NOT LISTED FOR SALE

5440 Gemstone Way Memphis, TN 38109

Whitehaven Neighborhood

Estimated Value: $212,000 - $251,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$126/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $172,065 $96 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,336/month

41 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Double Pane Windows
  • Great Room
  • 2 Car Attached Garage
  • Brick Veneer

About This Home

As of August 2020

The Macon Floor-plan by DR Horton features an open floor plan with Carrier HVAC, Moen faucets, Mohawk floors and much more! Our smart home features key-less entry!Photos are not of an actual listing (house is currently under construction), but it represents exact layout and materials.

Last Agent to Sell the Property

Latoya Veals

J Hunter Realty License #293531 Listed on: 01/29/2020

Co-Listed By

Jessica Green

Keller Williams Realty License #351850

Last Buyer's Agent

Monica Bynum

Crye-Leike, Inc., REALTORS License #343193

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,343 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Great Room
  • Den
  • Partially Carpeted
  • Attic Access Panel
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Ground Level

Community Details

  • Diamond Etates Subdivision
  • Mandatory Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 2019 | Under Construction

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: Diamond Estates
  • List Price Per Sq Ft: 128
  • Number Of Stories: 1
  • Prop Construction Status: Under Construction
  • Estimated Sq Ft: 1343
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Shared Bath, Carpet
  • Bedroom 3 Description: Shared Bath, Carpet
  • Bedroom 4 Description: Shared Bath, Carpet
  • Bedroom 5 Description: Level 1, Shared Bath, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Great Room, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: Attic Access
  • Other Rooms: Laundry Room
  • Primary Bathroom Description: Double Sinks
  • P R I M A R Y B E D R O O M: Walk-In Closet, Carpet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Vinyl Siding, 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
  • Security: Smoke Detector(s)
  • Water Sewer: Electric Water Heater, Public Water

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Landscaped
  • Lot Number: 157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Aug 21, 2020
Sold by
D R Horton Inc
Bought by
Martin Danielle Frances
Seller's Agent
Latoya Veals
J Hunter Realty
Buyer's Agent
Monica Bynum
Crye-Leike, Inc., REALTORS
List Price
$169,150
Sold Price
$172,065
Premium/Discount to List
$2,915
1.72%
Current Estimated Value
$227,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,027
Avg. Annual Appreciation
5.09%
Original Mortgage
$166,903
Outstanding Balance
$147,779
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$79,313

Purchase Details

Closed on
Feb 4, 2020
Sold by
Forestar Real Estate Group Inc
Bought by
D R Horton Inc

Purchase Details

Closed on
Apr 17, 2019
Sold by
Habitat For Humanity Of Greater Memphis
Bought by
Hickasaw Ventures Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martin Danielle Frances $172,065 Foundation T&E Series Llc
D R Horton Inc $111,733 None Available
Hickasaw Ventures Llc $587,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Danielle Frances $166,903
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $172,065 0.0% $108 / Sq Ft
03/23/2020 03/23/20 Price Changed $172,065 +1.1% $108 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
02/26/2020 02/26/20 Price Changed $170,150 +0.6% $106 / Sq Ft
01/29/2020 01/29/20 For Sale $169,150 -- $106 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,481 $61,375 $7,500 $53,875
2024 $1,481 $43,675 $4,350 $39,325
2023 $2,661 $43,675 $4,350 $39,325
2022 $2,661 $43,675 $4,350 $39,325
2021 $3,162 $43,675 $4,350 $39,325
2020 $315 $4,350 $4,350 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Latoya Veals

    J Hunter Realty

    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jessica Green

    Keller Williams Realty

    Section Image
  • Monica Bynum

    Buyer's Agent in 2020

    Monica Bynum

    Crye-Leike, Inc., REALTORS

    (901) 833-5456

    15 in this area

    215 Total Sales

    Monica Bynum
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10070259

Memphis Area Association of REALTORS®

APN: 07-5259-R0-0050

Tennessee Shelby County Memphis 38109 Whitehaven

5440 Gemstone Way, Memphis, TN

Not Listed for Sale

Detached

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