NOT LISTED FOR SALE

5042 Andover Dr Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $128,000 - $162,000

3 Beds
2 Baths
1,563 Sq Ft
$95/Sq Ft Est. Value

Last Sold June 09, 2020

Last sale price $60,000 $38 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $880/month

29 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • Some Wood Windows

About This Home

As of June 2020

Great investment! Rented for $700 per month with good long term tenant.

Last Agent to Sell the Property

Gina Angotti

Angotti Agency License #295865 Listed on: 04/21/2020

Last Buyer's Agent

Chris Mosby

ResiAmerica, Inc. License #282881

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $624

Year Built

  • Built in 1970

Lot Details

  • 0.26 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,563 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Westwood Shores Blk F Subdivision

Listing and Financial Details

  • Assessor Parcel Number 082062 00079

Home Details

Home Type

Single Family

Est. Annual Taxes

$624

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 765B
  • MAAR Subdivision Name: WESTWOOD SHORES BLK F
  • List Price Per Sq Ft: 42
  • Number Of Stories: 1
  • Price Per Sq Ft: 38.39
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1563
  • Year Built: 1970
  • 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
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: 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: Some Trees
  • Lot Number: 339
  • Acreage: 0.26
  • Lot Size: 83.5/58.97 X 135.24/122.85
  • Price Per Acre: 250000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 082062 00079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Vb One Llc
Bought by
Vb Two Llc
Current Estimated Value
$151,186

Purchase Details

Listed on
Apr 21, 2020
Closed on
Jun 4, 2020
Sold by
The Vargas Family Trust
Bought by
Vb One Llc
Seller's Agent
Gina Angotti
Angotti Agency
Buyer's Agent
Chris Mosby
ResiAmerica, Inc.
List Price
$70,000
Sold Price
$60,000
Premium/Discount to List
-$10,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.52%

Purchase Details

Closed on
Oct 14, 2011
Sold by
Fannie Mae
Bought by
Vargas Lucas

Purchase Details

Closed on
Nov 22, 2010
Sold by
Vargas Lucas
Bought by
The Vargas Family Trust

Purchase Details

Closed on
Sep 24, 2010
Sold by
Franklin Natasha
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 14, 2007
Sold by
Franklin Natasha
Bought by
Franklin Natasha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2002
Sold by
Word Donnell and Word Edna L
Bought by
Franklin Natasha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,467
Interest Rate
6.67%
Mortgage Type
FHA
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
Vb Two Llc -- None Available
Vb One Llc $60,000 None Available
Vargas Lucas $20,000 Premium Title Group Llc
The Vargas Family Trust -- Premium Title Group Llc
Federal National Mortgage Association $70,556 None Available
Franklin Natasha -- Baymark Title & Escrow Servi
Franklin Natasha $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franklin Natasha $86,400
Previous Owner Franklin Natasha $81,900
Previous Owner Franklin Natasha $67,467
Previous Owner Word Donnell $46,000
Closed Franklin Natasha $1,943
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2020 06/09/20 Sold $60,000 -7.7% $38 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
05/17/2020 05/17/20 Price Changed $65,000 -7.1% $42 / Sq Ft
04/21/2020 04/21/20 For Sale $70,000 -- $45 / 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 $624 $34,225 $4,025 $30,200
2024 $624 $18,400 $2,925 $15,475
2023 $1,121 $18,400 $2,925 $15,475
2022 $1,121 $18,400 $2,925 $15,475
2021 $1,332 $18,400 $2,925 $15,475
2020 $1,341 $18,500 $2,925 $15,575
2019 $591 $18,500 $2,925 $15,575
2018 $591 $18,500 $2,925 $15,575
2017 $605 $18,500 $2,925 $15,575
2016 $796 $18,225 $0 $0
2014 $796 $18,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gina Angotti

    Angotti Agency

    Section Image
  • Chris Mosby

    Buyer's Agent in 2020

    Chris Mosby

    ResiAmerica, Inc.

    (901) 830-7200

    28 in this area

    391 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10075040

Memphis Area Association of REALTORS®

APN: 08-2062-0-0079

Tennessee Shelby County Memphis 38109 Westwood

5042 Andover Dr, Memphis, TN

This home is located at 5042 Andover Dr, Memphis, TN 38109 since 21 April 2020 and is currently estimated at $148,477, approximately $94 per square foot. This property was built in 1970. 5042 Andover Dr is a home located in Shelby County with nearby schools including Double Tree Elementary School, Chickasaw Middle School, and Westwood High School.

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