NOT LISTED FOR SALE

5427 Derron Ave Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $160,000 - $202,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$101/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $41,000 $23 Per Sq Ft

Est. 345% increase in value since last sale

Current estimated payment $1,060/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Eat-In Kitchen
  • 1 Fireplace
  • Some Wood Windows
  • Patio

About This Home

As of May 2016

GREAT INVESTMENT PROPERTY....BEING SOLD AS-IS CONDITION

Last Agent to Sell the Property

Christie May

BHHS McLemore & Co., Realty License #302818 Listed on: 03/28/2016

BHHS McLemore & Co., Realty

Last Buyer's Agent

Kesha Hamilton

Keller Williams License #320924

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,118

Year Built

  • Built in 1963

Lot Details

  • 10,454 Sq Ft Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,746 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Eat-In Kitchen

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Fox Meadows Blk C 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074075 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,118

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 784A
  • MAAR Subdivision Name: FOX MEADOWS BLK C-1
  • List Price Per Sq Ft: 25
  • Number Of Stories: 1
  • Price Per Sq Ft: 23.48
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1746
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 378
  • Acreage: 0.24
  • Lot Size: .24
  • Price Per Acre: 185417

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 074075 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2019
Sold by
Elder Philip D
Bought by
Busa Investments Llc
Current Estimated Value
$182,280

Purchase Details

Listed on
Mar 28, 2016
Closed on
May 6, 2016
Sold by
Carruthers Allison P
Bought by
Mid South Homebuyers Inc
Seller's Agent
Christie May
BHHS McLemore & Co., Realty
Buyer's Agent
Kesha Hamilton
Keller Williams
List Price
$44,500
Sold Price
$41,000
Premium/Discount to List
-$3,500
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.14%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Busa Investments Llc $104,000 Saddle Creek Title Llc
Mid South Homebuyers Inc $41,000 Saddle Creek Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $41,000 -7.9% $26 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $44,500 -- $28 / 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 $1,118 $40,175 $5,750 $34,425
2024 $1,118 $32,975 $5,000 $27,975
2023 $2,009 $32,975 $5,000 $27,975
2022 $2,009 $32,975 $5,000 $27,975
2021 $1,138 $32,975 $5,000 $27,975
2020 $1,632 $22,525 $5,000 $17,525
2019 $720 $22,525 $5,000 $17,525
2018 $720 $22,525 $5,000 $17,525
2017 $737 $22,525 $5,000 $17,525
2016 $885 $20,250 $0 $0
2014 $885 $20,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Christie May

    BHHS McLemore & Co., Realty

    (901) 233-3096

    12 Total Sales

    Christie May
    Section Image
  • Kesha Hamilton

    Buyer's Agent in 2016

    Kesha Hamilton

    Keller Williams

    (901) 831-5308

    1 in this area

    127 Total Sales

    Kesha Hamilton
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9973530

Memphis Area Association of REALTORS®

APN: 07-4075-0-0001

Tennessee Shelby County Memphis 38115 Fox Meadows

5427 Derron Ave, Memphis, TN

This home is located at 5427 Derron Ave, Memphis, TN 38115 since 28 March 2016 and is currently estimated at $182,280, approximately $101 per square foot. This property was built in 1963. 5427 Derron Ave is a home located in Shelby County with nearby schools including Fox Meadows Elementary School, Wooddale High School, and Cornerstone Prep School.

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