NOT LISTED FOR SALE

1238 Will Scarlet Rd Memphis, TN 38111

Audubon Park Neighborhood

Estimated Value: $78,000 - $158,000

3 Beds
2 Baths
1,335 Sq Ft
$85/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $53,500 $40 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $633/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Patio
  • Wood Flooring
  • Porch

About This Home

As of April 2018

Lovely home for sale that has 3 bedrooms and 2 bathrooms in Sherwood Forest area. Home has hardwood floors and was rehabbed in 2017. This is an investment opportunity and there is a tenant in the property. Could be a great option for an investor.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 04/01/2018

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 04/01/2018

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $454

Year Built

  • Built in 1948

Lot Details

  • 6,534 Sq Ft Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,335 Sq Ft Home
  • 1.6-Story Property
  • Some Wood Windows

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Community Details

  • Sherwood Forest 4Th Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058074 00048

Home Details

Home Type

Single Family

Est. Annual Taxes

$454

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 758D
  • MAAR Subdivision Name: SHERWOOD FOREST 4TH ADD
  • List Price Per Sq Ft: 49
  • Number Of Stories: 1.6
  • Price Per Sq Ft: 40.07
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1335
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Pantry
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 35
  • Acreage: 0.15
  • Price Per Acre: 432667

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 058074 00048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2019
Sold by
Neighborhood Revival Llc
Bought by
Nhr Memphis I Llc
Current Estimated Value
$113,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,352,375
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2018
Sold by
Wessel Peter
Bought by
Neighborhood Revival Llc

Purchase Details

Listed on
Apr 1, 2018
Closed on
Apr 27, 2018
Sold by
Avertice Llc
Bought by
Wessel Peter
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$64,900
Sold Price
$53,500
Premium/Discount to List
-$11,400
-17.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%

Purchase Details

Closed on
Jul 21, 2017
Sold by
Warren Frank
Bought by
Avertice Llc

Purchase Details

Closed on
Oct 18, 2005
Sold by
Wark Christopher
Bought by
Warren Frank

Purchase Details

Closed on
Sep 6, 2005
Sold by
Ib Property Holdings Llc
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
Apr 29, 2005
Sold by
Tennessee Housing Development Agency
Bought by
Hud

Purchase Details

Closed on
Apr 28, 2005
Sold by
Taylor Cheryl V
Bought by
Ib Property Holdings Llc

Purchase Details

Closed on
Aug 10, 2001
Sold by
Mcclelland Terence D and Mcclelland Laquita J
Bought by
Taylor Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,474
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 1996
Sold by
Stamps Anthony L and Stamps Deborah R
Bought by
Mcclelland Terence D and Mcclelland Laquita J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,771
Interest Rate
7.57%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nhr Memphis I Llc -- Os National Llc
Neighborhood Revival Llc -- None Available
Wessel Peter $53,500 Nexus Title & Escrow Llc
Wessell Peter $53,500 Nexus Title & Escrow Llc
Avertice Llc $35,000 None Available
Warren Frank -- --
Tennessee Housing Development Agency -- --
Hud $69,304 --
Ib Property Holdings Llc $69,304 --
Taylor Cheryl $67,000 --
Mcclelland Terence D $58,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Nhr Memphis I Llc $2,352,375
Previous Owner Taylor Cheryl $66,474
Previous Owner Mcclelland Terence D $57,771
Closed Taylor Cheryl $2,211
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2018 04/27/18 Sold $53,500 -17.6% $40 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
04/01/2018 04/01/18 For Sale $64,900 0.0% $49 / Sq Ft
09/25/2017 09/25/17 Rented $800 0.0% --
09/25/2017 09/25/17 Under Contract -- -- --
08/30/2017 08/30/17 For Rent $800 -- --
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 $454 $25,700 $2,475 $23,225
2024 $454 $13,400 $1,875 $11,525
2023 $816 $13,400 $1,875 $11,525
2022 $816 $13,400 $1,875 $11,525
2021 $462 $13,400 $1,875 $11,525
2020 $826 $11,400 $1,875 $9,525
2019 $364 $11,400 $1,875 $9,525
2018 $364 $11,400 $1,875 $9,525
2017 $373 $11,400 $1,875 $9,525
2016 $459 $10,500 $0 $0
2014 $459 $10,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2018

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    80 in this area

    1,206 Total Sales

    Tyler Tapley
    Section Image
  • Angela Cage

    Seller's Agent in 2017

    Angela Cage

    Harris & Harris Realty Group

    (901) 231-1010

    89 Total Sales

    Angela Cage
    Section Image

  • A

    Buyer's Agent in 2017

    April Hobbs

    Life, REALTORS

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10023645

Memphis Area Association of REALTORS®

APN: 05-8074-0-0048

Tennessee Shelby County Memphis 38111 Audubon Park

1238 Will Scarlet Rd, Memphis, TN

This home is located at 1238 Will Scarlet Rd, Memphis, TN 38111 since 01 April 2018 and is currently estimated at $113,447, approximately $84 per square foot. This property was built in 1948. 1238 Will Scarlet Rd is a home located in Shelby County with nearby schools including Sherwood Elementary School, Sherwood Middle, and Melrose High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes