NOT LISTED FOR SALE

1557 Hope St Memphis, TN 38111

Audubon Park Neighborhood

Estimated Value: $55,000 - $73,151

2 Beds
1 Bath
100-999 Sq Ft
$63/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $59,900 $60 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $374/month

54 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Floor Furnace
  • Wood Flooring
  • Combination Dining and Living Room
  • Level Lot

About This Home

As of October 2024

This two bedroom, one bath home is being offered in As Is condition. Seller will not make repairs or improvements at this time. Large backyard with a chain link fence. Home has been rented in the past for $750.00 per month. Seller will consider owner financing for this home. Lots of potential with this investment property.

Last Agent to Sell the Property

Greg Glosson

Fast Track Realty, LLC License #262724 Listed on: 08/15/2024

Last Buyer's Agent

Mark Nichols

Fast Track Realty, LLC License #359052

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 55x125
  • Chain Link Fence
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 825 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Floor Furnace

Community Details

  • Prescott Village Third Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058014 00030

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Kirby
  • MAAR Subdivision Name: PRESCOTT VILLAGE 3RD ADD
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 825
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Hardwood Floor, Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Refrigerator
  • Living Dining Kitchen: LR/DR Combination
  • P R I M A R Y B E D R O O M: Hardwood Floor, Level 1

Exterior Features

  • Exterior Windows: Wood/Composition, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Floor Furnace
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Lot Description: Level, Chain Fenced
  • Lot Number: 14
  • Acreage: 0.15
  • Lot Size: 55X125
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 058014 00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Oct 21, 2024
Sold by
Goodwin David and Goodwin Freda
Bought by
Nichols Mark
Seller's Agent
Greg Glosson
Fast Track Realty, LLC
Buyer's Agent
Mark Nichols
Fast Track Realty, LLC
List Price
$64,900
Sold Price
$59,900
Premium/Discount to List
-$5,000
-7.7%
Views
38
Current Estimated Value
$62,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,638
Avg. Annual Appreciation
4.40%
Original Mortgage
$54,900
Outstanding Balance
$51,187
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
$11,351

Purchase Details

Listed on
Jun 5, 2014
Closed on
Apr 17, 2015
Sold by
Hobbs Sylvia Ann
Bought by
Goodwin David and Goodwin Freda
Seller's Agent
Henry Cousins
Assured Real Estate Services
Buyer's Agent
Mindy Creech
REMAX Experts
List Price
$27,900
Sold Price
$18,000
Premium/Discount to List
-$9,900
-35.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.43%

Purchase Details

Closed on
Jun 10, 2008
Sold by
Lazure Richard G
Bought by
Woodland Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Nichols Mark $59,900 Baymark Title
Goodwin David $18,000 Baymark Title And Escrow
Woodland Investments Llc -- Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Mark $54,900
Previous Owner Woodland Investments Llc $213,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2024 10/29/24 Sold $59,900 0.0% $599 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $59,900 -7.7% $599 / Sq Ft
08/15/2024 08/15/24 For Sale $64,900 +260.6% $649 / Sq Ft
04/17/2015 04/17/15 Sold $18,000 -35.5% $22 / Sq Ft View Prior Sale
03/31/2015 03/31/15 Pending -- -- --
06/05/2014 06/05/14 For Sale $27,900 -- $34 / 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 -- $15,675 $2,000 $13,675
2024 -- $9,300 $1,600 $7,700
2023 $567 $9,300 $1,600 $7,700
2022 $567 $9,300 $1,600 $7,700
2021 $573 $9,300 $1,600 $7,700
2020 $471 $6,500 $1,600 $4,900
2019 $471 $6,500 $1,600 $4,900
2018 $471 $6,500 $1,600 $4,900
2017 $267 $6,500 $1,600 $4,900
2016 $284 $6,500 $0 $0
2014 $284 $6,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Glosson

    Seller's Agent in 2024

    Greg Glosson

    Fast Track Realty, LLC

    (901) 550-3633

    2 in this area

    13 Total Sales

    Greg Glosson
    Section Image
  • Mark Nichols

    Buyer's Agent in 2024

    Mark Nichols

    Fast Track Realty, LLC

    (901) 444-2246

    4 in this area

    89 Total Sales

    Mark Nichols
    Section Image

  • H

    Seller's Agent in 2015

    Henry Cousins

    Assured Real Estate Services

    (901) 949-5285

    5 Total Sales

    Henry Cousins
    Section Image

  • M

    Buyer's Agent in 2015

    Mindy Creech

    RE/MAX

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10179262

Memphis Area Association of REALTORS®

APN: 05-8014-0-0030

Tennessee Shelby County Memphis 38111 Audubon Park

1557 Hope St, Memphis, TN

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