Jordan Ray
eXp Realty
(901) 350-7982
195 Total Sales
4 in Southeast Memphis
$19K - $120K Price Range
1398 E Mallory Ave Memphis, TN 38106
Southeast Memphis NeighborhoodEstimated Value: $118,625
4
Beds
2
Baths
1,682
Sq Ft
$71/Sq Ft
Est. Value
Highlights
- Central Heating and Cooling System
- Vinyl Flooring
- Property has 3 Levels
About This Home
As of July 2022Excellent investment opportunity. Cash flowing, tenant occupied, brick duplex that is professionally managed. Property is on a corner lot. Home has had many recent repairs including a new roof and LVP flooring throughout. Total monthly rent is $997/mo. Financed offers welcome. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. NO WHOLESALE OR ASSIGNMENTS.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,243
Year Built
- Built in 1963
Home Design
- Duplex
Interior Spaces
- Property has 3 Levels
- Vinyl Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Additional Features
- Lot Dimensions are 60x121
- Central Heating and Cooling System
Community Details
- Mallory Avenue Terrace Subdivision
Listing and Financial Details
- Tax Lot 260
- Assessor Parcel Number 060048 00040
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
Jul 22, 2022
Closed on
Jul 15, 2022
Sold by
Lake Investment Holdings Llc
Bought by
List Price
$99,900
Sold Price
$99,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,725
Avg. Annual Appreciation
4.21%
Original Mortgage
$74,925
Outstanding Balance
$70,638
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$47,987
Purchase Details
Listed on
May 27, 2020
Closed on
May 27, 2020
Sold by
Mc2012 Properties Memphis Llc
Bought by
Lake Investment Holdings Llc
List Price
$45,000
Sold Price
$42,500
Premium/Discount to List
-$2,500
-5.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.81%
Purchase Details
Listed on
Jan 16, 2013
Closed on
Nov 8, 2013
Sold by
Alfred Lee Enterprises Llc
Bought by
Mc2012 Properties Memphis Llc
Seller's Agent
Beverly Hyter
KAIZEN Realty, LLC
Buyer's Agent
Rasheedah Jones
Dreamteam Realty Co
List Price
$46,000
Sold Price
$31,500
Premium/Discount to List
-$14,500
-31.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Purchase Details
Listed on
Jul 23, 2012
Closed on
Sep 21, 2012
Sold by
Federal National Mortgage Association
Bought by
Alfred Lee Enterprise Llc
Seller's Agent
Juan Brooks
Process Realty Services
Buyer's Agent
Beverly Hyter
KAIZEN Realty, LLC
List Price
$17,500
Sold Price
$12,100
Premium/Discount to List
-$5,400
-30.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
133.20%
Purchase Details
Closed on
Jun 21, 2012
Sold by
Johnson Christie E
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Dec 23, 2002
Sold by
Yates Linda Fay Ballentine
Bought by
Thomas Christie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
6.1%
Purchase Details
Closed on
Jun 3, 1996
Sold by
Armstrong Branch Shirley M
Bought by
Ballentine Linda Fay
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Southeast Memphis, TN
-
Jordan Ray
-
Tony Lavelle
Tony Lavelle
BHHS McLemore & Co. Realty
(901) 403-8295
53 Total Sales
1 in Southeast Memphis
$220,000 Price
-
Vashti Parson
Vashti Parson
C21 Patterson & Assoc. Real Es
(901) 441-8931
25 Total Sales
1 in Southeast Memphis
$190,000 Price
-
Walter Jones
Walter Jones
BEST Real Estate Company
(901) 459-5330
87 Total Sales
4 in Southeast Memphis
$59K - $175K Price Range
-
Frances Anderson
Frances Anderson
Crye-Leike, Inc., REALTORS
(901) 979-5033
132 Total Sales
