NOT LISTED FOR SALE

1423 Effie Rd Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $45,000 - $64,000

2 Beds
1 Bath
772 Sq Ft
$67/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $43,000 $56 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $293/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • 1-Story Property
  • Wood Flooring

About This Home

As of October 2021

Do not disturb tenant. This is the perfect investment property for your portfolio! Brick- low maintenance home, wood floors, recently painted.

Last Agent to Sell the Property

Stacy Hobson

J Hunter Realty License #303816 Listed on: 08/26/2021

Last Buyer's Agent

Thomas Blanche

Northpoint Asset Management, L License #330484

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x102
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 772 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Community Details

  • Mallory Avenue Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060051 00042

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MALLORY AVE TERRACE
  • List Price Per Sq Ft: 62
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 772
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 119 &120
  • Acreage: 0.11
  • Lot Size: 50X102

Tax Info

  • Assessor Parcel Number: 060051 00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 1, 2021
Sold by
Warner Moore
Bought by
1893 Mcpherson Dr Llc
Seller's Agent
Stacy Hobson
J Hunter Realty
Buyer's Agent
Thomas Blanche
Northpoint Asset Management, L
List Price
$45,000
Sold Price
$43,000
Premium/Discount to List
-$2,000
-4.44%
Current Estimated Value
$51,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,630
Avg. Annual Appreciation
4.36%

Purchase Details

Listed on
Mar 11, 2020
Closed on
May 20, 2020
Sold by
Keller Allen H
Bought by
Moore Warner
Seller's Agent
Michelle Hayes Thomas
Hayes Homes and Realty, Inc
Buyer's Agent
Stacy Hobson
J Hunter Realty
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.05%

Purchase Details

Listed on
Jun 3, 2019
Closed on
Jun 28, 2019
Sold by
Blanchard Loretta D
Bought by
Keller Allen H
Seller's Agent
King Caldwell
KC Enterprise, Property Manage
Buyer's Agent
Dorinda Crawford
BenchMark REALTORS, LLC
List Price
$25,500
Sold Price
$25,000
Premium/Discount to List
-$500
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.73%

Purchase Details

Closed on
Aug 15, 2011
Sold by
Blanchard Kiara C
Bought by
Blanchard Loretta D

Purchase Details

Closed on
May 6, 1996
Sold by
Caldwell King and Caldwell Pearlie S
Bought by
Blanchard Sidney T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
10%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 13, 1994
Bought by
King Caldwell and King Pearlie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1893 Mcpherson Dr Llc $43,000 Preferred Title & Escrow
Moore Warner $30,000 Preferred Title & Escrow Llc
Keller Allen H $25,000 Sure Title Company Llc
Blanchard Loretta D $28,000 None Available
Blanchard Sidney T $36,200 Stewart Title Company
Blanchard Sidney T $36,200 Stewart Title Company
King Caldwell $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blanchard Sidney T $34,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2021 10/01/21 Sold $43,000 -9.5% $56 / Sq Ft
08/27/2021 08/27/21 Price Changed $47,500 +5.6% $62 / Sq Ft
08/26/2021 08/26/21 For Sale $45,000 +50.0% $58 / Sq Ft
05/20/2020 05/20/20 Sold $30,000 0.0% $300 / Sq Ft View Prior Sale
05/11/2020 05/11/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $30,000 +20.0% $300 / Sq Ft
07/01/2019 07/01/19 Sold $25,000 -2.0% $250 / Sq Ft View Prior Sale
06/03/2019 06/03/19 For Sale $25,500 -- $255 / 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 $272 $11,200 $1,475 $9,725
2024 $272 $8,025 $500 $7,525
2023 $489 $8,025 $500 $7,525
2022 $489 $8,025 $500 $7,525
2021 $218 $8,025 $500 $7,525
2020 $174 $5,450 $500 $4,950
2019 $174 $5,450 $500 $4,950
2018 $174 $5,450 $500 $4,950
2017 $178 $5,450 $500 $4,950
2016 $255 $5,825 $0 $0
2014 $255 $5,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Stacy Hobson

    J Hunter Realty

    (901) 483-0412

    3 in this area

    112 Total Sales

    Stacy Hobson
    Section Image
  • Thomas Blanche

    Buyer's Agent in 2021

    Thomas Blanche

    Northpoint Asset Management, L

    (901) 288-9801

    1 in this area

    54 Total Sales

    Thomas Blanche
    Section Image
  • Michelle Hayes Thomas

    Seller's Agent in 2020

    Michelle Hayes Thomas

    Hayes Homes and Realty, Inc

    (901) 650-0486

    6 in this area

    225 Total Sales

    Michelle Hayes Thomas
    Section Image

  • T

    Seller Co-Listing Agent in 2020

    Tameco Cody

    MLE Realty, LLC

    Section Image
  • King Caldwell

    Seller's Agent in 2019

    King Caldwell

    KC Enterprise, Property Manage

    (901) 482-1752

    1 in this area

    5 Total Sales

    King Caldwell
    Section Image
  • Dorinda Crawford

    Buyer's Agent in 2019

    Dorinda Crawford

    BenchMark REALTORS, LLC

    (901) 568-2383

    43 Total Sales

    Dorinda Crawford
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10107382

Memphis Area Association of REALTORS®

APN: 06-0051-0-0042

Tennessee Shelby County Memphis 38106 Southeast Memphis

1423 Effie Rd, Memphis, TN

Not Listed for Sale

Detached

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.

Memphis Area Association of REALTORS® Listing content and images Copyright 2025 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Nearby Homes