NOT LISTED FOR SALE

1727 Mary Dr Memphis, TN 38111

East Memphis Neighborhood

Estimated Value: $80,000 - $122,000

2 Beds
1 Bath
100-999 Sq Ft
$101/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $110,100 $110 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $564/month

Highlights

  • Updated Kitchen
  • Den
  • Brick Veneer
  • Traditional Architecture
  • Some Wood Windows
  • Tile Flooring

About This Home

As of October 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $850 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: 09/22/2022

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 875 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Johnsons Southmoor Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058018 00058

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SOUTHMOOR BLK B
  • List Price Per Sq Ft: 126
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 875
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Primary Bathroom Description: Tile Floor
  • 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: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 48
  • Acreage: 0.14
  • Lot Size: 50X125

Tax Info

  • Assessor Parcel Number: 058018 00058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Oct 19, 2022
Sold by
Alessi Thomas
Bought by
Quinico Holdings Tn Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$110,100
Sold Price
$110,100
Current Estimated Value
$100,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,922
Avg. Annual Appreciation
-2.55%
Original Mortgage
$82,500
Outstanding Balance
$79,174
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$21,582

Purchase Details

Listed on
Sep 22, 2022
Closed on
Oct 14, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Alessi Thomas
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$110,100
Sold Price
$110,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Outstanding Balance
$79,174
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$21,582

Purchase Details

Closed on
Feb 22, 2022
Sold by
Ice Pond Investments Llc
Bought by
Memphis Investment Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2021
Sold by
Mccracken Geraldine H
Bought by
Ice Pond Investments Llc
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
Quinico Holdings Tn Llc -- Delta Title Services
Alessi Thomas $110,100 Delta Title Services
Memphis Investment Properties $50,000 Delta Title Services
Ice Pond Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alessi Thomas $82,500
Previous Owner Memphis Investment Properties $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2022 10/17/22 Sold $110,100 0.0% $1,101 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $110,100 -- $1,101 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $443 $24,175 $1,900 $22,275
2024 $443 $13,075 $1,525 $11,550
2023 $796 $13,075 $1,525 $11,550
2022 $599 $9,825 $1,525 $8,300
2021 $711 $9,825 $1,525 $8,300
2019 $217 $6,800 $1,525 $5,275
2018 $217 $6,800 $1,525 $5,275
2017 $222 $6,800 $1,525 $5,275
2016 $331 $7,575 $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

    15 in this area

    304 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2022

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    16 in this area

    319 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10134423

Memphis Area Association of REALTORS®

APN: 05-8018-0-0058

Tennessee Shelby County Memphis 38111 East Memphis

1727 Mary Dr, Memphis, TN

Not Listed for Sale

Detached

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