NOT LISTED FOR SALE

5040 Cole Rd Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $431,008 - $550,000

5 Beds
3 Baths
2,600-2,799 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $343,000 $123 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,770/month

33 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1 Fireplace
  • White Station High Rated A
  • Main Floor Primary Bedroom
  • Separate Formal Living Room

About This Home

As of July 2019

This is a rare find in a highly sought after East Memphis neighborhood. This large family home features a highly elegant layout that will serve the next owner very well. This home is very well maintained and as clean as a whistle. Opportunities abound with this timeless beauty. Tons of original hardwood flooring and beautiful original wood windows!

Last Agent to Sell the Property

David Dickten

Harvest Realty License #285703 Listed on: 06/14/2019

Last Buyer's Agent

Sissy Vaughan

BHHS McLemore & Co., Realty License #281962

BHHS McLemore & Co., Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 10,890 Sq Ft Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,651 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Home Security

  • Storm Windows
  • Iron Doors

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Billingsley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056026 00017

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0.25 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BILLINGSLEY
  • List Price Per Sq Ft: 139
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2651
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedrooms: 5
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling
  • Full Bathrooms: 3
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Island In Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio
  • Exterior Windows: Brick Veneer, Wood Window(s), Storm Window(s)

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Workshop(s), Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 2
  • Acreage: 0.25
  • Lot Size: 78 X 141.5/144.6

Tax Info

  • Assessor Parcel Number: 056026 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Aug 8, 2019
Sold by
Griesbeck Charles William
Bought by
Vaughan Leslie
Seller's Agent
David Dickten
Harvest Realty
Buyer's Agent
Sissy Vaughan
BHHS McLemore & Co., Realty
List Price
$383,900
Sold Price
$343,000
Premium/Discount to List
-$40,900
-10.65%
Current Estimated Value
$480,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,002
Avg. Annual Appreciation
5.18%
Original Mortgage
$143,000
Outstanding Balance
$124,776
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$355,226

Purchase Details

Listed on
Apr 24, 2014
Closed on
Jun 12, 2014
Sold by
Gilmore Neal Barret and Gilmore Susanna Perry
Bought by
Griesbeck Charles William
Seller's Agent
Janis Hasen
Hobson, REALTORS
Buyer's Agent
David Dickten
Harvest Realty
List Price
$295,000
Sold Price
$283,500
Premium/Discount to List
-$11,500
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%
Original Mortgage
$226,800
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2004
Sold by
Geiger Terrence L and Geiger Janet D
Bought by
Gilmore Neal Barret and Gilmore Susanna Perry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 1999
Sold by
Koch Fred J
Bought by
Geiger Terrence L and Geiger Janet D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vaughan Leslie $343,000 Executive Ttl & Closing Inc
Griesbeck Charles William $283,500 Fntg
Gilmore Neal Barret $250,000 --
Geiger Terrence L $250,000 --
Geiger Terrence L $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughan Leslie $143,000
Previous Owner Griesbeck Charles William $226,800
Previous Owner Gilmore Neal Barret $200,000
Previous Owner Geiger Terrence L $200,000
Closed Gilmore Neal Barret $37,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2019 07/31/19 Sold $343,000 -7.0% $132 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
06/21/2019 06/21/19 Price Changed $368,900 -3.9% $142 / Sq Ft
06/14/2019 06/14/19 For Sale $383,900 +35.4% $148 / Sq Ft
06/12/2014 06/12/14 Sold $283,500 -3.9% $106 / Sq Ft View Prior Sale
05/04/2014 05/04/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $295,000 -- $111 / 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 $2,939 $102,475 $38,100 $64,375
2024 $2,939 $86,700 $38,250 $48,450
2023 $5,281 $86,700 $38,250 $48,450
2022 $5,281 $86,700 $38,250 $48,450
2021 $2,991 $86,700 $38,250 $48,450
2020 $5,579 $77,000 $38,250 $38,750
2019 $2,461 $77,000 $38,250 $38,750
2018 $2,461 $77,000 $38,250 $38,750
2017 $2,519 $77,000 $38,250 $38,750
2016 $3,146 $72,000 $0 $0
2014 $3,146 $72,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    David Dickten

    Harvest Realty

    Section Image
  • Sissy Vaughan

    Buyer's Agent in 2019

    Sissy Vaughan

    BHHS McLemore & Co., Realty

    (901) 870-6227

    4 in this area

    65 Total Sales

    Sissy Vaughan
    Section Image
  • Janis Hasen

    Seller's Agent in 2014

    Janis Hasen

    Hobson, REALTORS

    (901) 483-1433

    12 in this area

    21 Total Sales

    Janis Hasen
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10055113

Memphis Area Association of REALTORS®

APN: 05-6026-0-0017

Tennessee Shelby County Memphis 38117 East Memphis

5040 Cole Rd, Memphis, TN

Not Listed for Sale

Detached

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