NOT LISTED FOR SALE

4553 Aldersgate Rd Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $427,000 - $516,949

3 Beds
3 Baths
3,754 Sq Ft
$128/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $202,000 $54 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,811/month

38 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Formal Dining Room
  • White Station High Rated A
  • Separate Formal Living Room
  • 2 Car Attached Garage

About This Home

As of May 2014

Family sized duplex rarely available! Each floor near 2000 sq ft! PLEASE do not disturb tenants. No Sign.

Last Agent to Sell the Property

George Merryfield

Leco Realty, Inc. License #285635 Listed on: 03/11/2014

Last Buyer's Agent

Sharon Douglas

Clearpoint, REALTORS License #51052

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 110 x 200
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,754 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Formal Dining Room

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Parking

  • 2 Car Attached Garage
  • Carport

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Laurelwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 057018 00004

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0.51 Acres

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: BELLE MEADE
  • Freestanding: Yes
  • List Price Per Sq Ft: 64
  • Number Of Stories: 2
  • Estimated Sq Ft: 3754
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Vinyl Floor
  • Estimated Entire Duplex Sq Ft: 3800-3999

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 4
  • Lot Size: 110 X 200

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 057018 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2014
Closed on
May 16, 2014
Sold by
Zagar Dana and Russ Jill
Bought by
Martin Kevin L and Martin Elise
Seller's Agent
George Merryfield
Leco Realty, Inc.
Buyer's Agent
Sharon Douglas
Clearpoint, REALTORS
List Price
$239,000
Sold Price
$202,000
Premium/Discount to List
-$37,000
-15.48%
Current Estimated Value
$480,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,650
Avg. Annual Appreciation
7.57%
Original Mortgage
$240,000
Outstanding Balance
$183,181
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$297,469

Purchase Details

Closed on
Oct 16, 2003
Sold by
Dermon John A and Dermon Dave
Bought by
Dermon John A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martin Kevin L -- Delta Title Services Llc
Martin Kevin L -- Delta Title Services Llc
Martin Kevin L -- Delta Title Services Llc
Martin Kevin L $202,000 Delta Title Services Llc
Dermon John A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Kevin L $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2014 05/16/14 Sold $202,000 -15.5% $54 / Sq Ft
04/18/2014 04/18/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $239,000 -- $64 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $2,917 $103,975 $45,350 $58,625
2024 $2,917 $86,050 $44,175 $41,875
2023 $5,242 $86,050 $44,175 $41,875
2022 $5,242 $86,050 $44,175 $41,875
2021 $5,303 $86,050 $44,175 $41,875
2020 $4,373 $60,350 $44,175 $16,175
2019 $4,373 $60,350 $44,175 $16,175
2018 $4,373 $60,350 $44,175 $16,175
2017 $2,480 $60,350 $44,175 $16,175
2016 $2,479 $56,725 $0 $0
2014 $4,597 $105,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    George Merryfield

    Leco Realty, Inc.

    (901) 289-6772

    7 in this area

    20 Total Sales

    George Merryfield
    Section Image

  • S

    Buyer's Agent in 2014

    Sharon Douglas

    Clearpoint, REALTORS

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3292406

Memphis Area Association of REALTORS®

APN: 05-7018-0-0004

Tennessee Shelby County Memphis 38117 East Memphis

4553 Aldersgate Rd, Memphis, TN

Not Listed for Sale

MultiFamily

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