NOT LISTED FOR SALE

5140 Canton Dr Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $145,000 - $175,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$102/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $149,500 $93 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $980/month

Highlights

  • Updated Kitchen
  • Den
  • Central Heating and Cooling System
  • Traditional Architecture
  • Some Wood Windows
  • Level Lot

About This Home

As of February 2023

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $1,195 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: 11/29/2022

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,093

Year Built

  • Built in 1959

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80x135
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,480 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Laminate Flooring
  • Iron Doors
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Whitehaven View 2Nd Addn Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 079108 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,093

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 768D
  • MAAR Subdivision Name: WHITEHAVEN VIEW 2ND ADD
  • List Price Per Sq Ft: 102
  • Number Of Stories: 1
  • Price Per Sq Ft: 101.01
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1480
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

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

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 24
  • Acreage: 0.24
  • Lot Size: 80X135
  • Price Per Acre: 631250

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 079108 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Feb 27, 2023
Sold by
Memphis Investment Properties Iii Llc
Bought by
Daruwalla Liv Catherine Ll
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$151,500
Sold Price
$149,500
Premium/Discount to List
-$2,000
-1.32%
Views
64
Current Estimated Value
$163,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,102
Avg. Annual Appreciation
5.12%
Original Mortgage
$112,125
Outstanding Balance
$108,993
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$60,454

Purchase Details

Closed on
Nov 7, 2022
Sold by
Bowman Jo Ann
Bought by
Memphis Investment 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
$95,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2003
Sold by
Hampton Mary W
Bought by
Bowman Joann H
Source: Public Records

Range of Values:

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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
Daruwalla Liv Catherine Ll $149,500 Delta Title Services
Memphis Investment Properties Iii Llc $60,000 --
Bowman Joann H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daruwalla Liv Catherine Ll $112,125
Previous Owner Memphis Investment Properties Iii Llc $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $149,500 -1.3% $107 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $151,500 -- $108 / 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 $1,093 $46,825 $3,675 $43,150
2024 $1,093 $32,250 $2,975 $29,275
2023 $1,965 $32,250 $2,975 $29,275
2022 $1,368 $22,450 $2,975 $19,475
2021 $609 $22,450 $2,975 $19,475
2020 $529 $16,550 $2,975 $13,575
2019 $529 $16,550 $2,975 $13,575
2018 $529 $16,550 $2,975 $13,575
2017 $541 $16,550 $2,975 $13,575
2016 $705 $16,125 $0 $0
2014 $705 $16,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2023

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    43 in this area

    424 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2023

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    45 in this area

    441 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10138383

Memphis Area Association of REALTORS®

APN: 07-9108-0-0011

Tennessee Shelby County Memphis 38116 Whitehaven

5140 Canton Dr, Memphis, TN

This home is located at 5140 Canton Dr, Memphis, TN 38116 since 29 November 2022 and is currently estimated at $163,602, approximately $102 per square foot. This property was built in 1959. 5140 Canton Dr 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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