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5548 Barfield Road

5548 Barfield Road, Memphis, TN 38120
Property in Shelby
Sold Jul 23, 2019
$309,000
$299,730 by Paragon Bank
Mortgage Due Aug 01, 2049
Sold Mar 16, 2017
$253,000
$202,400 by Everett Financial Inc
Mortgage Due Apr 01, 2047
5548 Barfield Road in Memphis, TN was first built in 1957 and is 67 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5548 Barfield Road has 2,047 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 11,200 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a detached garage. The garage is 460 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5548 Barfield Road sold most recently in Jul 19, 2019 for a total of $309,000. If you work out the math, that's approximately a cost of $150.95 per sqft. Before that, the property was also sold for $253,000 in Mar 16, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,273 in taxes each year. 5548 Barfield Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $70,150. If we break it down further, the land itself was valued at $19,125. Improvements to the property, however, were assessed at a total of $51,025. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: A
  • 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: Detached
  • Garage Square Area: 460
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,200
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,047
  • Gross Building Area: 2,047
  • Building Area: 2,047
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,047
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SYLVAN HILLS
  • Land Acres: 0.257
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TORTORICH FRANCES DIANA
  • Current Owner 2: TORTORICH ANDREW COLLIN
  • Previous Owner : WRIGHT CROSBY SCOTT SIMPSON
  • Previous Owner 2: WRIGHT CROSBY MADELYN
  • Owner Before Previous Owner: HAMMOND ANDREW WADE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 06-8051-0-0018
  • Lot: 18
  • Municipality: MEMPHIS
  • Latitude: 35.1342
  • Longitude: -89.8769

    Address

  • Full Address: 5548 Barfield Rd
  • Address - House Number: 5548
  • Address - Street Name: Barfield
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C028
  • 4-Digit Zip Code: 1958
  • Zip Code: 38120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,273

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 364,338
  • High Value: 454,962
  • Low Value: 273,715

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $299,730
  • First Open Lien Mortgage Lender: PARAGON BANK
  • First Open Lien Mortgage Recording Date: Jul 23, 2019
  • First Open Lien Mortgage Loan Amount: $299,730
  • 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: Aug 01, 2049

    Market Valuation

  • Market Total Value: $280,600
  • Market Land Value: $76,500
  • Market Improvement Value: $204,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $70,150
  • Assessed Land Value: $19,125
  • Assessed Improvements Value: $51,025

    Sales

  • Current Sale Contract Date: Jul 19, 2019
  • Current Sale Recording Date: Jul 23, 2019
  • Current Sale Transaction ID: 11628219905
  • Current Sale Price: $309,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19073644
  • Previous Sale Recording Date: Mar 16, 2017
  • Previous Sale Contract Date: Mar 16, 2017
  • Previous Sale Amount: $253,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAGON BANK
  • First Mortgage Transaction Date: Jul 23, 2019
  • First Mortgage Loan Amount: $299,730
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: EVERETT FINANCIAL INC
  • Previous Mortgage Transaction Date: Mar 16, 2017
  • Previous Mortgage Loan Amount: $202,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2047

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Frequently Asked Questions

What neighborhood is 5548 Barfield Road located in?
The 5548 Barfield Road is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 5548 Barfield Road?
The average sales price for units in 5548 Barfield Road is $0 currently.

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