NOT LISTED FOR SALE

1382 S Wellington St Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $93,000 - $177,000

3 Beds
2 Baths
875 Sq Ft
$177/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $61,000 $70 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $864/month

Highlights

  • Contemporary Architecture
  • Eat-In Kitchen
  • Central Heating
  • Porch
  • Tile Flooring
  • 1-Story Property

About This Home

As of May 2021

Home is duplex. The rent is $475 per side but can easily be increased. Tenants are on a month to month lease.

Last Agent to Sell the Property

Reginald Harris

Harris Realty Services License #284382 Listed on: 05/10/2021

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $655

Year Built

  • Built in 1992

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Few Trees

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Property Attached
  • Stucco Exterior

Interior Spaces

  • 875 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating
  • 220 Volts

Additional Features

  • Porch
  • Ground Level

Community Details

  • Barbour Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025056 00038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$655

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Contemporary
  • Attached Unit Type: First Floor Flat
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BARBOUR BLK C
  • List Price Per Sq Ft: 75
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 875
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Stucco

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: 220 Wiring
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 29
  • Acreage: 0.17
  • Lot Size: 50X150

Tax Info

  • Assessor Parcel Number: 025056 00038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2025
Sold by
Muthiah Family Trust and Nachiappan Muthiah
Bought by
1382 & 1384 S Wellington Street Trust
Current Estimated Value
$154,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,175
Outstanding Balance
$130,955
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$23,555

Purchase Details

Closed on
Jul 10, 2025
Sold by
Whitaker Revocable Living Trust
Bought by
Muthiah Family Trust and Nachiappan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,175
Outstanding Balance
$130,955
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$23,555

Purchase Details

Closed on
Apr 12, 2024
Sold by
Kensington Group Holdings Llc
Bought by
Whitaker Revocable Living Trust

Purchase Details

Listed on
May 10, 2021
Closed on
May 28, 2021
Sold by
Alpha Property Solutons Llc
Bought by
Kensington Group Holdings Llc
Seller's Agent
Reginald Harris
Harris Realty Services
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$66,000
Sold Price
$61,000
Premium/Discount to List
-$5,000
-7.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.40%

Purchase Details

Closed on
Feb 1, 2021
Sold by
Alpha Property Solutions Llc
Bought by
Phipps Mark

Purchase Details

Closed on
May 30, 2008
Sold by
Adams Johnny R
Bought by
Alpha Property Solutions Llc

Purchase Details

Closed on
Mar 13, 2008
Sold by
Southern California Reo Llc
Bought by
Adams Johnny R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
5.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 4, 2007
Sold by
Us Bank Na
Bought by
Southern California Reo Llc

Purchase Details

Closed on
Jun 13, 2007
Sold by
Groves R L
Bought by
Us Bank Na and Asset Backed Securities Corp Home Equity

Purchase Details

Closed on
Mar 31, 2004
Sold by
Callicutt James L
Bought by
Groves R L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,910
Interest Rate
8.5%
Mortgage Type
Unknown
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
1382 & 1384 S Wellington Street Trust -- Nexus Title & Escrow
Muthiah Family Trust $174,900 Nexus Title & Escrow
Whitaker Revocable Living Trust $76,250 Memphis Title Company
Kensington Group Holdings Llc $61,000 Preferred Title & Escrow
Phipps Mark $45,000 --
Alpha Property Solutions Llc -- None Available
Adams Johnny R $60,000 None Available
Southern California Reo Llc $6,000 Us Land Title Llc
Us Bank Na $27,900 None Available
Groves R L $60,000 Equity Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muthiah Family Trust $131,175
Previous Owner Adams Johnny R $51,000
Previous Owner Groves R L $53,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $61,000 -7.6% $70 / Sq Ft
05/10/2021 05/10/21 For Sale $66,000 -- $75 / 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 $655 $24,960 $2,040 $22,920
2024 $655 $19,320 $1,200 $18,120
2023 $655 $19,320 $1,200 $18,120
2022 $1,177 $19,320 $1,200 $18,120
2021 $524 $19,320 $1,200 $18,120
2020 $1,130 $15,600 $1,200 $14,400
2019 $499 $15,600 $1,200 $14,400
2018 $499 $15,600 $1,200 $14,400
2017 $510 $15,600 $1,200 $14,400
2016 $692 $15,840 $0 $0
2014 $692 $15,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Reginald Harris

    Seller's Agent in 2021

    Reginald Harris

    Harris Realty Services

    (901) 496-7653

    2 in this area

    55 Total Sales

    Reginald Harris
    Section Image
  • Tyler Tapley

    Buyer's Agent in 2021

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    83 in this area

    1,197 Total Sales

    Tyler Tapley
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10098982

Memphis Area Association of REALTORS®

APN: 02-5056-0-0038

Tennessee Shelby County Memphis 38106 South Memphis

1382 S Wellington St, Memphis, TN

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