NOT LISTED FOR SALE

1494 Compton Ave Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $72,000 - $113,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$77/Sq Ft Est. Value

Last Sold July 30, 2012

Last sale price $18,450 $15 Per Sq Ft

Est. 402% increase in value since last sale

Current estimated payment $516/month

25 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 3-minute walk to Alcy-Warren Park
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of July 2012

This home is located at 1494 Compton Ave, Memphis, TN 38106 since 18 June 2012 and is currently estimated at $92,550, approximately $92 per square foot. This property was built in 1959. 1494 Compton Ave is a home located in Shelby County with nearby schools including Hamilton High School, Memphis College Preparatory, and Veritas College Preparatory.

Last Agent to Sell the Property

Carol Tate

Tate Realty and Construction License #56037 Listed on: 06/18/2012

Last Buyer's Agent

Carol Tate

Tate Realty and Construction License #56037 Listed on: 06/18/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,188 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Norris View First Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060035 00010

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: NORRIS VIEW 1ST ADD
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1188
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 27
  • Acreage: 0.13
  • Lot Size: 0.13 ACRES

Tax Info

  • Assessor Parcel Number: 060035 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2012
Closed on
Jul 30, 2012
Sold by
Fannie Mae
Bought by
Bridges Clete M
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Carol Tate
Tate Realty and Construction
List Price
$20,800
Sold Price
$18,450
Premium/Discount to List
-$2,350
-11.3%
Current Estimated Value
$92,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,100
Avg. Annual Appreciation
12.75%

Purchase Details

Closed on
Apr 24, 2012
Sold by
Junker Evan R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 7, 2008
Sold by
H & J Properties Llc
Bought by
Junker Evan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,300
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2008
Sold by
Swift Laura
Bought by
H & J Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,300
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Swift Laura

Purchase Details

Closed on
May 22, 2008
Sold by
Wilson Ervin Marixa
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-1

Purchase Details

Closed on
Nov 18, 2005
Sold by
Porter Michael A
Bought by
Wilson Ervin Marixa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
9.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 8, 2005
Sold by
Monroe Jolene
Bought by
Porter Micheal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
9.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 1, 2005
Sold by
Porter Michael A
Bought by
Monroe Jolene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
9.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 3, 2005
Sold by
Porter Micheal A
Bought by
Moore Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
9.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 15, 1998
Sold by
Porter Rosie N
Bought by
Porter Michael A
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
Bridges Clete M $18,450 None Available
Federal National Mortgage Association $36,425 None Available
Junker Evan $25,900 None Available
H & J Properties Llc -- None Available
Swift Laura $20,000 Executive Title & Closing In
Deutsche Bank National Trust Co $31,500 None Available
Wilson Ervin Marixa $70,000 Assured Escrow & Title
Porter Micheal A -- Assured Escrow & Title
Porter Micheal A -- Assured Escrow & Title
Monroe Jolene -- --
Moore Jacqueline -- --
Porter Michael A -- --
Porter Michael A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Junker Evan $32,300
Previous Owner Wilson Ervin Marixa $63,000
Closed Wilson Ervin Marixa $3,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2012 07/30/12 Sold $18,450 -11.3% $18 / Sq Ft
07/13/2012 07/13/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $20,800 -- $21 / 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 $383 $17,100 $1,875 $15,225
2024 $383 $11,300 $1,000 $10,300
2023 $688 $11,300 $1,000 $10,300
2022 $688 $11,300 $1,000 $10,300
2021 $696 $11,300 $1,000 $10,300
2020 $763 $10,525 $1,000 $9,525
2019 $763 $10,525 $1,000 $9,525
2018 $763 $10,525 $1,000 $9,525
2017 $433 $10,525 $1,000 $9,525
2016 $473 $10,825 $0 $0
2014 $473 $10,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Carol Tate

    Tate Realty and Construction

    (901) 458-4663

    1 in this area

    33 Total Sales

    Carol Tate
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3249942

Memphis Area Association of REALTORS®

APN: 06-0035-0-0010

Tennessee Shelby County Memphis 38106 Southeast Memphis

1494 Compton Ave, Memphis, TN

Not Listed for Sale

Detached

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