Last Sold Price
4 beds1,325 sqft$48/sqft
4478 Rachael Rd, Memphis, TN 38127

Description

Fantastic investment opportunity! All brick 4 bedroom 2 bathroom property that has been freshly painted and well kept up by the seller. Tenants on a lease paying $1,000/mo. Lease expires 05/01/2024. Walk into a secure investment property. Tenants are on Section 8 - MHA covers $950 of that monthly payment. No wholesalers/assignment. No showings without an accepted offer. Please make offers contingent upon inspectionFantastic investment opportunity! All brick 4 bedroom 2 bathroom property that has been freshly painted and well kept up by the seller. Tenants on a lease paying $1,000/mo. Lease expires 05/01/2024. Walk into a secure investment property. Tenants are on Section 8 - MHA covers $950 of that monthly payment. No wholesalers/assignment. No showings without an accepted offer. Please make offers contingent upon inspection
LISTING CLOSED: 03/27/2024 12:00 AM

  1. Listed by Juan Torres • Fast Track Realty, LLC

Property Details for 4478 Rachael Road

Status
MLS #
10167444
Days on Market
14
Taxes
$920 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Detached Single Family / No
Year Built
1970
Lot Size
0.33 AC / 14,374 SF
Area
725B
Style
Traditional
MAAR Subdivision Name
GWYNNS HAWKINS MILL RD
Legal Subdivision Name
O B GWYNNS HAWKINS MILL ROAD

Location

Listing Courtesy of Fast Track Realty, LLC

Sold By Zach Taylor Real Estate

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Building Information for 4478 Rachael Road

Stories1Year Built1970Building Size-Lot Size0.33 AC / 14,374 SF

Payment Calculator

$397 per month

30 year fixed, 6.55% Interest

Principal and Interest

$320

Property Taxes

$77

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4478 Rachael Road

Summary
Location and General Information
  • Address: 4478 RACHEL RD
  • Address Search Number: 4478
  • Directions: Take the exit onto I-240 N/I-69~Take exit 3 for N Watkins St~Turn left onto N Watkins St~Turn right onto Overton Crossing St~ Turn right onto Hawkins Mill Rd~ Turn left onto Aline Rd ~ Turn right onto Smith Ridge Rd ~ Turn left onto Rachael Rd
  • Map Coordinate: B
  • MLS Map Num: Frayser - North
  • Neighborhood Association: None
Parking
  • Parking Display: 0
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 03-08-2024
Property
Lot Information
  • Lot Size: 60X239
  • Acreage: .33
  • Lot Num: 88
  • Lot Description: Other (See Remarks)
  • Parcel ID: 071058 00017
Property and Assessments
  • Detached Unit Type: General Residential
  • Prop Construction Status: Existing Property
  • Service Type: Full Service Listing
  • Termite Contract: No
Utilities
  • Cooling: Central
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Brick Veneer
  • Misc Exterior: Other (See REMARKS)
  • Pool Description: None
Interior Features
  • Additional Br/Bath Info: All Bedrooms Down
  • Apprx Heated Sq Ft Range: 1200-1399
  • Bedrooms Down: 6.0
  • Den Great Room Dimensions: 0x0
  • Dining Room Dimensions: 0x0
  • Floors/Ceilings: Vinyl/Luxury Vinyl Floor
  • Heating: Central
  • Living Room Dimensions: 0x0
  • Living/Dining/Kitchen: Separate Living Room, Separate Dining Room
  • Total Baths: 2

Property History for 4478 Rachael Road

DateEvent & SourcePriceAppreciation
Mar 27, 2024

Sold

REALTRACS #3055341

$63,000
Mar 27, 2024

Sold

MAARMLS #10167444

$63,000
Mar 26, 2024

Sold (Public Record)

Public Record #1529180476

$63,000

+60.9% / yr

DateEvent & SourcePrice
03/27/2024

Sold

REALTRACS #3055341

$63,000
03/27/2024

Sold

MAARMLS #10167444

$63,000
03/26/2024

Sold (Public Record)

Public Record #1529180476

$63,000

+60.9% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4478 Rachael Road

Taxable ValueLand$1,375Additions$20,700Total$22,075
Tax Record2025$594 ($49 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,389 SqFtAbove Grade Finished SqFt1,389 SqFtStories1Lot Size14,337 SqFtStyleSingle Family ResidenceYear Built1970Year Renovated1970ZoningR-6CountySHELBYAPN07-1058-0-0017

Schools near 4478 Rachael Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - PK to 5
Rating
School
Distance
Hawkins Mill Elementary School
PublicPK to 5

Georgian Hills Junior High School
Public6 to 8

Trezevant High School
Public9 to 12

Memphis STEM Academy
CharterPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fast Track Realty, LLC

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.