NOT LISTED FOR SALE

4914 Lochinvar Rd Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $103,000 - $164,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$90/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $90,000 $56 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $848/month

62 Days on Market

About This Home

As of September 2023

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 07/21/2023

Last Buyer's Agent

Melissa Wilbanks

Crye-Leike, Inc., REALTORS License #277840

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $796

Year Built

  • Built in 1958

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 65x178

Parking

  • 1 Parking Space

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,537 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Whitehaven View 1St Addn Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 079065 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$796

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 768D
  • MAAR Subdivision Name: WHITEHAVEN VIEW 1ST ADD
  • Number Of Stories: 1
  • Price Per Sq Ft: 58.56
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1537
  • Year Built: 1958
  • List Price/ Sq Ft: 59
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 320
  • Acreage: 0.39
  • Lot Size: 65X178
  • Price Per Acre: 230769

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 079065 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2024
Sold by
Memphis Cashflow Gp
Bought by
Park Myunghwan and Kim En A
Current Estimated Value
$143,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,175
Outstanding Balance
$120,571
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$23,276

Purchase Details

Listed on
Jul 21, 2023
Closed on
Sep 21, 2023
Sold by
Crestcore Iv Llc
Bought by
Memphis Cashflow Gp
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Melissa Wilbanks
Crye-Leike, Inc., REALTORS
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.19%

Purchase Details

Closed on
Jul 15, 2014
Sold by
Crown Management Llc
Bought by
Your Home Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 30, 2012
Sold by
Crown Management Llc
Bought by
Crown Mnanagement Llc

Purchase Details

Closed on
Mar 11, 2009
Sold by
Hsbc Mortgage Services Inc
Bought by
Crown Management Llc

Purchase Details

Closed on
Oct 23, 2008
Sold by
Kirkland Willie Ruth
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Jun 1, 1998
Sold by
Kirkland Otis C
Bought by
Kirkland Willie Ruth
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
Park Myunghwan $162,900 Saddle Creek Title
Memphis Cashflow Gp $90,000 Saddle Creek Title
Your Home Llc $1,400,000 None Available
Crown Mnanagement Llc -- None Available
Crown Management Llc $36,000 None Available
Hsbc Mortgage Services Inc $80,923 None Available
Kirkland Willie Ruth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Myunghwan $122,175
Previous Owner Your Homes Llc $650,000
Previous Owner Kirkland Willie Ruth $86,500
Previous Owner Kirkland Willie Ruth $53,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $90,000 0.0% $64 / Sq Ft
09/06/2023 09/06/23 Price Changed $90,000 -5.3% $64 / Sq Ft
08/30/2023 08/30/23 Price Changed $95,000 -5.0% $68 / Sq Ft
08/22/2023 08/22/23 Price Changed $100,000 -4.8% $71 / Sq Ft
08/09/2023 08/09/23 Price Changed $105,000 -4.5% $75 / Sq Ft
07/21/2023 07/21/23 For Sale $110,000 -- $79 / 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 $796 $45,550 $4,000 $41,550
2024 -- $23,475 $3,250 $20,225
2023 $1,430 $23,475 $3,250 $20,225
2022 $1,430 $23,475 $3,250 $20,225
2021 $810 $23,475 $3,250 $20,225
2020 $1,228 $16,950 $3,250 $13,700
2019 $542 $16,950 $3,250 $13,700
2018 $542 $16,950 $3,250 $13,700
2017 $555 $16,950 $3,250 $13,700
2016 $732 $16,750 $0 $0
2014 $732 $16,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2023

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    112 in this area

    1,427 Total Sales

    Dean Harris
    Section Image
  • Melissa Wilbanks

    Buyer's Agent in 2023

    Melissa Wilbanks

    Crye-Leike

    (901) 438-1107

    4 in this area

    92 Total Sales

    Melissa Wilbanks
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10152769

Memphis Area Association of REALTORS®

APN: 07-9065-0-0022

Tennessee Shelby County Memphis 38116 Whitehaven

4914 Lochinvar Rd, Memphis, TN

This home is located at 4914 Lochinvar Rd, Memphis, TN 38116 since 21 July 2023 and is currently estimated at $143,847, approximately $89 per square foot. This property was built in 1958. 4914 Lochinvar Rd is a home located in Shelby County with nearby schools including Holmes Road Elementary School, Havenview Middle School, and Whitehaven High School.

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