NOT LISTED FOR SALE

5573 Newberry Ave Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $215,432 - $236,000

4 Beds
2 Baths
2,000-2,199 Sq Ft
$104/Sq Ft Est. Value

Last Sold October 24, 2014

Last sale price $108,900 $50 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,326/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • 1 Fireplace
  • Level Lot
  • 2-minute walk to Emerald Park

About This Home

As of October 2014

PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY IS RENTED AND TO BE SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT WITH TENANTS RIGHTS.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 09/17/2014

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 09/17/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,307

Year Built

  • Built in 1967

Lot Details

  • 0.31 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,092 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Heritage Colony Rev Sec D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074102 00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,307

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 #: 784D
  • MAAR Subdivision Name: HERITAGE COLONY
  • List Price Per Sq Ft: 52
  • Number Of Stories: 1
  • Price Per Sq Ft: 52.06
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2092
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 56
  • Acreage: 0.31
  • Price Per Acre: 351290

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 074102 00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2014
Closed on
Oct 23, 2014
Sold by
Memphis Invest Gp
Bought by
Jms Capital Holdings Llc
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$108,900
Sold Price
$108,900
Current Estimated Value
$229,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,708
Avg. Annual Appreciation
7.03%
Original Mortgage
$54,450
Outstanding Balance
$6,134
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$223,474

Purchase Details

Listed on
Sep 17, 2014
Closed on
Sep 15, 2014
Sold by
Motens Doris
Bought by
Memphis Invest Gp
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$108,900
Sold Price
$108,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,450
Outstanding Balance
$6,134
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$223,474

Purchase Details

Closed on
Oct 18, 2006
Sold by
Bynum Stephanie D
Bought by
Moten Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,525
Interest Rate
7.24%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 31, 2000
Sold by
Crawford William C and Crawford Jameca L
Bought by
Davis Stephanie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,839
Interest Rate
8.11%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1994
Bought by
Crawf William C and Crawf L
Source: Public Records

Range of Values:

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Average Value
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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
Jms Capital Holdings Llc $108,900 None Available
Memphis Invest Gp $61,000 Currie Title & Escrow
Moten Doris $140,656 Title Assurance & Escrow Inc
Davis Stephanie D $119,900 --
Crawf William C $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jms Capital Holdings Llc $54,450
Previous Owner Moten Doris $112,525
Previous Owner Davis Stephanie D $119,839
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2014 10/24/14 Sold $108,900 0.0% $54 / Sq Ft
09/27/2014 09/27/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $108,900 +78.5% $54 / Sq Ft
09/15/2014 09/15/14 Sold $61,000 +22.0% $29 / Sq Ft View Prior Sale
01/20/2014 01/20/14 Pending -- -- --
12/20/2013 12/20/13 For Sale $50,000 -- $24 / 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 $1,307 $56,350 $4,375 $51,975
2024 -- $38,550 $3,900 $34,650
2023 $2,348 $38,550 $3,900 $34,650
2022 $2,348 $38,550 $3,900 $34,650
2021 $2,376 $38,550 $3,900 $34,650
2020 $1,851 $25,550 $3,900 $21,650
2019 $1,851 $25,550 $3,900 $21,650
2018 $1,851 $25,550 $3,900 $21,650
2017 $1,050 $25,550 $3,900 $21,650
2016 $920 $21,050 $0 $0
2014 $920 $21,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mark Saller

    Reedy Group II, LLC

    Section Image

  • K

    Seller's Agent in 2014

    Kweilyn Wiseman

    Divine Destiny Realty

    (901) 315-4399

    13 Total Sales

    Kweilyn Wiseman
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9936281

Memphis Area Association of REALTORS®

APN: 07-4102-0-0029

Tennessee Shelby County Memphis 38115 Fox Meadows

5573 Newberry Ave, Memphis, TN

This home is located at 5573 Newberry Ave, Memphis, TN 38115 since 17 September 2014 and is currently estimated at $229,608, approximately $104 per square foot. This property was built in 1967. 5573 Newberry Ave is a home located in Shelby County with nearby schools including Newberry Elementary School, Wooddale High School, and Compass Community School Hickory Hill Campus.

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