NOT LISTED FOR SALE

1115 Echles St Memphis, TN 38111

East Memphis Neighborhood

Estimated Value: $119,000 - $133,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$89/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $117,500 $84 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $706/month

23 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Central Heating and Cooling System
  • Wood Flooring
  • Brick Veneer
  • Level Lot

About This Home

As of March 2024

Back on the market! 3 Bedroom and 1.5 Bath home in Sherwood Forest neighborhood! Home is near U of M and is centralized within the I 240 loop near lots of eateries, shopping and parks! Home is priced to sell and has been recently turned once the tenant moved out. New tenant on a 2 year lease at $1,095 for the home and the roof and AC are 6 years old! Please contact listing agent for details.

Last Agent to Sell the Property

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 01/19/2024

Last Buyer's Agent

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 01/19/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 101x126
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,340 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Wilshire Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058043 00025

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0.29 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SHERWOOD FOREST
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1340
  • Year Built: 1950
  • 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: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 55
  • Acreage: 0.29
  • Lot Size: 101X126

Tax Info

  • Assessor Parcel Number: 058043 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Mar 20, 2024
Sold by
Godbout Daniel R
Bought by
Elwood Kevin and Elwood Misty
Seller's Agent
Andrew Akins
CB Properties of Memphis, LLC
Buyer's Agent
Andrew Akins
CB Properties of Memphis, LLC
List Price
$122,900
Sold Price
$117,500
Premium/Discount to List
-$5,400
-4.39%
Views
139
Current Estimated Value
$124,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,162
Avg. Annual Appreciation
3.06%
Original Mortgage
$88,125
Outstanding Balance
$86,490
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$38,172

Purchase Details

Listed on
Feb 28, 2017
Closed on
Mar 30, 2017
Sold by
Memphis Turnkey Properties Gp
Bought by
Godbout Daniel R
List Price
$76,900
Sold Price
$76,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$60,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2016
Closed on
Jan 30, 2017
Sold by
Wim Real Estate Investments I Llc
Bought by
Memphis Turnkey Properties Gp
Seller's Agent
George Merryfield
Leco Realty, Inc.
Buyer's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
List Price
$51,900
Sold Price
$38,750
Premium/Discount to List
-$13,150
-25.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2013
Sold by
Fairway Capital Partners Llc
Bought by
Wim Real Estate Investment I Llc

Purchase Details

Closed on
Feb 8, 2001
Sold by
Bank One National Assn
Bought by
Boone Jeff and Boone Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.91%

Purchase Details

Closed on
Mar 3, 2000
Sold by
Liggins Bridgette A
Bought by
Bank One National Assn

Purchase Details

Closed on
May 18, 1999
Sold by
Small William N and Hoffman Sheree L
Bought by
Liggins Bridgette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,400
Interest Rate
9.82%
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
Elwood Kevin $117,500 Home Surety Title & Escrow
Godbout Daniel R $76,900 Saddle Creek Title Llc
Memphis Turnkey Properties Gp $38,750 Saddle Creek Title
Wim Real Estate Investment I Llc $683,850 None Available
Boone Jeff $43,000 --
Boone Jeff $43,000 --
Bank One National Assn $56,950 --
Bank One National Assn $56,950 --
Liggins Bridgette A $56,000 --
Liggins Bridgette A $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elwood Kevin $88,125
Previous Owner Godbout Daniel R $60,000
Previous Owner Memphis Turnkey Properties Gp $6,000
Previous Owner Boone Jeff $47,000
Previous Owner Liggins Bridgette A $56,400
Closed Liggins Bridgette A $9,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2024 03/28/24 Sold $117,500 -4.4% $98 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $122,900 +59.8% $102 / Sq Ft
04/14/2017 04/14/17 Sold $76,900 0.0% $58 / Sq Ft View Prior Sale
04/14/2017 04/14/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $76,900 +98.5% $58 / Sq Ft
02/10/2017 02/10/17 Sold $38,750 -25.3% $29 / Sq Ft View Prior Sale
01/15/2017 01/15/17 Pending -- -- --
11/01/2016 11/01/16 For Sale $51,900 -- $39 / 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 $686 $29,400 $5,125 $24,275
2024 $686 $20,250 $3,575 $16,675
2023 $1,234 $20,250 $3,575 $16,675
2022 $1,234 $20,250 $3,575 $16,675
2021 $1,248 $20,250 $3,575 $16,675
2020 $1,087 $15,000 $2,550 $12,450
2019 $1,087 $15,000 $2,550 $12,450
2018 $1,087 $15,000 $2,550 $12,450
2017 $617 $15,000 $2,550 $12,450
2016 $612 $14,000 $0 $0
2014 $612 $14,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Akins

    Seller's Agent in 2024

    Andrew Akins

    CB Properties of Memphis, LLC

    (901) 277-6567

    23 in this area

    325 Total Sales

    Andrew Akins
    Section Image

  • G

    Seller's Agent in 2017

    George Merryfield

    Leco Realty, Inc.

    (901) 289-6772

    7 in this area

    21 Total Sales

    George Merryfield
    Section Image

  • F

    Buyer's Agent in 2017

    Frank Malvezzi

    CB Properties of Memphis, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10164249

Memphis Area Association of REALTORS®

APN: 05-8043-0-0025

Tennessee Shelby County Memphis 38111 East Memphis

1115 Echles St, Memphis, TN

Not Listed for Sale

Detached

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