NOT LISTED FOR SALE

487 S Yates Rd Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $1,367,288 - $1,760,000

5 Beds
6.5 Baths
5,569 Sq Ft
$283/Sq Ft Est. Value

Sale Details

Date Sold: January 14, 2021

Last sale price $1,295,000 $233 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $9,532 / mo

Highlights

  • In Ground Pool
  • 0.82 Acre Lot
  • Contemporary Architecture
  • White Station Middle Rated A-
  • Deck
  • Marble Flooring

About This Home

As of January 2021

Exclusive Contemporary "Villa" tucked behind private gated & walled enclave on.82 acre! The Ultimate in sophistication & tranquility~Soaring ceilings & expansive windows w breathtaking views to terraces & yd. Dramatic 2-story Great rm w 5' Crystal Chandelier & mother of pearl wall,conversational LR, Glassed-in Sun rm,Sleek Kit-Lacquered cab, Caeserstone counters & Italian lighting open to Vaulted Keeping rm! MBR suite w Stunning spa like BA, study & music rm! Fab Heated Saltwater Pool & Cabana!

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,737

Year Built

  • Built in 2005

Lot Details

  • 35,719 Sq Ft Lot
  • Lot Dimensions are 111x290
  • Irrigation

Parking

  • 3 Car Garage
  • Parking Pad
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Central Vacuum
  • Built-In Features
  • Ceiling Fan
  • Entrance Foyer
  • Den with Fireplace

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Double Vanity

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sapinsley Re Subdivision

Listing and Financial Details

  • Tax Lot 1and2
  • Assessor Parcel Number 056047 00049

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,737

Year Built

Built in 2005

Lot Details

0.82 Acres

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2005
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Existing
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Central Vacuum, Walk-In Closet(s), Entrance Foyer, Pantry, Built-in Features
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer, Double Oven, Cooktop
  • Fireplace Features: Den
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Marble, Tile
  • Total Bedrooms: 5
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Other Equipment: Irrigation System

Exterior Features

  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Covered, Deck, Porch
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Side, Parking Pad
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Utilities: Natural Gas Available, Water Available, Cable Connected

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.82
  • Lot Size: 111X290
  • Lot Size Units: Acres
  • Parcel #: 056047 00049
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 21737
  • Tax Lot: 1and2

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

Listed on
Dec 17, 2020
Closed on
Jan 14, 2021
Sold by
Baer Larisa
Bought by
List Price
$1,400,000
Sold Price
$1,295,000
Premium/Discount to List
-$105,000
-7.5%
Current Estimated Value
$1,573,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,322
Avg. Annual Appreciation
3.52%
Original Mortgage
$1,000,000
Outstanding Balance
$874,640
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$698,682

Purchase Details

Closed on
Oct 31, 2006
Sold by
Wachtel Jonathan M and Wachtel Sarah F
Bought by
Baer Larisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2001
Sold by
Sutoag Inc
Bought by
Wachtel Jonathan M and Wachtel Sarah F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.72%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in East Memphis, TN

  • Hank Hogue Real Estate Agent - Crye-Leike, Inc., REALTORS

    Hank Hogue

    Crye-Leike, Inc., REALTORS

    (901) 437-5201

    68 Total Sales

    1 in East Memphis

    $299,000 Price

    Hank Hogue
     Section Image
  • Allen Green Real Estate Agent - John Green & Co., REALTORS

    Allen Green

    John Green & Co., REALTORS

    (901) 203-5150

    119 Total Sales

    1 in East Memphis

    $175,000 Price

    Allen Green
     Section Image
  • Rita Hallum Real Estate Agent - Crye-Leike, Inc., REALTORS

    Rita Hallum

    Crye-Leike, Inc., REALTORS

    (901) 979-6147

    101 Total Sales

    4 in East Memphis

    $117K - $378K Price Range

    Rita Hallum
     Section Image
  • C. Lauren Jones Real Estate Agent - Crye-Leike, Inc., REALTORS

    C. Lauren Jones

    Crye-Leike, Inc., REALTORS

    (901) 881-4903

    88 Total Sales

    15 in East Memphis

    $155K - $635K Price Range

    C. Lauren Jones
     Section Image
  • Lisa Cox Real Estate Agent - Groome & Co.

    Lisa Cox

    Groome & Co.

    (901) 422-9448

    134 Total Sales

    1 in East Memphis

    $190,000 Price

    Lisa Cox
     Section Image
  • Laurie McClerkin Real Estate Agent - MidSouth Residential, LLC

    Laurie McClerkin

    MidSouth Residential, LLC

    (901) 450-5724

    102 Total Sales

    1 in East Memphis

    $273,000 Price

    Laurie McClerkin
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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
$1,295,000 Realty Title & Escrow Co
Baer Larisa $1,157,000 None Available
Wachtel Jonathan M $360,000 --
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
Open $1,000,000
Closed Haas Jon $100,000
Previous Owner Baer Larisa $750,000
Previous Owner Wachtel Jonathan M $360,000
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
01/14/2021 01/14/21 Sold $1,295,000 -7.5% $233 / Sq Ft
12/17/2020 12/17/20 For Sale $1,400,000 -- $251 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
Source: Realtracs

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 $10,710 $398,150 $38,600 $359,550
2024 $10,975 $323,750 $38,600 $285,150
2023 $19,722 $323,750 $38,600 $285,150
2022 $19,722 $323,750 $38,600 $285,150
2021 $24,558 $398,475 $38,600 $359,875
2020 $18,292 $300,000 $38,600 $261,400
2019 $10,806 $338,100 $38,600 $299,500
2018 $10,806 $338,100 $38,600 $299,500
2017 $11,061 $338,100 $38,600 $299,500
2016 $12,204 $279,275 $0 $0
2014 $12,204 $279,275 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: RTC3161471

Realtracs

APN: 05-6047-0-0049

Tennessee Shelby County Memphis 38120 East Memphis

487 S Yates Rd, Memphis, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

Based on information submitted to the MLS GRID

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