NOT LISTED FOR SALE

5301 Gemstone Way Memphis, TN 38109

Whitehaven Neighborhood

Estimated Value: $213,000 - $254,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$117/Sq Ft Est. Value

Last Sold February 16, 2012

Last sale price $77,500 $39 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $1,347/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Separate Formal Living Room
  • Landscaped Professionally
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of February 2012

This home is located at 5301 Gemstone Way, Memphis, TN 38109 since 16 January 2012 and is currently estimated at $233,566, approximately $129 per square foot. This property was built in 1999. 5301 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.

Last Agent to Sell the Property

Charles Tacker

Coldwell Banker Heritage Homes License #319914 Listed on: 01/16/2012

Coldwell Banker Heritage Homes

Last Buyer's Agent

Oliver Peyton

The Peyton Co., Inc., REALTORS License #14896

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,345

Year Built

  • Built in 1999

Lot Details

  • 10,454 Sq Ft Lot
  • Landscaped Professionally

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,796 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Diamond Estates Phase 1 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 075259 C00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,345

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Colonial
  • Detached Unit Type: General Residential
  • MLS Map #: 766B
  • MAAR Subdivision Name: DIAMOND ESTATES PH1
  • Number Of Stories: 1
  • Price Per Sq Ft: 43.15
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1796
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Professionally Landscaped
  • Lot Number: 16
  • Acreage: 0.24
  • Lot Size: 10237 SF 88 X 125

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 075259 C00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2012
Closed on
Feb 16, 2012
Sold by
Fannie Mae
Bought by
Brown Judy
Seller's Agent
Charles Tacker
Coldwell Banker Heritage Homes
Buyer's Agent
Oliver Peyton
The Peyton Co., Inc., REALTORS
List Price
$80,000
Sold Price
$77,500
Premium/Discount to List
-$2,500
-3.12%
Current Estimated Value
$233,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,066
Avg. Annual Appreciation
8.40%

Purchase Details

Listed on
Jan 16, 2012
Closed on
Dec 27, 2011
Sold by
Wooten Kenneth
Bought by
Federal National Mortgage Association
Seller's Agent
Charles Tacker
Coldwell Banker Heritage Homes
Buyer's Agent
Oliver Peyton
The Peyton Co., Inc., REALTORS
List Price
$80,000
Sold Price
$77,500
Premium/Discount to List
-$2,500
-3.12%

Purchase Details

Closed on
Apr 27, 2007
Sold by
Harrison Ken
Bought by
Wooten Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2003
Sold by
Bradden Carl and Bradden Ora L
Bought by
Hud

Purchase Details

Closed on
Aug 11, 1999
Sold by
Crossmann Communities Of Tennessee Llc
Bought by
Bradden Carl and Bradden Ora L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,578
Interest Rate
7.65%
Mortgage Type
FHA
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
Brown Judy $77,500 None Available
Federal National Mortgage Association $159,380 None Available
Wooten Kenneth $165,000 Assured Escrow & Title
Hud $149,888 --
Bradden Carl $148,795 Fidelity Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wooten Kenneth $165,000
Previous Owner Bradden Carl $147,578
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2012 02/16/12 Sold $77,500 -3.1% $43 / Sq Ft
01/24/2012 01/24/12 Pending -- -- --
01/16/2012 01/16/12 For Sale $80,000 -- $44 / 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 $1,345 $54,700 $7,125 $47,575
2024 $795 $39,675 $6,300 $33,375
2023 $2,417 $39,675 $6,300 $33,375
2022 $2,417 $39,675 $6,300 $33,375
2021 $2,445 $39,675 $6,300 $33,375
2020 $2,056 $28,375 $5,700 $22,675
2019 $2,056 $28,375 $5,700 $22,675
2018 $2,056 $28,375 $5,700 $22,675
2017 $1,166 $28,375 $5,700 $22,675
2016 $1,204 $27,550 $0 $0
2014 $1,204 $27,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Charles Tacker

    Coldwell Banker Heritage Homes

    Section Image
  • Oliver Peyton

    Buyer's Agent in 2012

    Oliver Peyton

    The Peyton Co., Inc., REALTORS

    (901) 351-8692

    10 in this area

    42 Total Sales

    Oliver Peyton
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3238909

Memphis Area Association of REALTORS®

APN: 07-5259-C0-0016

Tennessee Shelby County Memphis 38109 Whitehaven

5301 Gemstone Way, Memphis, TN

This home is located at 5301 Gemstone Way, Memphis, TN 38109 since 16 January 2012 and is currently estimated at $233,566, approximately $116 per square foot. This property was built in 1999. 5301 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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