NOT LISTED FOR SALE

508 Sharon Dr Memphis, TN 38122

East Memphis Neighborhood

Estimated Value: $247,000 - $270,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$183/Sq Ft Est. Value

Last Sold April 16, 2019

Last sale price $124,900 $89 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,520/month

1 Day on Market

Highlights

  • 1 Fireplace
  • White Station Middle Rated A-
  • 1-Story Property

About This Home

As of April 2019

This home is located at 508 Sharon Dr, Memphis, TN 38122 since 12 April 2019 and is currently estimated at $256,513, approximately $213 per square foot. This property was built in 1950. 508 Sharon Dr is a home located in Shelby County with nearby schools including Grahamwood Elementary School, White Station Middle, and White Station High.

Last Agent to Sell the Property

Stephen Akindona

Kairos Realty License #329215 Listed on: 04/12/2019

Last Buyer's Agent

Stephen Akindona

Kairos Realty License #329215 Listed on: 04/12/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.26 Acre Lot

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,348 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Sharon 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055001 00060

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: HIGH POINT TERRACE
  • List Price Per Sq Ft: 93
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1348
  • Year Built: 1950
  • 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
  • Number Of Fireplaces: 1

Lot Info

  • Lot Number: 13
  • Acreage: 0.26
  • Lot Size: 11,440

Tax Info

  • Assessor Parcel Number: 055001 00060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2020
Sold by
Smith Ryan G
Bought by
4G Llc
Current Estimated Value
$256,513

Purchase Details

Listed on
Apr 12, 2019
Closed on
Apr 12, 2019
Sold by
Pegasus Real Estate Services Llc
Bought by
Smith Ryan G
Seller's Agent
Stephen Akindona
Kairos Realty
Buyer's Agent
Stephen Akindona
Kairos Realty
List Price
$124,900
Sold Price
$124,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Original Mortgage
$128,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2001
Sold by
Ballentine Susan P
Bought by
Hud

Purchase Details

Closed on
Mar 31, 2000
Sold by
Corson Chris K and Corson Woodson E
Bought by
Ballentine Susan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,956
Interest Rate
8.34%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 1997
Sold by
Stewart James Russell and Stewart Traci Baxter
Bought by
Corson Chris K and Woodson Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,861
Interest Rate
7.43%
Mortgage Type
FHA
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
4G Llc -- Saddle Creek Title Llc
Smith Ryan G $124,900 Saddle Creek Title Llc
Pegasus Real Estate Services Llc $100,000 Home Surety T&E Llc
Hud $91,854 --
Ballentine Susan P $85,000 Lawyers Title Company
Ballentine Susan P $85,000 Lawyers Title Company
Corson Chris K $67,000 --
Corson Chris K $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Ryan G $128,000
Previous Owner Ballentine Susan P $84,956
Previous Owner Corson Chris K $66,861
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2019 04/16/19 Sold $124,900 +24.9% $104 / Sq Ft
04/13/2019 04/13/19 Pending -- -- --
04/12/2019 04/12/19 Sold $100,000 -19.9% $56 / Sq Ft View Prior Sale
04/12/2019 04/12/19 For Sale $124,900 +3.2% $104 / Sq Ft
03/11/2019 03/11/19 For Sale $121,000 -- $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 $2,034 $63,250 $12,075 $51,175
2024 $2,034 $60,000 $8,050 $51,950
2023 $3,655 $60,000 $8,050 $51,950
2022 $3,655 $60,000 $8,050 $51,950
2021 $2,070 $60,000 $8,050 $51,950
2020 $2,127 $29,350 $8,050 $21,300
2019 $938 $29,350 $8,050 $21,300
2018 $938 $29,350 $8,050 $21,300
2017 $960 $29,350 $8,050 $21,300
2016 $1,176 $26,900 $0 $0
2014 $1,176 $26,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Theresa Goolsby

    Seller's Agent in 2019

    Theresa Goolsby

    BHHS McLemore & Co., Realty

    (205) 337-3878

    2 in this area

    29 Total Sales

    Theresa Goolsby
    Section Image
  • Stephen Akindona

    Seller's Agent in 2019

    Stephen Akindona

    Kairos Realty

    (901) 486-6688

    6 in this area

    83 Total Sales

    Stephen Akindona
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10059008

Memphis Area Association of REALTORS®

APN: 05-5001-0-0060

Tennessee Shelby County Memphis 38122 East Memphis

508 Sharon Dr, Memphis, TN

Not Listed for Sale

Detached

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