R
Seller's Agent in 2023
Rob Thompson
Bluff City Realty Group, LLC
(901) 602-2636
1 in this area
35 Total Sales
2832 Summerhurst St Memphis, TN 38118
Parkway Village NeighborhoodEstimated Value: $147,000 - $180,000
4
Beds
2
Baths
1,600-1,799
Sq Ft
$88/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Corner Lot
- Eat-In Kitchen
- Separate Formal Living Room
- Den with Fireplace
- Patio
About This Home
As of November 2023Great income producer, centrally located, without 4 bedrooms and 2 bathrooms. Two car carport on corner lot. Tenant occupied with tenant rights, please do not disturb. New furnace, coil and condenser 2019, new hot water heater 2017. Professional management company currently in place but not binding for new buyer. No showings without an accepted contract.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $704
Year Built
- Built in 1964
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 95x121
- Corner Lot
Home Design
- Traditional Architecture
- Property Attached
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 1,600-1,799 Sq Ft Home
- 1,616 Sq Ft Home
- 1-Story Property
- Popcorn or blown ceiling
- Separate Formal Living Room
- Dining Room
- Den with Fireplace
- Storage Room
- Washer and Dryer Hookup
- Iron Doors
- Eat-In Kitchen
Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Parking Spaces
- 2 Covered Spaces
Outdoor Features
- Patio
- Outdoor Storage
Location
- Ground Level
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- Summerset Park Blk A Subdivision
Listing and Financial Details
- Assessor Parcel Number 074004 00001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2023
Closed on
Nov 9, 2023
Sold by
Grimm Warren M and Grimm Jessica G
Bought by
Ganotra Shivesh
Seller's Agent
Rob Thompson
Bluff City Realty Group, LLC
Buyer's Agent
Julie Cook
REMAX Experts
List Price
$159,000
Sold Price
$137,000
Premium/Discount to List
-$22,000
-13.84%
Total Days on Market
60
Views
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,006
Avg. Annual Appreciation
10.87%
Original Mortgage
$102,750
Outstanding Balance
$101,552
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$57,727
Purchase Details
Closed on
Dec 31, 2014
Sold by
Giordano Charles
Bought by
Grimm Warren M and Grimm Jessica G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
4.04%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 15, 2013
Sold by
Smith Leopoldina M
Bought by
Gioradano Charles and Grimm Warren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ganotra Shivesh | $137,000 | Sure Title | |
| Grimm Warren M | -- | Coventry Escrow & Title Co L | |
| Gioradano Charles | $55,400 | Coventry Escrow And Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ganotra Shivesh | $102,750 | |
| Closed | Ganotra Shivesh | $102,750 | |
| Previous Owner | Grimm Warren M | $56,250 | |
| Previous Owner | Gioradano Charles | $55,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/09/2023 11/09/23 | Sold | $137,000 | -1.4% | $86 / Sq Ft |
| 10/21/2023 10/21/23 | Pending | -- | -- | -- |
| 09/21/2023 09/21/23 | Price Changed | $139,000 | -12.6% | $87 / Sq Ft |
| 08/22/2023 08/22/23 | For Sale | $159,000 | -- | $99 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $704 | $26,075 | $3,775 | $22,300 |
| 2023 | $1,588 | $26,075 | $3,775 | $22,300 |
| 2022 | $1,588 | $26,075 | $3,775 | $22,300 |
| 2021 | $1,607 | $26,075 | $3,775 | $22,300 |
| 2020 | $1,234 | $17,025 | $3,775 | $13,250 |
| 2019 | $1,234 | $17,025 | $3,775 | $13,250 |
| 2018 | $1,234 | $17,025 | $3,775 | $13,250 |
| 2017 | $700 | $17,025 | $3,775 | $13,250 |
| 2016 | $739 | $16,900 | $0 | $0 |
| 2014 | $739 | $16,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rob Thompson
-
Julie Cook
Buyer's Agent in 2023
Julie Cook
RE/MAX
(901) 209-1818
1 in this area
103 Total Sales
Map
Similar Homes in Memphis, TN
Source: Memphis Area Association of REALTORS®
MLS Number: 10154971
APN: 07-4004-0-0001
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