NOT LISTED FOR SALE

4048 Allison Ave Memphis, TN 38122

East Memphis Neighborhood

Estimated Value: $215,000 - $251,000

2 Beds
1 Bath
1,906 Sq Ft
$122/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $107,500 $56 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,360/month

7 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Separate Formal Living Room
  • White Station High Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of April 2016

Great duplex in Highpoint Terrace. Hardwood floors, central heat and air and all appliances. Tenants are month to month.

Last Agent to Sell the Property

Leigh Martin

Hobson, REALTORS License #277409 Listed on: 04/18/2016

Last Buyer's Agent

Kris Gavin

Crye-Leike, Inc., REALTORS License #301066

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 9,148 Sq Ft Lot
  • Chain Link Fence
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Bungalow
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,906 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Area
  • Wood Flooring
  • Storm Doors
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Free-Standing Range
  • Dishwasher
  • Disposal

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Wilson Kemmons North Graham Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, lawn maintenance
  • Assessor Parcel Number 055001 00051

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional, Bungalow
  • Cross Street: Graham
  • Second Address Number: 446
  • MAAR Subdivision Name: HIGH POINT TERRACE
  • Freestanding: Yes
  • List Price Per Sq Ft: 71
  • Number Of Stories: 1
  • Estimated Sq Ft: 1906
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Disposal, Dishwasher
  • Estimated Entire Duplex Sq Ft: 2000-2199
  • Miscellaneous Interior: Cable Wired

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Wood Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Parking Display: 0A
  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Gas

Lot Info

  • Lot Description: Level, Corner, Chain Fenced
  • Lot Number: 19
  • Acreage: 0.21
  • Lot Size: .21

Rental Info

  • Tenants Pay: All Utilities, Lawn Maintenance
  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 055001 00051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2023
Sold by
Alliance Re Holdings Llc
Bought by
Mejia Santiago
Current Estimated Value
$231,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Outstanding Balance
$168,921
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$62,674

Purchase Details

Listed on
Apr 18, 2016
Closed on
Apr 28, 2016
Sold by
Rogers Laura Diane
Bought by
Alliance Re Holdings Llc
Seller's Agent
Leigh Martin
Hobson, REALTORS
Buyer's Agent
Kris Gavin
Crye-Leike, Inc., REALTORS
List Price
$135,000
Sold Price
$107,500
Premium/Discount to List
-$27,500
-20.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%

Purchase Details

Closed on
Aug 9, 2010
Sold by
Regions Bank
Bought by
Rogers Laura D and Sublette Nina

Purchase Details

Closed on
Jun 24, 2010
Sold by
Lindsey Paul E
Bought by
Regions Bank

Purchase Details

Closed on
Aug 16, 2002
Sold by
Pannell Steven T and Pannell Nova Gayle
Bought by
Lindsey Paul E

Purchase Details

Closed on
Sep 5, 2000
Sold by
Georges Machi C
Bought by
Lindsey Paul and Pannell Nova Gayle
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mejia Santiago $230,000 None Listed On Document
Alliance Re Holdings Llc $107,500 None Available
Rogers Laura D $50,000 None Available
Regions Bank $41,600 None Available
Lindsey Paul E -- --
Lindsey Paul $62,000 --
Lindsey Paul $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Santiago $172,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2016 04/28/16 Sold $107,500 -20.4% $56 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $135,000 -- $71 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,865 $94,760 $19,320 $75,440
2024 -- $55,000 $12,880 $42,120
2023 $3,350 $55,000 $12,880 $42,120
2022 $3,350 $55,000 $12,880 $42,120
2021 $3,390 $55,000 $12,880 $42,120
2020 $3,188 $44,000 $12,880 $31,120
2019 $3,188 $44,000 $12,880 $31,120
2018 $3,391 $46,800 $12,880 $33,920
2017 $1,923 $46,800 $12,880 $33,920
2016 $2,145 $49,080 $0 $0
2014 $2,145 $49,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leigh Martin

    Seller's Agent in 2016

    Leigh Martin

    Hobson, REALTORS

    (901) 351-3877

    23 in this area

    192 Total Sales

    Leigh Martin
    Section Image

  • K

    Buyer's Agent in 2016

    Kris Gavin

    Crye-Leike

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9975228

Memphis Area Association of REALTORS®

APN: 05-5001-0-0051

Tennessee Shelby County Memphis 38122 East Memphis

4048 Allison Ave, Memphis, TN

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Nearby Homes