NOT LISTED FOR SALE

1509 Gowan Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $94,000 - $122,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$56/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $19,200 $10 Per Sq Ft

Est. 485% increase in value since last sale

Current estimated payment $661/month

34 Days on Market

Highlights

  • Two Primary Bathrooms
  • Separate Formal Living Room
  • Some Wood Windows
  • Traditional Architecture
  • Den
  • Porch

About This Home

As of March 2014

This is HUD Home Case # 482-360604 and is being offered in as is condition. Spacious living room, open den, large bedrooms, and lots more. Call today! Easy to show!

Last Agent to Sell the Property

Elizabeth Glosson

Fast Track Realty, LLC License #282986 Listed on: 12/20/2013

Co-Listed By

Greg Glosson

Fast Track Realty, LLC License #262724

Last Buyer's Agent

Jessica Buffington

HelloHome License #320624

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $648

Year Built

  • Built in 1959

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,869 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Den

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Two Primary Bathrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Rolling Hills Second Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070050 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$648

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 726B
  • MAAR Subdivision Name: ROLLING HILLS 2ND ADD
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 10.27
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1869
  • Year Built: 1959
  • 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, 2 Full Primary Baths
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Shared Bath
  • Bedroom 3 Description: Level 1, Shared Bath
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Tile, Concrete Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Den
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Full Bath

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 6
  • Acreage: 0.25
  • Lot Size: 51.86/84.68 X 155.24/165.66

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 070050 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2014
Sold by
Mid South Homebuyers Inc
Bought by
Simard Real Estate 2012 Llc
Current Estimated Value
$112,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,220
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 20, 2013
Closed on
Mar 7, 2014
Sold by
Donovan Shaun
Bought by
Mid South Homebuyers Inc
Seller's Agent
Elizabeth Glosson
Fast Track Realty, LLC
Buyer's Agent
Jessica Buffington
HelloHome
List Price
$21,850
Sold Price
$19,200
Premium/Discount to List
-$2,650
-12.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.61%

Purchase Details

Closed on
Sep 10, 2013
Sold by
Palmer Kristi
Bought by
Secretary Of Hud Of Washinton D C

Purchase Details

Closed on
May 16, 2003
Sold by
Ray Lee Investment Co Inc
Bought by
Palmer Kristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,980
Interest Rate
5.81%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 2002
Sold by
Johnson Marion W
Bought by
Ray Lee Investment Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
6.31%
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
Simard Real Estate 2012 Llc $58,700 None Available
Mid South Homebuyers Inc $19,200 None Available
Secretary Of Hud Of Washinton D C $16,380 None Available
Palmer Kristi $66,000 --
Ray Lee Investment Company Inc $43,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Simard Real Estate 2012 Llc $35,220
Previous Owner Palmer Kristi $64,980
Previous Owner Ray Lee Investment Company Inc $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2014 03/07/14 Sold $19,200 -12.1% $11 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
12/20/2013 12/20/13 For Sale $21,850 -- $12 / 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 $648 $29,550 $1,700 $27,850
2024 $648 $19,125 $1,450 $17,675
2023 $1,165 $19,125 $1,450 $17,675
2022 $1,165 $19,125 $1,450 $17,675
2021 $1,179 $19,125 $1,450 $17,675
2020 $1,029 $14,200 $1,450 $12,750
2019 $1,029 $14,200 $1,450 $12,750
2018 $1,029 $14,200 $1,450 $12,750
2017 $584 $14,200 $1,450 $12,750
2016 $593 $13,575 $0 $0
2014 $593 $13,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Glosson

    Seller's Agent in 2014

    Elizabeth Glosson

    Fast Track Realty, LLC

    (901) 336-8103

    1 in this area

    126 Total Sales

    Elizabeth Glosson
    Section Image
  • Greg Glosson

    Seller Co-Listing Agent in 2014

    Greg Glosson

    Fast Track Realty, LLC

    (901) 550-3633

    12 Total Sales

    Greg Glosson
    Section Image
  • Jessica Buffington

    Buyer's Agent in 2014

    Jessica Buffington

    HelloHome

    (901) 282-8443

    65 Total Sales

    Jessica Buffington
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3287405

Memphis Area Association of REALTORS®

APN: 07-0050-0-0009

Tennessee Shelby County Memphis 38127 Frayser

1509 Gowan Dr, Memphis, TN

This home is located at 1509 Gowan Dr, Memphis, TN 38127 since 20 December 2013 and is currently estimated at $112,397, approximately $56 per square foot. This property was built in 1959. 1509 Gowan Dr is a home located in Shelby County with nearby schools including Cornerstone Prep Denver Campus, Memphis Business Academy Middle School, and Martin Luther King Preparatory High School.

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