NOT LISTED FOR SALE

48 W Grand Heights Dr Memphis, TN 38109

Whitehaven Neighborhood

Estimated Value: $263,000 - $320,000

4 Beds
2.5 Baths
2,600-2,799 Sq Ft
$105/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $283,500 $101 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,757/month

27 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • 2 Fireplaces
  • Tile Flooring

About This Home

As of July 2022

Beautiful home with space galore. Bigger than most homes in the area. Property has a covered patio, gazebo and koi pond. No need to look any further. HOA is $300 per year. Earnest money to be made payable to preferred title and escrow. Seller closer is preferred title and escrow.

Last Agent to Sell the Property

Michelle Hayes Thomas

Hayes Homes and Realty, Inc License #265701 Listed on: 06/10/2022

Co-Listed By

Carolyn McAfee

Hayes Homes and Realty, Inc License #345734

Last Buyer's Agent

Michelle Hayes Thomas

Hayes Homes and Realty, Inc License #265701 Listed on: 06/10/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,876

Year Built

  • Built in 2005

Lot Details

  • 0.27 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,692 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Separate Formal Living Room
  • Tile Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Parking

  • 2 Car Garage
  • Front Facing Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • Southern Heights Phase 5 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 076145 E00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,876

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 766B
  • MAAR Subdivision Name: SOUTHERN HEIGHTS PH5
  • List Price Per Sq Ft: 110
  • Number Of Stories: 2
  • Price Per Sq Ft: 105.31
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2692
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Floors/Ceilings: Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 2
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 94
  • Acreage: 0.27
  • Lot Size: 107.14 X 101.64 (IRR)
  • Price Per Acre: 1092593

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 076145 E00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 13, 2022
Sold by
Nichols Gail C
Bought by
Hampton Britton C
Seller's Agent
Michelle Hayes Thomas
Hayes Homes and Realty, Inc
Buyer's Agent
Michelle Hayes Thomas
Hayes Homes and Realty, Inc
List Price
$295,000
Sold Price
$283,500
Premium/Discount to List
-$11,500
-3.9%
Views
1
Current Estimated Value
$293,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,371
Avg. Annual Appreciation
1.12%
Original Mortgage
$226,800
Outstanding Balance
$218,002
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$75,494

Purchase Details

Closed on
Jan 31, 2011
Sold by
Brown Yvonne
Bought by
Nichols Gail C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,465
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 2005
Sold by
Faxongillis Homes Inc
Bought by
Brown Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,760
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2004
Sold by
Legacy Land Development Llc
Bought by
Faxon Gillis Homes Inc
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
Hampton Britton C $283,500 Preferred Title & Escrow
Nichols Gail C $174,900 Multiple
Brown Yvonne $224,700 --
Faxon Gillis Homes Inc $177,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hampton Britton C $226,800
Previous Owner Nichols Gail C $166,118
Previous Owner Nichols Gail C $170,465
Previous Owner Brown Yvonne $179,760
Closed Brown Yvonne $44,970
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $283,500 -3.9% $109 / Sq Ft
06/10/2022 06/10/22 For Sale $295,000 -- $113 / 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 $1,876 $70,150 $8,500 $61,650
2024 $1,876 $55,350 $7,500 $47,850
2023 $3,372 $55,350 $7,500 $47,850
2022 $3,372 $55,350 $7,500 $47,850
2021 $4,007 $55,350 $7,500 $47,850
2020 $3,326 $45,900 $6,125 $39,775
2019 $1,467 $45,900 $6,125 $39,775
2018 $1,467 $45,900 $6,125 $39,775
2017 $1,502 $45,900 $6,125 $39,775
2016 $1,855 $42,450 $0 $0
2014 $1,855 $42,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10126298

Memphis Area Association of REALTORS®

APN: 07-6145-E0-0001