NOT LISTED FOR SALE

1617 Southwall St Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $102,000 - $129,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$81/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $114,100 $82 Per Sq Ft

Current estimated payment $729/month

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Some Wood Windows
  • 0.34 Acre Lot
  • Den
  • Tile Flooring

About This Home

As of September 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $895 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 04/17/2022

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 60x64
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,213 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Southwall Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059021 00009

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 757G
  • MAAR Subdivision Name: BETHEL GROVE
  • List Price Per Sq Ft: 94
  • Number Of Stories: 1
  • Price Per Sq Ft: 94.06
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1213
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms 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: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 3
  • Acreage: 0.34
  • Lot Size: 60X64
  • Price Per Acre: 335588

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 059021 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2022
Sold by
Bene Thomas
Bought by
Moon Pie Properties Llc
Current Estimated Value
$113,571

Purchase Details

Listed on
Apr 17, 2022
Closed on
Sep 9, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Bene Thomas
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$114,100
Sold Price
$114,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.02%

Purchase Details

Listed on
Jul 9, 2013
Closed on
May 19, 2014
Sold by
Talmadge Properties Llc
Bought by
Marshall Audrey Lynn
Seller's Agent
Paige Michael
REMAX Experts
Buyer's Agent
Paige Michael
REMAX Experts
List Price
$10,000
Sold Price
$5,000
Premium/Discount to List
-$5,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.70%

Purchase Details

Closed on
Mar 19, 2004
Sold by
Crescent Contracting Co Inc
Bought by
Talmadge Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,580
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2001
Sold by
Baker Charles P and Strickman Levitas Deron
Bought by
Crescent Contracting Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,050
Interest Rate
7.17%

Purchase Details

Closed on
Apr 5, 2001
Sold by
Stutsy James Robert and Stutsy Elvie Lavelle
Bought by
Baker Charles P and Strickman Levitas Deron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
7.11%

Purchase Details

Closed on
Jun 13, 2000
Sold by
Cannon Stutsy Elvie L
Bought by
Stutsy Elvie Lavelle and Stutsy James Robert
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
Moon Pie Properties Llc -- --
Bene Thomas $114,100 Delta Title Services
Marshall Audrey Lynn $5,000 None Available
Talmadge Properties Llc $704,245 --
Crescent Contracting Company Inc -- --
Baker Charles P $10,000 --
Stutsy Elvie Lavelle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investment Properties $90,000
Previous Owner Talmadge Properties Llc $731,580
Previous Owner Crescent Contracting Company Inc $45,050
Previous Owner Baker Charles P $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $114,100 0.0% $95 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
04/17/2022 04/17/22 For Sale $114,100 +2182.0% $95 / Sq Ft
05/20/2014 05/20/14 Sold $5,000 -50.0% $4 / Sq Ft
05/18/2014 05/18/14 Pending -- -- --
07/09/2013 07/09/13 For Sale $10,000 -- $8 / 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 -- $33,200 $2,450 $30,750
2024 -- $20,000 $1,000 $19,000
2023 $1,218 $20,000 $1,000 $19,000
2022 $800 $13,125 $1,000 $12,125
2021 $950 $13,125 $1,000 $12,125
2020 $524 $7,225 $1,000 $6,225
2019 $231 $7,225 $1,000 $6,225
2018 $231 $7,225 $1,000 $6,225
2017 $236 $7,225 $1,000 $6,225
2016 $349 $7,975 $0 $0
2014 $349 $7,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2022

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    14 in this area

    456 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2022

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    14 in this area

    474 Total Sales

    Bradley Reedy
    Section Image

  • P

    Seller's Agent in 2014

    Paige Michael

    RE/MAX

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10121932

Memphis Area Association of REALTORS®

APN: 05-9021-0-0009

Tennessee Shelby County Memphis 38114 Southeast Memphis

1617 Southwall St, Memphis, TN

This home is located at 1617 Southwall St, Memphis, TN 38114 since 17 April 2022 and is currently estimated at $113,571, approximately $81 per square foot. This property was built in 1957. 1617 Southwall St is a home located in Shelby County with nearby schools including Cherokee Elementary School, Sherwood Middle, and Melrose High School.

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