NOT LISTED FOR SALE

4123 Rhodes Ave Memphis, TN 38111

Audubon Park Neighborhood

Estimated Value: $136,000 - $149,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$102/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $89,900 $64 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $816/month

Highlights

  • Traditional Architecture
  • Den
  • Tile Flooring
  • 1 Fireplace
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of December 2018

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2018 standards! Target rent = $1,595 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: 11/14/2018

Foundation Property Management

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $748

Year Built

  • Built in 1952

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65x144
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,278 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Combination Dining and Living Room
  • Den
  • Iron Doors
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Park Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058120 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$748

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 758C
  • MAAR Subdivision Name: PARK ACRES
  • List Price Per Sq Ft: 70
  • Number Of Stories: 1
  • Price Per Sq Ft: 70.34
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1278
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination, W/D Connection in Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • 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

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 174
  • Acreage: 0.2
  • Lot Size: 65x144
  • Price Per Acre: 449500

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 058120 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2019
Sold by
Chettiar Ashish S
Bought by
National Investments Group Llc
Current Estimated Value
$142,269

Purchase Details

Listed on
Nov 14, 2018
Closed on
Dec 27, 2018
Sold by
Memphis Investment Rental Properties Llc
Bought by
Chettlar Ashsh S
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
6.97%
Original Mortgage
$71,920
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2018
Closed on
Oct 30, 2018
Sold by
Patterson Tim
Bought by
Memphis Investments Rental Properties Ll
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.
Original Mortgage
$71,920
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2010
Sold by
Fannie Mae
Bought by
Patterson Tim

Purchase Details

Closed on
Apr 21, 2010
Sold by
Bedrossian Pascal and Bedrossian Kim
Bought by
Federal National Mortgage Association
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
National Investments Group Llc -- Delta Title Services Llc
Chettlar Ashsh S $89,900 Delta Title Services Llc
Memphis Investments Rental Properties Ll $20,000 Delta Title Services Llc
Patterson Tim $23,000 None Available
Federal National Mortgage Association $72,830 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chettlar Ashsh S $71,920
Previous Owner Memphis Investments Rental Properties Ll $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $89,900 0.0% $75 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $89,900 -- $75 / 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 $748 $34,025 $4,500 $29,525
2024 $748 $22,075 $2,600 $19,475
2023 $1,345 $22,075 $2,600 $19,475
2022 $1,345 $22,075 $2,600 $19,475
2021 $762 $22,075 $2,600 $19,475
2020 $1,496 $20,650 $2,375 $18,275
2019 $660 $20,650 $2,375 $18,275
2018 $475 $14,875 $2,375 $12,500
2017 $487 $14,875 $2,375 $12,500
2016 $662 $15,150 $0 $0
2014 $662 $15,150 $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

    30 in this area

    637 Total Sales

    James Wachob
    Section Image

  • B

    Buyer's Agent in 2018

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    29 in this area

    426 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10040735

Memphis Area Association of REALTORS®

APN: 05-8120-0-0012

Tennessee Shelby County Memphis 38111 Audubon Park

4123 Rhodes Ave, Memphis, TN

This home is located at 4123 Rhodes Ave, Memphis, TN 38111 since 14 November 2018 and is currently estimated at $142,269, approximately $101 per square foot. This property was built in 1952. 4123 Rhodes Ave is a home located in Shelby County with nearby schools including South Park Elementary School, Colonial Middle, and Overton High.

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