NOT LISTED FOR SALE

1560 Cane Rd Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $105,000 - $131,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$74/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $102,900 $64 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $707/month

Highlights

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

About This Home

As of September 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $795 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: 05/13/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $774

Year Built

  • Built in 1956

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x95
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,406 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Living Room
  • Dining Room
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Elliston Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060055 00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$774

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748D
  • MAAR Subdivision Name: Elliston Heights
  • List Price Per Sq Ft: 73
  • Number Of Stories: 1
  • Price Per Sq Ft: 73.19
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1406
  • Year Built: 1956
  • Special Features: None
  • 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: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 2
  • 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: Brick Veneer, Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Acreage: 0.11
  • Lot Size: 50X95
  • Price Per Acre: 935455

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 060055 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2024
Sold by
Cockerill Jamie Francine
Bought by
Cash And Jamie Cockerill Living Trust and Cockerill
Current Estimated Value
$118,617

Purchase Details

Listed on
May 13, 2021
Closed on
Sep 21, 2021
Sold by
Memphis Investments Properties Ii Llc
Bought by
Cockerill Jamie Francine
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$102,900
Sold Price
$102,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%

Purchase Details

Closed on
May 6, 2021
Sold by
Harris Leroy
Bought by
Memphis Investment Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
3.1%
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
Cash And Jamie Cockerill Living Trust -- None Listed On Document
Cockerill Jamie Francine $102,900 Delta Title Services Llc
Memphis Investment Properties Iii Llc $18,000 Closetrak Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investment Properties Iii Llc $73,000
Previous Owner Harris Leroy $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $102,900 0.0% $74 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $102,900 -- $74 / 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 $774 $27,375 $1,425 $25,950
2024 $774 $22,825 $475 $22,350
2023 $1,390 $22,825 $475 $22,350
2022 $1,390 $22,825 $475 $22,350
2021 $226 $8,325 $475 $7,850
2020 $400 $6,900 $475 $6,425
2019 $221 $6,900 $475 $6,425
2018 $221 $6,900 $475 $6,425
2017 $226 $6,900 $475 $6,425
2016 $418 $9,575 $0 $0
2014 $418 $9,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2021

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    11 in this area

    421 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2021

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    11 in this area

    438 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10099457

Memphis Area Association of REALTORS®

APN: 06-0055-0-0020

Tennessee Shelby County Memphis 38106 Southeast Memphis

1560 Cane Rd, Memphis, TN

This home is located at 1560 Cane Rd, Memphis, TN 38106 since 13 May 2021 and is currently estimated at $118,617, approximately $74 per square foot. This property was built in 1956. 1560 Cane Rd is a home located in Shelby County with nearby schools including Hamilton High School, Memphis College Preparatory, and Believe Memphis Academy Charter School.

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