NOT LISTED FOR SALE

5001 Frankie Ln Memphis, TN 38109

Whitehaven Neighborhood

Estimated Value: $96,000 - $119,000

4 Beds
2 Baths
1,200-1,399 Sq Ft
$77/Sq Ft Est. Value

Last Sold January 04, 2024

Last sale price $119,900 $86 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $635/month

35 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Some Wood Windows
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • Tile Flooring
  • Wood Fence

About This Home

As of January 2024

A fantastic opportunity to own a piece of Memphis in this lovely home. An excellent investment property or a place to call home - the choice is yours. Don't miss out on this affordable home, 5 minutes from the interstate

Last Agent to Sell the Property

Thomas Zettergren

Premier Realty Group, LLC License #350202 Listed on: 11/07/2023

Last Buyer's Agent

Linitra Washington

KAIZEN Realty, LLC License #369270

KAIZEN Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $613

Year Built

  • Built in 1960

Lot Details

  • 8,015

Home Design

  • Split Level Home
  • Property Attached

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,308 Sq Ft Home
  • 2-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Iron Doors

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Covered Space
  • Driveway

Additional Features

  • Wood Fence
  • Central Heating and Cooling System

Community Details

  • Whitehaven Meadows Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$613

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Split Level
  • Detached Unit Type: General Residential
  • MLS Map #: 767N
  • MAAR Subdivision Name: WHITEHAVEN MEADOWS
  • Number Of Stories: 2
  • Price Per Sq Ft: 91.67
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1308
  • Year Built: 1960
  • List Price/ Sq Ft: 92
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Wood Fenced
  • Lot Size: 0.183 acres

Multi Family

  • Number Of Rooms: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2024
Sold by
Hison Turner and Turner Tcalla
Bought by
Turner Tcalla and Hinson Tyler
Current Estimated Value
$107,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,550
Outstanding Balance
$118,040
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
-$2,482

Purchase Details

Listed on
Nov 7, 2023
Closed on
Jan 4, 2024
Sold by
Provident Trust Group Llc
Bought by
Turner Tcalla and Husin Tyler
Seller's Agent
Thomas Zettergren
Premier Realty Group, LLC
Buyer's Agent
Linitra Washington
KAIZEN Realty, LLC
List Price
$119,900
Sold Price
$119,900
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.22%
Original Mortgage
$117,727
Interest Rate
7.22%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 19, 2013
Closed on
Jun 25, 2013
Sold by
Memphis Invest Gp
Bought by
Provident Trust Group Llc
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$74,900
Sold Price
$74,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$37,450
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 21, 2013
Closed on
Apr 12, 2013
Sold by
Lpp Mortgage Ltd
Bought by
Memphis Invest Gp
Seller's Agent
Ahmad Muhammad
M & M Realty, LLC
Buyer's Agent
Ahmad Muhammad
M & M Realty, LLC
List Price
$29,900
Sold Price
$30,101
Premium/Discount to List
$201
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9439.04%
Original Mortgage
$81,675
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2007
Sold by
Lewis Terry and Green Michelle T
Bought by
Lpp Mortgage Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2006
Sold by
Wells Fargo Financial Tennessee 1 Llc
Bought by
Woods Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,731
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 2, 2006
Sold by
Perry Ralph and Perry Gladys M
Bought by
Wells Fargo Financial Tennessee 1 Llc
Source: Public Records

Range of Values:

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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
Turner Tcalla -- None Listed On Document
Turner Tcalla $119,900 Sure Title
Provident Trust Group Llc $74,900 None Available
Memphis Invest Gp $30,101 None Available
Lpp Mortgage Ltd $61,221 None Available
Lewis Terry $79,000 C & T Title & Escrow
Woods Harold $11,000 None Available
Wells Fargo Financial Tennessee 1 Llc $42,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Tcalla $118,550
Previous Owner Turner Tcalla $117,727
Previous Owner Provident Trust Group Llc $37,450
Previous Owner Memphis Invest Gp $81,675
Previous Owner Lewis Terry $79,000
Previous Owner Woods Harold $21,731
Previous Owner Woods Harold $5,500
Previous Owner Perry Ralph $44,631
Previous Owner Perry Ralph $42,507
Previous Owner Perry Ralph $7,500
Previous Owner Perry Ralph $40,500
Previous Owner Perry Ralph $35,097
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2024 01/04/24 Sold $119,900 0.0% $100 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
12/08/2023 12/08/23 For Sale $119,900 0.0% $100 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $119,900 +60.1% $100 / Sq Ft
06/25/2013 06/25/13 Sold $74,900 0.0% $749 / Sq Ft
04/29/2013 04/29/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $74,900 +148.8% $749 / Sq Ft
04/12/2013 04/12/13 Sold $30,101 +0.7% $25 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $29,900 -- $25 / 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 $613 $28,375 $4,125 $24,250
2024 $464 $18,075 $2,750 $15,325
2023 $835 $13,700 $2,750 $10,950
2022 $835 $13,700 $2,750 $10,950
2021 $844 $13,700 $2,750 $10,950
2020 $860 $11,875 $2,750 $9,125
2019 $860 $11,875 $2,750 $9,125
2018 $860 $11,875 $2,750 $9,125
2017 $488 $11,875 $2,750 $9,125
2016 $532 $12,175 $0 $0
2014 $532 $12,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Thomas Zettergren

    Premier Realty Group, LLC

    (901) 751-7979

    3 in this area

    45 Total Sales

    Thomas Zettergren
    Section Image

  • L

    Buyer's Agent in 2024

    Linitra Washington

    KAIZEN Realty, LLC

    (901) 221-4041

    2 in this area

    8 Total Sales

    Linitra Washington
    Section Image

  • M

    Seller's Agent in 2013

    Mark Saller

    Reedy Group II, LLC

    Section Image

  • A

    Seller's Agent in 2013

    Ahmad Muhammad

    M & M Realty, LLC

    Section Image

  • N

    Buyer's Agent in 2013

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10160392

Memphis Area Association of REALTORS®

APN: 07-6115-0-0009

Tennessee Shelby County Memphis 38109 Whitehaven

5001 Frankie Ln, Memphis, TN

This home is located at 5001 Frankie Ln, Memphis, TN 38109 since 07 November 2023 and is currently estimated at $107,157, approximately $76 per square foot. This property was built in 1960. 5001 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.

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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