NOT LISTED FOR SALE

1514 S Willett St Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $63,000 - $123,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$68/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $21,000 $18 Per Sq Ft

Est. 291% increase in value since last sale

Current estimated payment $488/month

29 Days on Market

Highlights

  • Traditional Architecture
  • Home Office
  • Dining Room
  • Separate Formal Living Room
  • Porch
  • 1-Story Property

About This Home

As of February 2020

If you an Investor this home will be a great addition to your portfolio. Previously rented for 600.00 per month. With a little TLC you will be ready to make some money.

Last Listed By

Cassandra Bell-Warren

4 Success Realty, LLC License #289692 Listed on: 01/02/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $331

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 120
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,110 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Home Office

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Community Details

  • South Parkway Willett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 048031 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$331

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748A
  • MAAR Subdivision Name: SOUTH PARKWAY-WILLETT
  • List Price Per Sq Ft: 22
  • Number Of Stories: 1
  • Price Per Sq Ft: 18.92
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1110
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 1 Bath, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Misc Interior: All Window Treatments
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Aluminum/Steel Siding
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 58
  • Acreage: 0.13
  • Lot Size: 50 X 120
  • Price Per Acre: 191538

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 048031 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Feb 7, 2020
Sold by
Perez Pedro M and Perez Augstina Q
Bought by
M & L Holdings Llc
Seller's Agent
Cassandra Bell-Warren
4 Success Realty, LLC
Buyer's Agent
Curtis Bleeker
KAIZEN Realty, LLC
List Price
$24,900
Sold Price
$21,000
Premium/Discount to List
-$3,900
-15.66%
Total Days on Market
29
Current Estimated Value
$82,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,093
Avg. Annual Appreciation
29.27%

Purchase Details

Closed on
May 15, 2017
Sold by
Perez Pedro and Perez Agustina
Bought by
Perez Pedro M and Perez Agusina Q

Purchase Details

Closed on
Jun 30, 2014
Sold by
Hulme John
Bought by
Perez Pedro and Perez Agustina

Purchase Details

Closed on
May 17, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Undella Julia

Purchase Details

Closed on
Feb 19, 2010
Sold by
Downey Sherrine
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 3, 2007
Sold by
Thomas Carlos M
Bought by
Downey Sherrine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,592
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 2006
Sold by
Lasalle Bank Na
Bought by
Thomas Carlos M

Purchase Details

Closed on
Sep 9, 2006
Sold by
Flowers Carla V and Flowers Roderick T
Bought by
Lasalle Bank Na and Certificateholders Of Bear Stearns Asset

Purchase Details

Closed on
Dec 27, 2004
Sold by
Pierson Patricia Elizabeth Lee and Vaughn Faye Delores Lee
Bought by
Flowers Roderick T and Flowers Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
9.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2001
Sold by
Lee Helen Lucille
Bought by
Pierson Patricia Elizabeth Lee and Vaughn Faye Delores Lee

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
M & L Holdings Llc $21,000 Memphis Title Company
Perez Pedro M -- None Available
Perez Pedro $236,900 Title & Escrow Svcs Of Memph
Undella Julia $6,800 None Available
The Secretary Of Housing & Urban Develop $55,303 None Available
Downey Sherrine $52,000 West Tennessee Title
Thomas Carlos M $18,000 West Tennessee Title
Lasalle Bank Na $32,200 None Available
Flowers Roderick T $65,000 Nations Title Of Tn Inc
Pierson Patricia Elizabeth Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downey Sherrine $51,592
Previous Owner Flowers Roderick T $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $21,000 -15.7% $21 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $24,900 +232.0% $25 / Sq Ft
09/07/2012 09/07/12 Sold $7,500 -25.0% $7 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
07/04/2012 07/04/12 For Sale $10,000 -- $9 / 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
2024 $331 $9,750 $850 $8,900
2023 $594 $9,750 $850 $8,900
2022 $594 $9,750 $850 $8,900
2021 $601 $9,750 $850 $8,900
2020 $725 $10,000 $850 $9,150
2019 $320 $10,000 $850 $9,150
2018 $320 $10,000 $850 $9,150
2017 $327 $10,000 $850 $9,150
2016 $458 $10,475 $0 $0
2014 $458 $10,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cassandra Bell-Warren

    Seller's Agent in 2020

    Cassandra Bell-Warren

    4 Success Realty, LLC

    (981) 859-8562

    14 in this area

    137 Total Sales

    Cassandra Bell-Warren
    Section Image
  • Curtis Bleeker

    Buyer's Agent in 2020

    Curtis Bleeker

    KAIZEN Realty, LLC

    (901) 221-4041

    5 in this area

    47 Total Sales

    Curtis Bleeker
    Section Image
  • Denise Richardson

    Seller's Agent in 2012

    Denise Richardson

    Crye-Leike

    (901) 604-8371

    1 in this area

    19 Total Sales

    Denise Richardson
    Section Image

  • T

    Buyer's Agent in 2012

    Thurman Garrett

    Progressive Realty Services

    (901) 596-2759

    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10068305

Memphis Area Association of REALTORS®

APN: 04-8031-0-0015

Tennessee Shelby County Memphis 38106 Southeast Memphis

1514 S Willett St, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 1514 S Willett St, Memphis, TN 38106 since 02 January 2020 and is currently estimated at $82,093, approximately $68 per square foot. This property was built in 1920. 1514 S Willett St is a home located in Shelby County with nearby schools including Hamilton High School, Memphis Delta Preparatory Charter School, and Memphis College Preparatory.

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