Seller's Agent in 2024
Greg Glosson
Fast Track Realty, LLC
(901) 550-3633
2 in this area
13 Total Sales
1040 Mount Vernon Rd Memphis, TN 38111
Orange Mound NeighborhoodEstimated Value: $89,000 - $103,093
2
Beds
1
Bath
1,150
Sq Ft
$85/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- No HOA
- Property has 3 Levels
- Wood Flooring
- Central Heating and Cooling System
About This Home
As of November 2024Great opportunity to own a home located just South of the University of Memphis. This home is much larger than it looks from the street. Covered parking in the driveway and a detached single garage in the rear. Backyard is a nice sized area and has a chain link fence. Interior has hardwood floors in the living room, dining room and both bedrooms. The den was an addition to the home and has vinyl flooring. Buyers will love the space and the affordable listing price of this home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $841
Year Built
- Built in 1948
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 60x158
- Chain Link Fence
Parking
- Parking Pad
Home Design
- Traditional Architecture
- Shingle Roof
Interior Spaces
- 1,150 Sq Ft Home
- Property has 3 Levels
- Wood Flooring
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Park Grove 1St,2Nd,3Rd&4Th Subdivision
Listing and Financial Details
- Tax Lot 40
- Assessor Parcel Number 059080 00019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 13, 2024
Closed on
Nov 13, 2024
Sold by
Goodwin David and Goodwin Freda
Bought by
Palomec Jorge and Albores Aura
List Price
$125,000
Sold Price
$96,500
Premium/Discount to List
-$28,500
-22.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,023
Avg. Annual Appreciation
0.78%
Original Mortgage
$86,500
Outstanding Balance
$80,092
Interest Rate
6.32%
Mortgage Type
Seller Take Back
Estimated Equity
$17,431
Purchase Details
Listed on
Jan 6, 2017
Closed on
Jan 3, 2017
Sold by
M & T Bank
Bought by
Goodwin David and Goodwin Freda
List Price
$25,000
Sold Price
$22,301
Premium/Discount to List
-$2,699
-10.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.49%
Purchase Details
Closed on
Sep 27, 2016
Sold by
Shelby County
Bought by
Lenders Title And Escrow Llc
Purchase Details
Closed on
Apr 23, 2007
Sold by
Wooten Vera C
Bought by
Ajw Properties Llc
Purchase Details
Closed on
Dec 1, 2006
Sold by
Barrom Daryl and Barrom Ray T
Bought by
Wooten Vera
Purchase Details
Closed on
Nov 30, 2006
Sold by
Richard Everette Barrom Trust
Bought by
Barrom Daryl and Barrom Ray T
Purchase Details
Closed on
Jun 7, 2004
Sold by
Estes Calista A and Dostal Stefanie Barrom
Bought by
Richard Everette Barrom Trust
Purchase Details
Closed on
Dec 20, 1998
Sold by
Brown Erlene G
Bought by
Brown Erlene G and Barrom Sanford L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Palomec Jorge | $96,500 | Baymark Title | |
| Palomec Jorge | $96,500 | Baymark Title | |
| Goodwin David | $22,301 | Foothills Title Services Inc | |
| Lenders Title And Escrow Llc | $21,230 | None Available | |
| Ajw Properties Llc | -- | None Available | |
| Wooten Vera | $36,943 | Lenders Title & Escrow Llc | |
| Barrom Daryl | -- | Lenders Title & Escrow Llc | |
| Richard Everette Barrom Trust | -- | -- | |
| Brown Erlene G | -- | -- | |
| Brown Erlene G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Palomec Jorge | $86,500 | |
| Closed | Palomec Jorge | $86,500 |
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 | $25,000 | -80.0% | $22 / Sq Ft | |
| 12/02/2025 12/02/25 | For Sale | $125,000 | +29.5% | $109 / Sq Ft | |
| 11/13/2024 11/13/24 | Sold | $96,500 | 0.0% | $84 / Sq Ft | |
| 11/13/2024 11/13/24 | Sold | $96,500 | -3.4% | $97 / Sq Ft | View Prior Sale |
| 11/13/2024 11/13/24 | Pending | -- | -- | -- | |
| 11/05/2024 11/05/24 | Pending | -- | -- | -- | |
| 10/23/2024 10/23/24 | Price Changed | $99,900 | -9.1% | $100 / Sq Ft | |
| 09/18/2024 09/18/24 | Price Changed | $109,900 | -12.1% | $110 / Sq Ft | |
| 09/12/2024 09/12/24 | For Sale | $125,000 | +460.5% | $125 / Sq Ft | |
| 01/06/2017 01/06/17 | Sold | $22,301 | 0.0% | $19 / Sq Ft | View Prior Sale |
| 01/06/2017 01/06/17 | Sold | $22,301 | -10.8% | $22 / Sq Ft | View Prior Sale |
| 01/06/2017 01/06/17 | Pending | -- | -- | -- | |
| 12/12/2016 12/12/16 | Pending | -- | -- | -- | |
| 11/28/2016 11/28/16 | For Sale | $25,000 | -- | $25 / Sq Ft |
Source: Realtracs
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 | -- | $24,125 | $2,450 | $21,675 |
| 2024 | -- | $13,800 | $1,000 | $12,800 |
| 2023 | $841 | $13,800 | $1,000 | $12,800 |
| 2022 | $841 | $13,800 | $1,000 | $12,800 |
| 2021 | $850 | $13,800 | $1,000 | $12,800 |
| 2020 | $830 | $11,450 | $1,000 | $10,450 |
| 2019 | $830 | $11,450 | $1,000 | $10,450 |
| 2018 | $830 | $11,450 | $1,000 | $10,450 |
| 2017 | $471 | $11,450 | $1,000 | $10,450 |
| 2016 | $497 | $11,375 | $0 | $0 |
| 2014 | $497 | $11,375 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Glosson
-
Henry Pineda
H
Seller Co-Listing Agent in 2024
Henry Pineda
Fast Track Realty, LLC
(901) 832-0737
2 in this area
27 Total Sales
-
Jonathan Nunez
Buyer's Agent in 2024
Jonathan Nunez
Fast Track Realty, LLC
(901) 453-8455
23 in this area
416 Total Sales
Map
Source: Realtracs
MLS Number: 3055147
APN: 05-9080-0-0019
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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