NOT LISTED FOR SALE

5559 Rust Rd Memphis, TN 38127

Estimated Value: $242,000 - $310,000

3 Beds
2 Baths
1,944 Sq Ft
$134/Sq Ft Est. Value

Last Sold July 06, 2012

Last sale price $174,000 $90 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,505/month

Highlights

  • Traditional Architecture
  • Great Room
  • Some Wood Windows
  • Corner Lot
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of July 2012

Located on an almost 2ac corner lot is a 3Bd,2Ba brick ranch w/beautifully treed lawn&landscaping.You will love this 1 level,split plan,real fireplace&exposed beams in fam rm.New-looking berber carpet.Eat in kit,Cvd Patio,Iron Fenc,30x12wkshp,2car gar.

Last Agent to Sell the Property

Mary Ann Tapp

Crye-Leike, Inc., REALTORS License #236379 Listed on: 12/05/2009

Last Buyer's Agent

Pat Harrison

C21 Maselle & Associates License #244164

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,696

Year Built

  • Built in 1980

Lot Details

  • 1.97 Acre Lot
  • Wrought Iron Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,944 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Den with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Monitored
  • Iron Doors

Parking

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

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Tank

Community Details

  • James & Mary Bailey Re Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0135 00270

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,696

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: FITE
  • MAAR Subdivision Name: JAMES & MARY BAILEY
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1944
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Split Bedroom Plan
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Carpet, Tile, Sprayed Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Microwave
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Security System, Monitored Alarm
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Primary Bathroom Description: Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Covered Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Workshop(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric
  • Water Sewer: Gas Water Heater, Public Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Level, Corner, Landscaped, Iron Fenced
  • Lot Number: 1
  • Acreage: 1.97
  • Lot Size: 282.61/287.5 X 289.8/313.25

Tax Info

  • Assessor Parcel Number: D0135 00270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2009
Closed on
Jul 6, 2012
Sold by
Medlock Allen
Bought by
Reynolds Jacoby Tobias
Seller's Agent
Mary Ann Tapp
Crye-Leike, Inc., REALTORS
Buyer's Agent
Pat Harrison
C21 Maselle & Associates
List Price
$179,900
Sold Price
$174,000
Premium/Discount to List
-$5,900
-3.28%
Current Estimated Value
$260,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,561
Avg. Annual Appreciation
3.08%
Original Mortgage
$139,000
Outstanding Balance
$96,358
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$164,203

Purchase Details

Closed on
Feb 18, 2000
Sold by
Johnston W D and Johnston Jean
Bought by
Westhouse Christopher and Westhouse Lila P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,040
Interest Rate
8.21%
Mortgage Type
VA
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
Reynolds Jacoby Tobias $174,000 Edco Title & Closing Service
Westhouse Christopher $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Jacoby Tobias $139,000
Previous Owner Westhouse Christopher $155,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2012 07/06/12 Sold $174,000 -3.3% $90 / Sq Ft
06/14/2012 06/14/12 Pending -- -- --
12/05/2009 12/05/09 For Sale $179,900 -- $93 / 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 $1,696 $66,825 $7,025 $59,800
2024 $1,696 $50,025 $6,175 $43,850
2023 $1,696 $50,025 $6,175 $43,850
2022 $1,696 $50,025 $6,175 $43,850
2021 $1,726 $50,025 $6,175 $43,850
2020 $1,340 $33,075 $5,600 $27,475
2019 $1,340 $33,075 $5,600 $27,475
2018 $1,340 $33,075 $5,600 $27,475
2017 $1,359 $33,075 $5,600 $27,475
2016 $1,353 $30,950 $0 $0
2014 $1,353 $30,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mary Ann Tapp

    Crye-Leike

  • P

    Buyer's Agent in 2012

    Pat Harrison

    C21 Maselle & Associates

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3186795

Memphis Area Association of REALTORS®

APN: D0-135-0-0270

Tennessee Shelby County Memphis 38053

5559 Rust Rd, Memphis, TN

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