NOT LISTED FOR SALE

1455 Echles St Memphis, TN 38111

East Memphis Neighborhood

Estimated Value: $79,000 - $91,000

2 Beds
1 Bath
100-999 Sq Ft
$84/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2024

Last sale price $78,000 $78 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $471 / mo

3 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Wood Flooring
  • Wood Fence
  • 1-Story Property

About This Home

As of March 2024

Great investment opportunity! Professional property management is in place! Currently occupied by a tenant that is on a lease from 3/1/2023 until 2/29/2024. The current tenant is paying $785 per month. Do not approach or disturb tenants. No showings without an accepted offer. No wholesale or assignment.

Last Agent to Sell the Property

Mark Hart

Reedy & Company, REALTORS License #342634 Listed on: 01/23/2024

Last Buyer's Agent

Adam Underwood

Crye-Leike, Inc., REALTORS License #345013

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 18,731 Sq Ft Lot
  • Lot Dimensions are 88x212
  • Wood Fence
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Stone Exterior Construction
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 999 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • East Memphis Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058079 00011

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0.43 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: EAST MEMPHIS PARK
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 999
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • 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: Hardwood Throughout, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Washer/Dryer Connections

Exterior Features

  • Misc Exterior: Wood Fence
  • Exterior Windows: Stone
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 26&27&28
  • Acreage: 0.43
  • Lot Size: 88X212

Tax Info

  • Assessor Parcel Number: 058079 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Mar 12, 2024
Sold by
Real Rental Llc
Bought by
Garcia Jaime Cristobal
Seller's Agent
Mark Hart
Reedy & Company, REALTORS
Buyer's Agent
Adam Underwood
Crye-Leike, Inc., REALTORS
List Price
$75,000
Sold Price
$78,000
Premium/Discount to List
$3,000
4%
Views
8
Current Estimated Value
$83,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,619
Avg. Annual Appreciation
3.23%
Original Mortgage
$60,800
Outstanding Balance
$59,672
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$23,947

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jun 21, 2021
Sold by
City Flip Realty Group Llc
Bought by
Real Rental Llc
Seller's Agent
Ellecia Hayes
Keller Williams
Buyer's Agent
Walter Jones
BEST Real Estate Company
List Price
$72,500
Sold Price
$71,500
Premium/Discount to List
-$1,000
-1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%

Purchase Details

Closed on
Jan 29, 2020
Sold by
Houston Russell and Houston Regina
Bought by
City Flip Realty Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
3.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 8, 2016
Sold by
Gaines Louis R and Gaines Mary E
Bought by
Houston Russell and Houston Reynce
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Garcia Jaime Cristobal $76,000 Delta Title Services
Real Rental Llc $133,000 Millennial Title Llc
City Flip Realty Group Llc $16,000 Preferred Title & Escrow Llc
Houston Russell -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Garcia Jaime Cristobal $60,800
Previous Owner City Flip Realty Group Llc $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2024 03/15/24 Sold $78,000 +4.0% $780 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $75,000 +4.9% $750 / Sq Ft
06/25/2021 06/25/21 Sold $71,500 -1.4% $72 / Sq Ft View Prior Sale
06/16/2021 06/16/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $72,500 -- $73 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $295 $20,675 $2,375 $18,300
2024 $295 $8,700 $1,700 $7,000
2023 $530 $8,700 $1,700 $7,000
2022 $530 $8,700 $1,700 $7,000
2021 $536 $8,700 $1,700 $7,000
2020 $596 $8,225 $1,700 $6,525
2019 $263 $8,225 $1,700 $6,525
2018 $263 $8,225 $1,700 $6,525
2017 $269 $8,225 $1,700 $6,525
2016 $373 $8,525 $0 $0
2014 $373 $8,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mark Hart

    Reedy & Company, REALTORS

    (901) 800-6693

    6 in this area

    119 Total Sales

    Mark Hart
    Section Image
  • Adam Underwood

    Buyer's Agent in 2024

    Adam Underwood

    Crye-Leike, Inc., REALTORS

    (901) 413-8963

    24 in this area

    94 Total Sales

    Adam Underwood
    Section Image

  • E

    Seller's Agent in 2021

    Ellecia Hayes

    Keller Williams

    Section Image
  • Walter Jones

    Buyer's Agent in 2021

    Walter Jones

    BEST Real Estate Company

    (901) 235-3245

    11 in this area

    85 Total Sales

    Walter Jones
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10164384

Memphis Area Association of REALTORS®

APN: 05-8079-0-0011

Tennessee Shelby County Memphis 38111 East Memphis

1455 Echles St, Memphis, TN

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