NOT LISTED FOR SALE

1249 Newark Ave Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $90,201 - $128,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$70/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $16,000 $10 Per Sq Ft

Est. 597% increase in value since last sale

Current estimated payment $616/month

Highlights

  • Traditional Architecture
  • Landscaped
  • Ceiling Fan
  • Separate Formal Living Room
  • Central Heating
  • Partially Carpeted

About This Home

As of May 2021

Priced right on quiet street. Environmental Court Legislation attached to property which new owner would inherit. A member of NPA willing to work with buyer on getting bar on transfer lifted and getting the property in compliance with the city. As-is property. No blind offers, please. *****PRICE REDUCED***** ***BACK ON MARKET*** Returning to the market after a failed contract. Motivated seller. Please bring all offers.

Last Agent to Sell the Property

Evan Park

Fast Track Realty, LLC License #356076 Listed on: 01/18/2021

Co-Listed By

Amy Hill

Fast Track Realty, LLC License #326013

Last Buyer's Agent

Lee Williams

Crye-Leike, Inc., REALTORS License #350265

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $297

Year Built

  • Built in 1952

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Landscaped

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,450 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Partially Carpeted
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating

Community Details

  • Masons Norris Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060016 00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$297

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748F
  • MAAR Subdivision Name: MASONS NORRIS AVE
  • List Price Per Sq Ft: 14
  • Number Of Stories: 1
  • Price Per Sq Ft: 11.03
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1450
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Aluminum/Steel Siding, Aluminum Window(s)

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Central

Lot Info

  • Lot Description: Landscaped
  • Lot Number: 64
  • Acreage: 0.13
  • Lot Size: 50X120
  • Price Per Acre: 153077

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 060016 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
May 27, 2021
Sold by
Mid South Homebuyers Gp
Bought by
Riley Kendell
Seller's Agent
Evan Park
Fast Track Realty, LLC
Buyer's Agent
Lee Williams
Crye-Leike, Inc., REALTORS
List Price
$19,900
Sold Price
$16,000
Premium/Discount to List
-$3,900
-19.6%
Current Estimated Value
$111,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,550
Avg. Annual Appreciation
56.43%

Purchase Details

Listed on
Jan 18, 2021
Closed on
Mar 31, 2021
Sold by
Canopy Llc
Bought by
Mid South Homebuyers Gp
Seller's Agent
Evan Park
Fast Track Realty, LLC
Buyer's Agent
Lee Williams
Crye-Leike, Inc., REALTORS
List Price
$19,900
Sold Price
$16,000
Premium/Discount to List
-$3,900
-19.6%

Purchase Details

Closed on
Dec 8, 2020
Sold by
Smith Gary
Bought by
Canopy Llc

Purchase Details

Closed on
Dec 12, 2012
Sold by
County Of Shelby
Bought by
Smith Gary

Purchase Details

Closed on
Aug 5, 2002
Sold by
Robinson Linda
Bought by
Robinson Stacy
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
Riley Kendell $16,000 Saddle Creek Title Llc
Mid South Homebuyers Gp -- Saddle Creek Title Llc
Canopy Llc $19,000 Preferred Title & Escrow Llc
Smith Gary $4,000 None Available
Robinson Stacy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Canopy Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $16,000 -19.6% $11 / Sq Ft
05/06/2021 05/06/21 For Sale $19,900 0.0% $14 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
02/24/2021 02/24/21 Price Changed $19,900 -20.4% $14 / Sq Ft
01/18/2021 01/18/21 For Sale $25,000 -- $18 / 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 $297 $22,700 $1,550 $21,150
2024 $297 $8,750 $600 $8,150
2023 $533 $8,750 $600 $8,150
2022 $533 $8,750 $600 $8,150
2021 $634 $8,750 $600 $8,150
2020 $270 $8,450 $600 $7,850
2019 $270 $8,450 $600 $7,850
2018 $270 $8,450 $600 $7,850
2017 $276 $8,450 $600 $7,850
2016 $350 $8,000 $0 $0
2014 $350 $8,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Evan Park

    Seller's Agent in 2021

    Evan Park

    Fast Track Realty, LLC

    (501) 940-6037

    3 in this area

    34 Total Sales

    Evan Park
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Amy Hill

    Fast Track Realty, LLC

    (901) 461-8566

    3 in this area

    42 Total Sales

    Amy Hill
    Section Image
  • Lee Williams

    Buyer's Agent in 2021

    Lee Williams

    Crye-Leike, Inc., REALTORS

    (901) 871-4816

    2 in this area

    16 Total Sales

    Lee Williams
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10091958

Memphis Area Association of REALTORS®

APN: 06-0016-0-0023

Tennessee Shelby County Memphis 38106 Southeast Memphis

1249 Newark Ave, Memphis, TN

This home is located at 1249 Newark Ave, Memphis, TN 38106 since 18 January 2021 and is currently estimated at $111,550, approximately $69 per square foot. This property was built in 1952. 1249 Newark Ave is a home located in Shelby County with nearby schools including Hamilton High School, Believe Memphis Academy Charter School, and Memphis College Preparatory.

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