NOT LISTED FOR SALE

4870 Summitridge Dr Memphis, TN 38128

Estimated Value: $168,000 - $189,000

3 Beds
2 Baths
1,151 Sq Ft
$158/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $151,400 $132 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,030/month

About This Home

As of September 2022

3 Bedroom and 2 bath home for sale in Raleigh. Home is professional managed and has a tenant paying $1,085 a month. Lease ends May 2023. AC/ Furnace, HWT replaced in 2018 and roof replaced in 2015. Please do not disturb tenants. Viewing granted upon accepted offer.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Sep 15, 2022
Sold by
Gaurav Agarwal
Bought by
New Horizons Premium Homes Llc
Seller's Agent
Andrew Akins
CB Properties of Memphis, LLC
Buyer's Agent
Andrew Akins
CB Properties of Memphis, LLC
List Price
$160,000
Sold Price
$151,400
Premium/Discount to List
-$8,600
-5.38%
Current Estimated Value
$181,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,054
Avg. Annual Appreciation
4.63%
Original Mortgage
$126,192
Outstanding Balance
$121,039
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$52,526

Purchase Details

Closed on
Sep 27, 2018
Sold by
Memphis Turnkey Properties Gp
Bought by
Agarwal Gaurav

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,925
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2018
Sold by
Simmons Chamaine
Bought by
Memphis Turnkey Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2007
Sold by
Citimortgage Inc
Bought by
Simmons Charmaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,900
Interest Rate
11.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2006
Sold by
Taylor Jimmie L and Taylor Michelle H
Bought by
Citifinancial Mortgage Co Inc

Purchase Details

Closed on
Oct 10, 2003
Sold by
Taylor Jimmy L and Taylor Jimmie L
Bought by
Taylor Jimmie L and Taylor Michelle H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,650
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 1999
Sold by
Davis Ronald A
Bought by
Taylor Jimmy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

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ICE

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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
New Horizons Premium Homes Llc $151,400 Home Surety Title & Escrow
Agarwal Gaurav $95,000 Saddle Creek Title Llc
Agarwal Gaurav $95,000 Saddle Creek Title Llc
Memphis Turnkey Properties $56,899 L&C Title Lc
Simmons Charmaine $62,900 Realty Title
Citifinancial Mortgage Co Inc $68,900 None Available
Taylor Jimmie L -- Ohio Clear Title Agency Inc
Taylor Jimmy L $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Horizons Premium Homes Llc $126,192
Previous Owner Agarwal Gaurav $71,925
Previous Owner Memphis Turnkey Properties $84,000
Previous Owner Simmons Charmaine $62,900
Previous Owner Taylor Jimmie L $101,650
Previous Owner Taylor Jimmy L $15,463
Previous Owner Taylor Jimmy L $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $151,400 -5.4% $151 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $160,000 0.0% $160 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $160,000 -- $160 / Sq Ft

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 $847 $47,550 $5,500 $42,050
2024 $847 $24,975 $4,000 $20,975
2023 $847 $24,975 $4,000 $20,975
2022 $847 $24,975 $4,000 $20,975
2021 $862 $24,975 $4,000 $20,975
2020 $700 $17,275 $4,000 $13,275
2019 $0 $17,275 $4,000 $13,275
2018 $700 $17,275 $4,000 $13,275
2017 $710 $17,275 $4,000 $13,275
2016 $706 $16,150 $0 $0
2014 $706 $16,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Akins

    Seller's Agent in 2022

    Andrew Akins

    CB Properties of Memphis, LLC

    (901) 277-6567

    23 in this area

    336 Total Sales

    Andrew Akins
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Map

Tennessee Shelby County Memphis 38128

4870 Summitridge Dr, Memphis, TN

This home is located at 4870 Summitridge Dr, Memphis, TN 38128 and is currently estimated at $181,454, approximately $157 per square foot. 4870 Summitridge Dr is a home located in Shelby County with nearby schools including Barrets Elementary School, Bolton High School, and Granville T. Woods Academy of Innovation Charter School.

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.

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