NOT LISTED FOR SALE

1147 Mount Vernon Rd Memphis, TN 38111

Orange Mound Neighborhood

Estimated Value: $83,000 - $147,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$79/Sq Ft Est. Value

Last Sold January 07, 2016

Last sale price $31,649 $23 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $622/month

22 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • Tile Flooring
  • Some Wood Windows
  • Brick Veneer
  • Level Lot

About This Home

As of January 2016

REO PROPERTY-BANK OWNED. PROPERTY SOLD AS IS. The Listing Broker & Seller assume no responsibility & make no guarantees, warranties or representations as to accuracy of the property information or photographs. Buyer to turn on Utilities for INSPECTIONS.

Last Agent to Sell the Property

Courtney Read

Vylla Home License #323369 Listed on: 11/17/2015

Last Buyer's Agent

George Merryfield

Leco Realty, Inc. License #285635

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,243 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Living Room with Fireplace

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Community Details

  • Park Grove 1St,2Nd,3Rd&4Th Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 059086 00015

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: PARK GROVE
  • List Price Per Sq Ft: 26
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1243
  • Year Built: 1948
  • Special Features: 20
  • 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
  • Fireplace: In Living Room
  • Floors/Ceilings: Wood Laminate Floors, Tile, Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1

Exterior Features

  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level
  • Lot Number: 49
  • Acreage: 0.21
  • Lot Size: 9148

Tax Info

  • Assessor Parcel Number: 059086 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2015
Closed on
Jan 6, 2016
Sold by
Wells Fargo Bank Na
Bought by
South Pointe Property Fund Llc
Seller's Agent
Courtney Read
Vylla Home
Buyer's Agent
George Merryfield
Leco Realty, Inc.
List Price
$38,700
Sold Price
$31,649
Premium/Discount to List
-$7,051
-18.22%
Current Estimated Value
$110,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,840
Avg. Annual Appreciation
13.22%

Purchase Details

Closed on
Sep 10, 2015
Sold by
Lang Linda
Bought by
Wells Fargo Bank Na and Option One Mortgage Loan Trust

Purchase Details

Closed on
Feb 11, 1998
Sold by
Lang Mattie B
Bought by
Lang Mattie B and Lang Linda
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
South Pointe Property Fund Llc $31,649 Attorney
Wells Fargo Bank Na $67,400 None Available
Lang Mattie B -- --
Lang Mattie B -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2016 01/07/16 Sold $31,649 -18.2% $26 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
11/17/2015 11/17/15 For Sale $38,700 -- $32 / 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 $571 $21,875 $2,450 $19,425
2024 $571 $16,850 $1,000 $15,850
2023 $1,026 $16,850 $1,000 $15,850
2022 $1,026 $16,850 $1,000 $15,850
2021 $581 $16,850 $1,000 $15,850
2020 $938 $12,950 $1,000 $11,950
2019 $414 $12,950 $1,000 $11,950
2018 $414 $12,950 $1,000 $11,950
2017 $424 $12,950 $1,000 $11,950
2016 $566 $12,950 $0 $0
2014 $566 $12,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Courtney Read

    Vylla Home

    (901) 282-5624

    1 in this area

    479 Total Sales

    Courtney Read
    Section Image

  • G

    Buyer's Agent in 2016

    George Merryfield

    Leco Realty, Inc.

    (901) 289-6772

    23 Total Sales

    George Merryfield
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9965543

Memphis Area Association of REALTORS®

APN: 05-9086-0-0015

Tennessee Shelby County Memphis 38111 Orange Mound

1147 Mount Vernon Rd, Memphis, TN

Not Listed for Sale

Detached

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