NOT LISTED FOR SALE

4076 Chippewa Rd Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $100,000 - $126,863

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$83/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $90,500 $65 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $664/month

88 Days on Market

About This Home

As of October 2023

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 07/28/2023

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 07/28/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $663

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x130

Parking

  • 1 Parking Space

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,368 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Community Details

  • Colony Park Blk D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073047 00028

Home Details

Home Type

Single Family

Est. Annual Taxes

$663

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COLONY PARK BLK D
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1368
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 70
  • Acreage: 0.17
  • Lot Size: 60X130

Tax Info

  • Assessor Parcel Number: 073047 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Oct 23, 2023
Sold by
Vb One Llc
Bought by
Abicart Properties Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$125,000
Sold Price
$90,500
Premium/Discount to List
-$34,500
-27.6%
Views
90
Current Estimated Value
$116,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,716
Avg. Annual Appreciation
13.25%

Purchase Details

Closed on
Mar 31, 2016
Sold by
Holmes Usa Property Investments Llc
Bought by
Caf B L 2015 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2013
Sold by
Southwest Property Partners Llc
Bought by
Holmes Usa Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2013
Sold by
Biggs Richard Earl and Biggs Sherry Allinice
Bought by
Southwest Property Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2006
Sold by
Boone Jeffrey M and Boone Richard B
Bought by
Biggs Richard Earl and Biggs Sherry Allinice

Purchase Details

Closed on
Dec 10, 2002
Sold by
Citifinancial Mortgage Co Inc
Bought by
Boone Jeffrey and Boone Richard

Purchase Details

Closed on
Aug 30, 2002
Sold by
Chanthamart Sakhone and Soukkaseum Lamay
Bought by
Citifinancial Mtg Company

Purchase Details

Closed on
May 17, 2000
Sold by
Watkins Gilbert E and Watkins Delores
Bought by
Chanthamart Sakhone and Soukkaseum Lamay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,208
Interest Rate
8.14%
Mortgage Type
Balloon
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
Abicart Properties Llc $355,000 Local Title
Caf B L 2015 Llc $2,493,993 None Available
Holmes Usa Property Investments Llc $49,000 None Available
Southwest Property Partners Llc $20,000 None Available
Biggs Richard Earl $75,803 None Available
Boone Jeffrey $50,000 --
Citifinancial Mtg Company $47,000 --
Chanthamart Sakhone $64,950 Equity Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caf B L 2015 Llc $50,000,000
Previous Owner Southwest Property Partners Llc $60,000
Previous Owner Chanthamart Sakhone $55,208
Closed Chanthamart Sakhone $6,495
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2023 10/24/23 Sold $90,500 -8.6% $75 / Sq Ft
09/20/2023 09/20/23 Price Changed $99,000 -5.7% $83 / Sq Ft
09/06/2023 09/06/23 Price Changed $105,000 -8.7% $88 / Sq Ft
08/11/2023 08/11/23 Price Changed $115,000 -8.0% $96 / Sq Ft
07/28/2023 07/28/23 For Sale $125,000 -- $104 / 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 $663 $28,675 $4,075 $24,600
2024 -- $19,550 $3,000 $16,550
2023 $1,191 $19,550 $3,000 $16,550
2022 $1,191 $19,550 $3,000 $16,550
2021 $1,415 $19,550 $3,000 $16,550
2020 $1,004 $13,850 $3,000 $10,850
2019 $443 $13,850 $3,000 $10,850
2018 $443 $13,850 $3,000 $10,850
2017 $453 $13,850 $3,000 $10,850
2016 $539 $12,325 $0 $0
2014 $539 $12,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2023

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    121 in this area

    1,439 Total Sales

    Dean Harris
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10153213

Memphis Area Association of REALTORS®

APN: 07-3047-0-0028

Tennessee Shelby County Memphis 38118 Parkway Village

4076 Chippewa Rd, Memphis, TN

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