$137,000
SOLD NOV 20, 2024 RENTED APR 9, 2025

4487 Sumners Wells Rd Memphis, TN 38118

Oakhaven Neighborhood
2 Beds
1 Bath
1,621 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$85 Per Sq Ft

9% Below List Price

33 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Hot Water Heating System
  • Step Saver Kitchen Design
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of November 2024

This property is currently under contract. This is a hot investment street, with a ton of potential tenants and increasing rents/values as the neighborhood is being turnkeyed. The neighborhood is close to the airport and several distribution centers with a strong need for workforce housing. The duplex was fixed up a few years ago, with a newer roof and should have newer mechanicals. The other side is on the market now for a tenant. Both units should rent in the $900, allowing for some great long-term income and an awesome reason to add it to your portfolio! Buyer to verify all facts; no showings until accepted offer. Do not disturb tenants. No assignable/wholesaler offers will be accepted. No seller-financing, so do not ask or offer; it will be rejected. Seller is selling all in Memphis market to invest in local market. Selling with 3 other duplexes and will split.

Last Agent to Sell the Property

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 10/04/2024

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $576

Year Built

  • Built in 1974

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,621 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Step Saver Kitchen Design

Flooring

  • Laminate
  • Tile

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • East Whitehaven Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 073110 00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$576

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 773B
  • MAAR Subdivision Name: WHITEHAVEN PARK (EAST)
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 84.52
  • Estimated Sq Ft: 1621
  • Year Built: 1974
  • List Price/ Sq Ft: 92
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Wood Laminate Floors, Tile, Smooth Ceiling
  • Estimated Entire Duplex Sq Ft: 1600-1799

Exterior Features

  • Misc Exterior: Separate Meters
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Gas, Individual System

Lot Info

  • Lot Description: Level
  • Lot Number: 159
  • Acreage: 0.16
  • Lot Size: 60X130
  • Price Per Acre: 936875
  • Geo Subdivision: TN

Rental Info

  • Tenants Pay: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 073110 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Nov 20, 2024
Sold by
Delta Blue Properties Llc
Bought by
Reyes Valencia Alex Adrian
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$149,900
Sold Price
$137,000
Premium/Discount to List
-$12,900
-8.61%
Views
7
Current Estimated Value
$133,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,317
Avg. Annual Appreciation
-0.56%
Original Mortgage
$102,750
Outstanding Balance
$102,165
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$34,235

Purchase Details

Listed on
Apr 12, 2018
Closed on
May 18, 2018
Sold by
Broady Sidney
Bought by
Delta Blue Properties Llc
Seller's Agent
Regina Hubbard
Fast Track Realty, LLC
Buyer's Agent
Thomas Blanche
Northpoint Asset Management, L
List Price
$62,500
Sold Price
$60,000
Premium/Discount to List
-$2,500
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%
Original Mortgage
$48,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2018
Closed on
Feb 6, 2018
Sold by
Payne Coronda
Bought by
Broady Sidney
Seller's Agent
Regina Hubbard
Fast Track Realty, LLC
Buyer's Agent
Kizzy Neder
Lawrence Johnson, REALTORS
List Price
$21,000
Sold Price
$21,050
Premium/Discount to List
$50
0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4113.47%

Purchase Details

Listed on
Jul 30, 2015
Closed on
Nov 20, 2015
Sold by
Fannie Mae
Bought by
Gasper Jeanette
Seller's Agent
Elizabeth Glosson
Fast Track Realty, LLC
Buyer's Agent
Regina Hubbard
Fast Track Realty, LLC
List Price
$31,000
Sold Price
$15,500
Premium/Discount to List
-$15,500
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%

Purchase Details

Closed on
Jun 18, 2015
Sold by
Young Staffardnett
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 26, 2009
Sold by
Young Staffardnett
Bought by
Y & S Properties Llc

Purchase Details

Closed on
Jun 13, 2006
Sold by
Y & S Properties Llc
Bought by
Young Staffardnett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 1, 2004
Sold by
Baker Richard D
Bought by
Y & S Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,066
Interest Rate
9%
Mortgage Type
Seller Take Back
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $137,000 River City Title & Escrow Llc
Warranty Deed $137,000 River City Title & Escrow Llc
Warranty Deed $60,000 None Available
Warranty Deed $21,050 Nexus Title & Escrow Llc
Special Warranty Deed $15,500 Attorney
Trustee Deed $33,200 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- Security Title Company Inc
Warranty Deed $103,066 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $102,750 New Conventional
Closed $102,750 New Conventional
Previous Owner $316,400 New Conventional
Previous Owner $48,000 New Conventional
Previous Owner $56,000 Fannie Mae Freddie Mac
Previous Owner $42,996 Unknown
Previous Owner $83,066 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Rented $825 0.0% --
02/07/2025 02/07/25 For Rent $825 0.0% --
11/20/2024 11/20/24 Sold $137,000 -8.6% $85 / Sq Ft
10/04/2024 10/04/24 For Sale $149,900 +149.8% $92 / Sq Ft
05/18/2018 05/18/18 Sold $60,000 -4.0% $37 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $62,500 +196.9% $39 / Sq Ft
02/06/2018 02/06/18 Sold $21,050 +0.2% $13 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $21,000 +35.5% $13 / Sq Ft
11/20/2015 11/20/15 Sold $15,500 -50.0% $10 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $31,000 -- $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 $576 $55,560 $5,320 $50,240
2024 $576 $17,000 $4,240 $12,760
2023 $1,036 $17,000 $4,240 $12,760
2022 $1,036 $17,000 $4,240 $12,760
2021 $1,231 $17,000 $4,240 $12,760
2020 $1,162 $16,040 $4,240 $11,800
2019 $513 $16,040 $4,240 $11,800
2018 $513 $16,040 $4,240 $11,800
2017 $525 $16,040 $4,240 $11,800
2016 $750 $17,160 $0 $0
2014 $750 $17,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10182588

Memphis Area Association of REALTORS®

APN: 07-3110-0-0014