NOT LISTED FOR SALE

1483 Paullus Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $118,273 - $129,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$78/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $114,000 $71 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $676/month

Highlights

  • Wood Flooring
  • Brick Veneer
  • Central Heating and Cooling System
  • Bonus Room
  • Laundry Room
  • Combination Dining and Living Room

About This Home

As of June 2024

Stately, brick, solid and cash flowing this tenant occupied, professionally managed investment is ready to go and could be yours! Owner has had many recent repairs done including substantial roof repairs to house and detached garage, new exterior paint, significant HVAC servicing, updated kitchen and bath. Property recently appraised for 115k. Currently rented for $995/mo. Lease ends 9/30/23. Tenant pays on time. Do not approach or disturb tenant, NO SHOWINGS WITHOUT AN ACCEPTED OFFER.

Last Agent to Rent the Property

Tom Fletcher

Memphis Property Management Pr License #322363 Listed on: 03/25/2024

Last Renter's Agent

Tom Fletcher

Memphis Property Management Pr License #322363 Listed on: 03/25/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 13,939 Sq Ft Lot
  • Lot Dimensions are 100x140
  • Wood Fence
  • Level Lot

Home Design

  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,534 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Fireplace Features Masonry
  • Window Treatments
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Play Room
  • Pull Down Stairs to Attic
  • Storm Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Garage
  • Workshop in Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Rolling Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070044 00002

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0.32 Acres

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MAAR Subdivision Name: ROLLING HILLS
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1534
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath, Play Room/Recreation Room, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, Decorative Only, In Living Room
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination, Washer/Dryer Connections
  • Misc Interior: Excl Some Window Treatmnt, Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room

Exterior Features

  • Exterior Windows: Brick Veneer, Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Parking Display: G0
  • Parking Storage: Driveway/Pad, Workshop(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 2
  • Acreage: 0.32
  • Lot Size: 100X140

Tax Info

  • Assessor Parcel Number: 070044 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Apr 28, 2023
Sold by
Olson Michael Shaun
Bought by
Moss Charles
List Price
$115,000
Sold Price
$114,000
Premium/Discount to List
-$1,000
-0.87%
Current Estimated Value
$117,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,668
Avg. Annual Appreciation
3.09%
Original Mortgage
$91,200
Outstanding Balance
$89,771
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$34,797

Purchase Details

Closed on
Mar 2, 2022
Sold by
Anderson Scott D
Bought by
Olson Michael Shaun

Purchase Details

Closed on
Feb 17, 2021
Sold by
Mb Casa Llc
Bought by
Davenport Marshall

Purchase Details

Closed on
Feb 20, 2019
Sold by
Stafford Annie Christine
Bought by
Mbc Asa Llc

Purchase Details

Closed on
Aug 15, 2014
Sold by
Wray John Sim and Wray Beatrice June
Bought by
Stafford Annie Christine

Purchase Details

Closed on
Aug 25, 2010
Sold by
Wray John Sim and Wray Beatrice June
Bought by
Wray John Sim and Wray Beatrice June
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

Date Buyer Sale Price Title Company
Moss Charles $114,000 Realty Title & Escrow
Olson Michael Shaun -- Apperson Crump Plc
Davenport Marshall $195,000 None Available
Mbc Asa Llc $20,000 Closetrack Clsoing & Title S
Stafford Annie Christine -- None Available
Wray John Sim -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moss Charles $91,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2026 01/14/26 For Sale $115,000 0.0% $77 / Sq Ft
06/03/2024 06/03/24 Rented $1,150 0.0% --
05/13/2024 05/13/24 Under Contract -- -- --
05/04/2024 05/04/24 Price Changed $1,150 -4.2% $1 / Sq Ft
04/05/2024 04/05/24 Price Changed $1,200 -7.7% $1 / Sq Ft
04/02/2024 04/02/24 Price Changed $1,300 -3.7% $1 / Sq Ft
03/25/2024 03/25/24 For Rent $1,350 0.0% --
04/28/2023 04/28/23 Sold $114,000 0.0% $76 / Sq Ft View Prior Sale
04/28/2023 04/28/23 Sold $114,000 0.0% $81 / Sq Ft View Prior Sale
04/28/2023 04/28/23 Pending -- -- --
03/31/2023 03/31/23 Pending -- -- --
03/30/2023 03/30/23 Price Changed $114,000 -0.9% $81 / Sq Ft
03/22/2023 03/22/23 For Sale $115,000 -- $82 / 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 $681 $30,350 $1,875 $28,475
2024 $681 $20,075 $1,550 $18,525
2023 $1,074 $17,625 $1,550 $16,075
2022 $1,074 $17,625 $1,550 $16,075
2021 $1,276 $17,625 $1,550 $16,075
2020 $870 $12,000 $1,550 $10,450
2019 $384 $12,000 $1,550 $10,450
2018 $384 $12,000 $1,550 $10,450
2017 $393 $12,000 $1,550 $10,450
2016 $586 $13,400 $0 $0
2014 $586 $13,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Landlord's Agent in 2024

    Tom Fletcher

    Memphis Property Management Pr

    24 Total Sales

    Tom Fletcher
    Section Image
  • William Haynes

    Seller's Agent in 2023

    William Haynes

    Crye-Leike, Inc., REALTORS

    (865) 454-1124

    40 in this area

    261 Total Sales

    William Haynes
    Section Image
  • Tina Smith

    Buyer's Agent in 2023

    Tina Smith

    PottersHouse Realty, LLC

    (901) 315-7739

    5 in this area

    65 Total Sales

    Tina Smith
    Section Image

  • J

    Buyer Co-Listing Agent in 2023

    Jason Smith

    PottersHouse Realty, LLC

    (901) 907-2284

    3 in this area

    11 Total Sales

    Jason Smith
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10168647

Memphis Area Association of REALTORS®

APN: 07-0044-0-0002

Tennessee Shelby County Memphis 38127 Frayser

1483 Paullus Ave, Memphis, TN

Not Listed for Sale

Detached

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