$140,000
SOLD NOV 9, 2023 RENTED DEC 16, 2024

4561 Longtree Ave Memphis, TN 38128

3 Beds
2 Baths
1,200-1,399 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$100 Per Sq Ft

4% Above List Price

20 Days on Market

About This Home

As of November 2023

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 09/29/2023

Last Buyer's Agent

Spencer Lindahl

Main Street Renewal, LLC License #331452

Main Street Renewal, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $975

Year Built

  • Built in 2001

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,375 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Cedar Ridge Plantation Sec E Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0147O L00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$975

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 732B
  • MAAR Subdivision Name: CEDAR RIDGE PLANTATION SEC E
  • Number Of Stories: 1
  • Price Per Sq Ft: 101.82
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1375
  • Year Built: 2001
  • List Price/ Sq Ft: 93
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 123
  • Acreage: 0.13
  • Lot Size: 6,000
  • Price Per Acre: 984615

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: D0147O L00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Nov 14, 2024
Sold by
Armm Asset Company 2 Llc
Bought by
Armm Assets 2 Llc
Seller's Agent
Stacey Spratlin
Main Street Renewal, LLC
Buyer's Agent
Stacey Spratlin
Main Street Renewal, LLC
Sold Price
$1,425
Views
402
Current Estimated Value
$163,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,343

Purchase Details

Listed on
Sep 29, 2023
Closed on
Nov 8, 2023
Sold by
P Fin Vii Mem Llc
Bought by
Armm Asset Company 2 Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$134,900
Sold Price
$140,000
Premium/Discount to List
$5,100
3.78%
Views
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
13.14%

Purchase Details

Closed on
Jan 23, 2020
Sold by
Cerberus Sfr Holdings Lp
Bought by
P Fin Vii Mem Llc

Purchase Details

Closed on
Sep 15, 2017
Sold by
Jeff 1 Llc
Bought by
Cerberus Sfr Holdings Lp
Source: Public Records

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Range of Values:

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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
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Special Warranty Deed $140,000 Summit Title & Escrow
Special Warranty Deed $31,221,284 None Available
Special Warranty Deed $4,267,076 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,600 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Rented $1,425 0.0% --
09/18/2024 09/18/24 Price Changed $1,425 -1.7% $1 / Sq Ft
09/11/2024 09/11/24 Price Changed $1,450 -4.9% $1 / Sq Ft
06/04/2024 06/04/24 Price Changed $1,525 -3.2% $1 / Sq Ft
02/01/2024 02/01/24 For Rent $1,575 0.0% --
11/09/2023 11/09/23 Sold $140,000 +9.4% $117 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
10/09/2023 10/09/23 Price Changed $128,000 -5.1% $107 / Sq Ft
09/29/2023 09/29/23 For Sale $134,900 -- $112 / 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 $975 $38,800 $3,250 $35,550
2024 -- $28,750 $2,900 $25,850
2023 $975 $28,750 $2,900 $25,850
2022 $975 $28,750 $2,900 $25,850
2021 $1,164 $28,750 $2,900 $25,850
2020 $664 $16,400 $2,900 $13,500
2019 $664 $16,400 $2,900 $13,500
2018 $664 $16,400 $2,900 $13,500
2017 $674 $16,400 $2,900 $13,500
2016 $718 $16,425 $0 $0
2014 $718 $16,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Stacey Spratlin

    Main Street Renewal, LLC

    (901) 487-9683

    2 in this area

    2 Total Sales

    Section Image
  • Dean Harris

    Seller's Agent in 2023

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    99 in this area

    1,428 Total Sales

    Section Image

  • S

    Buyer's Agent in 2023

    Spencer Lindahl

    Main Street Renewal, LLC

    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10157816

Memphis Area Association of REALTORS®

APN: D0-147O-L0-0011

Tennessee Shelby County Memphis 38128

4561 Longtree Ave, Memphis, TN

This home is located at 4561 Longtree Ave, Memphis, TN 38128 and is currently priced at $140,000, approximately $100 per square foot. This property was built in 2001. 4561 Longtree Ave is a home located in Shelby County with nearby schools including Lucy Elementary School, Woodstock Middle School, and Bolton High School.

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