NOT LISTED FOR SALE

1978 Southern Ave Memphis, TN 38114

Cooper-Young Neighborhood

Estimated Value: $138,000 - $161,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $155,000 $111 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $905/month

54 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Porch
  • Traditional Architecture
  • Separate Formal Living Room
  • Attached Garage

About This Home

As of October 2023

Sweet, cozy, cheerful 3 bdrm/1.5 ba house in dynamic Cooper Young. Heart pine hdwd flrs, central heat & air, sunny fncd backyard, fr porch, laundry rm, all new 1/2 bath, renov'd full bathroom, off street parking. Newer roof, windows & alarm system, attic insulated, ceiling fans. Appliances stay. VERY affordable. Short walk to all restaurants & shopping. Must see!

Last Agent to Sell the Property

Brenda Gibney

901 Real Estate Services License #280511 Listed on: 07/06/2023

Last Buyer's Agent

Brenda Gibney

901 Real Estate Services License #280511 Listed on: 07/06/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $965

Year Built

  • Built in 1922

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x92
  • Wood Fence
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,206 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Separate Formal Living Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Window Bars
  • Monitored
  • Iron Doors

Parking

  • Attached Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Porch
  • The property is located in a historic district

Community Details

  • Voluntary home owners association
  • Mclaughlin Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031115 00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$965

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Rembert
  • MLS Map #: 746K
  • MAAR Subdivision Name: COOPER YOUNG
  • Historic District: Cooper-Young HC
  • Number Of Stories: 1
  • Price Per Sq Ft: 128.52
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1206
  • Year Built: 1922
  • List Price/ Sq Ft: 137
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Pantry
  • Misc Interior: Excl Some Window Treatmnt, Security System, Monitored Alarm
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Tile Floor, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Historic District, Wood Fence, Chain Fence, Sidewalks
  • Exterior Windows: Vinyl Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Parking Display: 0A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Monitored Alarm System, Iron Door(s), Window Guard(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Level, Wood Fenced, Chain Fenced
  • Lot Number: N PT212
  • Acreage: 0.1
  • Lot Size: 50X92
  • Price Per Acre: 1650000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 031115 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Oct 11, 2023
Sold by
Trout Alicja
Bought by
Allen Nancy Caroline
Seller's Agent
Brenda Gibney
901 Real Estate Services
Buyer's Agent
Brenda Gibney
901 Real Estate Services
List Price
$175,000
Sold Price
$155,000
Premium/Discount to List
-$20,000
-11.43%
Views
96
Current Estimated Value
$151,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,499
Avg. Annual Appreciation
1.97%
Original Mortgage
$15,000
Interest Rate
7.12%

Purchase Details

Listed on
Dec 16, 2018
Closed on
Feb 15, 2019
Sold by
Peak Properties Llc
Bought by
Trout Alicja
Seller's Agent
Timothy Hayes
4 Success Realty, LLC
Buyer's Agent
Brenda Gibney
901 Real Estate Services
List Price
$69,000
Sold Price
$54,200
Premium/Discount to List
-$14,800
-21.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.35%

Purchase Details

Closed on
Oct 16, 2015
Sold by
Lewis Taylor
Bought by
Peak Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2015
Sold by
Clarke Owen and Clarke Rebecca
Bought by
Lewis Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2013
Sold by
U S A Property Turn Key Solutions Llc and Usa Property Turn Key Solutions Llc
Bought by
Clarke Rebecca and Clarke Owen

Purchase Details

Closed on
Dec 7, 2012
Sold by
Leigh Eltra
Bought by
Usa Property Turn Key Solution Llc

Purchase Details

Listed on
Apr 5, 2012
Closed on
Oct 1, 2012
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Leigh Eltra
Seller's Agent
Rae Ann Stimpson
The Carter Group LLC, REALTORS
Buyer's Agent
Linda Woods Bell
KAIZEN Realty, LLC
List Price
$20,000
Sold Price
$11,500
Premium/Discount to List
-$8,500
-42.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.69%
Original Mortgage
$13,000
Interest Rate
3.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 13, 2009
Sold by
Maxwell Leland
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 1, 2008
Sold by
Holloway Shondra Lashelle
Bought by
Maxwell Lelland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,837
Interest Rate
6.03%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 2008
Sold by
The Bank Of New York
Bought by
Holloway Shondra Lashelle

Purchase Details

Closed on
Oct 24, 2007
Sold by
Federal National Mortgage Association
Bought by
The Bank Of New York and Jp Morgan Chase Bank Na

