NOT LISTED FOR SALE

1551 Pinecrest Dr Memphis, TN 38111

Orange Mound Neighborhood

Estimated Value: $126,000 - $144,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$95/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $96,000 $69 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $753/month

111 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Den
  • Marble Flooring
  • Attic
  • Covered Patio or Porch

About This Home

As of April 2020

BACK ON THE MARKET!!! Buyer's financing did not work. Perfect for investment property!!! Rental potential 800/month. New roof, fresh paint interior and exterior. New carpet, laminate, bathroom vanities, light fixtures. Large laundry room and covered patio...so much more- you will want to see this one! Minutes away from U of M.

Last Agent to Sell the Property

Brenda Cartwright

Fast Track Realty, LLC License #340543 Listed on: 11/30/2019

Last Buyer's Agent

Kiara Bridges

J Hunter Realty License #344079

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 9,148 Sq Ft Lot
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,364 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Dining Room
  • Den
  • Pull Down Stairs to Attic
  • Iron Doors
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Oven or Range
  • Cooktop

Flooring

  • Partially Carpeted
  • Laminate
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Cherokee Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059037 A00192

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: CHEROKEE
  • List Price Per Sq Ft: 83
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1364
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Shared Bath, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, Marble/Terrazzo
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry
  • Misc Interior: Pull Down Attic Stairs
  • Other Rooms: Laundry Room, Entry Hall, Attic
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Covered Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 63
  • Acreage: 0.21
  • Lot Size: 9180

Tax Info

  • Assessor Parcel Number: 059037 A00192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2019
Closed on
Sep 3, 2019
Sold by
Bradley Authony
Bought by
Booker William and Booker Deborah
Seller's Agent
Danny Lipsey
Keller Williams
Buyer's Agent
Brenda Cartwright
Fast Track Realty, LLC
List Price
$58,900
Sold Price
$57,000
Premium/Discount to List
-$1,900
-3.23%
Current Estimated Value
$133,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,285
Avg. Annual Appreciation
13.94%
Original Mortgage
$65,720
Outstanding Balance
$58,309
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$74,976
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Booker William $57,000 Surety Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Booker William $65,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2020 04/07/20 Sold $96,000 -15.0% $80 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $113,000 0.0% $94 / Sq Ft
03/10/2020 03/10/20 Price Changed $113,000 +2.7% $94 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
12/24/2019 12/24/19 Price Changed $110,000 -10.6% $92 / Sq Ft
11/30/2019 11/30/19 For Sale $123,000 +115.8% $103 / Sq Ft
09/03/2019 09/03/19 Sold $57,000 -3.2% $48 / Sq Ft View Prior Sale
07/31/2019 07/31/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $58,900 -- $49 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $820 $32,925 $4,375 $28,550
2024 $820 $24,200 $2,375 $21,825
2023 $1,474 $24,200 $2,375 $21,825
2022 $1,474 $24,200 $2,375 $21,825
2021 $1,491 $24,200 $2,375 $21,825
2020 $1,375 $18,975 $2,375 $16,600
2019 $606 $18,975 $2,375 $16,600
2018 $606 $18,975 $2,375 $16,600
2017 $621 $18,975 $2,375 $16,600
2016 $741 $16,950 $0 $0
2014 $741 $16,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brenda Cartwright

    Seller's Agent in 2020

    Brenda Cartwright

    Fast Track Realty, LLC

    (901) 494-7423

    58 Total Sales

    Brenda Cartwright
    Section Image
  • Kiara Bridges

    Buyer's Agent in 2020

    Kiara Bridges

    J Hunter Realty

    (901) 359-1479

    33 Total Sales

    Kiara Bridges
    Section Image
  • Danny Lipsey

    Seller's Agent in 2019

    Danny Lipsey

    Keller Williams

    (901) 261-7918

    1 in this area

    64 Total Sales

    Danny Lipsey
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Jo Shaner

    Keller Williams

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10066894

Memphis Area Association of REALTORS®

APN: 05-9037-A0-0192

Tennessee Shelby County Memphis 38111 Orange Mound

1551 Pinecrest Dr, Memphis, TN

Not Listed for Sale

Detached

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