NOT LISTED FOR SALE

4318 Durango Ln Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $81,000 - $115,282

3 Beds
2 Baths
1,000-1,199 Sq Ft
$77/Sq Ft Est. Value

Last Sold October 18, 2024

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

Est. 8% increase in value since last sale

Current estimated payment $523/month

130 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Level Lot
  • Great Room
  • Central Heating and Cooling System

About This Home

As of October 2024

Welcome to 4318 Durango Lane, a fantastic investment property. This home is currently tenant-occupied, providing an immediate stream of rental income for savvy investors. 3 bedrooms, 2 bathrooms, 1100-1200 sqft, this home is well-maintained and has been a reliable source of income for its current owners. With tenants already in place, you can start earning rental income from day one. Don't miss out on this excellent investment opportunity in Memphis TN

Last Agent to Sell the Property

Eric Crutcher

Doorstep Realty License #317561 Listed on: 05/09/2024

Last Buyer's Agent

Alissa Dunn

Coldwell Banker Collins-Maury License #361708

Coldwell Banker Collins-Maury

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 70x183
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,142 Sq Ft Home
  • 1.5-Story Property
  • Great Room
  • Tile Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Durango Subdivision

Listing and Financial Details

  • Assessor Parcel Number 082030 00014

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: DURANGO
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1142
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 64
  • Acreage: 0.29
  • Lot Size: 70X183
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 082030 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Oct 18, 2024
Sold by
Lions Investments Llc
Bought by
Comfort Home Solutions Llc
Seller's Agent
Eric Crutcher
Doorstep Realty
Buyer's Agent
Alissa Dunn
Coldwell Banker Collins-Maury
List Price
$114,900
Sold Price
$85,000
Premium/Discount to List
-$29,900
-26.02%
Views
64
Current Estimated Value
$91,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,821
Avg. Annual Appreciation
8.02%
Original Mortgage
$81,600
Outstanding Balance
$80,699
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$11,122

Purchase Details

Closed on
Sep 19, 2016
Sold by
Wong Shu
Bought by
Lions Invsstmets Llc

Purchase Details

Listed on
Jul 24, 2013
Closed on
Aug 30, 2013
Sold by
Fannie Mae
Bought by
Wong Shu C
Seller's Agent
Verna Littleton
Fast Track Realty, LLC
Buyer's Agent
Deborah Harmon
Correale Builders and Realtors
List Price
$18,500
Sold Price
$18,000
Premium/Discount to List
-$500
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.38%

Purchase Details

Closed on
Jun 24, 2013
Sold by
Powers Jason B and Powers Tanya W
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 17, 2004
Sold by
Pace Lester and Thompson Stanley C
Bought by
Powers Jason B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2001
Sold by
Spencer Sonya M
Bought by
Hud
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
Comfort Home Solutions Llc $85,000 Nexus Title & Escrow
Lions Invsstmets Llc -- None Available
Wong Shu C $18,000 None Available
Federal National Mortgage Association $53,691 None Available
Powers Jason B $65,000 Assured Escrow & Title
Hud $47,437 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Comfort Home Solutions Llc $81,600
Previous Owner Powers Jason B $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2024 10/18/24 Sold $85,000 -5.5% $85 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
07/23/2024 07/23/24 Price Changed $89,900 -5.3% $90 / Sq Ft
07/08/2024 07/08/24 Price Changed $94,900 -4.6% $95 / Sq Ft
06/28/2024 06/28/24 Price Changed $99,500 -5.1% $100 / Sq Ft
06/27/2024 06/27/24 Price Changed $104,900 -8.7% $105 / Sq Ft
05/09/2024 05/09/24 For Sale $114,900 +538.3% $115 / Sq Ft
09/04/2013 09/04/13 Sold $18,000 -2.7% $18 / Sq Ft View Prior Sale
08/25/2013 08/25/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $18,500 -- $19 / 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 -- $21,375 $2,500 $18,875
2024 $459 $13,525 $2,050 $11,475
2023 $824 $13,525 $2,050 $11,475
2022 $824 $13,525 $2,050 $11,475
2021 $834 $13,525 $2,050 $11,475
2020 $810 $11,175 $2,050 $9,125
2019 $810 $11,175 $2,050 $9,125
2018 $810 $11,175 $2,050 $9,125
2017 $459 $11,175 $2,050 $9,125
2016 $545 $12,475 $0 $0
2014 $545 $12,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Crutcher

    Seller's Agent in 2024

    Eric Crutcher

    Doorstep Realty

    (901) 212-2414

    4 in this area

    99 Total Sales

    Eric Crutcher
    Section Image
  • Alissa Dunn

    Buyer's Agent in 2024

    Alissa Dunn

    Coldwell Banker Collins-Maury

    (901) 218-7953

    3 in this area

    49 Total Sales

    Alissa Dunn
    Section Image
  • Verna Littleton

    Seller's Agent in 2013

    Verna Littleton

    Fast Track Realty, LLC

    (901) 490-9449

    2 in this area

    97 Total Sales

    Verna Littleton
    Section Image

  • D

    Buyer's Agent in 2013

    Deborah Harmon

    Correale Builders and Realtors

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10171946

Memphis Area Association of REALTORS®

APN: 08-2030-0-0014

Tennessee Shelby County Memphis 38109 Westwood

4318 Durango Ln, Memphis, TN

This home is located at 4318 Durango Ln, Memphis, TN 38109 since 09 May 2024 and is currently estimated at $91,821, approximately $76 per square foot. This property was built in 1992. 4318 Durango Ln is a home located in Shelby County with nearby schools including Double Tree Elementary School, Chickasaw Middle School, and Westwood High School.

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