NOT LISTED FOR SALE

1615 E Mclemore Ave Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $122,000 - $132,000

3 Beds
1 Bath
1,358 Sq Ft
$93/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $118,700 $87 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $729/month

Highlights

  • Wood Flooring
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 1 Fireplace
  • Porch
  • Heating System Uses Natural Gas

About This Home

As of December 2022

Don't miss this beautiful 3BR/1BA cottage style home with an oversized front porch with large backyard and work shed (With power and AC) UPGRADES throughout; hardwood flooring, butcher-block counter tops, subway tile backsplash and. New vanity and shower with subway tile. Looking to be minutes from Downtown Memphis; West Memphis

Last Agent to Sell the Property

Beatrice Salako

USRealty.com, LLP Brokerage Phone: 8668079087 License #325649 Listed on: 12/20/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $893

Year Built

  • Built in 1917

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 48x143
  • Chain Link Fence

Parking

  • Parking Pad

Home Design

  • Shingle Roof

Interior Spaces

  • 1,358 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Magnolia Grove Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 031027 00065

Home Details

Home Type

Single Family

Est. Annual Taxes

$893

Year Built

Built in 1917

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 1917
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range, Oven
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 1358
  • Living Area Units: Square Feet

Exterior Features

  • Fencing: Chain Link
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size: 48X143
  • Lot Size Units: Acres
  • Parcel #: 031027 00065
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 893
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2022
Closed on
Dec 20, 2022
Sold by
R & R Contracting Group Llc
Bought by
Blue 51 Investments Llc
Seller's Agent
Beatrice Salako
USRealty.com, LLP
List Price
$139,000
Sold Price
$118,700
Premium/Discount to List
-$20,300
-14.6%
Views
36
Current Estimated Value
$126,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,136
Avg. Annual Appreciation
2.09%
Original Mortgage
$83,090
Outstanding Balance
$80,656
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$46,180

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 4, 2021
Sold by
Marvellous Property Management Llc
Bought by
R & R Contracting Group Llc
Seller's Agent
Eric Crutcher
Doorstep Realty
Buyer's Agent
Stacey Berry
Crye-Leike, Inc., REALTORS
List Price
$65,000
Sold Price
$58,000
Premium/Discount to List
-$7,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.73%
Original Mortgage
$50,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
May 13, 2021
Closed on
May 10, 2021
Sold by
Thomas Carlos
Bought by
Marvelous Property Management Llc
Seller's Agent
Eric Crutcher
Doorstep Realty
Buyer's Agent
Stacey Berry
Crye-Leike, Inc., REALTORS
List Price
$65,000
Sold Price
$58,000
Premium/Discount to List
-$7,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2020
Sold by
Pullian Sudie M and Mitchell Mary M
Bought by
Thomas Carlos

Purchase Details

Closed on
Aug 9, 2019
Sold by
Mitchell Mary M
Bought by
Pulliam Sudie M
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Blue 51 Investments Llc $118,700 Southern Trust Title
R & R Contracting Group Llc $58,000 Nexus Trust Title Co
Marvelous Property Management Llc $29,500 Saddle Creek Title Llc
Thomas Carlos $22,000 Close Trak Closing & Ttl Svc
Pulliam Sudie M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue 51 Investments Llc $83,090
Previous Owner R & R Contracting Group Llc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2022 12/20/22 Sold $118,700 -14.6% $87 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
12/20/2022 12/20/22 For Sale $139,000 +139.7% $102 / Sq Ft
06/04/2021 06/04/21 Sold $58,000 -10.8% $48 / Sq Ft View Prior Sale
05/13/2021 05/13/21 For Sale $65,000 -- $54 / Sq Ft
Source: Realtracs

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 $926 $32,100 $6,850 $25,250
2024 $926 $27,325 $1,375 $25,950
2023 $1,665 $27,325 $1,375 $25,950
2022 $961 $15,775 $1,375 $14,400
2021 $1,142 $15,775 $1,375 $14,400
2020 $893 $12,325 $1,375 $10,950
2019 $394 $12,325 $1,375 $10,950
2018 $394 $12,325 $1,375 $10,950
2017 $403 $12,325 $1,375 $10,950
2016 $508 $11,625 $0 $0
2014 $508 $11,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Beatrice Salako

    USRealty.com, LLP

  • Eric Crutcher

    Seller's Agent in 2021

    Eric Crutcher

    Doorstep Realty

    (901) 212-2414

    7 in this area

    105 Total Sales

    Eric Crutcher
    Section Image
  • Stacey Berry

    Buyer's Agent in 2021

    Stacey Berry

    Crye-Leike

    (901) 481-6420

    1 in this area

    190 Total Sales

    Stacey Berry
    Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 3123975

Realtracs

APN: 03-1027-0-0065

Tennessee Shelby County Memphis 38106 Southeast Memphis

1615 E Mclemore Ave, Memphis, TN

Not Listed for Sale

Detached

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.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.