NOT LISTED FOR SALE

1402 E Mallory Ave Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $52,000 - $103,000

2 Beds
1 Bath
927 Sq Ft
$88/Sq Ft Est. Value

Last Sold May 24, 2012

Last sale price $6,500 $7 Per Sq Ft

Est. 1,148% increase in value since last sale

Current estimated payment $478/month

29 Days on Market

About This Home

As of May 2012

QUAINT INVESTMENT PROPERTY FOR THE DISCERING INVESTOR WHO WOULD LIKE TO PRODUCE POSITIVE CASH FLOW! KIT, LIVING RM 2 BD AND 1 BA. THIS PROPERTY WILL NOT LAST LONG. INVESTORS BID

Last Agent to Sell the Property

Carol Tate

Tate Realty and Construction License #56037 Listed on: 04/17/2012

Last Buyer's Agent

Kenneth Tate

Tate Realty and Construction License #56020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 4,792 Sq Ft Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 927 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Mallory Avenue Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060048 00039

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MALLORY AVE TERRACE
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 927
  • Year Built: 1957
  • 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

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 258&259
  • Acreage: 0.11
  • Lot Size: 0.110

Tax Info

  • Assessor Parcel Number: 060048 00039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2021
Sold by
Mid South Homebuyers Gp
Bought by
St Clair Crystal
Current Estimated Value
$81,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Outstanding Balance
$57,691
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$23,436

Purchase Details

Closed on
Jan 7, 2021
Sold by
Morris Vanessa Coleman and Morris Lawrence C
Bought by
Mid South Homebuyers Gp

Purchase Details

Listed on
Apr 17, 2012
Closed on
May 24, 2012
Sold by
Fannie Mae
Bought by
Morris Lawrence C and Morris Vanessa Coleman
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Kenneth Tate
Tate Realty and Construction
List Price
$7,800
Sold Price
$6,500
Premium/Discount to List
-$1,300
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.38%

Purchase Details

Closed on
Feb 21, 2012
Sold by
Nelson Stanley
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 23, 2002
Sold by
St Francisville Llc
Bought by
Nelson Stanley

Purchase Details

Closed on
Sep 10, 2002
Sold by
Henderson Nancy
Bought by
St Francisville Llc

Purchase Details

Closed on
Jan 6, 1999
Sold by
Armstrong Kenny W
Bought by
Mckenzie Vanessa

Purchase Details

Closed on
May 3, 1995
Bought by
Henderson Nancy
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

Date Buyer Sale Price Title Company
St Clair Crystal $83,500 Saddle Creek Title Llc
Mid South Homebuyers Gp $17,500 Memphis Title Company
Morris Lawrence C $6,500 Multiple
Federal National Mortgage Association $39,232 None Available
Nelson Stanley $14,600 Realty Title & Escrow Co Inc
St Francisville Llc $36,000 --
Mckenzie Vanessa $2,900 --
Mckenzie Vanessa $2,900 --
Henderson Nancy $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open St Clair Crystal $64,000
Closed Mid South Homebuyers Gp $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2012 05/24/12 Sold $6,500 -16.7% $7 / Sq Ft
05/16/2012 05/16/12 Pending -- -- --
04/17/2012 04/17/12 For Sale $7,800 -- $8 / 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 $636 $21,150 $1,475 $19,675
2024 $636 $18,750 $500 $18,250
2023 $1,142 $18,750 $500 $18,250
2022 $1,142 $18,750 $500 $18,250
2021 $574 $7,925 $500 $7,425
2020 $426 $5,875 $500 $5,375
2019 $188 $5,875 $500 $5,375
2018 $188 $5,875 $500 $5,375
2017 $192 $5,875 $500 $5,375
2016 $274 $6,275 $0 $0
2014 $274 $6,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Carol Tate

    Tate Realty and Construction

    (901) 458-4663

    1 in this area

    33 Total Sales

    Carol Tate
    Section Image

  • K

    Buyer's Agent in 2012

    Kenneth Tate

    Tate Realty and Construction

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3245329

Memphis Area Association of REALTORS®

APN: 06-0048-0-0039

Tennessee Shelby County Memphis 38106 Southeast Memphis

1402 E Mallory Ave, Memphis, TN

Not Listed for Sale

Detached

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