NOT LISTED FOR SALE

1651 Gabay St Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $38,000 - $43,970

2 Beds
1 Bath
100-999 Sq Ft
$41/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $28,000 $28 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $229/month

9 Days on Market

Highlights

  • Wooded Lot
  • Separate Formal Living Room
  • Central Heating
  • Traditional Architecture
  • Some Wood Windows
  • 5-minute walk to Lincoln Park

About This Home

As of March 2024

Investors Only! This quaint, cottage-like home is very well-maintained and perfect for an investor or homeowner. Currently has a month-to-month tenant. CASH ONLY. It is a true 2-bedroom home, but the 2nd bedroom has been converted into a closet and washroom (washer only), No dryer. Can be reversed back to a bedroom. Appliances stay. Seller to give $2,000 decorating allowance to make it your own. Storage in back won't stay. Don't disturb the tenant. Call listing agent for appointment.

Last Agent to Sell the Property

Desiree Anderson

Adaro Realty, Inc. License #360922 Listed on: 02/17/2024

Adaro Realty, Inc.

Last Buyer's Agent

Kevin Brown

eXp Realty, LLC License #364387

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $155

Year Built

  • Built in 1956

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 25x82
  • Wooded Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 580 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Partially Carpeted
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • Gabay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 034037 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$155

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747B
  • MAAR Subdivision Name: GABAY
  • Number Of Stories: 1
  • Price Per Sq Ft: 48.28
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 580
  • Year Built: 1956
  • List Price/ Sq Ft: 60
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Washer/Dryer Connections
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wooded Grounds
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central

Lot Info

  • Lot Description: Wooded, Some Trees
  • Lot Number: 69
  • Acreage: 0.04
  • Lot Size: 25X82
  • Price Per Acre: 875000

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 034037 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Fisher-Farris Yvonne D
Bought by
Bougard Sherry
Current Estimated Value
$40,993

Purchase Details

Listed on
Feb 17, 2024
Closed on
Mar 7, 2024
Sold by
Mull Alonzo
Bought by
Fisher-Farris Yvonne D
Seller's Agent
Desiree Anderson
Adaro Realty, Inc.
Buyer's Agent
Kevin Brown
eXp Realty, LLC
List Price
$40,000
Sold Price
$28,000
Premium/Discount to List
-$12,000
-30%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.35%
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
Bougard Sherry $42,000 Lendserv National Title
Fisher-Farris Yvonne D $28,000 Regency Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2024 03/07/24 Sold $28,000 -20.0% $280 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/25/2024 02/25/24 Price Changed $35,000 -12.5% $350 / Sq Ft
02/17/2024 02/17/24 For Sale $40,000 -- $400 / 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 $155 $10,525 $1,750 $8,775
2024 $155 $4,575 $750 $3,825
2023 $279 $4,575 $750 $3,825
2022 $279 $4,575 $750 $3,825
2021 $282 $4,575 $750 $3,825
2020 $246 $3,400 $750 $2,650
2019 $246 $3,400 $750 $2,650
2018 $246 $3,400 $750 $2,650
2017 $140 $3,400 $750 $2,650
2016 $133 $3,050 $0 $0
2014 $133 $3,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Desiree Anderson

    Seller's Agent in 2024

    Desiree Anderson

    Adaro Realty, Inc.

    (901) 831-1729

    12 in this area

    30 Total Sales

    Desiree Anderson
    Section Image

  • K

    Buyer's Agent in 2024

    Kevin Brown

    eXp Realty, LLC

    7 in this area

    149 Total Sales

    Kevin Brown
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10166113

Memphis Area Association of REALTORS®

APN: 03-4037-0-0021

Tennessee Shelby County Memphis 38106 South Memphis

1651 Gabay St, Memphis, TN

This home is located at 1651 Gabay St, Memphis, TN 38106 since 17 February 2024 and is currently estimated at $40,993, approximately $41 per square foot. This property was built in 1956. 1651 Gabay St is a home located in Shelby County with nearby schools including A. B. Hill Elementary School, Riverview Middle School, and Hamilton High School.

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