NOT LISTED FOR SALE

5186 Drexel Ave Memphis, TN 38135

Estimated Value: $172,000 - $214,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$103/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $56,725 $32 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $1,210/month

309 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Some Wood Windows
  • Dining Room
  • Wall to Wall Carpet

About This Home

As of January 2017

Calling all investors!! Rented for $950.00. Occupied by tenants. DON NOT DISTURB TENANTS. Can be purchased in a 4 property bulk sale.

Last Listed By

Christy Utterback

BHHS McLemore & Co., Realty License #264835 Listed on: 02/15/2016

BHHS McLemore & Co., Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 0.27 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,633 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Living Room with Fireplace
  • Dining Room
  • Wall to Wall Carpet
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Vista Hgts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087011 00044

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 733B
  • MAAR Subdivision Name: VISTA HEIGHTS
  • List Price Per Sq Ft: 47
  • Number Of Stories: 1
  • Price Per Sq Ft: 34.74
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1633
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Living Room
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Pantry
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Exterior Windows: 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: 12
  • Acreage: 0.27
  • Lot Size: 83.09/100 X 144.01/91.90
  • Price Per Acre: 287037

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 087011 00044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
Feb 24, 2017
Sold by
Jbj Properties Llc
Bought by
Lotus Assaram Llc
Seller's Agent
Christy Utterback
BHHS McLemore & Co., Realty
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$77,500
Sold Price
$56,725
Premium/Discount to List
-$20,775
-26.81%
Total Days on Market
309
Current Estimated Value
$185,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,636
Avg. Annual Appreciation
13.68%
Original Mortgage
$54,700
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 15, 2016
Closed on
Jan 13, 2017
Sold by
Brunira Tiago P and Brunira Whitney L
Bought by
Jbj Properties Llc
Seller's Agent
Christy Utterback
BHHS McLemore & Co., Realty
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$77,500
Sold Price
$56,725
Premium/Discount to List
-$20,775
-26.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,700
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2008
Sold by
H & J Properties Llc
Bought by
Bruniera Tiago

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
5.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 2, 2008
Sold by
Hsbc Bank Usa
Bought by
H & J Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,735
Interest Rate
6.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 3, 2008
Sold by
Miers Shondra Bruce and Miers Timothy
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
Feb 25, 2004
Sold by
Jackson Angelia M
Bought by
Miers Timothy and Miers Shondra Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,500
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

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
Lotus Assaram Llc $99,500 Delta Title Services Llc
Jbj Properties Llc $226,900 None Available
Bruniera Tiago $56,900 None Available
H & J Properties $46,000 None Available
Hsbc Bank Usa $85,289 None Available
Miers Timothy $96,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jbj Properties Llc $54,700
Previous Owner Bruniera Tiago Poleselli $78,750
Previous Owner Bruniera Tiago $72,735
Previous Owner Miers Timothy $96,500
Previous Owner Jackson Angelia M $71,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2017 01/13/17 Sold $56,725 -26.8% $35 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $77,500 -- $48 / 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
2024 -- $33,800 $3,875 $29,925
2023 $2,059 $33,800 $3,875 $29,925
2022 $2,059 $33,800 $3,875 $29,925
2021 $2,083 $33,800 $3,875 $29,925
2020 $1,594 $22,000 $3,875 $18,125
2019 $1,594 $22,000 $3,875 $18,125
2018 $1,594 $22,000 $3,875 $18,125
2017 $904 $22,000 $3,875 $18,125
2016 $910 $20,825 $0 $0
2014 $910 $20,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9970599

Memphis Area Association of REALTORS®

APN: 08-7011-0-0044