NOT LISTED FOR SALE

4887 Peace St Memphis, TN 38109

Whitehaven Neighborhood

Estimated Value: $110,000 - $131,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$101/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $108,900 $91 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $690/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of March 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $825 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 10/13/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $687

Year Built

  • Built in 1960

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80x135
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,094 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Lakeview Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075257 00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$687

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: LAKEVIEW GARDENS
  • List Price Per Sq Ft: 100
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1094
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

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

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 86
  • Acreage: 0.24
  • Lot Size: 80X135

Tax Info

  • Assessor Parcel Number: 075257 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Mar 25, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Collins Family Trust
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$108,900
Sold Price
$108,900
Current Estimated Value
$121,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,101
Avg. Annual Appreciation
2.98%

Purchase Details

Closed on
Oct 4, 2021
Sold by
Davis Marcia L
Bought by
Memphis Investment Properties Iii Llc

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
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 31, 2007
Sold by
Belvedere Central Llc
Bought by
Foster David L and Foster Linda A
Source: Public Records

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
Collins Family Trust $108,900 None Listed On Document
Memphis Investment Properties Iii Llc $58,000 Delta Title Services
Mmephis Investment Properties Iii Llc $58,000 Delta Title Svcs Llc
Foster David L $165,000 Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mmephis Investment Properties Iii Llc $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $108,900 0.0% $109 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $108,900 -- $109 / 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 $687 $35,600 $3,875 $31,725
2024 $687 $20,275 $2,875 $17,400
2023 $1,235 $20,275 $2,875 $17,400
2022 $917 $15,050 $2,875 $12,175
2021 $1,090 $15,050 $2,875 $12,175
2020 $395 $12,350 $2,875 $9,475
2019 $395 $12,350 $2,875 $9,475
2018 $395 $12,350 $2,875 $9,475
2017 $404 $12,350 $2,875 $9,475
2016 $531 $12,150 $0 $0
2014 $531 $12,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2022

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    41 in this area

    399 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2022

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    43 in this area

    416 Total Sales

    Bradley Reedy
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10110823

Memphis Area Association of REALTORS®

APN: 07-5257-0-0006

Tennessee Shelby County Memphis 38109 Whitehaven

4887 Peace St, 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.

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