When was property at 5424 Lochinvar Drive built and last sold?

The property at 5424 Lochinvar Drive was built in 1959 and last sold on Mar 6, 2023 for $142,000.

How much is this home worth?

The estimated value of the home located at 5424 Lochinvar Drive is $148,369.

What are some comparable homes to 5424 Lochinvar Drive?

Homes that are comparable to 5424 Lochinvar Drive include a house property at 5469 Jordan Drive , 5595 Lochinvar Drive , which are both great to check out.

Memphis

38116

Whitehaven View

5424 LOCHINVAR

1 / 20

Map

$153,491*

● House - Off Market

5424 LOCHINVAR

Memphis, TN 38116

3 Beds

1 Bath

$132,000 - $160,000

Reference Base Price*

4.49%

Since Mar 1, 2023

National-US

Primary Model

Sold Mar 24, 2023

$142,000

Springfield Ray

Buyer

Martinez Mario

Seller

$139,428 by Wolfe Financial, Inc

Mortgage Due Mar 01, 2053

Sold Aug 10, 2022

$75,000

Martinez Mario

Buyer

Ward Cynthia C

Seller

About This Property

Beautiful home has been remodeled in great location. NEW floors, new windows, new countertop, new roof, new carpet. 3 Bedrooms and 1 remodeled bathroom. Just a beautiful freshly painted home, a must SEE! Call to schedule your private showing today.

Unit Size

Days on Market

Land Size

0.30 acres

Price per sqft

Property Type

House

Property Taxes

$81

HOA Dues

Year Built

1959

Price History

Date / Event	Date	Event
Mar 24, 2023	Sold to Ray Springfield	$142,000
Sold to Ray Springfield
Mar 9, 2023	No longer available	-
No longer available
Feb 9, 2023	Listed	$146,900
Listed

	Beautiful home has been remodeled in great location. NEW floors, new windows, new countertop, new roof, new carpet. 3 Bedrooms and 1 remodeled bathroom. Just a beautiful freshly painted home, a must SEE! Call to schedule your private showing today. BEST Real Estate Company
Feb 7, 2023	No longer available	-
No longer available
Jan 5, 2023	Listed	$146,900
Listed
Nov 16, 2022	No longer available	-
No longer available
Sep 23, 2022	Price Decreased	$92,000 ↓ $13K (12.4%)
Price Decreased
Sep 14, 2022	Listed	$105,000
Listed
Aug 10, 2022	Sold to Mario Martinez	$75,000
Sold to Mario Martinez
Jun 11, 2022	No longer available	-
No longer available
Jun 8, 2022	Listed	$54,500
Listed
May 4, 2006	Sold to Cynthia C Ward	$71,000
Sold to Cynthia C Ward

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1959

Effective Year Built: 1959
Building Count: 1
Total Rooms: 5
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Bathroom Plumbing Fixtures: 3
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: Carport
Garage Square Area: 234
Parking Space Count: 1

Dimensions

Lot Size Square Feet: 13,447

Lot Size Depth Feet: 1,030
Lot Size Frontage Feet: 810
Total Building Area: 975
Gross Building Area: 975
Building Area: 975
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: Central air conditioning

Heating: Central heating
Heated Square Feet: 975
Heating Fuel Type: Gas

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: Residential

Subdivision: WHITEHAVEN VIEW 4TH ADDN
Land Acres: 0.309
Standard Land Use Code: Single family residential
Legal Description 1: SS WINFIELD AVE COR LOCHINVAR SR SE

Ownership

Current Owner : SPRINGFIELD RAY

Previous Owner : MARTINEZ MARIO
Owner Before Previous Owner: WARD CYNTHIA C
Is Owner Occupied: Owner-occupied property
Ownership Rights Codes: unknown

Neighborhood

School District Name: Shelby County School District

Census Tract: 022130

Zoning

Zoning: R-8

Geography

Assessors Map Reference: MB 22-28

District: O
Parcel: 07-9159-0-0001
Block: A
Lot: 28
Municipality: MEMPHIS
Latitude: 35.0003
Longitude: -90.0089

