NOT LISTED FOR SALE

5997 Lofty Oak Rd Unit 59 Memphis, TN 38115

Hickory Hill Neighborhood

Estimated Value: $71,000 - $120,000

3 Beds
2.5 Baths
1,567 Sq Ft
$63/Sq Ft Est. Value

Last Sold August 27, 2013

Last sale price $22,000 $14 Per Sq Ft

Est. 349% increase in value since last sale

Current estimated payment $555/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Some Wood Windows
  • Wood Flooring
  • Separate Formal Living Room
  • 2 Car Detached Garage

About This Home

As of August 2013

Great investment opportunity 3 bedroom 2.5 baths with hardwood floors; source of funds or commitment letter required with all offers

Last Agent to Sell the Property

Kim Hairrell

Crye-Leike Inc., REALTORS License #249103 Listed on: 07/26/2013

Crye-Leike Inc., REALTORS

Last Buyer's Agent

Daniel Johnson

Keller Williams License #325048

Keller Williams

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $377

Year Built

  • Built in 1973

Lot Details

  • 4,356

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,567 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Heritage Trails Townhouse Development Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 093106 D00059

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$377

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
  • Corporate Own: Yes
  • Freestanding: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 14.04
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1567
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Back-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condominium Association: Yes

Lot Info

  • Lot Number: UNIT 59
  • Lot Size: .22
  • Price Per Acre: 85909

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 093106 D00059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2013
Sold by
Golden Palm Investments Llc
Bought by
Stellarnet Holdings Llc
Current Estimated Value
$98,789

Purchase Details

Listed on
Jul 26, 2013
Closed on
Aug 14, 2013
Sold by
Suntrust Bank
Bought by
Golden Palm Investments Llc
Seller's Agent
Kim Hairrell
Crye-Leike Inc., REALTORS
Buyer's Agent
Daniel Johnson
Keller Williams
List Price
$18,900
Sold Price
$22,000
Premium/Discount to List
$3,100
16.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.20%

Purchase Details

Closed on
May 2, 2013
Sold by
Newton Johnson Mary E
Bought by
Suntrust Bank

Purchase Details

Closed on
Aug 1, 2012
Sold by
Reece Lorna K
Bought by
Newton Johnson Mary E

Purchase Details

Closed on
Jul 30, 1997
Sold by
Reece Ronald G
Bought by
Newton Johnson Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.61%

Purchase Details

Closed on
Apr 2, 1997
Sold by
Reece Lorna K
Bought by
Reece Ronald G
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stellarnet Holdings Llc $30,000 None Available
Golden Palm Investments Llc $22,000 Stewart Title Company Ten
Suntrust Bank $18,275 None Available
Newton Johnson Mary E -- Mississippi Valley Title Ins
Newton Johnson Mary E $61,000 --
Reece Ronald G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newton Johnson Mary E $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2013 08/27/13 Sold $22,000 +16.4% $14 / Sq Ft
07/27/2013 07/27/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $18,900 -- $12 / 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 $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 $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

Agents Affiliated with this Home

  • Kim Hairrell

    Seller's Agent in 2013

    Kim Hairrell

    Crye-Leike

    (901) 644-3535

    12 in this area

    182 Total Sales

    Kim Hairrell
    Section Image
  • Daniel Johnson

    Buyer's Agent in 2013

    Daniel Johnson

    Keller Williams

    (901) 568-3387

    3 in this area

    12 Total Sales

    Daniel Johnson
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3277372

Memphis Area Association of REALTORS®

APN: 09-3106-D0-0059

Tennessee Shelby County Memphis 38115 Hickory Hill

5997 Lofty Oak Rd Unit 59, Memphis, TN

This home is located at 5997 Lofty Oak Rd Unit 59, Memphis, TN 38115 since 26 July 2013 and is currently estimated at $98,789, approximately $63 per square foot. This property was built in 1973. 5997 Lofty Oak Rd Unit 59 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.
Information is deemed reliable but not guaranteed.
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®.

Nearby Homes