NOT LISTED FOR SALE

5098 Colewood Ave Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $117,000 - $170,000

3 Beds
2 Baths
1,244 Sq Ft
$114/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $56,000 $45 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $807/month

About This Home

As of May 2020

Say hello to your new home! This beautiful home located in 38118 is priced to rent and won’t last long! This 1215 sq. ft. home has 3 spacious bedrooms and 2 bathrooms. In addition to the fenced-in backyard, this home features an open floor plan, an eat-in kitchen, and a living room that is perfect for entertaining. This property is a must see! Don’t wait! Contact our leasing team TODAY to schedule your viewing and start your application process!

Last Agent to Rent the Property

Nathan Gray

Premier Property Management Gr License #324039 Listed on: 04/07/2020

Co-Listed By

Nicholas Bolding

Keller Williams License #348505

Last Renter's Agent

Jerry Thornton

Premier Property Management Gr License #325902

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $665

Year Built

  • Built in 1961

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,244 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 074056 00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$665

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 772D
  • MAAR Subdivision Name: PARKWAY VILLAGE BLK D
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1
  • Price Per Sq Ft: 0.78
  • Estimated Sq Ft: 1244
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 732
  • Acreage: 0.2
  • Lot Size: x
  • Price Per Acre: 4750

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 074056 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2020
Sold by
Rei Nation Llc
Bought by
Murphy Christopher
Current Estimated Value
$141,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,875
Outstanding Balance
$89,348
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$62,514

Purchase Details

Listed on
Dec 19, 2019
Closed on
Jan 31, 2020
Sold by
Haney Stacy Ray
Bought by
Rei Nation Llc
Seller's Agent
Jason Wallace
Keller Williams Realty
Buyer's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
List Price
$79,900
Sold Price
$56,000
Premium/Discount to List
-$23,900
-29.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.39%
Original Mortgage
$0
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving
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
Murphy Christopher $122,500 None Available
Rei Nation Llc $56,000 Edco Ttl & Closing Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Christopher $99,875
Previous Owner Rei Nation Llc $0
Previous Owner Haney Stacey Ray $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2020 05/27/20 Rented $975 +2.6% --
05/12/2020 05/12/20 Under Contract -- -- --
04/10/2020 04/10/20 Price Changed $950 -4.5% $1 / Sq Ft
04/07/2020 04/07/20 For Rent $995 0.0% --
01/31/2020 01/31/20 Sold $56,000 -18.8% $47 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
01/21/2020 01/21/20 Price Changed $69,000 -8.0% $58 / Sq Ft
01/11/2020 01/11/20 Price Changed $75,000 -6.1% $63 / Sq Ft
12/19/2019 12/19/19 For Sale $79,900 -- $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 $665 $28,975 $4,200 $24,775
2024 $665 $19,625 $3,000 $16,625
2023 $1,195 $19,625 $3,000 $16,625
2022 $1,195 $19,625 $3,000 $16,625
2021 $677 $19,625 $3,000 $16,625
2020 $1,081 $14,925 $3,000 $11,925
2019 $477 $14,925 $3,000 $11,925
2018 $477 $14,925 $3,000 $11,925
2017 $488 $14,925 $3,000 $11,925
2016 $591 $13,525 $0 $0
2014 $591 $13,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Landlord's Agent in 2020

    Nathan Gray

    Premier Property Management Gr

    (901) 751-7979

    6 in this area

    46 Total Sales

    Nathan Gray
    Section Image
  • Jason Wallace

    Seller's Agent in 2020

    Jason Wallace

    Keller Williams Realty

    (901) 690-1885

    6 in this area

    383 Total Sales

    Jason Wallace
    Section Image
  • Nicholas Bolding

    Landlord's Co-Listing Agent in 2020

    Nicholas Bolding

    Keller Williams

    (901) 264-9131

    1 in this area

    47 Total Sales

    Nicholas Bolding
    Section Image
  • Laura Wallace

    Seller Co-Listing Agent in 2020

    Laura Wallace

    Keller Williams Realty

    (901) 472-3006

    2 in this area

    158 Total Sales

    Laura Wallace
    Section Image

  • J

    Tenant's Agent in 2020

    Jerry Thornton

    Premier Property Management Gr

    (901) 751-7979

    1 in this area

    8 Total Sales

    Jerry Thornton
    Section Image
  • Scott Housewirth

    Buyer's Agent in 2020

    Scott Housewirth

    Crye-Leike

    (901) 592-7834

    13 in this area

    205 Total Sales

    Scott Housewirth
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10074300

Memphis Area Association of REALTORS®

APN: 07-4056-0-0023

Tennessee Shelby County Memphis 38118 Parkway Village

5098 Colewood Ave, Memphis, TN

This home is located at 5098 Colewood Ave, Memphis, TN 38118 since 07 April 2020 and is currently priced at $141,319. This property was built in 1961. 5098 Colewood Ave is a home located in Shelby County with nearby schools including Evans Elementary School, Wooddale High School, and Cornerstone Prep School.

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