NOT LISTED FOR SALE

1572 Southern Ave Memphis, TN 38114

Annesdale Neighborhood

Estimated Value: $72,000 - $122,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$81/Sq Ft Est. Value

Last Sold March 24, 2020

Last sale price $23,000 $19 Per Sq Ft

Est. 325% increase in value since last sale

Current estimated payment $569/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • 1 Fireplace

About This Home

As of March 2020

Great investment opportunity, property is vacant. Being sold AS IS.

Last Agent to Sell the Property

Brett Bernard

The Stamps Real Estate Company License #346958 Listed on: 02/19/2020

Last Buyer's Agent

Brett Bernard

The Stamps Real Estate Company License #346958 Listed on: 02/19/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $453

Year Built

  • Built in 1926

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,119 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Norfleet Home Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031032 00028

Home Details

Home Type

Single Family

Est. Annual Taxes

$453

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 746J
  • MAAR Subdivision Name: NORFLEET HOME PLACE
  • List Price Per Sq Ft: 22
  • Number Of Stories: 1
  • Price Per Sq Ft: 20.55
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1119
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 27
  • Acreage: 0.13
  • Lot Size: 48 X 119.4/119.75
  • Price Per Acre: 192308

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 031032 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Mem 2018 Llc
Bought by
Passive Sunshine I Llc
Current Estimated Value
$97,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,750
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 19, 2020
Closed on
Mar 24, 2020
Sold by
Multiservices Prime Corp Inc
Bought by
Mem 2018 Llc
Seller's Agent
Brett Bernard
The Stamps Real Estate Company
Buyer's Agent
Brett Bernard
The Stamps Real Estate Company
List Price
$25,000
Sold Price
$23,000
Premium/Discount to List
-$2,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.39%

Purchase Details

Closed on
Oct 16, 2013
Sold by
Jones Willie
Bought by
Jones Gerald A and Jones Vickie L

Purchase Details

Closed on
Mar 31, 2009
Sold by
Smith Myra J and Grose Lisa Richardson
Bought by
Jones Willie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,600
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage
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
Passive Sunshine I Llc $74,166 None Listed On Document
Mem 2018 Llc $42,000 None Available
Multiservices Prime Corp $23,000 None Available
Jones Gerald A -- None Available
Jones Willie A $22,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Passive Sunshine 1 Llc $179,751
Closed Passive Sunshine I Llc $151,750
Previous Owner Jones Willie A $17,600
Previous Owner Smith Clay D $29,500
Previous Owner Smith Clay D $11,592
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2020 03/24/20 Sold $23,000 -8.0% $23 / Sq Ft
02/25/2020 02/25/20 For Sale $25,000 0.0% $25 / Sq Ft
02/22/2020 02/22/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $25,000 -- $25 / 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 $453 $32,475 $6,250 $26,225
2024 $453 $13,375 $2,500 $10,875
2023 $815 $13,375 $2,500 $10,875
2022 $815 $13,375 $2,500 $10,875
2021 $461 $13,375 $2,500 $10,875
2020 $667 $9,200 $2,500 $6,700
2019 $294 $9,200 $2,500 $6,700
2018 $294 $9,200 $2,500 $6,700
2017 $301 $9,200 $2,500 $6,700
2016 $330 $7,550 $0 $0
2014 $330 $7,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brett Bernard

    Seller's Agent in 2020

    Brett Bernard

    The Stamps Real Estate Company

    (901) 692-7401

    222 Total Sales

    Brett Bernard
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10071168

Memphis Area Association of REALTORS®

APN: 03-1032-0-0028

Tennessee Shelby County Memphis 38114 Annesdale

1572 Southern Ave, Memphis, TN

This home is located at 1572 Southern Ave, Memphis, TN 38114 since 19 February 2020 and is currently estimated at $97,674, approximately $81 per square foot. This property was built in 1926. 1572 Southern Ave is a home located in Shelby County with nearby schools including Rozelle Elementary School, Central High School, and Memphis Delta Preparatory Charter School.

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