M
Seller's Agent in 2024
Mark Hart
Reedy & Company, REALTORS
(901) 800-6693
1 in this area
115 Total Sales
1894 E Mclemore Ave Memphis, TN 38114
Orange Mound NeighborhoodEstimated Value: $119,668 - $148,000
4
Beds
2
Baths
1,400-1,599
Sq Ft
$84/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Separate Formal Living Room
- Central Heating and Cooling System
- Wood Flooring
- Brick Veneer
- 4-minute walk to Glenview Park
About This Home
As of March 2024Newly Renovated Property! This property just went under a full renovation and is completely ready for someone to move in! Great opportunity for investors or a primary residency. There is professional management in place already by Reedy and Company. The current target rent on the property is set at $1095. No wholesale or assignments.
Last Agent to Sell the Property
Reedy & Company, REALTORS License #342634 Listed on: 01/26/2024
Last Buyer's Agent
Nikia Shields
eXp Realty, LLC License #373881
Home Details
Home Type
- Single Family
Year Built
- Built in 1927
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 40x120
- Wood Fence
- Chain Link Fence
- Level Lot
Parking
- Driveway
Home Design
- Traditional Architecture
- Brick Veneer
- Composition Shingle Roof
- Pier And Beam
Interior Spaces
- 1,400-1,599 Sq Ft Home
- 1,459 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Fireplace Features Masonry
- Separate Formal Living Room
- Wood Flooring
- Iron Doors
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
- 220 Volts
Community Details
- Vulcan Realty Co Subdivision
Listing and Financial Details
- Assessor Parcel Number 031114 00004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 26, 2024
Closed on
Mar 11, 2024
Sold by
Shy Echo
Bought by
Lawrence Krystal Lynn
Seller's Agent
Mark Hart
Reedy & Company, REALTORS
Buyer's Agent
Nikia Shields
eXp Realty, LLC
List Price
$120,000
Sold Price
$120,000
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,417
Avg. Annual Appreciation
6.54%
Original Mortgage
$97,680
Outstanding Balance
$96,058
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$38,359
Purchase Details
Listed on
Jan 17, 2020
Closed on
May 1, 2020
Sold by
Shaw John E and Shaw Linda Linda
Bought by
Shy Echo
Seller's Agent
Derek Shaw
Progressive Realty Services
Buyer's Agent
Derek Shaw
Progressive Realty Services
List Price
$85,000
Sold Price
$77,500
Premium/Discount to List
-$7,500
-8.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.99%
Original Mortgage
$62,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 6, 2016
Sold by
Alpha House Of Memphis Inc
Bought by
Shaw John E and Shaw Linda
Purchase Details
Closed on
Feb 14, 2003
Sold by
Hansard Steve
Bought by
Whitington Frank
Purchase Details
Closed on
Jul 2, 2002
Sold by
Chase Manhattan Bank
Bought by
Hansard Steve M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.27%
Purchase Details
Closed on
Apr 11, 2002
Sold by
Summerville Rheba and Walker Thomas W
Bought by
Chase Manhattan Bank and Merrill Lynch Mtg Investors Inc
Purchase Details
Closed on
Apr 29, 1998
Sold by
Thomas John H and Thomas Vickie H
Bought by
Scobey Larry L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,875
Interest Rate
7.04%
Purchase Details
Closed on
Apr 23, 1998
Sold by
Scobey Larry L
Bought by
Summerville Rheba and Walker Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,875
Interest Rate
7.04%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lawrence Krystal Lynn | $120,000 | Delta Title Services | |
| Shy Echo | $77,500 | Delta Title Services Llc | |
| Shaw John E | -- | None Available | |
| Whitington Frank | -- | -- | |
| Hansard Steve M | $21,000 | -- | |
| Chase Manhattan Bank | $45,000 | -- | |
| Scobey Larry L | $23,100 | -- | |
| Summerville Rheba | $50,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lawrence Krystal Lynn | $97,680 | |
| Previous Owner | Shy Echo | $62,000 | |
| Previous Owner | Hansard Steve M | $60,000 | |
| Previous Owner | Scobey Larry L | $37,875 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/11/2024 03/11/24 | Sold | $120,000 | 0.0% | $86 / Sq Ft | |
| 01/29/2024 01/29/24 | Pending | -- | -- | -- | |
| 01/26/2024 01/26/24 | For Sale | $120,000 | +54.8% | $86 / Sq Ft | |
| 05/01/2020 05/01/20 | Sold | $77,500 | -8.8% | $65 / Sq Ft | View Prior Sale |
| 02/19/2020 02/19/20 | For Sale | $85,000 | +9.7% | $71 / Sq Ft | |
| 01/24/2020 01/24/20 | Off Market | $77,500 | -- | -- | |
| 01/17/2020 01/17/20 | For Sale | $85,000 | -- | $71 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $603 | $30,200 | $3,875 | $26,325 |
| 2024 | $603 | $17,800 | $1,000 | $16,800 |
| 2023 | $1,084 | $17,800 | $1,000 | $16,800 |
| 2022 | $1,084 | $17,800 | $1,000 | $16,800 |
| 2021 | $1,289 | $17,800 | $1,000 | $16,800 |
| 2020 | $641 | $8,850 | $1,000 | $7,850 |
| 2019 | $283 | $8,850 | $1,000 | $7,850 |
| 2018 | $283 | $8,850 | $1,000 | $7,850 |
| 2017 | $290 | $8,850 | $1,000 | $7,850 |
| 2016 | $280 | $6,400 | $0 | $0 |
| 2014 | $280 | $6,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Hart
-
N
Buyer's Agent in 2024
Nikia Shields
eXp Realty, LLC
-
Derek Shaw
Seller's Agent in 2020
Derek Shaw
Progressive Realty Services
(901) 552-8782
1 in this area
12 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10164652
APN: 03-1114-0-0004
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