NOT LISTED FOR SALE

1387 S Parkway E Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $108,687 - $130,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$60/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $56,200 $28 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $684/month

Highlights

  • Traditional Architecture
  • Sun or Florida Room
  • 2 Car Attached Garage
  • Wood Flooring
  • Some Wood Windows
  • Eat-In Kitchen

About This Home

As of February 2016

Reduced!!!Great curb appeal, large home, wonderful sunroom and fenced backyard. Home is near historical areas of Memphis, located minutes from Midtown, downtown, and Soulsville. Plenty of home for the money, please call for your private showing.

Last Agent to Sell the Property

Thomas Byrd

Byrd Realty Services, LLC License #268775 Listed on: 08/08/2015

Last Buyer's Agent

Frances Anderson

Crye-Leike, Inc., REALTORS License #274051

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $674

Year Built

  • Built in 1954

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 100 x 145.88
  • Level Lot

Home Design

  • Traditional Architecture
  • Pier And Beam

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,922 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Screened Porch
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Nicholson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 026051 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$674

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: NICHOLSON
  • List Price Per Sq Ft: 31
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1922
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Sun Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Living Room
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Screen Porch
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Conventional

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Smoke Detector(s), Iron Door(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 7
  • Acreage: 0.33
  • Lot Size: 100 X 145.88

Tax Info

  • Assessor Parcel Number: 026051 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2015
Closed on
Feb 26, 2016
Sold by
Pannell Rhonda R
Bought by
Lucas Gai
Seller's Agent
Thomas Byrd
Byrd Realty Services, LLC
Buyer's Agent
Frances Anderson
Crye-Leike, Inc., REALTORS
List Price
$69,900
Sold Price
$56,200
Premium/Discount to List
-$13,700
-19.6%
Current Estimated Value
$119,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,722
Avg. Annual Appreciation
8.14%
Original Mortgage
$44,960
Outstanding Balance
$35,550
Interest Rate
3.62%
Estimated Equity
$84,372

Purchase Details

Closed on
Jun 20, 2012
Sold by
Bank Of America Na
Bought by
Pannell Rhonda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2011
Sold by
Federal National Mortgage Association
Bought by
Bank Of America N A

Purchase Details

Closed on
Sep 27, 2011
Sold by
Martin John
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 14, 2007
Sold by
Memphis Investment Properties Llc
Bought by
Martin John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,320
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2007
Sold by
The Bank Of New York Trust Co Na
Bought by
Memphis Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
10%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 1, 2007
Sold by
Freeman Regina and Nuby Hillary Lanel
Bought by
The Bank Of New York Trust Co Na and Jp Morgan Chase Bank Na

Purchase Details

Closed on
Apr 1, 2005
Sold by
Brown Lula A
Bought by
Freeman Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
8.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Lucas Gai -- --
Pannell Rhonda R $38,000 None Available
Bank Of America N A -- First American Els
Federal National Mortgage Association $91,021 None Available
Martin John $92,900 Tam Title & Escrow Llc
Memphis Investment Properties Llc $34,000 Tam Title & Escrow Llc
The Bank Of New York Trust Co Na $89,500 None Available
Freeman Regina $95,000 Assured Escrow & Title
Freeman Regina $95,000 Assured Escrow & Title Closi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas Gai $44,960
Closed Lucas Gai --
Previous Owner Pannell Rhonda R $28,500
Previous Owner Martin John $74,320
Previous Owner Memphis Investment Properties Llc $45,000
Previous Owner Freeman Regina $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2016 02/19/16 Sold $56,200 -19.6% $31 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
08/08/2015 08/08/15 For Sale $69,900 +83.9% $39 / Sq Ft
09/05/2012 09/05/12 Sold $38,000 +1.6% $21 / Sq Ft View Prior Sale
05/21/2012 05/21/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $37,400 -- $21 / 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 $674 $30,750 $2,550 $28,200
2024 $674 $19,875 $1,925 $17,950
2023 $1,211 $19,875 $1,925 $17,950
2022 $1,211 $19,875 $1,925 $17,950
2021 $1,225 $19,875 $1,925 $17,950
2020 $1,480 $20,425 $1,925 $18,500
2019 $1,480 $20,425 $1,925 $18,500
2018 $1,480 $20,425 $1,925 $18,500
2017 $839 $20,425 $1,925 $18,500
2016 $947 $21,675 $0 $0
2014 $947 $21,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Thomas Byrd

    Byrd Realty Services, LLC

    Section Image
  • Frances Anderson

    Buyer's Agent in 2016

    Frances Anderson

    Crye-Leike

    (901) 260-5844

    6 in this area

    148 Total Sales

    Frances Anderson
    Section Image

  • A

    Seller's Agent in 2012

    Ahmad Muhammad

    M & M Realty, LLC

    Section Image
  • Joseph Doughton

    Buyer's Agent in 2012

    Joseph Doughton

    KAIZEN Realty, LLC

    (901) 412-4502

    30 Total Sales

    Joseph Doughton
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9958556

Memphis Area Association of REALTORS®

APN: 02-6051-0-0011

Tennessee Shelby County Memphis 38106 Southeast Memphis

1387 S Parkway E, Memphis, TN

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