NOT LISTED FOR SALE

4871 Summerlane Ave Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $149,910 - $178,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$102/Sq Ft Est. Value

Last Sold September 06, 2012

Last sale price $40,000 $25 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $985/month

75 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • 1 Car Attached Garage
  • Wood Flooring
  • Some Wood Windows
  • Eat-In Kitchen

About This Home

As of September 2012

Great house for buyer wanting to do some work. Owner will replace AC unit at closing but the furnace as been well maintained and is functional. Must see how nice it is. Being sold AS IS. Will consider closing cost assistance.

Last Agent to Sell the Property

Holly Swogger

Weichert, REALTORS-BenchMark License #321082 Listed on: 06/01/2012

Last Buyer's Agent

Holly Swogger

Weichert, REALTORS-BenchMark License #321082 Listed on: 06/01/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $874

Year Built

  • Built in 1963

Lot Details

  • 8,276 Sq Ft Lot
  • Wrought Iron Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,559 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Dining Room
  • Den
  • Pull Down Stairs to Attic
  • Iron Doors

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Utilities

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

Community Details

  • Summerset Park Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074003 00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$874

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: SUMMERHURST
  • MLS Map #: 772C
  • MAAR Subdivision Name: SUMMERSET PARK BLK A
  • Number Of Stories: 1
  • Price Per Sq Ft: 25.66
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1559
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry
  • Floors/Ceilings: Hardwood Throughout, Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Cooktop, Disposal, Dishwasher, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Public Water

Lot Info

  • Lot Description: Some Trees, Landscaped, Iron Fenced
  • Lot Number: 63
  • Acreage: 0.19
  • Lot Size: 0.19

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 074003 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2024
Sold by
Burdt Larry J and Burdt Pamela A
Bought by
Larry And Pamela Burdt Trust and Burdt
Total Days on Market
75
Current Estimated Value
$162,978

Purchase Details

Closed on
Dec 4, 2012
Sold by
Homebuyers Express Llc
Bought by
Burdt Larry J and Burdt Pamela Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,125
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2012
Closed on
Sep 6, 2012
Sold by
Bailey Thomas
Bought by
Hombuyers Express Llc
Seller's Agent
Holly Swogger
Weichert, REALTORS-BenchMark
Buyer's Agent
Holly Swogger
Weichert, REALTORS-BenchMark
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-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
11.66%
Original Mortgage
$47,000
Interest Rate
3.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 18, 2012
Sold by
Jeffrey Kimberly Kristin
Bought by
Bailey Thomas

Purchase Details

Closed on
Nov 18, 1996
Sold by
Bailey Joe Marian Vaiden and Baiden Josie M
Bought by
Bailey Jo Marian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,100
Interest Rate
6.62%
Mortgage Type
Unknown
Source: Public Records

Similar Homes in Memphis, TN

  • 2964 S Perkins Rd, Memphis, TN 38118

    $145,000

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft
    • 2964 S Perkins Rd
    • Memphis, TN

    Great investment opportunity. This 3 bedroom, 2 bathroom home is the prefect rental. Hardwood floors, large open kitchen, nicely sized rooms and a fenced in back yard is perfect for entertaining. New roof. Covered parking for 2 cars and set off the street for more privacy. Tenant occupied please do not disturb the tenant.

    Kristy Cannon Keller Williams

    Section Image
  • 4864 Cloister Ave, Memphis, TN 38118

    $183,800

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft
    • 4864 Cloister Ave
    • Memphis, TN

    Investor Alert: This 3 bed / 2 bath home in the Winchester Gardens neighborhood is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. Seller will sell properties as a package or in various smaller packages.

    Daniel Johnson Keller Williams

    Section Image
  • 3118 Arrendale St, Memphis, TN 38118

    $218,000

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft
    • 3118 Arrendale St
    • Memphis, TN

    New Construction Alert! Three bedrooms, two baths, and not a single ghost—because this beauty is brand Shankin new!!! Centrally located in beautiful 38118.. This home is so fresh, even the walls still smell like optimism. Modern finishes, spacious rooms to name a few. Come tour before someone else falls in love it. Schedule to see it today!!

