NOT LISTED FOR SALE

5592 Clarke Address Unit 49 Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $54,000 - $60,000

2 Beds
1.5 Baths
1,200-1,399 Sq Ft
$40/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $25,000 $18 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $317/month

Highlights

  • Clubhouse
  • 1 Fireplace
  • Outdoor Storage
  • Soft Contemporary Architecture
  • Detached Garage
  • Central Heating and Cooling System

About This Home

As of July 2020

There is nothing to do; this unit is tenant occupied with a 4 year tenant that pays as agreed; market rent for similar size units is $800.00; currently rented at a discounted rent of $650.00; covenants and restrictions are in docs; tenant ledger is in docs. HOA professionally managed by 4 Success Realty; several renovation projects are underway. Property is being sold as is..please do not disturb tenant.

Last Agent to Sell the Property

Deborah Williams

4 Success Realty, LLC License #294304 Listed on: 04/28/2020

Last Buyer's Agent

Deborah Williams

4 Success Realty, LLC License #294304 Listed on: 04/28/2020

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $201

Year Built

  • Built in 1976

Lot Details

  • 9,583

Home Design

  • Soft Contemporary Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,163 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Parking

  • Detached Garage
  • Driveway

Additional Features

  • Outdoor Storage
  • 9,583 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 074089 C00034

Community Details

Overview

  • Property has a Home Owners Association
  • $210 Maintenance Fee
  • 6 Units
  • The Clarke Address Community
  • Clarke Address Condominiums The 1St Amen Subdivision
  • Property managed by 4 Success Realty
  • Planned Unit Development

Amenities

  • Clubhouse

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$201

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Town House
  • Detached Unit Type: General Residential
  • MLS Map #: 784B
  • MAAR Subdivision Name: CLARKE ADDRESS CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 23
  • Number Of Stories: 2
  • Price Per Sq Ft: 21.5
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 1163
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Aluminum Window(s)

Garage/Parking

  • Attached Detached Parking: Detached
  • Parking Display: 0D
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condo Amenities: Clubhouse
  • Condominium Association: Yes
  • Condominium Name: The Clarke Address
  • Management Company: 4 Success Realty
  • Neighborhood Amenities: Club House

Fee Information

  • Monthly Maintenance Fee: 210

Lot Info

  • Lot Number: UNIT 49
  • Acreage: 0.22
  • Lot Size: 0.22
  • Price Per Acre: 122727

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 074089 C00034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2023
Sold by
Britt Torrie
Bought by
People Services 1 Inc
Current Estimated Value
$56,403

Purchase Details

Closed on
Sep 30, 2022
Sold by
Wallace Christina
Bought by
Britt Torrie

Purchase Details

Listed on
Apr 28, 2020
Closed on
Jul 15, 2020
Sold by
The Clare Address Inc
Bought by
Wallace Christina
Seller's Agent
Deborah Williams
4 Success Realty, LLC
Buyer's Agent
Deborah Williams
4 Success Realty, LLC
List Price
$27,000
Sold Price
$25,000
Premium/Discount to List
-$2,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.80%

Purchase Details

Closed on
Jan 25, 2010
Sold by
Krog Gregory C
Bought by
The Clarke Address Inc

Purchase Details

Closed on
Jul 29, 1999
Sold by
Manning Maggie J
Bought by
Hud

Purchase Details

Closed on
Aug 31, 1995
Bought by
Stack Ann E
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
People Services 1 Inc $5,000 --
Britt Torrie -- --
Wallace Christina $25,000 Regency Title & Escrow
The Clarke Address Inc $5,323 None Available
Hud $42,526 --
Stack Ann E $37,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2020 07/15/20 Sold $25,000 -7.4% $21 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $27,000 0.0% $23 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $27,000 -- $23 / 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 $201 $7,375 $1,125 $6,250
2024 $201 $5,925 $1,125 $4,800
2023 $361 $5,925 $1,125 $4,800
2022 $361 $5,925 $1,125 $4,800
2021 $204 $5,925 $1,125 $4,800
2020 $389 $5,375 $1,125 $4,250
2019 $172 $5,375 $1,125 $4,250
2018 $172 $5,375 $1,125 $4,250
2017 $176 $5,375 $1,125 $4,250
2016 $217 $4,975 $0 $0
2014 $217 $4,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10075508

Memphis Area Association of REALTORS®

APN: 07-4089-C0-0034