See Home Value
Memphis 38141
5945 WEDGEWOOD
$209,119*
House - Off Market

5945 WEDGEWOOD

Memphis, TN 38141
bedrooms
3 Beds
bathrooms
2 Baths
$189,000 - $229,000
Reference Base Price*
-0.37%
Since Nov 1, 2023
National-US
Primary Model
Sold Dec 01, 2023
$200,000
Sold Nov 04, 2020
$153,750
$123,000 by Highlands Residential Mortgage
Mortgage Due Dec 01, 2050

About This Property

Rare 2020 built Cash flowing occupied investment opportunity available!! New Construction house built in 2020! Currently rented at $1395. Zestimate rent at $1,509/mo Tenants moved in 12/05/2022 on a lease until 03/31/2024. Professionally managed by Reedy and Company who would like to continue managing. Lease and ledger made available upon request. Do not approach or disturb tenants. No showings without an accepted offer.
Unit Size
-
Days on Market
-
Land Size
0.36 acres
Price per sqft
-
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
2020

Price History

Date / Event Date Event Price
Dec 1, 2023 Sold $200,000
Sold
Oct 17, 2023 No longer available -
No longer available
Jun 6, 2023 Listed $209,900
Listed
Nov 4, 2020 Sold to Cody Fielding $153,750
Sold to Cody Fielding
Feb 11, 2020 Sold to Investment Properties Llc M... $6,500
Sold to Investment Properties Llc M...

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • 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
  • 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: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,812
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 410
  • Total Building Area: 1,936
  • Gross Building Area: 1,936
  • Building Area: 1,495
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,495
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONEYBROOK PHASE II
  • Land Acres: 0.363
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS WEDGEWOOD CV

Ownership

  • Current Owner : FINANCIAL RESOURCES LP
  • Previous Owner : FIELDING CODY
  • Owner Before Previous Owner: MEMPHIS INVESTMENT PROPERTIES II LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: RU-2

Geography

  • Assessors Map Reference: MB 93-43
  • District: O
  • Parcel: 09-3401-B0-0037
  • Lot: 137
  • Municipality: MEMPHIS
  • Latitude: 35.0283
  • Longitude: -89.8654

    Address

  • Full Address: 5945 Wedgewood Cv
  • Address - House Number: 5945
  • Address - Street Name: Wedgewood
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: C024
  • 4-Digit Zip Code: 6937
  • Zip Code: 38141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,520

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 89
  • Final Value: 197,913
  • High Value: 219,484
  • Low Value: 176,342

    Market Valuation

  • Market Total Value: $165,500
  • Market Land Value: $15,300
  • Market Improvement Value: $150,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,375
  • Assessed Land Value: $3,825
  • Assessed Improvements Value: $37,550

    Sales

  • Current Sale Contract Date: Nov 07, 2023
  • Current Sale Recording Date: Dec 01, 2023
  • Current Sale Transaction ID: 11917119568
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 101294
  • Previous Sale Recording Date: Nov 04, 2020
  • Previous Sale Contract Date: Nov 02, 2020
  • Previous Sale Amount: $153,750
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • Previous Mortgage Transaction Date: Nov 04, 2020
  • Previous Mortgage Loan Amount: $123,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$200,000 Jul 22, 2023
-
$175/mo
House
3 Beds
2 Baths
-
$217,000 Jul 20, 2023
-
$164/mo

About Memphis


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Nearby Rentals

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Unit for rent at 5525 Apple Blossom, Memphis, TN, 38115

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Frequently Asked Questions

When was property at 5945 Wedgewood Cove built and last sold?
The property at 5945 Wedgewood Cove was built in 2020 and last sold on Nov 7, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 5945 Wedgewood Cove is $211,999.
What are some comparable homes to 5945 Wedgewood Cove?
Homes that are comparable to 5945 Wedgewood Cove include a house property at 4362 Burnette Place, 6173 Blue Willow Cove, which are both great to check out.

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