NOT LISTED FOR SALE

4840 Lake Dr Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $756,000 - $827,000

5 Beds
6 Baths
5,000-5,499 Sq Ft
$146/Sq Ft Est. Value

Last Sold August 06, 2024

Last sale price $780,000 $142 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,725/month

18 Days on Market

Highlights

  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • 0.8 Acre Lot
  • White Station High Rated A
  • Updated Kitchen
  • Landscaped Professionally

About This Home

As of August 2024

The well-designed plan of this home will make your day so easy and enjoyable! Enjoy tranquil moments in the pool, spa, or screened gazebo. Inside, choose from elegant formal rooms or gather everyone in warm casual spaces with multiple fireplaces. Luxuriate in your private suite with a study, fireplace, spacious bath, and direct access to the spa. Quality touches throughout like built-in cabinetry, hardwood floors, and high ceilings. Don't miss the magical mossy shade garden and screened gazebo!

Last Agent to Sell the Property

Margaret Mikkelsen

Marx-Bensdorf, REALTORS License #355934 Listed on: 06/02/2024

Last Buyer's Agent

Meatha Haynes Tapley

Crye-Leike, Inc., REALTORS License #312020

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,763

Year Built

  • Built in 1958

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 108x326
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped Professionally
  • Sprinklers on Timer
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 5,000-5,499 Sq Ft Home
  • 5,369 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 4 Fireplaces
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Library
  • Bonus Room with Fireplace
  • Play Room
  • Screened Porch
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Pool

  • In Ground Pool
  • Spa
  • Pool Equipment or Cover

Outdoor Features

  • Deck
  • Patio
  • Gazebo

Utilities

  • Central Heating and Cooling System

Community Details

  • Marshall Re Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056018 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,763

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 756C
  • MAAR Subdivision Name: MARSHALL
  • Number Of Stories: 2
  • Price Per Sq Ft: 145.28
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 5369
  • Year Built: 1958
  • List Price/ Sq Ft: 149
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Breakfast Room, Office
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 5000-5499
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Hardwood Floor
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 5 Description: Level 2, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: In Living Room, In Den/Great Room, In Primary Bedroom, In Other Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Equipment: Double Oven, Gas Cooking, Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry
  • Misc Interior: Walk-In Closet(s), Attic Access, Security System
  • Number Of Fireplaces: 4
  • Other Rooms: Laundry Room, Library/Study, Attic
  • Total Bathrooms: 4.2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Fireplace, Sitting Area, Built-In Cabinets/Bkcases, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Pool Cleaning Equipment, Screen Porch, Patio, Deck, Gazebo, Hot Tub
  • Exterior Windows: Synthetic Stucco, Double Pane Window(s)
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Burglar Alarm, Smoke Detector(s)

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped, Wood Fenced, Iron Fenced
  • Lot Number: 34
  • Acreage: 0.8
  • Lot Size: 108X326
  • Price Per Acre: 1000000
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: 056018 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2024
Closed on
Aug 5, 2024
Sold by
Jennifer C Kellett Living Trust
Bought by
Wayne Jared Beil
Seller's Agent
Margaret Mikkelsen
Marx-Bensdorf, REALTORS
Buyer's Agent
Meatha Haynes Tapley
Crye-Leike, Inc., REALTORS
List Price
$800,000
Sold Price
$780,000
Premium/Discount to List
-$20,000
-2.5%
Views
32
Current Estimated Value
$800,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,724
Avg. Annual Appreciation
2.23%
Original Mortgage
$780,000
Outstanding Balance
$771,157
Interest Rate
6.86%
Mortgage Type
VA
Estimated Equity
$29,567

Purchase Details

Closed on
Apr 26, 2022
Sold by
Cameron Kellett Jennifer
Bought by
Jennifer Cameron Kellett Living Trust

