See Home Value
Memphis 38115
5581 TULIP TREE DR
$119,604*
House - Off Market

5581 TULIP TREE DR

Memphis, TN 38115
bedrooms
3 Beds
bathrooms
2 Baths
$104,000 - $126,000
Reference Base Price*
4.00%
Since Oct 1, 2022
National-US
Primary Model
Sold Sep 22, 2022
$115,000
$112,917 by Mortgage Investors Group
Mortgage Due Oct 01, 2052
Sold Jul 21, 2003
$42,000

About This Property

For more information, contact Juliette Moore at . Visit http://www.crye-leike.com/memphis/10129798 to view more pictures of this property. Great Zero Lot Townhome ~ 3 bedrooms/2 full baths ~ Primary bedroom downstairs with large walk-in closet ~ Vaulted Ceilings in the living room ~ Large great room with fireplace ~ Outside storage ~ Occupied by tenant ~ Please do not disturb tenant ~ Drive by only and make an offer contingent on viewing the home ~ Selling "as-is." ~ Proof of Funds required.
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1983

Price History

Date / Event Date Event Price
Sep 22, 2022 Sold to Marisa L Thomas $115,000
Sold to Marisa L Thomas
Sep 11, 2022 No longer available -
No longer available
Aug 20, 2022 In contract -
In contract
Aug 5, 2022 Price Increased $115,000
↑ $10K (9.5%)
Price Increased
Jul 28, 2022 Listed $105,000
Listed
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,970
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 270
  • Total Building Area: 1,924
  • Gross Building Area: 1,924
  • Building Area: 1,924
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,924
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HEATHER RIDGE PUD PHASE 1
  • Land Acres: 0.068
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS TULIP TREE DR 46.635 W OF WAX MYRTLE DR

Ownership

  • Current Owner : THOMAS MARISA L
  • Previous Owner : NGUYEN TEKLE TUYET
  • Owner Before Previous Owner: BANK ONE NA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021731

Zoning

  • Zoning: RU-3

Geography

  • Assessors Map Reference: MB 89-7
  • District: O
  • Parcel: 09-3417-P0-0031
  • Lot: 31
  • Municipality: MEMPHIS
  • Latitude: 35.0481
  • Longitude: -89.8774

    Address

  • Full Address: 5581 Tulip Tree Dr
  • Address - House Number: 5581
  • Address - Street Name: Tulip Tree
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C021
  • 4-Digit Zip Code: 4877
  • Zip Code: 38115

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,022

    Appraisal Valuation

  • Standard Deviation: 0.2587
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 122,311
  • High Value: 153,955
  • Low Value: 90,667

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $119,817
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Open Lien Mortgage Recording Date: Sep 22, 2022
  • First Open Lien Mortgage Loan Amount: $112,917
  • 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: Oct 01, 2052
  • Second Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP
  • Second Open Lien Mortgage Recording Date: Sep 22, 2022
  • Second Open Lien Mortgage Loan Amount: $6,900
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $67,100
  • Market Land Value: $12,000
  • Market Improvement Value: $55,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,775
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $13,775

    Sales

  • Current Sale Contract Date: Sep 20, 2022
  • Current Sale Recording Date: Sep 22, 2022
  • Current Sale Transaction ID: 11896122339
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 106968
  • Previous Sale Recording Date: Jul 21, 2003
  • Previous Sale Contract Date: Jun 18, 2003
  • Previous Sale Amount: $42,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Mortgage Transaction Date: Sep 22, 2022
  • First Mortgage Loan Amount: $112,917
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2052
  • Second Mortgage Loan Amount: $6,900



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,325 ft²
$82/ft²
$109,000 Feb 23, 2021
-
$1,247/mo

About Memphis


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Frequently Asked Questions

When was property at 5581 Tulip Tree Drive built and last sold?
The property at 5581 Tulip Tree Drive was built in 1983 and last sold on Sep 20, 2022 for $115,000.
How much is this home worth?
The estimated value of the home located at 5581 Tulip Tree Drive is $116,150.
What are some comparable homes to 5581 Tulip Tree Drive?
There are currently no comparable homes to 5581 Tulip Tree Drive.

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