NOT LISTED FOR SALE

1609 Oberle Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $42,000 - $76,000

2 Beds
1 Bath
932 Sq Ft
$65/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $30,000 $32 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $346/month

Highlights

  • Traditional Architecture
  • Porch
  • Tile Flooring
  • Some Wood Windows
  • Patio
  • 1-Story Property

About This Home

As of August 2020

Tenant occupied home being marketed for sale to investors only. Home has window units, large front porch, plenty of parking, located on a quiet street. This could be a great addition to your investment portfolio. Do not disturb or approach tenant, make offer contingent on interior inspection. Online video walk-thru available upon request. Rent is $540 per month.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 06/27/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 06/27/2020

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $325

Year Built

  • Built in 1933

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 65x130
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 932 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

  • Window Unit Cooling System

Community Details

  • Ira Knox Shelby Vista Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070034 00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$325

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: IRA KNOX SHELBY VISTA
  • List Price Per Sq Ft: 39
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 932
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Tile
  • Full Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 5
  • Acreage: 0.19
  • Lot Size: 65X130

Tax Info

  • Assessor Parcel Number: 070034 00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2020
Sold by
Davydov Denis
Bought by
Davyov Denis and Seifaei Mana
Current Estimated Value
$60,976

Purchase Details

Listed on
Jun 27, 2020
Closed on
Aug 11, 2020
Sold by
Nandrajog Laksh
Bought by
Davydov Denis
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$35,900
Sold Price
$30,000
Premium/Discount to List
-$5,900
-16.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.55%

Purchase Details

Closed on
Dec 16, 2019
Sold by
Stotts Charles and Stotts Carla
Bought by
Nandrajog Laksh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,562
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2008
Sold by
Harvey Betty
Bought by
Carlisle W Luther and Stotts Charles R
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
Davyov Denis -- None Available
Davydov Denis $30,000 None Available
Nandrajog Laksh $16,000 None Available
Carlisle W Luther $6,000 Mississippi Valley Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nandrajog Laksh $16,562
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2020 08/11/20 Sold $30,000 -16.4% $32 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $35,900 0.0% $39 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $35,900 -- $39 / 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 $325 $9,200 $1,600 $7,600
2024 $325 $9,600 $1,425 $8,175
2023 $585 $9,600 $1,425 $8,175
2022 $585 $9,600 $1,425 $8,175
2021 $331 $9,600 $1,425 $8,175
2020 $458 $6,325 $1,425 $4,900
2019 $202 $6,325 $1,425 $4,900
2018 $202 $6,325 $1,425 $4,900
2017 $207 $6,325 $1,425 $4,900
2016 $275 $6,300 $0 $0
2014 $275 $6,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2020

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    160 in this area

    1,201 Total Sales

    Tyler Tapley
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10079503

Memphis Area Association of REALTORS®

APN: 07-0034-0-0024

Tennessee Shelby County Memphis 38127 Frayser

1609 Oberle Ave, Memphis, TN

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