NOT LISTED FOR SALE

1007 Railton Rd Memphis, TN 38111

Orange Mound Neighborhood

Estimated Value: $87,000 - $96,716

2 Beds
1 Bath
1,000-1,199 Sq Ft
$76/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $84,000 $70 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $509/month

2 Days on Market

Highlights

  • 1 Car Detached Garage
  • Brick Veneer
  • Central Air
  • Eat-In Kitchen
  • Tile Flooring
  • 1-Story Property

About This Home

As of May 2024

Investor special! Located in East Memphis, this charming 2 bed/ 1 bath home is up for sale in "as-is" condition. The home features a refreshed kitchen w/ breakfast nook, fenced backyard, and carport, among other amenities. The house is currently rented at $1000/month, and the lease expires on 11/30/2024. Please do not disturb the tenant. Showings are by appointment-only and require at least 24 hrs. advance notice. Call or text to schedule.

Last Agent to Sell the Property

Matthew Gonzales

You Found It Realty License #368199 Listed on: 03/27/2024

Last Buyer's Agent

Randall Weatherall

Memphis Metro Realty License #348070

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x128
  • Chain Link Fence

Home Design

  • Brick Veneer
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,103 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Carport
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Park Grove 1St,2Nd,3Rd&4Th Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059080 00007

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: PARK GROVE
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1103
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Tile, Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen

Exterior Features

  • Misc Exterior: Chain Fence
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1D
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Gas

Lot Info

  • Lot Description: Chain Fenced
  • Lot Number: 100
  • Acreage: 0.17
  • Lot Size: 60X128

Tax Info

  • Assessor Parcel Number: 059080 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
May 1, 2024
Sold by
Otero Anthony and Otero Araceli
Bought by
Chickadee Nest Llc
Seller's Agent
Matthew Gonzales
You Found It Realty
Buyer's Agent
Randall Weatherall
Memphis Metro Realty
List Price
$87,000
Sold Price
$84,000
Premium/Discount to List
-$3,000
-3.45%
Views
26
Current Estimated Value
$90,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,679
Avg. Annual Appreciation
4.18%

Purchase Details

Closed on
Dec 12, 2017
Sold by
Guenther Hans
Bought by
Otero Anthony and Otero Archeli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2002
Sold by
G & M Investments
Bought by
Guenther Hans

Purchase Details

Closed on
Apr 19, 2002
Sold by
Southern Capital Management Llc
Bought by
G & M Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,080
Interest Rate
7.12%

Purchase Details

Closed on
Apr 1, 2002
Sold by
West Mamie E
Bought by
Southern Capital Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,080
Interest Rate
7.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chickadee Nest Llc $84,000 Memphis Title Company
Otero Anthony $58,000 Close Trak Closing & Title S
Guenther Hans -- --
G & M Investments -- --
Southern Capital Management Llc $28,313 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otero Anthony $46,400
Previous Owner G & M Investments $46,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $84,000 -3.4% $84 / Sq Ft
03/27/2024 03/27/24 For Sale $87,000 -- $87 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $444 $22,700 $2,450 $20,250
2024 $444 $13,100 $1,000 $12,100
2023 $798 $13,100 $1,000 $12,100
2022 $798 $13,100 $1,000 $12,100
2021 $807 $13,100 $1,000 $12,100
2020 $743 $10,250 $1,000 $9,250
2019 $743 $10,250 $1,000 $9,250
2018 $743 $10,250 $1,000 $9,250
2017 $421 $10,250 $1,000 $9,250
2016 $386 $8,825 $0 $0
2014 $386 $8,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Matthew Gonzales

    You Found It Realty

    (901) 440-3310

    1 in this area

    1 Total Sale

    Matthew Gonzales
    Section Image
  • Randall Weatherall

    Buyer's Agent in 2024

    Randall Weatherall

    Memphis Metro Realty

    (731) 487-5843

    19 in this area

    198 Total Sales

    Randall Weatherall
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10168789

Memphis Area Association of REALTORS®

APN: 05-9080-0-0007

Tennessee Shelby County Memphis 38111 Orange Mound

1007 Railton Rd, Memphis, TN

Not Listed for Sale

Detached

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