NOT LISTED FOR SALE

5656 Spring Lake Rd Memphis, TN 38135

Estimated Value: $289,000 - $296,000

3 Beds
2.5 Baths
1,736 Sq Ft
$169/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $288,000 $166 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,654/month

25 Days on Market

Highlights

  • 0.81 Acre Lot
  • Traditional Architecture
  • 1 Fireplace
  • Deck
  • Wood Flooring
  • Circular Driveway

About This Home

As of March 2023

BACK ON MARKET NO FAULT DUE TO SELLER! Come check out this beautiful home! Inside you will find fresh paint, new flooring, large bedrooms, updated kitchen and bathrooms. All major systems are brand new and all brand new appliances stay with property (including washer & dryer)! This home features 2 shops with power, fresh landscaping, expansive back deck plumbed for grill, a circle driveway, custom iron fencing, and new wood fence. Neighborhood has private 32 acre spring-fed lake.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,147

Year Built

  • Built in 1961

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 180x198

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 1,736 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Washer Hookup

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Parking Pad
  • Circular Driveway

Additional Features

  • Deck
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Spring Lake Farms 1St Add Subdivision

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number D0147 D00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,147

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1961
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Laminate
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 1736
  • Living Area Units: Square Feet

Exterior Features

  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad, Circular Driveway

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup

Condo/Co-op/Association

  • Association Fee: 150
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.81
  • Lot Size: 180X198
  • Lot Size Units: Acres
  • Parcel #: D0147 D00011
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1147
  • Tax Lot: 69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 6, 2023
Sold by
Witham Wallace Wayne
Bought by
Barker Leslie Paige and Daniels Emma Rae
List Price
$295,000
Sold Price
$288,000
Premium/Discount to List
-$7,000
-2.37%
Views
150
Current Estimated Value
$292,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,918
Avg. Annual Appreciation
0.59%
Original Mortgage
$263,023
Outstanding Balance
$254,766
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$38,152

Purchase Details

Closed on
Nov 26, 1997
Sold by
Witham Wallace and Witham Frankie V
Bought by
Witham Wallace Wayne
Source: Public Records
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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
Barker Leslie Paige $288,000 Home Surety Title & Escrow
Witham Wallace Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barker Leslie Paige $263,023
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2023 03/06/23 Sold $288,000 -2.4% $166 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $295,000 -- $170 / Sq Ft
Source: Realtracs

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 $1,580 $72,000 $12,750 $59,250
2024 $1,580 $46,600 $7,500 $39,100
2023 $1,580 $46,600 $7,500 $39,100
2022 $1,127 $33,250 $7,500 $25,750
2021 $1,147 $33,250 $7,500 $25,750
2020 $880 $21,725 $7,500 $14,225
2019 $880 $21,725 $7,500 $14,225
2018 $880 $21,725 $7,500 $14,225
2017 $893 $21,725 $7,500 $14,225
2016 $897 $20,525 $0 $0
2014 $897 $20,525 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3036979

Realtracs

APN: D0-147-D-00011