NOT LISTED FOR SALE

1951 Clovia Ln Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $81,000 - $119,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$53/Sq Ft Est. Value

Sale Details

Date Sold: July 20, 2016

Last sale price $17,000 $9 Per Sq Ft

Est. 457% increase in value since last sale

Current estimated payment $547 / mo

29 Days on Market

Highlights

  • Traditional Architecture
  • Den with Fireplace
  • 3 Car Attached Garage
  • Great Room
  • Some Wood Windows
  • Laundry Room

About This Home

As of July 2016

Great Investment Opportunity! 3BR 2BA Stone Exterior. Large Home with Lots of Potential. Repairs Needed. Sold "as is". Large Great Room w/Fireplace. Living Room/Dining Room Combo.

Last Agent to Sell the Property

Danny Lipsey

Keller Williams License #267789 Listed on: 04/27/2016

Keller Williams

Co-Listed By

Jo Shaner

Keller Williams License #265130

Last Buyer's Agent

Danny Lipsey

Keller Williams License #267789 Listed on: 04/27/2016

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60 x 110
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Stone Exterior Construction
  • Pier And Beam

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,791 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Great Room
  • Combination Dining and Living Room
  • Den with Fireplace
  • Iron Doors
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Driveway

Utilities

  • Floor Furnace

Community Details

  • Chandler & Chandler Cloverdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031086 00005

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: CHANDLER & CHANDLER CLOVERDALE
  • Corporate Own: Yes
  • List Price Per Sq Ft: 14
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1791
  • Year Built: 1950
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room, LR/DR Combination
  • Number Of Fireplaces: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition, Stone
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Heating: Floor Furnace
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 98
  • Acreage: 0.15
  • Lot Size: 60 X 110

Tax Info

  • Assessor Parcel Number: 031086 00005

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jul 14, 2016
Sold by
Bought by
Seller's Agent
Danny Lipsey
Keller Williams
Buyer's Agent
Danny Lipsey
Keller Williams
List Price
$24,900
Sold Price
$17,000
Premium/Discount to List
-$7,900
-31.73%
Current Estimated Value
$94,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,653
Avg. Annual Appreciation
18.75%
Original Mortgage
$15,130
Outstanding Balance
$150
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$94,503

Purchase Details

Closed on
Oct 28, 2014
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$17,000 Edco Title & Closing Svcs In
$57,771 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $15,130
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/20/2016 07/20/16 Sold $17,000 -31.7% $11 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $24,900 -- $16 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $394 $14,650 $2,725 $11,925
2024 $464 $13,675 $1,100 $12,575
2023 $833 $13,675 $1,100 $12,575
2022 $833 $13,675 $1,100 $12,575
2021 $843 $13,675 $1,100 $12,575
2020 $897 $12,375 $1,100 $11,275
2019 $897 $12,375 $1,100 $11,275
2018 $897 $12,375 $1,100 $11,275
2017 $509 $12,375 $1,100 $11,275
2016 $552 $12,625 $0 $0
2014 $552 $12,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danny Lipsey

    Seller's Agent in 2016

    Danny Lipsey

    Keller Williams

    (901) 261-7918

    1 in this area

    63 Total Sales

    Danny Lipsey
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jo Shaner

    Keller Williams

    Section Image

  • J

    Buyer Co-Listing Agent in 2016

    Jesse Campbell-Taber

    C21 Bob Leigh and Associates

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9975868

Memphis Area Association of REALTORS®

APN: 03-1086-0-0005

Tennessee Shelby County Memphis 38114 Southeast Memphis

1951 Clovia Ln, Memphis, TN

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