NOT LISTED FOR SALE

5602 Mason Rd Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $210,315 - $277,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 16, 2014

Last sale price $140,000 $88 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,405/month

123 Days on Market

Highlights

  • Wood Flooring
  • Home Office
  • 1 Car Attached Garage
  • Richland Elementary School Rated 9+
  • Some Wood Windows
  • Brick Veneer

About This Home

As of June 2014

Bigger than it looks! REDUCED $12,000! 3BR 2BA LR/DR + Den & Office. The sep laundry rm, Den, masterBR and bathroom were additions to this home. Updates: kit, new energy efficient replacement windows, HVAC, roof & water heater are only a few years old.

Last Agent to Sell the Property

Melissa Wilbanks

Crye-Leike, Inc., REALTORS License #277840 Listed on: 01/09/2014

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Lana Fowler

Real Estate Agency License #271315

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 9,583 Sq Ft Lot
  • Wood Fence
  • Few Trees

Home Design

  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,505 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Home Office
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Parkview Acres Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 068061 00021

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • Cross Street: YATES
  • MAAR Subdivision Name: PARKVIEW ACRES SEC A
  • Freestanding: Yes
  • List Price Per Sq Ft: 95
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1505
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Split Bedroom Plan
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Den, LR/DR Combination
  • Misc Interior: Pull Down Attic Stairs
  • Other Rooms: Laundry Room, Office/Sewing Room

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Wood Fenced
  • Lot Number: 48
  • Acreage: 0.22

Tax Info

  • Assessor Parcel Number: 068061 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2014
Closed on
Jun 16, 2014
Sold by
Lilley Richard A
Bought by
Marinari Rachel Louise
Seller's Agent
Melissa Wilbanks
Crye-Leike, Inc., REALTORS
Buyer's Agent
Lana Fowler
Real Estate Agency
List Price
$154,900
Sold Price
$140,000
Premium/Discount to List
-$14,900
-9.62%
Current Estimated Value
$243,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,635
Avg. Annual Appreciation
4.87%
Original Mortgage
$137,464
Outstanding Balance
$104,143
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$138,686

Purchase Details

Closed on
Sep 7, 2010
Sold by
Cooperman Jack and Posey Dianne
Bought by
Lilley Richard A

Purchase Details

Closed on
Apr 14, 1997
Sold by
Reynolds Maria S and Sciara Peter J
Bought by
Cooperman Jack S and Posey Dianne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,135
Interest Rate
7.69%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 1994
Bought by
Reynolds Maria S and Reynolds Sciar
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marinari Rachel Louise $140,000 Fntg
Lilley Richard A $85,000 None Available
Cooperman Jack S $81,000 Lawyers Title Insurance Corp
Cooperman Jack S $81,000 Lawyers Title Insurance Corp
Reynolds Maria S $64,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marinari Rachel Louise $137,464
Previous Owner Cooperman Jack S $81,135
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2014 06/16/14 Sold $140,000 -9.6% $100 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $154,900 -- $111 / 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 $52,400 $10,000 $42,400
2024 $1,571 $46,350 $7,675 $38,675
2023 $2,823 $46,350 $7,675 $38,675
2022 $2,823 $46,350 $7,675 $38,675
2021 $2,857 $46,350 $7,675 $38,675
2020 $2,493 $34,400 $9,200 $25,200
2019 $2,493 $34,400 $9,200 $25,200
2018 $2,493 $34,400 $9,200 $25,200
2017 $1,414 $34,400 $9,200 $25,200
2016 $1,433 $32,800 $0 $0
2014 $1,433 $32,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Wilbanks

    Seller's Agent in 2014

    Melissa Wilbanks

    Crye-Leike

    (901) 438-1107

    11 in this area

    96 Total Sales

    Melissa Wilbanks
    Section Image
  • Lana Fowler

    Buyer's Agent in 2014

    Lana Fowler

    Real Estate Agency

    (901) 550-1013

    2 in this area

    62 Total Sales

    Lana Fowler
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3288274

Memphis Area Association of REALTORS®

APN: 06-8061-0-0021

Tennessee Shelby County Memphis 38120 East Memphis

5602 Mason Rd, Memphis, TN

Not Listed for Sale

Detached

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