NOT LISTED FOR SALE

4041 Summer Ave Memphis, TN 38122

East Memphis Neighborhood
-- Bed
6 Baths
3,120 Sq Ft
8,712 Sq Ft Lot

Last Sold July 31, 2024

Last sale price $330,000 $106 Per Sq Ft

6 Days on Market

About This Home

As of July 2024

6 units on Summer Ave. 3 renting for $800 per unit, other 3 can rent for the same.

Last Agent to Sell the Property

Jason Miller

eXp Realty, LLC License #328506 Listed on: 07/09/2024

eXp Realty, LLC

Co-Listed By

Zahra Sultan

eXp Realty, LLC License #336123

Last Buyer's Agent

Jason Miller

eXp Realty, LLC License #328506 Listed on: 07/09/2024

eXp Realty, LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1964

Lot Details

  • 8,712

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Aluminum Siding
  • Wood Composite

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Efficiency Studio
  • Free-Standing Range
  • Parquet Flooring

Additional Features

  • 8,712 Sq Ft Lot
  • Window Unit Cooling System

Community Details

  • 6 Units
  • Newton Cannon Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 055001 00006

Property Details

Home Type

Apartment

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MAAR Subdivision Name: NEWTON CANNON
  • Freestanding: Yes
  • Number Of Stories: 2
  • Estimated Sq Ft: 3120
  • Year Built: 1964
  • Construction: Aluminum/Steel Siding, Brick/Veneer, Wood/Composition
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Parquet Floor
  • Appliances Equipment: Range/Oven (Freestanding)

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Cooling Systems: 1 Window Unit per Unit

Lot Info

  • Lot Number: 5
  • Acreage: 0.2
  • Lot Size: 7187 sq ft
  • Geo Subdivision: TN

Rental Info

  • Actual Annual Rent: 28800
  • Tenant Pays: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 055001 00006

Multi Family

  • Perc Occ: 50
  • Total Number Of Units: 6
  • Number Efficiency Studio Units: 6
  • Type of Unit: Efficiency/Studio

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2024 07/31/24 Sold $330,000 -5.7% $106 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $350,000 +105.9% $112 / Sq Ft
07/12/2019 07/12/19 Sold $170,000 -5.0% $57 / Sq Ft View Prior Sale
05/06/2019 05/06/19 Pending -- -- --
05/02/2019 05/02/19 Price Changed $179,000 -3.2% $60 / Sq Ft
04/05/2019 04/05/19 Price Changed $185,000 -3.9% $62 / Sq Ft
03/12/2019 03/12/19 For Sale $192,500 +31.0% $64 / Sq Ft
03/15/2018 03/15/18 Sold $147,000 -2.0% $39 / Sq Ft View Prior Sale
01/23/2018 01/23/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $150,000 +66.7% $39 / Sq Ft
04/30/2015 04/30/15 Sold $90,000 -21.7% $29 / Sq Ft View Prior Sale
04/22/2015 04/22/15 Pending -- -- --
02/26/2015 02/26/15 For Sale $115,000 -- $37 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jason Miller

    Seller's Agent in 2024

    Jason Miller

    eXp Realty, LLC

    (901) 212-4141

    1 in this area

    228 Total Sales

    Jason Miller
    Section Image
  • Zahra Sultan

    Seller Co-Listing Agent in 2024

    Zahra Sultan

    eXp Realty, LLC

    (615) 638-9421

    1 in this area

    18 Total Sales

    Zahra Sultan
    Section Image
  • Felecia Magro

    Seller's Agent in 2019

    Felecia Magro

    The Stamps Real Estate Company

    (901) 283-9373

    2 in this area

    73 Total Sales

    Felecia Magro
    Section Image

  • G

    Seller's Agent in 2015

    Gary Garland

    Crye-Leike

    Section Image
  • Kathryn Garland

    Seller Co-Listing Agent in 2015

    Kathryn Garland

    Crye-Leike

    (901) 644-8751

    6 in this area

    73 Total Sales

    Kathryn Garland
    Section Image
  • Monica Mauricio

    Buyer's Agent in 2015

    Monica Mauricio

    RE/MAX

    (901) 262-3838

    5 in this area

    131 Total Sales

    Monica Mauricio
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10176574

Memphis Area Association of REALTORS®
Tennessee Shelby County Memphis 38122 East Memphis

4041 Summer Ave, Memphis, TN

Not Listed for Sale

MultiFamily

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