NOT LISTED FOR SALE

1589 Waverly Ave Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $200,000 - $248,000

3 Beds
2.5 Baths
2,000-2,199 Sq Ft
$101/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $215,000 $98 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,306/month

37 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Some Wood Windows
  • Wood Flooring
  • Separate Formal Living Room
  • Porch

About This Home

As of June 2024

Renovated 3BR/2.5BA home in the Glenview Historic District. So many upgrades: HVAC, roof, electrical, plumbing, bathrooms and kitchen. Primary bedroom features walk-in closet and private bath. Bedrooms 2 and 3 share a bathroom.

Last Agent to Sell the Property

Robert Grisham

Bluff City Realty Group, LLC License #322147 Listed on: 04/04/2024

Last Buyer's Agent

Erika Brown

Hayes Homes and Realty, Inc License #371066

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,101

Year Built

  • Built in 1931

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 45x137
  • Wood Fence
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,145 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Partial Basement
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Magnolia Terr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031026 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,101

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748B
  • MAAR Subdivision Name: MAGNOLIA TERRACE
  • Number Of Stories: 2
  • Price Per Sq Ft: 100.23
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2145
  • Year Built: 1931
  • List Price/ Sq Ft: 103
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Renovated Bathroom, Half Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition, Wood Window(s)
  • Foundation: Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced
  • Lot Number: 51 WPT52
  • Acreage: 0.14
  • Lot Size: 45X137
  • Price Per Acre: 1570714

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 031026 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jun 7, 2024
Sold by
Bellwether Cap Partners Llc
Bought by
Ames Latoya
Seller's Agent
Robert Grisham
Bluff City Realty Group, LLC
Buyer's Agent
Erika Brown
Hayes Homes and Realty, Inc
List Price
$219,900
Sold Price
$215,000
Premium/Discount to List
-$4,900
-2.23%
Views
88
Current Estimated Value
$222,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,842
Avg. Annual Appreciation
3.03%
Original Mortgage
$172,822
Outstanding Balance
$171,284
Interest Rate
7.22%
Mortgage Type
FHA
Estimated Equity
$51,558

Purchase Details

Closed on
Aug 24, 2022
Sold by
Thompson Jr Robert A
Bought by
Bellwether Capital Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2022
Sold by
Bellwether Capital Partners Llc
Bought by
Thompson Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2022
Sold by
Chelsey Lovell
Bought by
Bellwether Capital Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2021
Sold by
Shelby County Chancery Court
Bought by
October 16Th Productions Llc

Purchase Details

Closed on
Nov 22, 2016
Sold by
Parker Janet
Bought by
October 16Th Production Llc

Purchase Details

Closed on
Jun 24, 2016
Sold by
Blackwell Staci
Bought by
Howell Jeff

Purchase Details

Listed on
Dec 27, 2011
Closed on
Jun 22, 2012
Sold by
Harlee Llc
Bought by
Midsouth Home Investors Llc
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
List Price
$18,500
Sold Price
$16,500
Premium/Discount to List
-$2,000
-10.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.85%
Original Mortgage
$48,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2011
Sold by
Fannie Mae
Bought by
Harlee Llc

Purchase Details

Closed on
May 13, 2011
Sold by
Greer Tonja and Harris Herbert
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 24, 2007
Sold by
Walker Ursula V
Bought by
Greer Tonja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2006
Sold by
Federal National Mortgage Association
Bought by
Walker Ursula V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,725
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2006
Sold by
Smith James Anthony
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 28, 2005
Sold by
Evans Eddie E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 29, 2004
Sold by
Smith Keith
Bought by
Evans Eddie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2002
Sold by
Collier Elis Lee and Collier Dorothy
Bought by
Hud
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
Ames Latoya $215,000 Coventry Escrow & Title
Bellwether Capital Partners Llc -- Executive Title & Closing
Thompson Robert A -- None Listed On Document
Bellwether Capital Partners Llc $46,000 Coventry Escrow & Title
October 16Th Production Llc $30,000 Delta Title Services Llc
Parker Janet $10,000 Nexus Title & Escrow Llc
Howell Jeff $12,500 None Available
Midsouth Home Investors Llc $16,500 Saddle Creek Title Llc
Harlee Llc $16,500 Saddle Creek Title
Federal National Mortgage Association $85,519 None Available
Greer Tonja $80,000 West Tennessee Title
Walker Ursula V $27,000 West Tn Title Ins Agency
Federal National Mortgage Association $79,740 None Available
Federal National Mortgage Association $59,360 --
Evans Eddie E $77,900 Community Equity & Title Inc
Hud $44,713 --
October 16Th Productions Llc $30,099 Gallagher Gregory S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ames Latoya $172,822
Previous Owner Bellwether Capital Partners Llc $178,400
Previous Owner Bellwether Capital Partners Llc $155,000
Previous Owner Midsouth Home Investors Llc $48,000
Previous Owner Greer Tonja $17,000
Previous Owner Greer Tonja $80,000
Previous Owner Walker Ursula V $55,725
Previous Owner Evans Eddie E $77,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $215,000 -2.2% $108 / Sq Ft
05/12/2024 05/12/24 For Sale $219,900 +2.3% $110 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
04/29/2024 04/29/24 Off Market $215,000 -- --
04/24/2024 04/24/24 Price Changed $219,900 -2.2% $110 / Sq Ft
04/04/2024 04/04/24 For Sale $224,900 +1263.0% $112 / Sq Ft
06/22/2012 06/22/12 Sold $16,500 -10.8% $8 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
12/27/2011 12/27/11 For Sale $18,500 -- $9 / 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 $1,101 $53,175 $6,575 $46,600
2024 $1,101 $32,475 $1,250 $31,225
2023 $1,978 $32,475 $1,250 $31,225
2022 $1,168 $19,175 $1,250 $17,925
2021 $1,182 $19,175 $1,250 $17,925
2020 $1,112 $15,350 $1,250 $14,100
2019 $491 $15,350 $1,250 $14,100
2018 $491 $15,350 $1,250 $14,100
2017 $502 $15,350 $1,250 $14,100
2016 $727 $16,625 $0 $0
2014 $727 $16,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Robert Grisham

    Bluff City Realty Group, LLC

    (901) 230-1255

    1 in this area

    52 Total Sales

    Section Image

  • E

    Buyer's Agent in 2024

    Erika Brown

    Hayes Homes and Realty, Inc

    Section Image
  • Jimmie Tapley

    Seller's Agent in 2012

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    28 in this area

    275 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10169401

Memphis Area Association of REALTORS®

APN: 03-1026-0-0007

Tennessee Shelby County Memphis 38106 Southeast Memphis

1589 Waverly Ave, Memphis, TN

This home is located at 1589 Waverly Ave, Memphis, TN 38106 since 04 April 2024 and is currently estimated at $222,842, approximately $101 per square foot. This property was built in 1931. 1589 Waverly Ave is a home located in Shelby County with nearby schools including Rozelle Elementary School, Hamilton High School, and Soulsville Charter School.

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