NOT LISTED FOR SALE

1291 Worthington St Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $159,000 - $195,897

4 Beds
1 Bath
1,400-1,599 Sq Ft
$112/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $117,500 $73 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,007/month

59 Days on Market

About This Home

As of May 2023

**Great Investment Opportunity Located in the heart of Memphis, this 4BR/1BA is being sold as-is. This property features an upstairs bonus room, natural hardwood floors throughout, lots of natural sunlight and an open kitchen, perfect for entertaining!

Last Agent to Sell the Property

Makale McGhee

Keller Williams License #352246 Listed on: 03/06/2023

Keller Williams

Last Buyer's Agent

Crystal Mitchell

Renshaw Company, REALTORS License #346815

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $637

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 55x192

Home Design

  • Property Attached

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,555 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport

Location

  • Ground Level

Community Details

  • Parkway Lamar Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031098 00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$637

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Attached Unit Type: Ground Level-Single Story
  • MLS Map #: 748B
  • MAAR Subdivision Name: PARKWAY-LAMAR
  • List Price Per Sq Ft: 80
  • Number Of Stories: 1
  • Price Per Sq Ft: 75.56
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1555
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1

Lot Info

  • Lot Number: 18
  • Acreage: 0.25
  • Lot Size: 55X192
  • Price Per Acre: 500000

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 031098 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2024
Sold by
Reconnect Investments Llc
Bought by
Butler Property Llc
Current Estimated Value
$178,974

Purchase Details

Listed on
Mar 6, 2023
Closed on
May 15, 2023
Sold by
Mdm Investments Of Memphis Llc
Bought by
Reconnect Investments Llc
Seller's Agent
Makale McGhee
Keller Williams
Buyer's Agent
Crystal Mitchell
Renshaw Company, REALTORS
List Price
$125,000
Sold Price
$117,500
Premium/Discount to List
-$7,500
-6%
Views
122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.61%
Original Mortgage
$186,975
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2022
Sold by
Urban Medical Llc
Bought by
Mdm Investments Of Memphis Llc

Purchase Details

Closed on
Mar 4, 2022
Sold by
Red Door Memphis Llc
Bought by
Bellwether Capital Partners Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,901
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2022
Sold by
Shelby County Chancery Court
Bought by
Red Door Memphis Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,901
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2018
Closed on
Oct 30, 2018
Sold by
Foster Leon A
Bought by
Urban Medical Llc
Seller's Agent
Stephen Mansour
REMAX Experts
Buyer's Agent
Malcolm E Wilson
eXp Realty, LLC
List Price
$34,900
Sold Price
$28,000
Premium/Discount to List
-$6,900
-19.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.95%

Purchase Details

Closed on
Mar 9, 2001
Sold by
Foster Leon D
Bought by
Foster Leon Dewey and Foster Leon Dewey
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Butler Property Llc $186,975 Delta Title Services
Reconnect Investments Llc $117,500 Delta Title Services
Mdm Investments Of Memphis Llc -- --
Bellwether Capital Partners Ll -- Coventry Escrow & Title
Red Door Memphis Llc $72,100 Gallagher Gregory S
Urban Medical Llc $28,000 None Available
Foster Leon Dewey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reconnect Investments Llc $186,975
Previous Owner Bellwether Capital Partners Ll $137,901
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $117,500 -6.0% $84 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $125,000 +346.4% $89 / Sq Ft
11/02/2018 11/02/18 Sold $28,000 -19.8% $20 / Sq Ft
04/23/2018 04/23/18 For Sale $34,900 -- $25 / 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 $637 $46,175 $8,375 $37,800
2024 $637 $18,800 $2,125 $16,675
2023 $1,145 $18,800 $2,125 $16,675
2022 $1,145 $18,800 $2,125 $16,675
2021 $1,361 $18,800 $2,125 $16,675
2020 $1,062 $14,650 $2,125 $12,525
2019 $468 $14,650 $2,125 $12,525
2018 $468 $14,650 $2,125 $12,525
2017 $479 $14,650 $2,125 $12,525
2016 $686 $15,700 $0 $0
2014 $686 $15,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Makale McGhee

    Keller Williams

    Section Image
  • Crystal Mitchell

    Buyer's Agent in 2023

    Crystal Mitchell

    Renshaw Company, REALTORS

    (901) 864-2650

    17 in this area

    200 Total Sales

    Crystal Mitchell
    Section Image
  • Stephen Mansour

    Seller's Agent in 2018

    Stephen Mansour

    RE/MAX

    (901) 239-6326

    105 Total Sales

    Stephen Mansour
    Section Image

  • M

    Buyer's Agent in 2018

    Malcolm E Wilson

    eXp Realty, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10143161

Memphis Area Association of REALTORS®

APN: 03-1098-0-0015

Tennessee Shelby County Memphis 38114 Southeast Memphis

1291 Worthington St, Memphis, TN

This home is located at 1291 Worthington St, Memphis, TN 38114 since 06 March 2023 and is currently estimated at $178,974, approximately $111 per square foot. This property was built in 1920. 1291 Worthington St is a home located in Shelby County with nearby schools including Hamilton High School, Hanley School - Elementary, and Hanley Schoool - Middle.

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