NOT LISTED FOR SALE

516 Gerald Rd Memphis, TN 38122

East Memphis Neighborhood

Estimated Value: $194,000 - $252,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$141/Sq Ft Est. Value

Last Sold February 14, 2012

Last sale price $75,000 $47 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $1,287/month

162 Days on Market

Highlights

  • Den with Fireplace
  • Traditional Architecture
  • Separate Formal Living Room
  • White Station Middle Rated A-
  • Wood Flooring
  • Great Room

About This Home

As of February 2012

High Point Terrace Charming 3BR, 2BA, 1540' per appraisal, sep. LR, DR & Den, decorative FP! MBR walk-in closet, laundry rm, hardwood floors, 1-car attached garage, storm closet, close to Greenline walking trail! Call today - won't last at this price!

Last Agent to Sell the Property

Lou Jones

McWaters & Associates License #233042 Listed on: 08/11/2011

Last Buyer's Agent

Lisa Dattel

Dattel Realty Company License #221251

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 8,712 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,540 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Window Treatments
  • Aluminum Window Frames
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Cove
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Stephen First Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055027 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
  • Cross Street: ALLISON
  • MAAR Subdivision Name: HIGH POINT TERRACE
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1540
  • Year Built: 1960
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, Sprayed Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Cat/Dog Free House, Security System, Smoke Detector(s)
  • Other Rooms: Laundry Room
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Aluminum Window(s), Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central, Window Unit(s), Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Cove, Landscaped, Wood Fenced, Chain Fenced
  • Lot Number: 60
  • Acreage: 0.2
  • Lot Size: .20 Acre

Tax Info

  • Assessor Parcel Number: 055027 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2011
Closed on
Feb 14, 2012
Sold by
White Lanelle H
Bought by
Dattel Rosemarie Justus and The Rosemariejustus Dattel Revocable Liv
Seller's Agent
Lou Jones
McWaters & Associates
Buyer's Agent
Lisa Dattel
Dattel Realty Company
List Price
$106,900
Sold Price
$75,000
Premium/Discount to List
-$31,900
-29.84%
Current Estimated Value
$225,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,603
Avg. Annual Appreciation
8.26%

Purchase Details

Closed on
Apr 30, 2004
Sold by
White Lanelle H and White Robert H
Bought by
White Lanelle H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,886
Interest Rate
5.77%
Mortgage Type
New Conventional
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
Dattel Rosemarie Justus $75,000 None Available
White Lanelle H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Lanelle H $60,886
Closed White Lanelle H $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2012 02/14/12 Sold $75,000 -29.8% $54 / Sq Ft
01/20/2012 01/20/12 Pending -- -- --
08/11/2011 08/11/11 For Sale $106,900 -- $76 / 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 $1,259 $50,575 $10,875 $39,700
2024 $1,259 $37,150 $7,250 $29,900
2023 $2,263 $37,150 $7,250 $29,900
2022 $2,263 $37,150 $7,250 $29,900
2021 $2,989 $48,500 $7,250 $41,250
2020 $1,868 $25,775 $6,450 $19,325
2019 $1,868 $25,775 $6,450 $19,325
2018 $1,868 $25,775 $6,450 $19,325
2017 $1,059 $25,775 $6,450 $19,325
2016 $819 $18,750 $0 $0
2014 $819 $18,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lou Jones

    McWaters & Associates

    (901) 233-4353

    7 Total Sales

    Lou Jones
    Section Image

  • L

    Buyer's Agent in 2012

    Lisa Dattel

    Dattel Realty Company

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3230107

Memphis Area Association of REALTORS®

APN: 05-5027-0-0019

Tennessee Shelby County Memphis 38122 East Memphis

516 Gerald Rd, Memphis, TN

Not Listed for Sale

Detached

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