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5549 Patsy Circle West

5549 Patsy Circle West, Memphis, TN 38125
Property in Lake Village
Sold Jul 06, 2005
$159,500
$156,215 by Phh Mortgage Services Corp
Mortgage Due Jul 01, 2035
Sold Apr 12, 2005
$137,522
5549 Patsy Circle West in Memphis, TN was first built in 1993 and is 31 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. There are a total of 2 floors. 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. 5549 Patsy Circle West has 2,539 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. In total, the area measurement of the land is 10,142 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 420 sqft. There are a total of 2 available parking spaces. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5549 Patsy Circle West was last sold in May 24, 2005 for $159,500. According to our calculations, that's $53.90 per sqft. Prior to that sales transaction, the property was sold for $137,522 in Apr 6, 2005. Current property owners are expected to pay $1,641 in taxes per year. The property on 5549 Patsy Circle West was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $48,400. To break that down further, the land itself was valued at $6,775. While improvements to the property were assessed at a total of $41,625. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,142
  • Total Building Area: 2,959
  • Gross Building Area: 2,959
  • Building Area: 2,539
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,539
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH OAK PD PHASE 2
  • Land Acres: 0.233
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS PATSY CIRCLE W

Ownership

  • Current Owner : FAIR STEPHANIE L
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: ROBINSON BOBBY
  • Owner Before Previous Owner 2: JOHNSTON IOLA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021752

Zoning

  • Zoning: CA

Geography

  • Assessors Map Reference: MB 139-28
  • District: S
  • Parcel: D0-255B-A0-0068
  • Lot: 198
  • Municipality: SHELBY COUNTY
  • Latitude: 34.9969
  • Longitude: -89.82

    Address

  • Full Address: 5549 Patsy Cir W
  • Address - House Number: 5549
  • Street Segment Direction: W
  • Address - Street Name: Patsy
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Memphis
  • Carrier Code: R044
  • 4-Digit Zip Code: 4241
  • Zip Code: 38125

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,641

    Appraisal Valuation

  • Standard Deviation: 0.2113
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 278,927
  • High Value: 337,888
  • Low Value: 219,965

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,215
  • First Open Lien Mortgage Lender: PHH MORTGAGE SERVICES CORP
  • First Open Lien Mortgage Recording Date: Jul 06, 2005
  • First Open Lien Mortgage Loan Amount: $156,215
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2035

    Market Valuation

  • Market Total Value: $193,600
  • Market Land Value: $27,100
  • Market Improvement Value: $166,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,400
  • Assessed Land Value: $6,775
  • Assessed Improvements Value: $41,625

    Sales

  • Current Sale Contract Date: May 24, 2005
  • Current Sale Recording Date: Jul 06, 2005
  • Current Sale Transaction ID: 1175760306
  • Current Sale Price: $159,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 05105719
  • Previous Sale Recording Date: Apr 12, 2005
  • Previous Sale Contract Date: Apr 06, 2005
  • Previous Sale Amount: $137,522
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: PHH MORTGAGE SERVICES CORP
  • First Mortgage Transaction Date: Jul 06, 2005
  • First Mortgage Loan Amount: $156,215
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Jul 01, 2035

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Frequently Asked Questions

What neighborhood is 5549 Patsy Circle West located in?
The 5549 Patsy Circle West is a located in the neighborhood of Lake Village in Lake Village, Memphis.
What is the average sales price for listings in 5549 Patsy Circle West?
The average sales price for units in 5549 Patsy Circle West is $0 currently.

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