NOT LISTED FOR SALE

1615 E Mclemore Ave Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $109,000 - $147,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$91/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $118,700 $85 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $744/month

157 Days on Market

Highlights

  • Wooded Lot
  • Attic
  • Separate Formal Living Room
  • Wood Flooring
  • 1 Fireplace
  • Mud Room

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

Ryan Gehris

USRealty.com, LLP License #325649 Listed on: 07/01/2022

Last Buyer's Agent

Joshua Cooper

Sowell, Realtors License #331551

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1917

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 48x143
  • Chain Link Fence
  • Level Lot
  • Wooded Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Bungalow
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof
  • Stone Exterior Construction

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,358 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Mud Room
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Oven or Range
  • Laundry Room
  • Attic
  • Unfinished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • Magnolia Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031027 00065

Home Details

Home Type

Single Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MAGNOLIA GROVE
  • List Price Per Sq Ft: 92
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1358
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath, Laundry Room, Breakfast Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Misc Interior: Walk-In Attic, Mud Room
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Unfinished Basement, Attic
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch, Chain Fence
  • Exterior Windows: Brick Veneer, Stone
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Lot Description: Wooded, Some Trees, Level
  • Lot Number: 13
  • Acreage: 0.15
  • Lot Size: 48X143

Tax Info

  • Assessor Parcel Number: 031027 00065

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Dec 20, 2022
Sold by
R & R Contracting Group Llc
Bought by
Blue 51 Investments Llc
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Joshua Cooper
Sowell, Realtors
List Price
$134,900
Sold Price
$118,700
Premium/Discount to List
-$16,200
-12.01%
Views
36
Current Estimated Value
$127,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,747
Avg. Annual Appreciation
2.34%
Original Mortgage
$83,090
Outstanding Balance
$80,656
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$46,791

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 -5.0% $99 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
10/26/2022 10/26/22 Price Changed $124,900 -1.6% $104 / Sq Ft
10/12/2022 10/12/22 Price Changed $126,900 -1.6% $106 / Sq Ft
10/06/2022 10/06/22 Price Changed $128,900 -0.8% $107 / Sq Ft
09/27/2022 09/27/22 Price Changed $129,900 -3.7% $108 / Sq Ft
09/01/2022 09/01/22 For Sale $134,900 0.0% $112 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/12/2022 08/12/22 Price Changed $134,900 -2.9% $112 / Sq Ft
07/01/2022 07/01/22 For Sale $139,000 +139.7% $116 / 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: 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 $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

  • Ryan Gehris

    Seller's Agent in 2022

    Ryan Gehris

    USRealty.com, LLP

    (866) 807-9087

    1 in this area

    1,921 Total Sales

    Ryan Gehris
    Section Image
  • Joshua Cooper

    Buyer's Agent in 2022

    Joshua Cooper

    Sowell, Realtors

    (901) 871-1204

    9 in this area

    145 Total Sales

    Joshua Cooper
    Section Image
  • Eric Crutcher

    Seller's Agent in 2021

    Eric Crutcher

    Doorstep Realty

    (901) 212-2414

    7 in this area

    102 Total Sales

    Eric Crutcher
    Section Image
  • Stacey Berry

    Buyer's Agent in 2021

    Stacey Berry

    Crye-Leike

    (901) 481-6420

    1 in this area

    196 Total Sales

    Stacey Berry
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10127816

Memphis Area Association of REALTORS®

APN: 03-1027-0-0065

Tennessee Shelby County Memphis 38106 Southeast Memphis

1615 E Mclemore Ave, Memphis, TN

Not Listed for Sale

Detached

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