NOT LISTED FOR SALE

1497 E Alcy Rd Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $78,000 - $146,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$69/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $22,000 $14 Per Sq Ft

Est. 399% increase in value since last sale

Current estimated payment $656/month

331 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Level Lot
  • Wood Flooring
  • Central Heating
  • 2-minute walk to Alcy-Warren Park

About This Home

As of January 2017

Open floor plan. Nice hardwoods. Double garage. AS IS Sale.

Last Agent to Sell the Property

Mike Ward

Crye-Leike, Inc., REALTORS License #323054 Listed on: 01/15/2016

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Mike Ward

Crye-Leike, Inc., REALTORS License #323054 Listed on: 01/15/2016

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $480

Year Built

  • Built in 1959

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,497 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating

Community Details

  • Samuel Dattels Handy Re Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060158 00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$480

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748F
  • MAAR Subdivision Name: DATTELS HANDY ANN
  • List Price Per Sq Ft: 19
  • Number Of Stories: 1
  • Price Per Sq Ft: 14.7
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1497
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Brick Veneer

Garage/Parking

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

Utilities

  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 5
  • Acreage: 0.14
  • Lot Size: .149 acres
  • Price Per Acre: 200000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 060158 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2017
Sold by
Pope Ronald and Starks Larry
Bought by
Pope Ronald
Total Days on Market
331
Current Estimated Value
$109,750

Purchase Details

Listed on
Jan 15, 2016
Closed on
Jan 6, 2017
Sold by
Insiders Cash Llc
Bought by
Starks Larry
Seller's Agent
Mike Ward
Crye-Leike, Inc., REALTORS
Buyer's Agent
Mike Ward
Crye-Leike, Inc., REALTORS
List Price
$28,000
Sold Price
$22,000
Premium/Discount to List
-$6,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.06%
Original Mortgage
$21,230
Outstanding Balance
$11,043
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$98,707

Purchase Details

Closed on
Nov 6, 2014
Sold by
Equity Turst Co Custodian
Bought by
Insiders Cash Llc

Purchase Details

Closed on
Jul 2, 2012
Sold by
Direct J Home Solutions Llc
Bought by
Equity Trust Company and Ronald D Smith Ira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 20, 2011
Closed on
Feb 28, 2012
Sold by
Fannie Mae
Bought by
Direct J Home Solutions Llc
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jim Pickens
Lawrence Johnson, REALTORS
List Price
$20,800
Sold Price
$17,000
Premium/Discount to List
-$3,800
-18.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.08%

Purchase Details

Closed on
Dec 6, 2011
Sold by
Davis Carmen and Johnson Kenneth
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 26, 2004
Sold by
Union Planters Bank Na
Bought by
Johnson Kenneth and Davis Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 25, 2003
Sold by
Hervery Glen
Bought by
Union Planters Bank Na

Purchase Details

Closed on
Jun 18, 1999
Sold by
Cornelius Williams
Bought by
Hervery Glen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,400
Interest Rate
7.13%
Source: Public Records

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Range of Values:

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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
Pope Ronald -- Currie Title & Escrow Llc
Starks Larry $22,000 None Available
Insiders Cash Llc $40,000 None Available
Equity Trust Company $40,200 Westenn Title
Direct J Home Solutions Llc $17,000 None Available
Federal National Mortgage Association $60,996 None Available
Johnson Kenneth $69,000 --
Union Planters Bank Na $53,040 --
Hervery Glen $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starks Larry $21,230
Previous Owner Equity Trust Company $25,000
Previous Owner Davis Carmen $52,000
Previous Owner Johnson Kenneth $53,100
Previous Owner Johnson Kenneth $62,000
Previous Owner Johnson Kenneth $62,000
Previous Owner Hervery Glen $51,400
Closed Hervery Glen $3,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $22,000 -21.4% $16 / Sq Ft
12/11/2016 12/11/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $28,000 +64.7% $20 / Sq Ft
02/24/2012 02/24/12 Sold $17,000 -18.3% $11 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
12/20/2011 12/20/11 For Sale $20,800 -- $14 / 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 $480 $18,150 $1,875 $16,275
2024 $480 $14,150 $1,000 $13,150
2023 $862 $14,150 $1,000 $13,150
2022 $862 $14,150 $1,000 $13,150
2021 $872 $14,150 $1,000 $13,150
2020 $826 $11,400 $1,000 $10,400
2019 $826 $11,400 $1,000 $10,400
2018 $826 $11,400 $1,000 $10,400
2017 $469 $11,400 $1,000 $10,400
2016 $528 $12,075 $0 $0
2014 $528 $12,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Ward

    Seller's Agent in 2017

    Mike Ward

    Crye-Leike

    (901) 277-3869

    110 Total Sales

    Mike Ward
    Section Image
  • Jimmie Tapley

    Seller's Agent in 2012

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    27 in this area

    288 Total Sales

    Jimmie Tapley
    Section Image

  • J

    Buyer's Agent in 2012

    Jim Pickens

    Lawrence Johnson, REALTORS

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9969317

Memphis Area Association of REALTORS®

APN: 06-0158-0-0008

Tennessee Shelby County Memphis 38106 Southeast Memphis

1497 E Alcy Rd, Memphis, TN

This home is located at 1497 E Alcy Rd, Memphis, TN 38106 since 15 January 2016 and is currently estimated at $109,750, approximately $68 per square foot. This property was built in 1959. 1497 E Alcy Rd is a home located in Shelby County with nearby schools including Hamilton High School, Believe Memphis Academy Charter School, and Memphis College Preparatory.

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