NOT LISTED FOR SALE

1504 Hester Rd Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $130,000 - $145,126

3 Beds
2 Baths
1,200-1,399 Sq Ft
$98/Sq Ft Est. Value

Last Sold June 17, 2020

Last sale price $96,900 $69 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $797/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Some Wood Windows
  • Traditional Architecture
  • Den
  • Central Heating and Cooling System

About This Home

As of June 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $895 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 05/14/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $852

Year Built

  • Built in 1961

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 77.5x135
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,236 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Den
  • Laminate Flooring
  • Iron Doors
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Whitehaven View 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 079061 00121

Home Details

Home Type

Single Family

Est. Annual Taxes

$852

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 768C
  • MAAR Subdivision Name: WHITEHAVEN VIEW 2ND ADD
  • List Price Per Sq Ft: 78
  • Number Of Stories: 1
  • Price Per Sq Ft: 78.4
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1236
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 93
  • Acreage: 0.23
  • Lot Size: 77.5X135
  • Price Per Acre: 421304

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 079061 00121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Jun 17, 2020
Sold by
Tagge Sean
Bought by
Nowak Norbert
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$96,900
Sold Price
$96,900
Current Estimated Value
$137,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,382
Avg. Annual Appreciation
6.73%
Original Mortgage
$77,175
Outstanding Balance
$68,410
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$68,872

Purchase Details

Listed on
Jan 18, 2016
Closed on
Oct 20, 2016
Sold by
Tekapo Valley Llc
Bought by
Tagge Sean
Seller's Agent
Jennifer Carstensen
Real Estate Agency
Buyer's Agent
Jennifer Carstensen
Real Estate Agency
List Price
$59,000
Sold Price
$46,000
Premium/Discount to List
-$13,000
-22.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.71%
Original Mortgage
$53,000
Interest Rate
3.44%
Mortgage Type
Unknown

Purchase Details

Closed on
May 31, 2012
Sold by
Memphis Investment Rental Properties Llc
Bought by
Tekapo Valley Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,500
Interest Rate
3.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 31, 2011
Sold by
Holliman Marcus
Bought by
Memphis Investment Rental 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
$50,000
Interest Rate
4.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 27, 2011
Sold by
Taylor Les
Bought by
Holliman Marcus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 9, 2006
Sold by
Taylor Regina Duncan
Bought by
Taylor Les
Source: Public Records

Range of Values:

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Average Value
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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
Nowak Norbert $96,900 Delta Title Services Llc
Tagge Sean $46,000 Nexus Title & Escrow
Tekapo Valley Llc $49,000 None Available
Memphis Investment Rental Properties Llc $29,500 Tam Title & Escrow Llc
Holliman Marcus $25,502 None Available
Taylor Les -- Assured Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nowak Norbert $77,175
Previous Owner Tagge Sean $53,000
Previous Owner Tekapo Valley Llc $24,500
Previous Owner Memphis Investment Rental Properties Llc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2020 06/17/20 Sold $96,900 0.0% $81 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $96,900 +110.7% $81 / Sq Ft
10/27/2016 10/27/16 Sold $46,000 -22.0% $38 / Sq Ft View Prior Sale
09/20/2016 09/20/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $59,000 -- $49 / 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 $852 $33,575 $3,650 $29,925
2024 $852 $25,125 $2,975 $22,150
2023 $1,531 $25,125 $2,975 $22,150
2022 $1,531 $25,125 $2,975 $22,150
2021 $1,548 $25,125 $2,975 $22,150
2020 $1,092 $15,075 $2,975 $12,100
2019 $482 $15,075 $2,975 $12,100
2018 $482 $15,075 $2,975 $12,100
2017 $493 $15,075 $2,975 $12,100
2016 $642 $14,700 $0 $0
2014 $642 $14,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2020

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    43 in this area

    409 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2020

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    45 in this area

    426 Total Sales

    Bradley Reedy
    Section Image
  • Jennifer Carstensen

    Seller's Agent in 2016

    Jennifer Carstensen

    Real Estate Agency

    (901) 201-0280

    6 in this area

    336 Total Sales

    Jennifer Carstensen
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10076575

Memphis Area Association of REALTORS®

APN: 07-9061-0-0121

Tennessee Shelby County Memphis 38116 Whitehaven

1504 Hester Rd, Memphis, TN

This home is located at 1504 Hester Rd, Memphis, TN 38116 since 14 May 2020 and is currently estimated at $137,282, approximately $98 per square foot. This property was built in 1961. 1504 Hester Rd is a home located in Shelby County with nearby schools including Holmes Road Elementary School, Havenview Middle School, and Whitehaven High School.

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