This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers 30 to 60 percent less than market value!
Sold for $85,000
Street View
$85,000
4987 Simsbury Dr, Memphis, TN 38118
3beds
1baths
1,098sqft
SingleFamily
Built in 1970
9,452 Square Feet Lot
$122,900 Zestimate®
$77/sqft
$1,178 Estimated rent
Home value
$122,900
$104,000 - $141,000
$1,178/mo
Zestimate® history
Owner options
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$1,178/mo
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$1,178/mo
Rent Zestimate®
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$427/mo
Est. payment
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$427/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1.5
Heating
- Other
Cooling
- Central
Features
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,098 sqft
Property
Parking
- Parking features: Carport
Features
- Exterior features: Brick
Lot
- Size: 9,452 Square Feet
Details
- Parcel number: 074101A00041
Construction
Type & style
- Home type: SingleFamily
Materials
- masonry
- Roof: Composition
Condition
- Year built: 1970
Community & HOA
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $77/sqft
- Tax assessed value: $107,500
- Annual tax amount: $1,417
Price history
| Date | Event | Price |
|---|---|---|
| 10/4/2024 | Sold | $85,000+325%$77/sqft |
Source: Public Record Report a problem | ||
| 10/15/2009 | Sold | $20,000-41.9%$18/sqft |
Source: Public Record Report a problem | ||
| 6/27/2009 | Price change | $34,400-11.1%$31/sqft |
Source: foreclosure.com Report a problem | ||
| 4/12/2009 | Price change | $38,700-10%$35/sqft |
Source: foreclosure.com Report a problem | ||
| 3/8/2009 | Listed for sale | $43,000-30.1%$39/sqft |
Source: foreclosure.com Report a problem | ||
| 9/11/1997 | Sold | $61,500$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,417 +17.9% | $26,875 +47.3% |
| 2024 | $1,202 +8.1% | $18,250 |
| 2023 | $1,112 | $18,250 |
| 2022 | -- | $18,250 |
| 2021 | -- | $18,250 +25% |
| 2020 | $467 | $14,600 |
| 2019 | $467 -21.1% | $14,600 |
| 2018 | $591 -45.1% | $14,600 |
| 2017 | $1,078 +130.5% | $14,600 +6.2% |
| 2016 | $468 -27.1% | $13,750 |
| 2014 | $641 | $13,750 |
| 2013 | -- | $13,750 -31.6% |
| 2012 | -- | $20,100 |
| 2011 | -- | $20,100 |
| 2010 | -- | $20,100 |
| 2009 | -- | $20,100 +11.4% |
| 2008 | -- | $18,050 |
| 2007 | -- | $18,050 |
| 2006 | -- | $18,050 |
| 2005 | -- | $18,050 +4.2% |
| 2004 | -- | $17,325 |
| 2003 | -- | $17,325 |
| 2002 | -- | $17,325 |
| 2001 | -- | $17,325 +5.3% |
| 2000 | -- | $16,450 |
Find assessor info on the county website
Neighborhood: Parkway Village-Oakhaven
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Nearby schools
GreatSchools rating
- 3/10Cromwell Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 6/10Memphis School Of ExcellenceGrades: 6-12Distance: 0.5 mi
- 2/10Wooddale High SchoolGrades: 9-12Distance: 1 mi
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- Tennessee
- Shelby County
- Memphis
- 38118
- Parkway Village-Oakhaven
- 4987 Simsbury Dr
Nearby cities
Nearby neighborhoods
- Cordova-Appling Real estate
- Downtown Real estate
- East Memphis-Colonial-Yorkshire Real estate
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- Midtown Real estate
- Parkway Village-Oakhaven Real estate
- Raleigh Real estate
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- Shelby Forest-Frayser Real estate
- White Haven-Coro Lake Real estate