NOT LISTED FOR SALE

1123 S Rembert St Memphis, TN 38114

Orange Mound Neighborhood

Estimated Value: $40,000 - $108,000

2 Beds
2 Baths
1,400-1,599 Sq Ft
$46/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $46,000 $29 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $438/month

46 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • 1-Story Property
  • 2 Fireplaces

About This Home

As of August 2023

Great investment opportunity just minutes away from Cooper Young District. Duplex is vacant. Total Rehab. New construction right across the street.

Last Agent to Sell the Property

Jo Mathes

Pinnacle Realty License #272839 Listed on: 06/15/2023

Last Buyer's Agent

Brittany Perry

eXp Realty, LLC License #358387

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $491

Year Built

  • Built in 1927

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 52x101

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,431 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Separate Formal Living Room
  • Iron Doors

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System

Community Details

  • Flower Garden Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031114 00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$491

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748C
  • MAAR Subdivision Name: FLOWER GARDEN
  • Number Of Stories: 1
  • Price Per Sq Ft: 32.15
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1431
  • Year Built: 1927
  • List Price/ Sq Ft: 34
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 2
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Utilities

  • Cooling: Window Unit(s)

Lot Info

  • Lot Number: S PTS 26
  • Acreage: 0.12
  • Lot Size: 52X101
  • Price Per Acre: 400000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 031114 00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2024
Sold by
Bennett Ma Claudia
Bought by
Mcs Homes Llc
Current Estimated Value
$71,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,400
Outstanding Balance
$84,336
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
-$10,647

Purchase Details

Listed on
Jun 15, 2023
Closed on
Aug 31, 2023
Sold by
Gigger Samuel
Bought by
Bennett Maclaudia
Seller's Agent
Jo Mathes
Pinnacle Realty
Buyer's Agent
Brittany Perry
eXp Realty, LLC
List Price
$48,000
Sold Price
$46,000
Premium/Discount to List
-$2,000
-4.17%
Views
235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.49%
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
Mcs Homes Llc $14,480 Priority Title & Escrow
Bennett Maclaudia $46,000 Erickson Title & Closing
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcs Homes Llc $85,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $46,000 -4.2% $33 / Sq Ft
08/13/2023 08/13/23 For Sale $48,000 0.0% $34 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
06/27/2023 06/27/23 Price Changed $48,000 -4.0% $34 / Sq Ft
06/15/2023 06/15/23 For Sale $50,000 -- $36 / 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 $491 $11,880 $6,200 $5,680
2024 -- $14,480 $1,600 $12,880
2023 $882 $14,480 $1,600 $12,880
2022 $882 $14,480 $1,600 $12,880
2021 $892 $14,480 $1,600 $12,880
2020 $1,330 $18,360 $1,600 $16,760
2019 $1,330 $18,360 $1,600 $16,760
2018 $1,330 $18,360 $1,600 $16,760
2017 $755 $18,360 $1,600 $16,760
2016 $787 $18,000 $0 $0
2014 $787 $18,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jo Mathes

    Seller's Agent in 2023

    Jo Mathes

    Pinnacle Realty

    (901) 490-0092

    4 in this area

    94 Total Sales

    Section Image

  • B

    Buyer's Agent in 2023

    Brittany Perry

    eXp Realty, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10150279

Memphis Area Association of REALTORS®

APN: 03-1114-0-0024

Tennessee Shelby County Memphis 38114 Orange Mound

1123 S Rembert St, Memphis, TN

This home is located at 1123 S Rembert St, Memphis, TN 38114 since 15 June 2023 and is currently estimated at $73,689, approximately $46 per square foot. This property was built in 1927. 1123 S Rembert St is a home located in Shelby County with nearby schools including Central High School, Hanley School - Elementary, and Hanley Schoool - Middle.

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