NOT LISTED FOR SALE

5945 Wedgewood Cove Memphis, TN 38141

Parkway Village Neighborhood

Estimated Value: $195,000 - $221,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$148/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $200,000 $143 Per Sq Ft

Current estimated payment $1,217/month

132 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • 1 Fireplace
  • Level Lot

About This Home

As of November 2023

Rare 2020 built Cash flowing occupied investment opportunity available!! New Construction house built in 2020! Currently rented at $1395. Zestimate rent at $1,509/mo Tenants moved in 12/05/2022 on a lease until 03/31/2024. Professionally managed by Reedy and Company who would like to continue managing. Lease and ledger made available upon request. Do not approach or disturb tenants. No showings without an accepted offer.

Last Agent to Sell the Property

Mark Hart

Reedy & Company, REALTORS License #342634 Listed on: 06/06/2023

Last Buyer's Agent

Candice Thomas

Vylla Home License #356570

Vylla Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,403

Year Built

  • Built in 1986

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 41x120
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,395 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Stoneybrook Phase Ii Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093401 B00037

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,403

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 785D
  • MAAR Subdivision Name: STONEYBROOK PH II
  • Number Of Stories: 1
  • Price Per Sq Ft: 143.37
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1395
  • Year Built: 1986
  • List Price/ Sq Ft: 150
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 137
  • Acreage: 0.36
  • Lot Size: 41X120
  • Price Per Acre: 583056

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 093401 B00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Nov 7, 2023
Sold by
Fielding Cody
Bought by
Financial Resources Lp
Seller's Agent
Mark Hart
Reedy & Company, REALTORS
Buyer's Agent
Candice Thomas
Vylla Home
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%
Views
368
Current Estimated Value
$200,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$931
Avg. Annual Appreciation
1.40%

Purchase Details

Listed on
Jun 25, 2020
Closed on
Nov 2, 2020
Sold by
Memphis Investment Properties Ii Llc
Bought by
Fielding Cody
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$153,750
Sold Price
$153,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$123,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2020
Sold by
Glidden Kenneth
Bought by
Memphis Investment Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
3.4%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 13, 2009
Sold by
Memphis Invest Llc
Bought by
Glidden Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,120
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2008
Sold by
Cook Michael
Bought by
Memphis Invest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2008
Sold by
Us Bank National Association
Bought by
Cig Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2008
Sold by
Marshall Rocky and Marshall Leslie
Bought by
Us Bank Na

Purchase Details

Closed on
Mar 17, 2006
Sold by
Marshall Leslie and Marshall Rocky
Bought by
Marshall Rocky and Marshall Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,100
Interest Rate
8.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Financial Resources Lp $200,000 Delta Title Services
Fielding Cody $153,750 Delta Title Services Llc
Memphis Investment Properties Ii Llc $6,500 Delta Title Services Llc
Glidden Kenneth $63,900 None Available
Memphis Invest Llc -- None Available
Cook Michael $45,000 None Available
Cig Investments Llc $38,900 None Available
Us Bank Na $49,500 None Available
Marshall Rocky -- K E L Title Ins Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fielding Cody $123,000
Previous Owner Memphis Investment Properties 2 $116,800
Previous Owner Glidden Kenneth $51,120
Previous Owner Cook Michael $63,000
Previous Owner Marshall Rocky $90,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $200,000 -4.7% $167 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $209,900 +36.5% $175 / Sq Ft
11/03/2020 11/03/20 Sold $153,750 0.0% $110 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $153,750 -- $110 / 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 $1,403 $60,100 $4,950 $55,150
2024 -- $41,375 $3,825 $37,550
2023 $2,520 $41,375 $3,825 $37,550
2022 $2,520 $41,375 $3,825 $37,550
2021 $1,427 $41,375 $3,825 $37,550
2020 $277 $3,825 $3,825 $0
2019 $122 $3,825 $3,825 $0
2018 $637 $19,925 $3,825 $16,100
2017 $652 $19,925 $3,825 $16,100
2016 $827 $18,925 $0 $0
2014 $827 $18,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mark Hart

    Reedy & Company, REALTORS

    (901) 800-6693

    10 in this area

    88 Total Sales

    Section Image

  • C

    Buyer's Agent in 2023

    Candice Thomas

    Vylla Home

    (901) 488-4974

    1 in this area

    17 Total Sales

    Section Image
  • Jim Reedy

    Seller's Agent in 2020

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    26 in this area

    433 Total Sales

    Section Image

  • B

    Buyer's Agent in 2020

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    26 in this area

    450 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10149488

Memphis Area Association of REALTORS®

APN: 09-3401-B0-0037

Tennessee Shelby County Memphis 38141 Parkway Village

5945 Wedgewood Cove, Memphis, TN

This home is located at 5945 Wedgewood Cove, Memphis, TN 38141 since 06 June 2023 and is currently estimated at $207,213, approximately $148 per square foot. This property was built in 1986. 5945 Wedgewood Cove is a home located in Shelby County with nearby schools including Crump Elementary School, Kirby High School, and Compass Community School Hickory Hill Campus.

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