6 in Southeast Memphis
$25K - $70K Price Range
-
Skip Miller
Skip Miller
Morris Realty & Auction, LLC
(901) 441-9006
30 Total Sales
2 in Southeast Memphis
$170K - $182K Price Range
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 |
|---|---|---|---|
| $99,900 | Memphis Title | ||
| Lake Investment Holdings Llc | $42,500 | Saddle Creek Title Llc | |
| Mc2012 Properties Memphis Llc | $31,500 | None Available | |
| Alfred Lee Enterprise Llc | $12,100 | Multiple | |
| Federal National Mortgage Association | $49,232 | None Available | |
| Thomas Christie | $40,000 | Assured Escrow & Title | |
| Ballentine Linda Fay | $30,000 | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $74,925 | ||
| Previous Owner | Thomas Christie | $32,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 01/14/2026 01/14/26 | For Sale | $99,900 | +122.0% | $59 / Sq Ft | |
| 01/14/2026 01/14/26 | For Sale | $45,000 | -55.0% | $27 / Sq Ft | |
| 07/22/2022 07/22/22 | Sold | $99,900 | 0.0% | $59 / Sq Ft | |
| 07/22/2022 07/22/22 | Sold | $99,900 | 0.0% | $71 / Sq Ft | View Prior Sale |
| 07/22/2022 07/22/22 | Pending | -- | -- | -- | |
| 06/20/2022 06/20/22 | Pending | -- | -- | -- | |
| 06/17/2022 06/17/22 | For Sale | $99,900 | +135.1% | $71 / Sq Ft | |
| 05/27/2020 05/27/20 | Sold | $42,500 | 0.0% | $25 / Sq Ft | View Prior Sale |
| 05/27/2020 05/27/20 | Sold | $42,500 | -5.6% | $30 / Sq Ft | View Prior Sale |
| 05/27/2020 05/27/20 | Pending | -- | -- | -- | |
| 05/08/2020 05/08/20 | Pending | -- | -- | -- | |
| 04/27/2020 04/27/20 | For Sale | $45,000 | +42.9% | $32 / Sq Ft | |
| 11/08/2013 11/08/13 | Sold | $31,500 | -31.5% | $22 / Sq Ft | View Prior Sale |
| 11/06/2013 11/06/13 | Pending | -- | -- | -- | |
| 01/16/2013 01/16/13 | For Sale | $46,000 | +280.2% | $32 / Sq Ft | |
| 09/21/2012 09/21/12 | Sold | $12,100 | -30.9% | $9 / Sq Ft | View Prior Sale |
| 09/10/2012 09/10/12 | Pending | -- | -- | -- | |
| 07/23/2012 07/23/12 | For Sale | $17,500 | -- | $12 / Sq Ft |
Source: Realtracs
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 | $1,028 | $38,200 | $2,600 | $35,600 |
| 2024 | $603 | $17,800 | $1,080 | $16,720 |
| 2023 | $1,084 | $17,800 | $1,080 | $16,720 |
| 2022 | $1,084 | $17,800 | $1,080 | $16,720 |
| 2021 | $1,097 | $17,800 | $1,080 | $16,720 |
| 2020 | $1,243 | $17,160 | $1,080 | $16,080 |
| 2019 | $548 | $17,160 | $1,080 | $16,080 |
| 2018 | $548 | $17,160 | $1,080 | $16,080 |
| 2017 | $561 | $17,160 | $1,080 | $16,080 |
| 2016 | $787 | $18,000 | $0 | $0 |
| 2014 | $787 | $18,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Tapley
Seller's Agent in 2022
Tyler Tapley
Crye-Leike, Inc., REALTORS
(901) 871-1290
41 in this area
1,069 Total Sales
-
William Haynes
Buyer's Agent in 2022
William Haynes
Crye-Leike, Inc., REALTORS
(865) 454-1124
16 in this area
240 Total Sales
-
Beverly Hyter
Seller's Agent in 2013
Beverly Hyter
KAIZEN Realty, LLC
(901) 219-6646
1 in this area
75 Total Sales
-
Rasheedah Jones
Buyer's Agent in 2013
Rasheedah Jones
Dreamteam Realty Co
(901) 335-5098
4 in this area
39 Total Sales
-
Juan Brooks
Seller's Agent in 2012
Juan Brooks
Process Realty Services
(901) 864-4145
2 in this area
80 Total Sales
-
DT
Seller Co-Listing Agent in 2012
Darnell Tate
Byrd Realty Services, LLC
Map
Source: Realtracs
MLS Number: RTC3086643
APN: 06-0048-0-0040
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.
Based on information submitted to the MLS GRID
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