NOT LISTED FOR SALE

5576 Crepe Myrtle Dr Memphis, TN 38115

Hickory Hill Neighborhood

Estimated Value: $92,000 - $124,000

2 Beds
1.5 Baths
1,200-1,399 Sq Ft
$73/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $63,500 $45 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $587/month

75 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Ceiling Fan
  • 1 Fireplace
  • Central Heating and Cooling System

About This Home

As of April 2023

You’ll love this 2 bedroom 1.5 bath located in the Heather Ridge sub division. Would make a Great cash flow investment opportunity. Rentals in this area start around $800 a month. The property is Vacant. Go and show. Combination Lock .

Last Agent to Sell the Property

Lyndon Baskin

Harris & Harris Realty Group License #356569 Listed on: 01/12/2023

Last Buyer's Agent

Lyndon Baskin

Harris & Harris Realty Group License #356569 Listed on: 01/12/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $495

Year Built

  • Built in 1985

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 27x110

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,333 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bathroom is a Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Heather Ridge Pud Outline Plan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093417 S00027

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$495

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • Detached Unit Type: General Residential
  • MLS Map #: 785A
  • MAAR Subdivision Name: HEATHER RIDGE
  • List Price Per Sq Ft: 49
  • Number Of Stories: 2
  • Price Per Sq Ft: 47.64
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1333
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Half Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Floors/Ceilings: Part Carpet, Tile, Vinyl Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 2, Full Bath

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Number: 100
  • Acreage: 0.1
  • Lot Size: 27X110
  • Price Per Acre: 650000

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 093417 S00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Apr 13, 2023
Sold by
Matthews Norma J
Bought by
White Bennie L
Seller's Agent
Lyndon Baskin
Harris & Harris Realty Group
Buyer's Agent
Lyndon Baskin
Harris & Harris Realty Group
List Price
$75,000
Sold Price
$63,500
Premium/Discount to List
-$11,500
-15.33%
Views
60
Current Estimated Value
$102,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,145
Avg. Annual Appreciation
21.37%

Purchase Details

Closed on
May 17, 2000
Sold by
Mckelvey Douglas L
Bought by
Young Norma Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
8.14%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 20, 1997
Sold by
Heather Ridge Partners
Bought by
Mckelvey Douglas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,867
Interest Rate
7.43%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
White Bennie L $62,500 None Listed On Document
Young Norma Jean $72,000 --
Mckelvey Douglas L $62,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Norma Jean $54,400
Previous Owner Mckelvey Douglas L $62,867
Closed Young Norma Jean $13,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2023 04/13/23 Sold $63,500 -2.3% $53 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/21/2023 03/21/23 Price Changed $65,000 -3.0% $54 / Sq Ft
03/02/2023 03/02/23 Price Changed $67,000 -4.3% $56 / Sq Ft
02/10/2023 02/10/23 Price Changed $70,000 -6.7% $58 / Sq Ft
01/12/2023 01/12/23 For Sale $75,000 -- $63 / 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 $495 $23,700 $4,200 $19,500
2024 $495 $14,600 $3,000 $11,600
2023 $889 $14,600 $3,000 $11,600
2022 $495 $14,600 $3,000 $11,600
2021 $900 $14,600 $3,000 $11,600
2020 $924 $12,750 $3,000 $9,750
2019 $924 $12,750 $3,000 $9,750
2018 $924 $12,750 $3,000 $9,750
2017 $524 $12,750 $3,000 $9,750
2016 $538 $12,300 $0 $0
2014 $538 $12,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lyndon Baskin

    Seller's Agent in 2023

    Lyndon Baskin

    Harris & Harris Realty Group

    (901) 428-6981

    2 in this area

    36 Total Sales

    Lyndon Baskin
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10140335

Memphis Area Association of REALTORS®

APN: 09-3417-S0-0027

Tennessee Shelby County Memphis 38115 Hickory Hill

5576 Crepe Myrtle Dr, Memphis, TN

This home is located at 5576 Crepe Myrtle Dr, Memphis, TN 38115 since 12 January 2023 and is currently estimated at $102,645, approximately $73 per square foot. This property was built in 1985. 5576 Crepe Myrtle Dr is a home located in Shelby County with nearby schools including Hickory Ridge Elementary School, Wooddale High School, and Compass Community School Hickory Hill Campus.

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.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes