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5354 Flowering Peach Drive

5354 Flowering Peach Drive, Memphis, TN 38115
Property in Shelby
Local assessors in Memphis, TN have categorized 5354 Flowering Peach Drive as a commercial type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 86,335 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5354 Flowering Peach Drive has a total of 4,360 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 5354 Flowering Peach Drive is a 2 code building. This code stands for "buildings that have fireproofed reinforced concrete frames carrying all wall, floor and roof loads which are all non-combustible.". Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with steel control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - E. Lots of metal were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's electric heaters is the primary heating source and it is being fueled with electricity. 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, 5354 Flowering Peach Drive was last sold in Oct 30, 2018 for $210,000. According to our calculations, that's $48.17 per sqft. Prior to that sales transaction, the property was sold for $110,500 in May 8, 2015. Current property owners are expected to pay $4,313 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 5354 Flowering Peach Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $70,800. To break that down further, the land itself was valued at $38,880. While improvements to the property were assessed at a total of $31,920. 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. 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. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: E
  • Construction Type: Steel
  • Exterior Walls Type: Metal
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 86,335
  • Total Building Area: 4,360
  • Gross Building Area: 4,360
  • Building Area: 4,360
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Electric
  • Heated Square Feet: 4,360
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Fireproof reinforced concrete frames/Non-combustible materials
  • Property Class: Commercial
  • Subdivision: WINDENHALL 5TH ADDN
  • Land Acres: 1.982
  • Standard Land Use Code: Auto repair, auto parts, garage
  • Legal Description 1: ES MENDENHALL RD

Ownership

  • Current Owner : FLORES ALJANDRO
  • Current Owner 2: ZAMORA VICTOR
  • Previous Owner : 3 ARROW INVESTMENTS NO 1 LTD
  • Owner Before Previous Owner: RENASANT BANK
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021731

Zoning

  • Zoning: CMU-1

Geography

  • Assessors Map Reference: MB 83-6
  • District: O
  • Parcel: 09-3417-M0-0007
  • Lot: 7
  • Municipality: MEMPHIS
  • Latitude: 35.0448
  • Longitude: -89.8849

    Address

  • Full Address: 5354 Flowering Peach Dr
  • Address - House Number: 5354
  • Address - Street Name: Flowering Peach
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C083
  • 4-Digit Zip Code: 5924
  • Zip Code: 38115

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,313
  • Intital Tax Deliquent Year: 2021

    Market Valuation

  • Market Total Value: $177,000
  • Market Land Value: $97,200
  • Market Improvement Value: $79,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $70,800
  • Assessed Land Value: $38,880
  • Assessed Improvements Value: $31,920

    Sales

  • Current Sale Contract Date: Oct 30, 2018
  • Current Sale Recording Date: Nov 08, 2018
  • Current Sale Transaction ID: 11529831969
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18115592
  • Previous Sale Recording Date: May 14, 2015
  • Previous Sale Contract Date: May 08, 2015
  • Previous Sale Amount: $110,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: 3 ARRO INVESTMENTS NO 1 LTD
  • First Mortgage Transaction Date: Nov 08, 2018
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2023

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Frequently Asked Questions

What neighborhood is 5354 Flowering Peach Drive located in?
The 5354 Flowering Peach Drive is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 5354 Flowering Peach Drive?
The average sales price for units in 5354 Flowering Peach Drive is $0 currently.

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