NOT LISTED FOR SALE

308 Summerwood Ave Memphis, TN 38109

Whitehaven Neighborhood

Estimated Value: $97,000 - $124,000

3 Beds
2 Baths
1,596 Sq Ft
$69/Sq Ft Est. Value

Last Sold September 13, 2013

Last sale price $27,000 $17 Per Sq Ft

Est. 305% increase in value since last sale

Current estimated payment $646/month

40 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • 1-Story Property
  • 1 Fireplace
  • Partially Carpeted

About This Home

As of September 2013

"HUD Home Sold AS-IS" HUD Case # 482-306029 Selling Agent can earn up to 3% depending on bid they submit. Nice large home with 2 bathrooms and 3 big bedrooms! Great floor plan and home has a fireplace! Very convenient location, excellent family home!

Last Agent to Sell the Property

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 03/28/2013

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Vatresa Word

Delta Realty Group LLC License #263209

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $664

Year Built

  • Built in 1967

Lot Details

  • 7,405 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,596 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Porch

Community Details

  • Smith Turley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 076122 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$664

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 767C
  • MAAR Subdivision Name: SMITH & TURLEY
  • Number Of Stories: 1
  • Price Per Sq Ft: 16.92
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1596
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Pantry
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 130
  • Acreage: 0.17

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 076122 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2013
Sold by
First Premier Properties Llc
Bought by
Geiger Graham
Current Estimated Value
$109,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,500
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 28, 2013
Closed on
Sep 16, 2013
Sold by
Mdm Investments Of Memphis Llc
Bought by
First Premier Properties Llc
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Vatresa Word
Delta Realty Group LLC
List Price
$25,000
Sold Price
$27,000
Premium/Discount to List
$2,000
8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%

Purchase Details

Listed on
Mar 28, 2013
Closed on
Sep 9, 2013
Sold by
Donovan Shaun
Bought by
Mdm Investments Of Memphis Llc
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Vatresa Word
Delta Realty Group LLC
List Price
$25,000
Sold Price
$27,000
Premium/Discount to List
$2,000
8%

Purchase Details

Closed on
Nov 14, 2012
Sold by
Dortch Marcus R and Dortch Twanda R
Bought by
Secretary Of Hud

Purchase Details

Closed on
Feb 16, 2012
Sold by
Dortch Twanda R
Bought by
Dortch Marcus R

Purchase Details

Closed on
Dec 18, 1997
Sold by
Mabon Fred and Mabon Carol A
Bought by
Dortch Marcus Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,928
Interest Rate
7.23%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Geiger Graham $51,500 Baymark Title And Escrow
First Premier Properties Llc $30,000 Baymark Title And Escrow
Mdm Investments Of Memphis Llc $27,000 None Available
Secretary Of Hud $74,307 None Available
Dortch Marcus R -- None Available
Dortch Marcus Ray $64,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geiger Graham $54,750
Closed Geiger Graham $51,500
Previous Owner Dortch Marcus Ray $64,928
Previous Owner Mabon Fred $30,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2013 09/13/13 Sold $27,000 +8.0% $17 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $25,000 -- $16 / 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
2025 $664 $34,050 $3,875 $30,175
2024 $664 $19,600 $2,700 $16,900
2023 $1,194 $19,600 $2,700 $16,900
2022 $1,194 $19,600 $2,700 $16,900
2021 $1,208 $19,600 $2,700 $16,900
2020 $1,132 $15,625 $2,700 $12,925
2019 $1,132 $15,625 $2,700 $12,925
2018 $1,132 $15,625 $2,700 $12,925
2017 $642 $15,625 $2,700 $12,925
2016 $661 $15,125 $0 $0
2014 $661 $15,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmie Tapley

    Seller's Agent in 2013

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    16 in this area

    262 Total Sales

    Jimmie Tapley
    Section Image

  • V

    Buyer's Agent in 2013

    Vatresa Word

    Delta Realty Group LLC

    (901) 453-0677

    2 in this area

    16 Total Sales

    Vatresa Word
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3268147

Memphis Area Association of REALTORS®

APN: 07-6122-0-0022

Tennessee Shelby County Memphis 38109 Whitehaven

308 Summerwood Ave, Memphis, TN

This home is located at 308 Summerwood Ave, Memphis, TN 38109 since 28 March 2013 and is currently estimated at $109,424, approximately $68 per square foot. This property was built in 1967. 308 Summerwood Ave is a home located in Shelby County with nearby schools including Geeter School, Freedom Preparatory Academy - Flagship Middle School, and Fairley High School.

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