NOT LISTED FOR SALE

5941 Ramsey Rd Memphis, TN 38127

Memphis Area

Estimated Value: $324,905

4 Beds
2.5 Baths
3,200-3,399 Sq Ft
$96/Sq Ft Est. Value

Sale Details

Date Sold: October 3, 2022

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

Est. 38% decrease in value since last sale

Current estimated payment $1,858 / mo

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Oct 3, 2022
Sold by
Bought by
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
$324,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$195,095
Avg. Annual Appreciation
-11.56%
Original Mortgage
$437,750
Outstanding Balance
$414,066
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
-$89,161

Purchase Details

Closed on
Dec 3, 1996
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$520,000 Realty Title & Escrow
$30,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $437,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,591 $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

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10126035

Memphis Area Association of REALTORS®

APN: D0-134-0-0398

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