NOT LISTED FOR SALE

4981 Cole Rd Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $485,620 - $534,000

4 Beds
3 Baths
2,400-2,599 Sq Ft
$194/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2020

Last sale price $438,000 $169 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,005 / mo

42 Days on Market

Highlights

  • Detached Guest House
  • Second Kitchen
  • Updated Kitchen
  • White Station High Rated A
  • Garage Apartment
  • Traditional Architecture

About This Home

As of August 2020

Completely renovated and remolded, in the heart of East Memphis. This home is STUNNING!!

Last Agent to Sell the Property

Danielle Holland

Reedy & Company, REALTORS License #331914 Listed on: 03/06/2020

Last Buyer's Agent

Stacey Haynes

Faith Management & Realty Grou License #284762

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 17,424 Sq Ft Lot
  • Lot Dimensions are 110 x 160
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,216 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Den
  • Screened Porch
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Second Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Apartment
  • Front Facing Garage
  • Garage Door Opener

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Greenway Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056013 00004

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0.4 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GREENWAY GARDENS
  • List Price Per Sq Ft: 203
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2216
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedroom 4 Description: Level 1, Private Full Bath, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Fireplace: In Living Room
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Island In Kitchen, Kit/DR Combo
  • Misc Interior: Pull Down Attic Stairs, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, In-Law Quarters, Separate Guest House, 2nd Kitchen, Attic
  • Primary Bathroom Description: Double Sinks, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Screen Porch, Garage Apartment, Well Landscaped Grounds, Wood Fence
  • Exterior Windows: Brick Veneer
  • 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), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 35
  • Acreage: 0.4
  • Lot Size: 110 X 160

Tax Info

  • Assessor Parcel Number: 056013 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Aug 28, 2020
Sold by
Memphis Investment Properties Ii Llc
Bought by
Blocker Anna E
Seller's Agent
Danielle Holland
Reedy & Company, REALTORS
Buyer's Agent
Stacey Haynes
Faith Management & Realty Grou
List Price
$449,000
Sold Price
$438,000
Premium/Discount to List
-$11,000
-2.45%
Current Estimated Value
$503,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,155
Avg. Annual Appreciation
2.52%
Original Mortgage
$416,100
Outstanding Balance
$367,580
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$135,575

Purchase Details

Closed on
Sep 4, 2019
Sold by
Johns Williams C and Johns Luanne C
Bought by
Memphis Investment Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 7, 2003
Sold by
Fonville Harold W and Fonville Bird
Bought by
Johns William C and Johns Luanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,500
Interest Rate
5.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 1998
Sold by
Fonville Lara B
Bought by
Fonville Ii Harold W

Purchase Details

Closed on
Dec 28, 1994
Bought by
Fonville Harold W and Fonville Lar
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blocker Anna E $438,000 Baymark T&E Svcs Llc
Memphis Investment Properties Ii Llc $215,000 Delta Title Services Llc
Johns William C $203,900 --
Fonville Ii Harold W -- --
Fonville Ii Harold W -- --
Fonville Harold W $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blocker Anna E $416,100
Previous Owner Memphis Investment Properties Ii Llc $296,000
Previous Owner Johns William C $183,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $438,000 -2.4% $183 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $449,000 -- $187 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $3,828 $135,800 $43,125 $92,675
2024 $3,828 $112,925 $38,250 $74,675
2023 $6,879 $112,925 $38,250 $74,675
2022 $6,879 $112,925 $38,250 $74,675
2021 $6,960 $112,925 $38,250 $74,675
2020 $6,040 $72,200 $38,250 $33,950
2019 $2,308 $72,200 $38,250 $33,950
2018 $2,308 $72,200 $38,250 $33,950
2017 $2,362 $72,200 $38,250 $33,950
2016 $2,797 $64,000 $0 $0
2014 $2,797 $64,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danielle Holland

    Seller's Agent in 2020

    Danielle Holland

    Reedy & Company, REALTORS

    (901) 489-2093

    7 in this area

    195 Total Sales

    Danielle Holland
    Section Image

  • S

    Buyer's Agent in 2020

    Stacey Haynes

    Faith Management & Realty Grou

    (901) 355-3436

    1 in this area

    21 Total Sales

    Stacey Haynes
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10072356

Memphis Area Association of REALTORS®

APN: 05-6013-0-0004

Tennessee Shelby County Memphis 38117 East Memphis

4981 Cole Rd, Memphis, TN

Not Listed for Sale

Detached

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