NOT LISTED FOR SALE

4485 Mayo Ave Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $150,000 - $170,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$101/Sq Ft Est. Value

Last Sold December 12, 2018

Last sale price $80,000 $50 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $955/month

165 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Porch
  • Wood Flooring
  • Den with Fireplace
  • Eat-In Kitchen

About This Home

As of December 2018

Cute! Great investor opportunity!! 3 bedroom/ 2 bath with tons of potential! Carport entrance to Mud/ Laundry Room. Separate Living Room, Dining Room, Den with cozy wood burning fireplace and real hardwood floors. Huge fenced backyard with 2 storage sheds!

Last Agent to Sell the Property

Carla Faye Torkelson

LPT Realty, LLC License #309251 Listed on: 06/28/2018

Last Buyer's Agent

Michell Smith

Keller Williams Realty License #335394

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $943

Year Built

  • Built in 1962

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70 x 140
  • Wood Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,516 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Fireplace Features Masonry
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Burglar Security System
  • Iron Doors

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Community Details

  • Broadmaoor Park Blk C 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 086024 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$943

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 732C
  • MAAR Subdivision Name: BROADMOOR PARK
  • List Price Per Sq Ft: 55
  • Number Of Stories: 1
  • Price Per Sq Ft: 52.77
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1516
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room, Glass Doors
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry
  • Misc Interior: Pull Down Attic Stairs, Security System, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Patio, Storage
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Burglar Alarm, Iron Door(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced
  • Lot Number: 21
  • Acreage: 0.22
  • Lot Size: 70 X 140
  • Price Per Acre: 376818

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 086024 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Dec 12, 2018
Sold by
Crume Charles C
Bought by
Owens Jerry L
Seller's Agent
Carla Faye Torkelson
LPT Realty, LLC
Buyer's Agent
Michell Smith
Keller Williams Realty
List Price
$84,900
Sold Price
$80,000
Premium/Discount to List
-$4,900
-5.77%
Current Estimated Value
$162,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,027
Avg. Annual Appreciation
9.43%
Original Mortgage
$78,551
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2006
Sold by
Bradley Lisa G
Bought by
Crume Charles C and Kurts Crume Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Owens Jerry L $80,000 Closing & Title Serivces
Crume Charles C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Jerry L $104,802
Closed Owens Jerry L $78,551
Previous Owner Crume Charles C $94,000
Previous Owner Kurts Crume Lisa $11,590
Previous Owner Crume Charles $74,252
Previous Owner Kurts Crume Lisa G $69,922
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2018 12/12/18 Sold $80,000 -3.5% $57 / Sq Ft
07/24/2018 07/24/18 Price Changed $82,900 -2.4% $59 / Sq Ft
06/28/2018 06/28/18 For Sale $84,900 -- $61 / 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 $943 $37,675 $3,250 $34,425
2024 $943 $27,825 $2,900 $24,925
2023 $1,695 $27,825 $2,900 $24,925
2022 $1,695 $27,825 $2,900 $24,925
2021 $960 $27,825 $2,900 $24,925
2020 $1,306 $18,025 $2,900 $15,125
2019 $576 $18,025 $2,900 $15,125
2018 $576 $18,025 $2,900 $15,125
2017 $590 $18,025 $2,900 $15,125
2016 $775 $17,725 $0 $0
2014 $775 $17,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carla Faye Torkelson

    Seller's Agent in 2018

    Carla Faye Torkelson

    LPT Realty, LLC

    (901) 334-1775

    1 in this area

    80 Total Sales

    Carla Faye Torkelson
    Section Image

  • M

    Buyer's Agent in 2018

    Michell Smith

    Keller Williams Realty

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10030611

Memphis Area Association of REALTORS®

APN: 08-6024-0-0005

Tennessee Shelby County Memphis 38128 Raleigh

4485 Mayo Ave, Memphis, TN

This home is located at 4485 Mayo Ave, Memphis, TN 38128 since 28 June 2018 and is currently estimated at $162,027, approximately $101 per square foot. This property was built in 1962. 4485 Mayo Ave is a home located in Shelby County with nearby schools including Raleigh Egypt High School, Coleman School, and Promise Academy - Spring Hill.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes