NOT LISTED FOR SALE

1500 S Wellington St Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $83,000 - $97,000

3 Beds
2 Baths
2,458 Sq Ft
$36/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $15,000 $6 Per Sq Ft

Est. 498% increase in value since last sale

Current estimated payment $510/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Central Heating and Cooling System
  • Wood Flooring

About This Home

As of January 2019

Motivated seller. Cash buyer only!!. Great property for the price. Could be your personal home or convert into an cash flow property. Property is in and great area. Live on one side and lease the other.

Last Agent to Sell the Property

Stephanie Moss

BEST Real Estate Company License #303056 Listed on: 10/01/2017

BEST Real Estate Company

Last Buyer's Agent

Stephanie Moss

BEST Real Estate Company License #303056 Listed on: 10/01/2017

BEST Real Estate Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $442

Year Built

  • Built in 1932

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 50 x 211
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 2,458 Sq Ft Home
  • 1.5-Story Property
  • Popcorn or blown ceiling
  • 1 Fireplace
  • Wood Flooring

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Chandlerhs Shawdowlawn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 034006 00023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$442

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 1502
  • MLS Map #: 747B
  • MAAR Subdivision Name: CHANDLERS SHADOWLAWN
  • Freestanding: Yes
  • List Price Per Sq Ft: 8
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 6.1
  • Estimated Sq Ft: 2458
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Part Hardwood, Textured Ceiling
  • Number Of Fireplaces: 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 47
  • Acreage: 0.24
  • Lot Size: 50 X 211
  • Price Per Acre: 83333

Tax Info

  • Assessor Parcel Number: 034006 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2019
Sold by
Wilson Teretha
Bought by
Wilson Teretha and The Teretha Wilson Living Trust
Current Estimated Value
$89,625

Purchase Details

Listed on
Oct 1, 2017
Closed on
Jan 11, 2019
Sold by
Wiseman George Tennessee
Bought by
Wilson Teretha
Seller's Agent
Stephanie Moss
BEST Real Estate Company
Buyer's Agent
Stephanie Moss
BEST Real Estate Company
List Price
$45,000
Sold Price
$15,000
Premium/Discount to List
-$30,000
-66.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.83%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wilson Teretha -- None Available
Wilson Teretha $15,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teretha Wilson Living Trust $110,399
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Sold $15,000 -25.0% $6 / Sq Ft
11/11/2018 11/11/18 Price Changed $20,000 -55.6% $8 / Sq Ft
10/01/2017 10/01/17 For Sale $45,000 -- $18 / 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 $442 $18,325 $2,000 $16,325
2024 $442 $13,025 $1,125 $11,900
2023 $793 $13,025 $1,125 $11,900
2022 $793 $13,025 $1,125 $11,900
2021 $353 $13,025 $1,125 $11,900
2020 $862 $11,900 $1,125 $10,775
2019 $380 $11,900 $1,125 $10,775
2018 $380 $11,900 $1,125 $10,775
2017 $389 $11,900 $1,125 $10,775
2016 $556 $12,725 $0 $0
2014 $556 $12,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Stephanie Moss

    BEST Real Estate Company

    (901) 494-8698

    5 in this area

    47 Total Sales

    Stephanie Moss
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10014230

Memphis Area Association of REALTORS®

APN: 03-4006-0-0023

Tennessee Shelby County Memphis 38106 South Memphis

1500 S Wellington St, Memphis, TN

This home is located at 1500 S Wellington St, Memphis, TN 38106 since 01 October 2017 and is currently estimated at $89,625, approximately $36 per square foot. This property was built in 1932. 1500 S Wellington St is a home located in Shelby County with nearby schools including A. B. Hill Elementary School, Riverview Middle School, and Hamilton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes