NOT LISTED FOR SALE

5991 Lofty Oak Rd Unit 5991 Memphis, TN 38115

Hickory Hill Neighborhood

Estimated Value: $82,612 - $103,000

3 Beds
2.5 Baths
1,600-1,799 Sq Ft
$53/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $78,000 $43 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $536/month

Highlights

  • The property is located in a historic district
  • Landscaped Professionally
  • Vaulted Ceiling
  • Two Primary Bathrooms
  • Clubhouse
  • Traditional Architecture

About This Home

As of September 2021

Price Reduction!!!: New Carpet stairs- A perfect condo with a large entryway, large kitchen, eat-in dining room in the kitchen, plus a separate living room, built-in bookcase in the den/great room (family room) with fireplace - spacious rooms throughout, security doors/alarm. Detached 2 car garage on back drive of condo. Refrigerator stays. Selling AS-IS Lender required repairs only.VA/No FHA.

Last Agent to Sell the Property

Yolanda Thompson-Richardson

BEST Real Estate Company License #302425 Listed on: 03/01/2021

BEST Real Estate Company

Last Buyer's Agent

Area Mays

KAIZEN Realty, LLC License #314503

KAIZEN Realty, LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1973

Lot Details

  • 9,583 Sq Ft Lot
  • Wood Fence
  • Landscaped Professionally

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,700 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Living Room with Fireplace
  • Den with Fireplace
  • Storage Room
  • Wood Flooring
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • The property is located in a historic district

Listing and Financial Details

  • Assessor Parcel Number 093106 D00056

Community Details

Overview

  • Property has a Home Owners Association
  • $200 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, parking
  • Heritage Trails Town Community
  • Heritage Trails Townhouse Development Subdivision
  • Property managed by HERITAGE TRAILS COND

Amenities

  • Clubhouse

Security

  • Storm Windows
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • MLS Map #: 784B
  • MAAR Subdivision Name: HERITAGE TRAILS TOWNHOUSES
  • Condo: Yes
  • List Price Per Sq Ft: 46
  • Number Of Stories: 2
  • Price Per Sq Ft: 45.88
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1700
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, 1/2 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Double Vanity Bath, 2 Full Primary Baths, Half Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 2, Walk-In Closet, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Hardwood Floor
  • Bedrooms: 3
  • Fireplace: Masonry, In Living Room, In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Sprayed Ceiling, Textured Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, LR/DR Combination, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall, Attic, Storage Room
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio, Historic District, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s), Storm Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2D
  • Parking Storage: Garage Door Opener(s)

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Amenities: Clubhouse w/ Kitchen
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Parking
  • Condominium Association: Yes
  • Condominium Name: HERITAGE TRAILS TOWN
  • Management Company: HERITAGE TRAILS COND

Fee Information

  • Monthly Maintenance Fee: 200

Lot Info

  • Lot Description: Landscaped, Professionally Landscaped
  • Lot Number: UNIT 56
  • Acreage: 0.22
  • Lot Size: Unknown
  • Price Per Acre: 354545

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 093106 D00056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Sep 15, 2021
Sold by
Curtis Betty J
Bought by
Levee Vest Llc
Seller's Agent
Yolanda Thompson-Richardson
BEST Real Estate Company
Buyer's Agent
Area Mays
KAIZEN Realty, LLC
List Price
$102,900
Sold Price
$78,000
Premium/Discount to List
-$24,900
-24.2%
Current Estimated Value
$95,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,403
Avg. Annual Appreciation
5.10%

Purchase Details

Closed on
May 18, 2001
Sold by
Hawkins Marlon R
Bought by
Curtis Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,415
Interest Rate
7.02%

Purchase Details

Closed on
Aug 31, 1998
Sold by
Bunton Thelma J
Bought by
Hawkins Marlon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,069
Interest Rate
6.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Levee Vest Llc $78,000 None Listed On Document
Curtis Betty J $69,500 --
Hawkins Marlon R $58,500 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Curtis Betty J $67,415
Previous Owner Hawkins Marlon R $57,069
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $78,000 0.0% $49 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/04/2021 08/04/21 Price Changed $78,000 -11.4% $49 / Sq Ft
06/10/2021 06/10/21 Price Changed $88,000 -14.5% $55 / Sq Ft
03/11/2021 03/11/21 For Sale $102,900 0.0% $64 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $102,900 -- $64 / 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 -- $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 $302 $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

  • Y

    Seller's Agent in 2021

    Yolanda Thompson-Richardson

    BEST Real Estate Company

    (901) 265-0709

    2 in this area

    13 Total Sales

    Yolanda Thompson-Richardson
    Section Image
  • Area Mays

    Buyer's Agent in 2021

    Area Mays

    KAIZEN Realty, LLC

    (901) 335-9324

    6 in this area

    361 Total Sales

    Area Mays
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10094103

Memphis Area Association of REALTORS®

APN: 09-3106-D0-0056

Tennessee Shelby County Memphis 38115 Hickory Hill

5991 Lofty Oak Rd Unit 5991, Memphis, TN

This home is located at 5991 Lofty Oak Rd Unit 5991, Memphis, TN 38115 since 01 March 2021 and is currently estimated at $95,403, approximately $53 per square foot. This property was built in 1973. 5991 Lofty Oak Rd Unit 5991 is a home located in Shelby County with nearby schools including Fox Meadows Elementary School, Ridgeway Middle School, and Ridgeway High School.

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