See Home Value
$270,095*
House - Off Market

4850 PARKSIDE

Memphis, TN 38117
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$241,000 - $293,000
Reference Base Price*
1.16%
Since Jul 1, 2022
National-US
Primary Model
Sold Aug 02, 2022
$259,900
$255,192 by Land Home Financial Services I
Mortgage Due Aug 01, 2052
Sold Sep 24, 2019
$182,500

About This Property

This lovely home in Colonial Acres offers a fabulous floor plan.  Gleaming hardwood floors, a formal dining room,and an eat in kitchen.  Den with wood burning fireplace and an office or craftroom.The private back yard offers a deck and plenty of shade. Welcome.
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
1954

Price History

Date / Event Date Event Price
Aug 2, 2022 Sold to Nakia L Gallegos $259,900
Sold to Nakia L Gallegos
Jun 30, 2022 No longer available -
No longer available
Jun 23, 2022 Price Decreased $267,000
↓ $2K (0.7%)
Price Decreased
Jun 16, 2022 Price Decreased $269,000
↓ $5K (1.8%)
Price Decreased
Jun 12, 2022 Price Decreased $274,000
↓ $5K (1.8%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Combination
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,973
  • Gross Building Area: 1,973
  • Building Area: 1,973
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,973
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAYFAIR PARK
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GALLEGOS NAKIA L
  • Previous Owner : ECONOMIDES
  • Previous Owner 2: LINDA
  • Owner Before Previous Owner: SIMPSON CAROL R
  • Owner Before Previous Owner 2: MANNING JOSEPH GROVER
  • 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: 06-5027-0-0019
  • Lot: 76
  • Municipality: MEMPHIS
  • Latitude: 35.0991
  • Longitude: -89.9003

    Address

  • Full Address: 4850 Parkside Ave
  • Address - House Number: 4850
  • Address - Street Name: Parkside
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C018
  • 4-Digit Zip Code: 6206
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,274

    Appraisal Valuation

  • Standard Deviation: 0.2517
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 285,648
  • High Value: 357,565
  • Low Value: 213,732

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $271,343
  • First Open Lien Mortgage Lender: LAND HOME FINANCIAL SERVICES I
  • First Open Lien Mortgage Recording Date: Aug 02, 2022
  • First Open Lien Mortgage Loan Amount: $255,192
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Feb 14, 2024
  • Second Open Lien Mortgage Loan Amount: $16,151
  • Second Open Lien Mortgage Term: 341
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $215,000
  • Market Land Value: $36,200
  • Market Improvement Value: $178,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,750
  • Assessed Land Value: $9,050
  • Assessed Improvements Value: $44,700

    Sales

  • Current Sale Contract Date: Jul 26, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Transaction ID: 11893418570
  • Current Sale Price: $259,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 86385
  • Previous Sale Recording Date: Sep 24, 2019
  • Previous Sale Contract Date: Sep 23, 2019
  • Previous Sale Amount: $182,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAND HOME FINANCIAL SERVICES I
  • First Mortgage Transaction Date: Aug 02, 2022
  • First Mortgage Loan Amount: $255,192
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$262,900 Aug 31, 2023
-
$187/mo
House
3 Beds
2 Baths
-
$270,000 Sep 20, 2023
-
$269/mo
House
3 Beds
2 Baths
-
$263,000 Nov 4, 2023
-
$160/mo
House
3 Beds
2 Baths
-
$279,900 Oct 25, 2023
-
$287/mo
House
3 Beds
1.5 Baths
1,200 ft²
$200/ft²
$239,900 Dec 1, 2023
-
$176/mo
House
3 Beds
1 Bath
-
$250,000 Dec 6, 2023
-
$226/mo
House
3 Beds
2 Baths
-
$292,900 Oct 6, 2023
-
$223/mo
House
3 Beds
2 Baths
-
$220,000 Oct 4, 2023
-
$293/mo
House
3 Beds
2 Baths
-
$319,900 Oct 13, 2023
-
$272/mo
House
3 Beds
2 Baths
-
$315,000 Aug 4, 2023
-
$265/mo
House
3 Beds
3 Baths
-
$317,000 Nov 2, 2023
-
$281/mo
House
3 Beds
2 Baths
-
$225,000 Dec 30, 2022
-
-

About Colonial Acres


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Frequently Asked Questions

When was property at 4850 Parkside Avenue built and last sold?
The property at 4850 Parkside Avenue was built in 1954 and last sold on Jul 26, 2022 for $259,900.
How much is this home worth?
The estimated value of the home located at 4850 Parkside Avenue is $269,670.
What are some comparable homes to 4850 Parkside Avenue?
There are currently no comparable homes to 4850 Parkside Avenue.

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