NOT LISTED FOR SALE

1039 Pearce St Memphis, TN 38107

North Memphis Neighborhood

Estimated Value: $50,000 - $67,000

2 Beds
1 Bath
1,200-1,399 Sq Ft
$41/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $46,000 $33 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $320/month

Highlights

  • Wood Flooring
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Victorian Architecture
  • Porch
  • Central Heating

About This Home

As of May 2022

SUPER CHARMING Painted Brick Tudor w/ brand new single layer architectural shingles roof and decking, fncd yd, hdwds under carpet, massive rooms, high ceilings, original woodwork, central heat and air, updated elec, large attic. Month to month, 20+ yrs tenant pays 650 a month but could be rented for 800-850/ mo with cosmetic updates. Just North of Chelsea Avenue, less than 5 mins to DT Memphis. Showings AFTER accepted offer. Owner-Agent.

Last Agent to Sell the Property

Van Preston

Bluff City Realty Group, LLC License #301504 Listed on: 02/27/2022

Last Buyer's Agent

Van Preston

Bluff City Realty Group, LLC License #301504 Listed on: 02/27/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $197

Year Built

  • Built in 1937

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 43x203
  • Level Lot

Parking

  • Driveway

Home Design

  • Victorian Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,219 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • Pearce Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027036 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$197

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Victorian
  • Detached Unit Type: General Residential
  • MLS Map #: 741B
  • MAAR Subdivision Name: pearce
  • List Price Per Sq Ft: 49
  • Number Of Stories: 1
  • Price Per Sq Ft: 37.74
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1219
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Aluminum Window(s)

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Acreage: 0.2
  • Lot Size: 43X203
  • Price Per Acre: 299500

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 027036 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2021
Sold by
Franklin William Henry and Franklin Nelse Vernita
Bought by
Memphis Revival Minstries Llc
Current Estimated Value
$57,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2015
Sold by
Franklin William H and Franklin Nelse V
Bought by
William Henry Franklin Jr Living Trust

Purchase Details

Closed on
Jul 21, 1998
Sold by
Nelson Susie
Bought by
Franklin Ii William and Franklin Nelse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,450
Interest Rate
6.97%
Source: Public Records

Range of Values:

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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
Memphis Revival Minstries Llc $16,000 Saddle Creek Title
William Henry Franklin Jr Living Trust -- None Available
Franklin Ii William $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Revival Minstries Llc $23,000
Previous Owner Franklin Ii William $23,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2022 05/16/22 Sold $46,000 -23.2% $38 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $59,900 0.0% $50 / Sq Ft
03/25/2022 03/25/22 Price Changed $59,900 -4.8% $50 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
03/09/2022 03/09/22 Price Changed $62,900 +5.0% $52 / Sq Ft
02/27/2022 02/27/22 For Sale $59,900 -- $50 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $197 $12,450 $1,825 $10,625
2024 $197 $5,800 $600 $5,200
2023 $353 $5,800 $600 $5,200
2022 $353 $5,800 $600 $5,200
2021 $157 $5,800 $600 $5,200
2020 $330 $4,550 $600 $3,950
2019 $145 $4,550 $600 $3,950
2018 $145 $4,550 $600 $3,950
2017 $149 $4,550 $600 $3,950
2016 $205 $4,700 $0 $0
2014 $205 $4,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    Van Preston

    Bluff City Realty Group, LLC

    (615) 540-6302

    5 in this area

    28 Total Sales

    Van Preston
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10118410

Memphis Area Association of REALTORS®

APN: 02-7036-0-0011

Tennessee Shelby County Memphis 38107 North Memphis

1039 Pearce St, Memphis, TN

This home is located at 1039 Pearce St, Memphis, TN 38107 since 27 February 2022 and is currently estimated at $57,178, approximately $40 per square foot. This property was built in 1937. 1039 Pearce St is a home located in Shelby County with nearby schools including Manassas High School, Memphis Scholars Caldwell-Guthrie, and Perea Elementary School.

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