NOT LISTED FOR SALE

5361 Albemarle Dr Memphis, TN 38135

Estimated Value: $177,000 - $204,000

3 Beds
2 Baths
1,492 Sq Ft
$128/Sq Ft Est. Value

Last Sold February 22, 2018

Last sale price $97,500 $65 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,095/month

23 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Patio
  • Wood Flooring
  • No HOA
  • Central Heating and Cooling System

About This Home

As of February 2018

Fantastic looking home located in the Raleigh-Bartlett area - just minutes from the Covington Pike and Yale Road intersection. House was newly-renovated in 2016 and includes a brand new roof, new furnace, brand new wood flooring, updated light fixtures, and much more! Rented for $950/month on a 12 month lease that expires December 31 2018. Tenant is current and in good standing, Professional Property management in place. Financials available upon request. Please do not disturb tenant.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,554

Year Built

  • Built in 1972

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 73 x 120

Parking

  • Parking Pad

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,492 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Williamsburg Park Blk G Subdivision

Listing and Financial Details

  • Tax Lot 314
  • Assessor Parcel Number 087014 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,554

Year Built

Built in 1972

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1972
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area: 1492
  • Living Area Units: Square Feet

Exterior Features

  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size: 73 X 120
  • Lot Size Units: Acres
  • Parcel #: 087014 00013
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1554
  • Tax Lot: 314

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2018
Closed on
Feb 21, 2018
Sold by
Musashi Holdings Llc
Bought by
Cole David
List Price
$97,500
Sold Price
$97,500
Current Estimated Value
$191,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,693
Avg. Annual Appreciation
8.68%
Original Mortgage
$78,000
Outstanding Balance
$65,907
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$125,286

Purchase Details

Listed on
Jan 30, 2018
Closed on
Feb 20, 2018
Sold by
Cole David
Bought by
Zhu Kevin and Fu Catherine
List Price
$97,500
Sold Price
$97,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Outstanding Balance
$65,907
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$125,286

Purchase Details

Closed on
May 25, 2017
Sold by
Cole David
Bought by
Misashi Holdings Llc

Purchase Details

Closed on
Jun 14, 2016
Sold by
Memphis Turnkey Properties Gp
Bought by
Cole David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,120
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2015
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Jun 22, 2015
Sold by
Ellis Matthew J and Ellis Barbara A
Bought by
Wells Fargo Bank Na

Purchase Details

Listed on
Jun 25, 2012
Closed on
Dec 31, 2012
Sold by
Gaston Judy L Stewart and Gaston Rita E Stewart
Bought by
Ellis Matthew J and Ellis Barbara A
Seller's Agent
Bennie Leflore
Adaro Realty, Inc.
Buyer's Agent
Antonio Walton
The Home Partners Realty
List Price
$69,000
Sold Price
$68,000
Premium/Discount to List
-$1,000
-1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$67,750
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2007
Sold by
Stewart T R
Bought by
Dyson Rita E Stewart and Gaston Judy L Stewart

Purchase Details

Closed on
Aug 29, 1996
Sold by
Bowers Bobby Lee and Bowers Anna A
Bought by
Stewart T R and Stewart Mamie L
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
Cole David -- None Available
Zhu Kevin $97,500 Saddle Creek Title Lcl
Misashi Holdings Llc -- None Available
Cole David $88,900 Saddle Creek Title Llc
The Secretary Of Hud $62,900 None Available
Wells Fargo Bank Na $62,900 Attorney
Ellis Matthew J $69,000 Realty Title
Dyson Rita E Stewart -- None Available
Stewart T R $79,000 --
Stewart T R $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Kevin $78,000
Previous Owner Cole David $71,120
Previous Owner Ellis Matthew J $67,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2018 02/22/18 Sold $97,500 0.0% $65 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $97,500 +67.7% $65 / Sq Ft
02/17/2016 02/17/16 Sold $58,140 -2.9% $42 / Sq Ft View Prior Sale
02/05/2016 02/05/16 Pending -- -- --
12/31/2015 12/31/15 For Sale $59,900 -11.9% $43 / Sq Ft
12/31/2012 12/31/12 Sold $68,000 -1.4% $49 / Sq Ft View Prior Sale
10/30/2012 10/30/12 Pending -- -- --
06/25/2012 06/25/12 For Sale $69,000 -- $49 / 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 $1,072 $43,675 $5,000 $38,675
2024 $1,072 $31,625 $3,875 $27,750
2023 $1,926 $31,625 $3,875 $27,750
2022 $1,926 $31,625 $3,875 $27,750
2021 $1,949 $31,625 $3,875 $27,750
2020 $1,533 $21,150 $3,875 $17,275
2019 $1,533 $21,150 $3,875 $17,275
2018 $1,533 $21,150 $3,875 $17,275
2017 $869 $21,150 $3,875 $17,275
2016 $874 $20,000 $0 $0
2014 $874 $20,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 3028060

Realtracs

APN: 08-7014-0-0013

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