NOT LISTED FOR SALE

1287 Newark Ave Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $49,000 - $57,000

2 Beds
1 Bath
100-999 Sq Ft
$52/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $7,350 $7 Per Sq Ft

Est. 612% increase in value since last sale

Current estimated payment $294/month

Highlights

  • Traditional Architecture
  • Landscaped
  • Vinyl Flooring
  • Porch
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of February 2017

South Memphis 2BR 1 BA home with Living/ Dining room and Kitchen~Low maintenance exterior~Hud case 482-368691as-is

Last Agent to Sell the Property

Crystal Mitchell

Crye-Leike Inc., REALTORS License #258649 Listed on: 01/10/2017

Crye-Leike Inc., REALTORS

Last Buyer's Agent

Frank Newson

BEST Real Estate Company License #270087

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $199

Year Built

  • Built in 1952

Lot Details

  • 10,019 Sq Ft Lot
  • Landscaped

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 718 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Heating System Mounted To A Wall or Window
  • 220 Volts

Community Details

  • Masons Norris Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060016 00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$199

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Amherst
  • MLS Map #: 748F
  • MAAR Subdivision Name: MASONS NORRIS AVE
  • List Price Per Sq Ft: 10
  • Number Of Stories: 1
  • Price Per Sq Ft: 10.24
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 718
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch
  • Exterior Windows: Aluminum/Steel Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: 220 Wiring
  • Heating: Wall Unit
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Landscaped
  • Lot Number: 57
  • Acreage: 0.23
  • Lot Size: .23 acre
  • Price Per Acre: 30435

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 060016 00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2017
Closed on
Feb 10, 2017
Sold by
Castro Julian
Bought by
Newson Frank J
Seller's Agent
Crystal Mitchell
Crye-Leike Inc., REALTORS
Buyer's Agent
Frank Newson
BEST Real Estate Company
List Price
$7,000
Sold Price
$7,350
Premium/Discount to List
$350
5%
Current Estimated Value
$52,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,016
Avg. Annual Appreciation
25.42%

Purchase Details

Closed on
Dec 11, 2013
Sold by
Durden Willam R
Bought by
The Sectetary Of Hud

Purchase Details

Closed on
Apr 15, 2004
Sold by
Shaner Mary W
Bought by
Durden William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,560
Interest Rate
5.36%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 2001
Sold by
Pinson Tomma A
Bought by
Union Planters Bank National Assn

Purchase Details

Closed on
Oct 10, 1997
Sold by
L & S Enterprises Of Tennessee Llc
Bought by
Pinson Tomma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,920
Interest Rate
7.6%

Purchase Details

Closed on
Aug 29, 1997
Sold by
Anderson Carl
Bought by
L & S Enterprises Of Tennessee Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,920
Interest Rate
7.6%

Purchase Details

Closed on
Apr 4, 1997
Sold by
Kirsch Joe M
Bought by
Hud
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
Newson Frank J $7,350 Baymark Title And Escrow
The Sectetary Of Hud -- None Available
Durden William R $26,500 --
Union Planters Bank National Assn $37,309 --
Pinson Tomma A $36,000 --
L & S Enterprises Of Tennessee Llc -- Stewart Title Company
Hud $28,412 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Durden William R $26,560
Previous Owner Pinson Tomma A $34,920
Closed Pinson Tomma A $3,230
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2017 02/10/17 Sold $7,350 +5.0% $74 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
01/10/2017 01/10/17 For Sale $7,000 -- $70 / 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 $199 $8,800 $1,950 $6,850
2024 $199 $5,875 $975 $4,900
2023 $358 $5,875 $975 $4,900
2022 $358 $5,875 $975 $4,900
2021 $362 $5,875 $975 $4,900
2020 $413 $5,700 $975 $4,725
2019 $413 $5,700 $975 $4,725
2018 $413 $5,700 $975 $4,725
2017 $234 $5,700 $975 $4,725
2016 $237 $5,425 $0 $0
2014 $237 $5,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Crystal Mitchell

    Seller's Agent in 2017

    Crystal Mitchell

    Crye-Leike

    (901) 461-6828

    1 in this area

    47 Total Sales

    Crystal Mitchell
    Section Image

  • F

    Buyer's Agent in 2017

    Frank Newson

    BEST Real Estate Company

    (901) 238-5350

    1 in this area

    16 Total Sales

    Frank Newson
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9993284

Memphis Area Association of REALTORS®

APN: 06-0016-0-0030

Tennessee Shelby County Memphis 38106 Southeast Memphis

1287 Newark Ave, Memphis, TN

This home is located at 1287 Newark Ave, Memphis, TN 38106 since 10 January 2017 and is currently estimated at $52,366, approximately $52 per square foot. This property was built in 1952. 1287 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