NOT LISTED FOR SALE

4227 Ann Arbor Ln Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $119,000 - $211,000

3 Beds
2 Baths
2,733 Sq Ft
$62/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $90,000 $33 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,017/month

Highlights

  • 0.48 Acre Lot
  • Wood Flooring
  • Level Lot
  • Traditional Architecture
  • Central Heating and Cooling System

About This Home

As of July 2021

Great opportunity to own a Duplex Property with a chance to get some equity. Large 2 story brick property with huge potential. Should rent for $1000 per side.

Last Agent to Sell the Property

Chris Mosby

ResiAmerica, Inc. License #282881 Listed on: 06/30/2021

Last Buyer's Agent

Stephen Akindona

Kairos Realty License #329215

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,361

Year Built

  • Built in 1972

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 166x127
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 2,733 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Gas

Community Details

  • St Elmo Village Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 086012 00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,361

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 732C
  • MAAR Subdivision Name: ST ELMO VILLAGE BLK A
  • Freestanding: Yes
  • List Price Per Sq Ft: 40
  • Number Of Stories: 2
  • Price Per Sq Ft: 32.93
  • Estimated Sq Ft: 2733
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Hardwood

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling, Gas Cooling
  • Heating: Central, Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 61
  • Acreage: 0.48
  • Lot Size: 166X127
  • Price Per Acre: 228958

Tax Info

  • Assessor Parcel Number: 086012 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
Quick Sell Memphis Gp
Bought by
Sea Revocable Living Trust
Current Estimated Value
$170,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,300
Outstanding Balance
$189,800
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
-$19,559

Purchase Details

Listed on
Jun 30, 2021
Closed on
Jul 29, 2021
Sold by
Belgravia Square Llc
Bought by
Gp Quick Sell Memphis
Seller's Agent
Chris Mosby
ResiAmerica, Inc.
Buyer's Agent
Stephen Akindona
Kairos Realty
List Price
$109,900
Sold Price
$90,000
Premium/Discount to List
-$19,900
-18.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.30%

Purchase Details

Closed on
Oct 24, 2018
Sold by
Ann Arbor Partsch Llc
Bought by
Property Factor Aus Llc

Purchase Details

Closed on
Nov 4, 2015
Sold by
Shelby Holdings Llc
Bought by
Ann Arbor Partsch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,120
Interest Rate
3.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 24, 2015
Sold by
Goodman David S and Goodman Chandra
Bought by
Shelby Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,566
Interest Rate
4.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 18, 2006
Sold by
H & J Properties Llc
Bought by
Goodman David S and Goodman Chandra G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,650
Interest Rate
8.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 2006
Sold by
Palmer Ernest Lee
Bought by
H & J Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,650
Interest Rate
8.12%
Mortgage Type
Unknown
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
Sea Revocable Living Trust -- Saddle Creek Title
Gp Quick Sell Memphis $90,000 Saddle Creek Title Llc
Property Factor Aus Llc -- None Available
Ann Arbor Partsch Llc $105,200 Attorney
Shelby Holding Llc $47,000 Attorney
Goodman David S $122,100 None Available
H & J Properties Llc $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sea Revocable Living Trust $195,300
Previous Owner Ann Arbor Partsch Llc $63,120
Previous Owner Shelby Holding Llc $70,566
Previous Owner Goodman David S $97,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2021 07/29/21 Sold $90,000 -18.1% $33 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $109,900 -- $40 / 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 $1,361 $68,520 $2,040 $66,480
2024 $1,361 $40,160 $1,960 $38,200
2023 $2,446 $40,160 $1,960 $38,200
2022 $2,446 $40,160 $1,960 $38,200
2021 $1,090 $40,160 $1,960 $38,200
2020 $2,803 $38,680 $1,960 $36,720
2019 $1,236 $38,680 $1,960 $36,720
2018 $1,236 $38,680 $1,960 $36,720
2017 $1,265 $38,680 $1,960 $36,720
2016 $1,853 $42,400 $0 $0
2014 $2,452 $56,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Mosby

    Seller's Agent in 2021

    Chris Mosby

    ResiAmerica, Inc.

    (901) 830-7200

    31 in this area

    377 Total Sales

    Chris Mosby
    Section Image
  • Stephen Akindona

    Buyer's Agent in 2021

    Stephen Akindona

    Kairos Realty

    (901) 486-6688

    5 in this area

    84 Total Sales

    Stephen Akindona
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10102932

Memphis Area Association of REALTORS®

APN: 08-6012-0-0015

Tennessee Shelby County Memphis 38128 Raleigh

4227 Ann Arbor Ln, Memphis, TN

This home is located at 4227 Ann Arbor Ln, Memphis, TN 38128 since 30 June 2021 and is currently estimated at $170,241, approximately $62 per square foot. This property was built in 1972. 4227 Ann Arbor Ln is a home located in Shelby County with nearby schools including Scenic Hills Elementary School, Raleigh Egypt High School, and Coleman School.

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