NOT LISTED FOR SALE

4861 Summerview Ave Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $146,000 - $186,219

4 Beds
2 Baths
1,400-1,599 Sq Ft
$101/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $137,000 $86 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $919/month

18 Days on Market

About This Home

As of September 2023

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 08/26/2023

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 08/26/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 70x122

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,511 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Summerset Park Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074004 00024

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SUMMERSET PARK BLK A
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1511
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 12
  • Acreage: 0.19
  • Lot Size: 70X122

Tax Info

  • Assessor Parcel Number: 074004 00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2024
Sold by
Barry Leonard
Bought by
Volunteer Badger Holdings Llc
Current Estimated Value
$162,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,080
Outstanding Balance
$141,107
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$20,948

Purchase Details

Closed on
Feb 2, 2024
Sold by
Mid South Homebuyers Gp
Bought by
Leonard Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,080
Outstanding Balance
$141,107
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$20,948

Purchase Details

Closed on
Jan 23, 2020
Sold by
Csma Blt Llc
Bought by
P Fin Vii Mem Llc

Purchase Details

Listed on
Jul 29, 2012
Closed on
Oct 9, 2012
Sold by
Memphis Investment Rental Properties Llc
Bought by
Bltrejv3 Memphis Llc
Seller's Agent
Pat Edwards-Sipp
BenchMark REALTORS, LLC
Buyer's Agent
Jim Reedy
Reedy & Company, REALTORS
List Price
$45,000
Sold Price
$45,100
Premium/Discount to List
$100
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%

Purchase Details

Closed on
Apr 23, 2004
Sold by
Butler Patricia A and Butler Wesley L
Bought by
Butler Wesley L and Butler Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,500
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 1994
Bought by
Dallas Patricia A
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
Volunteer Badger Holdings Llc -- None Listed On Document
Leonard Barry $180,100 None Listed On Document
P Fin Vii Mem Llc $119,663 None Available
Bltrejv3 Memphis Llc -- None Available
Memphis Investment Rental Properties Llc $45,100 None Available
Butler Wesley L -- Chicago Title Insurance Co
Dallas Patricia A $68,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard Barry $144,080
Previous Owner Butler Wesley L $90,500
Previous Owner Dallas Patricia A $5,076
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2023 09/27/23 Sold $137,000 0.0% $98 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
08/26/2023 08/26/23 For Sale $137,000 +203.8% $98 / Sq Ft
10/09/2012 10/09/12 Sold $45,100 +0.2% $32 / Sq Ft View Prior Sale
08/12/2012 08/12/12 Pending -- -- --
07/29/2012 07/29/12 For Sale $45,000 -- $32 / 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 $861 $45,025 $5,200 $39,825
2024 -- $25,400 $3,775 $21,625
2023 $1,547 $25,400 $3,775 $21,625
2022 $1,547 $25,400 $3,775 $21,625
2021 $1,565 $25,400 $3,775 $21,625
2020 $1,485 $20,500 $3,775 $16,725
2019 $655 $20,500 $3,775 $16,725
2018 $655 $20,500 $3,775 $16,725
2017 $671 $20,500 $3,775 $16,725
2016 $761 $17,425 $0 $0
2014 $761 $17,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2023

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    122 in this area

    1,411 Total Sales

    Dean Harris
    Section Image

  • P

    Seller's Agent in 2012

    Pat Edwards-Sipp

    BenchMark REALTORS, LLC

    (901) 485-9039

    1 in this area

    30 Total Sales

    Pat Edwards-Sipp
    Section Image
  • Jim Reedy

    Buyer's Agent in 2012

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    24 in this area

    351 Total Sales

    Jim Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10155293

Memphis Area Association of REALTORS®

APN: 07-4004-0-0024

Tennessee Shelby County Memphis 38118 Parkway Village

4861 Summerview Ave, Memphis, TN

Not Listed for Sale

Detached

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