NOT LISTED FOR SALE

4593 Sumners Wells Rd Memphis, TN 38118

Oakhaven Neighborhood

Estimated Value: $90,000 - $98,504

3 Beds
1 Bath
974 Sq Ft
$98/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $89,900 $92 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $555/month

16 Days on Market

About This Home

As of June 2022

Attention investors! Check out this cash flowing investment opportunity. This property is already occupied and cash flowing for $788/Month to month. Do not disturb the tenants; no inspections until under contract. Make your offer contingent upon your inspection.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 05/04/2022

Last Buyer's Agent

Gabrielle Rowe

eXp Realty, LLC License #353304

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $421

Year Built

  • Built in 1973

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 55x112

Parking

  • 1 Parking Space

Interior Spaces

  • 974 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • East Whitehaven Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073110 00032

Home Details

Home Type

Single Family

Est. Annual Taxes

$421

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 773B
  • MAAR Subdivision Name: WHITEHAVEN PARK (EAST)
  • List Price Per Sq Ft: 92
  • Number Of Stories: 1
  • Price Per Sq Ft: 92.3
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 974
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Garage/Parking

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

Lot Info

  • Lot Number: 17
  • Acreage: 0.14
  • Lot Size: 55X112
  • Price Per Acre: 642143

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 073110 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jun 1, 2022
Sold by
Trident Business Consultants Llc
Bought by
Innovative Real Estate Investments Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Gabrielle Rowe
eXp Realty, LLC
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$95,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,726
Avg. Annual Appreciation
3.25%
Original Mortgage
$62,930
Outstanding Balance
$60,230
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$39,505

Purchase Details

Listed on
Jan 31, 2019
Closed on
May 16, 2019
Sold by
Herring Reginal and Herring Lovell
Bought by
Trident Basiness Consultants Llc
Seller's Agent
Linda Jeanniton
Infinity Group REALTORS, Inc.
Buyer's Agent
Brooke Fitzpatrick
CrestCore Realty MphsBrokerage
List Price
$58,900
Sold Price
$56,500
Premium/Discount to List
-$2,400
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.45%
Original Mortgage
$97,325
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2003
Sold by
Buyers Investment Group
Bought by
Herring Reginald and Herring Lovell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2002
Sold by
Wallace Marshall W and Wallace Cora Gwen
Bought by
Hud

Purchase Details

Closed on
Jan 6, 2000
Sold by
Lashley Mildred J
Bought by
Wallace Marshall W and Wallace Cora Gwen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,878
Interest Rate
7.8%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 1995
Bought by
Ross Curtis E
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
Innovative Real Estate Investments Llc $89,900 Haven Title
Trident Basiness Consultants Llc $56,500 Close Trak Closing & Ttl Svc
Herring Reginald $47,400 Lenders Title & Escrow Llc
Hud $53,879 --
Wallace Marshall W $49,399 --
Ross Curtis E $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Innovative Real Estate Investments Llc $62,930
Previous Owner Trident Basiness Consultants Llc $97,325
Previous Owner Herring Reginald $51,850
Previous Owner Herring Reginald $40,500
Previous Owner Wallace Marshall W $49,878
Closed Wallace Marshall W $3,037
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $89,900 0.0% $92 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $89,900 +59.1% $92 / Sq Ft
05/16/2019 05/16/19 Sold $56,500 -4.1% $565 / Sq Ft
01/31/2019 01/31/19 For Sale $58,900 -- $589 / 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 $421 $20,050 $3,325 $16,725
2024 $421 $12,425 $2,650 $9,775
2023 $757 $12,425 $2,650 $9,775
2022 $757 $12,425 $2,650 $9,775
2021 $429 $12,425 $2,650 $9,775
2020 $754 $10,400 $2,650 $7,750
2019 $332 $10,400 $2,650 $7,750
2018 $332 $10,400 $2,650 $7,750
2017 $340 $10,400 $2,650 $7,750
2016 $503 $11,500 $0 $0
2014 $503 $11,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2022

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    63 in this area

    1,426 Total Sales

    Dean Harris
    Section Image
  • Gabrielle Rowe

    Buyer's Agent in 2022

    Gabrielle Rowe

    eXp Realty, LLC

    (360) 241-4166

    1 in this area

    56 Total Sales

    Gabrielle Rowe
    Section Image

  • L

    Seller's Agent in 2019

    Linda Jeanniton

    Infinity Group REALTORS, Inc.

    Section Image

  • B

    Buyer's Agent in 2019

    Brooke Fitzpatrick

    CrestCore Realty MphsBrokerage

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10123188

Memphis Area Association of REALTORS®

APN: 07-3110-0-0032

Tennessee Shelby County Memphis 38118 Oakhaven

4593 Sumners Wells Rd, Memphis, TN

This home is located at 4593 Sumners Wells Rd, Memphis, TN 38118 since 04 May 2022 and is currently estimated at $95,626, approximately $98 per square foot. This property was built in 1973. 4593 Sumners Wells Rd is a home located in Shelby County with nearby schools including Oakhaven Elementary School, Oakhaven Middle School, and Oakhaven High School.

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