Address

Full Address: 5424 Lochinvar Rd

Address - House Number: 5424
Address - Street Name: Lochinvar
Address - Suffix Type: Rd
State: TN
City Name: Memphis
Carrier Code: C028
4-Digit Zip Code: 9055
Zip Code: 38116

Valuation

Tax

Tax Year: 2023

Tax Amount: $1,393
Intital Tax Deliquent Year: 2022

Appraisal Valuation

Standard Deviation: 0.1089

Valuation Date: Jan 17, 2024
Confidence Score: 89
Final Value: 89,092
High Value: 98,803
Low Value: 79,382

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $139,428
First Open Lien Mortgage Lender: WOLFE FINANCIAL, INC
First Open Lien Mortgage Recording Date: Mar 24, 2023
First Open Lien Mortgage Loan Amount: $139,428
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: FHA
First Open Lien Mortgage Loan Due Date: Mar 01, 2053

Market Valuation

Market Total Value: $63,200

Market Land Value: $12,000
Market Improvement Value: $51,200

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $15,800
Assessed Land Value: $3,000
Assessed Improvements Value: $12,800

Sales

Current Sale Contract Date: Mar 06, 2023

Current Sale Recording Date: Mar 24, 2023
Current Sale Transaction ID: 11904095669
Current Sale Price: $142,000
Current Sale Document Type: Warranty Deed
Current Sale Input Document Number: 23562
Previous Sale Recording Date: Aug 10, 2022
Previous Sale Contract Date: Jul 29, 2022
Previous Sale Amount: $75,000
Previous Sale Document Type: Warranty Deed

Last Sale Mortgage

First Mortgage Lender: WOLFE FINANCIAL, INC

First Mortgage Transaction Date: Mar 24, 2023
First Mortgage Loan Amount: $139,428
First Mortgage Terms: 360
First Mortgage Loan Type: FHA
First Mortgage Loan Due Date: Mar 01, 2053

Redact Ownership Info

Comparables

5469 Jordan Drive

Active

House

3 Beds

2 Baths

$149,900 Aug 18, 2022

5595 Lochinvar Drive

Active

House

3 Beds

1 Bath

$125,500 Nov 18, 2022

$82/mo

About Mc Kellar - Whitehaven-Levi PD

Stats & Trends

Median Asking:

$156,850

Sale Price/ft²

Below Asking

0.02%

Average Days on Market

Average Home Size

0 ft²

Average Home Age

55 years

Currently For Sale

40 Listings

Similar Homes for Sale

Unit for sale at 5595 Lochinvar Drive, Memphis, TN 38116

$125,500

3 Beds
1 Bath

5595 Lochinvar Drive, Memphis, TN 38116 Listing by Lloyd Patterson

Unit for sale at 5469 Jordan Drive, Memphis, TN 38116

$149,900

3 Beds
2 Baths

5469 Jordan Drive, Memphis, TN 38116 Listing by Tyler Tapley

Similar Properties

Click here to see other properties in this area.

Nearby Rentals

Unit for rent at 1480 Winfield Ave, Memphis, TN, 38116

$1,175 /mo

3 Beds
1 Bath
1,205 ft²

1480 Winfield Ave #1480 Winfield Ave, Memphis, TN, 38116 Listing by Manager

Unit for rent at 8605 Southaven Circle West, Southaven, MS, 38671

$1,175 /mo

3 Beds
1 Bath
1,100 ft²

8605 Southaven Circle West #8605 Southaven Circle West, Southaven, MS, 38671 Listing by Manager

Unit for rent at 1319 Stateline Rd, Southaven, MS, 38671

$1,200 /mo

3 Beds
1.5 Baths
1,150 ft²

1319 Stateline Rd #1319 Stateline Rd, Southaven, MS, 38671 Listing by Manager

Rentals Near You

Click here to view more rentals in the neighborhood.

5424 LOCHINVAR

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Mc Kellar - Whitehaven-Levi PD

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions