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4838 Flamingo Road

4838 Flamingo Road, Memphis, TN 38117
Sold Aug 30, 2023
$265,000
$132,500 by Evolve Bank & Trust
Mortgage Due Sep 01, 2053
Sold Aug 18, 2021
$235,000
$230,743 by Trustmark National Bank
Mortgage Due Sep 01, 2051
4838 Flamingo Road has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 1953 and is 71 years old. However, we must point out that the home was most recently renovated and altered in 1987. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4838 Flamingo Road has 1,490 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,230 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 8,575 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 220 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4838 Flamingo Road was last sold in Aug 17, 2023 for $265,000. According to our calculations, that's $177.85 per sqft. Prior to that sales transaction, the property was sold for $235,000 in Aug 18, 2021. Current property owners are expected to pay $2,817 in taxes per year. The property on 4838 Flamingo Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $46,250. To break that down further, the land itself was valued at $6,250. While improvements to the property were assessed at a total of $40,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Carport

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,575
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,490
  • Gross Building Area: 1,490
  • Building Area: 1,490
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,490
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONIAL HIGHLANDS
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HEARN PAUL JACKSON
  • Previous Owner : BAILEY JESSICA
  • Owner Before Previous Owner: SEERING ERIK CLAY
  • Owner Before Previous Owner 2: SEERING JACIE NOELLE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009400

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 06-5024-0-0019
  • Lot: 11
  • Municipality: MEMPHIS
  • Latitude: 35.0967
  • Longitude: -89.9007

    Address

  • Full Address: 4838 Flamingo Rd
  • Address - House Number: 4838
  • Address - Street Name: Flamingo
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C018
  • 4-Digit Zip Code: 6248
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,817

    Appraisal Valuation

  • Standard Deviation: 0.2516
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 253,929
  • High Value: 317,828
  • Low Value: 190,029

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,500
  • First Open Lien Mortgage Lender: EVOLVE BANK & TRUST
  • First Open Lien Mortgage Recording Date: Aug 30, 2023
  • First Open Lien Mortgage Loan Amount: $132,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $185,000
  • Market Land Value: $25,000
  • Market Improvement Value: $160,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,250
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $40,000

    Sales

  • Current Sale Contract Date: Aug 17, 2023
  • Current Sale Recording Date: Aug 30, 2023
  • Current Sale Transaction ID: 11911770305
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 72742
  • Previous Sale Recording Date: Aug 18, 2021
  • Previous Sale Contract Date: Aug 18, 2021
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVOLVE BANK & TRUST
  • First Mortgage Transaction Date: Aug 30, 2023
  • First Mortgage Loan Amount: $132,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: TRUSTMARK NATIONAL BANK
  • Previous Mortgage Transaction Date: Aug 18, 2021
  • Previous Mortgage Loan Amount: $230,743
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2051

About Colonial Acres



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Frequently Asked Questions

What neighborhood is 4838 Flamingo Road located in?
The 4838 Flamingo Road is a house located in the neighborhood of Colonial Acres in Colonial Acres, Memphis.
What is the average sales price for listings in 4838 Flamingo Road?
The average sales price for units in 4838 Flamingo Road is $0 currently.

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