Check Availability
Memphis 38120
5740 SHADY GROVE
$849,900
↓ $13K (1.5%)
House - For Sale

5740 SHADY GROVE

Memphis, TN 38120
bedrooms
4 Beds
bathrooms
6 Baths
$5,067
Estimated Monthly
$0
HOA / Fees
1.30%
Cap Rate

About This Property

Beautiful home fully renovated sitting on 1.23 acres. This home is 4 bedrooms 4 full baths and two half baths. The Kitchen has been completely renovated to be made for entertaining or just enjoying everyday family connections.There are 2 masters in home. Every bedroom has its own luxury full bath. If you are looking for a property to make a ton of memories in, look no further. This property is a must see.
Unit Size
-
Days on Market
62 days
Land Size
1.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$894
HOA Dues
-
Year Built
1971
Listed By
Fredrick Sengstacke
Crye-Leike, Inc., REALTORS
Last updated: 17 days ago (MAARTN #10166720)

Price History

Date / Event Date Event Price
Apr 14, 2024 Price Decreased $849,900
↓ $13K (1.5%)
Price Decreased
Apr 11, 2024 Price Decreased $862,900
↓ $2K (0.2%)
Price Decreased
Apr 3, 2024 Price Decreased $864,900
↓ $6K (0.7%)
Price Decreased
Mar 22, 2024 Price Decreased $870,900
↓ $9K (1%)
Price Decreased
Feb 28, 2024 Listed by KAIZEN Realty $879,900
Listed by KAIZEN Realty
Show More

Property Highlights

Fireplace
Air Conditioning
Interior Details

Interior Information

Security System

Fireplace Information

Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Floor Count: 2
  • Basement Area: 0
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 53,709
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 1,720
  • Total Building Area: 4,484
  • Gross Building Area: 4,484
  • Building Area: 4,484
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,484
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: GREENGLADE 2ND
  • Land Acres: 1.233

Ownership

  • Current Owner : OCTOPUS GROUP INC
  • Previous Owner : ROCHELLE S PIERCE REVOCABLE LIVING TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: unknown
  • Vacant Flag Date: Jun 22, 2023

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009600

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 06-8077-0-0035
  • Lot: 89
  • Municipality: MEMPHIS
  • Latitude: 35.124
  • Longitude: -89.8708

    Address

  • Full Address: 5740 Shady Grove Rd
  • Address - House Number: 5740
  • Address - Street Name: Shady Grove
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C036
  • 4-Digit Zip Code: 2319
  • Zip Code: 38120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,724
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 89
  • Final Value: 898,674
  • High Value: 996,621
  • Low Value: 800,726

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,029,600
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Jan 26, 2023
  • First Open Lien Mortgage Loan Amount: $579,600
  • 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: Feb 01, 2053
  • Second Open Lien Mortgage Lender: JVM INVESTMENT CO LP
  • Second Open Lien Mortgage Recording Date: Mar 21, 2022
  • Second Open Lien Mortgage Loan Amount: $450,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: unknown
  • Second Open Lien Mortgage Loan Due Date: Mar 21, 2052

    Market Valuation

  • Market Total Value: $704,200
  • Market Land Value: $296,100
  • Market Improvement Value: $408,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $176,050
  • Assessed Land Value: $74,025
  • Assessed Improvements Value: $102,025

    Sales

  • Current Sale Contract Date: Mar 01, 2022
  • Current Sale Recording Date: Mar 09, 2022
  • Current Sale Transaction ID: 11881041520
  • Current Sale Price: $450,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 27197

    Last Sale Mortgage

  • First Mortgage Lender: JVM INVESTMENT GROUP LLC
  • First Mortgage Transaction Date: Mar 09, 2022
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Memphis


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Nearby Rentals

Unit for rent at 1242 Wilbec, Memphis, TN, 38117

$1,795 /mo

  • 3 Beds
  • 1 Bath
1242 Wilbec, Memphis, TN, 38117 Listing by Linda Sowell


Frequently Asked Questions

When was property at 5740 Shady Grove Road built and last sold?
The property at 5740 Shady Grove Road was built in 1971 and last sold on Mar 1, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 5740 Shady Grove Road is $888,699.
What are some comparable homes to 5740 Shady Grove Road?
There are currently no comparable homes to 5740 Shady Grove Road.

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