NOT LISTED FOR SALE

165 E Mckellar Ave Memphis, TN 38109

South Memphis Neighborhood

Estimated Value: $63,000 - $84,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$47/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $76,000 $48 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $425/month

209 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Patio
  • Wood Flooring
  • Brick Veneer
  • Central Heating and Cooling System

About This Home

As of May 2024

INVESTORS ONLY!! Tenant occupied property being marketed to investors. Could be a great addition to your rental portfolio. Home is professionally managed (lease, ledger, repair history available upon request). Long term tenant who would like to stay. Home is rented at $995. Seller has multiple homes for sale (Can buy them in bulk or individually). Other available homes are 1958 Whitney, 1703 Alta Vista, 165 E. Mckellar. DON'T DISTURB TENANT.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 10/25/2023

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Duane Kinnard

Tri-Leake Realty License #335044

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,530 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • New South Memphis Blk 19 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050068 00005

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: NEW SOUTH MEMPHIS BLK 19
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1530
  • Year Built: 1950
  • Special Features: None
  • 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
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 5
  • Acreage: 0.17
  • Lot Size: 50X150

Tax Info

  • Assessor Parcel Number: 050068 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
May 30, 2024
Sold by
Yai Real Estate Llc
Bought by
Memphis Re 4 Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Duane Kinnard
Tri-Leake Realty
List Price
$79,000
Sold Price
$76,000
Premium/Discount to List
-$3,000
-3.8%
Views
205
Current Estimated Value
$75,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$986
Avg. Annual Appreciation
-0.82%

Purchase Details

Listed on
Oct 25, 2023
Closed on
May 29, 2024
Sold by
Kensleholding Llc
Bought by
Yai Real Estate Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Duane Kinnard
Tri-Leake Realty
List Price
$79,000
Sold Price
$76,000
Premium/Discount to List
-$3,000
-3.8%
Views
205

Purchase Details

Closed on
May 10, 2021
Sold by
Leverette 4 Llc
Bought by
Kensleholding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,925
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2021
Sold by
Leverette 4 Llc
Bought by
Kensi Eholding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,925
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2019
Closed on
Jan 22, 2020
Sold by
Purdy Leonardo and Purdy Carmen
Bought by
Leverette 4 Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$39,900
Sold Price
$31,000
Premium/Discount to List
-$8,900
-22.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.10%

Purchase Details

Closed on
Oct 3, 2000
Sold by
Purdy Nail Vennie
Bought by
Purdy Leonardo Wendell
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Memphis Re 4 Llc $76,000 Advocate Title & Escrow Servic
Yai Real Estate Llc $76,000 Advocate Title & Escrow Servic
Kensleholding Llc $88,300 None Listed On Document
Kensi Eholding Llc $88,300 Os National Llc
Leverette 4 Llc $31,000 Memphis Title Company
Purdy Leonardo Wendell -- --
Purdy Leonardo Wendell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kensleholding Llc $900,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2024 05/23/24 Sold $76,000 -3.8% $54 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $79,000 0.0% $56 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/24/2024 04/24/24 Price Changed $79,000 -1.1% $56 / Sq Ft
04/07/2024 04/07/24 Price Changed $79,900 -9.1% $57 / Sq Ft
04/07/2024 04/07/24 Price Changed $87,900 -0.1% $63 / Sq Ft
12/04/2023 12/04/23 For Sale $88,000 0.0% $63 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/25/2023 10/25/23 For Sale $88,000 +183.9% $63 / Sq Ft
01/24/2020 01/24/20 Sold $31,000 -7.5% $20 / Sq Ft View Prior Sale
12/02/2019 12/02/19 Price Changed $33,500 -4.0% $22 / Sq Ft
11/15/2019 11/15/19 Price Changed $34,900 -5.7% $23 / Sq Ft
11/08/2019 11/08/19 Price Changed $37,000 -5.1% $24 / Sq Ft
10/08/2019 10/08/19 Price Changed $39,000 -2.3% $25 / Sq Ft
09/14/2019 09/14/19 For Sale $39,900 0.0% $26 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $39,900 -- $26 / 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 $370 $18,875 $2,000 $16,875
2024 $370 $10,925 $1,000 $9,925
2023 $370 $10,925 $1,000 $9,925
2022 $666 $10,925 $1,000 $9,925
2021 $673 $10,925 $1,000 $9,925
2020 $757 $10,450 $1,000 $9,450
2019 $334 $10,450 $1,000 $9,450
2018 $334 $10,450 $1,000 $9,450
2017 $342 $10,450 $1,000 $9,450
2016 $475 $10,875 $0 $0
2014 $475 $10,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2024

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    83 in this area

    1,181 Total Sales

    Tyler Tapley
    Section Image

  • D

    Buyer's Agent in 2024

    Duane Kinnard

    Tri-Leake Realty

    (901) 323-1246

    6 in this area

    121 Total Sales

    Duane Kinnard
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10159537

Memphis Area Association of REALTORS®

APN: 05-0068-0-0005

Tennessee Shelby County Memphis 38109 South Memphis

165 E Mckellar Ave, Memphis, TN

Not Listed for Sale

Detached

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