NOT LISTED FOR SALE

1397 Preston St Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $40,000 - $63,000

2 Beds
1 Bath
1,204 Sq Ft
$42/Sq Ft Est. Value

Sale Details

Date Sold: June 23, 2014

Last sale price $6,000 $5 Per Sq Ft

Est. 742% increase in value since last sale

Current estimated payment $298 / mo

32 Days on Market

Highlights

  • English Architecture
  • 2 Fireplaces
  • 1-Story Property

About This Home

As of June 2014

SOLD AS-IS WHERE IS COULD BE A 4 BEDROOM UNIT. NEEDS SOME WORK BUT YOU WILL SEE THE VALUE IN THIS ONE.

Last Agent to Sell the Property

Thomas McGhee

Crye-Leike, Inc., REALTORS License #232675 Listed on: 04/18/2014

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Robert Reed

Real Estate Network License #266528

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x106.86

Parking

  • 1 Parking Space

Home Design

  • English Architecture

Interior Spaces

  • 1,204 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Palmer Bros R R Men S Subdivision

Listing and Financial Details

  • Assessor Parcel Number 013061 00011

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: English
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: PALMER BROTHERS
  • List Price Per Sq Ft: 8
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1204
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Number Of Fireplaces: 2

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 12
  • Acreage: 0.12
  • Lot Size: 50X106.86

Tax Info

  • Assessor Parcel Number: 013061 00011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2014
Closed on
Jun 23, 2014
Sold by
Bought by
Seller's Agent
Thomas McGhee
Crye-Leike, Inc., REALTORS
Buyer's Agent
Robert Reed
Real Estate Network
List Price
$10,000
Sold Price
$6,000
Premium/Discount to List
-$4,000
-40%
Current Estimated Value
$50,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,511
Avg. Annual Appreciation
19.25%

Purchase Details

Closed on
Dec 5, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,000 None Available
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/23/2014 06/23/14 Sold $6,000 -40.0% $5 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $10,000 -- $8 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $266 $9,875 $1,050 $8,825
2024 $251 $7,400 $750 $6,650
2023 $451 $7,400 $750 $6,650
2022 $451 $7,400 $750 $6,650
2021 $456 $7,400 $750 $6,650
2020 $542 $7,475 $750 $6,725
2019 $542 $7,475 $750 $6,725
2018 $542 $7,475 $750 $6,725
2017 $307 $7,475 $750 $6,725
2016 $403 $9,225 $0 $0
2014 $403 $9,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Thomas McGhee

    Crye-Leike

    Section Image

  • R

    Buyer's Agent in 2014

    Robert Reed

    Real Estate Network

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9924605

Memphis Area Association of REALTORS®

APN: 01-3061-0-0011

Tennessee Shelby County Memphis 38106 South Memphis

1397 Preston St, Memphis, TN

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