NOT LISTED FOR SALE

1971 Murley Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $67,787 - $89,000

3 Beds
1 Bath
1,600-1,799 Sq Ft
$42/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $25,500 $14 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $415/month

16 Days on Market

Highlights

  • Central Heating and Cooling System
  • Level Lot
  • 1-Story Property

About This Home

As of June 2024

Here is 3 bedroom ranch brick with investment potential. Home is boarded with no access and needs major repairs including roof, HVAC, grading, interior repairs and upgrades. REO Reserve Auction – NO ACCESS OR VIEWINGS of this property. Please "As is" sale with no contingencies or inspections.

Last Agent to Sell the Property

Lori Brown

Realhome Services & Solutions License #362927 Listed on: 05/06/2024

Last Buyer's Agent

Nancy Moore

Crye-Leike, Inc., REALTORS License #267074

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $276

Year Built

  • Built in 1952

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,652 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Parking Lot

Utilities

  • Central Heating and Cooling System

Community Details

  • Masons Hays St 1 Addn Of Lot Pt 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060107 00038

Home Details

Home Type

Single Family

Est. Annual Taxes

$276

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MASONS HAYS ST 1ST ADD
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1652
  • Year Built: 1952
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Parking Lot

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 35
  • Acreage: 0.14
  • Lot Size: 6360

Tax Info

  • Assessor Parcel Number: 060107 00038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Jun 4, 2024
Sold by
Bear Stearns Asset Backed Sec and Wilmington Trust Na
Bought by
Teshale Anley
Seller's Agent
Lori Brown
Realhome Services & Solutions
Buyer's Agent
Nancy Moore
Crye-Leike, Inc., REALTORS
List Price
$21,200
Sold Price
$25,500
Premium/Discount to List
$4,300
20.28%
Views
121
Current Estimated Value
$74,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,447
Avg. Annual Appreciation
118.42%

Purchase Details

Closed on
Jan 29, 2024
Sold by
Mackie Wolf Zientz & Mann Pc
Bought by
Wilmington Trust

Purchase Details

Closed on
Feb 18, 2017
Sold by
Sanders James E
Bought by
Sanders Anita A

Purchase Details

Closed on
Nov 30, 2016
Sold by
Sanders Ronald L
Bought by
Sanders Anita A

Purchase Details

Closed on
Sep 2, 2016
Sold by
Pride Debroah S
Bought by
Sanders Anita A
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
Teshale Anley $25,500 Premium Title Services
Wilmington Trust $79,179 Tri State Title
Sanders Anita A -- None Available
Sanders Anita A -- None Available
Sanders Anita A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2024 06/12/24 Sold $25,500 +20.3% $16 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $21,200 -- $13 / 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 $276 $11,450 $1,500 $9,950
2024 $276 $8,150 $1,000 $7,150
2023 $496 $8,150 $1,000 $7,150
2022 $496 $8,150 $1,000 $7,150
2021 $502 $8,150 $1,000 $7,150
2020 $514 $7,100 $1,000 $6,100
2019 $514 $7,100 $1,000 $6,100
2018 $514 $7,100 $1,000 $6,100
2017 $292 $7,100 $1,000 $6,100
2016 $371 $8,500 $0 $0
2014 $371 $8,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lori Brown

    Realhome Services & Solutions

    (888) 876-3372

    2 in this area

    703 Total Sales

    Lori Brown
    Section Image
  • Nancy Moore

    Buyer's Agent in 2024

    Nancy Moore

    Crye-Leike

    (901) 277-0478

    3 in this area

    87 Total Sales

    Nancy Moore
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10171735

Memphis Area Association of REALTORS®

APN: 06-0107-0-0038

Tennessee Shelby County Memphis 38114 Southeast Memphis

1971 Murley Ave, Memphis, TN

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