See Home Value
$158,000 - $192,000
House - Off Market

5375 COTTONWOOD

Memphis, TN 38115
bedrooms
4 Beds
bathrooms
2 Baths
Sold Mar 13, 2024
$156,000
Sold May 23, 2019
$91,500
$73,200 by Cogent Bank
Mortgage Due Jun 01, 2049

About This Property

Single family residential property. This property is ideal for both homeowners as well as an exceptional opportunity for investors.  Whether you're looking to expand your rental portfolio or purchase your family home, this property is a gem. All appliances belong to tenant and do not convey with the sale.
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$173
HOA Dues
-
Year Built
1961

Price History

Date / Event Date Event Price
Mar 13, 2024 Sold to Homes Of Memphis Llc Baraka $156,000
Sold to Homes Of Memphis Llc Baraka
Mar 8, 2024 No longer available -
No longer available
Feb 15, 2024 In contract -
In contract
Feb 2, 2024 Listed $175,000
Listed
May 23, 2019 Sold to Dennis Votaw $91,500
Sold to Dennis Votaw
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Fair
  • Building Quality: A
  • 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: Carport
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,369
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 760
  • Total Building Area: 2,533
  • Gross Building Area: 2,533
  • Building Area: 2,533
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,533
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOX MEADOWS
  • Land Acres: 0.238
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BARAKA HOMES OF MEMPHIS LLC
  • Previous Owner : VOTAW DENNIS
  • Owner Before Previous Owner: STERLING CAROLYN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010720

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 07-4086-0-0004
  • Block: A-1
  • Lot: 100
  • Municipality: MEMPHIS
  • Latitude: 35.0686
  • Longitude: -89.8843

    Address

  • Full Address: 5375 Cottonwood Rd
  • Address - House Number: 5375
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C089
  • 4-Digit Zip Code: 2214
  • Zip Code: 38115

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,079

    Appraisal Valuation

  • Standard Deviation: 0.1086
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 89
  • Final Value: 170,928
  • High Value: 189,493
  • Low Value: 152,364

    Market Valuation

  • Market Total Value: $136,500
  • Market Land Value: $20,000
  • Market Improvement Value: $116,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,125
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $29,125

    Sales

  • Current Sale Contract Date: Mar 07, 2024
  • Current Sale Recording Date: Mar 13, 2024
  • Current Sale Transaction ID: 11922510700
  • Current Sale Price: $156,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20695
  • Previous Sale Recording Date: May 23, 2019
  • Previous Sale Contract Date: May 14, 2019
  • Previous Sale Amount: $91,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: COGENT BANK
  • Previous Mortgage Transaction Date: May 23, 2019
  • Previous Mortgage Loan Amount: $73,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
1.5 Baths
-
$176,000 Jan 1, 2024
-
$134/mo
House
4 Beds
2 Baths
-
$148,000 Aug 18, 2023
-
$131/mo
House
5 Beds
3 Baths
-
$179,900 Feb 4, 2024
-
$190/mo
House
3 Beds
2 Baths
-
$149,000 Jan 30, 2024
-
$161/mo
Townhouse
3 Beds
2.5 Baths
-
$140,000 Dec 8, 2023
-
$77/mo

About Southeast Memphis


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Frequently Asked Questions

When was property at 5375 Cottonwood Road built and last sold?
The property at 5375 Cottonwood Road was built in 1961 and last sold on Mar 7, 2024 for $156,000.
How much is this home worth?
The estimated value of the home located at 5375 Cottonwood Road is $176,750.
What are some comparable homes to 5375 Cottonwood Road?
Homes that are comparable to 5375 Cottonwood Road include a house property at 2836 Clearbrook Street, 3079 Castleman Street, 3146 Estes Street.

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