NOT LISTED FOR SALE

4969 Frankie Ln Memphis, TN 38109

Whitehaven Neighborhood

Estimated Value: $76,000 - $131,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$89/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $73,900 $62 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $598/month

68 Days on Market

About This Home

As of January 2024

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: 11/02/2023

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 11/02/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $419

Year Built

  • Built in 1962

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 95x195

Parking

  • 1 Parking Space

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,171 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Community Details

  • Whitehaven Meadows Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 076115 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$419

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 767C
  • MAAR Subdivision Name: WHITEHAVEN MEADOWS
  • Number Of Stories: 1
  • Price Per Sq Ft: 63.11
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1171
  • Year Built: 1962
  • List Price/ Sq Ft: 63
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1.1

Garage/Parking

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

Lot Info

  • Lot Number: 33
  • Acreage: 0.28
  • Lot Size: 95X195
  • Price Per Acre: 263929

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 076115 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2024
Sold by
Memphis Inv Properties Iv Llc
Bought by
2003 John M Ayoub And Cindy Lang-Ayoub Family and Ayoub
Current Estimated Value
$107,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Outstanding Balance
$103,449
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$3,756

Purchase Details

Listed on
Nov 2, 2023
Closed on
Jan 25, 2024
Sold by
Vb One Llc
Bought by
Memphis Inv Properties Iv Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Dean Harris
CrestCore Realty MphsBrokerage
List Price
$84,900
Sold Price
$73,900
Premium/Discount to List
-$11,000
-12.96%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.69%
Original Mortgage
$110,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2020
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Yb One Llc

Purchase Details

Closed on
Dec 16, 2019
Sold by
Kelly Joyce P and Kelly Joyce
Bought by
Federal Home Loan Mortage Corporation

Purchase Details

Closed on
Sep 20, 2001
Sold by
Kelley Joyce
Bought by
Kelly Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.89%

Purchase Details

Closed on
Jun 27, 2001
Sold by
The Chase Manhattan Bank
Bought by
Kelley Joyce

Purchase Details

Closed on
Apr 23, 2001
Sold by
Quarles Jerre D
Bought by
Imc Home Equity Loan Trust 1998 & 5

Purchase Details

Closed on
Apr 13, 1998
Sold by
Lay Elvin L
Bought by
Quarles Jerre D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,700
Interest Rate
7.09%
Source: Public Records

Range of Values:

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Average Value
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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
2003 John M Ayoub And Cindy Lang-Ayoub Family $140,000 Delta Title Services
Memphis Inv Properties Iv Llc $19,972,972 Delta Title Services
Yb One Llc $34,000 Mortgage Connect Lp
Federal Home Loan Mortage Corporation -- None Available
Kelly Joyce -- Transcontinental Title Co
Kelley Joyce $30,000 --
Imc Home Equity Loan Trust 1998 & 5 $35,500 --
Quarles Jerre D $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2003 John M Ayoub And Cindy Lang-Ayoub Family $105,000
Previous Owner Memphis Inv Properties Iv Llc $110,000
Previous Owner Kelly Joyce $35,000
Previous Owner Quarles Jerre D $35,700
Closed Quarles Jerre D $14,537
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2024 01/26/24 Sold $73,900 0.0% $74 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
01/03/2024 01/03/24 Price Changed $73,900 -3.9% $74 / Sq Ft
11/28/2023 11/28/23 Price Changed $76,900 -3.8% $77 / Sq Ft
11/15/2023 11/15/23 Price Changed $79,900 -5.9% $80 / Sq Ft
11/02/2023 11/02/23 For Sale $84,900 -- $85 / 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 $419 $21,525 $4,125 $17,400
2024 $419 $12,350 $2,750 $9,600
2023 $752 $12,350 $2,750 $9,600
2022 $752 $12,350 $2,750 $9,600
2021 $761 $12,350 $2,750 $9,600
2020 $781 $10,775 $2,750 $8,025
2019 $344 $10,775 $2,750 $8,025
2018 $344 $10,775 $2,750 $8,025
2017 $353 $10,775 $2,750 $8,025
2016 $482 $11,025 $0 $0
2014 $482 $11,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2024

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    114 in this area

    1,439 Total Sales

    Dean Harris
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10160126

Memphis Area Association of REALTORS®

APN: 07-6115-0-0004

Tennessee Shelby County Memphis 38109 Whitehaven

4969 Frankie Ln, Memphis, TN

This home is located at 4969 Frankie Ln, Memphis, TN 38109 since 02 November 2023 and is currently estimated at $107,205, approximately $89 per square foot. This property was built in 1962. 4969 Frankie Ln is a home located in Shelby County with nearby schools including Holmes Road Elementary School, Geeter School, and Dubois Elementary School Of Arts Technology.

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