$38,000
SOLD OCT 7, 2024
3 Beds
2 Baths
1,008 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$38 Per Sq Ft

41% Below List Price

10 Days on Market

About This Home

As of October 2024

Attention investors and DIY enthusiasts! Multiple exit strategies: finish this remodel then either flip, rent or move in! Home being sold as is. Cash buyers preferred but will consider financed all offers. Seller is assisted by an Attorney in Fact. Do not knock on door or approach house without prior communication.

Last Agent to Sell the Property

Darrell Lewis

DIYFlatFee.Com

Last Buyer's Agent

Non-Member Agent

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $320

Year Built

  • Built in 1953

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 5,227 Sq Ft Lot
  • Heating Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$320

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Directions To Property: From Memphis, TN, head north on Main St, then turn left onto Austin St. Your destination will be on the right.
  • HeatFuelElectric: Yes
  • InteriorAmps: 0
  • LastPriceValue: 64900
  • Lot Size Acres: 0.12
  • Number Of Stories: 1
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Memphis
  • Property Class: 210
  • PropertyTownship: MEMPHIS
  • Prop. Type: House (Detached)
  • PropertyZipCode: 38108
  • ResidentialStyle: Other
  • Kitchen: Yes
  • SForSaleAndRForRental: S
  • USStateAbbreviation: TN
  • WaterSourceType: Other
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplaces: 0
  • Number of Rooms: 0
  • AboveArea Sq Ft: 1008

Garage/Parking

  • Numberof Garage Spaces: 0

Utilities

  • Primary Heat Type Other: Yes
  • Sewer Type: Other
  • Utilities: 0

Condo/Co-op/Association

  • Units in Building: 0

Schools

  • School District: 000000
  • School District: 000000

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 3
  • Total Taxes: 320

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Oct 4, 2024
Sold by
C And B Construction Llc
Bought by
1071 Re Llc
Seller's Agent
Darrell Lewis
DIYFlatFee.Com
Buyer's Agent
Non-Member Agent
Non-Member Office
List Price
$64,900
Sold Price
$38,000
Premium/Discount to List
-$26,900
-41.45%
Total Days on Market
10
Views
18
Current Estimated Value
$49,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,480
Avg. Annual Appreciation
51.05%
Original Mortgage
$79,511
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2010
Sold by
Whg Sixth 87 Llc
Bought by
Scruggs Travis D and Scruggs Cheri

Purchase Details

Closed on
Feb 28, 2009
Sold by
Commodore Housing Llc
Bought by
Whg Sixth 87 Llc

Purchase Details

Closed on
Feb 18, 2009
Sold by
Go Invest Wisely Llc
Bought by
Commodore Housing Llc

Purchase Details

Closed on
Oct 13, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Go Invest Wisely Llc

Purchase Details

Closed on
Jun 30, 2008
Sold by
Alexander Patricia
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 24, 2001
Sold by
Posner Marvin
Bought by
Alexander Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
7.02%

Map

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

Similar Homes in Memphis, TN

  • 2403 Golden Ave, Memphis, TN 38108

    $35,000

    • 3 Beds
    • 1 Bath
    • 600+ Sq Ft
    • 2403 Golden Ave
    • Memphis, TN

    Income producing investment property . Long term tenant wants to stay.

    Tina Andrade Fast Track Realty, LLC

    Section Image
  • 2397 Shasta Ave, Memphis, TN 38108

    $35,000

    • 2 Beds
    • 2 Baths
    • 800+ Sq Ft
    • 2397 Shasta Ave
    • Memphis, TN

    Back on Market at No Fault of the Seller-Here's Your Next Flip Or Hold!!! Property being Sold AS IS. Utilities are not on. Property is Priced to Sell. Was a Duplex and can easily be converted back to a Duplex. Property needs a little repair. However, it won't take much to flip this one or make it cash flowing!! Cash Offers ONLY (No Private Lenders) CASH ONLY, Sorry no WHOLESALERS, No CREATIVE

    Tara Woodley Zach Taylor Real Estate

    Section Image
  • 788 E Waldorf Ave, Memphis, TN 38106

    $42,000

    • 2 Beds
    • 1 Bath
    • 1,000+ Sq Ft
    • 788 E Waldorf Ave
    • Memphis, TN

    AS IS - CASH SALE, Perfect for Investor. Property is ready for a Face Lift. Property has a previous 30 year Shingle Roof, still has life, Seller cleaned up the Front and Back Yard Overgrowth, Subfloors are Solid, Vinyl Siding was put on except for the Exterior Back, Needs Electric, Needs Plumbing work and No Heat or Air. Backyard Is Quite Spacious. Property has been cleaned out and Ready for

    Tara Woodley Zach Taylor Real Estate

    Section Image
  • 271 Bertha Ave, Memphis, TN 38106

    $30,000

    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft
    • 271 Bertha Ave
    • Memphis, TN

    Excellent Investment Opportunity - This brick home offers great potential as a 2-bedroom, 1-bath fixer-upper located in a quiet cove. Ideal for investors or buyers seeking a value-add property. Home is vacant, easy to show, and ready for your vision. Don’t miss this chance—act quickly!

