NOT LISTED FOR SALE

2832 Summerhurst St Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $151,000 - $172,000

4 Beds
2 Baths
1,600-1,799 Sq Ft
$88/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $137,000 $76 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $948/month

60 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Eat-In Kitchen
  • Separate Formal Living Room
  • Den with Fireplace
  • Patio

About This Home

As of November 2023

Great income producer, centrally located, without 4 bedrooms and 2 bathrooms. Two car carport on corner lot. Tenant occupied with tenant rights, please do not disturb. New furnace, coil and condenser 2019, new hot water heater 2017. Professional management company currently in place but not binding for new buyer. No showings without an accepted contract.

Last Listed By

Rob Thompson

Bluff City Realty Group, LLC License #351445 Listed on: 08/22/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $704

Year Built

  • Built in 1964

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 95x121
  • Corner Lot

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,616 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Storage Room
  • Washer and Dryer Hookup
  • Iron Doors
  • Eat-In Kitchen

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Outdoor Features

  • Patio
  • Outdoor Storage

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Summerset Park Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074004 00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$704

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • MLS Map #: 772C
  • MAAR Subdivision Name: SUMMERSET PARK BLK A
  • Number Of Stories: 1
  • Price Per Sq Ft: 84.78
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1616
  • Year Built: 1964
  • List Price/ Sq Ft: 86
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 4
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Wall to Wall Carpet, Tile, Sprayed Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Full Bath

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water

Lot Info

  • Lot Description: Corner
  • Lot Number: 25
  • Acreage: 0.25
  • Lot Size: 95X121
  • Price Per Acre: 556000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 074004 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Nov 9, 2023
Sold by
Grimm Warren M and Grimm Jessica G
Bought by
Ganotra Shivesh
Seller's Agent
Rob Thompson
Bluff City Realty Group, LLC
Buyer's Agent
Julie Cook
REMAX Experts
List Price
$159,000
Sold Price
$137,000
Premium/Discount to List
-$22,000
-13.84%
Total Days on Market
60
Views
62
Current Estimated Value
$158,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,758
Avg. Annual Appreciation
10.21%
Original Mortgage
$102,750
Outstanding Balance
$101,552
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$57,727

Purchase Details

Closed on
Dec 31, 2014
Sold by
Giordano Charles
Bought by
Grimm Warren M and Grimm Jessica G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2013
Sold by
Smith Leopoldina M
Bought by
Gioradano Charles and Grimm Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ganotra Shivesh $137,000 Sure Title
Grimm Warren M -- Coventry Escrow & Title Co L
Gioradano Charles $55,400 Coventry Escrow And Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ganotra Shivesh $102,750
Closed Ganotra Shivesh $102,750
Previous Owner Grimm Warren M $56,250
Previous Owner Gioradano Charles $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2023 11/09/23 Sold $137,000 -1.4% $86 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
09/21/2023 09/21/23 Price Changed $139,000 -12.6% $87 / Sq Ft
08/22/2023 08/22/23 For Sale $159,000 -- $99 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $704 $26,075 $3,775 $22,300
2023 $1,588 $26,075 $3,775 $22,300
2022 $1,588 $26,075 $3,775 $22,300
2021 $1,607 $26,075 $3,775 $22,300
2020 $1,234 $17,025 $3,775 $13,250
2019 $1,234 $17,025 $3,775 $13,250
2018 $1,234 $17,025 $3,775 $13,250
2017 $700 $17,025 $3,775 $13,250
2016 $739 $16,900 $0 $0
2014 $739 $16,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rob Thompson

    Bluff City Realty Group, LLC

    (901) 602-2636

    1 in this area

    35 Total Sales

    Rob Thompson
    Section Image
  • Julie Cook

    Buyer's Agent in 2023

    Julie Cook

    RE/MAX

    (901) 209-1818

    1 in this area

    102 Total Sales

    Julie Cook
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10154971

Memphis Area Association of REALTORS®

APN: 07-4004-0-0001

Tennessee Shelby County Memphis 38118 Parkway Village

2832 Summerhurst St, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 2832 Summerhurst St, Memphis, TN 38118 since 22 August 2023 and is currently estimated at $158,758, approximately $88 per square foot. This property was built in 1964. 2832 Summerhurst St is a home located in Shelby County with nearby schools including Evans Elementary School, Wooddale High School, and Memphis Merit Academy.

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