$105,000
SOLD MAR 13, 2025

1498 Carlton Rd Memphis, TN 38106

Southeast Memphis Neighborhood
3 Beds
2 Baths
1,200-1,399 Sq Ft
0.9 Acres

Recently Sold

$75 Per Sq Ft

34% Below List Price

158 Days on Market

Highlights

  • Wood Burning Stove
  • Separate Formal Living Room
  • Some Wood Windows
  • Traditional Architecture
  • Den
  • Laundry closet

About This Home

As of March 2025

******BACK ON THE MARKET/FINANCING FELL THROUGH***Calling all Investors*** The property has 2 homes and the potential for 3 rental incomes. The main house has 3 bedrooms and 2 baths and has been rehabbed. The duplex left side has 3 bedrooms 1 bath and the right side has 1 bedroom 1 bath but has not been rehabbed. **PROPERTY SOLD AS IS**

Last Agent to Sell the Property

Sonja Tulacz

Crye-Leike, Inc., REALTORS License #328616 Listed on: 09/27/2024

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Stephanie Lewis

Purple Reign Realty License #266211

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $275

Year Built

  • Built in 1925

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 2,889 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Some Wood Windows
  • Separate Formal Living Room
  • Den
  • Iron Doors

Kitchen

  • Oven or Range
  • Cooktop

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Few Trees
  • Central Air

Community Details

  • Lincoln Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060158 00032

Home Details

Home Type

Single Family

Est. Annual Taxes

$275

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748F
  • MAAR Subdivision Name: LINCOLN
  • Number Of Stories: 1
  • Price Per Sq Ft: 36.34
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2889
  • Year Built: 1925
  • List Price/ Sq Ft: 50
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Tile, Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Den, Washer/Dryer Connections
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Wood Stove
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 3
  • Lot Size: 157.9 X 237.5 IRR
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 060158 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Mar 13, 2025
Sold by
King Alphonso Lee and Tracy Braden
Bought by
Perry Maurice
Seller's Agent
Sonja Tulacz
Crye-Leike, Inc., REALTORS
Buyer's Agent
Stephanie Lewis
Purple Reign Realty
List Price
$160,000
Sold Price
$105,000
Premium/Discount to List
-$55,000
-34.38%
Views
77
Current Estimated Value
$109,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,827
Avg. Annual Appreciation
16.76%

Purchase Details

Listed on
Nov 15, 2019
Closed on
Jul 1, 2020
Sold by
Butts Willie and Stewart Carrie
Bought by
King Alphonso Lee and King Tracy Braden
Seller's Agent
Sonja Tulacz
Crye-Leike, Inc., REALTORS
Buyer's Agent
Sonja Tulacz
Crye-Leike, Inc., REALTORS
List Price
$48,000
Sold Price
$41,500
Premium/Discount to List
-$6,500
-13.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.69%

Purchase Details

Closed on
Mar 29, 2010
Sold by
Baer & Company
Bought by
Wade Adell H and Carver Dexter D

Purchase Details

Closed on
Jul 23, 2007
Sold by
Tobano Realty Llc Wells Fargo
Bought by
Baer & Co Inc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $105,000 Realty Title & Escrow
Warranty Deed $41,500 Realty Title
Quit Claim Deed -- Realty Title
Quit Claim Deed $18,000 Professional Title & Escrow
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 Sold $105,000 -27.6% $88 / Sq Ft
03/04/2025 03/04/25 Pending -- -- --
11/17/2024 11/17/24 Price Changed $145,000 -9.4% $121 / Sq Ft
11/08/2024 11/08/24 For Sale $160,000 0.0% $133 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $160,000 +285.5% $133 / Sq Ft
08/28/2020 08/28/20 Sold $41,500 -3.5% $35 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
05/06/2020 05/06/20 Price Changed $43,000 -4.4% $36 / Sq Ft
04/17/2020 04/17/20 Price Changed $45,000 -6.3% $38 / Sq Ft
11/15/2019 11/15/19 For Sale $48,000 -- $40 / 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 $275 $35,850 $4,175 $31,675
2024 $275 $8,125 $2,800 $5,325
2023 $495 $8,125 $2,800 $5,325
2022 $495 $8,125 $2,800 $5,325
2021 $501 $8,125 $2,800 $5,325
2020 $815 $11,250 $2,800 $8,450
2019 $360 $11,250 $2,800 $8,450
2018 $360 $11,250 $2,800 $8,450
2017 $608 $18,575 $2,800 $15,775
2016 $754 $17,250 $0 $0
2014 $754 $17,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sonja Tulacz

    Seller's Agent in 2025

    Sonja Tulacz

    Crye-Leike

    (901) 292-1115

    6 in this area

    45 Total Sales

    Sonja Tulacz
    Section Image
  • Stephanie Lewis

    Buyer's Agent in 2025

    Stephanie Lewis

    Purple Reign Realty

    (901) 574-2148

    5 in this area

    66 Total Sales

    Stephanie Lewis
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10182164

Memphis Area Association of REALTORS®

APN: 06-0158-0-0032

Tennessee Shelby County Memphis 38106 Southeast Memphis

1498 Carlton Rd, Memphis, TN

This home is located at 1498 Carlton Rd, Memphis, TN 38106 and is currently priced at $105,000, approximately $75 per square foot. This property was built in 1925. 1498 Carlton 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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