1398 E Mallory Ave Memphis, TN 38106
Southeast Memphis Neighborhood
2
Beds
1
Bath
1,417
Sq Ft
6,534
Sq Ft Lot
Highlights
- Traditional Architecture
- Central Heating and Cooling System
- 1-Story Property
About This Home
As of July 2022Brick duplex on corner lot for sale 100% occupied being marketed to investors only. Professionally managed by Revid Management. Seller has multiple properties for sale (please ask for additional addresses) & will look at BULK SALE OFFERS or sell individually. Leases,rent rolls, repair history, cash flow statements available by request. Investor buyers only, do not disturb or approach tenant. Make offer contingent on interior access.
Last Agent to Sell the Property
Crye-Leike, Inc., REALTORS License #296080 Listed on: 04/27/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $603
Year Built
- Built in 1960
Lot Details
- 6,534 Sq Ft Lot
- Few Trees
Parking
- Driveway
Home Design
- Traditional Architecture
Interior Spaces
- 1,417 Sq Ft Home
- 1-Story Property
Utilities
- Central Heating and Cooling System
Community Details
- Mallory Avenue Terrace Subdivision
Listing and Financial Details
- Assessor Parcel Number 060048 00040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2022
Closed on
Jul 15, 2022
Sold by
Lake Investment Holdings Llc
Bought by
Yuriar Bryant
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
William Haynes
Crye-Leike, Inc., REALTORS
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
$12,539
Avg. Annual Appreciation
3.94%
Original Mortgage
$74,925
Outstanding Balance
$72,059
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$40,380
Purchase Details
Listed on
Apr 27, 2020
Closed on
May 27, 2020
Sold by
Mc2012 Properties Memphis Llc
Bought by
Lake Investment Holdings Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
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 Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,607
Interest Rate
7.88%
Mortgage Type
FHA
Similar Homes in Memphis, TN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $99,900 | Memphis Title | |
| Warranty Deed | $42,500 | Saddle Creek Title Llc | |
| Warranty Deed | $31,500 | None Available | |
| Special Warranty Deed | $12,100 | Multiple | |
| Trustee Deed | $49,232 | None Available | |
| Warranty Deed | $40,000 | Assured Escrow & Title | |
| Warranty Deed | $30,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $74,925 | New Conventional | |
| Previous Owner | $50,150 | Unknown | |
| Previous Owner | $23,444 | Credit Line Revolving | |
| Previous Owner | $32,000 | No Value Available | |
| Previous Owner | $3,523 | Unknown | |
| Previous Owner | $27,607 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2022 07/22/22 | Sold | $99,900 | 0.0% | $71 / Sq Ft |
| 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 | -5.6% | $30 / Sq Ft |
| 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 |
| 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 |
| 09/10/2012 09/10/12 | Pending | -- | -- | -- |
| 07/23/2012 07/23/12 | For Sale | $17,500 | -- | $12 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $603 | $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
-
Seller's Agent in 2022
Tyler Tapley
Crye-Leike, Inc., REALTORS
(901) 871-1290
45 in this area
1,234 Total Sales
-
Buyer's Agent in 2022
William Haynes
Crye-Leike, Inc., REALTORS
(865) 454-1124
15 in this area
258 Total Sales
-
Seller's Agent in 2013
Beverly Hyter
KAIZEN Realty, LLC
(901) 219-6646
3 in this area
88 Total Sales
-
Buyer's Agent in 2013
Rasheedah Jones
Dreamteam Realty Co
(901) 335-5098
3 in this area
49 Total Sales
-
Seller's Agent in 2012
Juan Brooks
Process Realty Services
(901) 864-4145
1 in this area
61 Total Sales
-
R
Seller Co-Listing Agent in 2012
R Darnell Tate
Byrd Realty Services, LLC
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10075427
APN: 06-0048-0-0040
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