NOT LISTED FOR SALE

4909 Buford Ave Unit 4909 & 4911 Millington, TN 38053

Estimated Value: $95,000 - $160,418

2 Beds
1 Bath
1,414 Sq Ft
$94/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $135,000 $95 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $827/month

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Outdoor Storage
  • Porch
  • Cooling Available
  • 4-minute walk to Oak Park

About This Home

As of October 2020

Duplex 4909 is leased until 6/30/21 for $595 and 4911 is leased until 2/26/21 for $685 this is a new lease, opportunity to raise the rent on 4909. Repairs include AC and water heater in 2016/2017 including new range in 2020, new paint. Unit includes range, refrigerator, washer/dryer owned by the seller. Low maintenance Metal Roof and new sewer-line INVESTORS ONLY. Tenant occupied. DO NOT APPROACH OR DISTURB TENANT. Professionally managed. **** contact me or your agent for interior pictures

Last Agent to Sell the Property

Kelly Erb

Marx-Bensdorf, REALTORS License #327414 Listed on: 08/20/2020

Last Buyer's Agent

Tina Tant

All Stars Realty License #347852

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,516

Year Built

  • Built in 1952

Lot Details

  • 0.45 Acre Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,414 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Community Details

  • Millington Homes Subdivision
  • Insurance Expense $538

Listing and Financial Details

  • Tenant pays for all utilities, lawn maintenance
  • Assessor Parcel Number M0115H B00051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,516

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: Harrold
  • Second Address Number: 4911
  • MLS Map #: 824B
  • MAAR Subdivision Name: MILLINGTON HOMES
  • Freestanding: Yes
  • List Price Per Sq Ft: 99
  • Number Of Stories: 1
  • Price Per Sq Ft: 95.47
  • Estimated Sq Ft: 1414
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Wood Laminate Floors
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding)
  • Estimated Entire Duplex Sq Ft: 1400-1599

Exterior Features

  • Misc Exterior: Porch, Storage Building
  • Exterior Windows: Aluminum/Steel Siding
  • Foundation: Slab

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Electric Cooling
  • Heating: Electric
  • Hot Water: Electric

Lot Info

  • Lot Description: Level
  • Lot Number: N PT 65
  • Acreage: 0.45
  • Lot Size: 125/33.61 X 157/125
  • Price Per Acre: 311111

Rental Info

  • Tenants Pay: All Utilities, Lawn Maintenance
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: M0115H B00051

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 28, 2020
Sold by
Soto Frank Dean
Bought by
Bennett Trevor M and Bennett Stephanie P
Seller's Agent
Kelly Erb
Marx-Bensdorf, REALTORS
Buyer's Agent
Tina Tant
All Stars Realty
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%
Current Estimated Value
$133,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,395
Avg. Annual Appreciation
-0.21%
Original Mortgage
$101,250
Outstanding Balance
$90,098
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$43,507

Purchase Details

Closed on
Jun 19, 2017
Sold by
Shelby Holdings Llc
Bought by
Soto Frank Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2014
Sold by
Eklund Robert and Eklund Matthew
Bought by
Shelby Holdings Llc

Purchase Details

Closed on
Feb 10, 2009
Sold by
Eklund Roberta
Bought by
Eklund Roberta and Eklund Matthew
Source: Public Records

Range of Values:

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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
Bennett Trevor M $135,000 Erickson Title & Closing Llc
Soto Frank Dean -- None Available
Soto Frank Dean $105,000 None Available
Shelby Holdings Llc $17,652 None Available
Eklund Roberta -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Trevor M $101,250
Previous Owner Soto Frank Dean $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2020 10/28/20 Sold $135,000 -3.6% $95 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $140,000 -- $99 / 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 $1,516 $61,760 $13,800 $47,960
2024 $1,516 $31,640 $10,000 $21,640
2023 $1,516 $31,640 $10,000 $21,640
2022 $1,516 $31,640 $10,000 $21,640
2021 $1,766 $31,640 $10,000 $21,640
2020 $1,424 $25,520 $10,000 $15,520
2019 $1,034 $25,520 $10,000 $15,520
2018 $1,034 $25,520 $10,000 $15,520
2017 $900 $15,950 $6,250 $9,700
2016 $879 $14,900 $0 $0
2014 $1,042 $23,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Erb

    Seller's Agent in 2020

    Kelly Erb

    Marx-Bensdorf, REALTORS

    (901) 355-3830

    121 Total Sales

    Kelly Erb
    Section Image

  • T

    Buyer's Agent in 2020

    Tina Tant

    All Stars Realty

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10083217

Memphis Area Association of REALTORS®

APN: M0-115H-B0-0051

Tennessee Shelby County Millington 38053

4909 Buford Ave Unit 4909 & 4911, Millington, TN

This home is located at 4909 Buford Ave Unit 4909 & 4911, Millington, TN 38053 since 20 August 2020 and is currently estimated at $133,605, approximately $94 per square foot. This property was built in 1952. 4909 Buford Ave Unit 4909 & 4911 is a home located in Shelby County with nearby schools including Millington High School, Lighthouse Christian Academy, and Faith Heritage Christian Academy.

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