1286 Tutwiler Ave Memphis, TN 38107
Crosstown NeighborhoodEstimated Value: $161,000 - $228,000
3
Beds
1
Bath
1,400-1,599
Sq Ft
$123/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 3 Fireplaces
- Central Heating and Cooling System
- Wood Flooring
- Great Room
- Storm Doors
About This Home
As of October 2021Great starter-home in up-and-coming Crosstown neighborhood. Cash-in on the strong property appreciation of this area. Currently rented month-to-month to long term section 8 tenants for $922/month. Market rent is much higher at $1400+ per month. Would make a great value-add long term rental, flip, or an owner-occupant. Note that we cannot allow showings of the property without an accepted offer due to the tenants - Instead kindly make offers contingent upon interior inspection.
Last Agent to Sell the Property
Jack Inman
Long Term Invest Mngt License #342513 Listed on: 08/22/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,359
Year Built
- Built in 1928
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 50x160
- Level Lot
Parking
- Driveway
Home Design
- Traditional Architecture
Interior Spaces
- 1,400-1,599 Sq Ft Home
- 1,584 Sq Ft Home
- 1-Story Property
- 3 Fireplaces
- Great Room
- Wood Flooring
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Home Security
- Storm Doors
- Iron Doors
Utilities
- Central Heating and Cooling System
Community Details
- Speedway Terr Blk A Subdivision
Listing and Financial Details
- Assessor Parcel Number 021095 00013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 26, 2024
Sold by
Riverland Properties Llc
Bought by
Riverside Real Estate Llc
Total Days on Market
20
Current Estimated Value
Purchase Details
Closed on
Mar 27, 2024
Sold by
Everton Glenn D
Bought by
Riverland Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,275
Interest Rate
6.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 22, 2021
Closed on
Nov 9, 2021
Sold by
Long Jackson
Bought by
Restoration Homes Llc
Seller's Agent
Jack Inman
Long Term Invest Mngt
Buyer's Agent
Deborah Posada
Envision Realty, LLC
List Price
$140,000
Sold Price
$142,000
Premium/Discount to List
$2,000
1.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$163,200
Interest Rate
2.88%
Mortgage Type
Commercial
Purchase Details
Listed on
Jul 29, 2019
Closed on
Jan 7, 2020
Sold by
Mdm Investments Of Memphis Llc
Bought by
Long Jackson
Seller's Agent
Leah Douglas-Wooten
Progressive Realty Services
Buyer's Agent
Jack Inman
Long Term Invest Mngt
List Price
$125,000
Sold Price
$97,000
Premium/Discount to List
-$28,000
-22.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.44%
Original Mortgage
$120,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 7, 2019
Sold by
Move In Investments Inc
Bought by
Mdm Investments Of Memphis Llc
Purchase Details
Closed on
Jul 31, 2017
Sold by
County Of Shelby
Bought by
Move In Investmens Inc
Purchase Details
Closed on
Aug 7, 2003
Sold by
Rose David L and Rose Suzanne S
Bought by
Roberts Darwin Lee and Roberts Teresa G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.42%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 17, 2003
Sold by
Holloway Michael L and Holloway Sandra L
Bought by
Rose David L and Rose Suzanne S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.42%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 30, 1996
Sold by
Connell Gary and Newell Timothy
Bought by
Southern Capital Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,320
Interest Rate
7.87%
Purchase Details
Closed on
Jun 19, 1995
Bought by
Gary Connell and Gary Timothy N
Similar Homes in Memphis, TN
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Riverside Real Estate Llc | -- | None Listed On Document | |
| Riverland Properties Llc | $239,000 | None Listed On Document | |
| Restoration Homes Llc | $142,000 | Surety Title Company Llc | |
| Long Jackson | $97,000 | Multiple | |
| Mdm Investments Of Memphis Llc | -- | Baymark T&E Svcs Llc | |
| Move In Investmens Inc | $29,400 | None Available | |
| Roberts Darwin Lee | $27,000 | -- | |
| Rose David L | $13,000 | -- | |
| Southern Capital Management Llc | -- | -- | |
| Gary Connell | $8,092 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Riverland Properties Llc | $252,275 | |
| Previous Owner | Restoration Homes Llc | $202,500 | |
| Previous Owner | Restoration Homes Llc | $163,200 | |
| Previous Owner | Long Jackson | $25,000 | |
| Previous Owner | Long Jackson | $25,000 | |
| Previous Owner | Long Jackson | $120,000 | |
| Previous Owner | Roberts Darwin Lee | $47,250 | |
| Previous Owner | Roberts Darwin Lee | $25,000 | |
| Previous Owner | Holloway Michael L | $13,000 | |
| Previous Owner | Holloway Michael L | $52,000 | |
| Previous Owner | Holloway Michael L | $5,000 | |
| Previous Owner | Southern Capital Management Llc | $54,320 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/27/2021 10/27/21 | Sold | $142,000 | +1.4% | $101 / Sq Ft |
| 09/11/2021 09/11/21 | Pending | -- | -- | -- |
| 08/22/2021 08/22/21 | For Sale | $140,000 | +44.3% | $100 / Sq Ft |
| 01/07/2020 01/07/20 | Sold | $97,000 | -13.8% | $69 / Sq Ft |
| 09/20/2019 09/20/19 | Price Changed | $112,500 | -6.3% | $80 / Sq Ft |
| 08/19/2019 08/19/19 | Price Changed | $120,000 | -4.0% | $86 / Sq Ft |
| 07/29/2019 07/29/19 | For Sale | $125,000 | -- | $89 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,359 | $67,925 | $5,075 | $62,850 |
| 2024 | $1,359 | $40,100 | $2,000 | $38,100 |
| 2023 | $822 | $24,250 | $2,000 | $22,250 |
| 2022 | $1,477 | $24,250 | $2,000 | $22,250 |
| 2021 | $1,495 | $24,250 | $2,000 | $22,250 |
| 2020 | $1,427 | $19,700 | $2,000 | $17,700 |
| 2019 | $630 | $19,700 | $2,000 | $17,700 |
| 2018 | $630 | $19,700 | $2,000 | $17,700 |
| 2017 | $0 | $0 | $0 | $0 |
| 2016 | $870 | $19,900 | $0 | $0 |
| 2014 | $870 | $19,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2021
Jack Inman
Long Term Invest Mngt
(901) 351-3331
-
Deborah Posada
D
Buyer's Agent in 2021
Deborah Posada
Envision Realty, LLC
(615) 779-8498
1 in this area
65 Total Sales
-
Leah Douglas-Wooten
Seller's Agent in 2020
Leah Douglas-Wooten
Progressive Realty Services
(901) 859-7637
57 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10106994
APN: 02-1095-0-0013
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