NOT LISTED FOR SALE

1545 Gowan Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $91,000 - $107,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$71/Sq Ft Est. Value

Last Sold February 10, 2021

Last sale price $65,000 $46 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $583/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • 1-Story Property
  • Some Wood Windows
  • Partially Carpeted

About This Home

As of February 2021

Tenant occupied property being marketed to investors as an investment sale. This property would be a great addition to your investment portfolio. Showings after an accepted offer. DO NOT DISTURB OR APPROACH THE TENANTS.

Last Agent to Sell the Property

Camela Henke

Enterprise, REALTORS License #307460 Listed on: 12/21/2020

Last Buyer's Agent

Shirley Rhynes-Hawkins

BEST Real Estate Company License #276159

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $551

Year Built

  • Built in 1959

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 60x201
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,344 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Partially Carpeted
  • Iron Doors
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport

Community Details

  • Rolling Hills Second Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070050 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$551

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
  • List Price Per Sq Ft: 48
  • Number Of Stories: 1
  • Price Per Sq Ft: 48.36
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1344
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 12
  • Acreage: 0.27
  • Lot Size: 60X201
  • Price Per Acre: 240741

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 070050 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2020
Closed on
Feb 10, 2021
Sold by
Latitude Properrties Inc
Bought by
Tycangco Diane
Seller's Agent
Camela Henke
Enterprise, REALTORS
Buyer's Agent
Shirley Rhynes-Hawkins
BEST Real Estate Company
List Price
$65,000
Sold Price
$65,000
Current Estimated Value
$99,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,332
Avg. Annual Appreciation
10.58%
Original Mortgage
$52,000
Outstanding Balance
$46,893
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$56,125

Purchase Details

Closed on
Mar 11, 2010
Sold by
Hertter Ryan J
Bought by
Latitude Properties Llc

Purchase Details

Closed on
Jan 20, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Hertter Ryan J

Purchase Details

Closed on
Dec 14, 2009
Sold by
Newman James W and Newman Carolyn J
Bought by
Deutsche Bank National Trust Company and Bankers Trust Company Of California Nati

Purchase Details

Closed on
Jun 11, 1997
Sold by
Va
Bought by
Newman James W and Newman Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
8.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 4, 1997
Sold by
Weiss Arnold M
Bought by
Va
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
Tycangco Diane $65,000 Closetrak Llc
Latitude Properties Llc $34,900 None Available
Hertter Ryan J $14,500 Na Title Corporation
Deutsche Bank National Trust Company $14,440 None Available
Newman James W $41,000 --
Va $36,835 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tycangco Diane $52,000
Previous Owner Newman James W $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $65,000 0.0% $54 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/21/2020 12/21/20 For Sale $65,000 -- $54 / 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 $551 $24,150 $1,750 $22,400
2024 $551 $16,250 $1,500 $14,750
2023 $990 $16,250 $1,500 $14,750
2022 $990 $16,250 $1,500 $14,750
2021 $561 $16,250 $1,500 $14,750
2020 $879 $12,125 $1,500 $10,625
2019 $388 $12,125 $1,500 $10,625
2018 $388 $12,125 $1,500 $10,625
2017 $397 $12,125 $1,500 $10,625
2016 $508 $11,625 $0 $0
2014 $508 $11,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Camela Henke

    Seller's Agent in 2021

    Camela Henke

    Enterprise, REALTORS

    (901) 626-2990

    19 in this area

    304 Total Sales

    Camela Henke
    Section Image
  • Shirley Rhynes-Hawkins

    Buyer's Agent in 2021

    Shirley Rhynes-Hawkins

    BEST Real Estate Company

    (901) 570-6048

    10 in this area

    82 Total Sales

    Shirley Rhynes-Hawkins
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10090724

Memphis Area Association of REALTORS®

APN: 07-0050-0-0015

Tennessee Shelby County Memphis 38127 Frayser

1545 Gowan Dr, Memphis, TN

This home is located at 1545 Gowan Dr, Memphis, TN 38127 since 21 December 2020 and is currently estimated at $99,332, approximately $71 per square foot. This property was built in 1959. 1545 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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