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5289 Sycamore Grove Lane

5289 Sycamore Grove Lane, Memphis, TN 38120
House in Shelby
Sold Oct 24, 2022
$974,000
$779,200 by Sierra Pacific Mortgage Compan
Mortgage Due Nov 01, 2052
Sold Apr 05, 2022
$974,900
$779,920 by First Horizon Bank
Mortgage Due Apr 01, 2052
5289 Sycamore Grove Lane 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 2021 and is 3 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5289 Sycamore Grove Lane has 5,845 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 1,600 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 16,000 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 attached garage for those who require parking. The garage measured 525 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 B 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. The property was last sold in Oct 17, 2022 for $974,000. That's $152.90 per sqft. Prior to that sales transaction, the property was also sold in Mar 30, 2022 for $974,900. 5289 Sycamore Grove Lane was last assessed in 2022. The total value of the property was assessed at $186,000. Specifically, the land the property is located on was valued at $21,600. While improvements on the property were assessed at a total of $164,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $11,330. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Carport
Garage Parking
Open Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 525
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,000
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 6,370
  • Gross Building Area: 6,370
  • Building Area: 5,845
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,845
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALNUT GROVE HILLS SEC B
  • Land Acres: 0.367
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RIEGER JOSEPH ALLEN
  • Current Owner 2: RIEGER GINGER LEE
  • Previous Owner : SAWYER MATTHEW DAVID
  • Previous Owner 2: SAWYER KIMBERLY ERIN
  • Owner Before Previous Owner: HOLTEL ALEXANDER J
  • Owner Before Previous Owner 2: HOLTEL KELLY B
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 21-4
  • District: O
  • Parcel: 06-8029-0-0007
  • Lot: 30
  • Municipality: MEMPHIS
  • Latitude: 35.1255
  • Longitude: -89.8853

    Address

  • Full Address: 5289 Sycamore Grove Ln
  • Address - House Number: 5289
  • Address - Street Name: Sycamore Grove
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Memphis
  • Carrier Code: C027
  • 4-Digit Zip Code: 2241
  • Zip Code: 38120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,330

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 872,346
  • High Value: 1,066,074
  • Low Value: 678,618

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $779,200
  • First Open Lien Mortgage Lender: SIERRA PACIFIC MORTGAGE COMPAN
  • First Open Lien Mortgage Recording Date: Oct 24, 2022
  • First Open Lien Mortgage Loan Amount: $779,200
  • 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: Nov 01, 2052

    Market Valuation

  • Market Total Value: $744,000
  • Market Land Value: $86,400
  • Market Improvement Value: $657,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $186,000
  • Assessed Land Value: $21,600
  • Assessed Improvements Value: $164,400

    Sales

  • Current Sale Contract Date: Oct 17, 2022
  • Current Sale Recording Date: Oct 24, 2022
  • Current Sale Transaction ID: 11897801480
  • Current Sale Price: $974,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 118107
  • Previous Sale Recording Date: Apr 05, 2022
  • Previous Sale Contract Date: Mar 30, 2022
  • Previous Sale Amount: $974,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIERRA PACIFIC MORTGAGE COMPAN
  • First Mortgage Transaction Date: Oct 24, 2022
  • First Mortgage Loan Amount: $779,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HORIZON BANK
  • Previous Mortgage Transaction Date: Apr 05, 2022
  • Previous Mortgage Loan Amount: $779,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2052

About Memphis



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Frequently Asked Questions

What neighborhood is 5289 Sycamore Grove Lane located in?
The 5289 Sycamore Grove Lane is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 5289 Sycamore Grove Lane?
The average sales price for units in 5289 Sycamore Grove Lane is $0 currently.

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