NOT LISTED FOR SALE

4961 Lochinvar Rd Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $103,000 - $125,000

3 Beds
1 Bath
1,013 Sq Ft
$115/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $61,500 $61 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $739/month

About This Home

As of February 2020

Well maintained starter home!! Owners have occupied for 39 years. Why rent when you can buy with a 400+ note.. Pretty hardwood floors. Won't last! Call to see!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2019
Closed on
Feb 24, 2020
Sold by
Earl Napoleon
Bought by
Watkins Shalamar L
Seller's Agent
William Mitchell
Crye-Leike, Inc., REALTORS
Buyer's Agent
Verna Littleton
Fast Track Realty, LLC
List Price
$65,000
Sold Price
$61,500
Premium/Discount to List
-$3,500
-5.38%
Current Estimated Value
$126,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,727
Avg. Annual Appreciation
12.32%
Original Mortgage
$59,372
Outstanding Balance
$53,015
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$63,079

Purchase Details

Closed on
Oct 10, 2000
Sold by
Burnette Earl Carolyn
Bought by
Earl Napoleon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,642
Interest Rate
7.83%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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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
Watkins Shalamar L $61,500 Realty Title
Earl Napoleon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watkins Shalamar L $59,372
Closed Watkins Shalamar $6,150
Previous Owner Earl Napoleon $21,562
Previous Owner Earl Napoleon $21,642
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2020 02/24/20 Sold $61,500 -5.4% $61 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
12/05/2019 12/05/19 For Sale $65,000 -- $64 / 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 $577 $23,325 $3,700 $19,625
2024 $577 $17,025 $3,000 $14,025
2023 $1,037 $17,025 $3,000 $14,025
2022 $1,037 $17,025 $3,000 $14,025
2021 $462 $17,025 $3,000 $14,025
2020 $889 $12,275 $3,000 $9,275
2019 $392 $12,275 $3,000 $9,275
2018 $392 $12,275 $3,000 $9,275
2017 $402 $12,275 $3,000 $9,275
2016 $557 $12,750 $0 $0
2014 $557 $12,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Mitchell

    Seller's Agent in 2020

    William Mitchell

    Crye-Leike

    (901) 550-2891

    8 in this area

    51 Total Sales

    Section Image
  • Verna Littleton

    Buyer's Agent in 2020

    Verna Littleton

    Fast Track Realty, LLC

    (901) 490-9449

    9 in this area

    91 Total Sales

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Map

Tennessee Shelby County Memphis 38116 Whitehaven

4961 Lochinvar Rd, Memphis, TN

This home is located at 4961 Lochinvar Rd, Memphis, TN 38116 and is currently estimated at $116,094, approximately $114 per square foot. 4961 Lochinvar Rd is a home located in Shelby County with nearby schools including Holmes Road Elementary School, Havenview Middle School, and Whitehaven High 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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