NOT LISTED FOR SALE

5951 Lake Tide Cove Memphis, TN 38120

River Oaks Neighborhood

Estimated Value: $756,000 - $1,025,000

5 Beds
5 Baths
4,500-4,999 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $599,000 $120 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,433/month

164 Days on Market

Highlights

  • Home Theater
  • Waterfront
  • Vaulted Ceiling
  • White Station High Rated A
  • Wooded Lot
  • Marble Flooring

About This Home

As of August 2014

Home on the lake! Spectacular view & wildlife. Close to best schools, I-240, offices, 15 min to airport. Vaulted LR w FP, Large kitchen w SubZero frig & 3 ovens. Wetbar, home theater, library, 4 car garage, alarm, sprinkler, & much more.

Last Agent to Sell the Property

Sam Tiwana

KAIZEN Realty, LLC License #309637 Listed on: 10/23/2013

KAIZEN Realty, LLC

Last Buyer's Agent

Lisa Fitzgerald

Main Street, REALTORS License #248811

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,725

Year Built

  • Built in 1989

Lot Details

  • 0.58 Acre Lot
  • Waterfront
  • Sprinklers on Timer
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 5,474 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Double Pane Windows
  • Window Treatments
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Play Room
  • Storage Room
  • Keeping Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Parquet
  • Partially Carpeted
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 4 Car Attached Garage
  • Rear-Facing Garage

Outdoor Features

  • Cove
  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Lake Oaks Estate Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 080023 K00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,725

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Sweetbrier
  • MLS Map #: 782C
  • MAAR Subdivision Name: RIVER OAKS
  • Freestanding: Yes
  • List Price Per Sq Ft: 109
  • Number Of Stories: 2
  • Price Per Sq Ft: 109.43
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 5474
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1/2 Bath, 1 1/2 Bath, Media Room, Keeping/Hearth Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room
  • Additional Bedroom Bathroom Info: Primary Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 4500-4999
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Fireplace: Masonry, In Living Room, Gas Starter
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Marble/Terrazzo, Parquet Floor, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Trash Compactor, Refrigerator, Washer, Dryer, Intercom, Instant Hot Water, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Central Vacuum, Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Play Room, Office/Sewing Room, Entry Hall
  • Total Bathrooms: 3.2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Gas Grill, Covered Patio
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 4
  • Parking Display: G4A
  • Parking Storage: More than 3 Coverd Spaces, Storage Room(s), Back-Load Garage

Utilities

  • Cooling: Central, 3 or More Systems
  • Heating: Gas, 3 or More Systems
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Wooded, Water Frontage, Cove
  • Lot Number: 7
  • Acreage: 0.58
  • Lot Size: 0.584AC 70.23/189.05IRR X 151.58/ ~
  • Price Per Acre: 1032759

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 080023 K00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2019
Sold by
Forman Cynthia A
Bought by
Forman James F and Forman Cynthia A
Current Estimated Value
$905,056

Purchase Details

Closed on
Feb 13, 2015
Sold by
Forman James F and Forman Cynthia A
Bought by
Forman Cynthia A

Purchase Details

Listed on
Oct 23, 2013
Closed on
Aug 28, 2014
Sold by
Averwater Jan Marilyn
Bought by
Forman James F and Forman Cynthia A
Seller's Agent
Sam Tiwana
KAIZEN Realty, LLC
Buyer's Agent
Lisa Fitzgerald
Main Street, REALTORS
List Price
$750,000
Sold Price
$599,000
Premium/Discount to List
-$151,000
-20.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%
Original Mortgage
$299,000
Outstanding Balance
$231,292
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$712,313

Purchase Details

Closed on
Nov 3, 2006
Sold by
Wiertelak James B
Bought by
Averwater Jan Marilyn

Purchase Details

Closed on
Aug 28, 1998
Sold by
Antonina Wiertelak
Bought by
Wiertelak James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6.99%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Forman James F -- None Available
Forman Cynthia A -- Fntg
Forman James F $599,000 Fntg
Averwater Jan Marilyn $760,000 Realty Title & Escrow
Wiertelak James B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forman James F $299,000
Previous Owner Wiertelak Jim $660,133
Previous Owner Wiertelak James B $225,000
Previous Owner Wiertelak James B $125,000
Previous Owner Wiertelak James B $620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $599,000 -20.1% $133 / Sq Ft
04/05/2014 04/05/14 Pending -- -- --
10/23/2013 10/23/13 For Sale $750,000 -- $167 / 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 $5,725 $201,575 $75,225 $126,350
2024 $5,725 $168,875 $75,225 $93,650
2023 $10,287 $168,875 $75,225 $93,650
2022 $10,287 $168,875 $75,225 $93,650
2021 $5,826 $168,875 $75,225 $93,650
2020 $11,251 $155,275 $75,225 $80,050
2019 $4,963 $155,275 $75,225 $80,050
2018 $4,963 $155,275 $75,225 $80,050
2017 $5,080 $155,275 $75,225 $80,050
2016 $6,213 $142,175 $0 $0
2014 $6,213 $142,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Tiwana

    Seller's Agent in 2014

    Sam Tiwana

    KAIZEN Realty, LLC

    (901) 221-4015

    11 Total Sales

    Section Image
  • Lisa Fitzgerald

    Buyer's Agent in 2014

    Lisa Fitzgerald

    Main Street, REALTORS

    (901) 277-0241

    193 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3283951

Memphis Area Association of REALTORS®

APN: 08-0023-K0-0007

Tennessee Shelby County Memphis 38120 River Oaks

5951 Lake Tide Cove, Memphis, TN

This home is located at 5951 Lake Tide Cove, Memphis, TN 38120 since 23 October 2013 and is currently estimated at $871,116, approximately $174 per square foot. This property was built in 1989. 5951 Lake Tide Cove is a home located in Shelby County with nearby schools including Balmoral Ridgeway Elementary School, Ridgeway Middle School, and White Station High.

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