NOT LISTED FOR SALE

5941 Ramsey Rd Memphis, TN 38127

Estimated Value: $326,000 - $340,000

4 Beds
2.5 Baths
3,200-3,399 Sq Ft
$98/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $520,000 $153 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $1,896/month

60 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Updated Kitchen
  • Barn or Stable
  • Lake On Lot
  • Traditional Architecture

About This Home

As of October 2022

Incredible 9-acre Shelby Forest estate! 4 bed/2.5 bath home with all of the space you'd need! Huge metal shop with built in offices (electric and window units for a/c). Barn previously used for horses. Large stocked pond with all the fish you could catch! Floating gazebo on the water for relaxing/fishing. PLUS includes a second connected parcel with a 3/2 manufactured home w/ in-ground pool that can be used as an in-law suite or rental property/airbnb. This home has everything you could want!

Last Agent to Sell the Property

Austin Bryeans

KAIZEN Realty, LLC License #336877 Listed on: 06/10/2022

KAIZEN Realty, LLC

Last Buyer's Agent

John Criswell

Crye-Leike, Inc., REALTORS License #215168

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 9 Acre Lot
  • Landscaped

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,280 Sq Ft Home
  • 1.5-Story Property
  • Ceiling height of 9 feet or more
  • Window Treatments
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Play Room
  • Storage Room
  • Water Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Attic Access Panel
  • Pull Down Stairs to Attic

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • In Ground Pool
  • Lake On Lot
  • Gazebo
  • Outdoor Storage
  • Porch

Horse Facilities and Amenities

  • Barn or Stable

Utilities

  • Central Air
  • Heating System Uses Propane

Community Details

  • Shelby Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0134 00398 & D0134 00163

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

9 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: Shelby Forest
  • List Price Per Sq Ft: 168
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3280
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Play Room/Recreation Room, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 2
  • Bedroom 4 Description: Level 2
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Double Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Attic Access, Security System, Smoke Detector(s), Monitored Alarm
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, In-Law Quarters
  • Primary Bathroom Description: Double Sinks, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Carpet, Full Bath, Level 1, Walk-In Closet

Exterior Features

  • Misc Exterior: Storage Building, Porch, Gazebo, Barn/Stable
  • Exterior Windows: Vinyl Siding
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Attic Fan, Central
  • Heating: Propane Gas
  • Security: Dead Bolt Lock(s), Monitored Alarm System, Smoke Detector(s)
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Lot Description: Lake/Pond on Property, Water View, Landscaped
  • Acreage: 9
  • Lot Size: 9.0AC

Tax Info

  • Assessor Parcel Number: D0134 00398 & D0134 00163

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Oct 3, 2022
Sold by
Thweatt Donald G and Thweatt Tammy R
Bought by
Fleming Thomas M
Seller's Agent
Austin Bryeans
KAIZEN Realty, LLC
Buyer's Agent
John Criswell
Crye-Leike, Inc., REALTORS
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%
Current Estimated Value
$333,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$186,050
Avg. Annual Appreciation
-11.95%
Original Mortgage
$437,750
Outstanding Balance
$416,947
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
-$82,997

Purchase Details

Closed on
Dec 3, 1996
Sold by
Wilde Raymond J and Wilde Marlyne E
Bought by
Thweatt Donald G and Thweatt Tammy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500
Interest Rate
7.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Fleming Thomas M $520,000 Realty Title & Escrow
Thweatt Donald G $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fleming Thomas M $437,750
Previous Owner Thweatt Donald G $25,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Sold $520,000 -5.5% $163 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $550,000 -- $172 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,673 $59,150 $10,550 $48,600
2024 $1,673 $49,350 $10,025 $39,325
2023 $1,673 $49,350 $10,025 $39,325
2022 $1,673 $49,350 $10,025 $39,325
2021 $1,703 $49,350 $10,025 $39,325
2020 $1,680 $41,475 $10,025 $31,450
2019 $1,680 $41,475 $10,025 $31,450
2018 $1,680 $41,475 $10,025 $31,450
2017 $1,705 $41,475 $10,025 $31,450
2016 $1,760 $40,275 $0 $0
2014 $1,760 $40,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Austin Bryeans

    Seller's Agent in 2022

    Austin Bryeans

    KAIZEN Realty, LLC

    (901) 239-3928

    31 Total Sales

    Austin Bryeans
    Section Image
  • John Criswell

    Buyer's Agent in 2022

    John Criswell

    Crye-Leike

    (901) 553-7649

    140 Total Sales

    John Criswell
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10126035

Memphis Area Association of REALTORS®

APN: D0-134-0-0398

Tennessee Shelby County Memphis 38127

5941 Ramsey Rd, Memphis, TN

Not Listed for Sale

Detached

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