NOT LISTED FOR SALE

4231 Arrowhead Rd Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $94,000 - $107,000

3 Beds
1 Bath
985 Sq Ft
$101/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $52,575 $53 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $565/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Porch
  • Wood Flooring
  • Some Wood Windows
  • 4-minute walk to American Way Park

About This Home

As of November 2020

Corporate owned home selling as is. Great opportunity for a 3 bedroom 1 bath home that needs work but can be a super investment or family home. Seller will not turn on any utilities. Priced far below market to sell now. Must have proof of funds with all offers. NO OFFERS BY INVESTORS CAN BE CONSIDERED FOR THE FIRST 20 DAYS OF LISTING THIS PROPERTY.

Last Agent to Sell the Property

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 09/17/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Monica Bynum

Crye-Leike, Inc., REALTORS License #343193

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $539

Year Built

  • Built in 1967

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 985 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Colony Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073022 C00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$539

Year Built

Built in 1967

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: 51
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 985
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Level, Chain Fenced
  • Lot Number: 320
  • Acreage: 0.16
  • Lot Size: 60X120

Tax Info

  • Assessor Parcel Number: 073022 C00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
Coloma Chris and Coloma Sheena
Bought by
Mokihana Group Llc-Series F
Current Estimated Value
$99,327

Purchase Details

Listed on
Sep 17, 2020
Closed on
Oct 26, 2020
Sold by
U S Bank Trust Na
Bought by
Coloma Chris R and Coloma Sheena
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Monica Bynum
Crye-Leike, Inc., REALTORS
List Price
$54,900
Sold Price
$52,575
Premium/Discount to List
-$2,325
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.71%
Original Mortgage
$60,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2020
Sold by
Pace Bryant A and Countrywide Home Loans Inc
Bought by
U S Bank Trust Na and Lsf10 Master Participation Trusts

Purchase Details

Closed on
Jun 14, 2002
Sold by
Porch Dorothy W
Bought by
Pace Bryant A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,440
Interest Rate
12.5%
Source: Public Records

Range of Values:

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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
Mokihana Group Llc-Series F -- None Listed On Document
Coloma Chris R $52,575 None Available
U S Bank Trust Na $66,277 None Available
Pace Bryant A $61,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coloma Chris R $60,000
Previous Owner Pace Bryant A $49,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $52,575 +5.4% $53 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/14/2020 10/14/20 Price Changed $49,900 -9.1% $51 / Sq Ft
09/17/2020 09/17/20 For Sale $54,900 -- $56 / 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 $539 $24,150 $4,075 $20,075
2024 $539 $15,900 $3,000 $12,900
2023 $969 $15,900 $3,000 $12,900
2022 $969 $15,900 $3,000 $12,900
2021 $980 $15,900 $3,000 $12,900
2020 $871 $12,025 $3,000 $9,025
2019 $384 $12,025 $3,000 $9,025
2018 $384 $12,025 $3,000 $9,025
2017 $393 $12,025 $3,000 $9,025
2016 $542 $12,400 $0 $0
2014 $542 $12,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmie Tapley

    Seller's Agent in 2020

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    3 in this area

    256 Total Sales

    Jimmie Tapley
    Section Image
  • Monica Bynum

    Buyer's Agent in 2020

    Monica Bynum

    Crye-Leike, Inc., REALTORS

    (901) 833-5456

    24 in this area

    222 Total Sales

    Monica Bynum
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10085093

Memphis Area Association of REALTORS®

APN: 07-3022-C0-0024

Tennessee Shelby County Memphis 38118 Parkway Village

4231 Arrowhead Rd, Memphis, TN

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