NOT LISTED FOR SALE

485 Eastern Dr Memphis, TN 38122

Audubon Park Neighborhood

Estimated Value: $128,000 - $213,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $47,000 $39 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $1,045/month

22 Days on Market

Highlights

  • 0.56 Acre Lot
  • Traditional Architecture
  • Separate Formal Living Room
  • White Station Middle Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of April 2013

QUIET AND COZY. LOCATED IN HIGH POINT TERRACE! GOOD CURB APPEAL AND HUGE FENCED REAR YARD.PERFECT FOR FIRST TIME HOME BUYERS. GORGEOUS H/W FLOORS & CROWN MOULDING THROUGHOUT. NICE LIGHT FIXTURES. CENTRAL HEAT/AIR. ATTACHED DOUBLE CARPORT. GREAT NEIGHBORS

Last Agent to Sell the Property

Oliver Peyton

The Peyton Co., Inc., REALTORS License #14896 Listed on: 03/27/2013

Last Buyer's Agent

Griffin Elkington

River City Land Co., LLC License #299234

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,076

Year Built

  • Built in 1950

Lot Details

  • 0.56 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,155 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Storage Room
  • Wood Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Attached Garage
  • Carport

Utilities

  • Central Heating and Cooling System

Community Details

  • Jer Del Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055029 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,076

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: WESTERN
  • MLS Map #: 755A
  • MAAR Subdivision Name: HIGH POINT TERRACE
  • Number Of Stories: 1
  • Price Per Sq Ft: 40.69
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1155
  • Year Built: 1950
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Aluminum/Steel Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 72
  • Acreage: 0.56
  • Lot Size: 00x00

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 055029 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Russell Kathie
Bought by
Kathie Russell1 Llc
Current Estimated Value
$175,651

Purchase Details

Closed on
Aug 7, 2013
Sold by
Gp Investor Nation
Bought by
Russell Kathie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2013
Closed on
Apr 30, 2013
Sold by
Federal National Mortgage Association
Bought by
Nation Investor
Seller's Agent
Oliver Peyton
The Peyton Co., Inc., REALTORS
Buyer's Agent
Griffin Elkington
River City Land Co., LLC
List Price
$50,000
Sold Price
$47,000
Premium/Discount to List
-$3,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%

Purchase Details

Closed on
Jan 31, 2007
Sold by
Clothier Kent
Bought by
Fannie Mae and Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
7.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 12, 2006
Sold by
American General Financial Services Inc
Bought by
Clothier Kent and Clothier Seema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2005
Sold by
Edwards Michael Ray
Bought by
American General Financial Services Inc

Purchase Details

Closed on
Mar 24, 1997
Sold by
Messer Mae A
Bought by
Edwards Michael Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,773
Interest Rate
7.69%
Mortgage Type
FHA
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
Kathie Russell1 Llc $592,000 None Listed On Document
Russell Kathie $59,000 None Available
Nation Investor $56,400 Multiple
Fannie Mae $125,380 None Available
Clothier Kent $65,000 Realty Title
American General Financial Services Inc $79,154 --
Edwards Michael Ray $51,800 Security Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell Kathie $86,250
Previous Owner Russell Kathie $81,232
Previous Owner Clothier Kent $102,400
Previous Owner Clothier Kent $99,200
Previous Owner Edwards Michael Ray $51,773
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2013 04/30/13 Sold $47,000 -6.0% $47 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $50,000 -- $50 / 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 $1,076 $31,950 $7,775 $24,175
2024 $1,076 $31,750 $7,775 $23,975
2023 $1,934 $31,750 $7,775 $23,975
2022 $1,934 $31,750 $7,775 $23,975
2021 $1,957 $31,750 $7,775 $23,975
2020 $1,382 $19,075 $1,450 $17,625
2019 $1,382 $19,075 $1,450 $17,625
2018 $1,382 $19,075 $1,450 $17,625
2017 $784 $19,075 $1,450 $17,625
2016 $666 $15,250 $0 $0
2014 $666 $15,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Oliver Peyton

    Seller's Agent in 2013

    Oliver Peyton

    The Peyton Co., Inc., REALTORS

    (901) 351-8692

    1 in this area

    43 Total Sales

    Oliver Peyton
    Section Image

  • G

    Buyer's Agent in 2013

    Griffin Elkington

    River City Land Co., LLC

    10 in this area

    28 Total Sales

    Griffin Elkington
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3268131

Memphis Area Association of REALTORS®

APN: 05-5029-0-0022

Tennessee Shelby County Memphis 38122 Audubon Park

485 Eastern Dr, Memphis, TN

This home is located at 485 Eastern Dr, Memphis, TN 38122 since 27 March 2013 and is currently estimated at $175,651, approximately $146 per square foot. This property was built in 1950. 485 Eastern Dr is a home located in Shelby County with nearby schools including Grahamwood Elementary School, White Station Middle, and White Station High.

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