$130,000
SOLD DEC 16, 2022
3 Beds
1.5 Baths
1,600-1,799 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

7% Below List Price

18 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Some Wood Windows
  • Wood Flooring
  • Separate Formal Living Room
  • Patio

About This Home

As of December 2022

Calling all investors! Great home in a perfect location in the Speedway Terrace neighborhood. Great opportunity for Airbnb, rental property, or flip. New roof was just put on 11/26.

Last Agent to Sell the Property

Crystal Mitchell

Renshaw Company, REALTORS License #346815 Listed on: 11/28/2022

Last Buyer's Agent

Valencia Gathwright

Keller Williams License #359046

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $951

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,658 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms | 6 Main Level Bedrooms

Outdoor Features

  • Patio

Community Details

  • Speedway Terr Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 036003 00036

Home Details

Home Type

Single Family

Est. Annual Taxes

$951

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
  • List Price Per Sq Ft: 84
  • Number Of Stories: 1
  • Price Per Sq Ft: 78.41
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1658
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 6
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Water Sewer: Public Water

Lot Info

  • Lot Description: Level
  • Lot Number: W PT 116
  • Acreage: 0.17
  • Lot Size: 50X150
  • Price Per Acre: 823529

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 036003 00036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2024
Sold by
Echelon Properties Llc
Bought by
Butler Property Llc

Purchase Details

Closed on
May 25, 2023
Sold by
Reconnect Investments Llc
Bought by
Echelon Properties 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,100
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2019
Sold by
Sellers Lillie
Bought by
Mdm Investments Of Memphis Llc
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 $242,100 Delta Title Services
Warranty Deed $187,000 Delta Title Services
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $242,100 New Conventional
Previous Owner $48,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Price Changed $229,900 -4.2% $144 / Sq Ft
04/22/2025 04/22/25 For Sale $239,900 +84.5% $150 / Sq Ft
12/16/2022 12/16/22 Sold $130,000 -7.1% $81 / Sq Ft
11/28/2022 11/28/22 For Sale $140,000 -- $88 / 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 $951 $60,575 $5,075 $55,500
2024 $951 $28,050 $2,000 $26,050
2023 $1,366 $22,425 $2,000 $20,425
2022 $1,366 $22,425 $2,000 $20,425
2021 $1,624 $22,425 $2,000 $20,425
2020 $862 $11,900 $2,000 $9,900
2019 $380 $11,900 $2,000 $9,900
2018 $380 $11,900 $2,000 $9,900
2017 $389 $11,900 $2,000 $9,900
2016 $648 $14,825 $0 $0
2014 $648 $14,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10138338

Memphis Area Association of REALTORS®

APN: 03-6003-0-0036