NOT LISTED FOR SALE

5050 Cheston Ave Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $129,000 - $162,315

3 Beds
2 Baths
1,400-1,599 Sq Ft
$94/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $111,000 $69 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $847/month

36 Days on Market

About This Home

As of January 2024

This property is an excellent addition to your investment portfolio, featuring a longstanding tenant. It is professionally managed and meticulously maintained. Please refrain from approaching the property directly, as it is for drive-by viewing only. Kindly respect the tenant's privacy and refrain from any disturbances.

Last Agent to Sell the Property

Tracy Jefferson

Crye-Leike, Inc., REALTORS License #334930 Listed on: 12/04/2023

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tracy Jefferson

Crye-Leike, Inc., REALTORS License #334930 Listed on: 12/04/2023

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70x125
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,530 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Parkway Village Blk D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074045 00014

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: PARKWAY VILLAGE BLK D
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1530
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 647
  • Acreage: 0.2
  • Lot Size: 70X125

Tax Info

  • Assessor Parcel Number: 074045 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Mid South Homebuyers Gp and Mid South Home Buyers Llc
Bought by
Paul T Cooney Trust
Current Estimated Value
$149,829

Purchase Details

Listed on
Dec 4, 2023
Closed on
Jan 25, 2024
Sold by
Vonmehren Ann L
Bought by
Mid South Homebuyers Llc
Seller's Agent
Tracy Jefferson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tracy Jefferson
Crye-Leike, Inc., REALTORS
List Price
$135,000
Sold Price
$111,000
Premium/Discount to List
-$24,000
-17.78%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.05%

Purchase Details

Listed on
Dec 7, 2020
Closed on
Dec 22, 2020
Sold by
Marc Iii Llc
Bought by
Vonmehren Ann L
Seller's Agent
Keff Couch
Capstone Realty Services
Buyer's Agent
Tracy Jefferson
Crye-Leike, Inc., REALTORS
List Price
$93,000
Sold Price
$80,000
Premium/Discount to List
-$13,000
-13.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.14%

Purchase Details

Listed on
Aug 5, 2013
Closed on
Aug 16, 2013
Sold by
Bishop David L
Bought by
Marc Iii Llc
Seller's Agent
Judy Smith
Enterprise, REALTORS
Buyer's Agent
Judy Smith
Enterprise, REALTORS
List Price
$59,000
Sold Price
$51,500
Premium/Discount to List
-$7,500
-12.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Paul T Cooney Trust $168,800 None Listed On Document
Mid South Homebuyers Llc $111,000 None Listed On Document
Vonmehren Ann L $80,000 None Available
Marc Iii Llc $51,500 Multiple
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2024 01/26/24 Sold $111,000 -17.8% $79 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
12/04/2023 12/04/23 For Sale $135,000 +68.8% $96 / Sq Ft
12/22/2020 12/22/20 Sold $80,000 -14.0% $57 / Sq Ft View Prior Sale
12/16/2020 12/16/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $93,000 +80.6% $66 / Sq Ft
08/16/2013 08/16/13 Sold $51,500 -12.7% $37 / Sq Ft View Prior Sale
08/07/2013 08/07/13 Pending -- -- --
08/05/2013 08/05/13 For Sale $59,000 -- $42 / 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 $703 $43,575 $4,200 $39,375
2024 $703 $20,750 $3,000 $17,750
2023 $1,264 $20,750 $3,000 $17,750
2022 $1,264 $20,750 $3,000 $17,750
2021 $716 $20,750 $3,000 $17,750
2020 $1,054 $14,550 $3,000 $11,550
2019 $465 $14,550 $3,000 $11,550
2018 $465 $14,550 $3,000 $11,550
2017 $476 $14,550 $3,000 $11,550
2016 $672 $15,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracy Jefferson

    Seller's Agent in 2024

    Tracy Jefferson

    Crye-Leike

    (901) 218-4006

    7 in this area

    103 Total Sales

    Tracy Jefferson
    Section Image
  • Keff Couch

    Seller's Agent in 2020

    Keff Couch

    Capstone Realty Services

    (662) 890-9696

    4 in this area

    79 Total Sales

    Keff Couch
    Section Image

  • J

    Seller's Agent in 2013

    Judy Smith

    Enterprise, REALTORS

    (901) 569-0403

    29 Total Sales

    Judy Smith
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10162061

Memphis Area Association of REALTORS®

APN: 07-4045-0-0014

Tennessee Shelby County Memphis 38118 Parkway Village

5050 Cheston Ave, Memphis, TN

Not Listed for Sale

Detached

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