NOT LISTED FOR SALE

1558 Patton St Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $35,000 - $60,846

2 Beds
1 Bath
100-999 Sq Ft
$48/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $27,500 $28 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $278/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Wrought Iron Fence
  • Separate Formal Living Room
  • Dining Room
  • Level Lot

About This Home

As of April 2024

Investment opportunity in South Memphis! This house will make for a great investment property once gutted and renovated. There are comps for 145k in the area. The house enough space to be converted into a 3/1.5. Biggest issue is a foundation issue.

Last Agent to Sell the Property

Jabari Bailey

The Bailey Company Realty, Inc License #358140 Listed on: 03/04/2024

Last Buyer's Agent

Lucinda George

BenchMark REALTORS, LLC License #341237

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $214

Year Built

  • Built in 1952

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 73x91
  • Wrought Iron Fence
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 1,219 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Porch

Community Details

  • Rayburn Ave Blk D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 035099 00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$214

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747B
  • MAAR Subdivision Name: RAYBURN AVE BLK D
  • Number Of Stories: 1
  • Price Per Sq Ft: 22.56
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1219
  • Year Built: 1952
  • List Price/ Sq Ft: 25
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

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

Exterior Features

  • Misc Exterior: Porch, Chain Fence, Iron Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

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

Lot Info

  • Lot Description: Level, Chain Fenced
  • Lot Number: S PT 1-
  • Acreage: 0.15
  • Lot Size: 73X91
  • Price Per Acre: 200000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 035099 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Mar 28, 2024
Sold by
Jones Rodney
Bought by
Galdamez Dina Leticia
Seller's Agent
Jabari Bailey
The Bailey Company Realty, Inc
Buyer's Agent
Lucinda George
BenchMark REALTORS, LLC
List Price
$35,000
Sold Price
$27,500
Premium/Discount to List
-$7,500
-21.43%
Views
112
Current Estimated Value
$47,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,212
Avg. Annual Appreciation
56.52%

Purchase Details

Closed on
Jan 15, 2019
Sold by
Jennings Leah
Bought by
Jones Rodney

Purchase Details

Closed on
Apr 18, 2018
Sold by
Jennings Wilhelmina
Bought by
Jennings Leah
Source: Public Records

Range of Values:

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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
Galdamez Dina Leticia $27,500 Omega Title
Jones Rodney -- None Listed On Document
Jennings Leah -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $27,500 -8.3% $275 / Sq Ft
03/18/2024 03/18/24 Price Changed $30,000 -14.3% $300 / Sq Ft
03/04/2024 03/04/24 For Sale $35,000 -- $350 / 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 $214 $9,075 $1,500 $7,575
2024 $214 $6,300 $750 $5,550
2023 $384 $6,300 $750 $5,550
2022 $384 $6,300 $750 $5,550
2021 $388 $6,300 $750 $5,550
2020 $373 $5,150 $750 $4,400
2019 $373 $5,150 $750 $4,400
2018 $373 $5,150 $750 $4,400
2017 $212 $5,150 $750 $4,400
2016 $236 $5,400 $0 $0
2014 $236 $5,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jabari Bailey

    The Bailey Company Realty, Inc

    (901) 235-0844

    7 in this area

    31 Total Sales

    Jabari Bailey
    Section Image
  • Lucinda George

    Buyer's Agent in 2024

    Lucinda George

    BenchMark REALTORS, LLC

    (901) 672-3720

    1 in this area

    17 Total Sales

    Lucinda George
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10167167

Memphis Area Association of REALTORS®

APN: 03-5099-0-0016

Tennessee Shelby County Memphis 38106 South Memphis

1558 Patton St, Memphis, TN

This home is located at 1558 Patton St, Memphis, TN 38106 since 04 March 2024 and is currently estimated at $47,712, approximately $47 per square foot. This property was built in 1952. 1558 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.

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