NOT LISTED FOR SALE

5245 Cole Rd Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $969,238

4 Beds
4.5 Baths
1,852 Sq Ft
$523/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2023

Last sale price $1,000,000 $540 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,648 / mo

Highlights

  • Traditional Architecture
  • Wood Flooring
  • High Ceiling
  • White Station High Rated A
  • 2 Fireplaces
  • No HOA

About This Home

As of June 2023

Elegant one owner, open concept home situated on a fabulous lot with a large backyard. Only 10 years old and built with steel beams, this 4 br/4.5 bath home has many appealing features including a large den w/ wood beams, a separate living room, and dining room. Bonus area up. Primary bedroom opens up to a cozy screened-in porch that immediately makes you feel at home. Huge yard for kids to play securely behind an electric gate. Tons of parking. New tankless HWH. Meticulously maintained.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,219

Year Built

  • Built in 2012

Lot Details

  • 22,216 Sq Ft Lot
  • Lot Dimensions are 169x202
  • Irrigation

Parking

  • 3 Car Garage
  • Parking Pad
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Central Vacuum
  • High Ceiling
  • 2 Fireplaces
  • Security Gate

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity

Outdoor Features

  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Westview Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 068033 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,219

Year Built

Built in 2012

Lot Details

0.51 Acres

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2012
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Central Vacuum, Walk-In Closet(s), High Ceilings
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Double Oven, Gas Range, Gas Oven
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Wood
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Other Equipment: Irrigation System

Exterior Features

  • Exterior Features: Gas Grill
  • Foundation Details: Slab
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Faces Side, Parking Pad
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Security Gate
  • Utilities: Water Available, Cable Connected

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.51
  • Lot Size: 169X202
  • Lot Size Units: Acres
  • Parcel #: 068033 00001
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 10219
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jun 27, 2023
Sold by
Roberts Stanford
Bought by
Boals Chris and Boals Melissa
List Price
$997,500
Sold Price
$1,000,000
Premium/Discount to List
$2,500
0.25%
Current Estimated Value
$969,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,762
Avg. Annual Appreciation
-1.08%
Original Mortgage
$650,000
Outstanding Balance
$629,279
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$339,959

Purchase Details

Closed on
Mar 14, 2013
Sold by
Hyneman Caresse
Bought by
New Era Builders Llc

Purchase Details

Listed on
Nov 2, 2011
Closed on
Jan 4, 2012
Sold by
King Stephen R
Bought by
Roberts Stanford
Seller's Agent
Thomas Henze
Hobson, REALTORS
Buyer's Agent
Herbo Humphreys
Keller Williams
List Price
$165,000
Sold Price
$115,000
Premium/Discount to List
-$50,000
-30.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.00%

Purchase Details

Closed on
Jun 6, 2011
Sold by
Fulgham Barbara K
Bought by
King Stephen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.79%
Mortgage Type
New Conventional
Source: Public Records
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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
Boals Chris $1,000,000 Delta Title Services
Boals Chris -- Delta Title Services
New Era Builders Llc -- None Available
Roberts Stanford $115,000 Home Surety Title & Escrow L
King Stephen R $125,000 Home Surety Title & Escrow L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boals Chris $650,000
Previous Owner King Stephen R $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2023 06/27/23 Sold $1,000,000 +0.3% $540 / Sq Ft
05/25/2023 05/25/23 For Sale $997,500 +767.4% $539 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
01/05/2012 01/05/12 Sold $115,000 -30.3% $62 / Sq Ft View Prior Sale
12/30/2011 12/30/11 Pending -- -- --
11/02/2011 11/02/11 For Sale $165,000 -- $89 / Sq Ft
Source: Realtracs

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 $5,687 $221,700 $49,775 $171,925
2024 $5,687 $167,750 $38,250 $129,500
2023 $10,219 $167,750 $38,250 $129,500
2022 $10,219 $167,750 $38,250 $129,500
2021 $10,339 $167,750 $38,250 $129,500
2020 $11,079 $152,900 $38,250 $114,650
2019 $11,079 $152,900 $38,250 $114,650
2018 $11,079 $152,900 $38,250 $114,650
2017 $6,284 $152,900 $38,250 $114,650
2016 $5,965 $136,500 $0 $0
2014 $5,965 $136,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Henze

    Seller's Agent in 2012

    Thomas Henze

    Hobson, REALTORS

    (901) 833-8419

    9 in this area

    44 Total Sales

    Thomas Henze
    Section Image

  • H

    Buyer's Agent in 2012

    Herbo Humphreys

    Keller Williams

See All Agents

Map

Source: Realtracs

MLS Number: 3160739

Realtracs

APN: 06-8033-0-0001

Tennessee Shelby County Memphis 38117 East Memphis

5245 Cole Rd, Memphis, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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