NOT LISTED FOR SALE

1150 Parkrose Ave Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $107,000 - $127,492

3 Beds
2 Baths
1,400-1,599 Sq Ft
$76/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $60,000 $38 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $681/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Brick Veneer
  • Separate Formal Living Room
  • 1 Car Attached Garage
  • Patio

About This Home

As of March 2019

This is a fantastic opportunity to own an income producing investment property. Currently tenant occupied and professionally managed by a local reputable company. *PLEASE DO NOT DISTURB TENANTS* The same tenants have occupied the home since 2011. Current rent is $858 monthly. Lease ends 3/31/2019. New roof in 2011, new furnace in 2014. Lots of character here! Please make offer contingent on inspection.

Last Agent to Sell the Property

Danielle Holland

Reedy & Company, REALTORS License #331914 Listed on: 02/08/2019

Last Buyer's Agent

Bryan Rhoads

LKV Realty, LLC License #347029

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 70 x 145
  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

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

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,587 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Pull Down Stairs to Attic
  • Oven or Range

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Westwood Hills Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 082039 00023

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WESTWOOD HILLS BLK A
  • List Price Per Sq Ft: 45
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1587
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs
  • Other Rooms: Laundry Room
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Chain Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s), Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 67
  • Acreage: 0.23
  • Lot Size: 70 X 145

Tax Info

  • Assessor Parcel Number: 082039 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Vb One Llc
Bought by
Vb Two Llc
Current Estimated Value
$121,123

Purchase Details

Listed on
Feb 8, 2019
Closed on
Mar 14, 2019
Sold by
Jandy Super Fund Llc
Bought by
Vb One Llc
Seller's Agent
Danielle Holland
Reedy & Company, REALTORS
Buyer's Agent
Bryan Rhoads
LKV Realty, LLC
List Price
$71,500
Sold Price
$60,000
Premium/Discount to List
-$11,500
-16.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%

Purchase Details

Closed on
Mar 11, 2011
Sold by
Memphis Investment Rental Properties Llc
Bought by
Jandy Super Fund Llc

Purchase Details

Closed on
Feb 25, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Memphis Investment Rental Properties Llc

Purchase Details

Closed on
Jun 25, 2010
Sold by
Tate Chandra M and Tate Michael
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 31, 1995
Bought by
Tate Chandra M

Purchase Details

Closed on
Mar 22, 1995
Bought by
Tenn Siding And Rehab Co I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Vb Two Llc -- None Available
Vb One Llc $60,000 Total Title Services
Jandy Super Fund Llc $51,000 Tam Title & Escrow Llc
Memphis Investment Rental Properties Llc $24,000 Multiple
Federal Home Loan Mortgage Corporation $46,692 None Available
Tate Chandra M $55,000 --
Tenn Siding And Rehab Co I $10,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2019 03/22/19 Sold $60,000 -16.1% $43 / Sq Ft
02/08/2019 02/08/19 For Sale $71,500 -- $51 / 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 $692 $29,375 $3,000 $26,375
2024 $692 $20,400 $2,250 $18,150
2023 $1,243 $20,400 $2,250 $18,150
2022 $1,243 $20,400 $2,250 $18,150
2021 $1,477 $20,400 $2,250 $18,150
2020 $1,098 $15,150 $2,250 $12,900
2019 $484 $15,150 $2,250 $12,900
2018 $484 $15,150 $2,250 $12,900
2017 $496 $15,150 $2,250 $12,900
2016 $636 $14,550 $0 $0
2014 $636 $14,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danielle Holland

    Seller's Agent in 2019

    Danielle Holland

    Reedy & Company, REALTORS

    (901) 489-2093

    2 in this area

    199 Total Sales

    Danielle Holland
    Section Image

  • B

    Buyer's Agent in 2019

    Bryan Rhoads

    LKV Realty, LLC

    (844) 453-1398

    1 in this area

    27 Total Sales

    Bryan Rhoads
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10045686

Memphis Area Association of REALTORS®

APN: 08-2039-0-0023

Tennessee Shelby County Memphis 38109 Westwood

1150 Parkrose Ave, Memphis, TN

Not Listed for Sale

Detached

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