Purchase Details

Listed on
Aug 23, 2018
Closed on
Dec 3, 2018
Sold by
Kutas Timothy W and Kutas Robin B
Bought by
Kellett Jennifer Cameron and Kellett Brian Delloyd
Seller's Agent
Greg Renfrow
NextHome Cornerstone Realty
Buyer's Agent
Brian Mallory
Hobson, REALTORS
List Price
$725,000
Sold Price
$635,000
Premium/Discount to List
-$90,000
-12.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%
Original Mortgage
$349,975
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2000
Sold by
Gratz John F
Bought by
Gratz Cynthia Ray

Purchase Details

Closed on
Jun 10, 1998
Sold by
Miller Wayne L and Miller Terri F
Bought by
Gratz John Fisher and Gratz Cynthia Ray

Purchase Details

Closed on
Jun 12, 1995
Bought by
Miller Wayne L and Miller Terri F
Source: Public Records

Range of Values:

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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
Wayne Jared Beil $780,000 Realty Title
Jennifer Cameron Kellett Living Trust -- Waddell Cole & Jones Pllc
Kellett Jennifer Cameron $635,000 None Available
Gratz Cynthia Ray -- --
Gratz John Fisher $540,000 --
Miller Wayne L $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wayne Jared Beil $780,000
Previous Owner Kellett Jennifer Cameron $349,975
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2024 08/06/24 Sold $780,000 -2.5% $156 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $800,000 +26.0% $160 / Sq Ft
12/03/2018 12/03/18 Sold $635,000 -9.3% $127 / Sq Ft View Prior Sale
11/18/2018 11/18/18 Pending -- -- --
10/24/2018 10/24/18 Price Changed $699,900 +311.9% $140 / Sq Ft
10/24/2018 10/24/18 Price Changed $169,900 -76.4% $34 / Sq Ft
10/15/2018 10/15/18 Price Changed $719,500 -0.8% $144 / Sq Ft
08/23/2018 08/23/18 For Sale $725,000 -- $145 / 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 $5,763 $198,175 $49,125 $149,050
2024 $5,763 $170,000 $40,375 $129,625
2023 $10,356 $170,000 $40,375 $129,625
2022 $5,763 $170,000 $40,375 $129,625
2021 $10,477 $177,500 $40,375 $137,125
2020 $11,503 $158,750 $40,375 $118,375
2019 $5,455 $170,675 $40,375 $130,300
2018 $5,455 $170,675 $40,375 $130,300
2017 $5,584 $170,675 $40,375 $130,300
2016 $7,500 $171,625 $0 $0
2014 $7,500 $171,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Mikkelsen

    Seller's Agent in 2024

    Margaret Mikkelsen

    Marx-Bensdorf, REALTORS

    (646) 898-6901

    25 in this area

    73 Total Sales

    Margaret Mikkelsen
    Section Image
  • Meatha Haynes Tapley

    Buyer's Agent in 2024

    Meatha Haynes Tapley

    Crye-Leike, Inc., REALTORS

    (901) 288-5582

    19 in this area

    239 Total Sales

    Meatha Haynes Tapley
    Section Image
  • Greg Renfrow

    Seller's Agent in 2018

    Greg Renfrow

    NextHome Cornerstone Realty

    (901) 560-6398

    6 in this area

    88 Total Sales

    Greg Renfrow
    Section Image
  • Brian Mallory

    Buyer's Agent in 2018

    Brian Mallory

    Hobson, REALTORS

    (901) 870-4663

    3 in this area

    23 Total Sales

    Brian Mallory
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10173680

Memphis Area Association of REALTORS®

APN: 05-6018-0-0001

Tennessee Shelby County Memphis 38117 Audubon Park

4840 Lake Dr, Memphis, TN

This home is located at 4840 Lake Dr, Memphis, TN 38117 since 02 June 2024 and is currently estimated at $800,724, approximately $145 per square foot. This property was built in 1958. 4840 Lake Dr is a home located in Shelby County with nearby schools including White Station Elementary School, White Station High, and White Station Middle.

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