$76,000
SOLD MAY 28, 2025

157 E Wardlow St Gates, TN 38037

2 Beds
1 Bath
800-999 Sq Ft
2.1 Acres

Recently Sold

$76 Per Sq Ft

17% Above List Price

8 Days on Market

Highlights

  • Deck
  • Porch
  • Central Heating and Cooling System
  • Traditional Architecture
  • Eat-In Kitchen
  • Partially Carpeted

About This Home

As of May 2025

Look no further if you are in the market for a great starter home or if you are an investor that wants a great rental property! 2 bedroom/ 1 bath home on over 2 acres with a large ramp and handicap accessible bathroom. Large eat in kitchen with great lighting. Don't let this one get away!

Last Agent to Sell the Property

Saundra Whiteside

Lankford Realty Co. License #363660 Listed on: 04/30/2025

Last Buyer's Agent

Emma Simpson

Unique Properties License #362347

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $424

Year Built

  • Built in 2004

Lot Details

  • 2.1 Acre Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 800-999 Sq Ft Home
  • 990 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 054D C 004.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$424

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 691
  • Number Of Stories: 1
  • Price Per Sq Ft: 76.77
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 990
  • Year Built: 2004
  • List Price/ Sq Ft: 66
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 800-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch, Deck
  • Exterior Windows: Vinyl Siding

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Acreage: 2.1
  • Lot Size: 2.10 acres
  • Price Per Acre: 30952
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 054D C 004.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2025
Closed on
Jun 5, 2025
Sold by
Goforth Bobby J
Bought by
Goforth Melissa
Seller's Agent
Saundra Whiteside
Lankford Realty Co.
Buyer's Agent
Emma Simpson
Unique Properties
List Price
$65,000
Sold Price
$76,000
Premium/Discount to List
$11,000
16.92%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.62%

Purchase Details

Listed on
Apr 30, 2025
Closed on
May 22, 2025
Sold by
Secretary Of Veterans Affairs
Bought by
Goforth Bobby J
Seller's Agent
Saundra Whiteside
Lankford Realty Co.
Buyer's Agent
Emma Simpson
Unique Properties
List Price
$65,000
Sold Price
$76,000
Premium/Discount to List
$11,000
16.92%
Views
39

Purchase Details

Closed on
Mar 13, 2025
Sold by
Cooper Mr and Nationstar Mortgage Llc
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Feb 28, 2025
Sold by
Lackey Jamie
Bought by
Cooper Mr and Nationstar Mortgage Llc

Purchase Details

Listed on
May 10, 2023
Closed on
Jun 13, 2023
Sold by
Wayne Martin Barry and Hoffner Cynthia
Bought by
Lackey Jamie
Seller's Agent
Neal Masters
Crye-Leike, Inc., REALTORS
Buyer's Agent
Emma Simpson
Unique Properties
List Price
$85,000
Sold Price
$91,100
Premium/Discount to List
$6,100
7.18%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.53%
Original Mortgage
$91,100
Interest Rate
6.39%
Mortgage Type
VA

Purchase Details

Closed on
Feb 14, 2017
Sold by
Wright Marty
Bought by
Wayne Martin Barry and Hoffner Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,756
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2015
Sold by
Wright Nick
Bought by
Wright Marty

Purchase Details

Closed on
Apr 23, 2012
Sold by
Strayhorn Anna Berneice
Bought by
Wright Nick

Purchase Details

Closed on
Oct 28, 1965

Purchase Details

Closed on
May 7, 1960
Bought by
Strayhorn Bernice
Source: Public Records

Similar Home in Gates, TN

  • 29 Wardlow St W, Gates, TN 38037

    $70,000

    • 3 Beds
    • 1 Bath
    • 1,400+ Sq Ft
    • 29 Wardlow St W
    • Gates, TN

    So many possibilities!!! Need a home? Need a rental? How about opening your own business? Great starter home for a first time buyer OR a great business opportunity with living quarters attached OR a move in ready rental property for an investor. Roof is less than 2 years old. Note: Photos are from previous listing- there are currently contents in the building.

    Saundra Whiteside Lankford Realty Co.

    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Special Warranty Deed $76,000 None Listed On Document
Special Warranty Deed $76,000 None Listed On Document
Special Warranty Deed -- Servicelink
Deed In Lieu Of Foreclosure $90,360 Servicelink
Warranty Deed $91,100 Fayette County Title
Warranty Deed $47,500 --
Warranty Deed $8,000 --
Warranty Deed $65,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $91,100 VA
Previous Owner $51,756 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Sale $134,900 +77.5% $169 / Sq Ft
05/28/2025 05/28/25 Sold $76,000 +16.9% $95 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $65,000 -28.6% $81 / Sq Ft
06/13/2023 06/13/23 Sold $91,100 +7.2% $911 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $85,000 -- $850 / 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
2024 $424 $16,700 $1,925 $14,775
2023 $730 $16,700 $1,925 $14,775
2022 $730 $16,700 $1,925 $14,775
2021 $730 $16,700 $1,925 $14,775
2020 $787 $16,700 $1,925 $14,775
2019 $787 $15,700 $2,400 $13,300
2018 $787 $15,700 $2,400 $13,300
2017 $790 $15,700 $2,400 $13,300
2016 $108 $2,150 $2,150 $0
2015 $102 $2,150 $2,150 $0
2014 $62 $2,150 $2,150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10195462

Memphis Area Association of REALTORS®

APN: 054D-C-004.00