NOT LISTED FOR SALE

5238 Gemstone Way Memphis, TN 38109

Whitehaven Neighborhood

Estimated Value: $275,000 - $311,403

3 Beds
2.5 Baths
2,000-2,199 Sq Ft
$134/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $280,000 $127 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,704/month

3 Days on Market

Highlights

  • Updated Kitchen
  • Main Floor Primary Bedroom
  • Separate Formal Living Room
  • Traditional Architecture
  • 2 Fireplaces
  • Corner Lot

About This Home

As of April 2023

Complete renovation just finished. Virtually a new home. Immaculate condition. Turnkey. Ready to move in now. New Flooring and Carpet. New Appliances. Fresh Paint. New plumbing and lighting fixtures. New doors and knobs. Everything is new and fresh. Beautiful Home! Come take a look.

Last Agent to Sell the Property

Corwyn Smith

Harvest Realty License #362720 Listed on: 03/09/2023

Last Buyer's Agent

Venytra Stephens

Keller Williams License #343205

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,748

Year Built

  • Built in 2005

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,130 Sq Ft Home
  • 1.5-Story Property
  • 2 Fireplaces
  • Double Pane Windows
  • Great Room
  • Separate Formal Living Room
  • Keeping Room
  • Updated Kitchen
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Diamond Estates Phase 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075259 C00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,748

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 766B
  • MAAR Subdivision Name: DIAMOND ESTATES PH1
  • List Price Per Sq Ft: 129
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 131.46
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2130
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Carpet, Vinyl Floor
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Great Room, Updated/Renovated Kitchen, Pantry, Washer/Dryer Connections, Keeping/Hearth Room
  • Number Of Fireplaces: 2
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Double Pane Window(s)

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Corner
  • Lot Number: 2
  • Acreage: 0.24
  • Lot Size: 10629 SF 81 X 122
  • Price Per Acre: 1145417

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 075259 C00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Apr 6, 2023
Sold by
Whitaker Real Estate Holdings Gp
Bought by
Logan Bynetta and Logan Cynthia
Seller's Agent
Corwyn Smith
Harvest Realty
Buyer's Agent
Venytra Stephens
Keller Williams
List Price
$274,900
Sold Price
$280,000
Premium/Discount to List
$5,100
1.86%
Views
176
Current Estimated Value
$294,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,851
Avg. Annual Appreciation
2.06%
Original Mortgage
$274,928
Outstanding Balance
$267,467
Interest Rate
6.73%
Mortgage Type
FHA
Estimated Equity
$27,384

Purchase Details

Closed on
Dec 2, 2016
Sold by
Cm and Cm Gp W
Bought by
Whitaker Real Estate Holdings Gp

Purchase Details

Closed on
Sep 4, 2009
Sold by
Whitaker Jack A
Bought by
Cm and Cm Gp W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 19, 2009
Sold by
Dogwood Properties Gp
Bought by
Cm and Cm Gp W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2008
Sold by
Chamberlain & Mccreery Inc
Bought by
Dogwood Properties Llc

Purchase Details

Closed on
Sep 28, 2004
Sold by
Delta Diamond Land Development Llc
Bought by
Chamberlain & Mccreery Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,057,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Logan Bynetta $280,000 None Listed On Document
Whitaker Real Estate Holdings Gp -- None Available
Cm -- None Available
Whitaker Jack A -- None Available
Cm $750,000 None Available
Dogwood Properties Llc -- None Available
Chamberlain & Mccreery Inc $448,500 --
Delta Diamond Land Development Llc $352,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Logan Bynetta $274,928
Previous Owner Cm $750,000
Previous Owner Cm $750,000
Previous Owner Chamberlain & Mccreery Inc $1,057,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold $280,000 +1.9% $140 / Sq Ft
03/12/2023 03/12/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $274,900 -- $137 / 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 $1,748 $89,825 $7,125 $82,700
2024 $1,748 $51,575 $6,300 $45,275
2023 $3,142 $51,575 $6,300 $45,275
2022 $3,142 $51,575 $6,300 $45,275
2021 $3,179 $51,575 $6,300 $45,275
2020 $2,670 $36,850 $5,700 $31,150
2019 $2,670 $36,850 $5,700 $31,150
2018 $2,670 $36,850 $5,700 $31,150
2017 $1,515 $36,850 $5,700 $31,150
2016 $1,556 $35,600 $0 $0
2014 $1,556 $35,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Corwyn Smith

    Harvest Realty

    Section Image
  • Venytra Stephens

    Buyer's Agent in 2023

    Venytra Stephens

    Keller Williams

    (901) 672-2128

    7 in this area

    103 Total Sales

    Venytra Stephens
    Section Image
  • James Harvey Jr

    Buyer Co-Listing Agent in 2023

    James Harvey Jr

    Keller Williams

    (901) 229-0566

    14 in this area

    238 Total Sales

    James Harvey Jr
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10143428

Memphis Area Association of REALTORS®

APN: 07-5259-C0-0002

Tennessee Shelby County Memphis 38109 Whitehaven

5238 Gemstone Way, Memphis, TN

This home is located at 5238 Gemstone Way, Memphis, TN 38109 since 09 March 2023 and is currently estimated at $294,851, approximately $134 per square foot. This property was built in 2005. 5238 Gemstone Way is a home located in Shelby County with nearby schools including Geeter School, Freedom Preparatory Academy Westwood Elementary at Parkrose, and Freedom Preparatory Academy Charter Elementary School - Westwood Campus.

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