Rare opportunity to own a private cottage in the highly sought-after Atrium & Cottages at Lutheran Village, a vibrant 55+ independent living community. This well-maintained home features spacious living areas, a flexible bonus room ideal for an office, hobby room, or potential third bedroom, plus a private patio and attached garage. Enjoy a worry-free lifestyle with HOA amenities that include dining package, housekeeping service, basic cable, transportation services, gated security, and 24-hour maintenance. Community amenities include fitness facilities, beauty/barber salon, library, social activities, walking areas, guest accommodations, and restaurant-style dining. Experience the perfect blend of independence, convenience, and community living.
Raleigh, located between Frayser and Bartlett, is a residential and commercial Memphis neighborhood with a broad suburban street grid and long-established civic corridors. The neighborhood’s character concentrates around the Austin Peay Highway and Covington Pike crossroads, where auto shops, local eateries, and everyday retail line wide lanes and big parking lots. The Raleigh Springs Civic Center and Library acts as a community anchor with public programs and meeting space. The Bartlett Performing Arts and Conference Center and Davies Manor Historic Site sit nearby as cultural touchpoints tied to the area’s history and arts calendar. Housing ranges from mid-century ranches to newer subdivisions, with mature trees and deep setbacks shaping the streetscape. Green space and recreation cluster around nearby parks and sports fields, giving the area a practical, outdoors-forward rhythm.
Provided by Walk Score and Local Logic
Offer insights
5033 Scheibler Rd Unit D3 · $149,000
$148K and above
75% chance or better to win
Why $148K+ is a strong offer
DAYS ON MARKET
91 days
The average home goes pending in 66 days.
SALE-TO-LIST
95.5%
Most homes are selling 5% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Five total rooms
One-story layout
Floors/ceilings: Other (see remarks)
Living/Dining/Kitchen: Other (see remarks)
Additional bedroom/bathroom details: Other (see remarks)
Bedrooms
Two bedrooms (both on lower/main level)
Primary bedroom about 12 x 13
Second bedroom about 12 x 15
Bathrooms
Two full bathrooms
Kitchen
Kitchen approximately 9 x 14
Heating & cooling
Heating: Other (see remarks)
Cooling: Other (see remarks)
Exterior features
No pool
Miscellaneous exterior: Other (see remarks)
Exterior/windows: Other (see remarks)
Home design
Attached single-family condominium
Style: Other (see remarks)
Built in 1991
Has termite contract
Existing property
Parking
One covered parking space
Parking/storage: Other (see remarks)
Construction
Year built 1991
Utilities
Acreage about 0.08
HOA & community
Condominium association: Lutheran Village
Monthly maintenance fee approximately $859
Condo amenities: Other (see remarks)
Managed by Lutheran Village
Other
Parcel ID 087076 A00138
Lot identifier UNIT D-3
Area code/section 733A
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 5033 Scheibler Rd Unit D3
Sale History
Tax History
Date
Event
Price
Memphis Area Association of Realtors(R) MLS #10223521
Jul 28, 2026
Price Changed
$149,000
Jun 8, 2026
Listed
$169,000
Memphis Area Association of Realtors(R) MLS #9943731
Jul 30, 2015
Sold
$77,500
Jan 22, 2015
Listed
$105,000
CONDOMINIUM RETIREMENT COMMUNITY FOR ADULTS 55 YEARS OF AGE AND OLDER. ALL MAINTENANCE INCLUDED INSIDE AND OUT, MAID SERVICE, DINNER AVAILABLE, GREAT ACTIVITIES, CABLE INCLUDED AND SO MUCH MORE. CALL TIM FOR MORE DETAILS
Public Records
Jul 27, 1993
Sold
$110,721
Public Records
Nov 6, 1992
Sold
$7,700,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,590 (+7.9%)
$2,675 + $27,500
$30,175
2024
$1,473 (+8.1%)
$2,675 + $27,500
$30,175
2023
$1,363
$2,675 + $19,700
$22,375
2022
$1,363 (−1.2%)
$2,675 + $19,700
$22,375
2021
$1,379 (−14.9%)
$2,675 + $19,700
$22,375
2020
$1,619
$2,675 + $19,700
$22,375
2019
$1,619
$2,675 + $19,675
$22,350
2018
$1,619 (+76.3%)
$2,675 + $19,675
$22,350
2017
$919 (−2.4%)
$2,675 + $19,675
$22,350
2016
$941
$2,675 + $19,675
$22,350
2014
$941
$25 + $21,525
$21,550
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
1,149
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,149
Year built
1993
Style
Condo/Co-op
County
Shelby County
APN
087076 A00138
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
RU-2
Residential Urban-2 District
Residential development in the RU-2 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage), single-family attached (semi-attached, two-family, townhouse), and multifamily (large home, stacked townhouse). New RU-2 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district or are least 500 to 1,000 ft from an arterial.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 110° expected this year, 21 days in 30 years
4/10 Wind Factor
15% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38128
Average low and high temperatures (°F)
46
29
57
36
71
50
78
58
79
62
89
72
93
76
89
70
85
66
77
55
65
48
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5033 Scheibler Rd Unit D3
$146,164
$2,836 under list price of $149K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $61K to $263K.