NOT LISTED FOR SALE

4485 Mayo Ave Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $139,000 - $165,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$95/Sq Ft Est. Value

Sale Details

Date Sold: December 12, 2018

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

Est. 91% increase in value since last sale

Current estimated payment $908 / mo

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

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
  • Brick Veneer
  • 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

Year Built

Built in 1962

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BROADMOOR PARK
  • List Price Per Sq Ft: 55
  • Number Of Stories: 1
  • 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
  • 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

Tax Info

  • Assessor Parcel Number: 086024 00005

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Dec 12, 2018
Sold by
Bought by
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
$152,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,568
Avg. Annual Appreciation
8.95%
Original Mortgage
$78,551
Outstanding Balance
$70,141
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$82,427

Purchase Details

Closed on
May 2, 2006
Sold by
Bought by

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$80,000 Closing & Title Serivces
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $78,551
Previous Owner $94,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,013 $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

    69 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

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