NOT LISTED FOR SALE

1283 Wells Station Rd Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $82,000 - $116,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$78/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $75,000 $63 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $556/month

53 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Wood Flooring
  • Some Wood Windows
  • Level Lot

About This Home

As of August 2023

Great Investment Opp. Tenant Occupied $800/Month Do Not Disturb Tenants Please Write Offers Contingent on Showings/Inspections

Last Agent to Sell the Property

Tonya McDowell

The Stamps Real Estate Company License #301680 Listed on: 05/15/2023

Last Buyer's Agent

Itzel Sanchez Bustamante

Keller Williams License #333024

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 57x140
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,092 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Iron Doors

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Wells Terrace A,B,C&E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053063 00005

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752D
  • MAAR Subdivision Name: WELLS TERRACE
  • Number Of Stories: 1
  • Price Per Sq Ft: 68.68
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1092
  • Year Built: 1950
  • List Price/ Sq Ft: 92
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 1
  • Acreage: 0.18
  • Lot Size: 57X140
  • Price Per Acre: 555556

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 053063 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Aug 10, 2023
Sold by
Alabsawi Musa
Bought by
Goldstar Homes Llc
Seller's Agent
Tonya McDowell
The Stamps Real Estate Company
Buyer's Agent
Itzel Sanchez Bustamante
Keller Williams
List Price
$100,000
Sold Price
$75,000
Premium/Discount to List
-$25,000
-25%
Total Days on Market
53
Views
26
Current Estimated Value
$93,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,546
Avg. Annual Appreciation
12.69%
Source: Public Records

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Range of Values:

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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
Goldstar Homes Llc $75,000 Saddle Creek Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldstar Homes Llc $998,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $75,000 -25.0% $75 / Sq Ft
05/15/2023 05/15/23 For Sale $100,000 -- $100 / 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 -- $19,550 $3,750 $15,800
2024 -- $11,675 $1,400 $10,275
2023 $711 $11,675 $1,400 $10,275
2022 $711 $11,675 $1,400 $10,275
2021 $720 $11,675 $1,400 $10,275
2020 $670 $9,250 $1,400 $7,850
2019 $670 $9,250 $1,400 $7,850
2018 $670 $9,250 $1,400 $7,850
2017 $380 $9,250 $1,400 $7,850
2016 $472 $10,800 $0 $0
2014 $472 $10,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tonya McDowell

    Seller's Agent in 2023

    Tonya McDowell

    The Stamps Real Estate Company

    (901) 428-0974

    3 in this area

    74 Total Sales

    Tonya McDowell
    Section Image
  • Itzel Sanchez Bustamante

    Buyer's Agent in 2023

    Itzel Sanchez Bustamante

    Keller Williams

    (901) 378-4334

    62 in this area

    613 Total Sales

    Itzel Sanchez Bustamante
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10148014

Memphis Area Association of REALTORS®

APN: 05-3063-0-0005

Tennessee Shelby County Memphis 38108 Berclair

1283 Wells Station Rd, Memphis, TN

This home is located at 1283 Wells Station Rd, Memphis, TN 38122 since 15 May 2023 and is currently estimated at $93,546, approximately $78 per square foot. This property was built in 1950. 1283 Wells Station Rd is a home located in Shelby County with nearby schools including Wells Station Elementary School, Kingsbury Middle School, and Kingsbury High School.

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