NOT LISTED FOR SALE

5561 Falling Bark Dr Memphis, TN 38134

Raleigh Neighborhood

Estimated Value: $186,000 - $211,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$165/Sq Ft Est. Value

Sale Details

Date Sold: September 13, 2022

Last sale price $145,000 $121 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,193 / mo

28 Days on Market

About This Home

As of September 2022

11 House Rental portfolio for sale! This is one house in the package. The owner is looking to sell as a package but may consider breaking apart. All properties in the package are currently rented but the package has room to increase rents. Most of the homes were completely renovated within the last couple years and the properties have been great performers. Make offers subject to inspection and do not disturb tenants. Current list of properties in the package are in the documents section.

Last Agent to Sell the Property

Stephen Akindona

Kairos Realty License #329215 Listed on: 07/08/2022

Last Buyer's Agent

Stephen Akindona

Kairos Realty License #329215 Listed on: 07/08/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 40 x 95

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,217 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Sycamore View Rd Pd Ph5 Area A Pt Par II Subdivision

Listing and Financial Details

  • Assessor Parcel Number 088048 E00094

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SYCAMORE VIEW RD PH5
  • List Price Per Sq Ft: 126
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1217
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 221
  • Acreage: 0.08
  • Lot Size: 40 X 95

Tax Info

  • Assessor Parcel Number: 088048 E00094

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 31, 2022
Sold by
Bought by
Seller's Agent
Stephen Akindona
Kairos Realty
Buyer's Agent
Stephen Akindona
Kairos Realty
List Price
$153,500
Sold Price
$145,000
Premium/Discount to List
-$8,500
-5.54%
Current Estimated Value
$198,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,022
Avg. Annual Appreciation
8.48%

Purchase Details

Closed on
Jul 9, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,910
Interest Rate
0.029%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 28, 2019
Closed on
Dec 13, 2019
Sold by
Bought by
List Price
$120,000
Sold Price
$118,000
Premium/Discount to List
-$2,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$94,400
Interest Rate
0.037%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 1, 2016
Closed on
Jan 25, 2017
Sold by
Bought by
Seller's Agent
Patrick Scifres
Fast Track Realty, LLC
Buyer's Agent
Tina Sandoval
Spartan REALTORS, LLC
List Price
$117,900
Sold Price
$117,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.03%
Original Mortgage
$70,740
Interest Rate
0.043%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2015
Sold by
Bought by

Purchase Details

Closed on
May 6, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,776
Interest Rate
0.0444%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 6, 2008
Sold by
Bought by

Purchase Details

Closed on
Nov 9, 2004
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Summit Title & Escrow
$551,299 Summit Title & Escrow
-- Coventry Escrow & Ttl Co Llc
$118,000 Home Surety T&E Llc
$117,900 None Available
-- Attorney
$260,000 None Available
$1,225,000 None Available
$574,075 Memphis Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $308,910
Previous Owner $94,400
Previous Owner $70,740
Previous Owner $89,776
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2022 09/13/22 Sold $145,000 -5.5% $145 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $153,500 +30.1% $154 / Sq Ft
12/20/2019 12/20/19 Sold $118,000 -1.7% $102 / Sq Ft View Prior Sale
11/16/2019 11/16/19 Pending -- -- --
10/28/2019 10/28/19 For Sale $120,000 +1.8% $103 / Sq Ft
03/10/2017 03/10/17 Sold $117,900 0.0% $118 / Sq Ft View Prior Sale
03/01/2017 03/01/17 Pending -- -- --
01/01/2016 01/01/16 For Sale $117,900 -- $118 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,486 $55,250 $8,750 $46,500
2024 $1,388 $40,950 $7,025 $33,925
2023 $2,495 $40,950 $7,025 $33,925
2022 $2,495 $40,950 $7,025 $33,925
2021 $1,111 $40,950 $7,025 $33,925
2020 $1,956 $27,000 $7,025 $19,975
2019 $863 $27,000 $7,025 $19,975
2018 $863 $27,000 $7,025 $19,975
2017 $883 $27,000 $7,025 $19,975
2016 $997 $22,825 $0 $0
2014 $273 $6,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen Akindona

    Seller's Agent in 2022

    Stephen Akindona

    Kairos Realty

    (901) 486-6688

    3 in this area

    69 Total Sales

    Stephen Akindona
    Section Image

  • P

    Seller's Agent in 2017

    Patrick Scifres

    Fast Track Realty, LLC

  • Tina Sandoval

    Buyer's Agent in 2017

    Tina Sandoval

    Spartan REALTORS, LLC

    (901) 218-6558

    35 in this area

    225 Total Sales

    Tina Sandoval
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10128376

Memphis Area Association of REALTORS®

APN: 08-8048-E0-0094

Tennessee Shelby County Memphis 38134 Raleigh

5561 Falling Bark Dr, Memphis, TN

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