NOT LISTED FOR SALE

1056 Patton St Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $59,000 - $105,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$72/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $111,000 $93 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $493/month

31 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • Tile Flooring
  • 1-minute walk to Gaston Park

About This Home

As of June 2024

This home is located at 1056 Patton St, Memphis, TN 38106 since 18 May 2024 and is currently estimated at $85,873, approximately $85 per square foot. This property was built in 2007. 1056 Patton St is a home located in Shelby County with nearby schools including Larose Elementary School, Booker T. Washington Middle & High School, and Soulsville Charter School.

Last Agent to Sell the Property

Caleb Parr

Renshaw Company, REALTORS License #340494 Listed on: 05/18/2024

Last Buyer's Agent

Caleb Parr

Renshaw Company, REALTORS License #340494 Listed on: 05/18/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $294

Year Built

  • Built in 2007

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 27x167
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,080 Sq Ft Home
  • 2-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Iron Doors

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Hays Subdivision

Listing and Financial Details

  • Assessor Parcel Number 013031 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$294

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 745E
  • MAAR Subdivision Name: HAYS
  • Number Of Stories: 2
  • Price Per Sq Ft: 102.78
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1080
  • Year Built: 2007
  • List Price/ Sq Ft: 106
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Floors/Ceilings: Part Carpet, Tile, Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 5
  • Acreage: 0.1
  • Lot Size: 27X167
  • Price Per Acre: 1150000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 013031 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2024
Closed on
Jun 18, 2024
Sold by
Straightline Investments Llc
Bought by
Musni Teresa M
Seller's Agent
Caleb Parr
Renshaw Company, REALTORS
Buyer's Agent
Caleb Parr
Renshaw Company, REALTORS
List Price
$115,000
Sold Price
$111,000
Premium/Discount to List
-$4,000
-3.48%
Views
1
Current Estimated Value
$85,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,127
Avg. Annual Appreciation
-8.88%
Original Mortgage
$88,800
Outstanding Balance
$87,990
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$11,379

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 5, 2024
Sold by
1056 Patton Street Trust and Fomo In Memphis Llc
Bought by
Straightline Investments Llc
Seller's Agent
Matt Holt
Premier Realty Group, LLC
Buyer's Agent
Matt Holt
Premier Realty Group, LLC
List Price
$40,000
Sold Price
$40,000
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16355.65%

Purchase Details

Closed on
Feb 9, 2019
Sold by
1061 Scranton Street Trust
Bought by
1056 Patton Street Trust and Fomo In Memphis Llc

Purchase Details

Closed on
Sep 27, 2018
Sold by
Fomo In Memphis Llc
Bought by
1061 Scranton Street Trust and Fomo In Memphis Llc

Purchase Details

Closed on
Aug 29, 2018
Sold by
Ra Capitla Llc
Bought by
Fomo In Memphis Llc

Purchase Details

Closed on
Aug 24, 2018
Sold by
Redrock Energy Llc
Bought by
Ra Capital Llc

Purchase Details

Closed on
Jan 29, 2007
Sold by
Buehler Harold E and Buehler Jo Ellen
Bought by
Memphis 2006 Llc

Purchase Details

Closed on
Mar 6, 2002
Sold by
County Of Shelby
Bought by
Buehler Harold E
Source: Public Records

Range of Values:

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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
Musni Teresa M $111,000 Foundation Title
Straightline Investments Llc $40,000 None Listed On Document
1056 Patton Street Trust -- None Available
1061 Scranton Street Trust -- None Available
Fomo In Memphis Llc $31,350 Boston National Title Llc
Ra Capital Llc $19,000 Boston National Title Agency
Memphis 2006 Llc -- None Available
Buehler Harold E $200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musni Teresa M $88,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $111,000 -3.5% $111 / Sq Ft
05/18/2024 05/18/24 For Sale $115,000 +187.5% $115 / Sq Ft
04/05/2024 04/05/24 Sold $40,000 0.0% $40 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $40,000 -- $40 / 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 $294 $27,850 $1,750 $26,100
2024 $294 $8,675 $875 $7,800
2023 $528 $8,675 $875 $7,800
2022 $528 $8,675 $875 $7,800
2021 $535 $8,675 $875 $7,800
2020 $634 $8,750 $875 $7,875
2019 $280 $8,750 $875 $7,875
2018 $280 $8,750 $875 $7,875
2017 $286 $8,750 $875 $7,875
2016 $425 $9,725 $0 $0
2014 $425 $9,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Caleb Parr

    Seller's Agent in 2024

    Caleb Parr

    Renshaw Company, REALTORS

    (901) 484-0478

    25 in this area

    400 Total Sales

    Caleb Parr
    Section Image
  • Matt Holt

    Seller's Agent in 2024

    Matt Holt

    Premier Realty Group, LLC

    (901) 820-4367

    1 in this area

    28 Total Sales

    Matt Holt
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10174988

Memphis Area Association of REALTORS®

APN: 01-3031-0-0021

Tennessee Shelby County Memphis 38106 South Memphis

1056 Patton St, Memphis, TN

This home is located at 1056 Patton St, Memphis, TN 38106 since 18 May 2024 and is currently estimated at $85,873, approximately $71 per square foot. This property was built in 2007. 1056 Patton St is a home located in Shelby County with nearby schools including Larose Elementary School, Booker T. Washington Middle & High School, and Soulsville Charter School.

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