NOT LISTED FOR SALE

1901 State St Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $36,000 - $96,000

2 Beds
1 Bath
100-999 Sq Ft
$70/Sq Ft Est. Value

Last Sold October 28, 2013

Last sale price $5,000 $5 Per Sq Ft

Est. 1,305% increase in value since last sale

Current estimated payment $391/month

Highlights

  • Traditional Architecture
  • Partially Carpeted
  • 1-Story Property
  • Separate Formal Living Room
  • Level Lot

About This Home

As of October 2013

Stone exterior 2 bedroom with 1 bath home in great rental area. Property being sold "as is" and is subject to HUD Guidelines 24 CFR 206.125

Last Agent to Sell the Property

Joe King

Marathon REALTORS, LLC License #291170 Listed on: 10/01/2013

Last Buyer's Agent

Joe King

Marathon REALTORS, LLC License #291170 Listed on: 10/01/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $274

Year Built

  • Built in 1951

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 720 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Fair Acres Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 060093 00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$274

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: FAIR ACRES
  • Corporate Own: Yes
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 720
  • Year Built: 1951
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room

Exterior Features

  • Exterior Windows: Stone

Lot Info

  • Lot Description: Level
  • Lot Number: 54
  • Acreage: 0.13
  • Lot Size: 6084

Tax Info

  • Assessor Parcel Number: 060093 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2018
Sold by
Mid S Homebuyers Inc
Bought by
Opportunity Investments Llc
Current Estimated Value
$70,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,800
Outstanding Balance
$30,412
Interest Rate
4.6%
Mortgage Type
Unknown
Estimated Equity
$39,836

Purchase Details

Closed on
Jul 11, 2018
Sold by
Mccreight Erskine
Bought by
Mid South Homebuyers Inc

Purchase Details

Listed on
Oct 1, 2013
Closed on
Oct 25, 2013
Sold by
U S Bank Na
Bought by
Mccreight Erskine
Seller's Agent
Joe King
Marathon REALTORS, LLC
Buyer's Agent
Joe King
Marathon REALTORS, LLC
List Price
$5,000
Sold Price
$5,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.61%

Purchase Details

Closed on
Aug 6, 2013
Sold by
Dixon Ludie Belle
Bought by
Us Bank Na
Source: Public Records

Range of Values:

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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
Opportunity Investments Llc $58,000 Saddle Creek Title Llc
Mid South Homebuyers Inc $15,000 Saddle Creek Title Llc
Mccreight Erskine $5,000 Us Title
Us Bank Na $8,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Opportunity Investments Llc $34,800
Closed Mid South Homebuyers Inc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2013 10/28/13 Sold $5,000 0.0% $50 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $5,000 -- $50 / 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 $274 $8,675 $1,500 $7,175
2024 $274 $8,075 $1,000 $7,075
2023 $492 $8,075 $1,000 $7,075
2022 $492 $8,075 $1,000 $7,075
2021 $498 $8,075 $1,000 $7,075
2020 $446 $6,150 $1,000 $5,150
2019 $197 $6,150 $1,000 $5,150
2018 $110 $3,450 $1,000 $2,450
2017 $113 $3,450 $1,000 $2,450
2016 $177 $4,050 $0 $0
2014 $177 $4,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Joe King

    Marathon REALTORS, LLC

    (901) 260-3141

    1 in this area

    86 Total Sales

    Joe King
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3282546

Memphis Area Association of REALTORS®

APN: 06-0093-0-0006

Tennessee Shelby County Memphis 38114 Southeast Memphis

1901 State St, Memphis, TN

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