NOT LISTED FOR SALE

1549 Patton St Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $90,478 - $127,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$91/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $125,000 $104 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $636/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Tile Flooring
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of May 2023

Renovated Turnkey Rental Investment Property. Tenant Pays $1195 Monthly Rent. Lease Ends February 2024. New 30 year architectural roof, fresh exterior paint. ALL NEW interior paint, luxury vinyl plank flooring, light fixtures, HVAC system, water heater, kitchen cabinets & countertops. Both bathrooms renovated with new ceramic tile shower surround, toilets vanities mirrors. Updated plumbing & electrical. Please do not disturb tenants.

Last Agent to Sell the Property

Melody Jaramillo

Realty International, Inc. License #345951 Listed on: 04/19/2023

Last Buyer's Agent

Melody Jaramillo

Realty International, Inc. License #345951 Listed on: 04/19/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $505

Year Built

  • Built in 1953

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 36x90

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,008 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Iron Doors
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Rayburn Ave Blk L Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 035100 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$505

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Waldorf
  • MLS Map #: 747B
  • MAAR Subdivision Name: RAYBURN AVE BLK L
  • Corporate Own: Yes
  • List Price Per Sq Ft: 124
  • Number Of Stories: 1
  • Price Per Sq Ft: 124.01
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1008
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Tile, Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Washer/Dryer Connections
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition, Aluminum Window(s)

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Number: E PTS-12
  • Acreage: 0.07
  • Lot Size: 36X90
  • Price Per Acre: 1785714

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 035100 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
May 17, 2023
Sold by
International Immobilliare Llc
Bought by
Flower Island Properties Llc
Seller's Agent
Melody Jaramillo
Realty International, Inc.
Buyer's Agent
Melody Jaramillo
Realty International, Inc.
List Price
$125,000
Sold Price
$125,000
Views
13
Current Estimated Value
$109,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,880
Avg. Annual Appreciation
-2.46%
Original Mortgage
$134,230
Outstanding Balance
$131,001
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
-$12,878

Purchase Details

Closed on
Jul 22, 2022
Sold by
Elisha Sanders Shaquanta
Bought by
International Immobiliare Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.81%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 28, 2020
Sold by
Boddie Kraig
Bought by
Boddie Kriag

Purchase Details

Closed on
Aug 28, 2015
Sold by
Simmerman Hilda C and Simmerman Kelly J
Bought by
Boddie Kraig
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Flower Island Properties Llc $125,000 Delta Title Services
International Immobiliare Llc $55,000 Delta Title Services
Sanders Shaquanta Elisha $105,000 Delta Title Services
Boddie Kriag -- None Available
Boddie Kraig $3,000 Preferred Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flower Island Properties Llc $134,230
Previous Owner Sanders Shaquanta Elisha $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $125,000 0.0% $125 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $125,000 -- $125 / 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 $505 $30,675 $900 $29,775
2024 $147 $14,900 $750 $14,150
2023 $265 $4,350 $750 $3,600
2022 $265 $4,350 $750 $3,600
2021 $315 $4,350 $750 $3,600
2020 $263 $3,625 $750 $2,875
2019 $116 $3,625 $750 $2,875
2018 $116 $3,625 $750 $2,875
2017 $119 $3,625 $750 $2,875
2016 $169 $3,875 $0 $0
2014 $169 $3,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Melody Jaramillo

    Realty International, Inc.

    (901) 857-8474

    4 in this area

    32 Total Sales

    Melody Jaramillo
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10146481

Memphis Area Association of REALTORS®

APN: 03-5100-0-0007

Tennessee Shelby County Memphis 38106 South Memphis

1549 Patton St, Memphis, TN

This home is located at 1549 Patton St, Memphis, TN 38106 since 19 April 2023 and is currently estimated at $109,120, approximately $91 per square foot. This property was built in 1953. 1549 Patton St is a home located in Shelby County with nearby schools including A. B. Hill Elementary School, Riverview Middle School, and Hamilton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes