NOT LISTED FOR SALE

1541 Rayburn St Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $16,042 - $68,000

1 Bed
1 Bath
960 Sq Ft
$45/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $16,000 $17 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $242/month

228 Days on Market

About This Home

As of June 2024

Vacant brick duplex ready to be rehabbed! Brand new roof.

Last Agent to Sell the Property

Caleb Parr

Renshaw Company, REALTORS License #340494 Listed on: 09/15/2023

Last Buyer's Agent

Francine Simon

Epique Realty License #357107

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $73

Year Built

  • Built in 1962

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 34x90
  • Few Trees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property

Community Details

  • Rayburn Ave Blk O Subdivision

Listing and Financial Details

  • Assessor Parcel Number 035093 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$73

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 1543
  • MLS Map #: 747B
  • MAAR Subdivision Name: RAYBURN AVE BLK O
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 16.67
  • Estimated Sq Ft: 960
  • Year Built: 1962
  • List Price/ Sq Ft: 31
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Street Parking Only

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 8 & 9
  • Acreage: 0.07
  • Lot Size: 34X90
  • Price Per Acre: 427143

Tax Info

  • Assessor Parcel Number: 035093 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2024
Sold by
Shaunys Property Llc
Bought by
Sgs Affordable Homes Llc
Total Days on Market
228
Current Estimated Value
$43,261

Purchase Details

Listed on
Sep 15, 2023
Closed on
Jun 24, 2024
Sold by
1541 Rayburn Street Trust and Sanchez Matthew D
Bought by
Shaunys Property Llc
Seller's Agent
Caleb Parr
Renshaw Company, REALTORS
Buyer's Agent
Francine Simon
Epique Realty
List Price
$29,900
Sold Price
$16,000
Premium/Discount to List
-$13,900
-46.49%
Views
194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.01%

Purchase Details

Closed on
Jun 12, 2023
Sold by
Young Wilson A and Young Mary L
Bought by
1541 Rayburn Street Trust and Sanchez

Purchase Details

Closed on
Apr 19, 2023
Sold by
Tile For Less Contractors Inc
Bought by
Young Mary L and Young Wilson A

Purchase Details

Closed on
Mar 2, 2019
Sold by
County Of Shelby
Bought by
Tile For Less Contractors 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
Sgs Affordable Homes Llc -- None Listed On Document
Shaunys Property Llc $16,000 Saddle Creek Title
1541 Rayburn Street Trust $4,200 Saddle Creek Title
Young Mary L -- None Listed On Document
Tile For Less Contractors Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Black Lawrence $29,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $16,000 -46.5% $17 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $29,900 0.0% $31 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $29,900 -- $31 / 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 $73 $23,360 $2,400 $20,960
2024 -- $2,160 $1,200 $960
2023 $132 $2,160 $1,200 $960
2022 $132 $2,160 $1,200 $960
2021 $156 $2,160 $1,200 $960
2020 $229 $3,160 $1,200 $1,960
2019 $253 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
2014 $601 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Caleb Parr

    Seller's Agent in 2024

    Caleb Parr

    Renshaw Company, REALTORS

    (901) 484-0478

    25 in this area

    399 Total Sales

    Caleb Parr
    Section Image
  • Francine Simon

    Buyer's Agent in 2024

    Francine Simon

    Epique Realty

    (901) 233-3600

    3 in this area

    17 Total Sales

    Francine Simon
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10156762

Memphis Area Association of REALTORS®

APN: 03-5093-0-0005

Tennessee Shelby County Memphis 38106 South Memphis

1541 Rayburn St, Memphis, TN

This home is located at 1541 Rayburn St, Memphis, TN 38106 since 15 September 2023 and is currently estimated at $43,261, approximately $45 per square foot. This property was built in 1962. 1541 Rayburn St is a home located in Shelby County with nearby schools including A. B. Hill Elementary School, Riverview Middle School, and Hamilton High School.

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