NOT LISTED FOR SALE

117 E Mallory Ave Memphis, TN 38109

South Memphis Neighborhood

Estimated Value: $56,000 - $74,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$48/Sq Ft Est. Value

Last Sold November 24, 2017

Last sale price $14,929 $11 Per Sq Ft

Est. 400% increase in value since last sale

Current estimated payment $420/month

59 Days on Market

Highlights

  • Separate Formal Living Room
  • Tile Flooring
  • Level Lot
  • 1 Car Attached Garage
  • Central Air
  • 1-Story Property

About This Home

As of November 2017

A rare investment opportunity is available in Memphis. The property offers 3 bedrooms and 2 bathrooms. Although it was built in 1960 it still has a lot of charm. You have the opportunity to customize this home to suit your needs or become a rental property. Whether you wish to avoid a lengthy commute or want extra income this property should be in your sights.

Last Agent to Sell the Property

Courtney Read

Vylla Home License #323369 Listed on: 08/18/2017

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,224 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Community Details

  • New South Memphis Blk 6 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050076 00026

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: NEW SOUTH MEMPHIS BLK 6
  • List Price Per Sq Ft: 11
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1224
  • Year Built: 1960
  • 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
  • Floors/Ceilings: Wall to Wall Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room

Exterior Features

  • Exterior Windows: Vinyl Siding

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A

Utilities

  • Cooling: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 9 and 10
  • Acreage: 0.11
  • Lot Size: 5100

Tax Info

  • Assessor Parcel Number: 050076 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Nov 20, 2017
Sold by
Deutsche Bank National Trust Co
Bought by
Hoskins Mattie
Seller's Agent
Courtney Read
Vylla Home
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$13,000
Sold Price
$14,929
Premium/Discount to List
$1,929
14.84%
Current Estimated Value
$74,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,712
Avg. Annual Appreciation
20.50%

Purchase Details

Closed on
Jul 3, 2017
Sold by
Williams Dorsey and Benward Sarah
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 24, 1998
Sold by
C & R Investments Inc
Bought by
Williams Dorsey and Benward Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,400
Interest Rate
6.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 21, 1997
Sold by
Weiss Arnold M
Bought by
Hud
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
Hoskins Mattie $14,000 Premium Title Services Inc
Deutsche Bank National Trust Company $5,100 None Available
Williams Dorsey $53,500 --
Williams Dorsey $53,500 --
Hud $29,500 --
Hud $29,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Dorsey $13,400
Closed Williams Dorsey $40,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2017 11/24/17 Sold $14,929 +14.8% $12 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $13,000 -- $11 / 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 -- $10,300 $1,250 $9,050
2024 -- $5,675 $1,000 $4,675
2023 $346 $5,675 $1,000 $4,675
2022 $346 $5,675 $1,000 $4,675
2021 $350 $5,675 $1,000 $4,675
2020 $373 $5,150 $1,000 $4,150
2019 $373 $5,150 $1,000 $4,150
2018 $373 $5,150 $1,000 $4,150
2017 $212 $5,150 $1,000 $4,150
2016 $248 $5,675 $0 $0
2014 $248 $5,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Courtney Read

    Vylla Home

    (901) 282-5624

    1 in this area

    478 Total Sales

    Courtney Read
    Section Image

  • N

    Buyer's Agent in 2017

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10009479

Memphis Area Association of REALTORS®

APN: 05-0076-0-0026

Tennessee Shelby County Memphis 38109 South Memphis

117 E Mallory Ave, Memphis, TN

Not Listed for Sale

Detached

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