NOT LISTED FOR SALE

5559 Fannin Ave Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $206,000 - $221,000

4 Beds
2 Baths
2,000-2,199 Sq Ft
$98/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $148,900 $68 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,256/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Living Room
  • Traditional Architecture
  • Some Wood Windows
  • Tile Flooring

About This Home

As of September 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $1325 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: 07/08/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,362

Year Built

  • Built in 1967

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 80x150
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,146 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Living Room
  • Dining Room
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System

Community Details

  • Fox Meadows Blk D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074076 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,362

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 784B
  • MAAR Subdivision Name: FOX MEADOWS BLK D
  • List Price Per Sq Ft: 69
  • Number Of Stories: 1
  • Price Per Sq Ft: 69.38
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2146
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 1
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • 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

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 43
  • Acreage: 0.27
  • Lot Size: 80X150
  • Price Per Acre: 551481

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 074076 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2024
Sold by
Mendoza Ii Living Trust and Mendoza Abraham
Bought by
Villa Vino Llc
Current Estimated Value
$214,641

Purchase Details

Listed on
Jul 8, 2020
Closed on
Sep 2, 2020
Sold by
Memphis Investments Properties Ii Llc
Bought by
Mendoza Abraham and Mendoza Lindsey Michelle
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$148,900
Sold Price
$148,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$119,120
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2019
Sold by
Cumberland Trust & Investment Company
Bought by
Commercial Bank & Trust and The Marjorie W Durham Family Trust

Purchase Details

Closed on
Mar 15, 2019
Sold by
Cumberland Trust & Investment Company
Bought by
Cumberland Trust & Investment Company and Marjorie W Durham Living Trust
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
Villa Vino Llc -- Home Surety Title
Mendoza Abraham $148,900 Delta Tit Services Llc
Commercial Bank & Trust -- None Available
Cumberland Trust & Investment Company -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendoza Abraham $119,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2020 09/03/20 Sold $148,900 0.0% $74 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $148,900 -- $74 / 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 $1,362 $60,275 $5,825 $54,450
2024 $1,362 $40,175 $5,075 $35,100
2023 $2,447 $40,175 $5,075 $35,100
2022 $2,447 $40,175 $5,075 $35,100
2021 $1,386 $40,175 $5,075 $35,100
2020 $1,790 $24,700 $5,075 $19,625
2019 $789 $24,700 $5,075 $19,625
2018 $789 $24,700 $5,075 $19,625
2017 $808 $24,700 $5,075 $19,625
2016 $1,035 $23,675 $0 $0
2014 $1,035 $23,675 $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

    3 in this area

    414 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2020

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    3 in this area

    431 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10080236

Memphis Area Association of REALTORS®

APN: 07-4076-0-0013

Tennessee Shelby County Memphis 38115 Fox Meadows

5559 Fannin Ave, Memphis, TN

This home is located at 5559 Fannin Ave, Memphis, TN 38115 since 08 July 2020 and is currently estimated at $214,641, approximately $97 per square foot. This property was built in 1967. 5559 Fannin Ave is a home located in Shelby County with nearby schools including Fox Meadows Elementary School, Wooddale High School, and Compass Community School Hickory Hill Campus.

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