NOT LISTED FOR SALE

5136 Christopher Ave Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $138,000 - $165,000

3 Beds
2 Baths
1,732 Sq Ft
$86/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $33,300 $19 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $845/month

40 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Den with Fireplace
  • Wood Flooring
  • Corner Lot
  • Some Wood Windows

About This Home

As of February 2019

THIS IS AN 'AS IS' SALE AND SELLER WILL NOT MAKE REPAIRS OR CONNECT UTILITIES FOR ANY INSPECTIONS. THE SBJ WILL NOT QUALIFY FOR STANDARD FHA LENDING. THE SELLER IS LOOKING PREFERABLY FOR CASH OFFER WITH NO CONTINGENCIES. THE SUBJECT NEEDS INTERIOR AND EXTERIOR REPAIRS.

Last Agent to Sell the Property

Tony Sansone

The Carter Group LLC, REALTORS License #281921 Listed on: 12/19/2018

Last Buyer's Agent

Frank Malvezzi

CB Properties of Memphis, LLC License #264358

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 8,712 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Corner Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,732 Sq Ft Home
  • 2-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Iron Doors
  • Eat-In Kitchen

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Parkway Village Blk E Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 074051 00019

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: PARKWAY VILLAGE BLK E
  • Corporate Own: Yes
  • List Price Per Sq Ft: 18
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1732
  • Year Built: 1960
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, 1 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Full Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 2, Hardwood Floor
  • Bedroom 3 Description: Level 2, Hardwood Floor
  • Bedrooms: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • P R I M A R Y B E D R O O M: Level 2, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Wood Fence, Chain Fence
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Corner, Wood Fenced
  • Lot Number: 803
  • Acreage: 0.2
  • Lot Size: 0.20

Tax Info

  • Assessor Parcel Number: 074051 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2019
Sold by
Memphis Turnkey Properties
Bought by
Palmer Richard Aaron
Current Estimated Value
$148,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,120
Outstanding Balance
$69,276
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$79,424

Purchase Details

Listed on
Dec 19, 2018
Closed on
Feb 7, 2019
Sold by
The Bank Of New York Mellon
Bought by
Memphis Turkey Properties Gp
Seller's Agent
Tony Sansone
The Carter Group LLC, REALTORS
Buyer's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
List Price
$30,400
Sold Price
$33,300
Premium/Discount to List
$2,900
9.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.10%
Original Mortgage
$75,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2018
Sold by
Williams Darryl and Williams Peggy A
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Oct 15, 1997
Sold by
Shoemake Marvin W and Shoemake Sherri Renae
Bought by
Williams Darryl and Williams Peggy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
10.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Palmer Richard Aaron $98,900 Saddle Creek Title Llc
Memphis Turkey Properties Gp $33,300 Servicelink Llc
The Bank Of New York Mellon $54,320 None Available
Williams Darryl $91,000 Security Title Company Inc
Williams Darryl $91,000 Security Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Richard Aaron $79,120
Previous Owner Memphis Turkey Properties Gp $75,000
Previous Owner Williams Darryl $72,800
Closed Williams Darryl $13,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2019 02/22/19 Sold $33,300 +9.5% $19 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
12/19/2018 12/19/18 For Sale $30,400 -- $18 / 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 $875 $39,600 $4,200 $35,400
2024 $875 $25,825 $3,000 $22,825
2023 $1,573 $25,825 $3,000 $22,825
2022 $1,573 $25,825 $3,000 $22,825
2021 $1,592 $25,825 $3,000 $22,825
2020 $1,011 $13,950 $3,000 $10,950
2019 $446 $13,950 $3,000 $10,950
2018 $446 $13,950 $3,000 $10,950
2017 $456 $13,950 $3,000 $10,950
2016 $775 $17,725 $0 $0
2014 $775 $17,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tony Sansone

    The Carter Group LLC, REALTORS

    Section Image

  • F

    Buyer's Agent in 2019

    Frank Malvezzi

    CB Properties of Memphis, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10042800

Memphis Area Association of REALTORS®

APN: 07-4051-0-0019

Tennessee Shelby County Memphis 38118 Parkway Village

5136 Christopher Ave, Memphis, TN

Not Listed for Sale

Detached

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