    Vivian Denogean Fast Track Realty, LLC

    Section Image
  • 3339 S Perkins Rd, Memphis, TN 38118

    $200,000

    • 3 Beds
    • 2 Baths
    • 1,200+ Sq Ft
    • 3339 S Perkins Rd
    • Memphis, TN

    Call your favorite Real Estate Agent now and schedule an appointment to tour this lovely home! 3 bedrooms, 2 bathrooms, spacious kitchen with dining area. Separate Laundry Room. Beautiful pool. Private backyard for relaxing. Seller requests only pre approved buyers tour the home. Llame su Agente de Bienes Raices favorito y programar una cita a ver esta casa. 3 dormitorios, 2 banos, amplia

    Monica Mauricio REMAX Experts

    Section Image
  • 5647 Clarke Cove, Memphis, TN 38115

    $191,000

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft
    • 5647 Clarke Cove
    • Memphis, TN

    Investor Alert: This 3 bed / 2 bath home in the Heritage Colony subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof to be installed in early 2025. Seller will sell properties as a package or in various smaller packages.

    Daniel Johnson Keller Williams

    Section Image
  • 6387 Bent Oak Ln, Memphis, TN 38115

    $202,000

    • 3 Beds
    • 2 Baths
    • 2,000+ Sq Ft
    • 6387 Bent Oak Ln
    • Memphis, TN

    Investor Alert: This 3 bed / 2 bath home in the Ridgeway Estates neighborhood is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

    Daniel Johnson Keller Williams

    Section Image
  • 3449 Carrington Rd, Memphis, TN 38111

    $189,000

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft
    • 3449 Carrington Rd
    • Memphis, TN

    Come check out this fully remodeled, beautifully updated and renovated. Three-bedroom, two-bath home. Located in the highly sought-after 38111 neighborhood this home puts you steps away from the University of Memphis and the Children’s Museum — so whether you're into higher education or finger painting, you're covered. Inside, you'll find modern finishes, clean lines with an open concept layout

    Vivian Denogean Fast Track Realty, LLC

    Section Image
  • 4121 Starwood Dr, Memphis, TN 38115

    $206,200

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft
    • 4121 Starwood Dr
    • Memphis, TN

    Investor Alert: This 3 bed / 2 bath home in the Ridgeway East subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

    Daniel Johnson Keller Williams

    Section Image
  • 1303 Inman Rd, Memphis, TN 38111

    $184,000

    • 4 Beds
    • 2 Baths
    • 2,200+ Sq Ft
    • 1303 Inman Rd
    • Memphis, TN

    This 4-bedroom, 2-bathroom beauty in the sought-after 38111 zip code of Memphis is fully renovated and offers over 2,200 square feet of space—plenty of room for your Family. Two living rooms – because one just isn’t enough, plenty of space for entertaining, Backyard porch – perfect for sipping coffee, or scrolling on your phone in peace. Centrally located – so you’re never too far from the action

    Vivian Denogean Fast Track Realty, LLC

    Section Image
See All Homes in Memphis

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Larry And Pamela Burdt Trust -- None Listed On Document
Burdt Larry J $65,500 None Available
Hombuyers Express Llc $40,000 None Available
Bailey Thomas -- None Available
Bailey Thomas -- None Available
Bailey Jo Marian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burdt Larry J $49,125
Previous Owner Hombuyers Express Llc $47,000
Previous Owner Bailey Jo Marion $42,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2012 09/06/12 Sold $40,000 -20.0% $29 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $50,000 -- $36 / 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 $874 $36,050 $5,200 $30,850
2024 $874 $25,775 $3,775 $22,000
2023 $1,570 $25,775 $3,775 $22,000
2022 $1,570 $25,775 $3,775 $22,000
2021 $1,589 $25,775 $3,775 $22,000
2020 $1,237 $17,075 $3,775 $13,300
2019 $1,237 $17,075 $3,775 $13,300
2018 $1,237 $17,075 $3,775 $13,300
2017 $702 $17,075 $3,775 $13,300
2016 $742 $16,975 $0 $0
2014 $742 $16,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Holly Swogger

    Seller's Agent in 2012

    Holly Swogger

    Weichert, REALTORS-BenchMark

    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3249338

Memphis Area Association of REALTORS®

APN: 07-4003-0-0014

Tennessee Shelby County Memphis 38118 Parkway Village

4871 Summerlane Ave, Memphis, TN

This home is located at 4871 Summerlane Ave, Memphis, TN 38118 since 01 June 2012 and is currently estimated at $162,978, approximately $101 per square foot. This property was built in 1963. 4871 Summerlane Ave is a home located in Shelby County with nearby schools including Evans Elementary School, Wooddale High School, and Memphis Merit Academy.

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.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes