NOT LISTED FOR SALE

5581 Shady Grove Rd Memphis, TN 38120

Audubon Park Neighborhood

Estimated Value: $551,000 - $630,000

4 Beds
4.5 Baths
3,800-3,999 Sq Ft
$151/Sq Ft Est. Value

Last Sold May 23, 2017

Last sale price $325,000 $81 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,549/month

Highlights

  • Heated In Ground Pool
  • Two Primary Bedrooms
  • Two Primary Bathrooms
  • White Station Middle Rated A-
  • Updated Kitchen
  • Colonial Architecture

About This Home

As of May 2017

ECLECTIC 4 BEDROOM 4.5 BATH WITH LIVING RM, DINING RM, DEN. 2 FIREPLACES, MAJESTIC WINDING STAIRCASE, FULLY REHABBED KITCHEN WITH GRANITE. ALL NEW CARPET AND HARDWOOD FLOORS. SLIDING GLASS DOORS ACROSS ENTIRE BACK OF HOME OVERLOOKING PATIO AND SWIMMING POOL. HUGE 30X30 DEN WITH SEPARATE DINING RM/LIVING RM. 3 CAR GARAGE WITH 40X10 STORAGE RM. 25FT 2ND FLOOR BALCONY WITH OWN STAIRCASE LEADING TO PATIO. SELLING AS IS STILL NEEDS SOME UPDATING AND REPAIR. WHAT A STEAL THIS COULD BE TO A REHABBER!!!

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 05/09/2017

Co-Listed By

Ryan Woolbright

Premier Realty Group, LLC License #326176

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 05/09/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,258

Year Built

  • Built in 1964

Lot Details

  • 0.42 Acre Lot
  • Wood Fence
  • Landscaped
  • Level Lot

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,800-3,999 Sq Ft Home
  • 3,868 Sq Ft Home
  • 1.5-Story Property
  • Built-in Bookshelves
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Casement Windows
  • Aluminum Window Frames
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Breakfast Room
  • Den with Fireplace
  • Loft
  • Storage Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary bedroom located on second floor
  • Primary Bedroom Upstairs
  • Double Master Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Home Security

  • Burglar Security System
  • Storm Windows
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 3 Car Attached Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Patio

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Shady Woods Cove Subdivision
  • Building Fire Alarm

Listing and Financial Details

  • Assessor Parcel Number 056055 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,258

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Colonial
  • Detached Unit Type: General Residential
  • Cross Street: YATES
  • MLS Map #: 756F
  • MAAR Subdivision Name: SHADY WOODS CV
  • List Price Per Sq Ft: 97
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 84.02
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3868
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Primary Up, Two Primaries, Renovated Bathroom, Double Vanity Bath, 2 Full Primary Baths, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3800-3999
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 2, Private Full Bath, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Private Full Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Living Room, In Den/Great Room, Glass Doors
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Sprayed Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Den, LR/DR Combination, Updated/Renovated Kitchen, Separate Breakfast Room, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Attic Access, Cat/Dog Free House, Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Loft/Balcony, Attic, Storage Room
  • Total Bathrooms: 4.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Dressing Area, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Level 2, Walk-In Closet, Full Bath, Built-In Cabinets/Bkcases, Hardwood Floor, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Pool Heater, Patio, Balcony
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Aluminum Window(s), Double Pane Window(s), Storm Window(s), Casement Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Storage Room(s), Garage Door Opener(s), Back-Load Garage, Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Security: Burglar Alarm, Fire Alarm, Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Landscaped, Wood Fenced
  • Lot Number: 13
  • Acreage: 0.42
  • Lot Size: 110/110.05 X 169.5/170.4
  • Price Per Acre: 892857

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 056055 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2017
Closed on
May 23, 2017
Sold by
Smith David W
Bought by
Alabsawi Nasser and Alabsawi Nadia
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$375,000
Sold Price
$325,000
Premium/Discount to List
-$50,000
-13.33%
Current Estimated Value
$602,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,355
Avg. Annual Appreciation
8.89%

Purchase Details

Listed on
Nov 10, 2011
Closed on
Apr 5, 2012
Sold by
Aurora Loan Services Llc
Bought by
Smith David W
Seller's Agent
Chris Mosby
ResiAmerica, Inc.
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$240,000
Sold Price
$213,000
Premium/Discount to List
-$27,000
-11.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%
Original Mortgage
$207,600
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 2011
Sold by
Jones Jeffrey and Jones Kris C
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Sep 19, 2001
Sold by
Diamond John C and Diamond Mary Ann
Bought by
Jones Jeffrey and Jones Kris Carter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,300
Interest Rate
8.15%
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
Alabsawi Nasser $325,000 Chicago Title
Smith David W $213,000 Landcastle Title Llc
Aurora Loan Services Llc $457,485 None Available
Jones Jeffrey $347,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith David W $207,600
Previous Owner Jones Jeffrey $312,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2017 05/23/17 Sold $325,000 -13.3% $86 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $375,000 +76.1% $99 / Sq Ft
04/30/2012 04/30/12 Sold $213,000 -11.3% $56 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
11/10/2011 11/10/11 For Sale $240,000 -- $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 $4,258 $143,400 $30,425 $112,975
2024 $4,258 $125,600 $30,425 $95,175
2023 $7,651 $125,600 $30,425 $95,175
2022 $7,651 $125,600 $30,425 $95,175
2021 $7,741 $125,600 $30,425 $95,175
2020 $6,543 $90,300 $30,425 $59,875
2019 $6,543 $90,300 $30,425 $59,875
2018 $6,543 $90,300 $30,425 $59,875
2017 $3,711 $90,300 $30,425 $59,875
2016 $4,456 $101,975 $0 $0
2014 $4,456 $101,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mark Saller

    Reedy Group II, LLC

    Section Image

  • R

    Seller Co-Listing Agent in 2017

    Ryan Woolbright

    Premier Realty Group, LLC

    (901) 751-7979

    46 Total Sales

    Ryan Woolbright
    Section Image
  • Chris Mosby

    Seller's Agent in 2012

    Chris Mosby

    ResiAmerica, Inc.

    (901) 830-7200

    11 in this area

    381 Total Sales

    Chris Mosby
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10001953

Memphis Area Association of REALTORS®

APN: 05-6055-0-0002

Tennessee Shelby County Memphis 38120 Audubon Park

5581 Shady Grove Rd, Memphis, TN

This home is located at 5581 Shady Grove Rd, Memphis, TN 38120 since 09 May 2017 and is currently estimated at $602,355, approximately $150 per square foot. This property was built in 1964. 5581 Shady Grove Rd is a home located in Shelby County with nearby schools including White Station Elementary School, White Station Middle, and White Station High.

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