NOT LISTED FOR SALE

4340 Gailwood Ave Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $117,372 - $147,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$97/Sq Ft Est. Value

Last Sold May 03, 2012

Last sale price $30,000 $21 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $742/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Outdoor Storage
  • Wood Flooring
  • 2 Car Detached Garage
  • Central Heating

About This Home

As of May 2012

3 bedrooms, 1 bath, hardwood floors, attached carport. Bank of America prequalification required on all financed offers

Last Agent to Sell the Property

Sam Hanks

Broker South Realty License #285943 Listed on: 03/22/2012

Last Buyer's Agent

Steve Pierotti

Chamberwood Realty Group License #253524

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $538

Year Built

  • Built in 1955

Lot Details

  • 6,098 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,249 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Carport
  • Driveway

Outdoor Features

  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • Wells Terrace A,B,C&E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053104 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$538

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752D
  • MAAR Subdivision Name: WELLS TERRACE
  • Number Of Stories: 1
  • Price Per Sq Ft: 24.02
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1249
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2D
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 124
  • Acreage: 0.14
  • Lot Size: .14

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 053104 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2012
Closed on
May 7, 2012
Sold by
The Bank Of New York Mellon
Bought by
Fennel Llc
Seller's Agent
Sam Hanks
Broker South Realty
Buyer's Agent
Steve Pierotti
Chamberwood Realty Group
List Price
$25,300
Sold Price
$30,000
Premium/Discount to List
$4,700
18.58%
Current Estimated Value
$127,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,234
Avg. Annual Appreciation
11.11%

Purchase Details

Closed on
Dec 29, 2011
Sold by
Lang Michael S
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Sep 21, 2006
Sold by
Cobb Dorothy O
Bought by
Lang Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
8.75%
Mortgage Type
New Conventional
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
Fennel Llc $30,000 None Available
The Bank Of New York Mellon $46,977 None Available
Lang Michael S $60,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lang Michael S $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2012 05/03/12 Sold $30,000 +18.6% $25 / Sq Ft
04/05/2012 04/05/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $25,300 -- $21 / 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 $538 $31,000 $4,125 $26,875
2024 $538 $15,875 $1,750 $14,125
2023 $967 $15,875 $1,750 $14,125
2022 $967 $15,875 $1,750 $14,125
2021 $978 $15,875 $1,750 $14,125
2020 $830 $11,450 $1,750 $9,700
2019 $830 $11,450 $1,750 $9,700
2018 $830 $11,450 $1,750 $9,700
2017 $471 $11,450 $1,750 $9,700
2016 $475 $10,875 $0 $0
2014 $475 $10,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Hanks

    Seller's Agent in 2012

    Sam Hanks

    Broker South Realty

    (901) 378-0494

    29 Total Sales

    Section Image
  • Steve Pierotti

    Buyer's Agent in 2012

    Steve Pierotti

    Chamberwood Realty Group

    (901) 550-4241

    23 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3243417

Memphis Area Association of REALTORS®

APN: 05-3104-0-0021

Tennessee Shelby County Memphis 38122 Berclair

4340 Gailwood Ave, Memphis, TN

This home is located at 4340 Gailwood Ave, Memphis, TN 38122 since 22 March 2012 and is currently estimated at $135,593, approximately $96 per square foot. This property was built in 1955. 4340 Gailwood Ave 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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