NOT LISTED FOR SALE

5451 Derron Ave Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $149,895 - $198,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$107/Sq Ft Est. Value

Last Sold May 25, 2016

Last sale price $73,000 $46 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $984/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Patio
  • Wood Flooring
  • Den
  • Laundry Room

About This Home

As of May 2016

Move-in Ready! This 3 bedroom, 2 bath home has been well cared for. Large back yard. Fresh carpet & paint throughout. Formal living & dining room. Huge, floored attic for lots of storage.

Last Agent to Sell the Property

Phillip Kemp

Reed & Associates of Tenn, LLC License #286830 Listed on: 11/05/2015

Last Buyer's Agent

Chauncey Burton

Keller Williams License #293468

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $881

Year Built

  • Built in 1964

Lot Details

  • 10,454 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,530 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Workshop in Garage
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Fox Meadows Blk C 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074075 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$881

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Emerald St
  • MLS Map #: 784A
  • MAAR Subdivision Name: FOX MEADOWS BLK C-1
  • List Price Per Sq Ft: 50
  • Number Of Stories: 1
  • Price Per Sq Ft: 47.71
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1530
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Cooktop, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Misc Interior: All Window Treatments
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, Workshop(s)

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 381
  • Acreage: 0.24
  • Price Per Acre: 320417

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 074075 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2015
Closed on
May 25, 2016
Sold by
Stephens Christie Carol and Dearen Robert Duncan
Bought by
Jimenez Juana E Rodriguez
Seller's Agent
Phillip Kemp
Reed & Associates of Tenn, LLC
Buyer's Agent
Chauncey Burton
Keller Williams
List Price
$79,900
Sold Price
$73,000
Premium/Discount to List
-$6,900
-8.64%
Current Estimated Value
$171,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,224
Avg. Annual Appreciation
9.51%
Original Mortgage
$71,676
Outstanding Balance
$57,814
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$113,410

Purchase Details

Closed on
Jul 17, 1996
Sold by
Dearen Robert D
Bought by
Dearen Virginia E
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
Jimenez Juana E Rodriguez $73,000 Alliance Title & Escrow Llc
Dearen Virginia E -- Mid South Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Juana E Rodriguez $71,676
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2016 05/25/16 Sold $73,000 -8.6% $52 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
11/05/2015 11/05/15 For Sale $79,900 -- $57 / 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 $881 $30,475 $5,750 $24,725
2024 $881 $25,975 $5,000 $20,975
2023 $1,582 $25,975 $5,000 $20,975
2022 $1,582 $25,975 $5,000 $20,975
2021 $1,601 $25,975 $5,000 $20,975
2020 $1,254 $17,300 $5,000 $12,300
2019 $1,254 $17,300 $5,000 $12,300
2018 $1,254 $17,300 $5,000 $12,300
2017 $711 $17,300 $5,000 $12,300
2016 $835 $19,100 $0 $0
2014 $835 $19,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Phillip Kemp

    Seller's Agent in 2016

    Phillip Kemp

    Reed & Associates of Tenn, LLC

    (901) 461-4662

    52 Total Sales

    Phillip Kemp
    Section Image
  • Chauncey Burton

    Buyer's Agent in 2016

    Chauncey Burton

    Keller Williams

    (901) 230-8414

    2 in this area

    43 Total Sales

    Chauncey Burton
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9964862

Memphis Area Association of REALTORS®

APN: 07-4075-0-0004

Tennessee Shelby County Memphis 38115 Fox Meadows

5451 Derron Ave, Memphis, TN

This home is located at 5451 Derron Ave, Memphis, TN 38115 since 05 November 2015 and is currently estimated at $171,224, approximately $107 per square foot. This property was built in 1964. 5451 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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