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5738 Ashridge Place

5738 Ashridge Place, Memphis, TN 38141
House in Shelby
Sold Jan 08, 2020
$129,900
$88,114 by Colony American Finance Lender
Mortgage Due Jan 01, 2050
Sold Oct 24, 2019
$69,000
5738 Ashridge Place has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 1988 and is 36 years old. However, we must point out that the home was most recently renovated and altered in 2013. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5738 Ashridge Place has 1,310 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,685 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 190 sqft. According to our sources, there are a total of 5 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of composition shingle. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery 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, 5738 Ashridge Place sold most recently in Dec 30, 2019 for a total of $129,900. If you work out the math, that's approximately a cost of $99.16 per sqft. Before that, the property was also sold for $69,000 in Oct 23, 2019. 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 $2,135 in taxes each year. 5738 Ashridge Place was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $35,050. If we break it down further, the land itself was valued at $3,650. Improvements to the property, however, were assessed at a total of $31,400. 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. 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.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.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 190
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 11,685
  • Lot Size Depth Feet: 1,200
  • Total Building Area: 1,310
  • Gross Building Area: 1,310
  • Building Area: 1,310
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,310
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGEWAY ESTATES WEST 3RD ADDN SEC A
  • Land Acres: 0.268
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS ASHRIDGE PL COR BURNETTE PL (NE)

Ownership

  • Current Owner : SHAPIRO BARRY IRA
  • Current Owner 2: SHAPIRO MAHNAZ
  • Previous Owner : REI NATION LLC
  • Owner Before Previous Owner: LANDCASTLE PROPERTY LLC

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021759

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MB 118-40
  • District: O
  • Parcel: 09-3402-C0-0001
  • Lot: 1
  • Municipality: MEMPHIS
  • Latitude: 35.0275
  • Longitude: -89.8722

    Address

  • Full Address: 5738 Ashridge Pl
  • Address - House Number: 5738
  • Address - Street Name: Ashridge
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Memphis
  • Carrier Code: R030
  • 4-Digit Zip Code: 6848
  • Zip Code: 38141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,135

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 422,609
  • High Value: 614,815
  • Low Value: 230,402

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $88,114
  • First Open Lien Mortgage Lender: COLONY AMERICAN FINANCE LENDER
  • First Open Lien Mortgage Recording Date: Jan 08, 2020
  • First Open Lien Mortgage Loan Amount: $88,114
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $140,200
  • Market Land Value: $14,600
  • Market Improvement Value: $125,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,050
  • Assessed Land Value: $3,650
  • Assessed Improvements Value: $31,400

    Sales

  • Current Sale Contract Date: Dec 30, 2019
  • Current Sale Recording Date: Jan 08, 2020
  • Current Sale Transaction ID: 11713934802
  • Current Sale Price: $129,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20002453
  • Previous Sale Recording Date: Oct 24, 2019
  • Previous Sale Contract Date: Oct 23, 2019
  • Previous Sale Amount: $69,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COLONY AMERICAN FINANCE LENDER
  • First Mortgage Transaction Date: Jan 08, 2020
  • First Mortgage Loan Amount: $88,114
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

About Memphis



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Nearby Rentals

Unit for rent at

$1,225 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,329 ft²
Listing by Manager
Unit for rent at

$1,335 /mo

  • 3 Beds
  • 2 Baths
  • 1,103 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 5738 Ashridge Place located in?
The 5738 Ashridge Place is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 5738 Ashridge Place?
The average sales price for units in 5738 Ashridge Place is $68,888 currently.

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