NOT LISTED FOR SALE

1487 Winfield Ave Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $135,614 - $147,000

3 Beds
1 Bath
1,277 Sq Ft
$109/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $28,000 $22 Per Sq Ft

Est. 396% increase in value since last sale

Current estimated payment $789/month

Highlights

  • Traditional Architecture
  • Porch
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • Patio
  • Partially Carpeted

About This Home

As of January 2017

Impressive collection of mostly leased properties being sold by single owner entity. Several desirable areas of Memphis Metro available. All parcels offered as-is/where-is with all faults and TENANT'S RIGHTS PREVAIL. PLEASE DO NOT DISTURB TENANTS. Seller and his agents offer no knowledge or opinions regarding condition. Offers accepted with inspection contingencies. Offers on multiple listings presented simultaneously encouraged and likely given greatest negotiation position.

Last Agent to Sell the Property

Frank Malvezzi

CB Properties of Memphis, LLC License #264358 Listed on: 10/31/2016

Last Buyer's Agent

Frank Malvezzi

CB Properties of Memphis, LLC License #264358 Listed on: 10/31/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $647

Year Built

  • Built in 1961

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,277 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Partially Carpeted
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Eason Hills Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 079163 00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$647

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 768F
  • MAAR Subdivision Name: EASON HILLS BLK B
  • List Price Per Sq Ft: 39
  • Number Of Stories: 1
  • Price Per Sq Ft: 21.93
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1277
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 70
  • Acreage: 0.2
  • Lot Size: 70/70.07 X 126.91/130.11
  • Price Per Acre: 249000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 079163 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2017
Sold by
Mid South Homebuyers Inc
Bought by
Weaver Brandon L and Weaver Brieana L
Current Estimated Value
$138,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Outstanding Balance
$45,749
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$93,155

Purchase Details

Listed on
Oct 31, 2016
Closed on
Jan 20, 2017
Sold by
Wim Real Estate Investmtn Llc
Bought by
Mid South Homebyrs
Seller's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
Buyer's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
List Price
$49,800
Sold Price
$28,000
Premium/Discount to List
-$21,800
-43.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.06%

Purchase Details

Closed on
Aug 2, 2013
Sold by
Memphis Investments Properties Llc
Bought by
Wim Real Estate Investments I Llc

Purchase Details

Closed on
Jun 22, 2007
Sold by
Memphis Investment Properties Llc
Bought by
Reedy Debra L

Purchase Details

Closed on
Feb 17, 2006
Sold by
West Roy and West Cynthia
Bought by
Hud

Purchase Details

Closed on
May 19, 1999
Sold by
Frazer Windless
Bought by
West Ii Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,930
Interest Rate
7.66%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Weaver Brandon L $69,000 Saddle Creek Title Llc
Mid South Homebyrs $28,000 Saddle Creek Title
Wim Real Estate Investments I Llc $70,353 None Available
Reedy Debra L -- None Available
Hud $58,598 None Available
West Ii Roy $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaver Brandon L $55,200
Previous Owner West Ii Roy $55,930
Closed West Ii Roy $3,500
Closed Mid South Homebyrs $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2017 01/20/17 Sold $28,000 -43.8% $22 / Sq Ft
12/30/2016 12/30/16 Pending -- -- --
10/31/2016 10/31/16 For Sale $49,800 -- $39 / 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 $647 $32,725 $4,250 $28,475
2024 $647 $19,075 $3,125 $15,950
2023 $1,162 $19,075 $3,125 $15,950
2022 $1,162 $19,075 $3,125 $15,950
2021 $1,176 $19,075 $3,125 $15,950
2020 $1,188 $16,400 $3,125 $13,275
2019 $1,188 $16,400 $3,125 $13,275
2018 $1,188 $16,400 $3,125 $13,275
2017 $674 $16,400 $3,125 $13,275
2016 $706 $16,150 $0 $0
2014 $706 $16,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frank Malvezzi

    Seller's Agent in 2017

    Frank Malvezzi

    CB Properties of Memphis, LLC

    (901) 619-4145

    26 in this area

    84 Total Sales

    Frank Malvezzi
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9989978

Memphis Area Association of REALTORS®

APN: 07-9163-0-0006

Tennessee Shelby County Memphis 38116 Whitehaven

1487 Winfield Ave, Memphis, TN

This home is located at 1487 Winfield Ave, Memphis, TN 38116 since 31 October 2016 and is currently estimated at $138,904, approximately $108 per square foot. This property was built in 1961. 1487 Winfield Ave is a home located in Shelby County with nearby schools including Holmes Road Elementary School, Havenview Middle School, and Whitehaven High School.

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