NOT LISTED FOR SALE

4041 Chelsea Avenue Extension Memphis, TN 38108

Douglass Neighborhood

Estimated Value: $69,000 - $99,000

3 Beds
1 Bath
100-999 Sq Ft
$78/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $17,500 $18 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $435/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of September 2015

This 3 Bedroom 1 Bath Home is OCCUPIED, income-producing, turn-key rental property. Please do not disturb tenants! Current Rent is $549 per mo. Property is to be conveyed in - AS IS - condition, 7 Additional Properties Available. Call for details. Investor Purchase only. Make offers contingent upon interior inspection. Drive by only – Please do not disturb tenants.

Last Agent to Sell the Property

Francis Hughes

Crye-Leike, Inc., REALTORS License #280846 Listed on: 04/23/2015

Crye-Leike, Inc., REALTORS

Co-Listed By

Joann Hughes

Crye-Leike, Inc., REALTORS License #287270

Last Buyer's Agent

James Anson Underwood

Crye-Leike, Inc., REALTORS License #296115

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $312

Year Built

  • Built in 1951

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 715 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport

Utilities

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

Community Details

  • Kee C M A,B&C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053041 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$312

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: C M KEE
  • List Price Per Sq Ft: 34
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 715
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1

Utilities

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

Lot Info

  • Lot Number: 6
  • Acreage: 0.14
  • Lot Size: Acre .14

Tax Info

  • Assessor Parcel Number: 053041 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2015
Closed on
Sep 30, 2015
Sold by
Cgw Enterprises Llc
Bought by
Wolf River Properties Ll
Seller's Agent
Francis Hughes
Crye-Leike, Inc., REALTORS
Buyer's Agent
James Anson Underwood
Crye-Leike, Inc., REALTORS
List Price
$24,495
Sold Price
$17,500
Premium/Discount to List
-$6,995
-28.56%
Current Estimated Value
$78,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,671
Avg. Annual Appreciation
16.01%

Purchase Details

Closed on
May 16, 2000
Sold by
Wheeler Tommy J and Wheeler Joann Mary
Bought by
Wilkes Carl Gary
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
Wolf River Properties Ll $55,500 Coventry Escrow & Title Co L
Wilkes Carl Gary $20,500 Security Title Company Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2015 09/30/15 Sold $17,500 -28.6% $175 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $24,495 -- $245 / 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 $312 $15,650 $3,550 $12,100
2024 $312 $9,200 $1,325 $7,875
2023 $560 $9,200 $1,325 $7,875
2022 $560 $9,200 $1,325 $7,875
2021 $567 $9,200 $1,325 $7,875
2020 $505 $6,975 $1,325 $5,650
2019 $505 $6,975 $1,325 $5,650
2018 $505 $6,975 $1,325 $5,650
2017 $287 $6,975 $1,325 $5,650
2016 $356 $8,150 $0 $0
2014 $356 $8,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9950241

Memphis Area Association of REALTORS®

APN: 05-3041-0-0007