold April 05, 2022

Last sale price $235,000 $107 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,421/month

Highlights

  • Deck
  • Attic
  • Den with Fireplace
  • Traditional Architecture
  • Separate Formal Living Room
  • Separate Outdoor Workshop

About This Home

As of April 2022

Well kept home! Sits on a shaded 85 X 150 lot with beautiful trees, patio, wired work shop, very private serene backyard. Roof approx 4 yrs old, HVAC only 7 years old and hot water heater approx 4 yrs old. Kitchen with counter tops and backsplash updated, painted cabinets and new light fixtures throughout! Vinyl water proof laminate floors that looks like hardwood downstairs and extra padded carpet upstairs! This home won't last long. Home being sold "as is"

Last Agent to Sell the Property

Tyrone Lockett

KAIZEN Realty, LLC License #261841 Listed on: 03/01/2022

KAIZEN Realty, LLC

Last Buyer's Agent

Nash Hassen

Grand Point Realty, LLC License #310858

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1973

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 85x150
  • Wood Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,093 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Storage Room
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet

Home Security

  • Home Security System
  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Blue Ridge Park 1 St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 088047 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,412

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 735C
  • MAAR Subdivision Name: BLUE RIDGE PARK 1ST ADD
  • List Price Per Sq Ft: 105
  • Number Of Stories: 2
  • Price Per Sq Ft: 112.28
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2093
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, 1 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Half Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Carpet
  • Bedroom 3 Description: Carpet
  • Bedroom 4 Description: Carpet
  • Bedrooms: 4
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry
  • Misc Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Walk-In Attic, Cat/Dog Free House, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 2.1
  • P R I M A R Y B E D R O O M: Walk-In Closet, Carpet

Exterior Features

  • Misc Exterior: Storage Building, Patio, Deck, Wood Fence, Workshop
  • Exterior Windows: Brick Veneer, Vinyl Siding, Storm Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2A
  • Parking Storage: Storage Room(s), Workshop(s), Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Smoke Detector(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Wood Fenced
  • Lot Number: 23
  • Acreage: 0.29
  • Lot Size: 85X150
  • Price Per Acre: 758621

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 088047 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
Mar 31, 2022
Sold by
Louise Pipkin Mary and Louise James
Bought by
Hossain Muhammad Belal and Shimo Marjiyea
Seller's Agent
Tyrone Lockett
KAIZEN Realty, LLC
Buyer's Agent
Nash Hassen
Grand Point Realty, LLC
List Price
$220,000
Sold Price
$235,000
Premium/Discount to List
$15,000
6.82%
Current Estimated Value
$245,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,583
Avg. Annual Appreciation
1.26%
Original Mortgage
$191,765
Outstanding Balance
$180,905
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$64,678

Purchase Details

Listed on
Jun 27, 2018
Closed on
Aug 13, 2018
Sold by
Russell Krenn E
Bought by
Pipkin Mary and Pipkin James
Seller's Agent
Peggy Holley
KAIZEN Realty, LLC
Buyer's Agent
Tyrone Lockett
KAIZEN Realty, LLC
List Price
$139,900
Sold Price
$145,000
Premium/Discount to List
$5,100
3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.02%
Original Mortgage
$142,373
Interest Rate
4.59%

Purchase Details

Closed on
Aug 30, 2000
Sold by
Page Reace W and Page Judith A
Bought by
Krenn E Rusell and Krenn Cathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,938
Interest Rate
8.24%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Hossain Muhammad Belal $250,000 Saddle Creek Title
Pipkin Mary $145,000 --
Krenn E Rusell $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hossain Muhammad Belal $191,765
Previous Owner Pipkin Mary $142,373
Previous Owner Pipkin Mary --
Previous Owner Krenn E Rusell $121,938
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2022 04/05/22 Sold $235,000 +6.8% $118 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $220,000 +51.7% $110 / Sq Ft
08/01/2018 08/01/18 Sold $145,000 +3.6% $73 / Sq Ft View Prior Sale
06/27/2018 06/27/18 For Sale $139,900 -- $70 / 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 $1,412 $55,900 $6,250 $49,650
2024 $1,412 $41,650 $5,000 $36,650
2023 $2,537 $41,650 $5,000 $36,650
2022 $2,537 $41,650 $5,000 $36,650
2021 $1,437 $41,650 $5,000 $36,650
2020 $1,730 $23,875 $5,000 $18,875
2019 $763 $23,875 $5,000 $18,875
2018 $763 $23,875 $5,000 $18,875
2017 $781 $23,875 $5,000 $18,875
2016 $967 $22,125 $0 $0
2014 $967 $22,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tyrone Lockett

    KAIZEN Realty, LLC

    Section Image
  • Nash Hassen

    Buyer's Agent in 2022

    Nash Hassen

    Grand Point Realty, LLC

    (901) 922-5855

    3 in this area

    18 Total Sales

    Nash Hassen
    Section Image

  • P

    Seller's Agent in 2018

    Peggy Holley

    KAIZEN Realty, LLC

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10118537

Memphis Area Association of REALTORS®

APN: 08-8047-0-0005

Tennessee Shelby County Memphis 38134 Raleigh

5551 Wagon Road Gap, Memphis, TN

This home is located at 5551 Wagon Road Gap, Memphis, TN 38134 since 01 March 2022 and is currently estimated at $245,583, approximately $111 per square foot. This property was built in 1973. 5551 Wagon Road Gap is a home located in Shelby County with nearby schools including Shelby Oaks Elementary School, Kingsbury High School, and Kate Bond Middle School.

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