NOT LISTED FOR SALE

1391 Stage Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $45,000 - $83,000

2 Beds
1 Bath
100-999 Sq Ft
$71/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $85,000 $85 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $413/month

43 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Wood Fence
  • Corner Lot
  • Remodeled Bathroom
  • 1-Story Property

About This Home

As of April 2024

Great cash flowing turn key property with excellent tenant in place. $950 a month with room to increase rent if needed too. Property was recently renovated & updated in 2022 with 2 year old roofing. Sits on a nice corner lot.

Last Agent to Sell the Property

Kendrick Garcia

Fast Track Realty, LLC License #364342 Listed on: 01/30/2024

Last Buyer's Agent

Kendrick Garcia

Fast Track Realty, LLC License #364342 Listed on: 01/30/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $326

Year Built

  • Built in 1955

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 119x160
  • Wood Fence
  • Corner Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 100-999 Sq Ft Home
  • 861 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Alta Vista 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070025 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$326

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 726D
  • MAAR Subdivision Name: ALTA VISTA 2ND ADD
  • Number Of Stories: 1
  • Price Per Sq Ft: 98.72
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 861
  • Year Built: 1955
  • List Price/ Sq Ft: 99
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wood Fence
  • Exterior Windows: Vinyl Siding

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Level, Corner
  • Lot Number: 17
  • Acreage: 0.31
  • Lot Size: 119X160
  • Price Per Acre: 274194

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 070025 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Apr 5, 2024
Sold by
Torres Jairo
Bought by
Velazquez Deleon Areli
Seller's Agent
Kendrick Garcia
Fast Track Realty, LLC
Buyer's Agent
Kendrick Garcia
Fast Track Realty, LLC
List Price
$85,000
Sold Price
$85,000
Total Days on Market
43
Views
54
Current Estimated Value
$70,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,161
Avg. Annual Appreciation
-11.75%
Original Mortgage
$25,000
Outstanding Balance
$15,206
Interest Rate
6.9%
Mortgage Type
Seller Take Back
Estimated Equity
$56,148

Purchase Details

Closed on
Jul 26, 2017
Sold by
Memphis Investment Houses Llc
Bought by
Callisto Investment Properties Llc

Purchase Details

Listed on
Feb 21, 2017
Closed on
Mar 31, 2017
Sold by
Choate Michael J and Choate Deborah K
Bought by
Memphis Investment Houses Llc
Seller's Agent
Deborah Meyer
Crye-Leike, Inc., REALTORS
Buyer's Agent
Deborah Meyer
Crye-Leike, Inc., REALTORS
List Price
$20,000
Sold Price
$27,416
Premium/Discount to List
$7,416
37.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.03%
Original Mortgage
$20,832
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
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
Velazquez Deleon Areli $85,000 Edco Title & Closing Services
Callisto Investment Properties Llc $30,000 Saddle Creek Title Llc
Memphis Investment Houses Llc $22,833 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Deleon Areli $25,000
Previous Owner Memphis Investment Houses Llc $20,832
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $85,000 0.0% $850 / Sq Ft
01/30/2024 01/30/24 For Sale $85,000 +183.3% $850 / Sq Ft
06/02/2022 06/02/22 Sold $30,000 0.0% $35 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $30,000 +9.4% $35 / Sq Ft
03/31/2017 03/31/17 Sold $27,416 +37.1% $274 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $20,000 -- $200 / 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 $326 $19,325 $1,800 $17,525
2024 $326 $9,625 $1,575 $8,050
2023 $586 $9,625 $1,575 $8,050
2022 $586 $9,625 $1,575 $8,050
2021 $332 $9,625 $1,575 $8,050
2020 $464 $6,400 $1,575 $4,825
2019 $205 $6,400 $1,575 $4,825
2018 $205 $6,400 $1,575 $4,825
2017 $209 $6,400 $1,575 $4,825
2016 $285 $6,525 $0 $0
2014 $285 $6,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kendrick Garcia

    Seller's Agent in 2024

    Kendrick Garcia

    Fast Track Realty, LLC

    (901) 282-2492

    6 in this area

    62 Total Sales

    Kendrick Garcia
    Section Image
  • Randall Weatherall

    Seller's Agent in 2022

    Randall Weatherall

    Memphis Metro Realty

    (731) 487-5843

    25 in this area

    208 Total Sales

    Randall Weatherall
    Section Image

  • D

    Seller's Agent in 2017

    Deborah Meyer

    Crye-Leike

    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10164801

Memphis Area Association of REALTORS®

APN: 07-0025-0-0013

Tennessee Shelby County Memphis 38127 Frayser

1391 Stage Ave, Memphis, TN

This home is located at 1391 Stage Ave, Memphis, TN 38127 since 30 January 2024 and is currently estimated at $70,839, approximately $70 per square foot. This property was built in 1955. 1391 Stage Ave is a home located in Shelby County with nearby schools including Whitney Achievement Elementary School, Grandview Heights Middle, and Compass Community School Frayser Campus.

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