NOT LISTED FOR SALE

1948 Clifton Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $96,000 - $113,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$88/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $30,000 $25 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $603/month

Highlights

  • Traditional Architecture
  • Den
  • Eat-In Kitchen
  • Separate Formal Living Room
  • Porch
  • Central Heating and Cooling System

About This Home

As of August 2016

**Occupied property do not disturb tenants!!! Investment property opportunity. Settled/current tenants in property. Ready to add to your portfolio or be your first to begin your expedition into the real estate investment market. Current rent $525

Last Agent to Sell the Property

Daniel Sturdivant

Bluff City Management, LLC License #331129 Listed on: 06/20/2016

Last Buyer's Agent

Daniel Sturdivant

Bluff City Management, LLC License #331129 Listed on: 06/20/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $574

Year Built

  • Built in 1950

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,192 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Den
  • Iron Doors
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Rugby Fourth Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072027 00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$574

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RUGBY 4TH ADD
  • List Price Per Sq Ft: 25
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1192
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Den, Eat-In Kitchen, Washer/Dryer Connections

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch
  • Exterior Windows: Vinyl Siding

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 764
  • Acreage: 0.21
  • Lot Size: .21 acres

Tax Info

  • Assessor Parcel Number: 072027 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2021
Sold by
Mid South Homebuyers Gop
Bought by
Hiatt Richard and Hiatt Emileah
Current Estimated Value
$106,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Outstanding Balance
$63,338
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$42,736

Purchase Details

Listed on
Aug 23, 2011
Closed on
Mar 15, 2012
Sold by
Mid Ohio Securities
Bought by
Heritage Properties Of Tennessee Inc
Seller's Agent
Jim Norman
Keller Williams
Buyer's Agent
Daphne Battle
Signature Realty, LLC
List Price
$29,000
Sold Price
$20,000
Premium/Discount to List
-$9,000
-31.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%

Purchase Details

Closed on
Mar 25, 1999
Sold by
Tennessee Housing Development Agency
Bought by
Hud

Purchase Details

Closed on
Mar 23, 1999
Sold by
Jessie Watkins
Bought by
Tennessee Housing Development Agency
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
Hiatt Richard $87,500 Saddle Creek Title Llc
Heritage Properties Of Tennessee Inc $20,000 Saddle Creek Title
Hud $32,033 --
Tennessee Housing Development Agency $32,033 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hiatt Richard $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2016 08/12/16 Sold $30,000 0.0% $30 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $30,000 +50.0% $30 / Sq Ft
03/16/2012 03/16/12 Sold $20,000 -31.0% $17 / Sq Ft View Prior Sale
03/01/2012 03/01/12 Pending -- -- --
08/23/2011 08/23/11 For Sale $29,000 -- $24 / 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 $574 $30,275 $1,550 $28,725
2024 $574 $16,925 $1,275 $15,650
2023 $1,031 $16,925 $1,275 $15,650
2022 $1,031 $16,925 $1,275 $15,650
2021 $732 $11,875 $1,275 $10,600
2020 $554 $7,650 $1,275 $6,375
2019 $245 $7,650 $1,275 $6,375
2018 $245 $7,650 $1,275 $6,375
2017 $250 $7,650 $1,275 $6,375
2016 $334 $7,650 $0 $0
2014 $334 $7,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Daniel Sturdivant

    Bluff City Management, LLC

    (901) 487-0257

    4 in this area

    21 Total Sales

    Daniel Sturdivant
    Section Image
  • Jim Norman

    Seller's Agent in 2012

    Jim Norman

    Keller Williams

    (901) 483-3606

    1 in this area

    10 Total Sales

    Jim Norman
    Section Image
  • Daphne Battle

    Buyer's Agent in 2012

    Daphne Battle

    Signature Realty, LLC

    (901) 233-4487

    1 in this area

    47 Total Sales

    Daphne Battle
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9979886

Memphis Area Association of REALTORS®

APN: 07-2027-0-0020

Tennessee Shelby County Memphis 38127 Frayser

1948 Clifton Ave, Memphis, TN

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