NOT LISTED FOR SALE

5061 Chesterton Cove Memphis, TN 38127

Estimated Value: $115,000 - $152,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$90/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $68,500 $49 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $696/month

44 Days on Market

About This Home

As of August 2023

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 07/01/2023

Last Buyer's Agent

Melissa Wilbanks

Crye-Leike, Inc., REALTORS License #277840

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 37x105

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,243 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Community Details

  • Cedarwood Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0134 Q00034

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: CEDARWOOD SEC A
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1243
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Lot Info

  • Lot Number: 34
  • Acreage: 0.08
  • Lot Size: 37X105

Tax Info

  • Assessor Parcel Number: D0134 Q00034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2024
Sold by
Memphis Cashflow Gp
Bought by
Brooks Jason William and Liv Erin
Current Estimated Value
$125,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,675
Outstanding Balance
$98,191
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$27,409

Purchase Details

Listed on
Jul 1, 2023
Closed on
Aug 17, 2023
Sold by
Vb One Llc
Bought by
Gp Memphis Cash Flow
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Melissa Wilbanks
Crye-Leike, Inc., REALTORS
List Price
$80,000
Sold Price
$68,500
Premium/Discount to List
-$11,500
-14.38%
Views
322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.72%

Purchase Details

Closed on
Oct 20, 2021
Sold by
Couloubaritsis George and Couloubaritsis Jerry
Bought by
Vb One Llc

Purchase Details

Closed on
Feb 28, 2003
Sold by
Barton Ernest and Barton Kathryn
Bought by
Couloubaritsis George and Couloubaritsis Jerry
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
Brooks Jason William $132,900 Saddle Creek Title
Gp Memphis Cash Flow $68,500 Total Title Services
Vb One Llc $1,295,000 None Available
Couloubaritsis George $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Jason William $99,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2023 08/21/23 Sold $68,500 -8.7% $57 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
07/13/2023 07/13/23 Price Changed $75,000 -6.3% $63 / Sq Ft
07/01/2023 07/01/23 For Sale $80,000 -- $67 / 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 $424 $32,525 $2,000 $30,525
2024 $424 $12,500 $1,475 $11,025
2023 $424 $12,500 $1,475 $11,025
2022 $424 $12,500 $1,475 $11,025
2021 $431 $12,500 $1,475 $11,025
2020 $342 $8,450 $1,475 $6,975
2019 $342 $8,450 $1,475 $6,975
2018 $342 $8,450 $1,475 $6,975
2017 $347 $8,450 $1,475 $6,975
2016 $380 $8,700 $0 $0
2014 $380 $8,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2023

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    1,413 Total Sales

    Dean Harris
    Section Image
  • Melissa Wilbanks

    Buyer's Agent in 2023

    Melissa Wilbanks

    Crye-Leike

    (901) 438-1107

    95 Total Sales

    Melissa Wilbanks
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10151367

Memphis Area Association of REALTORS®

APN: D0-134-Q-00034

Tennessee Shelby County Memphis 38127

5061 Chesterton Cove, Memphis, TN

Not Listed for Sale

Detached

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