When was property at 5432 Magnolia Grove built and last sold?

The property at 5432 Magnolia Grove was built in 1985 and last sold on Jan 11, 2024 for $560,000.

How much is this home worth?

The estimated value of the home located at 5432 Magnolia Grove is $631,250.

What are some comparable homes to 5432 Magnolia Grove?

Homes that are comparable to 5432 Magnolia Grove include a house property at 5305 North Clover Drive , 1090 Hanna , 816 Eaton Street .

Memphis

38120

White Station-Yates

5432 MAGNOLIA GROVE

1 / 36

Map

$540,000 - $660,000

● House - Off Market

5432 MAGNOLIA GROVE

Memphis, TN 38120

4 Beds

4 Baths

Sold Jan 25, 2024

$560,000

Feng Ruopeng Zhang Jingjing

Buyer

Mccrary Victoria Efird

Seller

$260,000 by First Horizon Bank

Mortgage Due Feb 01, 2054

Sold Nov 01, 2022

$600,000

Efird Victoria

Buyer

Maxwell Joy L

Seller

$470,000 by First Horizon Bank

Mortgage Due Nov 01, 2052

About This Property

Exceptional Home is in a private gated community. Top-of-the-line appliances, beautiful hrdwd flrs, plantation shutters, 9' ceilings down & 10' in den. The kitchen has a walnut island, and the primary bedroom suite has an incredible closet & separate shoe cabinet. Most of the interior has been painted in the past year. The roof is only 3 y old. Yard has been professionally landscaped. Large bonus room can also can be used as 4th bedroom. SELLER WILL PAY $6000 OF BUYERS CLOSING COSTS!

Unit Size

Days on Market

Land Size

0.26 acres

Price per sqft

Property Type

House

Property Taxes

$640

HOA Dues

Year Built

1985

Price History

Date / Event	Date	Event
Jan 25, 2024	Sold to Jingjing Zhang, Ruopeng Feng	$560,000
Sold to Jingjing Zhang, Ruopeng Feng
Jan 6, 2024	No longer available	-
No longer available
Dec 16, 2023	In contract	-
In contract
Nov 30, 2023	Price Decreased	$600,000 ↓ $25K (4%)
Price Decreased
Oct 24, 2023	Price Decreased	$625,000 ↓ $25K (3.9%)
Price Decreased
Oct 6, 2023	Listed	$650,000
Listed
Nov 1, 2022	Sold to Victoria Efird	$600,000
Sold to Victoria Efird
Jun 10, 2020	Sold to Joy L Maxwell	$500,000
Sold to Joy L Maxwell

Property Highlights

Fireplace

Air Conditioning

Building Info

Overview

General

Year Built: 1985

Effective Year Built: 1985
Building Count: 1
Total Rooms: 9
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 13
Building Condition: Average
Building Quality: B
Construction Type: Frame
Building Style: Traditional
Exterior Walls Type: Combination
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: 529
Parking Space Count: 2

Dimensions

Lot Size Square Feet: 10,685

Lot Size Depth Feet: 1,500
Lot Size Frontage Feet: 950
Total Building Area: 4,561
Gross Building Area: 4,561
Building Area: 4,032
Building Area Measurement: Living Area

Heating and Cooling

Fireplace Count: 1

Air Conditioning: Central air conditioning
Heating: Central heating
Heated Square Feet: 4,032
Heating Fuel Type: Gas

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: Residential

Subdivision: MAGNOLIA GROVE PUD
Land Acres: 0.245
Standard Land Use Code: Planned unit development (pud residential)
Legal Description 1: NS MAGNOLIA GROVE PD COR VALLEYBROOK DR (NE) SEE MAP GRID# 125 G

Ownership

Current Owner : FENG RUOPENG

Current Owner 2: ZHANG JINGJING
Previous Owner : MCCRARY VICTORIA EFIRD
Owner Before Previous Owner: MAXWELL JOY L
Is Owner Occupied: Owner-occupied property
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 235-042

District: O
Parcel: 05-6051-A0-0001
Lot: 1
Municipality: MEMPHIS
Latitude: 35.1088
Longitude: -89.8809

