NOT LISTED FOR SALE

Estimated Value: $133,000 - $173,000

3 Beds
1 Bath
100-999 Sq Ft
$145/Sq Ft Est. Value

Last Sold January 28, 2013

Last sale price $58,500 $59 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $829/month

117 Days on Market

Highlights

  • Sauna
  • Wooded Lot
  • Separate Formal Living Room
  • White Station Middle Rated A-
  • Traditional Architecture
  • Corner Lot

About This Home

As of January 2013

This home is located at 513 Eastern Dr, Memphis, TN 38122 since 15 August 2012 and is currently estimated at $145,276, approximately $1,452 per square foot. This property was built in 1947. 513 Eastern 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

Henry Booth

Omni, REALTORS License #50376 Listed on: 08/15/2012

Co-Listed By

Doug Conner

Crye-Leike, Inc., REALTORS License #324341

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Doug Conner

Crye-Leike, Inc., REALTORS License #324341

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 0.41 Acre Lot
  • Corner Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 888 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Sauna
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Floor Furnace
  • Electric Water Heater

Community Details

  • Jer Del Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055029 00019C

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MAAR Subdivision Name: HIGH POINT TERRACE
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 888
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room

Exterior Features

  • Misc Exterior: Storage Building, Porch, Sauna
  • Exterior Windows: Vinyl Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central, Floor Furnace
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Wooded, Corner
  • Lot Number: 69 & 70
  • Acreage: 0.41
  • Lot Size: 70 X 170 IRR

Tax Info

  • Assessor Parcel Number: 055029 00019C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2012
Closed on
Jan 28, 2013
Sold by
Wilkes Larry G and Wilkes Sherry
Bought by
Meacham Christine C
Seller's Agent
Henry Booth
Omni, REALTORS
Buyer's Agent
Doug Conner
Crye-Leike, Inc., REALTORS
List Price
$53,000
Sold Price
$58,500
Premium/Discount to List
$5,500
10.38%
Current Estimated Value
$144,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,935
Avg. Annual Appreciation
7.27%
Original Mortgage
$5,743
Outstanding Balance
$4,011
Interest Rate
3.39%
Mortgage Type
FHA
Estimated Equity
$141,265

Purchase Details

Closed on
May 4, 2012
Sold by
Wilkes Sharon Lanelle
Bought by
Wilkes Larry G and Wilkes Sherry

Purchase Details

Closed on
Nov 9, 2011
Sold by
Wilkes Wilson T
Bought by
Wilkes Wilson T and Wilkes Sharon Lanelle
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
Meacham Christine C $58,500 Fidelity Title And Escrow In
Wilkes Larry G -- None Available
Wilkes Wilson T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meacham Christine C $5,743
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2013 01/28/13 Sold $58,500 +10.4% $585 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
08/15/2012 08/15/12 For Sale $53,000 -- $530 / 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 $874 $32,375 $7,575 $24,800
2024 $874 $25,775 $7,575 $18,200
2023 $1,570 $25,775 $7,575 $18,200
2022 $1,570 $25,775 $7,575 $18,200
2021 $1,589 $25,775 $7,575 $18,200
2020 $897 $12,375 $1,425 $10,950
2019 $897 $12,375 $1,425 $10,950
2018 $897 $12,375 $1,425 $10,950
2017 $509 $12,375 $1,425 $10,950
2016 $599 $13,700 $0 $0
2014 $599 $13,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3254372

Memphis Area Association of REALTORS®

APN: 05-5029-0-0019C