NOT LISTED FOR SALE

4087 Forest View Dr Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $95,664 - $144,000

4 Beds
4 Baths
1,600-1,799 Sq Ft
$71/Sq Ft Est. Value

Last Sold December 26, 2018

Last sale price $89,900 $50 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $751/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System
  • Den
  • Tile Flooring
  • Combination Dining and Living Room

About This Home

As of December 2018

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2018 standards! Target rent = $1250 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 10/09/2018

Foundation Property Management

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,016

Year Built

  • Built in 1975

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,728 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Den
  • Iron Doors

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Knightwoods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073041 F00080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,016

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: KNIGHTWOODS
  • List Price Per Sq Ft: 52
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1728
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 530
  • Acreage: 0.29
  • Lot Size: 12833

Tax Info

  • Assessor Parcel Number: 073041 F00080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Ono Junichi and Ono Chizuru
Bought by
Fvd Copper Revocable Family Trust and Smith
Current Estimated Value
$127,166

Purchase Details

Listed on
Oct 9, 2018
Closed on
Feb 13, 2019
Sold by
Iwasaki Chizuru and Ono Junichi Ono
Bought by
B O K F Na and Bank Of Texas
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Interest Rate
4.41%

Purchase Details

Listed on
Oct 9, 2018
Closed on
Dec 26, 2018
Sold by
Memphis Investment Rental Properties
Bought by
Iwasaki Chizuru and Ono Junichi
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.41%

Purchase Details

Listed on
Aug 7, 2018
Closed on
Sep 28, 2018
Sold by
Community Restoration Corp Inc
Bought by
Memphis Investment Rental Properties Llc
Seller's Agent
Rita Driver
All Stars Realty
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$24,900
Sold Price
$25,000
Premium/Discount to List
$100
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60031.00%
Original Mortgage
$75,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2018
Sold by
Herndon Erica and Wilson Robert M
Bought by
Community Restoration Corporaton

Purchase Details

Closed on
Feb 1, 2007
Sold by
Karkera Mohandas and Karkera Shaila M
Bought by
Herndon Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,300
Interest Rate
6.16%
Mortgage Type
New Conventional
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
Fvd Copper Revocable Family Trust -- None Listed On Document
B O K F Na -- --
Iwasaki Chizuru $89,900 Delta Title Services Llc
Memphis Investment Rental Properties Llc $25,000 Close Trak Closing & Title S
Community Restoration Corporaton $124,518 None Available
Herndon Erica $67,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner B O K F Na --
Previous Owner Iwasaki Chizuru $67,425
Previous Owner Memphis Investment Rental Properties Llc $75,000
Previous Owner Herndon Erica $60,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/26/2018 12/26/18 Sold $89,900 +259.6% $56 / Sq Ft
10/15/2018 10/15/18 Sold $25,000 -72.2% $14 / Sq Ft View Prior Sale
10/10/2018 10/10/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $89,900 +261.0% $56 / Sq Ft
08/07/2018 08/07/18 For Sale $24,900 -- $14 / 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 $1,016 $43,960 $5,200 $38,760
2024 $1,016 $29,960 $3,800 $26,160
2023 $1,825 $29,960 $3,800 $26,160
2022 $1,825 $29,960 $3,800 $26,160
2021 $1,846 $29,960 $3,800 $26,160
2020 $1,574 $21,720 $3,800 $17,920
2019 $245 $7,680 $3,800 $3,880
2018 $245 $7,680 $3,800 $3,880
2017 $646 $19,760 $3,800 $15,960
2016 $881 $20,160 $0 $0
2014 $881 $20,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2018

    James Wachob

    Foundation Property Management

    (901) 633-1484

    41 in this area

    640 Total Sales

    James Wachob
    Section Image
  • Rita Driver

    Seller's Agent in 2018

    Rita Driver

    All Stars Realty

    (901) 674-7653

    37 Total Sales

    Rita Driver
    Section Image

  • B

    Buyer's Agent in 2018

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    26 in this area

    416 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10038454

Memphis Area Association of REALTORS®

APN: 07-3041-F0-0080

Tennessee Shelby County Memphis 38118 Parkway Village

4087 Forest View Dr, Memphis, TN

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