NOT LISTED FOR SALE

4606 E Mallory Ave Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $106,000 - $151,080

3 Beds
2 Baths
1,000-1,199 Sq Ft
$103/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $82,000 $68 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $719/month

55 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Brick Veneer
  • Wood Flooring
  • 1 Car Attached Garage
  • Patio

About This Home

As of May 2020

Great Investment Opportunity ~ Currently Rented for Two Years ~ $895 Rent for First Year and $920 for Second Year

Last Agent to Sell the Property

Jennifer Carstensen

Real Estate Agency License #317824 Listed on: 02/21/2020

Last Buyer's Agent

Benjamin Reed

Reed & Associates of Tenn, LLC License #286831

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 10,454 Sq Ft Lot
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,097 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Storm Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Additional Features

  • Patio
  • Central Air

Community Details

  • Willow Park A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066041 00020

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 82
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1097
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room

Exterior Features

  • Misc Exterior: Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 57
  • Acreage: 0.24
  • Lot Size: 0.24

Tax Info

  • Assessor Parcel Number: 066041 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
May 28, 2020
Sold by
Equity Trust Co
Bought by
Lopez Maximo A
Seller's Agent
Jennifer Carstensen
Real Estate Agency
Buyer's Agent
Benjamin Reed
Reed & Associates of Tenn, LLC
List Price
$90,000
Sold Price
$82,000
Premium/Discount to List
-$8,000
-8.89%
Current Estimated Value
$125,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,398
Avg. Annual Appreciation
7.55%
Original Mortgage
$61,125
Outstanding Balance
$54,046
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$69,724

Purchase Details

Listed on
May 17, 2013
Closed on
Jun 20, 2014
Sold by
Soleil Properties Gp
Bought by
Equity Trust Co and Sam Bates Ira
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$84,900
Sold Price
$80,900
Premium/Discount to List
-$4,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.23%
Original Mortgage
$40,450
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2010
Sold by
Soleil Properties Llc
Bought by
Soleil Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2009
Sold by
Clothier Brett
Bought by
Soleil Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2009
Sold by
Soleil Properties Llc
Bought by
Clothier Brett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2008
Sold by
Fiveash Kimberly D
Bought by
Hud

Purchase Details

Closed on
Dec 8, 1997
Sold by
Brown Donna Kay Declue
Bought by
Fiveash Kimberly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,823
Interest Rate
7.26%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lopez Maximo A $83,000 None Available
Equity Trust Co $80,900 None Available
Soleil Properties Llc -- Multiple
Soleil Properties -- None Available
Clothier Brett -- None Available
Hud $57,688 None Available
Fiveash Kimberly D $56,000 --
Fiveash Kimberly D $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Maximo A $61,125
Previous Owner Equity Trust Co $40,450
Previous Owner Soleil Properties Llc $484,000
Previous Owner Soleil Properties $54,000
Previous Owner Clothier Brett $56,000
Previous Owner Fiveash Kimberly D $56,823
Closed Fiveash Kimberly D $2,730
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2020 05/27/20 Sold $82,000 -8.9% $82 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $90,000 +11.2% $90 / Sq Ft
06/20/2014 06/20/14 Sold $80,900 -4.7% $81 / Sq Ft View Prior Sale
05/15/2014 05/15/14 Pending -- -- --
05/17/2013 05/17/13 For Sale $84,900 -- $85 / 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 $836 $30,750 $8,000 $22,750
2024 $836 $24,675 $4,425 $20,250
2023 $1,503 $24,675 $4,425 $20,250
2022 $1,503 $24,675 $4,425 $20,250
2021 $1,521 $24,675 $4,425 $20,250
2020 $1,263 $17,425 $4,425 $13,000
2019 $557 $17,425 $4,425 $13,000
2018 $557 $17,425 $4,425 $13,000
2017 $570 $17,425 $4,425 $13,000
2016 $678 $15,525 $0 $0
2014 $678 $15,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Carstensen

    Seller's Agent in 2020

    Jennifer Carstensen

    Real Estate Agency

    (901) 201-0280

    16 in this area

    320 Total Sales

    Jennifer Carstensen
    Section Image

  • B

    Buyer's Agent in 2020

    Benjamin Reed

    Reed & Associates of Tenn, LLC

    (901) 870-2966

    2 in this area

    54 Total Sales

    Benjamin Reed
    Section Image

  • M

    Seller's Agent in 2014

    Mark Saller

    Reedy Group II, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10071387

Memphis Area Association of REALTORS®

APN: 06-6041-0-0020

Tennessee Shelby County Memphis 38117 Colonial Acres

4606 E Mallory Ave, Memphis, TN

Not Listed for Sale

Detached

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