NOT LISTED FOR SALE

4505 Sumners Wells Rd Memphis, TN 38118

Oakhaven Neighborhood

Estimated Value: $93,000 - $150,000

4 Beds
1.5 Baths
1,400-1,599 Sq Ft
$68/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $39,500 $25 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $738/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Porch

About This Home

As of September 2021

Excellent investment opportunity/Flip. Property had a fire and will need renovation.

Last Agent to Sell the Property

Caleb Parr

Renshaw Company, REALTORS License #340494 Listed on: 09/10/2021

Last Buyer's Agent

Justin Lance

Keller Williams License #310176

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $867

Year Built

  • Built in 1973

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 52x115
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,404 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Porch

Community Details

  • East Whitehaven Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073110 00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$867

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 773B
  • MAAR Subdivision Name: WHITEHAVEN PARK (EAST)
  • List Price Per Sq Ft: 25
  • Number Of Stories: 1
  • Price Per Sq Ft: 28.13
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1404
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 2
  • Acreage: 0.14
  • Lot Size: 52X115
  • Price Per Acre: 249286

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 073110 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Sep 21, 2021
Sold by
Sanchez Matthew D and 4505 Sumner Wells Trusts
Bought by
Arije Wesley
Seller's Agent
Caleb Parr
Renshaw Company, REALTORS
Buyer's Agent
Justin Lance
Keller Williams
List Price
$34,900
Sold Price
$39,500
Premium/Discount to List
$4,600
13.18%
Current Estimated Value
$121,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,118
Avg. Annual Appreciation
32.85%

Purchase Details

Closed on
Feb 6, 2019
Sold by
3075 Ash Street Trust
Bought by
4505 Summer Wells Road Trust

Purchase Details

Closed on
Nov 2, 2018
Sold by
Sag Mir Wie Llc
Bought by
Sanchez Matthew and 3075 Ash Street Trust

Purchase Details

Closed on
Jul 28, 2017
Sold by
Clark Reginald and Taylor Ramon
Bought by
Sag Min We Llc

Purchase Details

Closed on
Jun 25, 2009
Sold by
Clark Reginald
Bought by
Clark Reginald and Taylor Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 22, 2009
Sold by
Liquidation Properties Inc
Bought by
Clark Reginald

Purchase Details

Closed on
Oct 2, 2008
Sold by
Munn Christopher
Bought by
Liquidation Properties Inc

Purchase Details

Closed on
Feb 15, 2007
Sold by
Nelson Stanley
Bought by
Munn Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2003
Sold by
Wells Fargo
Bought by
Nelson Stanley

Purchase Details

Closed on
May 30, 2002
Sold by
Stevenson Antonia and Stevenson Michael
Bought by
Wells Fargo and Norwest

Purchase Details

Closed on
Jul 2, 1997
Sold by
Stevenson Michael
Bought by
Stevenson Antonia and Stevenson Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,600
Interest Rate
7.92%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Arije Wesley $39,500 None Available
4505 Summer Wells Road Trust -- None Available
Sanchez Matthew $90,000 Saddle Creek Title Llc
Sag Min We Llc $35,000 None Available
Clark Reginald -- None Available
Clark Reginald $10,000 Lehman Title & Escrow Llc
Liquidation Properties Inc $39,000 None Available
Munn Christopher $77,000 American Title Company Inc
Nelson Stanley $26,500 Memphis Title Company
Wells Fargo $42,785 --
Stevenson Antonia -- Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Ramon $20,000
Previous Owner Munn Christopher $77,000
Previous Owner Stevenson Antonia $47,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $39,500 +13.2% $28 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $34,900 -- $25 / 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 $867 $36,625 $3,325 $33,300
2024 $867 $25,575 $2,650 $22,925
2023 $1,558 $25,575 $2,650 $22,925
2022 $1,558 $25,575 $2,650 $22,925
2021 $694 $25,575 $2,650 $22,925
2020 $1,514 $20,900 $2,650 $18,250
2019 $668 $20,900 $2,650 $18,250
2018 $411 $12,850 $2,650 $10,200
2017 $0 $0 $0 $0
2016 $575 $13,150 $0 $0
2014 $575 $13,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Caleb Parr

    Seller's Agent in 2021

    Caleb Parr

    Renshaw Company, REALTORS

    (901) 484-0478

    4 in this area

    396 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Justin Lance

    Keller Williams

    (877) 234-8777

    1 in this area

    303 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10108408

Memphis Area Association of REALTORS®

APN: 07-3110-0-0017

Tennessee Shelby County Memphis 38118 Oakhaven

4505 Sumners Wells Rd, Memphis, TN

This home is located at 4505 Sumners Wells Rd, Memphis, TN 38118 since 10 September 2021 and is currently estimated at $109,400, approximately $68 per square foot. This property was built in 1973. 4505 Sumners Wells Rd is a home located in Shelby County with nearby schools including Oakhaven Elementary School, Oakhaven Middle School, and Oakhaven High School.

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