NOT LISTED FOR SALE

4987 French Broad Ln Memphis, TN 38135

Estimated Value: $343,276 - $362,000

3 Beds
2 Baths
2,400-2,599 Sq Ft
$137/Sq Ft Est. Value

Last Sold September 24, 2014

Last sale price $162,000 $62 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,062/month

Highlights

  • Landscaped Professionally
  • Fireplace in Hearth Room
  • Main Floor Primary Bedroom
  • Rivercrest Elementary School Rated A-
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of September 2014

Great 3 bedrooms, 2 baths with large 4th/bonus up. Master has a luxury bath, his/her sink, sep dining, gas fireplace in hearth room. Office/sewing room off kitchen, freshly painted inside/out. Almost all new windows, new roof in 2012. Move-in ready.

Last Agent to Sell the Property

Bennie Leflore

Adaro Realty, Inc. License #291796 Listed on: 04/16/2014

Adaro Realty, Inc.

Last Buyer's Agent

Chris Mosby

ResiAmerica, Inc. License #282881

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,054

Year Built

  • Built in 2002

Lot Details

  • 0.36 Acre Lot
  • Landscaped Professionally
  • Corner Lot

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,449 Sq Ft Home
  • 1.2-Story Property
  • Popcorn or blown ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Fireplace Features Masonry
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Play Room
  • Keeping Room
  • Attic Access Panel

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Burglar Security System
  • Storm Windows
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • Rivercrest Section B Subdivision

Listing and Financial Details

  • Assessor Parcel Number B0148X C00026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,054

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Piney River Road
  • MLS Map #: 852A
  • MAAR Subdivision Name: RIVERCREST SEC B
  • List Price Per Sq Ft: 69
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 66.15
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2449
  • Termite Contract: Yes
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room, Office
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Whirlpool(s), Full Bath Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath, Carpet
  • Bedroom 3 Description: Level 1, Walk-In Closet, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Keeping/Hearth room, Gas Starter, Gas Logs
  • Floors/Ceilings: Wall to Wall Carpet, Tile, Sprayed Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Microwave, Cable Available, Satellite Dish
  • Living Dining Kitchen: Separate Dining Room, Pantry, Washer/Dryer Connections, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Attic Access, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Play Room, Bonus Room, Office/Sewing Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Carpet
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Patio, Sidewalks
  • Exterior Windows: Brick Veneer, Aluminum Window(s), Double Pane Window(s), Storm Window(s)
  • Foundation: Conventional
  • 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), Side-Load Garage

Utilities

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

Lot Info

  • Lot Description: Corner, Professionally Landscaped
  • Lot Number: 117
  • Acreage: 0.36
  • Keeping Hearth Dimension: 18x15
  • Lot Size: 15785 SF 132 X 117
  • Price Per Acre: 469444

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: B0148X C00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2019
Sold by
American Homes 4 Retna Prop Seven Llc
Bought by
Ah4r Tn3 Llc
Current Estimated Value
$356,569

Purchase Details

Listed on
Apr 16, 2014
Closed on
Sep 24, 2014
Sold by
Martinez Athur D
Bought by
American Homes 4 Rent Properties Seven L
Seller's Agent
Bennie Leflore
Adaro Realty, Inc.
Buyer's Agent
Chris Mosby
ResiAmerica, Inc.
List Price
$185,000
Sold Price
$162,000
Premium/Discount to List
-$23,000
-12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%

Purchase Details

Closed on
Aug 12, 2002
Sold by
Vintage Homes Llc
Bought by
Martinez Arthur D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.52%
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
Ah4r Tn3 Llc -- None Available
American Homes 4 Rent Properties Seven L $162,000 None Available
Martinez Arthur D $185,000 Memphis Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Arthur D $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2014 09/24/14 Sold $162,000 -12.4% $68 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $185,000 -- $77 / 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 $2,054 $87,675 $18,000 $69,675
2024 $2,054 $60,600 $12,200 $48,400
2023 $3,103 $60,600 $12,200 $48,400
2022 $3,103 $60,600 $12,200 $48,400
2021 $2,091 $60,600 $12,200 $48,400
2020 $2,670 $45,400 $12,200 $33,200
2019 $831 $45,400 $12,200 $33,200
2018 $1,839 $45,400 $12,200 $33,200
2017 $2,697 $45,400 $12,200 $33,200
2016 $1,788 $40,925 $0 $0
2014 $1,788 $40,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9924256

Memphis Area Association of REALTORS®

APN: B0-148X-C0-0026