NOT LISTED FOR SALE

4575 Aldersgate Rd Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $314,000 - $515,000

3 Beds
3 Baths
3,456 Sq Ft
$123/Sq Ft Est. Value

Sale Details

Date Sold: May 16, 2014

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

Est. 134% increase in value since last sale

Current estimated payment $2,690 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

0.64 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$426,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,051
Avg. Annual Appreciation
7.14%
Original Mortgage
$136,875
Outstanding Balance
$101,504
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$325,047

Purchase Details

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in East Memphis, TN

  • Reginald Harris Real Estate Agent - Harris Realty Services

    Reginald Harris

    Harris Realty Services

    (901) 390-9168

    39 Total Sales

    3 in East Memphis

    $300K - $420K Price Range

    Reginald Harris
     Section Image
  • Ronald Sandefer Real Estate Agent - Emmett Baird Realty, LLC

    Ronald Sandefer

    Emmett Baird Realty, LLC

    (901) 763-6886

    113 Total Sales

    9 in East Memphis

    $111K - $700K Price Range

    Ronald Sandefer
     Section Image
  • Kim Golden Real Estate Agent - Mint Realty Group

    Kim Golden

    Mint Realty Group

    (901) 267-0906

    68 Total Sales

    6 in East Memphis

    $153K - $635K Price Range

    Kim Golden
     Section Image
  • Ken Cannon Real Estate Agent - Crye-Leike of MS, Inc.

    Ken Cannon

    Crye-Leike of MS, Inc.

    (901) 509-9724

    145 Total Sales

    1 in East Memphis

    $104,900 Price

    Ken Cannon
     Section Image
  • Christy Flatley Real Estate Agent - Tiger Realty

    Christy Flatley

    Tiger Realty

    (865) 328-9689

    22 Total Sales

    1 in East Memphis

    $176,000 Price

    Christy Flatley
     Section Image
  • Thomas Henze Real Estate Agent - Hobson, REALTORS

    Thomas Henze

    Hobson, REALTORS

    (901) 519-3199

    43 Total Sales

    8 in East Memphis

    $175K - $427K Price Range

    Thomas Henze
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$182,500 Tri State Title & Escrow Inc
Dermon John A -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,179 $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

  • GM

    Seller's Agent in 2014

    George Merryfield

    Leco Realty, Inc.

    (901) 289-6772

    8 in this area

    21 Total Sales

    George Merryfield
    Section Image
  • Bill Bates Real Estate Agent - Crye-Leike, Inc., REALTORS

    Buyer's Agent in 2014

    Bill Bates

    Crye-Leike, Inc., REALTORS

    (901) 461-6677

    4 in this area

    48 Total Sales

    Bill Bates
    Section Image
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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

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