NOT LISTED FOR SALE

4582 Trout Valley Dr Memphis, TN 38141

Parkway Village Neighborhood

Estimated Value: $155,000 - $170,901

3 Beds
2 Baths
1,545 Sq Ft
$105/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $40,000 $26 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $950/month

Highlights

  • 1 Fireplace
  • Community Pool
  • 1-Story Property

About This Home

As of May 2016

Impressive collection of properties being sold by single owner entity. Several desirable areas of Memphis Metro available. All parcels offered as-is/where-is with all faults and no guarantees. Buyer to satisfy due diligence prior to or during inspection period. Seller and his agents offer no knowledge or opinions regarding condition. Offers on multiple listings presented simultaneously encouraged and likely given greatest negotiation position. See full list of properties in attachments.

Last Agent to Sell the Property

Bert Less

Leco Realty, Inc. License #208330 Listed on: 02/26/2016

Last Buyer's Agent

Alison Restivo

The Restivo Group, REALTORS License #274936

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,163

Year Built

  • Built in 1977

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 75 x 120

Parking

  • 1 Parking Space

Interior Spaces

  • 1,545 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 093725 A00071

Community Details

Overview

  • Ridgeway Estates Sec F Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,163

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 786D
  • MAAR Subdivision Name: RIDGEWAY ESTATES SEC F
  • List Price Per Sq Ft: 32
  • Number Of Stories: 1
  • Price Per Sq Ft: 25.89
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1545
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Pool Description: Neighborhood

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 971
  • Acreage: 0.2
  • Lot Size: 75 X 120
  • Price Per Acre: 249500

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093725 A00071

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2016
Sold by
Elder Samuel D
Bought by
Snjr Real Estate Llc
Current Estimated Value
$162,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Outstanding Balance
$57,448
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$105,277

Purchase Details

Closed on
Aug 8, 2016
Sold by
Mid South Homebuyers Inc
Bought by
Elder Samuel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Outstanding Balance
$57,448
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$105,277

Purchase Details

Listed on
Feb 26, 2016
Closed on
May 31, 2016
Sold by
Wim Real Estate Investments I Llc
Bought by
Midsouth Homebuyers Inc
Seller's Agent
Bert Less
Leco Realty, Inc.
Buyer's Agent
Alison Restivo
The Restivo Group, REALTORS
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.08%

Purchase Details

Closed on
Aug 2, 2013
Sold by
Fairway Capital Partners Llc
Bought by
Wim Real Estate Inivestments I Llc

Purchase Details

Closed on
Nov 11, 2009
Sold by
Boone Jeffrey M and Boone Richard B
Bought by
Fairway Capital Partners Llc

Purchase Details

Closed on
Oct 1, 2003
Sold by
Citifinancial Mortgage Co Inc
Bought by
Boone Jeff and Boone Richard

Purchase Details

Closed on
May 8, 2003
Sold by
Ward Esther and Lane Marion
Bought by
Citifinancial Mortgage Co Inc

Purchase Details

Closed on
Aug 28, 1998
Sold by
Hale Sarah B
Bought by
Ward Esther and Lane Marion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,050
Interest Rate
10.77%
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
Snjr Real Estate Llc -- Saddle Creek Title Llc
Elder Samuel D $90,000 Saddle Creek Title Llc
Midsouth Homebuyers Inc $40,000 Saddle Creek Title
Wim Real Estate Inivestments I Llc $73,604 None Available
Fairway Capital Partners Llc -- None Available
Boone Jeff $56,000 Edco Title & Closing Service
Citifinancial Mortgage Co Inc $64,000 --
Ward Esther $93,000 Equity Title & Escrow Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elder Samuel D $72,000
Previous Owner Ward Esther $79,050
Closed Ward Esther $9,300
Closed Midsouth Homebuyers Inc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2016 05/31/16 Sold $40,000 -19.8% $26 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $49,900 -- $32 / 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 $1,163 $45,475 $4,725 $40,750
2024 $1,163 $34,300 $3,625 $30,675
2023 $2,089 $34,300 $3,625 $30,675
2022 $2,089 $34,300 $3,625 $30,675
2021 $2,114 $34,300 $3,625 $30,675
2020 $1,623 $22,400 $3,625 $18,775
2019 $1,623 $22,400 $3,625 $18,775
2018 $1,623 $22,400 $3,625 $18,775
2017 $921 $22,400 $3,625 $18,775
2016 $752 $17,200 $0 $0
2014 $752 $17,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bert Less

    Leco Realty, Inc.

    Section Image

  • A

    Buyer's Agent in 2016

    Alison Restivo

    The Restivo Group, REALTORS

    (901) 461-4197

    26 Total Sales

    Alison Restivo
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9971321

Memphis Area Association of REALTORS®

APN: 09-3725-A0-0071

Tennessee Shelby County Memphis 38141 Parkway Village

4582 Trout Valley Dr, Memphis, TN

This home is located at 4582 Trout Valley Dr, Memphis, TN 38141 since 26 February 2016 and is currently estimated at $162,725, approximately $105 per square foot. This property was built in 1977. 4582 Trout Valley Dr is a home located in Shelby County with nearby schools including Crump Elementary School, Kirby High School, and Memphis School of Excellence.

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