NOT LISTED FOR SALE

1341 Wells Station Rd Memphis, TN 38108

Berclair Neighborhood

Estimated Value: $97,000 - $121,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$77/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $164,000 $117 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $628/month

218 Days on Market

About This Home

As of October 2019

This home is located at 1341 Wells Station Rd, Memphis, TN 38108 since 05 February 2019 and is currently estimated at $107,567, approximately $89 per square foot. This property was built in 1953. 1341 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.

Last Agent to Sell the Property

Jill White

Fast Track Realty, LLC License #332230 Listed on: 02/05/2019

Co-Listed By

Tina Andrade

Fast Track Realty, LLC License #278608

Last Buyer's Agent

Elizabeth Glosson

Fast Track Realty, LLC License #282986

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $504

Year Built

  • Built in 1953

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,202 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Inman J F & Sons Co Wells Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053067 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$504

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752D
  • MAAR Subdivision Name: INMANS WELLS TERRACE
  • List Price Per Sq Ft: 136
  • Number Of Stories: 1
  • Price Per Sq Ft: 136.44
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1202
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 44
  • Acreage: 0.18
  • Lot Size: 0.18
  • Price Per Acre: 911111

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 053067 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2019
Closed on
Oct 18, 2019
Sold by
Sorroeix Inc
Bought by
Mtcs Llc
Seller's Agent
Jill White
Fast Track Realty, LLC
Buyer's Agent
Elizabeth Glosson
Fast Track Realty, LLC
List Price
$164,000
Sold Price
$164,000
Current Estimated Value
$107,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,433
Avg. Annual Appreciation
-6.92%
Original Mortgage
$158,000
Outstanding Balance
$123,240
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$15,673

Purchase Details

Closed on
Oct 24, 2018
Sold by
Wells Sutherland Llc
Bought by
Property Factor Aus Llc

Purchase Details

Closed on
May 7, 2013
Sold by
Shelby Holdings Llc
Bought by
Wells Futherland Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
3.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2012
Sold by
Paris Cristie
Bought by
Shelby Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,161
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2012
Sold by
Paris Criste
Bought by
Shelby Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,161
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2010
Sold by
Bouchard Terri and Bouchard Robert
Bought by
Thompson Dylan Michael

Purchase Details

Closed on
Oct 16, 2007
Sold by
Paris Cristie
Bought by
Bouchard Terri and Bouchard Robert

Purchase Details

Closed on
Mar 17, 2006
Sold by
Torres Elsa M
Bought by
Paris Cristie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 7, 2005
Sold by
Duarte Lazaro Pablo
Bought by
Torres Elsa M

Purchase Details

Closed on
Apr 28, 2000
Sold by
Palugi Michael W and Palugi Candy J
Bought by
Duarte Lazaro and Torres Elsa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,215
Interest Rate
8.23%
Mortgage Type
FHA
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
Mtcs Llc $164,000 Saddle Creek Title Llc
Property Factor Aus Llc -- None Available
Wells Futherland Llc $56,000 None Available
Shelby Holdings Llc $25,001 None Available
Shelby Holdings Llc $25,201 None Available
Thompson Dylan Michael -- None Available
Bouchard Terri -- None Available
Paris Cristie $72,000 Real Estate Title Services
Torres Elsa M -- --
Duarte Lazaro $58,900 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mtcs Llc $158,000
Previous Owner Wells Futherland Llc $33,600
Previous Owner Shelby Holdings Llc $38,161
Previous Owner Bouchard Terri $19,181
Previous Owner Paris Cristie $57,600
Previous Owner Duarte Lazaro $61,215
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $164,000 0.0% $137 / Sq Ft
02/05/2019 02/05/19 For Sale $164,000 -- $137 / 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 $504 $25,150 $3,750 $21,400
2024 $504 $14,875 $1,400 $13,475
2023 $906 $14,875 $1,400 $13,475
2022 $906 $14,875 $1,400 $13,475
2021 $513 $14,875 $1,400 $13,475
2020 $810 $11,175 $1,400 $9,775
2019 $357 $11,175 $1,400 $9,775
2018 $357 $11,175 $1,400 $9,775
2017 $366 $11,175 $1,400 $9,775
2016 $635 $14,525 $0 $0
2014 $635 $14,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10065678

Memphis Area Association of REALTORS®

APN: 05-3067-0-0012