Address

Full Address: 5432 Magnolia Grv

Address - House Number: 5432
Address - Street Name: Magnolia
Address - Suffix Type: Grv
State: TN
City Name: Memphis
Carrier Code: C078
4-Digit Zip Code: 2850
Zip Code: 38120

Valuation

Tax

Tax Year: 2023

Tax Amount: $7,679

Appraisal Valuation

Standard Deviation: 0.1089

Valuation Date: Jan 27, 2024
Confidence Score: 89
Final Value: 602,326
High Value: 667,974
Low Value: 536,677

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $260,000
First Open Lien Mortgage Lender: FIRST HORIZON BANK
First Open Lien Mortgage Recording Date: Jan 25, 2024
First Open Lien Mortgage Loan Amount: $260,000
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: Feb 01, 2054

Market Valuation

Market Total Value: $504,200

Market Land Value: $94,500
Market Improvement Value: $409,700

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $126,050
Assessed Land Value: $23,625
Assessed Improvements Value: $102,425

Sales

Current Sale Contract Date: Jan 11, 2024

Current Sale Recording Date: Jan 25, 2024
Current Sale Transaction ID: 11919667298
Current Sale Price: $560,000
Current Sale Document Type: Warranty Deed
Current Sale Input Document Number: 6435
Previous Sale Recording Date: Nov 01, 2022
Previous Sale Contract Date: Oct 31, 2022
Previous Sale Amount: $600,000
Previous Sale Document Type: Warranty Deed

Last Sale Mortgage

First Mortgage Lender: FIRST HORIZON BANK

First Mortgage Transaction Date: Jan 25, 2024
First Mortgage Loan Amount: $260,000
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional
First Mortgage Loan Due Date: Feb 01, 2054

Previous Mortgages

Previous Mortgage Lender: FIRST HORIZON BANK

Previous Mortgage Transaction Date: Nov 01, 2022
Previous Mortgage Loan Amount: $470,000
Previous Mortgage Term: 360
Previous Mortgage Loan Type: New Conventional
Previous Mortgage Loan Due Date: Nov 01, 2052

Redact Ownership Info

Comparables

5305 North Clover Drive

Active

House

4 Beds

2.5 Baths

$549,000 Nov 10, 2023

$565/mo

1090 Hanna

Active

House

4 Beds

3 Baths

$499,900 Nov 17, 2023

$394/mo

816 Eaton Street

Active

House

5 Beds

3 Baths

$549,900 Aug 2, 2023

$548/mo

5726 Herald Square

Active

House

5 Beds

3.5 Baths

$625,000 Sep 2, 2023

$691/mo

About White Station-Yates

Stats & Trends

Median Asking:

$412,000

Sale Price/ft²

Below Asking

0.05%

Average Days on Market

Average Home Size

0 ft²

Average Home Age

61 years

Currently For Sale

3 Listings

Similar Homes for Sale

Unit for sale at 5726 Herald Square, Memphis, TN 38120

$625,000

5 Beds
3.5 Baths

5726 Herald Square, Memphis, TN 38120 Listing by Sherry Harbur

Unit for sale at 816 Eaton Street, Memphis, TN 38120

$549,900

5 Beds
3 Baths

816 Eaton Street, Memphis, TN 38120 Listing by Mary Grayson Fauser

Unit for sale at 1090 Hanna, Memphis, TN 38119

$499,900

4 Beds
3 Baths

1090 Hanna, Memphis, TN 38119 Listing by Dewey Dillard

Similar Properties

Click here to see other properties in this area.

Nearby Rentals

Unit for rent at 5400 Park, Memphis, TN, 38119

$1,900 /mo

1 Bed
1 Bath

5400 Park #206, Memphis, TN, 38119 Listing by Frank Pereira

Unit for rent at 4935 Southern Cove, Memphis, TN, 38117

$2,100 /mo

3 Beds
1 Bath

4935 Southern Cove, Memphis, TN, 38117 Listing by Manager

Rentals Near You

Click here to view more rentals in the neighborhood.

5432 MAGNOLIA GROVE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About White Station-Yates

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions