NOT LISTED FOR SALE

1576 Railton Rd Memphis, TN 38111

Orange Mound Neighborhood

Estimated Value: $118,000 - $126,000

3 Beds
1.5 Baths
100-999 Sq Ft
$124/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $115,000 $115 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $709/month

39 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • 1-Story Property
  • Wood Flooring

About This Home

As of May 2023

Incredile home for first time homebuyer or investment? Look no further than this fully renovated 3 bedroom, 1 and a half bathroom property! With ample living space and a modern layout, this property is perfect for families, groups of friends, or anyone looking for a comfortable home. This property is truly turn-key and ready to move in right away. Don't miss out on this amazing opportunity to add a prime investment property to your portfolio. Schedule a showing today!

Last Agent to Sell the Property

Alton Cryer

Keller Williams License #347868 Listed on: 03/06/2023

Keller Williams

Last Buyer's Agent

Jerry Limbaugh

Limbaugh Appraisal Service License #3559

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $645

Year Built

  • Built in 1953

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 51x184

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 100-999 Sq Ft Home
  • 921 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Community Details

  • Railton Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059099 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$645

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 #: 757F
  • MAAR Subdivision Name: CHEROKEE
  • List Price Per Sq Ft: 130
  • Number Of Stories: 1
  • Price Per Sq Ft: 124.86
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 921
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1.1

Exterior Features

  • Exterior Windows: Vinyl Siding

Garage/Parking

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

Lot Info

  • Lot Number: 32
  • Acreage: 0.21
  • Lot Size: 51X184
  • Price Per Acre: 571429

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 059099 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
May 5, 2023
Sold by
Obach Llc
Bought by
Jameson David Frank and Jameson Carol Lynn
Seller's Agent
Alton Cryer
Keller Williams
Buyer's Agent
Jerry Limbaugh
Limbaugh Appraisal Service
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%
Views
44
Current Estimated Value
$123,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,495
Avg. Annual Appreciation
1.92%
Original Mortgage
$92,000
Outstanding Balance
$89,787
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$30,599

Purchase Details

Closed on
Oct 17, 2022
Sold by
Poplar Investment Partners Llc
Bought by
Marico Andrews And Obach Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2022
Closed on
Feb 23, 2022
Sold by
Railton House Llc
Bought by
Poplar Investment Partners Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Alton Cryer
Keller Williams
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%

Purchase Details

Closed on
Aug 11, 2020
Sold by
Bustamante Pierina
Bought by
Railton House Llc

Purchase Details

Listed on
Feb 21, 2018
Closed on
Mar 21, 2018
Sold by
Pegasus Real Estate Services Llc
Bought by
Bustamante Pierina
Seller's Agent
Stephen Akindona
Kairos Realty
Buyer's Agent
Stephen Akindona
Kairos Realty
List Price
$63,900
Sold Price
$63,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$38,500
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 21, 2018
Closed on
Feb 21, 2018
Sold by
Deustsche Bank Trust Company Americas
Bought by
Pegasus Real Estate Services Llc
Seller's Agent
Stephen Akindona
Kairos Realty
Buyer's Agent
Stephen Akindona
Kairos Realty
List Price
$63,900
Sold Price
$63,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2017
Sold by
Dodson Mary Lee
Bought by
Deutsche Bank Trust Company Americas
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
Jameson David Frank $115,000 None Listed On Document
Marico Andrews And Obach Llc -- Coventry Escrow & Title
Poplar Investment Partners Llc $89,900 New Title Company Name
Railton House Llc -- Accommodation
Bustamante Pierina $63,900 Saddle Creek Title Llc
Pegasus Real Estate Services Llc $17,000 None Available
Deutsche Bank Trust Company Americas $29,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jameson David Frank $92,000
Previous Owner Marico Andrews And Obach Llc $84,000
Previous Owner Bustamante Pierina $38,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $115,000 -4.2% $1,150 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $120,000 +33.5% $1,200 / Sq Ft
02/24/2022 02/24/22 Sold $89,900 0.0% $98 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $89,900 +40.7% $98 / Sq Ft
03/23/2018 03/23/18 Sold $63,900 0.0% $639 / Sq Ft
03/11/2018 03/11/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $63,900 -- $639 / 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 $645 $32,050 $2,625 $29,425
2024 $325 $19,025 $1,250 $17,775
2023 $585 $9,600 $1,250 $8,350
2022 $585 $9,600 $1,250 $8,350
2021 $260 $9,600 $1,250 $8,350
2020 $529 $7,300 $1,250 $6,050
2019 $233 $7,300 $1,250 $6,050
2018 $233 $7,300 $1,250 $6,050
2017 $239 $7,300 $1,250 $6,050
2016 $291 $6,650 $0 $0
2014 $291 $6,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alton Cryer

    Seller's Agent in 2023

    Alton Cryer

    Keller Williams

    (901) 494-3173

    5 in this area

    108 Total Sales

    Alton Cryer
    Section Image

  • J

    Buyer's Agent in 2023

    Jerry Limbaugh

    Limbaugh Appraisal Service

    (901) 331-9464

    1 in this area

    1 Total Sale

    Jerry Limbaugh
    Section Image

  • P

    Buyer Co-Listing Agent in 2023

    Polina Drury

    KC Realty, LLC

    (803) 807-3609

    2 in this area

    22 Total Sales

    Polina Drury
    Section Image
  • Dean Harris

    Seller's Agent in 2022

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    32 in this area

    1,428 Total Sales

    Dean Harris
    Section Image
  • Stephen Akindona

    Seller's Agent in 2018

    Stephen Akindona

    Kairos Realty

    (901) 486-6688

    3 in this area

    85 Total Sales

    Stephen Akindona
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10143217

Memphis Area Association of REALTORS®

APN: 05-9099-0-0021

Tennessee Shelby County Memphis 38111 Orange Mound

1576 Railton Rd, Memphis, TN

This home is located at 1576 Railton Rd, Memphis, TN 38111 since 06 March 2023 and is currently estimated at $123,495, approximately $123 per square foot. This property was built in 1953. 1576 Railton Rd is a home located in Shelby County with nearby schools including Cherokee Elementary School, Sherwood Middle, and Melrose High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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