NOT LISTED FOR SALE

521 Sharon Dr Memphis, TN 38122

East Memphis Neighborhood

Estimated Value: $238,000 - $259,000

2 Beds
1 Bath
965 Sq Ft
$255/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $197,500 $205 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,403/month

24 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Corner Lot
  • White Station Middle Rated A-
  • Separate Formal Living Room
  • Home Office

About This Home

As of May 2021

COMPLETE REHAB & REDESIGNED! This gorgeous home is nestled on a large corner lot in High Point Terrace. It has been completely updated throughout featuring new interior/exterior paint, new hardwood parquet floors, new granite countertops in kitchen, new cabinets in kitchen, new showers, new fixtures, and more! ALL APPLIANCES STAY! Kitchen comes equipped w/SS appliances & breakfast bar that opens to the living area. Large laundry room/office area. Storage bldg in partially fenced backyard.

Last Agent to Sell the Property

Mario Jaramillo

REMAX Experts License #357389 Listed on: 04/01/2021

REMAX Experts

Last Buyer's Agent

Greg Renfrow

NextHome Cornerstone Realty License #284917

NextHome Cornerstone Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 68x105
  • Chain Link Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 965 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Sharon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055003 00007

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: HIGH POINT TERRACE
  • List Price Per Sq Ft: 206
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 965
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath, Laundry Room, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Breakfast Bar, Pantry
  • Other Rooms: Laundry Room, Office/Sewing Room
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Chain Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level, Corner, Landscaped, Chain Fenced
  • Lot Number: 7
  • Acreage: 0.16
  • Lot Size: 68X105

Tax Info

  • Assessor Parcel Number: 055003 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 27, 2021
Sold by
Ithaka Holdings Llc
Bought by
Gillard Caroline R
Seller's Agent
Mario Jaramillo
REMAX Experts
Buyer's Agent
Greg Renfrow
NextHome Cornerstone Realty
List Price
$204,900
Sold Price
$197,500
Premium/Discount to List
-$7,400
-3.61%
Current Estimated Value
$246,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,992
Avg. Annual Appreciation
5.01%
Original Mortgage
$187,625
Outstanding Balance
$169,871
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$76,621

Purchase Details

Listed on
Jan 6, 2021
Closed on
Feb 23, 2021
Sold by
Driggers Andrea M
Bought by
Ithaka Holdings Llc
Seller's Agent
Melissa Batdorf
Get Listed
Buyer's Agent
Mario Jaramillo
REMAX Experts
List Price
$139,900
Sold Price
$116,000
Premium/Discount to List
-$23,900
-17.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
526.51%
Original Mortgage
$154,550
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2008
Sold by
Woodruff Helen D
Bought by
Long Andrea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,435
Interest Rate
6.17%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gillard Caroline R $197,500 Southern Trust Title Co
Ithaka Holdings Llc $116,000 Edco Ttl & Closing Svcs Inc
Long Andrea M $72,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillard Caroline R $187,625
Previous Owner Ithaka Holdings Llc $154,550
Previous Owner Long Andrea M $71,435
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2021 05/27/21 Sold $197,500 -0.7% $205 / Sq Ft
04/12/2021 04/12/21 Price Changed $198,900 -2.9% $206 / Sq Ft
04/01/2021 04/01/21 For Sale $204,900 +76.6% $212 / Sq Ft
02/11/2021 02/11/21 Sold $116,000 -17.1% $120 / Sq Ft View Prior Sale
01/17/2021 01/17/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $139,900 -- $145 / 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 $1,283 $60,500 $10,875 $49,625
2024 $1,283 $37,850 $7,250 $30,600
2023 $2,306 $37,850 $7,250 $30,600
2022 $2,306 $37,850 $7,250 $30,600
2021 $1,306 $37,850 $7,250 $30,600
2020 $1,725 $23,800 $7,250 $16,550
2019 $761 $23,800 $7,250 $16,550
2018 $761 $23,800 $7,250 $16,550
2017 $779 $23,800 $7,250 $16,550
2016 $973 $22,275 $0 $0
2014 $973 $22,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mario Jaramillo

    Seller's Agent in 2021

    Mario Jaramillo

    RE/MAX

    (714) 323-0958

    18 in this area

    58 Total Sales

    Mario Jaramillo
    Section Image
  • Melissa Batdorf

    Seller's Agent in 2021

    Melissa Batdorf

    Get Listed

    1 in this area

    31 Total Sales

    Melissa Batdorf
    Section Image
  • Greg Renfrow

    Buyer's Agent in 2021

    Greg Renfrow

    NextHome Cornerstone Realty

    (901) 560-6398

    5 in this area

    80 Total Sales

    Greg Renfrow
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10096338

Memphis Area Association of REALTORS®

APN: 05-5003-0-0007

Tennessee Shelby County Memphis 38122 East Memphis

521 Sharon Dr, Memphis, TN

Not Listed for Sale

Detached

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