NOT LISTED FOR SALE

4575 Aldersgate Rd Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $356,000 - $460,641

3 Beds
3 Baths
3,456 Sq Ft
$115/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $182,500 $53 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,400/month

25 Days on Market

Highlights

  • Wood Flooring
  • Separate Formal Living Room
  • 4 Car Detached Garage
  • White Station High Rated A
  • Formal Dining Room
  • Brick Veneer

About This Home

As of May 2014

RARE OPPORTUNITY! Owner has 3 family sized duplexes for sale that would be ideal for owner-occupancy! You buy and have tenant pay your mortgage! Also listed: 3778-80 Poplar, 4575-77 Aldersgate

Last Agent to Sell the Property

George Merryfield

Leco Realty, Inc. License #285635 Listed on: 03/10/2014

Last Buyer's Agent

Bill Bates

Crye-Leike, Inc., REALTORS License #204577

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • Level Lot

Home Design

  • Duplex
  • Brick Veneer

Interior Spaces

  • 3,456 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Formal Dining Room

Kitchen

  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Parking

  • 4 Car Detached Garage
  • Carport
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Laurelwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 057018 00006

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Ranch
  • Cross Street: PERKINS EXTEND
  • Second Address Number: 4577
  • MAAR Subdivision Name: BELLE MEADE
  • Freestanding: Yes
  • List Price Per Sq Ft: 58
  • Number Of Stories: 1
  • Estimated Sq Ft: 3456
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Vinyl Floor
  • Appliances Equipment: Refrigerator, Dishwasher, Exhaust Fan/Vent Hood
  • Estimated Entire Duplex Sq Ft: 3400-3599

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 4
  • Parking Display: C4D
  • Parking: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 6
  • Lot Size: 116.41/181.29 X 200/205.55

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 057018 00006

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2014
Closed on
May 16, 2014
Sold by
Zager Dana and Russ Jill
Bought by
Parikh Amit K
Seller's Agent
George Merryfield
Leco Realty, Inc.
Buyer's Agent
Bill Bates
Crye-Leike, Inc., REALTORS
List Price
$199,000
Sold Price
$182,500
Premium/Discount to List
-$16,500
-8.29%
Current Estimated Value
$396,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,714
Avg. Annual Appreciation
6.84%
Original Mortgage
$136,875
Outstanding Balance
$104,276
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$291,938

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
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Parikh Amit K $182,500 Tri State Title & Escrow Inc
Dermon John A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parikh Amit K $136,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2014 05/16/14 Sold $182,500 -8.3% $53 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $199,000 -- $58 / 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 $4,056 $155,360 $57,320 $98,040
2024 $4,056 $119,640 $55,840 $63,800
2023 $7,288 $119,640 $55,840 $63,800
2022 $7,288 $119,640 $55,840 $63,800
2021 $7,373 $119,640 $55,840 $63,800
2020 $5,948 $82,080 $55,840 $26,240
2019 $5,948 $82,080 $55,840 $26,240
2018 $5,948 $82,080 $55,840 $26,240
2017 $4,626 $112,560 $79,800 $32,760
2016 $3,671 $84,000 $0 $0
2014 $3,671 $138,960 $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

    23 Total Sales

    George Merryfield
    Section Image
  • Bill Bates

    Buyer's Agent in 2014

    Bill Bates

    Crye-Leike, Inc., REALTORS

    (901) 461-6677

    5 in this area

    51 Total Sales

    Bill Bates
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3292397

Memphis Area Association of REALTORS®

APN: 05-7018-0-0006

Tennessee Shelby County Memphis 38117 East Memphis

4575 Aldersgate Rd, Memphis, TN

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Nearby Homes