NOT LISTED FOR SALE

1556 Ely St Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $40,563 - $84,000

2 Beds
1 Bath
100-999 Sq Ft
$57/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $30,000 $30 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $310/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Dining Room
  • Separate Formal Living Room
  • Tile Flooring
  • 2-minute walk to Lincoln Park

About This Home

As of November 2024

Small 2/1 with good potential for savvy investor Priced right but needs renovation

Last Agent to Sell the Property

Reginald RL Pruitt

Assured Real Estate Services License #354460 Listed on: 10/09/2024

Last Buyer's Agent

Reginald RL Pruitt

Assured Real Estate Services License #354460 Listed on: 10/09/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x160
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 100-999 Sq Ft Home
  • 648 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • Orleans St Pl Blk 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 034034 00007

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ORLEANS ST PLACE BLK 5
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 648
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Wall Unit

Lot Info

  • Lot Description: Level
  • Lot Number: 10-11
  • Acreage: 0.18
  • Lot Size: 50X160
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 034034 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Nov 1, 2024
Sold by
Chatman Jesse W
Bought by
Boyce Garrett
Seller's Agent
Reginald RL Pruitt
Assured Real Estate Services
Buyer's Agent
Reginald RL Pruitt
Assured Real Estate Services
List Price
$29,000
Sold Price
$30,000
Premium/Discount to List
$1,000
3.45%
Views
11
Current Estimated Value
$56,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,641
Avg. Annual Appreciation
71.36%

Purchase Details

Closed on
Jun 5, 2001
Sold by
Chatman Dan L
Bought by
Chatman Jesse W

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
7.11%

Purchase Details

Closed on
Feb 14, 2001
Sold by
Ballin Ben J and Oser Roland I
Bought by
Chatham Dan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,275
Interest Rate
10%
Mortgage Type
Seller Take Back
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
Boyce Garrett $30,000 None Listed On Document
Chatman Jesse W $45,000 --
Chatman Jesse W $45,000 --
Chatham Dan L $14,750 --
Chatham Dan L $14,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chatman Jesse W $40,500
Previous Owner Chatham Dan L $13,275
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 Sold $30,000 +3.4% $300 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $29,000 -- $290 / 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 -- $7,575 $1,750 $5,825
2024 $165 $4,875 $750 $4,125
2023 $297 $4,875 $750 $4,125
2022 $297 $4,875 $750 $4,125
2021 $300 $4,875 $750 $4,125
2020 $275 $3,800 $750 $3,050
2019 $275 $3,800 $750 $3,050
2018 $275 $3,800 $750 $3,050
2017 $156 $3,800 $750 $3,050
2016 $180 $4,125 $0 $0
2014 $180 $4,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Reginald RL Pruitt

    Seller's Agent in 2024

    Reginald RL Pruitt

    Assured Real Estate Services

    (901) 282-3660

    8 in this area

    40 Total Sales

    Reginald RL Pruitt
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10183043

Memphis Area Association of REALTORS®

APN: 03-4034-0-0007

Tennessee Shelby County Memphis 38106 South Memphis

1556 Ely St, Memphis, TN

Not Listed for Sale

Detached

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