Purchase Details

Closed on
May 22, 2007
Sold by
Johnson Demetria
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 2, 2006
Sold by
Becton Barbara
Bought by
Johnson Demetria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 20, 2005
Sold by
Wells Fargo Bank Na
Bought by
Becton Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,750
Interest Rate
6.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 30, 2005
Sold by
Wooten Terrance
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 19, 2004
Sold by
Joiner Benjamin and Joiner Odessie
Bought by
Wooten Terrance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
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
Allen Nancy Caroline $155,000 None Listed On Document
Trout Alicja $54,200 Mid South Title Services Llc
Peak Properties Llc $27,000 Coventry Escrow & Title Co
Lewis Taylor $5,500 Coventry Escrow & Title Co L
Clarke Rebecca -- --
Usa Property Turn Key Solution Llc $26,000 Nexus Title And Escrow Llc
Leigh Eltra $11,500 None Available
Secretary Of Housing & Urban Development $150,585 None Available
Maxwell Lelland $140,000 Richmond Title Services
Holloway Shondra Lashelle $43,000 Associates Closing & Title H
The Bank Of New York -- None Available
Federal National Mortgage Association $52,200 None Available
Johnson Demetria $120,000 Assured Escrow & Title
Becton Barbara $55,000 Assured Escrow & Title
Wells Fargo Bank Na $73,000 --
Wooten Terrance $95,000 Equity Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Allen Nancy Caroline $15,000
Open Allen Nancy Caroline $150,233
Previous Owner Peak Properties Llc $46,000
Previous Owner Leigh Eltra $13,000
Previous Owner Maxwell Lelland $137,837
Previous Owner Johnson Demetria $108,000
Previous Owner Becton Barbara $46,750
Previous Owner Wooten Terrance $80,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $155,000 -6.1% $129 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/05/2023 08/05/23 Price Changed $165,000 -5.7% $138 / Sq Ft
07/06/2023 07/06/23 For Sale $175,000 +222.9% $146 / Sq Ft
02/15/2019 02/15/19 Sold $54,200 -9.5% $45 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
01/29/2019 01/29/19 Price Changed $59,900 +3.5% $50 / Sq Ft
01/29/2019 01/29/19 Price Changed $57,900 -3.3% $48 / Sq Ft
01/21/2019 01/21/19 Price Changed $59,900 -6.4% $50 / Sq Ft
01/10/2019 01/10/19 Price Changed $64,000 -7.2% $53 / Sq Ft
12/16/2018 12/16/18 For Sale $69,000 +500.0% $58 / Sq Ft
10/04/2012 10/04/12 Sold $11,500 -42.5% $12 / Sq Ft
08/16/2012 08/16/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $20,000 -- $20 / 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 $965 $40,625 $12,175 $28,450
2024 -- $28,475 $10,275 $18,200
2023 $1,735 $28,475 $10,275 $18,200
2022 $1,735 $28,475 $10,275 $18,200
2021 $982 $28,475 $10,275 $18,200
2020 $1,781 $24,575 $9,250 $15,325
2019 $906 $28,350 $9,250 $19,100
2018 $906 $28,350 $9,250 $19,100
2017 $927 $28,350 $9,250 $19,100
2016 $1,135 $25,975 $0 $0
2014 $1,135 $25,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brenda Gibney

    901 Real Estate Services

    (901) 399-8500

    3 in this area

    15 Total Sales

    Brenda Gibney
    Section Image

  • T

    Seller's Agent in 2019

    Timothy Hayes

    4 Success Realty, LLC

    (901) 683-8229

    1 Total Sale

    Timothy Hayes
    Section Image

  • R

    Seller's Agent in 2012

    Rae Ann Stimpson

    The Carter Group LLC, REALTORS

    (901) 826-7158

    97 Total Sales

    Rae Ann Stimpson
    Section Image

  • P

    Seller Co-Listing Agent in 2012

    Pat Brown

    The Carter Group LLC, REALTORS

  • Linda Woods Bell

    Buyer's Agent in 2012

    Linda Woods Bell

    KAIZEN Realty, LLC

    (901) 340-8024

    2 in this area

    119 Total Sales

    Linda Woods Bell
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10151691

Memphis Area Association of REALTORS®

APN: 03-1115-0-0026

Tennessee Shelby County Memphis 38114 Cooper-Young

1978 Southern Ave, Memphis, TN

This home is located at 1978 Southern Ave, Memphis, TN 38114 since 06 July 2023 and is currently estimated at $151,501, approximately $108 per square foot. This property was built in 1922. 1978 Southern Ave is a home located in Shelby County with nearby schools including Peabody Elementary School, Central High School, and Hanley School - Elementary.

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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