NOT LISTED FOR SALE

1506 Birdsong Ave Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $91,114 - $103,000

4 Beds
2.5 Baths
2,200-2,399 Sq Ft
$40/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $75,000 $31 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $560/month

172 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Carpet
  • Den
  • Level Lot

About This Home

As of August 2022

Back on the Market. Buyer financing failed Through. There is a long term tenant. Current lease expires 10/31/2023. Current rent is $859.00. Drive by only. Please don't disturb tenants. Offer subject to inspection. Property being sold As-Is. Appliances that belong with propety will stay AS -IS no reps or warrants from seller. LA to hold earnest money. Seller closing attorney is Closetrak Title LLC 5860 Ridgeway Center. Use documents attached and provide proof of funds with all offers.

Last Agent to Sell the Property

Lisa Nelson

Exit Wise Master-Builders Real License #317415 Listed on: 01/16/2022

Exit Wise Master-Builders Real

Last Buyer's Agent

Mike Parker

REMAX Experts License #312619

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $434

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x123
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,398 Sq Ft Home
  • 1.5-Story Property
  • Den
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Elliston Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060059 00055

Home Details

Home Type

Single Family

Est. Annual Taxes

$434

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748D
  • MAAR Subdivision Name: ELLISTON HEIGHTS
  • List Price Per Sq Ft: 31
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 31.28
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2398
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, 2 or More Baths
  • Second Story Floor Plan: Den/Great Room, Kitchen, 2 or More Baths
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Carpet
  • Bedroom 3 Description: Carpet
  • Bedroom 4 Description: Carpet
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.1
  • P R I M A R Y B E D R O O M: Carpet

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 54
  • Acreage: 0.14
  • Lot Size: 50X123
  • Price Per Acre: 535714

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 060059 00055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2022
Closed on
Aug 11, 2022
Sold by
South Street Llc
Bought by
Yaya Razakou
Seller's Agent
Lisa Nelson
Exit Wise Master-Builders Real
Buyer's Agent
Mike Parker
REMAX Experts
List Price
$87,900
Sold Price
$75,000
Premium/Discount to List
-$12,900
-14.68%
Current Estimated Value
$96,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,029
Avg. Annual Appreciation
8.47%
Original Mortgage
$56,000
Outstanding Balance
$25,143
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$70,886

Purchase Details

Closed on
Jun 26, 2017
Sold by
Ct Amm B3 Llc
Bought by
P Fin I Llc

Purchase Details

Closed on
Dec 10, 2015
Sold by
Prager Property Owner 2 Llc
Bought by
Ct Amm B3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,450,000
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2014
Sold by
Memphis Investment Properties Llc
Bought by
Reedy James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 17, 2014
Sold by
Reedy James E
Bought by
Prager Property Owners 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 27, 2006
Sold by
Fannie Mae
Bought by
Memphis Investment 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
$41,700
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2005
Sold by
Spivey Randall J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 13, 2003
Sold by
E & R Investments
Bought by
Poole Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
5.93%

Purchase Details

Closed on
Sep 26, 2002
Sold by
Tri State Bank Of Memphis
Bought by
E & R Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,812
Interest Rate
6.01%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 15, 2002
Sold by
Marr Arthur
Bought by
Tri State Bank

Purchase Details

Closed on
Jul 11, 2000
Sold by
Marr Arthur
Bought by
Garnson Sandra and Marr Arthur

Purchase Details

Closed on
Sep 3, 1998
Sold by
Pickett O W
Bought by
Marr Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,559
Interest Rate
6.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 30, 1998
Sold by
Goodman Wilbert B and Goodman Sonya V
Bought by
Pickett O W

Purchase Details

Closed on
Dec 7, 1994
Bought by
Goodman Wilbert B and Goodman Sonya
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
Yaya Razakou $75,000 Saddle Creek Title
P Fin I Llc -- None Available
Ct Amm B3 Llc -- Attorney
Reedy James F -- None Available
Prager Property Owners 2 Llc $614,818 None Available
Memphis Investment Properties Llc $43,000 Tam Title & Escrow Llc
Federal National Mortgage Association $86,393 --
Poole Kathleen $79,500 Edco Title & Closing
E & R Investments $50,000 --
Tri State Bank $68,000 --
Garnson Sandra -- Memphis Title
Marr Arthur $70,000 --
Pickett O W $40,803 --
Goodman Wilbert B $66,375 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yaya Razakou $56,000
Previous Owner Ct Amm B3 Llc $6,450,000
Previous Owner Prager Property Owner 2 Llc $50,000,000
Previous Owner Prager Property Owners 2 Llc $50,000,000
Previous Owner Memphis Investment Properties Llc $41,700
Previous Owner Poole Kathleen $79,500
Previous Owner E & R Investments $58,812
Previous Owner Marr Arthur $70,559
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $75,000 -14.7% $34 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
01/16/2022 01/16/22 For Sale $87,900 -- $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 $434 $26,500 $1,550 $24,950
2024 $434 $12,800 $600 $12,200
2023 $780 $12,800 $600 $12,200
2022 $780 $12,800 $600 $12,200
2021 $927 $12,800 $600 $12,200
2020 $944 $13,025 $600 $12,425
2019 $416 $13,025 $600 $12,425
2018 $416 $13,025 $600 $12,425
2017 $426 $13,025 $600 $12,425
2016 $459 $10,500 $0 $0
2014 $459 $10,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Nelson

    Seller's Agent in 2022

    Lisa Nelson

    Exit Wise Master-Builders Real

    (901) 246-5395

    2 in this area

    99 Total Sales

    Lisa Nelson
    Section Image
  • Mike Parker

    Buyer's Agent in 2022

    Mike Parker

    RE/MAX

    (901) 488-0505

    4 in this area

    125 Total Sales

    Mike Parker
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10128574

Memphis Area Association of REALTORS®

APN: 06-0059-0-0055

Tennessee Shelby County Memphis 38106 Southeast Memphis

1506 Birdsong Ave, Memphis, TN

This home is located at 1506 Birdsong Ave, Memphis, TN 38106 since 16 January 2022 and is currently estimated at $96,029, approximately $40 per square foot. This property was built in 1950. 1506 Birdsong Ave is a home located in Shelby County with nearby schools including Hamilton High School, Memphis College Preparatory, and Believe Memphis Academy Charter School.

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