NOT LISTED FOR SALE

1222 Tutwiler Ave Memphis, TN 38107

Crosstown Neighborhood

Estimated Value: $99,000 - $144,805

3 Beds
1 Bath
1,400-1,599 Sq Ft
$78/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $120,000 $75 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $734/month

Highlights

  • Porch
  • Wood Fence
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of September 2021

PROFESSIONALLY MANAGED PROPETY BY REEDY AND COMPANY FOR $795 PER MO. SEE MLS DOCUMENTS FOR RENT ROLL AND LEASE FOR CURRENT TENANT. LEASE END DATE IS 6/30/2022 CASH FLOWING 3 BEDROOM 1 BATH BRICK HOME. 1 CAR CARPORT REHABBED IN 2019 SELLER TAKING SUBJECT TO INSPECTION OFFERS ONLY. PLEASE DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 06/03/2021

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 06/03/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $825

Year Built

  • Built in 1919

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x160
  • Wood Fence

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,409 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Speedway Terr Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021094 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$825

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 744C
  • MAAR Subdivision Name: SPEEDWAY TERRACE BLK A
  • List Price Per Sq Ft: 85
  • Number Of Stories: 1
  • Price Per Sq Ft: 85.17
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1409
  • Year Built: 1919
  • 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: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Wood Fenced
  • Lot Number: 107
  • Acreage: 0.18
  • Lot Size: 50X160
  • Price Per Acre: 666667

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 021094 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2024
Sold by
Martin Dorcus
Bought by
Mitchell Dorcus and Mitchell Jason
Current Estimated Value
$124,701

Purchase Details

Listed on
Jun 3, 2021
Closed on
Nov 3, 2021
Sold by
Copeland William Royal and Copeland Alisa M
Bought by
Martin Dorcus
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$118,316
Interest Rate
2.88%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 2019
Sold by
Rahman Shamsur
Bought by
Copeland William Royal and Copeland Alisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2009
Sold by
Silverado Funding Llc
Bought by
Rahman Shamsur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,750
Interest Rate
5.36%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 14, 2009
Sold by
Coleman Robert W
Bought by
Silverado Funding Llc

Purchase Details

Closed on
Jan 21, 2009
Sold by
Howell Jeff and Skaggs John D
Bought by
Coleman Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,244
Interest Rate
5.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 17, 2008
Sold by
Ertler Dennis
Bought by
Howell Jeff and Skaggs John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,244
Interest Rate
5.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 21, 2008
Sold by
K & E Holding Corp
Bought by
Ertler Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 3, 2006
Sold by
Roden Thomas E
Bought by
K & E Holding Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,150
Interest Rate
6.46%
Mortgage Type
Seller Take Back
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
Mitchell Dorcus -- None Listed On Document
Martin Dorcus $120,000 None Available
Copeland William Royal $62,000 None Available
Rahman Shamsur $49,000 Title & Escrow Services Inc
Silverado Funding Llc -- None Available
Coleman Robert W $29,256 None Available
Howell Jeff $9,000 None Available
Ertler Dennis -- None Available
K & E Holding Corp $33,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Dorcus $118,316
Previous Owner Copeland William Royal $49,600
Previous Owner Rahman Shamsur $52,500
Previous Owner Rahman Shamsur $51,750
Previous Owner Coleman Robert W $52,244
Previous Owner Howell Jeff $28,000
Previous Owner K & E Holding Corp $30,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Sold $120,000 0.0% $86 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/24/2021 06/24/21 Price Changed $120,000 -2.0% $86 / Sq Ft
06/15/2021 06/15/21 Price Changed $122,500 -2.0% $88 / Sq Ft
06/03/2021 06/03/21 For Sale $125,000 -- $89 / 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 $825 $38,025 $5,075 $32,950
2024 $825 $24,350 $2,000 $22,350
2023 $1,483 $24,350 $2,000 $22,350
2022 $1,483 $24,350 $2,000 $22,350
2021 $659 $19,100 $2,000 $17,100
2020 $587 $8,100 $2,000 $6,100
2019 $259 $8,100 $2,000 $6,100
2018 $259 $8,100 $2,000 $6,100
2017 $265 $8,100 $2,000 $6,100
2016 $451 $10,325 $0 $0
2014 $451 $10,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mark Saller

    Reedy Group II, LLC

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10100796

Memphis Area Association of REALTORS®

APN: 02-1094-0-0013

Tennessee Shelby County Memphis 38107 Crosstown

1222 Tutwiler Ave, Memphis, TN

This home is located at 1222 Tutwiler Ave, Memphis, TN 38107 since 03 June 2021 and is currently estimated at $124,701, approximately $77 per square foot. This property was built in 1919. 1222 Tutwiler Ave is a home located in Shelby County with nearby schools including Snowden Elementary/Middle School, Manassas High School, and Perea Elementary School.

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