NOT LISTED FOR SALE

1593 Russwood Rd Memphis, TN 38108

Douglass Neighborhood

Estimated Value: $100,000 - $116,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$68/Sq Ft Est. Value

Last Sold August 16, 2017

Last sale price $52,000 $33 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $642/month

121 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Wood Flooring
  • Outdoor Storage
  • Dining Room

About This Home

As of August 2017

BRICK HOME/ ONLY ONE OWNER/ VERY WELL KEPT, CLEAN AND SPACIOUS BACK AND FRONT YARD, SHORT SALE BRING ALL OFFERS. CURRENTLY OCCUPIED SO DOES NOT NEED MUCH REPAIRS BUT COSMETICS. HARDWOOD FLOORS AND TILE.

Last Agent to Sell the Property

Itzel Sanchez Bustamante

Keller Williams License #333024 Listed on: 09/06/2016

Keller Williams

Co-Listed By

Mark Saller

Reedy Group II, LLC License #239921

Last Buyer's Agent

Jimmy Kennedy

KAIZEN Realty, LLC License #303950

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $517

Year Built

  • Built in 1953

Lot Details

  • 9,583 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,472 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Community Details

  • Lynwood Park Second Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053092 00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$517

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 #: 752B
  • MAAR Subdivision Name: LYNWOOD PARK 2ND ADD
  • List Price Per Sq Ft: 35
  • Number Of Stories: 1
  • Price Per Sq Ft: 35.33
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1472
  • Year Built: 1953
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Pantry
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Brick Veneer

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 251
  • Acreage: 0.22
  • Price Per Acre: 236364

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 053092 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2016
Closed on
Aug 15, 2017
Sold by
King Deborah and Somma Sara Michelle King
Bought by
Fennell Llc
Seller's Agent
Itzel Sanchez Bustamante
Keller Williams
Buyer's Agent
Jimmy Kennedy
KAIZEN Realty, LLC
List Price
$56,000
Sold Price
$52,000
Premium/Discount to List
-$4,000
-7.14%
Current Estimated Value
$109,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,486
Avg. Annual Appreciation
9.59%
Original Mortgage
$52,972
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 25, 2007
Sold by
King Deborah J Smith
Bought by
King Deborah J Smith and King Sara Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,719
Interest Rate
6.41%
Mortgage Type
FHA
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
Fennell Llc $52,000 None Available
King Deborah J Smith -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pennel Llc $52,972
Previous Owner King Deborah J $75,719
Previous Owner King Deborah J Smith $71,000
Previous Owner King Deborah J Smith $55,000
Previous Owner King Deborah J Smith $37,000
Previous Owner King Deborah J Smith $21,500
Previous Owner King Deborah J Smith $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2017 08/16/17 Sold $52,000 -7.1% $37 / Sq Ft
01/05/2017 01/05/17 Pending -- -- --
09/06/2016 09/06/16 For Sale $56,000 -- $40 / 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 $517 $25,775 $2,750 $23,025
2024 $517 $15,250 $1,650 $13,600
2023 $929 $15,250 $1,650 $13,600
2022 $929 $15,250 $1,650 $13,600
2021 $940 $15,250 $1,650 $13,600
2020 $764 $10,550 $1,500 $9,050
2019 $764 $10,550 $1,500 $9,050
2018 $764 $10,550 $1,500 $9,050
2017 $434 $10,550 $1,500 $9,050
2016 $516 $11,800 $0 $0
2014 $516 $11,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Itzel Sanchez Bustamante

    Seller's Agent in 2017

    Itzel Sanchez Bustamante

    Keller Williams

    (901) 378-4334

    47 in this area

    603 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2017

    Mark Saller

    Reedy Group II, LLC

    Section Image

  • J

    Buyer's Agent in 2017

    Jimmy Kennedy

    KAIZEN Realty, LLC

    (901) 221-4041

    1 in this area

    54 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9985820

Memphis Area Association of REALTORS®

APN: 05-3092-0-0008

Tennessee Shelby County Memphis 38108 Douglass

1593 Russwood Rd, Memphis, TN

This home is located at 1593 Russwood Rd, Memphis, TN 38108 since 06 September 2016 and is currently estimated at $108,332, approximately $67 per square foot. This property was built in 1953. 1593 Russwood Rd is a home located in Shelby County with nearby schools including Wells Station Elementary School, Kingsbury Middle School, and Kingsbury High School.

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