NOT LISTED FOR SALE

1439 Semmes St Unit 32 Memphis, TN 38114

Orange Mound Neighborhood

Estimated Value: $80,000 - $88,877

2 Beds
1 Bath
100-999 Sq Ft
6 Acres

Last Sold September 26, 2019

Last sale price $18,000 $18 Per Sq Ft

Est. 368% increase in value since last sale

Current estimated payment $486/month

260 Days on Market

Highlights

  • 5.93 Acre Lot
  • Separate Formal Living Room
  • Detached Garage
  • Traditional Architecture
  • Some Wood Windows
  • Porch

About This Home

As of September 2019

This 2 BR/1 BA condo is a perfect investment opportunity with a cash flow of $500 a month with an ideal tenant on a month-to-month lease. Please do not disturb tenant.

Last Agent to Sell the Property

Heath Gooch

STIXNBRIX License #273330 Listed on: 01/08/2019

Last Buyer's Agent

Gina Angotti

Angotti Agency License #295865

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $168

Year Built

  • Built in 1950

Lot Details

  • 6

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 744 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Some Wood Windows
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Vinyl Flooring
  • Iron Doors
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Garage
  • On-Street Parking

Additional Features

  • Porch
  • Ground Level
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 059016 00202

Community Details

Overview

  • Property has a Home Owners Association
  • $70 Maintenance Fee
  • Cherry Park Condominiums Subdivision
  • Property managed by Molly Reeves Realty

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$168

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • MLS Map #: 757F
  • MAAR Subdivision Name: CHEROKEE
  • Condo: Yes
  • List Price Per Sq Ft: 40
  • Number Of Stories: 1
  • Price Per Sq Ft: 24.19
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 744
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Vinyl Floor, Sprayed Ceiling
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, W/D Connection in Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s)

Garage/Parking

  • Attached Detached Parking: Detached
  • Parking Display: 0D
  • Parking Storage: Street Parking Only

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condo Amenities: Community Laundry
  • Condominium Association: Yes
  • Management Company: Molly Reeves Realty

Fee Information

  • Monthly Maintenance Fee: 70

Lot Info

  • Lot Number: UNIT 32
  • Acreage: 5.93
  • Price Per Acre: 5042

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 059016 00202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Sep 26, 2019
Sold by
Sbab Llc
Bought by
Abbas Massab and Abbas Sara Belle
Seller's Agent
Heath Gooch
STIXNBRIX
Buyer's Agent
Gina Angotti
Angotti Agency
List Price
$39,000
Sold Price
$18,000
Premium/Discount to List
-$21,000
-53.85%
Total Days on Market
260
Current Estimated Value
$84,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,219
Avg. Annual Appreciation
31.09%

Purchase Details

Closed on
Nov 2, 2017
Sold by
Burks Vebbie
Bought by
Sbab 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 Buyer Sale Price Title Company
Abbas Massab $18,000 Memphis Title Co
Sbab Llc $200,000 Saddle Creek Title Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2019 09/26/19 Sold $18,000 -39.8% $180 / Sq Ft
04/05/2019 04/05/19 Price Changed $29,900 -9.4% $299 / Sq Ft
02/20/2019 02/20/19 Price Changed $33,000 -15.4% $330 / Sq Ft
01/08/2019 01/08/19 For Sale $39,000 -- $390 / 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 $168 $18,200 $1,125 $17,075
2024 $168 $4,950 $1,125 $3,825
2023 $302 $4,950 $1,125 $3,825
2022 $302 $4,950 $1,125 $3,825
2021 $171 $4,950 $1,125 $3,825
2020 $263 $3,625 $1,125 $2,500
2019 $116 $3,625 $1,125 $2,500
2018 $116 $3,625 $1,125 $2,500
2017 $119 $3,625 $1,125 $2,500
2016 $170 $3,900 $0 $0
2014 $170 $3,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heath Gooch

    Seller's Agent in 2019

    Heath Gooch

    STIXNBRIX

    (901) 745-7500

    43 Total Sales

    Heath Gooch
    Section Image

  • G

    Buyer's Agent in 2019

    Gina Angotti

    Angotti Agency

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10043570

Memphis Area Association of REALTORS®

APN: 05-9016-0-0202

Tennessee Shelby County Memphis 38114 Orange Mound

1439 Semmes St Unit 32, Memphis, TN

This home is located at 1439 Semmes St Unit 32, Memphis, TN 38114 since 08 January 2019 and is currently estimated at $84,219, approximately $84 per square foot. This property was built in 1950. 1439 Semmes St Unit 32 is a home located in Shelby County with nearby schools including Cherokee Elementary School, Sherwood Middle, and Melrose High School.

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