NOT LISTED FOR SALE

1947 Gladney Dr Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $120,963 - $152,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$73/Sq Ft Est. Value

Last Sold January 22, 2024

Last sale price $120,000 $67 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $776/month

33 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Central Heating and Cooling System
  • Wood Flooring
  • Separate Formal Living Room
  • Level Lot

About This Home

As of January 2024

This charming house on 1947 Gladney Drive offers a great opportunity for both investors and first-time homebuyers. With 3 beds and 2 baths at 1630 sqft, this property provides ample space for comfortable living. The unfinished permitted value-addition allows you to customize the home to your liking, making it a perfect fit for those looking to invest or "house-hack." Located nearby Alcy-Samuels Park, The Memphis Depot, and Makeda's Cookies! The seller is offering a 1-year home warranty!

Last Agent to Sell the Property

Jordan Ray

eXp Realty, LLC License #375004 Listed on: 12/18/2023

eXp Realty, LLC

Last Buyer's Agent

Darius Basken

Keller Williams License #353872

Keller Williams

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $577

Year Built

  • Built in 1976

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 29x109
  • Level Lot

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,639 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Covered Space
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Thames Samuels Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060112 00117

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$577

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748F
  • MAAR Subdivision Name: THAMES-SAMUELS
  • Number Of Stories: 1
  • Price Per Sq Ft: 73.22
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1639
  • Year Built: 1976
  • List Price/ Sq Ft: 79
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Sewer, Public Water

Lot Info

  • Lot Description: Level
  • Lot Number: 30
  • Acreage: 0.24
  • Lot Size: 29X109
  • Price Per Acre: 541250

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 060112 00117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2023
Closed on
Jan 22, 2024
Sold by
Ellison Virginia
Bought by
Franklin Tiffany
Seller's Agent
Jordan Ray
eXp Realty, LLC
Buyer's Agent
Darius Basken
Keller Williams
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Views
82
Current Estimated Value
$131,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,491
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
Dec 16, 2022
Sold by
Shelby County Chancery Court
Bought by
Ellison Virginia and Tate Carol A
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
Franklin Tiffany $120,000 None Listed On Document
Ellison Virginia $53,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tate Kenneth D $20,148
Previous Owner Tate Kenneth D $55,887
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2024 01/22/24 Sold $120,000 -7.6% $75 / Sq Ft
12/18/2023 12/18/23 For Sale $129,900 -- $81 / 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 $577 $29,800 $2,175 $27,625
2024 $577 $17,025 $1,275 $15,750
2023 $1,037 $17,025 $1,275 $15,750
2022 $1,037 $17,025 $1,275 $15,750
2021 $1,049 $17,025 $1,275 $15,750
2020 $1,116 $15,400 $1,275 $14,125
2019 $1,116 $15,400 $1,275 $14,125
2018 $1,116 $15,400 $1,275 $14,125
2017 $633 $15,400 $1,275 $14,125
2016 $689 $15,775 $0 $0
2014 $689 $15,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jordan Ray

    Seller's Agent in 2024

    Jordan Ray

    eXp Realty, LLC

    (662) 642-1458

    3 in this area

    86 Total Sales

    Jordan Ray
    Section Image
  • Darius Basken

    Buyer's Agent in 2024

    Darius Basken

    Keller Williams

    (901) 331-0749

    1 in this area

    8 Total Sales

    Darius Basken
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10162782

Memphis Area Association of REALTORS®

APN: 06-0112-0-0117

Tennessee Shelby County Memphis 38114 Southeast Memphis

1947 Gladney Dr, Memphis, TN

This home is located at 1947 Gladney Dr, Memphis, TN 38114 since 18 December 2023 and is currently estimated at $131,491, approximately $73 per square foot. This property was built in 1976. 1947 Gladney Dr is a home located in Shelby County with nearby schools including Hamilton High School, Believe Memphis Academy Charter School, and Memphis College Preparatory.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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