NOT LISTED FOR SALE

497 W Racquet Club Place Unit 497 Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $437,272 - $485,000

3 Beds
2.5 Baths
3,400-3,599 Sq Ft
$130/Sq Ft Est. Value

Last Sold November 07, 2018

Last sale price $310,000 $86 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,894/month

Highlights

  • Gated Parking
  • Landscaped Professionally
  • Vaulted Ceiling
  • White Station High Rated A
  • Wooded Lot
  • Traditional Architecture

About This Home

As of November 2018

Superb location in the heart of East memphis in Racquet Club Place PUD. 3bdr 2.5 bath, Master Down, All Large Rooms with 10ft Smooth Ceilings. 2 Atriums, Decorative moldings throughout. Some fresh paint and new A/C. Back Load Garage. Gated Community across the street from the Racquet Club & near Shopping, Restaurants and More. $160 Monthly Association Fee which includes Yardwork. Seller anxious to sell. Call Listing Agent for Showings.

Last Agent to Sell the Property

Harry Samuels

Pinnacle Realty License #327934 Listed on: 05/25/2018

Last Buyer's Agent

Leslie Campbell

Keller Williams License #341233

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,121

Year Built

  • Built in 1989

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 132x45
  • End Unit
  • Landscaped Professionally
  • Wooded Lot
  • Zero Lot Line

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,400-3,599 Sq Ft Home
  • 3,482 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Attic Access Panel

Kitchen

  • Double Oven
  • Cooktop
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Burglar Security System
  • Security Gate
  • Storm Doors
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Gated Parking

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Racquet Club Plaza Subdivision
  • Mandatory home owners association
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 056033 C00048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,121

Year Built

Built in 1989

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit
  • Detached Unit Type: General Residential
  • MLS Map #: 756E
  • MAAR Subdivision Name: RACQUET CLUB PLAZA
  • List Price Per Sq Ft: 98
  • Number Of Stories: 2
  • Price Per Sq Ft: 89.03
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 3482
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 1/2 Bath, 1 1/2 Bath, Laundry Room, Breakfast Room, Office
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3400-3599
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: Ventless Gas Fireplace, In Living Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Double Oven, Cooktop, Disposal, Dishwasher, Trash Compactor, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Breakfast Room, Pantry, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Attic Access, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Entry Hall
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Wooded Grounds, Well Landscaped Grounds
  • Exterior Windows: Brick Veneer, Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Back-Load Garage, Gated Parking

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Dual System
  • Security: Burglar Alarm, Smoke Detector(s), Security Gate, Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 1920
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Wooded, Landscaped, Professionally Landscaped
  • Lot Number: 41
  • Acreage: 0.13
  • Lot Size: 132X45
  • Price Per Acre: 2614615
  • Zero Lot Line: Yes

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 056033 C00048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Nov 1, 2018
Sold by
Lazarov Suzanne S and Wishnia Steven
Bought by
Santiago Teresa
Seller's Agent
Harry Samuels
Pinnacle Realty
Buyer's Agent
Leslie Campbell
Keller Williams
List Price
$370,000
Sold Price
$310,000
Premium/Discount to List
-$60,000
-16.22%
Current Estimated Value
$468,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,068
Avg. Annual Appreciation
6.13%
Original Mortgage
$232,500
Outstanding Balance
$176,012
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$292,056
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
Santiago Teresa $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santiago Teresa $232,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2018 11/07/18 Sold $310,000 -8.8% $91 / Sq Ft
10/11/2018 10/11/18 Pending -- -- --
10/04/2018 10/04/18 Price Changed $339,900 -2.2% $100 / Sq Ft
09/05/2018 09/05/18 Price Changed $347,500 -2.8% $102 / Sq Ft
07/06/2018 07/06/18 Price Changed $357,500 -3.4% $105 / Sq Ft
05/25/2018 05/25/18 For Sale $370,000 -- $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 $3,121 $116,575 $15,625 $100,950
2024 $3,121 $92,075 $15,625 $76,450
2023 $5,609 $92,075 $15,625 $76,450
2022 $5,609 $92,075 $15,625 $76,450
2021 $5,675 $92,075 $15,625 $76,450
2020 $5,858 $80,850 $15,625 $65,225
2019 $2,584 $80,850 $15,625 $65,225
2018 $2,584 $80,850 $15,625 $65,225
2017 $2,645 $80,850 $15,625 $65,225
2016 $3,221 $73,700 $0 $0
2014 $3,221 $73,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Harry Samuels

    Seller's Agent in 2018

    Harry Samuels

    Pinnacle Realty

    (901) 486-2894

    12 in this area

    78 Total Sales

    Harry Samuels
    Section Image

  • L

    Buyer's Agent in 2018

    Leslie Campbell

    Keller Williams

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10027982

Memphis Area Association of REALTORS®

APN: 05-6033-C0-0048

Tennessee Shelby County Memphis 38117 Audubon Park

497 W Racquet Club Place Unit 497, Memphis, TN

This home is located at 497 W Racquet Club Place Unit 497, Memphis, TN 38117 since 25 May 2018 and is currently estimated at $468,068, approximately $130 per square foot. This property was built in 1989. 497 W Racquet Club Place Unit 497 is a home located in Shelby County with nearby schools including White Station Elementary School, White Station High, and White Station Middle.

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