NOT LISTED FOR SALE

Estimated Value: $109,000 - $133,000

3 Beds
1 Bath
1,215 Sq Ft
$101/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $33,500 $28 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $699/month

Highlights

  • Traditional Architecture
  • Porch
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • 1 Car Attached Garage
  • Partially Carpeted

About This Home

As of October 2014

This home is located at 5016 Teal Ave, Memphis, TN 38118 since 17 October 2014 and is currently estimated at $122,793, approximately $101 per square foot. This property was built in 1963. 5016 Teal Ave is a home located in Shelby County with nearby schools including Evans Elementary School, Wooddale High School, and Cornerstone Prep School.

Last Agent to Sell the Property

George Roser

My Home Realty, LLC License #261250 Listed on: 10/17/2014

Last Buyer's Agent

Mid- South Rentals

Renshaw Company, REALTORS License #323965

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $549

Year Built

  • Built in 1963

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,215 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Driveway

Additional Features

  • Porch
  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Winchester Gardens Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074039 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$549

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 772F
  • MAAR Subdivision Name: WINCHESTER GARDENS BLK B
  • List Price Per Sq Ft: 37
  • Number Of Stories: 1
  • Price Per Sq Ft: 27.57
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1215
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 149
  • Acreage: 0.2
  • Price Per Acre: 224500

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 074039 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2009
Sold by
Boone Jeffrey M and Boone Richard B
Bought by
Fairway Capital Partners Llc
Current Estimated Value
$119,231

Purchase Details

Closed on
May 1, 2003
Sold by
Citifinancial Mortgage Co Inc
Bought by
Boone Jeffrey M and Boone Richard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 21, 2003
Sold by
Watkins Roy and Hearns Rosie
Bought by
Citifinancial Mortgage Co Inc

Purchase Details

Closed on
Sep 28, 1999
Sold by
Helen Hurst
Bought by
Watkins Roy and Hearns Rosie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,700
Interest Rate
7.79%
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
Fairway Capital Partners Llc -- None Available
Boone Jeffrey M $53,500 Edco Title & Closing Service
Citifinancial Mortgage Co Inc $49,000 --
Watkins Roy $73,000 Equity Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boone Jeffrey M $58,000
Previous Owner Watkins Roy $65,700
Previous Owner Hurst Helen $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $33,500 -25.4% $28 / Sq Ft
10/17/2014 10/17/14 Pending -- -- --
10/17/2014 10/17/14 For Sale $44,900 -- $37 / 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 $549 $28,000 $5,000 $23,000
2024 $549 $16,200 $3,350 $12,850
2023 $987 $16,200 $3,350 $12,850
2022 $987 $16,200 $3,350 $12,850
2021 $998 $16,200 $3,350 $12,850
2020 $991 $13,675 $3,350 $10,325
2019 $991 $13,675 $3,350 $10,325
2018 $991 $13,675 $3,350 $10,325
2017 $562 $13,675 $3,350 $10,325
2016 $588 $13,450 $0 $0
2014 $588 $13,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9939575

Memphis Area Association of REALTORS®

APN: 07-4039-0-0022