NOT LISTED FOR SALE

1662 Netherwood Ave Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $162,000 - $233,000

4 Beds
2 Baths
2,000-2,199 Sq Ft
$95/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $47,000 $21 Per Sq Ft

Est. 317% increase in value since last sale

Current estimated payment $1,187/month

73 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Porch
  • Wood Flooring
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of October 2020

This home is located at 1662 Netherwood Ave, Memphis, TN 38106 since 07 July 2020 and is currently estimated at $208,469, approximately $104 per square foot. This property was built in 1929. 1662 Netherwood Ave is a home located in Shelby County with nearby schools including Rozelle Elementary School, Hamilton High School, and Immaculate Conception Cathedral School.

Last Agent to Sell the Property

Jennifer Parker

Heritage Homes Co. License #255956 Listed on: 07/07/2020

Last Buyer's Agent

Randall Garrett

Franchise Realty, LLC License #309803

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,367

Year Built

  • Built in 1929

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 67x145
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,063 Sq Ft Home
  • 1.1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Oven or Range

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Voluntary home owners association
  • Wilson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031026 00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,367

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748B
  • MAAR Subdivision Name: WILSON
  • List Price Per Sq Ft: 26
  • Number Of Stories: 1.1
  • Price Per Sq Ft: 22.78
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2063
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Luxury Master Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Tile, Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 7
  • Acreage: 0.22
  • Lot Size: 67X145
  • Price Per Acre: 240909

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 031026 00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2021
Sold by
S And L Real Estate Investmetns Llc
Bought by
Wilson Tedrick
Current Estimated Value
$195,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Outstanding Balance
$165,886
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$29,324

Purchase Details

Listed on
Jul 7, 2020
Closed on
Oct 15, 2020
Sold by
Harris Donald and Harris Frances
Bought by
S And L Real Estate Investments Llc
Seller's Agent
Jennifer Parker
Heritage Homes Co.
Buyer's Agent
Randall Garrett
Franchise Realty, LLC
List Price
$53,000
Sold Price
$47,000
Premium/Discount to List
-$6,000
-11.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.37%
Original Mortgage
$107,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wilson Tedrick $185,000 None Available
S And L Real Estate Investments Llc $47,000 Commercial Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Tedrick $4,872
Open Wilson Tedrick $34,962
Open Wilson Tedrick $181,649
Previous Owner S And L Real Estate Investments Llc $107,000
Previous Owner Harris Frances A $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $47,000 -11.3% $24 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $53,000 -- $27 / 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 $1,367 $53,200 $7,900 $45,300
2024 $1,367 $40,325 $1,900 $38,425
2023 $2,456 $40,325 $1,900 $38,425
2022 $2,456 $40,325 $1,900 $38,425
2021 $1,234 $20,025 $1,900 $18,125
2020 $495 $15,500 $1,900 $13,600
2019 $495 $15,500 $1,900 $13,600
2018 $495 $15,500 $1,900 $13,600
2017 $507 $15,500 $1,900 $13,600
2016 $643 $14,725 $0 $0
2014 $643 $14,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Parker

    Seller's Agent in 2020

    Jennifer Parker

    Heritage Homes Co.

    (901) 268-2851

    1 in this area

    20 Total Sales

    Section Image

  • R

    Buyer's Agent in 2020

    Randall Garrett

    Franchise Realty, LLC

    (901) 502-7548

    6 in this area

    27 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10087061

Memphis Area Association of REALTORS®

APN: 03-1026-0-0029

Tennessee Shelby County Memphis 38106 Southeast Memphis

1662 Netherwood Ave, Memphis, TN

This home is located at 1662 Netherwood Ave, Memphis, TN 38106 since 07 July 2020 and is currently estimated at $208,469, approximately $94 per square foot. This property was built in 1929. 1662 Netherwood Ave is a home located in Shelby County with nearby schools including Rozelle Elementary School, Hamilton High School, and Immaculate Conception Cathedral School.

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