NOT LISTED FOR SALE

4262 Truman Rd Memphis, TN 38108

Douglass Neighborhood

Estimated Value: $109,000 - $146,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $135,000 $96 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $743/month

Highlights

  • Updated Kitchen
  • Main Floor Primary Bedroom
  • Living Room
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of May 2023

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $1,050 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

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 11/25/2022

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $524

Year Built

  • Built in 1946

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 61x221
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,320 Sq Ft Home
  • 1.7-Story Property
  • Some Wood Windows
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Iron Doors
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Jerden D B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053073 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$524

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752B
  • MAAR Subdivision Name: D B JERDEN
  • List Price Per Sq Ft: 102
  • Number Of Stories: 1.7
  • Price Per Sq Ft: 102.27
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1320
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 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
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1
  • 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: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 9
  • Acreage: 0.3
  • Lot Size: 61X221
  • Price Per Acre: 450000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 053073 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2022
Closed on
Apr 28, 2023
Sold by
Memphis Investment Properties Iii Llc
Bought by
Jvd 1 Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$135,000
Sold Price
$135,000
Views
2
Current Estimated Value
$128,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,549
Avg. Annual Appreciation
-0.45%
Original Mortgage
$86,450
Outstanding Balance
$84,333
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$49,247

Purchase Details

Closed on
Aug 1, 2022
Sold by
Pascal Boutwell Edmond
Bought by
Memphis Investment Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.81%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 26, 2022
Sold by
Bortis Jon H
Bought by
Boutwell Edmond P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.81%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 11, 2022
Sold by
Bortis Jon H
Bought by
Boutwell Edmond P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.81%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 7, 2022
Sold by
Bortis Jon H
Bought by
Boutwell Edmond P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.81%
Mortgage Type
Construction
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
Jvd 1 Llc $135,000 Delta Title Services
Memphis Investment Properties Iii Llc $30,000 Delta Title Services
Boutwell Edmond P -- Delta Title Services
Boutwell Edmond P -- Delta Title Services
Boutwell Edmond P -- Delta Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jvd 1 Llc $86,450
Previous Owner Memphis Investment Properties Iii Llc $110,000
Previous Owner Boutwell Edmond P $46,103
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $135,000 0.0% $113 / Sq Ft
11/25/2022 11/25/22 Pending -- -- --
11/25/2022 11/25/22 For Sale $135,000 -- $113 / 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 $524 $30,775 $6,200 $24,575
2024 -- $15,450 $2,325 $13,125
2023 $941 $15,450 $2,325 $13,125
2022 $777 $12,750 $2,325 $10,425
2021 $346 $12,750 $2,325 $10,425
2020 $815 $11,250 $2,325 $8,925
2019 $360 $11,250 $2,325 $8,925
2018 $360 $11,250 $2,325 $8,925
2017 $368 $11,250 $2,325 $8,925
2016 $565 $12,925 $0 $0
2014 $565 $12,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2023

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    8 in this area

    424 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2023

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    8 in this area

    441 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10138366

Memphis Area Association of REALTORS®

APN: 05-3073-0-0021

Tennessee Shelby County Memphis 38108 Douglass

4262 Truman Rd, Memphis, TN

This home is located at 4262 Truman Rd, Memphis, TN 38108 since 25 November 2022 and is currently estimated at $128,451, approximately $91 per square foot. This property was built in 1946. 4262 Truman Rd is a home located in Shelby County with nearby schools including Wells Station Elementary School, Kingsbury Middle School, and Kingsbury High School.

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