$255,000 - $270,772
RENTED MAY 15, 2025

5566 Brook Shade Ln Memphis, TN 38125

Southern Shelby County Neighborhood
4 Beds
2 Baths
1,918 Sq Ft
$137 Price per Sq Ft

Last Sold November 20, 2024

Last sale price $259,500 $135 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,600/month

About This Home

As of November 2024

Looking for your dream home? Through our seamless leasing process, this beautifully designed home is move-in ready. Our spacious layout is perfect for comfortable living that you can enjoy with your pets too; we’re proud to be pet friendly. Our homes are built using high-quality, eco-friendly materials with neutral paint colors, updated fixtures, and energy-efficient appliances.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2024
Closed on
Nov 18, 2024
Sold by
Collins Family Trust and Collins Mary Ellen
Bought by
Armm Asset Company 2 Llc
Seller's Agent
Jason Wallace
Keller Williams Realty
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$272,900
Sold Price
$259,500
Premium/Discount to List
-$13,400
-4.91%
Views
310
Current Estimated Value
$262,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,693
Avg. Annual Appreciation
2.09%

Purchase Details

Closed on
Mar 18, 2015
Sold by
Collins John M and Collins Mary Ellen
Bought by
Collins Family Trust

Purchase Details

Closed on
Apr 18, 2013
Sold by
Savanna Group Llc
Bought by
Collins John M and Collins Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2012
Closed on
Oct 23, 2012
Sold by
Deutsche Bank National Trust Cx
Bought by
Savanna Group Llc
Seller's Agent
Georgia Landry
Trek Property Management
Buyer's Agent
Jessica Buffington
HelloHome
List Price
$118,000
Sold Price
$88,400
Premium/Discount to List
-$29,600
-25.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%

Purchase Details

Listed on
May 30, 2012
Closed on
Oct 17, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Savanna Group Llc
Seller's Agent
Georgia Landry
Trek Property Management
Buyer's Agent
Jessica Buffington
HelloHome
List Price
$118,000
Sold Price
$88,400
Premium/Discount to List
-$29,600
-25.08%

Purchase Details

Closed on
Mar 27, 2012
Sold by
Relaty Title
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 27, 2009
Sold by
Street Kelvin
Bought by
Payne Melanie

Purchase Details

Closed on
Mar 26, 2009
Sold by
Payne Melanie
Bought by
Payne Melanie and Street Kelvin

Purchase Details

Closed on
Dec 13, 2006
Sold by
Irby Corey
Bought by
Payne Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,300
Interest Rate
9.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2003
Sold by
Mark Matthews Development Llc
Bought by
Irby Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,840
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
May 16, 2003
Sold by
Columbia Investment Co
Bought by
Mark Matthews Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$991,600
Interest Rate
5.81%
Mortgage Type
Construction

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Armm Asset Company 2 Llc $259,500 Edco Title & Closing Services
Armm Asset Company 2 Llc $259,500 Edco Title & Closing Services
Collins Family Trust -- None Available
Collins John M $110,000 Tri State Title & Escrow Inc
Savanna Group Llc $88,400 --
Savanna Group Llc $88,400 None Available
Deutsche Bank National Trust Company $114,946 None Available
Payne Melanie -- None Available
Payne Melanie -- Edco Title & Closing Service
Payne Melanie $177,000 Realty Title
Irby Corey $152,300 --
Mark Matthews Development Llc $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins John M $82,500
Previous Owner Payne Melanie $159,300
Previous Owner Payne Melanie $17,700
Previous Owner Irby Corey $136,000
Previous Owner Irby Corey $34,000
Previous Owner Irby Corey $121,840
Previous Owner Mark Matthews Development Llc $991,600
Closed Irby Corey $30,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Rented $2,015 -1.2% --
04/29/2025 04/29/25 For Rent $2,040 0.0% --
11/20/2024 11/20/24 Sold $259,500 -4.9% $162 / Sq Ft
10/19/2024 10/19/24 For Sale $272,900 +208.7% $171 / Sq Ft
10/24/2012 10/24/12 Sold $88,400 -25.1% $55 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $118,000 -- $74 / Sq Ft

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
2024 $1,665 $49,125 $8,750 $40,375
2023 $1,665 $49,125 $8,750 $40,375
2022 $1,665 $49,125 $8,750 $40,375
2021 $1,695 $49,125 $8,750 $40,375
2020 $1,424 $35,150 $8,750 $26,400
2019 $1,424 $35,150 $8,750 $26,400
2018 $1,424 $35,150 $8,750 $26,400
2017 $1,445 $35,150 $8,750 $26,400
2016 $1,285 $29,400 $0 $0
2014 $1,285 $29,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Stacey Spratlin

    Main Street Renewal, LLC

    (901) 487-9683

    2 Total Sales

    Stacey Spratlin
    Section Image
  • Jason Wallace

    Seller's Agent in 2024

    Jason Wallace

    Keller Williams Realty

    (901) 690-1885

    11 in this area

    374 Total Sales

    Jason Wallace
    Section Image
  • MICHELLE CAMPBELL

    Seller Co-Listing Agent in 2024

    MICHELLE CAMPBELL

    Keller Williams Realty

    (901) 800-8098

    1 in this area

    82 Total Sales

    MICHELLE CAMPBELL
    Section Image

  • S

    Buyer's Agent in 2024

    Spencer Lindahl

    Main Street Renewal, LLC

    (480) 535-6813

    50 in this area

    11,671 Total Sales

    Section Image

  • G

    Seller's Agent in 2012

    Georgia Landry

    Trek Property Management

  • Jessica Buffington

    Buyer's Agent in 2012

    Jessica Buffington

    HelloHome

    (901) 282-8443

    2 in this area

    70 Total Sales

    Jessica Buffington
    Section Image
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Map

Tennessee Shelby County Memphis 38125 Southern Shelby County

5566 Brook Shade Ln, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 5566 Brook Shade Ln, Memphis, TN 38125 and is currently estimated at $262,193, approximately $136 per square foot. 5566 Brook Shade Ln is a home located in Shelby County with nearby schools including Highland Oaks Elementary School, Highland Oaks Middle School, and Southwind High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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