NOT LISTED FOR SALE

5104 Corkwood Dr Memphis, TN 38127

Estimated Value: $112,000 - $138,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$85/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $89,900 $64 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $685/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Contemporary Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of May 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $750 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 03/31/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 67x89
  • Level Lot

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,212 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Cedarwood Sec C Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0134 S00042

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Contemporary
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: CEDARWOOD SEC C
  • List Price Per Sq Ft: 74
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1212
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Master Bedroom: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 131
  • Acreage: 0.13
  • Lot Size: 67X89

Tax Info

  • Assessor Parcel Number: D0134 S00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 14, 2021
Sold by
Memphis Investment Properties Iii Llc
Bought by
Chiu Kevin
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$119,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,581
Avg. Annual Appreciation
6.44%
Original Mortgage
$71,920
Outstanding Balance
$65,177
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$54,304

Purchase Details

Closed on
Mar 11, 2021
Sold by
Williams Atto and Williams Gwendolyn
Bought by
Memphis Investments Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 1999
Sold by
Phillips Samuel E
Bought by
Williams Atto and Williams Gwendolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,930
Interest Rate
7.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 1994
Bought by
Phillips Samuel E
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
Chiu Kevin $89,900 Delta Title Services Llc
Memphis Investments Properties Iii Llc $43,000 Delta Title Services Llc
Williams Atto $56,000 --
Phillips Samuel E $42,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiu Kevin $71,920
Previous Owner Memphis Investments Properties Iii Llc $68,000
Previous Owner Williams Atto $55,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 Sold $89,900 0.0% $75 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $89,900 -- $75 / 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 $673 $32,575 $2,000 $30,575
2024 $673 $19,850 $1,475 $18,375
2023 $673 $19,850 $1,475 $18,375
2022 $673 $19,850 $1,475 $18,375
2021 $444 $12,875 $1,475 $11,400
2020 $352 $8,700 $1,475 $7,225
2019 $352 $8,700 $1,475 $7,225
2018 $352 $8,700 $1,475 $7,225
2017 $358 $8,700 $1,475 $7,225
2016 $427 $9,775 $0 $0
2014 $427 $9,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2021

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    362 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2021

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    378 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10096481

Memphis Area Association of REALTORS®

APN: D0-134-S-00042

Tennessee Shelby County Memphis 38127

5104 Corkwood Dr, Memphis, TN

Not Listed for Sale

Detached

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