NOT LISTED FOR SALE

1803 Parnassus St Memphis, TN 38108

Douglass Neighborhood

Estimated Value: $119,000 - $138,959

2 Beds
1 Bath
100-999 Sq Ft
$127/Sq Ft Est. Value

Last Sold September 03, 2024

Last sale price $130,000 $130 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $708/month

Highlights

  • Updated Kitchen
  • Some Wood Windows
  • Level Lot
  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of September 2024

Public Remarks - Copy and Paste change the rent amount -Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2023 standards! Target rent = $1,075 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

Mark Hart

Reedy & Company, REALTORS License #342634 Listed on: 07/31/2024

Last Buyer's Agent

Mark Hart

Reedy & Company, REALTORS License #342634 Listed on: 07/31/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 850 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Laminate Flooring
  • Iron Doors
  • Updated Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Jackson Ridge 4Th Subdivision

Listing and Financial Details

  • Assessor Parcel Number 062053 00008

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
  • MLS Map #: 752B
  • MAAR Subdivision Name: JACKSON RIDGE 4TH ADD
  • Number Of Stories: 1
  • Price Per Sq Ft: 152.94
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 850
  • Year Built: 1950
  • List Price/ Sq Ft: 153
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1
  • 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

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 226
  • Acreage: 0.17
  • Lot Size: 60X130
  • Price Per Acre: 764706
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 062053 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Aug 30, 2024
Sold by
Memphis Investment Properties Iv Llc
Bought by
Tran Justin
Seller's Agent
Mark Hart
Reedy & Company, REALTORS
Buyer's Agent
Mark Hart
Reedy & Company, REALTORS
List Price
$130,000
Sold Price
$130,000
Views
4
Current Estimated Value
$127,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,760
Avg. Annual Appreciation
-1.90%
Original Mortgage
$104,000
Outstanding Balance
$102,898
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$24,342

Purchase Details

Closed on
Jul 1, 2024
Sold by
Paulson Investments Llc
Bought by
Memphis Investment Properties Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Outstanding Balance
$102,898
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$24,342

Purchase Details

Closed on
Jan 21, 2011
Sold by
Memphis Investment Rental Properties Llc
Bought by
Paulson Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,575
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2001
Sold by
Spencer Deborah S and Spencer Thomas J
Bought by
Hud

Purchase Details

Closed on
Jun 20, 1995
Bought by
Spencer Deborah S
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
Tran Justin $130,000 None Listed On Document
Memphis Investment Properties Iv Llc $50,000 None Listed On Document
Paulson Investments Llc $35,150 Tam Title & Escrow Llc
Hud $45,879 --
Spencer Deborah S $42,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Justin $104,000
Previous Owner Memphis Investment Properties Iv Llc $93,000
Previous Owner Paulson Investments Llc $17,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2024 09/03/24 Sold $130,000 0.0% $1,300 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $130,000 -- $1,300 / 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 -- $34,975 $2,750 $32,225
2024 $378 $11,150 $1,400 $9,750
2023 $679 $11,150 $1,400 $9,750
2022 $679 $11,150 $1,400 $9,750
2021 $687 $11,150 $1,400 $9,750
2020 $558 $7,700 $1,275 $6,425
2019 $558 $7,700 $1,275 $6,425
2018 $558 $7,700 $1,275 $6,425
2017 $316 $7,700 $1,275 $6,425
2016 $394 $9,025 $0 $0
2014 $394 $9,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mark Hart

    Reedy & Company, REALTORS

    (901) 800-6693

    1 in this area

    100 Total Sales

    Mark Hart
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10178213

Memphis Area Association of REALTORS®

APN: 06-2053-0-0008

Tennessee Shelby County Memphis 38108 Douglass

1803 Parnassus St, Memphis, TN

This home is located at 1803 Parnassus St, Memphis, TN 38108 since 31 July 2024 and is currently estimated at $127,240, approximately $127 per square foot. This property was built in 1950. 1803 Parnassus St is a home located in Shelby County with nearby schools including Jackson Elementary School, Kingsbury Middle School, and Kingsbury High School.

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