NOT LISTED FOR SALE

1553 E Mclemore Ave Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $78,000 - $129,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$60/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $65,000 $36 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $624/month

174 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Corner Lot
  • Living Room with Fireplace
  • Wood Flooring
  • Breakfast Room

About This Home

As of July 2023

Property Id: 1269747

!!!! Please call us for our NEW YEAR PROMOTION and tour!!!

Voucher applicants are welcome

Newly renovated with 4 bedrms plus a bonus room that can be used as a 5th bedrm, an office or play room. Conveniently located in midtown and is 5min away from major Hospitals. The house is situated on a corner with a nice size lawn. Backyard is fence
with a detached 2car garage and back porch. Newly painted, New roof, updated electrical and plumbing to provide a piece of mind.
Bathroom and kitchen fully renovated with new cabinets countertop Rainfall shower head. Living room is very large in its telescoping presence and a welcoming fireplace.
Act now.
Requirements
Minimum credit score 600
-You must make a minimum of 3X the rent
-You must have verifiable rental history within the last 2 years
-We do not accept any rental judgments, or any evictions
-We do not accept any bankruptcies within the last 5 years.
-Absolutely NO felonies
-Application fee: $45
-Admin Fees: $150
Contact US:
RAVEN


Thank you
We appreciate your business.

Last Agent to Sell the Property

M. Scott Bettis

Crye-Leike Commercial License #292696 Listed on: 12/23/2022

Crye-Leike Commercial

Co-Listed By

Kim Hairrell

Crye-Leike Inc., REALTORS License #249103

Last Buyer's Agent

Mike Parker

REMAX Experts License #312619

REMAX Experts

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 59x141
  • Corner Lot

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,776 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Deck
  • Central Heating and Cooling System

Community Details

  • Southern Terr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031007 00008

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: WILLETT
  • MAAR Subdivision Name: SOUTHERN TERRACE
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1776
  • Year Built: 1928
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Living Room
  • Floors/Ceilings: Part Hardwood, Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Breakfast Room
  • Misc Interior: All Window Treatments
  • Other Rooms: Entry Hall

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water

Lot Info

  • Lot Description: Corner
  • Lot Number: 25
  • Acreage: 0.19
  • Lot Size: 59X141

Tax Info

  • Assessor Parcel Number: 031007 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2022
Closed on
Jun 23, 2023
Sold by
Federal Home Loan Mtg Corp
Bought by
Yaya Razakou
Seller's Agent
M. Scott Bettis
Crye-Leike Commercial
Buyer's Agent
Mike Parker
REMAX Experts
List Price
$134,900
Sold Price
$65,000
Premium/Discount to List
-$69,900
-51.82%
Views
1975
Current Estimated Value
$107,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,939
Avg. Annual Appreciation
20.75%

Purchase Details

Closed on
Jun 17, 2022
Sold by
Mackie Wolf Zientz & Mann Pc
Bought by
Federal Home Loan Mtg Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yaya Razakou $65,000 None Listed On Document
Federal Home Loan Mtg Corp -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2026 02/16/26 Off Market $1,595 -- --
09/12/2025 09/12/25 Price Changed $1,595 -5.9% $0 / Sq Ft
09/10/2025 09/10/25 Price Changed $1,695 +3.0% $0 / Sq Ft
09/10/2025 09/10/25 For Rent $1,645 0.0% --
09/05/2024 09/05/24 For Rent $1,645 0.0% --
07/14/2023 07/14/23 Sold $65,000 -7.0% $41 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $69,900 -12.5% $44 / Sq Ft
04/19/2023 04/19/23 Price Changed $79,900 -11.1% $50 / Sq Ft
03/22/2023 03/22/23 Price Changed $89,900 -10.0% $56 / Sq Ft
02/21/2023 02/21/23 Price Changed $99,900 -16.7% $62 / Sq Ft
02/06/2023 02/06/23 Price Changed $119,900 -11.1% $75 / Sq Ft
12/23/2022 12/23/22 For Sale $134,900 -- $84 / 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 $670 $27,525 $7,400 $20,125
2024 $670 $19,775 $1,650 $18,125
2023 $1,205 $19,775 $1,650 $18,125
2022 $1,205 $19,775 $1,650 $18,125
2021 $682 $19,775 $1,650 $18,125
2020 $1,109 $15,300 $1,650 $13,650
2019 $489 $15,300 $1,650 $13,650
2018 $489 $15,300 $1,650 $13,650
2017 $501 $15,300 $1,650 $13,650
2016 $630 $14,425 $0 $0
2014 $630 $14,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    M. Scott Bettis

    Crye-Leike

    Section Image
  • Kim Hairrell

    Seller Co-Listing Agent in 2023

    Kim Hairrell

    Crye-Leike

    (901) 644-3535

    6 in this area

    202 Total Sales

    Kim Hairrell
    Section Image
  • Mike Parker

    Buyer's Agent in 2023

    Mike Parker

    RE/MAX

    (901) 488-0505

    4 in this area

    103 Total Sales

    Mike Parker
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10139550

Memphis Area Association of REALTORS®

APN: 03-1007-0-0008

Tennessee Shelby County Memphis 38106 Southeast Memphis

1553 E Mclemore Ave, Memphis, TN

Not Listed for Sale

Detached

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