Check Availability
Memphis 38120
5511 MELVIN
$327,500
House - For Sale

5511 MELVIN

Memphis, TN 38120
bedrooms
4 Beds
bathrooms
2 Baths
Upcoming Open House
10AM - 1PM, Sun, May 5 -
Book now
$1,913
Estimated Monthly
$0
HOA / Fees
5.46%
Cap Rate

About This Property

Nestled in East Memphis, this charming 4-bed, 2-bath home boasts hardwood floors throughout and a great kitchen with ample storage. The split bedroom plan offers privacy, with a spacious primary bedroom featuring a sitting area, walk-in closet and private bath, while three additional bedrooms share a full bath. Outside, a huge fenced backyard includes a workshop, storage building, and firepit area, perfect for relaxation and entertainment. White Station Middle and High School. Richland Elem.
Unit Size
-
Days on Market
12 days
Land Size
0.32 acres
Price per sqft
-
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1952
Listed By
Last updated: 21 hours ago (MAARTN #10170598)

Price History

Date / Event Date Event Price
Apr 22, 2024 Listed by RE/MAX Real Estate Experts $327,500
Listed by RE/MAX Real Estate Experts
May 14, 2015 Sold to Jennifer Harper, Kevin Harper $167,000
Sold to Jennifer Harper, Kevin Harper

Property Highlights

Air Conditioning
Interior Details

Interior Information

Security System

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Floor Count: 1
  • Basement Area: 0
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,021
  • Gross Building Area: 2,021
  • Building Area: 1,781
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,781
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: MARY LOU HEIGHTS
  • Land Acres: 0.321

Ownership

  • Current Owner : HARPER KEVIN
  • Current Owner 2: HARPER JENNIFER
  • Previous Owner : HERR MARK D
  • Owner Before Previous Owner: HERR BARBARA A
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009202

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 06-8053-0-0003
  • Lot: 130
  • Municipality: MEMPHIS
  • Latitude: 35.1362
  • Longitude: -89.8782

    Address

  • Full Address: 5511 Melvin Rd
  • Address - House Number: 5511
  • Address - Street Name: Melvin
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C028
  • 4-Digit Zip Code: 1734
  • Zip Code: 38120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,650

    Appraisal Valuation

  • Standard Deviation: 0.2412
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 322,752
  • High Value: 400,605
  • Low Value: 244,898

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $167,000
  • First Open Lien Mortgage Lender: MAGNA BANK
  • First Open Lien Mortgage Recording Date: May 14, 2015
  • First Open Lien Mortgage Loan Amount: $167,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2045

    Market Valuation

  • Market Total Value: $239,700
  • Market Land Value: $44,100
  • Market Improvement Value: $195,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,925
  • Assessed Land Value: $11,025
  • Assessed Improvements Value: $48,900

    Sales

  • Current Sale Contract Date: May 01, 2015
  • Current Sale Recording Date: May 14, 2015
  • Current Sale Transaction ID: 1217660595
  • Current Sale Price: $167,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 15045238
  • Previous Sale Recording Date: Sep 16, 2010
  • Previous Sale Contract Date: Jul 29, 2010
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: MAGNA BANK
  • First Mortgage Transaction Date: May 14, 2015
  • First Mortgage Loan Amount: $167,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Jun 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: BARTLETT MORTGAGE INC
  • Previous Mortgage Transaction Date: Sep 16, 2010
  • Previous Mortgage Loan Amount: $119,632
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Aug 01, 2040

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
-
$279,000 Feb 17, 2024
-
$261/mo
House
3 Beds
2 Baths
-
$310,000 Feb 7, 2024
-
$372/mo
House
3 Beds
2 Baths
-
$331,900 Mar 7, 2024
-
$308/mo
House
3 Beds
2 Baths
-
$355,000 Mar 22, 2024
-
$346/mo
House
3 Beds
2.5 Baths
-
$330,000 Apr 10, 2024
-
$371/mo
House
3 Beds
2 Baths
-
$349,900 Apr 5, 2024
-
$310/mo
House
3 Beds
2.5 Baths
-
$350,000 Mar 29, 2024
-
$370/mo
House
3 Beds
2 Baths
-
$299,900 Apr 8, 2024
-
$272/mo
House
3 Beds
2 Baths
-
$299,900 Mar 5, 2024
-
$389/mo
House
3 Beds
2 Baths
-
$275,000 Oct 20, 2022
-
-

About Memphis


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Frequently Asked Questions

When was property at 5511 Melvin Road built and last sold?
The property at 5511 Melvin Road was built in 1952 and last sold on May 1, 2015 for $167,000.
How much is this home worth?
The estimated value of the home located at 5511 Melvin Road is $330,775.
What are some comparable homes to 5511 Melvin Road?
Homes that are comparable to 5511 Melvin Road include a house property at 5251 Sequoia Avenue, 5367 Brenton Avenue, 5382 East Maxima Cove.

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