NOT LISTED FOR SALE

4079 Reed Ave Memphis, TN 38108

Douglass Neighborhood

Estimated Value: $81,000 - $120,000

2 Beds
1 Bath
100-999 Sq Ft
$96/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $110,000 $110 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $539/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Tile Flooring
  • Attic
  • Patio
  • Combination Dining and Living Room

About This Home

As of June 2023

This would be a great starter home or investment property to add to your portfolio. Updates include: all new flooring, all new paint, updated bathroom, all new electrical panel, smoke detectors, Phoenix Smart Heaters, new hot water heater and new fence.

Last Agent to Sell the Property

John Moore

Keller Williams License #338713 Listed on: 06/01/2023

Keller Williams

Co-Listed By

Arath Luevano

Fast Track Realty, LLC License #367288

Last Buyer's Agent

Cecilia Fernandez

The Home Partners Realty License #362248

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $309

Year Built

  • Built in 1951

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x123
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 100-999 Sq Ft Home
  • 715 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic
  • Storm Doors

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • Ward Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053045 00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$309

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752B
  • MAAR Subdivision Name: Ward
  • List Price Per Sq Ft: 140
  • Number Of Stories: 1
  • Price Per Sq Ft: 153.85
  • 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: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs
  • Other Rooms: Attic
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch, Patio, Wood Fence, Chain Fence
  • Exterior Windows: Vinyl Siding, Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Wall Unit
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 80
  • Acreage: 0.13
  • Lot Size: 50X123
  • Price Per Acre: 768462

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 053045 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jun 29, 2023
Sold by
Rescom Investment Group Llc
Bought by
Leyva Adriana
Seller's Agent
John Moore
Keller Williams
Buyer's Agent
Cecilia Fernandez
The Home Partners Realty
List Price
$99,900
Sold Price
$110,000
Premium/Discount to List
$10,100
10.11%
Views
59
Current Estimated Value
$93,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,333
Avg. Annual Appreciation
-4.87%
Original Mortgage
$6,600
Outstanding Balance
$1,871
Interest Rate
6.79%
Estimated Equity
$97,129

Purchase Details

Closed on
Oct 5, 2007
Sold by
Richey Steven T
Bought by
R & H Rentals Llc

Purchase Details

Closed on
Jul 14, 2006
Sold by
Pegram Wendell O and Pegram Janet
Bought by
Richey Steven T

Purchase Details

Closed on
Aug 27, 2002
Sold by
Ward Auddis W and Ward Ann
Bought by
Pegram Wendell O and Pegram Janet W
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
Leyva Adriana $110,000 Home Surety Title & Escrow
R & H Rentals Llc -- None Available
Richey Steven T $119,000 None Available
Pegram Wendell O $40,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leyva Adriana $6,600
Open Leyva Adriana $108,007
Closed Leyva Adriana $108,007
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $110,000 +10.1% $1,100 / Sq Ft
06/01/2023 06/01/23 For Sale $99,900 +244.5% $999 / Sq Ft
08/17/2017 08/17/17 Sold $29,000 -21.6% $290 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $37,000 -- $370 / 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 $309 $27,750 $3,450 $24,300
2024 $309 $9,125 $1,300 $7,825
2023 $556 $9,125 $1,300 $7,825
2022 $556 $9,125 $1,300 $7,825
2021 $562 $9,125 $1,300 $7,825
2020 $502 $6,925 $1,300 $5,625
2019 $502 $6,925 $1,300 $5,625
2018 $502 $6,925 $1,300 $5,625
2017 $285 $6,925 $1,300 $5,625
2016 $312 $7,150 $0 $0
2014 $312 $7,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Moore

    Seller's Agent in 2023

    John Moore

    Keller Williams

    (901) 232-1901

    2 in this area

    167 Total Sales

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  • Arath Luevano

    Seller Co-Listing Agent in 2023

    Arath Luevano

    Fast Track Realty, LLC

    (901) 414-6501

    2 in this area

    36 Total Sales

    Section Image
  • Cecilia Fernandez

    Buyer's Agent in 2023

    Cecilia Fernandez

    The Home Partners Realty

    (901) 438-3465

    4 in this area

    122 Total Sales

    Section Image

  • J

    Seller's Agent in 2017

    Jimmy Kennedy

    KAIZEN Realty, LLC

    (901) 221-4041

    1 in this area

    54 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10149142

Memphis Area Association of REALTORS®

APN: 05-3045-0-0014

Tennessee Shelby County Memphis 38108 Douglass

4079 Reed Ave, Memphis, TN

This home is located at 4079 Reed Ave, Memphis, TN 38108 since 01 June 2023 and is currently estimated at $96,000, approximately $96 per square foot. This property was built in 1951. 4079 Reed Ave is a home located in Shelby County with nearby schools including Wells Station Elementary School, Kingsbury Middle School, and Kingsbury High School.

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