NOT LISTED FOR SALE

1012 Newell Rd Memphis, TN 38111

Orange Mound Neighborhood

Estimated Value: $61,000 - $78,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$59/Sq Ft Est. Value

Last Sold March 24, 2025

Last sale price $79,000 $66 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $400/month

35 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Dining Room
  • Brick Veneer
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of March 2025

** Back on the Market with a Price Correction!** Looking for a home in which you can use your creative genius? You've found it! This great two bedroom has original hardwoods in much of the home and sits on a large corner lot. Lots of opportunity for either a homeowner or investor since this one is being marketed in as-is condition. Easy to show. Contact your favorite agent for more details!

Last Agent to Sell the Property

Itzel Sanchez Bustamante

Keller Williams License #333024 Listed on: 02/10/2025

Keller Williams

Last Buyer's Agent

Itzel Sanchez Bustamante

Keller Williams License #333024 Listed on: 02/10/2025

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 80x100
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 870 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Tile Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Rogers J W Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059065 00033

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: J W ROGERS
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 870
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 1
  • Floors/Ceilings: Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Street Parking Only

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 1
  • Acreage: 0.18
  • Lot Size: 80X100
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 059065 00033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2025
Closed on
Mar 25, 2025
Sold by
Azamar Lelia Guzman
Bought by
Goldstar Homes Llc
Seller's Agent
Itzel Sanchez Bustamante
Keller Williams
Buyer's Agent
Itzel Sanchez Bustamante
Keller Williams
List Price
$85,000
Sold Price
$79,000
Premium/Discount to List
-$6,000
-7.06%
Views
34
Current Estimated Value
$69,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,240
Avg. Annual Appreciation
-10.45%

Purchase Details

Listed on
Oct 6, 2022
Closed on
Oct 17, 2022
Sold by
Vh Acevedo Trust
Bought by
Azamar Lelia Guzman
Seller's Agent
Elizabeth Glosson
Fast Track Realty
List Price
$68,900
Sold Price
$51,500
Premium/Discount to List
-$17,400
-25.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.17%

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 21, 2021
Sold by
Cochran Christopher R W
Bought by
Acevedo Victor
Seller's Agent
latasha conway
Divine Destiny Realty
Buyer's Agent
Gina Angotti
Angotti Agency
List Price
$40,000
Sold Price
$34,500
Premium/Discount to List
-$5,500
-13.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.57%

Purchase Details

Closed on
Jun 24, 2014
Sold by
Murray Michael and Murray Michael L
Bought by
Cochran Christopher R W

Purchase Details

Closed on
Jul 17, 2009
Sold by
Murray Michael Louis
Bought by
Murray Michael Louis and Cochran Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,075
Interest Rate
16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2008
Sold by
Silvernail Donald Leonard and Silvernail Judy Ann
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 13, 2005
Sold by
Centex Home Equity Co Llc
Bought by
Silvernail Donald and Silvernail Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,069
Interest Rate
5.76%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 2005
Sold by
Hill Edward C
Bought by
Centex Home Equity Co Llc

Purchase Details

Closed on
Jul 25, 1997
Sold by
Chandler Nina C
Bought by
Hill Edward C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Goldstar Homes Llc $79,000 None Listed On Document
Azamar Lelia Guzman $51,500 --
Acevedo Victor $35,000 Preferred Title & Escrow
Cochran Christopher R W -- None Available
Murray Michael Louis -- None Available
Murray Michael Louis $6,150 None Available
The Secretary Of Housing & Urban Develop $32,174 None Available
Silvernail Donald $30,000 Associates Closing & Title
Centex Home Equity Co Llc $50,037 --
Hill Edward C $27,500 --
Hill Edward C $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murray Michael Louis $3,075
Previous Owner Silvernail Donald $30,069
Previous Owner Hill Edward C $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2025 12/02/25 For Sale $68,900 -12.8% $80 / Sq Ft
03/24/2025 03/24/25 Sold $79,000 -7.1% $79 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $85,000 +65.0% $85 / Sq Ft
10/14/2022 10/14/22 Sold $51,500 0.0% $60 / Sq Ft View Prior Sale
10/14/2022 10/14/22 Sold $51,500 -13.4% $515 / Sq Ft View Prior Sale
10/06/2022 10/06/22 Pending -- -- --
09/12/2022 09/12/22 Price Changed $59,500 -7.8% $595 / Sq Ft
09/01/2022 09/01/22 Price Changed $64,500 -6.4% $645 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/14/2022 08/14/22 For Sale $68,900 +99.7% $689 / Sq Ft
04/30/2021 04/30/21 Sold $34,500 -13.8% $40 / Sq Ft View Prior Sale
04/12/2021 04/12/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $40,000 -- $46 / 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 $335 $14,350 $2,450 $11,900
2024 $335 $9,875 $1,000 $8,875
2023 $602 $9,875 $1,000 $8,875
2022 $602 $9,875 $1,000 $8,875
2021 $715 $9,875 $1,000 $8,875
2020 $560 $7,725 $1,000 $6,725
2019 $247 $7,725 $1,000 $6,725
2018 $247 $7,725 $1,000 $6,725
2017 $253 $7,725 $1,000 $6,725
2016 $338 $7,725 $0 $0
2014 $338 $7,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Itzel Sanchez Bustamante

    Seller's Agent in 2025

    Itzel Sanchez Bustamante

    Keller Williams

    (901) 378-4334

    14 in this area

    591 Total Sales

    Itzel Sanchez Bustamante
    Section Image
  • Elizabeth Glosson

    Seller's Agent in 2022

    Elizabeth Glosson

    Fast Track Realty

    (901) 336-8103

    12 in this area

    195 Total Sales

    Elizabeth Glosson
    Section Image

  • M

    Buyer's Agent in 2022

    Melissa Lorenz

    Fast Track Realty, LLC

    Section Image
  • latasha conway

    Seller's Agent in 2021

    latasha conway

    Divine Destiny Realty

    (901) 502-8810

    3 in this area

    77 Total Sales

    latasha conway
    Section Image

  • G

    Buyer's Agent in 2021

    Gina Angotti

    Angotti Agency

    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10189793

Memphis Area Association of REALTORS®

APN: 05-9065-0-0033

Tennessee Shelby County Memphis 38111 Orange Mound

1012 Newell Rd, Memphis, TN

Not Listed for Sale

Detached

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