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5207 Oak Meadow Avenue

5207 Oak Meadow Avenue, Memphis, TN 38134
Sold Jul 19, 2023
$205,000
$174,250 by Mortgage Investors Group
Mortgage Due Aug 01, 2053
Sold Nov 30, 2021
$180,100
$174,697 by Patriot Bank
Mortgage Due Dec 01, 2051
5207 Oak Meadow Avenue has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 1965 and is 59 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5207 Oak Meadow Avenue has 1,722 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 10,625 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 404 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5207 Oak Meadow Avenue was last sold in Jul 11, 2023 for $205,000. According to our calculations, that's $119.05 per sqft. Prior to that sales transaction, the property was sold for $180,100 in Nov 23, 2021. Current property owners are expected to pay $2,188 in taxes per year. The property on 5207 Oak Meadow Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $35,925. To break that down further, the land itself was valued at $4,225. While improvements to the property were assessed at a total of $31,700. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 404
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,625
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,722
  • Gross Building Area: 1,722
  • Building Area: 1,722
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,722
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BARTLETT MEADOWS
  • Land Acres: 0.244
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS OAK MEADOW AVE

Ownership

  • Current Owner : CAESAR CAROL S
  • Previous Owner : LEWIS RAYMOND
  • Previous Owner 2: LEWIS ALEXANDRA
  • Owner Before Previous Owner: CARMICHAEL JAMES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 020621

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 28-80
  • District: O
  • Parcel: 08-8027-0-0005
  • Block: B
  • Lot: 137
  • Municipality: MEMPHIS
  • Latitude: 35.1969
  • Longitude: -89.8896

    Address

  • Full Address: 5207 Oak Meadow Ave
  • Address - House Number: 5207
  • Address - Street Name: Oak Meadow
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C031
  • 4-Digit Zip Code: 5354
  • Zip Code: 38134

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,188

    Appraisal Valuation

  • Standard Deviation: 0.276
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 211,762
  • High Value: 270,228
  • Low Value: 153,297

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $174,250
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Open Lien Mortgage Recording Date: Jul 19, 2023
  • First Open Lien Mortgage Loan Amount: $174,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $143,700
  • Market Land Value: $16,900
  • Market Improvement Value: $126,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,925
  • Assessed Land Value: $4,225
  • Assessed Improvements Value: $31,700

    Sales

  • Current Sale Contract Date: Jul 11, 2023
  • Current Sale Recording Date: Jul 19, 2023
  • Current Sale Transaction ID: 11909647758
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 59419
  • Previous Sale Recording Date: Nov 30, 2021
  • Previous Sale Contract Date: Nov 23, 2021
  • Previous Sale Amount: $180,100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Mortgage Transaction Date: Jul 19, 2023
  • First Mortgage Loan Amount: $174,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: PATRIOT BANK
  • Previous Mortgage Transaction Date: Nov 30, 2021
  • Previous Mortgage Loan Amount: $174,697
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2051

About Frayser - Raleigh PD



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Frequently Asked Questions

What neighborhood is 5207 Oak Meadow Avenue located in?
The 5207 Oak Meadow Avenue is a located in the neighborhood of Stage Park Meadows in Frayser - Raleigh PD, Memphis.
What is the average sales price for listings in 5207 Oak Meadow Avenue?
The average sales price for units in 5207 Oak Meadow Avenue is $0 currently.

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