NOT LISTED FOR SALE

4740 Saint Elmo Ave Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $239,000 - $284,000

4 Beds
2 Baths
2,800-2,999 Sq Ft
$87/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $216,900 $72 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,513/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Sun or Florida Room
  • Wood Flooring
  • Separate Formal Living Room
  • Eat-In Kitchen

About This Home

As of June 2023

IT IS TIME TO STOP SEARCHING TODAY!!!! Sitting in the peaceful Forest Lakes subdivision of Raleigh, this 4 bedroom 2 bathroom home is not one to miss out on!!!! Roof replaced in 2022!!!! 2 year old fence!!!! You do not want to sit on your hands on this one!!!! CASH OR CONVENTIONAL ONLY!!!!

Last Agent to Sell the Property

Randell Richmond

eXp Realty, LLC License #360488 Listed on: 05/19/2023

eXp Realty, LLC

Last Buyer's Agent

Gerald Williams

KAIZEN Realty, LLC License #256582

KAIZEN Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,619

Year Built

  • Built in 1985

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 127x148
  • Wood Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Property Attached
  • Vinyl Siding

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,905 Sq Ft Home
  • 1.5-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Sun or Florida Room
  • Storm Doors
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Lakewood Forest 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 086015 A00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,619

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 732D
  • MAAR Subdivision Name: LAKEWOOD FOREST 1ST ADD
  • List Price Per Sq Ft: 81
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 74.66
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2905
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 2
  • Bedroom 4 Description: Level 2
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen
  • Other Rooms: Laundry Room, Sun Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wood Fence
  • Exterior Windows: Brick Veneer, Vinyl Siding, Storm Door(s)

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 53
  • Acreage: 0.43
  • Lot Size: 127X148
  • Price Per Acre: 546512

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 086015 A00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jun 30, 2023
Sold by
Tate James and Tuggle Tordesha
Bought by
Williams Lagerra
Seller's Agent
Randell Richmond
eXp Realty, LLC
Buyer's Agent
Gerald Williams
KAIZEN Realty, LLC
List Price
$248,000
Sold Price
$216,900
Premium/Discount to List
-$31,100
-12.54%
Views
163
Current Estimated Value
$260,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,773
Avg. Annual Appreciation
8.32%
Original Mortgage
$212,970
Outstanding Balance
$207,890
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$52,783

Purchase Details

Listed on
Oct 9, 2019
Closed on
Mar 9, 2020
Sold by
Hemani Sohall
Bought by
Tate James and Tuggle Tordesha
Seller's Agent
Nikki Rowland
Turn Key Realty Group
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$189,900
Sold Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$186,459
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
May 14, 2019
Closed on
May 29, 2019
Sold by
Nationstar Home Equity Loan Trust
Bought by
Hemiani Sohall
Seller's Agent
Lydia Nance
BEST Real Estate Company
Buyer's Agent
Nikki Rowland
Turn Key Realty Group
List Price
$90,000
Sold Price
$102,500
Premium/Discount to List
$12,500
13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
120.46%

Purchase Details

Listed on
May 14, 2019
Closed on
Apr 11, 2019
Sold by
Smith Dan and Smith Melanie
Bought by
The Bank Of New York Mellon and Nationstar Home Equity Loan Trust
Seller's Agent
Lydia Nance
BEST Real Estate Company
Buyer's Agent
Nikki Rowland
Turn Key Realty Group
List Price
$90,000
Sold Price
$102,500
Premium/Discount to List
$12,500
13.89%

Purchase Details

Closed on
Jun 28, 2000
Sold by
Tillis Cynthia A
Bought by
Smith Dan and Smith Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,220
Interest Rate
8.3%
Source: Public Records

Range of Values:

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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
Williams Lagerra $216,900 Regency Title & Escrow
Tate James $189,900 Quality Title Group Llc
Hemiani Sohall $102,500 Quality Title Group
The Bank Of New York Mellon $202,688 None Available
Smith Dan $153,000 American Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Lagerra $212,970
Previous Owner Tate James $186,459
Previous Owner Smith Dan $140,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2023 06/30/23 Sold $216,900 -7.7% $77 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
05/26/2023 05/26/23 Price Changed $235,000 -5.2% $84 / Sq Ft
05/19/2023 05/19/23 For Sale $248,000 +30.6% $89 / Sq Ft
03/11/2020 03/11/20 Sold $189,900 0.0% $59 / Sq Ft View Prior Sale
10/09/2019 10/09/19 For Sale $189,900 +85.3% $59 / Sq Ft
05/30/2019 05/30/19 Sold $102,500 +13.9% $32 / Sq Ft View Prior Sale
05/28/2019 05/28/19 Pending -- -- --
05/14/2019 05/14/19 For Sale $90,000 -- $28 / 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 $1,619 $64,900 $6,625 $58,275
2024 $1,619 $47,750 $6,200 $41,550
2023 $2,909 $47,750 $6,200 $41,550
2022 $2,909 $47,750 $6,200 $41,550
2021 $1,647 $47,750 $6,200 $41,550
2020 $2,089 $28,825 $6,200 $22,625
2019 $921 $28,825 $6,200 $22,625
2018 $921 $28,825 $6,200 $22,625
2017 $943 $28,825 $6,200 $22,625
2016 $1,377 $31,500 $0 $0
2014 $1,377 $31,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randell Richmond

    Seller's Agent in 2023

    Randell Richmond

    eXp Realty, LLC

    (580) 483-7740

    1 in this area

    51 Total Sales

    Randell Richmond
    Section Image

  • G

    Buyer's Agent in 2023

    Gerald Williams

    KAIZEN Realty, LLC

    (901) 219-9054

    10 in this area

    18 Total Sales

    Gerald Williams
    Section Image
  • Nikki Rowland

    Seller's Agent in 2020

    Nikki Rowland

    Turn Key Realty Group

    (901) 896-8566

    2 in this area

    98 Total Sales

    Nikki Rowland
    Section Image

  • N

    Buyer's Agent in 2020

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Lydia Nance

    Seller's Agent in 2019

    Lydia Nance

    BEST Real Estate Company

    (901) 413-0105

    2 in this area

    76 Total Sales

    Lydia Nance
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10148378

Memphis Area Association of REALTORS®

APN: 08-6015-A0-0008

Tennessee Shelby County Memphis 38128 Raleigh

4740 Saint Elmo Ave, Memphis, TN

This home is located at 4740 Saint Elmo Ave, Memphis, TN 38128 since 19 May 2023 and is currently estimated at $260,673, approximately $86 per square foot. This property was built in 1985. 4740 Saint Elmo Ave is a home located in Shelby County with nearby schools including Scenic Hills Elementary School, Raleigh Egypt High School, and Promise Academy - Spring Hill.

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.

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