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5277 Shady Grove Road

5277 Shady Grove Road, Memphis, TN 38120
Sold Jan 13, 2016
$430,000
$230,000 by Trustmark National Bank
Mortgage Due Jan 01, 2031
Sold Oct 03, 2001
$310,000
$175,000 by Citimortgage Inc
Mortgage Due Oct 01, 2031
5277 Shady Grove Road in Memphis, TN was first built in 1952 and is 72 years old. Although, the building on the property was most recently renovated and altered in 1966. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5277 Shady Grove Road has 2,952 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,800 ft and the linear feet between the front and back of the lot is 2,080. In total, the area measurement of the land is 37,440 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 546 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 5277 Shady Grove Road was last sold in Dec 30, 2015 for $430,000. According to our calculations, that's $122.93 per sqft. Prior to that sales transaction, the property was sold for $310,000 in Oct 1, 2001. Current property owners are expected to pay $6,628 in taxes per year. The property on 5277 Shady Grove Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $108,800. To break that down further, the land itself was valued at $51,550. While improvements to the property were assessed at a total of $57,250. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1952
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: D
  • 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: Attached
  • Garage Square Area: 546
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 37,440
  • Lot Size Depth Feet: 2,080
  • Lot Size Frontage Feet: 1,800
  • Total Building Area: 3,498
  • Gross Building Area: 3,498
  • Building Area: 2,952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,952
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTVIEW
  • Land Acres: 0.86
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ABEL JEFFREY IAN
  • Current Owner 2: ABEL LAURIE JONES
  • Previous Owner : HAMM PAUL F
  • Previous Owner 2: HAMM CAROL B
  • Owner Before Previous Owner: COWAN ANDREW C
  • Owner Before Previous Owner 2: COWAN SUSAN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009600

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 12-24
  • District: O
  • Parcel: 06-8030-0-0005
  • Lot: 5&6
  • Municipality: MEMPHIS
  • Latitude: 35.1233
  • Longitude: -89.8861

    Address

  • Full Address: 5277 Shady Grove Rd
  • Address - House Number: 5277
  • Address - Street Name: Shady Grove
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C027
  • 4-Digit Zip Code: 2403
  • Zip Code: 38120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,628

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 508,668
  • High Value: 635,191
  • Low Value: 382,145

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,000
  • First Open Lien Mortgage Lender: TRUSTMARK NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jan 13, 2016
  • First Open Lien Mortgage Loan Amount: $230,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2031

    Market Valuation

  • Market Total Value: $435,200
  • Market Land Value: $206,200
  • Market Improvement Value: $229,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $108,800
  • Assessed Land Value: $51,550
  • Assessed Improvements Value: $57,250

    Sales

  • Current Sale Contract Date: Dec 30, 2015
  • Current Sale Recording Date: Jan 13, 2016
  • Current Sale Transaction ID: 1393486978
  • Current Sale Price: $430,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16003810
  • Previous Sale Recording Date: Oct 03, 2001
  • Previous Sale Contract Date: Oct 01, 2001
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUSTMARK NATIONAL BANK
  • First Mortgage Transaction Date: Jan 13, 2016
  • First Mortgage Loan Amount: $230,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE INC
  • Previous Mortgage Transaction Date: Oct 03, 2001
  • Previous Mortgage Loan Amount: $175,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2031

About White Station-Yates



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Frequently Asked Questions

What neighborhood is 5277 Shady Grove Road located in?
The 5277 Shady Grove Road is a located in the neighborhood of White Station-Yates in White Station-Yates, Memphis.
What is the average sales price for listings in 5277 Shady Grove Road?
The average sales price for units in 5277 Shady Grove Road is $0 currently.

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