$65,000
SOLD DEC 31, 2024

1402 Tutwiler Ave Memphis, TN 38107

Vollintine Evergreen Neighborhood
2 Beds
1 Bath
1,000-1,199 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

27% Below List Price

78 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • 1 Fireplace

About This Home

As of May 2025

Investors don’t miss out on this 2-bedroom, 1-bathroom home is situated in the Highpoint Speedway Terrace neighborhood. Located in a prime area known for its potential growth and revitalization, this property offers a solid investment opportunity. Whether you're looking to expand your rental portfolio or flip a property in a thriving market, this home provides excellent potential for appreciation.

Last Agent to Sell the Property

Tanika Bland

BEST Real Estate Company License #312705 Listed on: 10/01/2024

BEST Real Estate Company

Last Buyer's Agent

Melody Bourell

Marx-Bensdorf, REALTORS License #290370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $697

Year Built

  • Built in 1925

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 60x160
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,189 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Speedway Terrace Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 036004 00039

Home Details

Home Type

Single Family

Est. Annual Taxes

$697

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 744C
  • MAAR Subdivision Name: SPEEDWAY TERRACE BLK C
  • Number Of Stories: 1
  • Price Per Sq Ft: 54.67
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1189
  • Year Built: 1925
  • List Price/ Sq Ft: 70
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Lot Info

  • Lot Description: Level
  • Lot Number: 79
  • Acreage: 0.22
  • Lot Size: 60X160
  • Price Per Acre: 377273
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 036004 00039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
May 15, 2025
Sold by
Rivera Santos R
Bought by
Owens Chloe Alexandria
Seller's Agent
Melody Bourell
Marx-Bensdorf, REALTORS
Buyer's Agent
Sarah Heathcock
Keller Williams
List Price
$239,000
Sold Price
$227,000
Premium/Discount to List
-$12,000
-5.02%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-62.56%
Original Mortgage
$227,000
Outstanding Balance
$226,807
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$34,726

Purchase Details

Listed on
Oct 1, 2024
Closed on
Dec 31, 2024
Sold by
Mdm Investments Of Memphis Llc
Bought by
Rivera Santos R
Seller's Agent
Tanika Bland
BEST Real Estate Company
Buyer's Agent
Melody Bourell
Marx-Bensdorf, REALTORS
List Price
$89,000
Sold Price
$65,000
Premium/Discount to List
-$24,000
-26.97%
Views
108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2836.78%

Purchase Details

Closed on
Sep 4, 2024
Sold by
Chatman Oweater H and Chatman Kevin Dewayne
Bought by
Mdm Investments Of Memphis Llc

Purchase Details

Closed on
May 22, 1998
Sold by
Bernice Warren
Bought by
Chatman Charles H
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $227,000 None Listed On Document
Warranty Deed $65,000 Excel Title & Escrow
Warranty Deed $45,000 Excel Title & Escrow
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $227,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $227,000 -5.0% $189 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $239,000 +267.7% $199 / Sq Ft
12/31/2024 12/31/24 Sold $65,000 -21.7% $65 / Sq Ft
10/22/2024 10/22/24 Price Changed $83,000 -1.2% $83 / Sq Ft
10/14/2024 10/14/24 Price Changed $84,000 -5.6% $84 / Sq Ft
10/01/2024 10/01/24 For Sale $89,000 -- $89 / 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 $697 $26,025 $5,075 $20,950
2024 $697 $20,550 $2,000 $18,550
2023 $1,252 $20,550 $2,000 $18,550
2022 $1,252 $20,550 $2,000 $18,550
2021 $1,267 $20,550 $2,000 $18,550
2020 $1,138 $15,700 $2,000 $13,700
2019 $1,138 $15,700 $2,000 $13,700
2018 $1,138 $15,700 $2,000 $13,700
2017 $645 $15,700 $2,000 $13,700
2016 $692 $15,825 $0 $0
2014 $692 $15,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melody Bourell

    Seller's Agent in 2025

    Melody Bourell

    Marx-Bensdorf, REALTORS

    (901) 461-4016

    16 in this area

    265 Total Sales

    Melody Bourell
    Section Image

  • S

    Buyer's Agent in 2025

    Sarah Heathcock

    Keller Williams

    4 in this area

    57 Total Sales

    Sarah Heathcock
    Section Image
  • Tanika Bland

    Seller's Agent in 2024

    Tanika Bland

    BEST Real Estate Company

    (901) 859-8792

    2 in this area

    112 Total Sales

    Tanika Bland
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10182370

Memphis Area Association of REALTORS®

APN: 03-6004-0-0039

Tennessee Shelby County Memphis 38107 Vollintine Evergreen

1402 Tutwiler Ave, Memphis, TN

This home is located at 1402 Tutwiler Ave, Memphis, TN 38107 and is currently priced at $65,000, approximately $54 per square foot. This property was built in 1925. 1402 Tutwiler Ave is a home located in Shelby County with nearby schools including Snowden School, Manassas High School, and Perea Elementary School.

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