NOT LISTED FOR SALE

4108 E Mallory Ave Memphis, TN 38111

Colonial Acres Neighborhood

Estimated Value: $64,000 - $100,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$66/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2020

Last sale price $26,000 $22 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $439 / mo

79 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Landscaped
  • Wood Flooring
  • Some Wood Windows
  • Dining Room

About This Home

As of May 2020

Great investment! All offers must be submitted by the Buyer's agent via the RES NET Agent Portal. If your offer is accepted, you agree to be responsible for an offer submission technology fee of $75.00. The fee will be included on the closing disclosure and paid at the closing of the transaction. To submit your buyer's offer, simply click the link below. If you already have a RES NET Agent account, you will be prompted to log in. Buyer required to view interior before submitting offer.

Last Agent to Sell the Property

Micah Layman

Ware Jones, REALTORS License #310771 Listed on: 02/12/2020

Ware Jones, REALTORS

Last Buyer's Agent

Itzel Sanchez Bustamante

Keller Williams License #333024

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 15,246 Sq Ft Lot
  • Dog Run
  • Wood Fence
  • Chain Link Fence
  • Landscaped

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,140 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Dining Room
  • Den
  • Wood Flooring
  • Attic Access Panel

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • East Memphis Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058100 00051

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0.35 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: EAST MEMPHIS PARK
  • List Price Per Sq Ft: 26
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1140
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room, Separate Den
  • Misc Interior: Attic Access
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wood Fence, Chain Fence, Pet Area
  • Exterior Windows: Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Landscaped, Wood Fenced, Chain Fenced
  • Lot Number: 36
  • Acreage: 0.35
  • Lot Size: .35

Tax Info

  • Assessor Parcel Number: 058100 00051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
May 18, 2020
Sold by
Go America Llc
Bought by
Casarrubias Miriam Velazquez
Seller's Agent
Micah Layman
Ware Jones, REALTORS
Buyer's Agent
Itzel Sanchez Bustamante
Keller Williams
List Price
$35,900
Sold Price
$26,000
Premium/Discount to List
-$9,900
-27.58%
Current Estimated Value
$79,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,541
Avg. Annual Appreciation
20.60%

Purchase Details

Closed on
Jan 21, 2020
Sold by
Bank Of America Na
Bought by
Go America Llc

Purchase Details

Closed on
Jul 16, 2019
Sold by
Forrester Billy and Forrester Stacey
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 10, 1997
Sold by
Ray Lee Investment Company Inc
Bought by
Forrester Billy and Forrester Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,844
Interest Rate
7.88%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 1996
Sold by
Blythe Howard C and Blythe Ethyl
Bought by
Ray Lee Investment Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
8.28%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Casarrubias Miriam Velazquez $26,000 None Available
Go America Llc $19,000 None Available
Bank Of America Na $34,903 None Available
Forrester Billy $35,500 --
Forrester Billy $35,500 --
Ray Lee Investment Company Inc $14,000 Stewart Title Company
Ray Lee Investment Company Inc $14,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forrester Billy $35,844
Previous Owner Ray Lee Investment Company Inc $14,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2020 05/12/20 Sold $26,000 -13.0% $26 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
04/16/2020 04/16/20 Price Changed $29,900 -16.7% $30 / Sq Ft
03/10/2020 03/10/20 For Sale $35,900 +38.1% $36 / Sq Ft
03/09/2020 03/09/20 Off Market $26,000 -- --
03/03/2020 03/03/20 Price Changed $35,900 -10.0% $36 / Sq Ft
02/12/2020 02/12/20 For Sale $39,900 -- $40 / 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 -- $17,325 $2,525 $14,800
2024 $242 $7,125 $1,850 $5,275
2023 $434 $7,125 $1,850 $5,275
2022 $434 $7,125 $1,850 $5,275
2021 $439 $7,125 $1,850 $5,275
2020 $408 $5,625 $1,125 $4,500
2019 $180 $5,625 $1,125 $4,500
2018 $180 $5,625 $1,125 $4,500
2017 $184 $5,625 $1,125 $4,500
2016 $250 $5,725 $0 $0
2014 $250 $5,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Micah Layman

    Seller's Agent in 2020

    Micah Layman

    Ware Jones, REALTORS

    (901) 634-9114

    2 in this area

    58 Total Sales

    Micah Layman
    Section Image
  • Itzel Sanchez Bustamante

    Buyer's Agent in 2020

    Itzel Sanchez Bustamante

    Keller Williams

    (901) 378-4334

    22 in this area

    592 Total Sales

    Itzel Sanchez Bustamante
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10070731

Memphis Area Association of REALTORS®

APN: 05-8100-0-0051

Tennessee Shelby County Memphis 38111 Colonial Acres

4108 E Mallory Ave, Memphis, TN

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