Check Availability
$169,900
House - For Sale

4497 GARNETT

Memphis, TN 38117
bedrooms
3 Beds
bathrooms
1 Bath
$1,007
Estimated Monthly
$0
HOA / Fees
8.70%
Cap Rate

About This Property

Recently remodeled home now available on the market! This 3 bed 1 bathroom property is ideal for investors, or first-time homebuyers. All CAPEX items (roof, HVAC, and hot water heater) in the property were all brand new in 2018. The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or assignment transactions.
Unit Size
-
Days on Market
163 days
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$173
HOA Dues
-
Year Built
1953
Listed By
Mark Hart
Reedy & Company, REALTORS
Last updated: 5 months ago (MAARTN #10161145)

Price History

Date / Event Date Event Price
Nov 17, 2023 Listed by Reedy & Company, REALTORS $169,900
Listed by Reedy & Company, REALTORS

Property Highlights

Air Conditioning
Interior Details

Interior Information

Security System

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Floor Count: 1
  • Basement Area: 0
  • Garage Square Area: 198
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,189
  • Gross Building Area: 1,189
  • Building Area: 1,189
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,189
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: PARKSIDE MANOR SECOND ADDITION
  • Land Acres: 0.193

Ownership

  • Current Owner : D2A LLC
  • Previous Owner : MEMPHIS IVNESTMENT RENTAL PROPERTIES LLC
  • Owner Before Previous Owner: GREEN GRETA GAY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009300

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 06-6026-0-0009
  • Lot: 431
  • Municipality: MEMPHIS
  • Latitude: 35.0922
  • Longitude: -89.9124

    Address

  • Full Address: 4497 Garnett Rd
  • Address - House Number: 4497
  • Address - Street Name: Garnett
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C022
  • 4-Digit Zip Code: 6427
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,071

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 89
  • Final Value: 166,907
  • High Value: 185,098
  • Low Value: 148,715

    Market Valuation

  • Market Total Value: $136,000
  • Market Land Value: $17,700
  • Market Improvement Value: $118,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,000
  • Assessed Land Value: $4,425
  • Assessed Improvements Value: $29,575

    Sales

  • Current Sale Contract Date: Nov 30, 2018
  • Current Sale Recording Date: Dec 04, 2018
  • Current Sale Transaction ID: 11540765620
  • Current Sale Price: $120,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 18123593
  • Previous Sale Recording Date: Sep 12, 2018
  • Previous Sale Contract Date: Sep 10, 2018
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: RA MOORE
  • Previous Mortgage Transaction Date: Sep 12, 2018
  • Previous Mortgage Loan Amount: $90,000
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Mar 10, 2019

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1.5 Baths
-
$164,900 Oct 14, 2023
-
$178/mo
House
3 Beds
1 Bath
-
$184,900 Nov 15, 2023
-
$166/mo
House
3 Beds
1 Bath
-
$184,900 Nov 17, 2023
-
$82/mo
House
3 Beds
1 Bath
-
$199,000 Aug 7, 2023
-
$130/mo
House
3 Beds
1 Bath
-
$194,502 Nov 11, 2023
-
$163/mo
House
3 Beds
1 Bath
-
$154,900 Oct 31, 2023
-
$192/mo
House
2 Beds
1 Bath
-
$165,000 Aug 11, 2023
-
$176/mo
House
2 Beds
1 Bath
-
$145,000 Nov 3, 2023
-
$77/mo

About Colonial Acres


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Frequently Asked Questions

When was property at 4497 Garnett Road built and last sold?
The property at 4497 Garnett Road was built in 1953 and last sold on Nov 30, 2018 for $120,000.
How much is this home worth?
The estimated value of the home located at 4497 Garnett Road is $171,599.
What are some comparable homes to 4497 Garnett Road?
Homes that are comparable to 4497 Garnett Road include a house property at 1640 Cherry Road, 4464 Helene Road, 4211 Philsdale Avenue.

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