NOT LISTED FOR SALE

Estimated Value: $86,000 - $119,000

2 Beds
1 Bath
984 Sq Ft
$103/Sq Ft Est. Value

About This Home

This home is located at 1164 Gibbons Ave, Memphis, TN 38127 and is currently estimated at $101,616, approximately $103 per square foot. 1164 Gibbons Ave is a home located in Shelby County with nearby schools including Westside Elementary School, Trezevant High School, and Compass Community School Frayser Campus.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2023
Sold by
Memphis Real Estate Ventures Llc
Bought by
Lerch Kenneth J and Lerch Kim E
Current Estimated Value
$101,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,925
Outstanding Balance
$81,199
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$20,417

Purchase Details

Closed on
Oct 5, 2022
Sold by
Hayslett Sharon
Bought by
Memphis Real Estate Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2012
Sold by
Hayslett Shirley
Bought by
Hayslett Sharon

Purchase Details

Closed on
Feb 26, 2009
Sold by
Hayslett Wesley B
Bought by
Hayslett Shirley

Purchase Details

Closed on
Oct 24, 2008
Sold by
Midfirst Bank
Bought by
Hayslett Wesley

Purchase Details

Closed on
Jan 7, 2008
Sold by
Hud
Bought by
Midfirst Bank

Purchase Details

Closed on
Mar 14, 2007
Sold by
Dew Cora Gayle
Bought by
Hud

Purchase Details

Closed on
Jan 10, 1997
Sold by
Woodard William and Woodard Laura L
Bought by
Dew Cora Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,659
Interest Rate
7.53%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lerch Kenneth J $111,900 Nexus Title & Escrow
Memphis Real Estate Ventures Llc $35,000 Nexus Title & Escrow
Hayslett Sharon -- None Available
Hayslett Shirley -- None Available
Hayslett Wesley $4,000 None Available
Midfirst Bank -- None Available
Hud $48,720 None Available
Dew Cora Gayle $38,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lerch Kenneth J $83,925
Previous Owner Memphis Real Estate Ventures Llc $70,000
Previous Owner Dew Cora Gayle $38,659
Source: Public Records

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 $570 $21,975 $1,750 $20,225
2024 $570 $16,825 $1,425 $15,400
2023 $1,025 $16,825 $1,425 $15,400
2022 $783 $12,850 $1,425 $11,425
2021 $930 $12,850 $1,425 $11,425
2020 $507 $7,000 $1,425 $5,575
2019 $224 $7,000 $1,425 $5,575
2018 $224 $7,000 $1,425 $5,575
2017 $229 $7,000 $1,425 $5,575
2016 $347 $7,950 $0 $0
2014 $347 $7,950 $0 $0
Source: Public Records

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