$148,000

5995 Lofty Oak Rd Memphis, TN 38115

Hickory Hill Neighborhood

Estimated payment $813/month

Total Views 26,343
3 Beds
2.5 Baths
1,600-1,799 Sq Ft
$82 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • 1 Fireplace
  • Patio
  • Partially Carpeted

About This Home

GREAT INVESTMENT OPPORTUNITY! INVESTORS ONLY, DO NOT DISTURB TENANT. SFH Rented for $1,425/month, professionally managed. Lease expires 7/31/2025. Tenant moved in 7/31/2024. Completely renovated in May 2024 including brand new AC condenser, brand new furnace & A-coil. Spacious kitchen with brand new counter tops, large master bedroom, refurbished bathrooms with tile surround shower, attached garage, attached storage room and much more! HOA = $200/month. Showings only with accepted offer.

Listing Agent

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 08/01/2024

KAIZEN Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $377

Year Built

  • Built in 1975

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,634 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Partially Carpeted
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Patio
  • 9,583 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $200 Maintenance Fee
  • Heritage Trails Townhouse Development Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093106 D00058

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$377

Year Built

Built in 1975

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
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1634
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Patio

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: N2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 200

Lot Info

  • Lot Description: Level
  • Lot Number: UNIT 58
  • Acreage: 0.22
  • Lot Size: 0.09 acres
  • Price Per Acre: 672727
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093106 D00058

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $377 $28,320 $2,600 $25,720
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 $489 $6,750 $1,625 $5,125
2018 $489 $6,750 $1,625 $5,125
2017 $277 $6,750 $1,625 $5,125
2016 $535 $12,250 $0 $0
2014 $535 $12,250 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 For Sale $148,000 +450.2% $93 / Sq Ft
02/27/2017 02/27/17 Sold $26,900 0.0% $17 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $26,900 -- $17 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $120,000 None Listed On Document
Warranty Deed $83,000 None Available
Warranty Deed $26,300 Preferred Title & Escrow Llc
Trustee Deed $15,400 None Available
Warranty Deed $57,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $53,000 Purchase Money Mortgage
Previous Owner $35,000 Purchase Money Mortgage
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10178209

Memphis Area Association of REALTORS®

APN: 09-3106-D0-0058

Tennessee Shelby County Memphis 38115 Hickory Hill

5995 Lofty Oak Rd, Memphis, TN

This home is located at 5995 Lofty Oak Rd, Memphis, TN 38115 and is currently priced at $148,000, approximately $82 per square foot. This property was built in 1975. 5995 Lofty Oak Rd is a home located in Shelby County with nearby schools including Fox Meadows Elementary School, Ridgeway Middle School, and Ridgeway High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

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Jeremy Veldman
Listing Agent
Jeremy Veldman
Section Image
KAIZEN Realty, LLC
(901) 657-2580