NOT LISTED FOR SALE

4225 Arrowhead Rd Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $114,000 - $150,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$107/Sq Ft Est. Value

Last Sold August 28, 2017

Last sale price $85,000 $71 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $723/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Central Heating and Cooling System
  • Wood Flooring
  • Patio
  • 4-minute walk to American Way Park

About This Home

As of August 2017

This property is a great opportunity for investors! This charming home is located close to the Hickory Hill area!

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 05/03/2017

Foundation Property Management

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 05/03/2017

Foundation Property Management

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,060 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Colony Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073022 C00025

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COLONY PARK
  • List Price Per Sq Ft: 80
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1060
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 319
  • Acreage: 0.16
  • Lot Size: 60x120/0.16

Tax Info

  • Assessor Parcel Number: 073022 C00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
Aug 8, 2017
Sold by
Jbj Properties Lcl
Bought by
Leach William James
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$128,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,435
Avg. Annual Appreciation
5.06%
Original Mortgage
$65,600
Outstanding Balance
$54,344
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$74,091

Purchase Details

Listed on
Feb 16, 2017
Closed on
Apr 28, 2017
Sold by
Palmoore Clayton B
Bought by
J B J Properties Llc and Jbj Properties Llc
List Price
$45,000
Sold Price
$35,000
Premium/Discount to List
-$10,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1259.52%
Original Mortgage
$65,000
Interest Rate
4.03%

Purchase Details

Closed on
Sep 13, 1996
Sold by
Palmoore Anthony A and Palmoore Jessie M
Bought by
Palmoore Clayton B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leach William James $32,000 Delta Title Services Llc
J B J Properties Llc $35,000 --
Palmoore Clayton B -- Memphis Title
Palmoore Clayton B -- Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leach William James $65,600
Previous Owner J B J Properties Llc $65,000
Previous Owner J B J Properties Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2017 08/28/17 Sold $85,000 0.0% $85 / Sq Ft
05/14/2017 05/14/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $85,000 +142.9% $85 / Sq Ft
04/27/2017 04/27/17 Sold $35,000 -22.2% $33 / Sq Ft View Prior Sale
04/27/2017 04/27/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $45,000 -- $42 / 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 $619 $29,275 $4,075 $25,200
2024 $619 $18,250 $3,000 $15,250
2023 $1,112 $18,250 $3,000 $15,250
2022 $1,112 $18,250 $3,000 $15,250
2021 $1,125 $18,250 $3,000 $15,250
2020 $937 $12,925 $3,000 $9,925
2019 $937 $12,925 $3,000 $9,925
2018 $937 $12,925 $3,000 $9,925
2017 $531 $12,925 $3,000 $9,925
2016 $552 $12,625 $0 $0
2014 $552 $12,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2017

    James Wachob

    Foundation Property Management

    (901) 633-1484

    42 in this area

    652 Total Sales

    James Wachob
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10001478

Memphis Area Association of REALTORS®

APN: 07-3022-C0-0025

Tennessee Shelby County Memphis 38118 Parkway Village

4225 Arrowhead Rd, Memphis, TN

Not Listed for Sale

Detached

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