NOT LISTED FOR SALE

5023 Knight Arnold Rd Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $137,000 - $158,000

4 Beds
2 Baths
1,400-1,599 Sq Ft
$92/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $84,000 $53 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $841/month

Highlights

  • Traditional Architecture
  • Attic
  • Great Room
  • Main Floor Primary Bedroom
  • 1 Fireplace
  • Den

About This Home

As of September 2022

NO SHOWINGS UNTIL OFFER IS ACCEPTED. PLEASE DO NOT DISTURB THE TENANT. Great Investment Opportunity! 4 Bedrooms (3 down and 1 up). 2 Bathrooms. Laundry Closet. Wrought Iron Security Doors. Eat-In Kitchen. Delightful Great Room. Low Maintenance Brick Home. 2 Car Carport. Do Not Let This Fantastic Investment Opportunity Pass You By.

Last Agent to Sell the Property

Melissa Blume Thompson

eXp Realty License #231600 Listed on: 08/08/2022

eXp Realty

Last Buyer's Agent

Monica Bynum

Crye-Leike, Inc., REALTORS License #343193

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $736

Year Built

  • Built in 1963

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 70x135
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,473 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Great Room
  • Breakfast Room
  • Den
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Home Security

  • Storm Doors
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Winchester Gardens Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074040 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$736

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Perkins
  • MLS Map #: 772F
  • MAAR Subdivision Name: WINCHESTER GARDENS BLK A
  • List Price Per Sq Ft: 95
  • Number Of Stories: 2
  • Price Per Sq Ft: 57.03
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1473
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Breakfast Room
  • Second Story Floor Plan: 4th or More Bedrooms
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 2
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Sprayed Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cable Wired, Cable Available
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Attic
  • 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, Patio
  • Exterior Windows: Brick Veneer, Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 171
  • Acreage: 0.21
  • Lot Size: 70X135
  • Price Per Acre: 666667

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 074040 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Sep 27, 2022
Sold by
Miaomiao Shen
Bought by
Shalom Holdings Llc
Seller's Agent
Melissa Blume Thompson
eXp Realty
Buyer's Agent
Monica Bynum
Crye-Leike, Inc., REALTORS
List Price
$140,000
Sold Price
$84,000
Premium/Discount to List
-$56,000
-40%
Current Estimated Value
$146,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,617
Avg. Annual Appreciation
20.48%

Purchase Details

Closed on
Mar 24, 2017
Sold by
Marvin S Garden Llc
Bought by
Shen Miaomiao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,920
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2013
Sold by
Fairway Capital Partners Llc
Bought by
Wim Real Estate Investments I Llc

Purchase Details

Closed on
Jul 29, 2009
Sold by
Boone Jeffrey M and Boone Richard B
Bought by
Fairway Capital Prtners Llc

Purchase Details

Closed on
Jul 20, 2001
Sold by
Rogers Audrey
Bought by
Bank One National Assn and First National Bank Of Chicago

Purchase Details

Closed on
Jul 19, 1996
Sold by
Marbury William D and Marbury Florence E
Bought by
Rogers Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,971
Interest Rate
8.36%
Mortgage Type
FHA
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
Shalom Holdings Llc $84,000 --
Shen Miaomiao $84,900 Saddle Creek Title Llc
Wim Real Estate Investments I Llc $69,529 None Available
Fairway Capital Prtners Llc -- None Available
Bank One National Assn $55,047 --
Rogers Audrey $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shen Miaomiao $67,920
Previous Owner Rogers Audrey $54,971
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2022 09/29/22 Sold $84,000 -40.0% $60 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $140,000 +205.7% $100 / Sq Ft
12/27/2016 12/27/16 Sold $45,800 -11.9% $31 / Sq Ft View Prior Sale
12/02/2016 12/02/16 Pending -- -- --
10/31/2016 10/31/16 For Sale $52,000 -- $35 / 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 $736 $39,225 $5,000 $34,225
2024 $736 $21,700 $3,350 $18,350
2023 $1,322 $21,700 $3,350 $18,350
2022 $1,322 $21,700 $3,350 $18,350
2021 $1,337 $21,700 $3,350 $18,350
2020 $1,511 $20,850 $3,350 $17,500
2019 $666 $20,850 $3,350 $17,500
2018 $666 $20,850 $3,350 $17,500
2017 $511 $15,625 $3,350 $12,275
2016 $673 $15,400 $0 $0
2014 $673 $15,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Blume Thompson

    Seller's Agent in 2022

    Melissa Blume Thompson

    eXp Realty

    (901) 729-9443

    5 in this area

    293 Total Sales

    Melissa Blume Thompson
    Section Image
  • Monica Bynum

    Buyer's Agent in 2022

    Monica Bynum

    Crye-Leike, Inc., REALTORS

    (901) 833-5456

    23 in this area

    225 Total Sales

    Monica Bynum
    Section Image
  • Frank Malvezzi

    Seller's Agent in 2016

    Frank Malvezzi

    CB Properties of Memphis, LLC

    (901) 619-4145

    5 in this area

    86 Total Sales

    Frank Malvezzi
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10130658

Memphis Area Association of REALTORS®

APN: 07-4040-0-0002

Tennessee Shelby County Memphis 38118 Parkway Village

5023 Knight Arnold Rd, Memphis, TN

This home is located at 5023 Knight Arnold Rd, Memphis, TN 38118 since 08 August 2022 and is currently estimated at $146,617, approximately $91 per square foot. This property was built in 1963. 5023 Knight Arnold Rd is a home located in Shelby County with nearby schools including Evans Elementary School, Wooddale High School, and Cornerstone Prep School.

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