NOT LISTED FOR SALE

1559 Delano Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $83,000 - $125,000

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

Last Sold August 27, 2019

Last sale price $68,900 $69 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $582/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of August 2019

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $680 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 07/11/2019

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $447

Year Built

  • Built in 1953

Lot Details

  • 0.3 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 910 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Alta Vista 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070030 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$447

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 726D
  • MAAR Subdivision Name: ALTA VISTA 2ND ADD
  • List Price Per Sq Ft: 76
  • Number Of Stories: 1
  • Price Per Sq Ft: 75.71
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 910
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 95
  • Acreage: 0.3
  • Lot Size: 64.2/71.72 X 199.5/197.64
  • Price Per Acre: 229667

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 070030 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Aug 7, 2019
Sold by
Memphis Investment Properties Ii Llc
Bought by
Oergel Dillion
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$68,900
Sold Price
$68,900
Current Estimated Value
$99,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,091
Avg. Annual Appreciation
5.81%
Original Mortgage
$55,120
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2019
Sold by
Cd Real Estate Inc
Bought by
Memphis Investment Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,450
Interest Rate
4.1%
Mortgage Type
Construction

Purchase Details

Closed on
May 28, 2008
Sold by
Dyson Clyde and Dyson Dariah
Bought by
Cd Real Estate Inc

Purchase Details

Closed on
Jul 30, 1997
Sold by
Va
Bought by
Dyson Clyde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,500
Interest Rate
7.75%
Mortgage Type
VA

Purchase Details

Closed on
Sep 16, 1996
Sold by
Hess S Irene Tompkins
Bought by
Va
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
Oergel Dillion $68,900 Delta Title Services Llc
Memphis Investment Properties Ii Llc $18,500 Delta Title Services Llc
Cd Real Estate Inc -- None Available
Dyson Clyde $22,000 --
Va -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oergel Dillon $55,631
Closed Oergel Dillion $55,120
Previous Owner Memphis Investment Properties Ii Llc $43,450
Previous Owner Dyson Clyde $22,500
Previous Owner Dyson Clyde $21,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2019 08/27/19 Sold $68,900 0.0% $689 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $68,900 -- $689 / 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 $447 $25,525 $1,800 $23,725
2024 $447 $13,175 $1,575 $11,600
2023 $803 $13,175 $1,575 $11,600
2022 $803 $13,175 $1,575 $11,600
2021 $812 $13,175 $1,575 $11,600
2020 $473 $6,525 $1,575 $4,950
2019 $209 $6,525 $1,575 $4,950
2018 $209 $6,525 $1,575 $4,950
2017 $213 $6,525 $1,575 $4,950
2016 $284 $6,500 $0 $0
2014 $284 $6,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2019

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    78 in this area

    428 Total Sales

    Section Image

  • B

    Buyer's Agent in 2019

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    77 in this area

    445 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10057210

Memphis Area Association of REALTORS®

APN: 07-0030-0-0010

Tennessee Shelby County Memphis 38127 Frayser

1559 Delano Ave, Memphis, TN

This home is located at 1559 Delano Ave, Memphis, TN 38127 since 11 July 2019 and is currently estimated at $99,991, approximately $100 per square foot. This property was built in 1953. 1559 Delano Ave is a home located in Shelby County with nearby schools including Whitney Achievement Elementary School, Grandview Heights Middle, and Cornerstone Prep Denver Campus.

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