NOT LISTED FOR SALE

4450 Park Ave Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $560,000 - $762,195

5 Beds
3.5 Baths
4,000-4,499 Sq Ft
$147/Sq Ft Est. Value

Last Sold March 30, 2015

Last sale price $283,000 $63 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $3,685/month

Highlights

  • 0.86 Acre Lot
  • Deck
  • Traditional Architecture
  • White Station High Rated A
  • Living Room with Fireplace
  • 3 Car Attached Garage

About This Home

As of March 2015

LOCATION, LOCATION, LOCATION! This 5 BD/3.5 BA home will not last long. Home is located in a central location in east Memphis, convenient to amenities, schools, shopping & major hwys. Home needs repairs but the home is worth it. Wd flooring throughout, 2 fireplaces, spacious bdrms & much more. REO PROPERTY-BANK OWNED. PROPERTY SOLD AS IS. Listing Broker & Seller assume no responsibility & make no guarantees, warranties or representations as to accuracy of the property information or photographs

Last Agent to Sell the Property

Georgia Landry

Trek Property Management License #286174 Listed on: 01/20/2015

Last Buyer's Agent

Virginia Sharp

Ware Jones, REALTORS License #267532

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,048

Year Built

  • Built in 1945

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 125 x 300
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 4,352 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Partial Basement

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • All Upper Level Bedrooms

Parking

  • 3 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Heard Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 057013 00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,048

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 759A
  • MAAR Subdivision Name: HEARD
  • List Price Per Sq Ft: 32
  • Number Of Stories: 2
  • Price Per Sq Ft: 65.03
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4352
  • Year Built: 1945
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: In Living Room
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 2
  • Total Bathrooms: 3.1

Exterior Features

  • Misc Exterior: Patio, Deck
  • Exterior Windows: Brick Veneer
  • Foundation: Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 3
  • Parking Display: C3A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Gas

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level
  • Lot Number: 92and93
  • Acreage: 0.86
  • Lot Size: 125 X 300
  • Price Per Acre: 160233

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: 057013 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2015
Closed on
Mar 16, 2015
Sold by
Bank Of America
Bought by
James Mitch L and James Holly
Seller's Agent
Georgia Landry
Trek Property Management
Buyer's Agent
Virginia Sharp
Ware Jones, REALTORS
List Price
$137,800
Sold Price
$283,000
Premium/Discount to List
$145,200
105.37%
Current Estimated Value
$662,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,799
Avg. Annual Appreciation
8.78%
Original Mortgage
$400,000
Interest Rate
3.89%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 23, 2014
Sold by
Residential Funding Company Llc
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 9, 2010
Sold by
Gibson Ralph T and Gibson Suzanne W
Bought by
Residential Funding Company Llc and Residential Funding Corporation

Purchase Details

Closed on
Jan 3, 2003
Sold by
Dumas Michael E
Bought by
Gibson Ralph T and Gibson Suzanne W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.1%
Source: Public Records

Range of Values:

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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
James Mitch L $283,000 Southern Trust Title Co
Bank Of America Na -- Southern Trust Title Co
Residential Funding Company Llc $241,804 None Available
Gibson Ralph T $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Mitch L $400,000
Previous Owner Gibson Ralph T $360,000
Closed Gibson Ralph T $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2015 03/30/15 Sold $283,000 +105.4% $71 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $137,800 -- $34 / 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 $2,048 $152,825 $65,400 $87,425
2024 $2,048 $140,975 $38,250 $102,725
2023 $8,588 $140,975 $38,250 $102,725
2022 $8,588 $140,975 $38,250 $102,725
2021 $8,688 $140,975 $38,250 $102,725
2020 $7,925 $109,375 $38,250 $71,125
2019 $7,925 $109,375 $38,250 $71,125
2018 $7,925 $109,375 $38,250 $71,125
2017 $4,495 $109,375 $38,250 $71,125
2016 $4,322 $98,900 $0 $0
2014 $4,322 $98,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Georgia Landry

    Trek Property Management

  • Virginia Sharp

    Buyer's Agent in 2015

    Virginia Sharp

    Ware Jones, REALTORS

    (901) 359-3601

    28 in this area

    58 Total Sales

    Virginia Sharp
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9943511

Memphis Area Association of REALTORS®

APN: 05-7013-0-0026

Tennessee Shelby County Memphis 38117 Audubon Park

4450 Park Ave, Memphis, TN

This home is located at 4450 Park Ave, Memphis, TN 38117 since 20 January 2015 and is currently estimated at $662,799, approximately $147 per square foot. This property was built in 1945. 4450 Park Ave is a home located in Shelby County with nearby schools including Sherwood Elementary School, Colonial Middle, and White Station High.

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