See Home Value
$618,999*
House - Off Market

240 PERKINS

Memphis, TN 38118
bedrooms
4 Beds
bathrooms
5 Baths, 2 Half Baths
$495,000 - $605,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Jan 24, 2022
$6,000,000
$4,500,000 by Evolve Bank & Trust
Mortgage
Sold May 19, 2017
$4,305,000
$4,125,000 by State Bank Of Texas
Mortgage

About This Property

Fabulous heart of Memphis beauty! 4220 sf on over half acre. Master up & Master down. Beautifully remodeled Master bath & closet- w/adjoining private office/nursery. Kitchen boasts granite counters w/island, marble backsplash & wood-look tile. New: brick entry flooring, lighting, roof, whole house gutters, limestone drive, front landscape & zoysia sod, cedar fence & shutters, water heater, AC unit & exterior paint. Refinished hardwds (up & down)....$160K in improvements (see attached). Come see!
Unit Size
-
Days on Market
-
Land Size
0.55 acres
Price per sqft
-
Property Type
House
Property Taxes
$8,967
HOA Dues
-
Year Built
1999

Price History

Date / Event Date Event Price
Jan 24, 2022 Sold $6,000,000
Sold
Oct 6, 2021 No longer available -
No longer available
Jul 31, 2020 In contract -
In contract
Jul 14, 2020 Price Decreased $550,000
↓ $13K (2.2%)
Price Decreased
Jul 7, 2020 Price Decreased $562,500
↓ $3K (0.4%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Exterior Walls Type: Concrete
  • Floor Count: 4
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 66,827
  • Lot Size Depth Feet: 4,690
  • Lot Size Frontage Feet: 1,910
  • Total Building Area: 13,886
  • Gross Building Area: 13,982
  • Building Area: 13,982
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 13,886
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: SHOWCASE
  • Land Acres: 1.534
  • Standard Land Use Code: Hotel
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: NS PRIVATE DR 334 FT E OF PERKINS RD

Ownership

  • Current Owner : NEWGEN BHAKTA LLC
  • Previous Owner : 240 PERKINS HOLDING LLC
  • Owner Before Previous Owner: SUIT AND TIE LODGING LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010710

Zoning

  • Zoning: CMU-3

Geography

  • Assessors Map Reference: MB 161-19
  • District: O
  • Parcel: 07-4001-0-0229
  • Lot: 5
  • Municipality: MEMPHIS
  • Latitude: 35.0766
  • Longitude: -89.9047

    Address

  • Full Address: 4760 Showcase Blvd
  • Address - House Number: 4760
  • Address - Street Name: Showcase
  • Address - Suffix Type: Blvd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C076
  • 4-Digit Zip Code: 8400
  • Zip Code: 38118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $76,587

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,500,000
  • First Open Lien Mortgage Lender: EVOLVE BANK & TRUST
  • First Open Lien Mortgage Recording Date: Jan 24, 2022
  • First Open Lien Mortgage Loan Amount: $4,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $3,143,100
  • Market Land Value: $334,100
  • Market Improvement Value: $2,809,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,257,240
  • Assessed Land Value: $133,640
  • Assessed Improvements Value: $1,123,600

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 24, 2022
  • Current Sale Transaction ID: 11879391180
  • Current Sale Price: $6,000,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 8545
  • Previous Sale Recording Date: May 19, 2017
  • Previous Sale Contract Date: May 16, 2017
  • Previous Sale Amount: $4,305,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVOLVE BANK & TRUST
  • First Mortgage Transaction Date: Jan 24, 2022
  • First Mortgage Loan Amount: $4,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: STATE BANK OF TEXAS
  • Previous Mortgage Transaction Date: May 19, 2017
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $4,125,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southeast Memphis


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Nearby Rentals

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$1,650 /mo

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  • 2 Baths
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Unit for rent at

$1,650 /mo

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  • 2 Baths
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Frequently Asked Questions

When was property at 4760 Showcase Boulevard built and last sold?
The property at 4760 Showcase Boulevard was built in 1999 and last sold on Jan 14, 2022 for $6,000,000.
How much is this home worth?
The estimated value of the home located at 4760 Showcase Boulevard is $555,500.
What are some comparable homes to 4760 Showcase Boulevard?
There are currently no comparable homes to 4760 Showcase Boulevard.

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