NOT LISTED FOR SALE

5118 Cresser St Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $123,000 - $160,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$100/Sq Ft Est. Value

Last Sold January 25, 2017

Last sale price $68,000 $49 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $797/month

Highlights

  • Traditional Architecture
  • Den
  • Central Heating and Cooling System
  • Wood Flooring
  • Storage Room
  • Combination Dining and Living Room

About This Home

As of January 2017

Charming starter home. Newly refinished hardwood floors. New countertops in kitchen. Smooth cooktop stove and microwave vent hood. Newly painted interior and exterior, new roof. This home has a fenced backyard! Tucked away on a cozy street, this home offers charm with bookshelves, a formal dining room, separate den, a covered carport, unique character and 3 bedrooms. Great starter home.

Last Agent to Sell the Property

Mara Cathey

eXp Realty, LLC License #317973 Listed on: 03/17/2016

eXp Realty, LLC

Last Buyer's Agent

John Amaefula

REMAX Experts License #272750

REMAX Experts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $742

Year Built

  • Built in 1961

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 155
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,350 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Combination Dining and Living Room
  • Den
  • Storage Room

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Whitehaven View 2Nd Addn Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 079107 00030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$742

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WHITEHAVEN VIEW 2ND ADD
  • List Price Per Sq Ft: 53
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1350
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile, Vinyl Floor, Smooth Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Den, LR/DR Combination
  • P R I M A R Y B E D R O O M: Smooth Ceiling

Exterior Features

  • Misc Exterior: Chain Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level, Chain Fenced
  • Lot Number: 51
  • Acreage: 0.26
  • Lot Size: 75 X 155

Tax Info

  • Assessor Parcel Number: 079107 00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2016
Closed on
Jan 25, 2017
Sold by
Austin Michael J and Austin Mary R
Bought by
Johnson Jacquelin K
Seller's Agent
Mara Cathey
eXp Realty, LLC
Buyer's Agent
John Amaefula
REMAX Experts
List Price
$68,888
Sold Price
$68,000
Premium/Discount to List
-$888
-1.29%
Current Estimated Value
$140,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,103
Avg. Annual Appreciation
8.60%
Original Mortgage
$66,768
Outstanding Balance
$54,571
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$85,532

Purchase Details

Closed on
Mar 10, 2016
Sold by
Dickson Mary Louise Haney
Bought by
Austin Michael J and Austin Mary R
Source: Public Records

Range of Values:

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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
Johnson Jacquelin K $60,000 Baymark Title
Austin Michael J $35,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Jacquelin K $66,768
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2017 01/25/17 Sold $68,000 -1.3% $57 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $68,888 -- $57 / 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 $742 $28,225 $3,725 $24,500
2024 $742 $21,875 $3,025 $18,850
2023 $1,333 $21,875 $3,025 $18,850
2022 $1,333 $21,875 $3,025 $18,850
2021 $1,348 $21,875 $3,025 $18,850
2020 $1,121 $15,475 $3,025 $12,450
2019 $1,121 $15,475 $3,025 $12,450
2018 $1,121 $15,475 $3,025 $12,450
2017 $636 $15,475 $3,025 $12,450
2016 $654 $14,975 $0 $0
2014 $654 $14,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mara Cathey

    eXp Realty, LLC

    Section Image
  • John Amaefula

    Buyer's Agent in 2017

    John Amaefula

    RE/MAX

    (901) 649-4924

    5 in this area

    27 Total Sales

    John Amaefula
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9972880

Memphis Area Association of REALTORS®

APN: 07-9107-0-0030

Tennessee Shelby County Memphis 38116 Whitehaven

5118 Cresser St, Memphis, TN

This home is located at 5118 Cresser St, Memphis, TN 38116 since 17 March 2016 and is currently estimated at $140,103, approximately $100 per square foot. This property was built in 1961. 5118 Cresser St is a home located in Shelby County with nearby schools including Whitehaven Elementary STEM School, Havenview Middle School, and Whitehaven High School.

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