NOT LISTED FOR SALE

5601 Longacre Ave Memphis, TN 38134

Estimated Value: $237,000 - $258,000

3 Beds
2 Baths
1,394 Sq Ft
$175/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $170,000 $122 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,408/month

Highlights

  • 1 Fireplace
  • Bartlett Elementary School Rated A
  • 1-Story Property

About This Home

As of April 2022

Say hello to your new home! This beautiful home located in 38134 is priced to rent and won't last long! Equipped with 1,394 sq. ft. of living space, 3 spacious bedrooms and 2 bathrooms. This newly renovated home features an open floor plan, an eat-in kitchen, and a living room that is perfect for entertaining. This property is a must see!

Last Agent to Rent the Property

Jerry Thornton

Premier Property Management Gr License #325902 Listed on: 04/08/2022

Co-Listed By

Nicholas Bolding

Keller Williams License #348505

Last Renter's Agent

Jerry Thornton

Premier Property Management Gr License #325902 Listed on: 04/08/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,571

Year Built

  • Built in 1973

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x125

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,394 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Bartlett Estates Rev Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number B0156K A00059

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,571

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MAAR Subdivision Name: BARTLETT ESTATES SEC A
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1
  • Estimated Sq Ft: 1394
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1

Garage/Parking

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

Lot Info

  • Lot Number: 105
  • Acreage: 0.22
  • Lot Size: 80X125

Tax Info

  • Assessor Parcel Number: B0156K A00059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Mar 24, 2022
Sold by
Rei Nation Llc
Bought by
Abrams Andrew M
Seller's Agent
Jerry Thornton
Premier Property Management Gr
Buyer's Agent
Jerry Thornton
Premier Property Management Gr
Sold Price
$1,595
Current Estimated Value
$244,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,405
Original Mortgage
$168,750
Outstanding Balance
$158,529
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$85,471

Purchase Details

Listed on
Sep 22, 2021
Closed on
Dec 8, 2021
Sold by
Pember Deborah Ray and Pember Marital Trust
Bought by
Rei Nation Llc
Seller's Agent
Sarah Solarez
Meridian National Realty, LLC
Buyer's Agent
Sarah Solarez
Meridian National Realty, LLC
List Price
$197,000
Sold Price
$170,000
Premium/Discount to List
-$27,000
-13.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%

Purchase Details

Closed on
Feb 22, 2016
Sold by
Pember Geraldine
Bought by
Pember Marital Trust

Purchase Details

Closed on
May 6, 2011
Sold by
Bayside Ventures Llc
Bought by
Pember Lyles R and Pember Geraldine

Purchase Details

Closed on
Mar 24, 2011
Sold by
Wright James T and Wright Peggy J
Bought by
Bayside Ventures Llc
Source: Public Records

Range of Values:

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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
Abrams Andrew M $225,000 Christopher J Thornton Pc
Rei Nation Llc $170,000 Closetrak
Pember Marital Trust -- Attorney
Pember Lyles R $105,000 None Available
Bayside Ventures Llc $43,296 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abrams Andrew M $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2022 04/30/22 Rented $1,595 -5.9% --
04/08/2022 04/08/22 For Rent $1,695 0.0% --
12/10/2021 12/10/21 Sold $170,000 -13.7% $142 / Sq Ft View Prior Sale
10/25/2021 10/25/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $197,000 0.0% $164 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $197,000 -- $164 / 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 $1,571 $67,650 $12,000 $55,650
2024 $1,571 $46,350 $8,375 $37,975
2023 $2,373 $46,350 $8,375 $37,975
2022 $1,900 $37,100 $8,375 $28,725
2021 $1,280 $37,100 $8,375 $28,725
2020 $1,096 $27,050 $7,000 $20,050
2019 $495 $27,050 $7,000 $20,050
2018 $1,096 $27,050 $7,000 $20,050
2017 $1,607 $27,050 $7,000 $20,050
2016 $1,046 $23,925 $0 $0
2014 $1,046 $23,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2022

    Jerry Thornton

    Premier Property Management Gr

    (901) 751-7979

    1 in this area

    8 Total Sales

    Jerry Thornton
    Section Image
  • Nicholas Bolding

    Landlord's Co-Listing Agent in 2022

    Nicholas Bolding

    Keller Williams

    (901) 264-9131

    8 in this area

    48 Total Sales

    Nicholas Bolding
    Section Image

  • S

    Seller's Agent in 2021

    Sarah Solarez

    Meridian National Realty, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10121364

Memphis Area Association of REALTORS®

APN: B0-156K-A0-0059

Tennessee Shelby County Memphis 38134

5601 Longacre Ave, Memphis, TN

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