NOT LISTED FOR SALE

4850 Peace St Memphis, TN 38109

Whitehaven Neighborhood

Estimated Value: $89,000 - $117,000

3 Beds
2 Baths
1,088 Sq Ft
$94/Sq Ft Est. Value

Last Sold March 29, 2017

Last sale price $44,000 $40 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $579/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • 1 Car Attached Garage
  • Wood Flooring
  • Porch
  • Storage Room

About This Home

As of March 2017

Freshly remodeled 3 bedroom 1 1/2 bath home featuring central heat and air, refinished hardwood floors, counter tops and many other upgrades. Great for the first time home buyer. Seller to help with buyers' closing costs.

Last Agent to Sell the Property

Martin Thomas

BEST Real Estate Company License #271131 Listed on: 02/06/2017

BEST Real Estate Company

Last Buyer's Agent

Beulah Daniel

KAIZEN Realty, LLC License #280771

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 10,454 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Few Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,088 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Community Details

  • Lakeview Gardens Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075256 00023

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: LAKEVIEW GARDENS SEC B
  • List Price Per Sq Ft: 41
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1088
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Den, LR/DR Combination, Washer/Dryer Connections

Exterior Features

  • Misc Exterior: Porch, Wood Fence, Chain Fence

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1A
  • Parking Storage: Storage Room(s)

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Wood Fenced, Chain Fenced
  • Lot Number: 45
  • Acreage: 0.24
  • Lot Size: .24

Tax Info

  • Assessor Parcel Number: 075256 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Apr 21, 2017
Sold by
Wathins Kerry J
Bought by
Watkins Kerry J and Dunlap Valerie Lynn
Seller's Agent
Martin Thomas
BEST Real Estate Company
Buyer's Agent
Beulah Daniel
KAIZEN Realty, LLC
List Price
$44,900
Sold Price
$44,000
Premium/Discount to List
-$900
-2%
Current Estimated Value
$101,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,755
Avg. Annual Appreciation
9.79%
Original Mortgage
$42,680
Outstanding Balance
$35,516
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$66,239

Purchase Details

Listed on
Jul 2, 2014
Closed on
Nov 21, 2014
Sold by
Fannie Mae
Bought by
Watkins Kerry J
Seller's Agent
Vincent Nutt
Nutt Realty Company
Buyer's Agent
Martin Thomas
BEST Real Estate Company
List Price
$20,000
Sold Price
$16,000
Premium/Discount to List
-$4,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.24%

Purchase Details

Closed on
May 9, 2014
Sold by
South Alan E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 19, 2009
Sold by
Gates Jennie Gipson
Bought by
Gates Jennie Gipson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
2.96%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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

Date Buyer Sale Price Title Company
Watkins Kerry J $44,000 Realty Title
Watkins Kerry J $16,000 Resource Title Natl Agency I
Federal National Mortgage Association $43,000 None Available
Gates Jennie Gipson -- Direct Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watkins Kerry J $42,680
Previous Owner Gates Jennie Gipson $115,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2017 03/29/17 Sold $44,000 -2.0% $40 / Sq Ft
02/17/2017 02/17/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $44,900 +180.6% $41 / Sq Ft
12/09/2014 12/09/14 Sold $16,000 -20.0% $16 / Sq Ft View Prior Sale
11/14/2014 11/14/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $20,000 -- $20 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $466 $22,000 $3,875 $18,125
2024 $466 $13,750 $2,875 $10,875
2023 $838 $13,750 $2,875 $10,875
2022 $838 $13,750 $2,875 $10,875
2021 $847 $13,750 $2,875 $10,875
2020 $891 $12,300 $2,875 $9,425
2019 $891 $12,300 $2,875 $9,425
2018 $891 $12,300 $2,875 $9,425
2017 $506 $12,300 $2,875 $9,425
2016 $528 $12,075 $0 $0
2014 $528 $12,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Martin Thomas

    BEST Real Estate Company

    (901) 336-6839

    16 Total Sales

    Martin Thomas
    Section Image
  • Beulah Daniel

    Buyer's Agent in 2017

    Beulah Daniel

    KAIZEN Realty, LLC

    (901) 497-0680

    2 in this area

    16 Total Sales

    Beulah Daniel
    Section Image

  • V

    Seller's Agent in 2014

    Vincent Nutt

    Nutt Realty Company

    (901) 336-6888

    12 Total Sales

    Vincent Nutt
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9995069

Memphis Area Association of REALTORS®

APN: 07-5256-0-0023

Tennessee Shelby County Memphis 38109 Whitehaven

4850 Peace St, Memphis, TN

Not Listed for Sale

Detached

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