NOT LISTED FOR SALE

1042 Springdale St Memphis, TN 38108

Hyde Park Neighborhood

Estimated Value: $128,000 - $185,025

2 Beds
1 Bath
1,907 Sq Ft
$84/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $189,900 $100 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $940/month

33 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Eat-In Kitchen
  • Partially Carpeted

About This Home

As of August 2023

INVESTORS ONLY!! DO NOT DISTURB TENANT. Duplex Rented for $1,670/month, managed by a Local Professional Management Company. Unit 1042- rented for $875, lease expires 3/31/2024, tenant moved in 4/1/2022. Unit 1044- rented for $795, lease expires 3/31/2024, tenant moved in 3/4/2021. Renovated in December 2017. Maintenance records, leases and ledgers available upon request. Showings only with accepted offer.

Last Agent to Sell the Property

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 06/09/2023

KAIZEN Realty, LLC

Last Buyer's Agent

Raychel Day

C21 Patterson & Assoc. Real Es License #336200

C21 Patterson & Assoc. Real Es

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $887

Year Built

  • Built in 1948

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 63x140
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,907 Sq Ft Home
  • 1.2-Story Property
  • Partially Carpeted
  • Eat-In Kitchen

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Joe Shankmans Palmer Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 042039 00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$887

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 742D
  • MAAR Subdivision Name: PALMER HILLS
  • Freestanding: Yes
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 99.58
  • Estimated Sq Ft: 1907
  • Year Built: 1948
  • List Price/ Sq Ft: 100
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Carpet

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 5
  • Acreage: 0.19
  • Lot Size: 63X140
  • Price Per Acre: 999474

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 042039 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Aug 21, 2023
Sold by
Andersen Timothy
Bought by
Blackman Jeremy
Seller's Agent
Jeremy Veldman
KAIZEN Realty, LLC
Buyer's Agent
Raychel Day
C21 Patterson & Assoc. Real Es
List Price
$189,900
Sold Price
$189,900
Views
6
Current Estimated Value
$160,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,644
Avg. Annual Appreciation
-2.95%
Original Mortgage
$151,920
Outstanding Balance
$149,029
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$29,528

Purchase Details

Closed on
Feb 23, 2018
Sold by
Mid South Home Buyers Inc
Bought by
Anderson Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2017
Sold by
Wilmington Savings Fund Society
Bought by
Mid South Homebuyers Inc

Purchase Details

Closed on
Apr 13, 2017
Sold by
Nelson Thelma
Bought by
Wilmington Saving Fund Society Fsb
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Blackman Jeremy $189,900 Saddle Creek Title
Anderson Timothy $119,000 Saddle Creek Title Llc
Mid South Homebuyers Inc $14,000 None Available
Wilmington Saving Fund Society Fsb $18,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackman Jeremy $151,920
Previous Owner Anderson Timothy $89,250
Previous Owner Nelson Thelma $137,250
Previous Owner Nelson James $54,982
Previous Owner Nelson James $38,000
Closed Mid South Homebuyers Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $189,900 0.0% $100 / Sq Ft
06/09/2023 06/09/23 For Sale $189,900 -- $100 / 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 $887 $77,880 $4,320 $73,560
2024 $887 $26,160 $2,200 $23,960
2023 $1,594 $26,160 $2,200 $23,960
2022 $887 $26,160 $2,200 $23,960
2021 $1,612 $26,160 $2,200 $23,960
2020 $1,672 $23,080 $2,200 $20,880
2019 $1,672 $23,080 $2,200 $20,880
2018 $1,672 $23,080 $2,200 $20,880
2017 $593 $14,425 $1,375 $13,050
2016 $623 $14,250 $0 $0
2014 $623 $14,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Veldman

    Seller's Agent in 2023

    Jeremy Veldman

    KAIZEN Realty, LLC

    (901) 221-4041

    2 in this area

    213 Total Sales

    Jeremy Veldman
    Section Image
  • Raychel Day

    Buyer's Agent in 2023

    Raychel Day

    C21 Patterson & Assoc. Real Es

    (901) 619-7027

    1 in this area

    102 Total Sales

    Raychel Day
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10149743

Memphis Area Association of REALTORS®

APN: 04-2039-0-0014

Tennessee Shelby County Memphis 38108 Hyde Park

1042 Springdale St, Memphis, TN

This home is located at 1042 Springdale St, Memphis, TN 38108 since 09 June 2023 and is currently estimated at $160,256, approximately $84 per square foot. This property was built in 1948. 1042 Springdale St is a home located in Shelby County with nearby schools including Snowden Elementary/Middle School, Manassas High School, and Promise Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes