NOT LISTED FOR SALE

1485 Preston St Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $53,239 - $86,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$48/Sq Ft Est. Value

Last Sold October 02, 2018

Last sale price $14,100 $10 Per Sq Ft

Est. 376% increase in value since last sale

Current estimated payment $379/month

Highlights

  • 1 Fireplace
  • Bungalow
  • Level Lot
  • Separate Formal Living Room
  • Central Air
  • 1-Story Property

About This Home

As of October 2018

Great opportunity to own this 3 bedroom 1 bathroom single family home. This property built in 1915 has approximately 1308 square feet of living space. Close to restaurants and shopping. Bring your ideas and design and see how you can transform this place into just what you’ve been looking for.

Last Agent to Sell the Property

Courtney Read

Vylla Home License #323369 Listed on: 07/28/2018

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $266

Year Built

  • Built in 1915

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Parking

  • Parking Lot

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,308 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air

Community Details

  • Central Land Co Blk 7 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 034002 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$266

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MLS Map #: 747B
  • MAAR Subdivision Name: CENTRAL LAND CO BLK 7
  • List Price Per Sq Ft: 8
  • Number Of Stories: 1
  • Price Per Sq Ft: 10.78
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1308
  • Year Built: 1915
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Exterior Windows: Vinyl Siding, Aluminum Window(s)

Garage/Parking

  • Parking Storage: Parking Lot

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 8
  • Acreage: 0.16
  • Lot Size: 6969
  • Price Per Acre: 62500

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 034002 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2018
Closed on
Sep 25, 2018
Sold by
U S Bank National Association
Bought by
Lucern Assets Llc
Seller's Agent
Courtney Read
Vylla Home
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$10,000
Sold Price
$14,100
Premium/Discount to List
$4,100
41%
Current Estimated Value
$67,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,960
Avg. Annual Appreciation
25.80%

Purchase Details

Closed on
Jun 11, 2018
Sold by
Hayslett Michelle Prewitt and Tolbert Ytessa
Bought by
U S Bank Na Bnak Of America Na and Lasalle Bank Na Residentail Asset Mortga

Purchase Details

Closed on
Mar 28, 2014
Sold by
Hayslett Michelle P
Bought by
Tolbert Ytessa

Purchase Details

Closed on
Aug 30, 2006
Sold by
Harris Frances
Bought by
Tolbert Ytessa and Hayslett Michelle Prewitt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
10.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2002
Sold by
White Harris Ruby O
Bought by
Harris Frances

Purchase Details

Closed on
Oct 8, 2001
Sold by
Harris Frances A
Bought by
Harris Ruby O

Purchase Details

Closed on
Jun 15, 2001
Sold by
Harris Ruby O
Bought by
Harris Frances

Purchase Details

Closed on
Aug 5, 1998
Sold by
Bullock James
Bought by
Harris Ruby O

Purchase Details

Closed on
Jun 11, 1998
Sold by
Harris Ruby O
Bought by
Bullock James
Source: Public Records

Range of Values:

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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
Lucern Assets Llc $13,100 Premium Title Services Inc
U S Bank Na Bnak Of America Na $15,840 None Available
Tolbert Ytessa -- None Available
Tolbert Ytessa $55,000 Equity Title & Escrow
Harris Frances -- --
Harris Ruby O -- --
Harris Frances -- --
Harris Ruby O -- --
Bullock James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tolbert Ytessa $50,000
Previous Owner Tolbert Ytessa $5,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2018 10/02/18 Sold $14,100 +41.0% $12 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
07/28/2018 07/28/18 For Sale $10,000 -- $8 / 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 $266 $9,475 $1,500 $7,975
2024 $266 $7,850 $750 $7,100
2023 $478 $7,850 $750 $7,100
2022 $478 $7,850 $750 $7,100
2021 $213 $7,850 $750 $7,100
2020 $464 $6,400 $750 $5,650
2019 $205 $6,400 $750 $5,650
2018 $205 $6,400 $750 $5,650
2017 $209 $6,400 $750 $5,650
2016 $294 $6,725 $0 $0
2014 $294 $6,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Courtney Read

    Vylla Home

    (901) 282-5624

    1 in this area

    482 Total Sales

    Courtney Read
    Section Image

  • N

    Buyer's Agent in 2018

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10032998

Memphis Area Association of REALTORS®

APN: 03-4002-0-0009

Tennessee Shelby County Memphis 38106 South Memphis

1485 Preston St, Memphis, TN

This home is located at 1485 Preston St, Memphis, TN 38106 since 28 July 2018 and is currently estimated at $67,060, approximately $47 per square foot. This property was built in 1915. 1485 Preston St is a home located in Shelby County with nearby schools including A. B. Hill Elementary School, Riverview Middle School, and Hamilton High School.

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