NOT LISTED FOR SALE

1490 Lake Grove St Memphis, TN 38108

Hyde Park Neighborhood

Estimated Value: $40,000 - $67,000

1 Bed
1 Bath
1,000 Sq Ft
$57/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $43,500 $44 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $384/month

190 Days on Market

About This Home

As of March 2021

INVESTORS ONLY. Tenant occupied. DO NOT APPROACH OR DISTURB TENANT. Professionally managed. Rents for $325 on one side and $215 on the other. Part of a large portfolio. Seller strongly prefers bulk offers, may or may not entertain individual offers.

Last Agent to Sell the Property

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 08/12/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $180

Year Built

  • Built in 1955

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x118
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property

Community Details

  • South Bungalow Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043009 00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$180

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 1488
  • MLS Map #: 743A
  • MAAR Subdivision Name: BUNGALOW PARK (SOUTH)
  • Freestanding: Yes
  • List Price Per Sq Ft: 45
  • Number Of Stories: 1
  • Price Per Sq Ft: 43.5
  • Estimated Sq Ft: 1000
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 277
  • Acreage: 0.1
  • Lot Size: 40X118
  • Price Per Acre: 450000

Tax Info

  • Assessor Parcel Number: 043009 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Feb 26, 2021
Sold by
Smd Real Estate Holdings Gp
Bought by
Albert Stephen
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$45,000
Sold Price
$43,500
Premium/Discount to List
-$1,500
-3.33%
Current Estimated Value
$67,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,887
Avg. Annual Appreciation
10.93%
Original Mortgage
$30,450
Outstanding Balance
$23,033
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$45,923

Purchase Details

Closed on
Jul 8, 2015
Sold by
W J Curry Son Llc
Bought by
Waddell John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
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
Albert Stephen $43,500 Memphis Title Company
Waddell John $305,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albert Stephen $30,450
Previous Owner Waddell John $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $43,500 0.0% $44 / Sq Ft
02/13/2021 02/13/21 Off Market $43,500 -- --
08/12/2020 08/12/20 For Sale $45,000 -- $45 / 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 $180 $14,640 $2,600 $12,040
2024 $180 $5,320 $1,400 $3,920
2023 $324 $5,320 $1,400 $3,920
2022 $180 $5,320 $1,400 $3,920
2021 $385 $5,320 $1,400 $3,920
2020 $577 $7,960 $1,400 $6,560
2019 $577 $7,960 $1,400 $6,560
2018 $577 $7,960 $1,400 $6,560
2017 $327 $7,960 $1,400 $6,560
2016 $381 $8,720 $0 $0
2014 $381 $8,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmie Tapley

    Seller's Agent in 2021

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    9 in this area

    276 Total Sales

    Section Image
  • Tyler Tapley

    Buyer's Agent in 2021

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    29 in this area

    1,235 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10082933

Memphis Area Association of REALTORS®

APN: 04-3009-0-0023

Tennessee Shelby County Memphis 38108 Hyde Park

1490 Lake Grove St, Memphis, TN

This home is located at 1490 Lake Grove St, Memphis, TN 38108 since 12 August 2020 and is currently estimated at $57,406, approximately $57 per square foot. This property was built in 1955. 1490 Lake Grove St is a home located in Shelby County with nearby schools including Douglass Elementary School, Douglass High School, and Promise Academy.

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