NOT LISTED FOR SALE

5514 Emerald Hills Dr Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $115,000 - $185,089

3 Beds
2 Baths
1,000-1,199 Sq Ft
$118/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $143,000 $119 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $849/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Laundry Room
  • Great Room
  • Home Security System
  • Zero Lot Line

About This Home

As of February 2024

Owner/Agent: Discover a stunning property nestled in the heart of East Memphis. This will be a great opportunity for an investor or starter home. It's been renovated with updated flooring, painting, bath, kitchen, and much more. It has 3 bedroom, 2 full bath and large laundry room. This home qualifies for 100 percent financing.

Last Agent to Sell the Property

Victoria Brown

4 Success Realty, LLC License #305985 Listed on: 02/01/2024

Last Buyer's Agent

Courtney Thornton

Keller Williams License #363469

Keller Williams

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $674

Year Built

  • Built in 1995

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 27x110
  • Wood Fence
  • Level Lot
  • Zero Lot Line

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,181 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Great Room
  • Den with Fireplace
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Iron Doors

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Bishops Gate Pd Area 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074102 A00058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$674

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 784D
  • MAAR Subdivision Name: BISHOPS GATE AREA 2
  • Number Of Stories: 1
  • Price Per Sq Ft: 121.08
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1181
  • Year Built: 1995
  • List Price/ Sq Ft: 121
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Great Room, Pantry
  • Misc Interior: Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Wood Fence
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s)

Lot Info

  • Lot Description: Level
  • Lot Number: 58
  • Acreage: 0.06
  • Lot Size: 27X110
  • Price Per Acre: 2383333
  • Zero Lot Line: Yes

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 074102 A00058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Feb 29, 2024
Sold by
Knight Growth Investments Llc
Bought by
Gillespie Rakeasha
Seller's Agent
Victoria Brown
4 Success Realty, LLC
Buyer's Agent
Courtney Thornton
Keller Williams
List Price
$143,000
Sold Price
$143,000
Views
8
Current Estimated Value
$144,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,794
Avg. Annual Appreciation
0.53%
Original Mortgage
$121,550
Outstanding Balance
$119,986
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$24,113

Purchase Details

Listed on
Feb 1, 2024
Closed on
Jan 4, 2024
Sold by
Curry Roy L
Bought by
Knight Growth Investments Llc
Seller's Agent
Victoria Brown
4 Success Realty, LLC
Buyer's Agent
Courtney Thornton
Keller Williams
List Price
$143,000
Sold Price
$143,000
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,550
Outstanding Balance
$119,986
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$24,113

Purchase Details

Closed on
Jun 25, 1999
Sold by
Ashby A T
Bought by
Curry Roy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
7.13%
Mortgage Type
VA

Purchase Details

Closed on
May 11, 1995
Bought by
Ashby A T
Source: Public Records

Range of Values:

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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
Gillespie Rakeasha $143,000 Local Title
Knight Growth Investments Llc $80,000 None Listed On Document
Curry Roy L $73,000 --
Ashby A T $62,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillespie Rakeasha $121,550
Previous Owner Knight Growth Investments Llc $115,000
Previous Owner Curry Roy L $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $143,000 0.0% $143 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $143,000 -- $143 / 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 $674 $35,700 $4,400 $31,300
2024 $674 $19,875 $3,000 $16,875
2023 $1,211 $19,875 $3,000 $16,875
2022 $1,211 $19,875 $3,000 $16,875
2021 $1,225 $19,875 $3,000 $16,875
2020 $1,087 $15,000 $3,000 $12,000
2019 $1,087 $15,000 $3,000 $12,000
2018 $1,087 $15,000 $3,000 $12,000
2017 $617 $15,000 $3,000 $12,000
2016 $607 $13,900 $0 $0
2014 $607 $13,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Victoria Brown

    Seller's Agent in 2024

    Victoria Brown

    4 Success Realty, LLC

    (901) 864-3990

    3 in this area

    184 Total Sales

    Section Image
  • Courtney Thornton

    Buyer's Agent in 2024

    Courtney Thornton

    Keller Williams

    (731) 217-1818

    1 in this area

    23 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10164951

Memphis Area Association of REALTORS®

APN: 07-4102-A0-0058

Tennessee Shelby County Memphis 38115 Fox Meadows

5514 Emerald Hills Dr, Memphis, TN

This home is located at 5514 Emerald Hills Dr, Memphis, TN 38115 since 01 February 2024 and is currently estimated at $141,272, approximately $117 per square foot. This property was built in 1995. 5514 Emerald Hills Dr is a home located in Shelby County with nearby schools including Newberry Elementary School, Wooddale High School, and Compass Community School Hickory Hill Campus.

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