    Katrina Smith Keller Williams

    Section Image
  • 79 E Davant Ave, Memphis, TN 38109

    $50,000

    • 2 Beds
    • 1 Bath
    • 1,000+ Sq Ft
    • 79 E Davant Ave
    • Memphis, TN

    "Investor’s Dream or DIY Enthusiast’s Opportunity! This charming 2-bedroom, 1-bath home offers endless potential for those looking for a project. With some TLC and elbow grease, this property can be transformed into a stunning home or a great investment. Featuring a functional layout, spacious rooms, and a prime location, it’s perfect for buyers ready to put their personal touch on every detail.

    Tina Andrade Fast Track Realty, LLC

    Section Image
  • 2965 Lotus Rd, Memphis, TN 38109

    $42,000

    • 1 Bed
    • 1 Bath
    • 800+ Sq Ft
    • 2965 Lotus Rd
    • Memphis, TN

    INVESTOR SPECIAL!! Cute 1BR/1BA home located in Southwest Memphis area off of Lotus Rd near U.S. 61 South. This quaint home has Primary Bedroom, shared Bathroom, Kitchen, Living Room and a small Sunroom off of the rear of the home with it's own small storage area as well. Lot is 0.6 Acres with a larger front yard and a smaller back yard. It is close to shopping and restaurants off of U.S. 61 as

    Edwin Scruggs BHHS Taliesyn Realty

    Section Image
  • 2196 Eldridge Ave, Memphis, TN 38108

    $50,000

    • 3 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft
    • 2196 Eldridge Ave
    • Memphis, TN

    CONTRACT FAILED. BACK ON THE MARKET PRICED. SOLD AS IS. HARDWOOD FLOORING, BRICK STRUCTURE. GREAT INVESTMENT, NO SIGN IN YARD. PROOF OF FUNDS MUST BE SUBMITTED WITH ALL OFFERS. MINIMUM $1,000 E/M MADE PAYABLE CRYE-LEIKE REALTORS.

    Billy & Barbara Baxter Crye-Leike, Inc., REALTORS

    Section Image
  • 2247 Clayton Ave, Memphis, TN 38108

    $45,000

    • 2 Beds
    • 1 Bath
    • 1,000+ Sq Ft
    • 2247 Clayton Ave
    • Memphis, TN

    Excellent investment opportunity, rental, BRRR or buy & hold for the savvy investor or homeowner. Great floor plan with separate front den, central dining room that could potentially be converted to a third bedroom. Home has a ton of potential, needs repairs but does not appear to be in terrible condition. Online video available upon request. Seller is attempting a 1031x with multiple

    William Haynes Crye-Leike, Inc., REALTORS

    Section Image

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $30,000 National Title Services Llc
Warranty Deed $3,250 First National Title Llc
Quit Claim Deed $500 None Available
Quit Claim Deed $500 None Available
Corporate Deed $6,750 Associates Closing & Title
Trustee Deed $54,465 None Available
Warranty Deed $8,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $97,500 New Conventional
Closed $79,511 New Conventional
Previous Owner $51,000 Unknown
Previous Owner $46,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 Sold $38,000 -36.6% $38 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $59,900 -7.7% $59 / Sq Ft
09/17/2024 09/17/24 For Sale $64,900 -- $64 / Sq Ft
Source: My State MLS

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
2024 $178 $5,250 $1,000 $4,250
2023 $320 $5,250 $1,000 $4,250
2022 $0 $0 $0 $0
2021 $471 $6,500 $1,000 $5,500
2020 $389 $5,375 $1,000 $4,375
2019 $172 $5,375 $1,000 $4,375
2018 $172 $5,375 $1,000 $4,375
2017 $176 $5,375 $1,000 $4,375
2016 $240 $5,500 $0 $0
2014 $240 $5,500 $0 $0
Source: Public Records

Source: My State MLS

MLS Number: 11344252

APN: 04-1042-0-0034