NOT LISTED FOR SALE

Estimated Value: $107,000 - $134,807

2 Beds
2 Baths
1,093 Sq Ft
$107/Sq Ft Est. Value

Last Sold April 17, 2014

Last sale price $20,000 $18 Per Sq Ft

Est. 491% increase in value since last sale

Current estimated payment $698/month

41 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Storm Windows
  • 1 Fireplace
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of April 2014

This home is located at 5526 Emerald Hills Dr, Memphis, TN 38115 since 01 August 2013 and is currently estimated at $116,952, approximately $107 per square foot. This property was built in 1994. 5526 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.

Last Agent to Sell the Property

Cheryl Muhammad

Assured Real Estate Services License #274007 Listed on: 08/01/2013

Last Buyer's Agent

Thomas Byrd

Byrd Realty Services, LLC License #268775

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $625

Year Built

  • Built in 1994

Lot Details

  • 2,614 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Zero Lot Line

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,093 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Bishops Gate Pd Area 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074102 A00063

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$625

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MLS Map #: 784D
  • MAAR Subdivision Name: BISHOPS GATE AREA 2
  • List Price Per Sq Ft: 16
  • Number Of Stories: 1
  • Price Per Sq Ft: 18.3
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1093
  • Year Built: 1994
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room, Pantry, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Storm Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 63
  • Acreage: 0.06
  • Lot Size: .068AC27X110
  • Price Per Acre: 300000
  • Zero Lot Line: Yes

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 074102 A00063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2013
Closed on
Apr 16, 2014
Sold by
Covington Teresa
Bought by
Hearn Darryl
Seller's Agent
Cheryl Muhammad
Assured Real Estate Services
Buyer's Agent
Thomas Byrd
Byrd Realty Services, LLC
List Price
$18,000
Sold Price
$20,000
Premium/Discount to List
$2,000
11.11%
Current Estimated Value
$118,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,131
Avg. Annual Appreciation
17.27%

Purchase Details

Closed on
Jan 31, 2005
Sold by
Barnett Larry
Bought by
Covington Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,500
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2002
Sold by
Rice Keith O
Bought by
Barnett Larry

Purchase Details

Closed on
Oct 21, 1994
Bought by
Rice Keith O
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
Hearn Darryl $20,000 Preferred Title & Escrow Llc
Covington Teresa $68,500 Chicago Title Insurance Comp
Barnett Larry $63,000 Realty Title
Rice Keith O $60,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Covington Teresa $53,500
Closed Covington Teresa $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2014 04/17/14 Sold $20,000 +11.1% $18 / Sq Ft
09/11/2013 09/11/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $18,000 -- $16 / 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 $625 $27,975 $4,400 $23,575
2024 $625 $18,425 $3,000 $15,425
2023 $1,122 $18,425 $3,000 $15,425
2022 $1,122 $18,425 $3,000 $15,425
2021 $1,136 $18,425 $3,000 $15,425
2020 $1,011 $13,950 $3,000 $10,950
2019 $1,011 $13,950 $3,000 $10,950
2018 $1,011 $13,950 $3,000 $10,950
2017 $573 $13,950 $3,000 $10,950
2016 $565 $12,925 $0 $0
2014 $565 $12,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3277811

Memphis Area Association of REALTORS®

APN: 07-4102-A0-0063