NOT LISTED FOR SALE

1159 Marbro Dr Memphis, TN 38114

Orange Mound Neighborhood

Estimated Value: $73,000 - $113,000

2 Beds
2 Baths
1,400-1,599 Sq Ft
$60/Sq Ft Est. Value

Last Sold September 28, 2015

Last sale price $15,000 $9 Per Sq Ft

Est. 538% increase in value since last sale

Current estimated payment $550/month

26 Days on Market

About This Home

As of September 2015

This home is located at 1159 Marbro Dr, Memphis, TN 38114 since 21 August 2015 and is currently estimated at $95,705, approximately $68 per square foot. This property was built in 1948. 1159 Marbro Dr is a home located in Shelby County with nearby schools including Peabody Elementary School, Central High School, and Hanley Schoool - Middle.

Last Agent to Sell the Property

Spencer Shadrach

Crestcore Realty, LLC License #328717 Listed on: 08/21/2015

Last Buyer's Agent

Robin Phillips

BEST Real Estate Company License #305811

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $356

Year Built

  • Built in 1948

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 75x120
  • Chain Link Fence

Parking

  • Driveway

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,477 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating

Community Details

  • Fairview Park S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 029038 00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$356

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 748C
  • MAAR Subdivision Name: FAIRVIEW PARK
  • List Price Per Sq Ft: 12
  • Number Of Stories: 1
  • Price Per Sq Ft: 10.16
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1477
  • Year Built: 1948
  • 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
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Chain Fence

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Central

Lot Info

  • Lot Number: 14
  • Acreage: 0.2
  • Lot Size: 75X120
  • Price Per Acre: 87500

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 029038 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2015
Closed on
Sep 22, 2015
Sold by
Buige Shawn
Bought by
Robinson Willie
Seller's Agent
Spencer Shadrach
Crestcore Realty, LLC
Buyer's Agent
Robin Phillips
BEST Real Estate Company
List Price
$17,500
Sold Price
$15,000
Premium/Discount to List
-$2,500
-14.29%
Current Estimated Value
$95,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,705
Avg. Annual Appreciation
22.03%

Purchase Details

Closed on
Jul 29, 2015
Sold by
Little Derotha and Murry Annie
Bought by
Buige Shawn

Purchase Details

Closed on
Apr 1, 2004
Sold by
Bolden Ison and Bolden Jerry
Bought by
Little Derotha and Murry Annie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Robinson Willie $15,000 Preferred Title & Escrow Llc
Buige Shawn $2,000 Attorney
Little Derotha $58,000 Community Equity & Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Little Derotha $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2015 09/28/15 Sold $15,000 -14.3% $11 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $17,500 -- $13 / 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 $356 $12,550 $2,250 $10,300
2024 $356 $10,500 $1,000 $9,500
2023 $640 $10,500 $1,000 $9,500
2022 $640 $10,500 $1,000 $9,500
2021 $647 $10,500 $1,000 $9,500
2020 $618 $8,525 $1,000 $7,525
2019 $618 $8,525 $1,000 $7,525
2018 $618 $8,525 $1,000 $7,525
2017 $350 $8,525 $1,000 $7,525
2016 $359 $8,225 $0 $0
2014 $359 $8,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Spencer Shadrach

    Crestcore Realty, LLC

  • R

    Buyer's Agent in 2015

    Robin Phillips

    BEST Real Estate Company

    (901) 826-2942

    3 Total Sales

    Robin Phillips
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9959499

Memphis Area Association of REALTORS®

APN: 02-9038-0-0020

Tennessee Shelby County Memphis 38114 Orange Mound

1159 Marbro Dr, Memphis, TN

This home is located at 1159 Marbro Dr, Memphis, TN 38114 since 21 August 2015 and is currently estimated at $95,705, approximately $59 per square foot. This property was built in 1948. 1159 Marbro Dr is a home located in Shelby County with nearby schools including Peabody Elementary School, Central High School, and Hanley Schoool - Middle.

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