NOT LISTED FOR SALE

6459 Summer Creek E Memphis, TN 38141

Hickory Hill Neighborhood

Estimated Value: $108,000 - $130,000

2 Beds
2 Baths
1,000-1,199 Sq Ft
$99/Sq Ft Est. Value

Last Sold July 24, 2013

Last sale price $40,441 $34 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $667/month

Highlights

  • Traditional Architecture
  • Great Room
  • Zero Lot Line
  • 1 Fireplace
  • Porch
  • Central Heating

About This Home

As of July 2013

TOTAL OF 17 BULK SALE INVESTOR PROPERTIES-ALL CASH-NO SINGLE SALES-NO SHOWINGS-NO SIGN-NO KEYBOX-DO NOT DISTURB TENANTS-PROPERTY INVENTORY & REQUIRED ADDENDUMS,CLICK ON PHOTOS RT OF MLS #

Last Agent to Sell the Property

Carolyn Gregory

Adaro Realty, Inc. License #50632 Listed on: 03/13/2013

Adaro Realty, Inc.

Last Buyer's Agent

Edward Pierce

Pillar Realty License #287326

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $489

Year Built

  • Built in 1988

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot
  • Zero Lot Line

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,328 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Central Heating

Community Details

  • Holly Ridge Sec E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093724 F00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$489

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MAAR Subdivision Name: HOLLY RIDGE SEC E
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1328
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 3
  • Acreage: 0.07
  • Lot Size: .073AC30X106.5
  • Zero Lot Line: Yes

Tax Info

  • Assessor Parcel Number: 093724 F00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2016
Sold by
King Homes 38 Llc
Bought by
Gsd Asset Management Llc and Caf B L 2015 Llc
Current Estimated Value
$119,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Outstanding Balance
$39,712,450
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$39,593,170

Purchase Details

Listed on
Mar 13, 2013
Closed on
Aug 23, 2013
Sold by
Ewp Llc
Bought by
King Homes 38 Llc
Seller's Agent
Carolyn Gregory
Adaro Realty, Inc.
Buyer's Agent
Edward Pierce
Pillar Realty
List Price
$44,800
Sold Price
$40,441
Premium/Discount to List
-$4,359
-9.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%

Purchase Details

Listed on
Mar 13, 2013
Closed on
Jun 22, 2013
Sold by
The 6459 East Summer Creek Land Trust
Bought by
Ewp Llc
Seller's Agent
Carolyn Gregory
Adaro Realty, Inc.
Buyer's Agent
Edward Pierce
Pillar Realty
List Price
$44,800
Sold Price
$40,441
Premium/Discount to List
-$4,359
-9.73%

Purchase Details

Closed on
Jan 14, 2012
Sold by
Jiang Jing
Bought by
The 6459 East Summer Creek Land Trust

Purchase Details

Closed on
May 13, 2010
Sold by
Maxwell Latoya S and Maxwell Latoya
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 11, 2005
Sold by
Baier Joseph
Bought by
Maxwell Latoya S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,150
Interest Rate
5.71%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 22, 2003
Sold by
Cook Amy K
Bought by
Hud

Purchase Details

Closed on
Jul 28, 1998
Sold by
Cook Amy K
Bought by
Poole Gene and Poole Claudia
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
Gsd Asset Management Llc $3,655,000 None Available
King Homes 38 Llc -- None Available
Ewp Llc $40,441 Memphis Title Co
The 6459 East Summer Creek Land Trust -- Realty Title & Escrow Co I
Secretary Of Housing & Urban Development $83,231 None Available
Maxwell Latoya S $65,900 --
Hud $58,280 --
Poole Gene $56,044 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gsd Asset Management Llc $50,000,000
Previous Owner Maxwell Latoya S $13,150
Previous Owner Maxwell Latoya S $52,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2013 07/24/13 Sold $40,441 -9.7% $40 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $44,800 -- $45 / 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 $489 $27,650 $4,125 $23,525
2024 $489 $14,425 $3,000 $11,425
2023 $879 $14,425 $3,000 $11,425
2022 $879 $14,425 $3,000 $11,425
2021 $1,044 $14,425 $3,000 $11,425
2020 $850 $11,725 $3,000 $8,725
2019 $375 $11,725 $3,000 $8,725
2018 $375 $11,725 $3,000 $8,725
2017 $384 $11,725 $3,000 $8,725
2016 $517 $11,825 $0 $0
2014 $517 $11,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carolyn Gregory

    Seller's Agent in 2013

    Carolyn Gregory

    Adaro Realty, Inc.

    (901) 486-7490

    8 Total Sales

    Carolyn Gregory
    Section Image

  • E

    Buyer's Agent in 2013

    Edward Pierce

    Pillar Realty

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3267199

Memphis Area Association of REALTORS®

APN: 09-3724-F0-0003

Tennessee Shelby County Memphis 38141 Hickory Hill

6459 Summer Creek E, Memphis, TN

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