NOT LISTED FOR SALE

5245 Gemstone Way Memphis, TN 38109

Whitehaven Neighborhood

Estimated Value: $255,000 - $264,000

3 Beds
2 Baths
2,000-2,199 Sq Ft
$118/Sq Ft Est. Value

Last Sold August 26, 2015

Last sale price $123,000 $56 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,503/month

Highlights

  • Sitting Area In Primary Bedroom
  • Vaulted Ceiling
  • Wood Flooring
  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of August 2015

Well priced opportunity on this showstopper in Diamond Estates! Situated on a large, level lot ~ all brick exterior w/add'l parking pad on S side & brick lined beds @ front ~ Great Rm w/FP & high ceilings ~ vaulted Dining Rm ~ Master suite w/Lux Ba & sitting area w/FP + 2 bedrooms + 1 Ba down ~ Bonus or 4th bedroom up! Be quick, we have priced it right!

Last Agent to Sell the Property

Jeff Burress

Crye-Leike, Inc., REALTORS License #277030 Listed on: 06/12/2015

Crye-Leike, Inc., REALTORS

Co-Listed By

Kim Hairrell

Crye-Leike Inc., REALTORS License #249103

Last Buyer's Agent

Tommy Davis

BEST Real Estate Company License #279002

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,544

Year Built

  • Built in 1999

Lot Details

  • 10,019 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,147 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Some Wood Windows
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Bonus Room
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Diamond Estates Phase 1 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 075259 C00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,544

Year Built

Built in 1999

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: 56
  • Number Of Stories: 1
  • Price Per Sq Ft: 57.29
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2147
  • Year Built: 1999
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: Bonus Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room, In Primary Bedroom
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry
  • Misc Interior: Walk-In Closet(s), Attic Access, Walk-In Attic, Rear Stairs to Playroom
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Fireplace, Sitting Area, Vaulted/Coffered Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

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

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Landscaped, Wood Fenced
  • Lot Number: 22
  • Acreage: 0.23
  • Lot Size: 10060 SF 82 X 125
  • Price Per Acre: 521304

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 075259 C00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2015
Closed on
Jul 26, 2015
Sold by
Us Bank Trust Na
Bought by
Mcmillan Ronnie J
Seller's Agent
Jeff Burress
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tommy Davis
BEST Real Estate Company
List Price
$119,900
Sold Price
$123,000
Premium/Discount to List
$3,100
2.59%
Current Estimated Value
$259,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,928
Avg. Annual Appreciation
7.64%
Original Mortgage
$123,000
Outstanding Balance
$97,164
Interest Rate
4.16%
Mortgage Type
VA
Estimated Equity
$162,764

Purchase Details

Closed on
Mar 11, 2015
Sold by
Brown Hayward and Brown Teresa A
Bought by
U S Bank Trust Na and Lsf9 Master Participation Trust

Purchase Details

Closed on
Jun 4, 1999
Sold by
Martin Homes Inc
Bought by
Brown Hayward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,322
Interest Rate
6.94%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Mcmillan Ronnie J $123,000 Attorney
U S Bank Trust Na $111,702 None Available
Brown Hayward $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmillan Ronnie J $123,000
Previous Owner Brown Hayward $155,322
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2015 08/26/15 Sold $123,000 +2.6% $62 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $119,900 -- $60 / 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 $1,544 $63,325 $7,125 $56,200
2024 $1,544 $45,550 $6,300 $39,250
2023 $2,775 $45,550 $6,300 $39,250
2022 $2,775 $45,550 $6,300 $39,250
2021 $2,807 $45,550 $6,300 $39,250
2020 $2,357 $32,525 $5,700 $26,825
2019 $2,357 $32,525 $5,700 $26,825
2018 $2,357 $32,525 $5,700 $26,825
2017 $1,337 $32,525 $5,700 $26,825
2016 $1,377 $31,500 $0 $0
2014 $1,377 $31,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Burress

    Seller's Agent in 2015

    Jeff Burress

    Crye-Leike

    (901) 493-0973

    6 Total Sales

    Jeff Burress
    Section Image
  • Kim Hairrell

    Seller Co-Listing Agent in 2015

    Kim Hairrell

    Crye-Leike

    (901) 644-3535

    9 in this area

    186 Total Sales

    Kim Hairrell
    Section Image
  • Tommy Davis

    Buyer's Agent in 2015

    Tommy Davis

    BEST Real Estate Company

    (901) 643-4610

    3 Total Sales

    Tommy Davis
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9954401

Memphis Area Association of REALTORS®

APN: 07-5259-C0-0022

Tennessee Shelby County Memphis 38109 Whitehaven

5245 Gemstone Way, Memphis, TN

This home is located at 5245 Gemstone Way, Memphis, TN 38109 since 12 June 2015 and is currently estimated at $259,928, approximately $118 per square foot. This property was built in 1999. 5245 Gemstone Way is a home located in Shelby County with nearby schools including Geeter School, Freedom Preparatory Academy Charter Elementary School - Westwood Campus, and Freedom Preparatory Academy Westwood Elementary at Parkrose.

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