NOT LISTED FOR SALE

5200 Drexel Ave Memphis, TN 38135

Estimated Value: $144,000 - $209,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$124/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $75,000 $54 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,057/month

1 Day on Market

Highlights

  • Den with Fireplace
  • Eat-In Kitchen
  • Storage Room
  • 2 Car Attached Garage
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of January 2019

Estate being offered AS IS. This home will not go FHA or VA. There is some deferred maintenance. 3 beds 2 baths, LR, DR, DEN, Laundry room at carport entrance, and Large Back Yard, which has a wood fence on 3 sides, and fence posts on the 4th.

Last Listed By

Emma Wilson

McWaters & Associates License #322288 Listed on: 01/11/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,035

Year Built

  • Built in 1970

Lot Details

  • 10,019 Sq Ft Lot
  • Wood Fence

Home Design

  • Slab Foundation

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,307 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Combination Dining and Living Room
  • Den with Fireplace
  • Storage Room
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Carport

Utilities

  • Central Heating and Cooling System

Community Details

  • Vista Hgts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087011 00042

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,035

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 733B
  • MAAR Subdivision Name: VISTA HEIGHTS
  • List Price Per Sq Ft: 57
  • Number Of Stories: 1
  • Price Per Sq Ft: 57.38
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1307
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Shared Bath
  • Bedroom 3 Description: Level 1, Shared Bath
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Den, LR/DR Combination, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Full Bath

Exterior Features

  • Misc Exterior: Wood Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Wood Fenced
  • Lot Number: 14
  • Acreage: 0.23
  • Lot Size: 70/109.60 X 147.83/179.35
  • Price Per Acre: 326087

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 087011 00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2019
Sold by
I2l Llc
Bought by
Mifsud George C and Viggiano Lawrence
Total Days on Market
1
Current Estimated Value
$173,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,750
Outstanding Balance
$75,710
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$83,133

Purchase Details

Listed on
Jan 11, 2019
Closed on
Jan 25, 2019
Sold by
Roberts Reid E and Roberts Christy
Bought by
I2l Llc
Seller's Agent
Emma Wilson
McWaters & Associates
Buyer's Agent
Whit Simmons
Enterprise, REALTORS
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.54%
Original Mortgage
$90,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 11, 2019
Closed on
Jan 9, 2019
Sold by
Roberts Dean B
Bought by
Roberts Reid E
Seller's Agent
Emma Wilson
McWaters & Associates
Buyer's Agent
Whit Simmons
Enterprise, REALTORS
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.6%
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
Mifsud George C $113,000 Close Trak Closing & Ttl Svc
I2l Llc $75,000 Close Trak Closing & Title S
Roberts Reid E -- Edco Title & Closing Svcs In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mifsud George C $84,750
Previous Owner I2l Llc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2019 01/25/19 Sold $75,000 0.0% $63 / Sq Ft
01/12/2019 01/12/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $75,000 -- $63 / 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 $1,035 $30,525 $3,875 $26,650
2023 $1,859 $30,525 $3,875 $26,650
2022 $1,859 $30,525 $3,875 $26,650
2021 $1,053 $30,525 $3,875 $26,650
2020 $1,415 $19,525 $3,875 $15,650
2019 $624 $19,525 $3,875 $15,650
2018 $624 $19,525 $3,875 $15,650
2017 $639 $19,525 $3,875 $15,650
2016 $810 $18,525 $0 $0
2014 $810 $18,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10043719

Memphis Area Association of REALTORS®

APN: 08-7011-0-0042