NOT LISTED FOR SALE

Estimated Value: $115,000 - $129,921

3 Beds
2 Baths
1,400-1,599 Sq Ft
$76/Sq Ft Est. Value

Last Sold September 28, 2017

Last sale price $83,000 $52 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $708/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • 1 Fireplace
  • Some Wood Windows
  • Partially Carpeted

About This Home

As of September 2017

This home is located at 5545 Emerald Hills Dr, Memphis, TN 38115 since 07 May 2017 and is currently estimated at $122,230, approximately $87 per square foot. This property was built in 1994. 5545 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

James Wachob

Foundation Property Management License #294924 Listed on: 05/07/2017

Foundation Property Management

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 05/07/2017

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $684

Year Built

  • Built in 1994

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,439 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Partially Carpeted
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Bishops Gate Pd Area 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074102 A00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$684

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 784D
  • MAAR Subdivision Name: BISHOPS GATE AREA 2
  • List Price Per Sq Ft: 58
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 57.68
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1439
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 30
  • Acreage: 0.06
  • Lot Size: .068AC27X110
  • Price Per Acre: 1383333

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 074102 A00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2017
Closed on
Sep 28, 2017
Sold by
Jbj Properties Llc
Bought by
Krishnamoorthya Rajaram
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$92,000
Sold Price
$83,000
Premium/Discount to List
-$9,000
-9.78%
Current Estimated Value
$122,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,230
Avg. Annual Appreciation
6.63%
Original Mortgage
$66,400
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2017
Closed on
May 6, 2017
Sold by
Wr Asset Trust
Bought by
Jbl Properties Llc
Seller's Agent
Micah Layman
Ware Jones, REALTORS
Buyer's Agent
Micah Layman
Ware Jones, REALTORS
List Price
$39,900
Sold Price
$40,500
Premium/Discount to List
$600
1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
633.87%
Original Mortgage
$56,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2016
Sold by
Kummer Rennee
Bought by
Wr Assect Trust

Purchase Details

Closed on
Apr 30, 2004
Sold by
Watkins Timothy
Bought by
Lambert Dedrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
9.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Krishnamoorthya Rajaram $83,000 Delta Title Services Llc
Jbl Properties Llc $40,500 Delta Title Services Llc
Wr Assect Trust $28,000 None Available
Lambert Dedrick $79,900 Assured Escrow & Title Closi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krishnamoorthy Rajaram $70,000
Closed Krishnamoorthya Rajaram $66,400
Previous Owner Jbl Properties Llc $56,000
Previous Owner Lambert Dedrick $79,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2017 09/28/17 Sold $83,000 +104.9% $59 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
05/18/2017 05/18/17 Sold $40,500 -56.0% $29 / Sq Ft
05/07/2017 05/07/17 For Sale $92,000 +130.6% $66 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $39,900 -- $29 / 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 $684 $30,925 $4,400 $26,525
2024 $684 $20,175 $3,000 $17,175
2023 $1,229 $20,175 $3,000 $17,175
2022 $1,229 $20,175 $3,000 $17,175
2021 $1,243 $20,175 $3,000 $17,175
2020 $1,110 $15,325 $3,000 $12,325
2019 $1,110 $15,325 $3,000 $12,325
2018 $1,110 $15,325 $3,000 $12,325
2017 $630 $15,325 $3,000 $12,325
2016 $619 $14,175 $0 $0
2014 $619 $14,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10003350

Memphis Area Association of REALTORS®

APN: 07-4102-A0-0030