NOT LISTED FOR SALE

1838 E Alcy Rd Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $102,000 - $137,000

4 Beds
2 Baths
1,800-1,999 Sq Ft
$60/Sq Ft Est. Value

Last Sold May 19, 2016

Last sale price $70,000 $35 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $687/month

Highlights

  • Traditional Architecture
  • Corner Lot
  • Eat-In Kitchen
  • Wood Flooring
  • Den
  • Double Pane Windows

About This Home

As of May 2016

This is a must see! Loaded with all the extras. Upgrades throughout hardwood, tile and totally remodeled kitchen. Tile back splash, 6 burnner gas stove top and all stainless steal appliances including dishwasher. Lots of closet space and security. Privacy fence arounf yard and patio.

Last Agent to Sell the Property

Daphne Battle

Signature Realty, LLC License #305167 Listed on: 08/03/2015

Last Buyer's Agent

Darlene Butler

The Peyton Co., Inc., REALTORS License #269984

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $629

Year Built

  • Built in 1968

Lot Details

  • 9,148 Sq Ft Lot
  • Wood Fence
  • Corner Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,668 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Den
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Monitored
  • Storm Doors
  • Iron Doors

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Manchester Cove 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060091 00183

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$629

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748F
  • MAAR Subdivision Name: MANCHESTER COVE 2ND ADD
  • List Price Per Sq Ft: 48
  • Number Of Stories: 1
  • Price Per Sq Ft: 41.97
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1668
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Hardwood Floor
  • Bedroom 4 Description: Level 2, Shared Bath, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Tile, Textured Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Cable Available
  • Living Dining Kitchen: Separate Den, LR/DR Combination, Eat-In Kitchen, Pantry
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Security System, Monitored Alarm
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio
  • Exterior Windows: Brick Veneer, Double Pane Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, More than 3 Coverd Spaces, Back-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Monitored Alarm System, Iron Door(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Corner, Wood Fenced
  • Lot Number: 98
  • Acreage: 0.21
  • Lot Size: .50
  • Price Per Acre: 380952

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 060091 00183

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2015
Closed on
May 18, 2016
Sold by
Brooks Gilbert
Bought by
Evans Joshua
Seller's Agent
Daphne Battle
Signature Realty, LLC
Buyer's Agent
Darlene Butler
The Peyton Co., Inc., REALTORS
List Price
$80,000
Sold Price
$70,000
Premium/Discount to List
-$10,000
-12.5%
Current Estimated Value
$120,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,207
Avg. Annual Appreciation
5.90%
Original Mortgage
$68,732
Outstanding Balance
$53,973
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$66,234

Purchase Details

Closed on
May 28, 2008
Sold by
Yale Mortgage Corp
Bought by
Brooks Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,248
Interest Rate
6%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 2006
Sold by
Williams Michael A
Bought by
Yale Mortgage Corp

Purchase Details

Closed on
Jul 15, 2005
Sold by
Williams Gracie Johnson
Bought by
Williams Michael A
Source: Public Records

Range of Values:

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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
Evans Joshua $70,000 None Available
Brooks Gilbert $40,000 Realty Title & Escrow
Yale Mortgage Corp $60,650 None Available
Williams Michael A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Joshua $68,732
Previous Owner Brooks Gilbert $60,248
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2016 05/19/16 Sold $70,000 -12.5% $39 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
08/03/2015 08/03/15 For Sale $80,000 -- $44 / 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 $629 $24,125 $3,750 $20,375
2024 $629 $18,550 $2,600 $15,950
2023 $1,130 $18,550 $2,600 $15,950
2022 $1,130 $18,550 $2,600 $15,950
2021 $1,143 $18,550 $2,600 $15,950
2020 $1,264 $17,450 $2,600 $14,850
2019 $1,264 $17,450 $2,600 $14,850
2018 $1,264 $17,450 $2,600 $14,850
2017 $717 $17,450 $2,600 $14,850
2016 $766 $17,525 $0 $0
2014 $766 $17,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daphne Battle

    Seller's Agent in 2016

    Daphne Battle

    Signature Realty, LLC

    (901) 233-4487

    1 in this area

    48 Total Sales

    Daphne Battle
    Section Image

  • D

    Buyer's Agent in 2016

    Darlene Butler

    The Peyton Co., Inc., REALTORS

    (901) 336-7759

    21 Total Sales

    Darlene Butler
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9958233

Memphis Area Association of REALTORS®

APN: 06-0091-0-0183

Tennessee Shelby County Memphis 38114 Southeast Memphis

1838 E Alcy Rd, Memphis, TN

This home is located at 1838 E Alcy Rd, Memphis, TN 38114 since 03 August 2015 and is currently estimated at $120,207, approximately $60 per square foot. This property was built in 1968. 1838 E Alcy Rd is a home located in Shelby County with nearby schools including Hamilton High School, Believe Memphis Academy Charter School, and Memphis College Preparatory.

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