NOT LISTED FOR SALE

5983 Lofty Oak Rd Unit 53 Memphis, TN 38115

Hickory Hill Neighborhood

Estimated Value: $69,000 - $109,000

3 Beds
2.5 Baths
1,632 Sq Ft
$55/Sq Ft Est. Value

Last Sold May 21, 2019

Last sale price $67,500 $41 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $509/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Patio
  • Wood Flooring
  • 2 Car Attached Garage
  • Central Air

About This Home

As of May 2019

Very large 3 bedroom, 2.5 bath town home completely renovated new floors, new carpet, new stove, microwave, dish washer. New bathrooms, paint, Lights etc.. Won't last long!!!!!! Drastic reduction Sell,Sell,SELL Will Rent for $1000. per month Back on the market----Contract failed Up to 5% closing cost.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $952

Year Built

  • Built in 1973

Lot Details

  • 9,583

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Patio
  • 9,583 Sq Ft Lot

Community Details

  • Heritage Trails Townhouse Development Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093106 D00053

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$952

Year Built

Built in 1973

Lot Details

9,583 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Architectural Style: Traditional
  • Year Built: 1973
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Pantry
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Front
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Common Interest: Condominium
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size: 0
  • Lot Size Units: Acres
  • Parcel #: 093106 D00053
  • Property Attached Yn: Yes

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 952

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2019
Closed on
May 20, 2019
Sold by
Mckinney Sharon and Mckinney Tommie
Bought by
Winters Timothy Benard
List Price
$83,500
Sold Price
$67,500
Premium/Discount to List
-$16,000
-19.16%
Current Estimated Value
$89,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,056
Avg. Annual Appreciation
4.21%
Original Mortgage
$64,125
Outstanding Balance
$55,791
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$33,765

Purchase Details

Closed on
Oct 26, 2018
Sold by
Jones Debra and Jones Sharee S
Bought by
Mckinney Tommie and Mckinney Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 7, 2013
Closed on
Mar 19, 2013
Sold by
Fannie Mae
Bought by
Jones James L
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$24,000
Sold Price
$22,000
Premium/Discount to List
-$2,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%

Purchase Details

Closed on
Jun 4, 2007
Sold by
Wilkes Tremon
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2007
Sold by
Household Financial Center Inc
Bought by
Wilkes Tremon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2006
Sold by
Scholl Christel and Scholl Jason
Bought by
Household Financial Center Inc

Purchase Details

Closed on
Feb 27, 2004
Sold by
Higgins Elton C and Higgins Annie P
Bought by
Scholl Jason and Scholl Christel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,800
Interest Rate
10.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 1997
Sold by
Spellman John R
Bought by
Higgins Elton C and Higgins Annie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,647
Interest Rate
7.98%
Mortgage Type
FHA
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
Winters Timothy Benard $67,500 Preferred Title & Escrow Llc
Mckinney Tommie $30,000 Preferred Title & Escrow Llc
Jones James L $22,000 None Available
Federal National Mortgage Association $44,446 None Available
Wilkes Tremon $51,000 Landcastle Title Llc
Household Financial Center Inc $62,928 None Available
Scholl Jason $68,000 Stewart Title
Higgins Elton C $56,200 --
Higgins Elton C $56,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winters Timothy Benard $64,125
Previous Owner Mckinney Tommie $24,000
Previous Owner Wilkes Tremon $51,000
Previous Owner Scholl Jason $57,800
Previous Owner Higgins Elton C $55,647
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2026 01/26/26 For Sale $83,500 +23.7% $51 / Sq Ft
05/21/2019 05/21/19 Sold $67,500 0.0% $41 / Sq Ft
05/21/2019 05/21/19 Sold $67,500 0.0% $48 / Sq Ft View Prior Sale
04/11/2019 04/11/19 Pending -- -- --
04/05/2019 04/05/19 Price Changed $67,500 -6.9% $48 / Sq Ft
03/21/2019 03/21/19 Price Changed $72,500 +10.7% $52 / Sq Ft
02/02/2019 02/02/19 Price Changed $65,500 -21.6% $47 / Sq Ft
01/28/2019 01/28/19 For Sale $83,500 +23.7% $60 / Sq Ft
01/27/2019 01/27/19 Off Market $67,500 -- --
01/22/2019 01/22/19 For Sale $83,500 +279.5% $60 / Sq Ft
03/20/2013 03/20/13 Sold $22,000 -8.3% $14 / Sq Ft View Prior Sale
03/07/2013 03/07/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $24,000 -- $15 / Sq Ft
Source: Realtracs

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 $377 $17,700 $1,625 $16,075
2024 $377 $11,125 $1,625 $9,500
2023 $678 $11,125 $1,625 $9,500
2022 $678 $11,125 $1,625 $9,500
2021 $686 $11,125 $1,625 $9,500
2020 $489 $6,750 $1,625 $5,125
2019 $216 $6,750 $1,625 $5,125
2018 $216 $6,750 $1,625 $5,125
2017 $221 $6,750 $1,625 $5,125
2016 $535 $12,250 $0 $0
2014 $535 $12,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tommie McKinney

    BEST Real Estate Company

    Section Image
  • Lisa Nelson

    Buyer's Agent in 2019

    Lisa Nelson

    Exit Wise Master-Builders Real

    (901) 246-5395

    1 in this area

    93 Total Sales

    Lisa Nelson
    Section Image
  • Jimmie Tapley

    Seller's Agent in 2013

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    1 in this area

    202 Total Sales

    Jimmie Tapley
    Section Image

  • N

    Buyer's Agent in 2013

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Realtracs

MLS Number: 3115510

Realtracs

APN: 09-3106-D0-0053

Tennessee Shelby County Memphis 38115 Hickory Hill

5983 Lofty Oak Rd Unit 53, Memphis, TN

Not Listed for Sale

MultiFamily

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Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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