NOT LISTED FOR SALE

1503 Mink St Memphis, TN 38111

Audubon Park Neighborhood

Estimated Value: $101,000 - $140,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$97/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $90,000 $75 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $654/month

34 Days on Market

About This Home

As of August 2023

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 07/11/2023

Last Buyer's Agent

Melissa Wilbanks

Crye-Leike, Inc., REALTORS License #277840

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $464

Year Built

  • Built in 1953

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 60x153

Parking

  • 1 Parking Space

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,118 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Cherry Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058106 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$464

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 758E
  • MAAR Subdivision Name: CHERRY GARDENS
  • Number Of Stories: 1
  • Price Per Sq Ft: 80.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1118
  • Year Built: 1953
  • List Price/ Sq Ft: 89
  • 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
  • Total Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 143
  • Acreage: 0.38
  • Lot Size: 60X153
  • Price Per Acre: 263158

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 058106 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Aug 15, 2023
Sold by
Vb Two Llc
Bought by
Memphis Cashflow Gp
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Melissa Wilbanks
Crye-Leike, Inc., REALTORS
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%
Views
61
Current Estimated Value
$115,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,922
Avg. Annual Appreciation
12.43%

Purchase Details

Closed on
Feb 1, 2021
Sold by
Vb One Llc
Bought by
Vb Two Llc

Purchase Details

Closed on
Jun 20, 2019
Sold by
Wmmc Construction Llc
Bought by
Vb One Llc

Purchase Details

Closed on
Aug 18, 2009
Sold by
Coleman Matthew Jeremy
Bought by
Coleman Real Estate Llc

Purchase Details

Closed on
Jul 14, 2006
Sold by
Webb Dewayne
Bought by
Hud

Purchase Details

Closed on
Jun 22, 2000
Sold by
Sims Realty Inc
Bought by
Webb Dewayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,410
Interest Rate
8.63%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 1999
Sold by
Cumberland Jackie
Bought by
Sims Realty Inc
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
Memphis Cashflow Gp $90,000 Saddle Creek Title
Vb Two Llc -- None Available
Vb One Llc $517,500 None Available
Coleman Real Estate Llc -- None Available
Coleman Real Estate Llc -- None Available
Hud $63,110 None Available
Webb Dewayne $59,900 --
Sims Realty Inc $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Webb Dewayne $59,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2023 08/17/23 Sold $90,000 -10.0% $90 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $100,000 -- $100 / 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 $464 $23,900 $5,000 $18,900
2024 -- $13,700 $2,900 $10,800
2023 $835 $13,700 $2,900 $10,800
2022 $835 $13,700 $2,900 $10,800
2021 $992 $13,700 $2,900 $10,800
2020 $877 $12,100 $2,650 $9,450
2019 $387 $12,100 $2,650 $9,450
2018 $387 $12,100 $2,650 $9,450
2017 $396 $12,100 $2,650 $9,450
2016 $588 $13,450 $0 $0
2014 $588 $13,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2023

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    74 in this area

    1,435 Total Sales

    Dean Harris
    Section Image
  • Melissa Wilbanks

    Buyer's Agent in 2023

    Melissa Wilbanks

    Crye-Leike

    (901) 438-1107

    14 in this area

    95 Total Sales

    Melissa Wilbanks
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10151980

Memphis Area Association of REALTORS®

APN: 05-8106-0-0010

Tennessee Shelby County Memphis 38111 Audubon Park

1503 Mink St, Memphis, TN

This home is located at 1503 Mink St, Memphis, TN 38111 since 11 July 2023 and is currently estimated at $115,922, approximately $96 per square foot. This property was built in 1953. 1503 Mink St is a home located in Shelby County with nearby schools including South Park Elementary School, Colonial Middle, and Overton High.

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