NOT LISTED FOR SALE

485 Eastern Dr Memphis, TN 38122

East Memphis Neighborhood

Estimated Value: $127,000 - $151,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$117/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2013

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

Est. 199% increase in value since last sale

Current estimated payment $830 / mo

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

Year Built

  • Built in 1950

Lot Details

  • 24,394 Sq Ft 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

Year Built

Built in 1950

Lot Details

0.56 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: WESTERN
  • MAAR Subdivision Name: HIGH POINT TERRACE
  • Number Of Stories: 1
  • 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

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

Tax Info

  • Assessor Parcel Number: 055029 00022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Bought by
Current Estimated Value
$140,746

Purchase Details

Closed on
Aug 7, 2013
Sold by
Bought by

Purchase Details

Listed on
Mar 27, 2013
Closed on
Apr 30, 2013
Sold by
Bought by
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
8.69%

Purchase Details

Closed on
Jan 31, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 12, 2006
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Mar 24, 1997
Sold by
Bought by

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$592,000 None Listed On Document
$59,000 None Available
$56,400 Multiple
$125,380 None Available
$65,000 Realty Title
$79,154 --
$51,800 Security Title Company
$51,800 Security Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $99,200
Previous Owner $51,773
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $859 $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

    39 Total Sales

    Oliver Peyton
    Section Image

  • G

    Buyer's Agent in 2013

    Griffin Elkington

    River City Land Co., LLC

    5 in this area

    25 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 East Memphis

485 Eastern Dr, Memphis, TN

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