NOT LISTED FOR SALE

2148 Farmer Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $68,000 - $86,000

2 Beds
1 Bath
813 Sq Ft
$94/Sq Ft Est. Value

Last Sold February 18, 2015

Last sale price $2,500 $3 Per Sq Ft

Est. 2,970% increase in value since last sale

Current estimated payment $435/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Porch
  • Wood Flooring
  • Some Wood Windows
  • Outdoor Storage

About This Home

As of February 2015

AS-IS off South Parkway and Lamar. Quiet cull de sac perfect for repair and rental.

Last Agent to Sell the Property

Rob Stone

Real Estate Professionals, LLC License #221677 Listed on: 09/11/2014

Last Buyer's Agent

Joe King

Marathon REALTORS, LLC License #291170

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $385

Year Built

  • Built in 1945

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 813 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Heating System Uses Gas

Community Details

  • Magnolia Blossom Blk I Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047018 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$385

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MAGNOLIA BLOSSOM BLK I
  • List Price Per Sq Ft: 3
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 813
  • Year Built: 1945
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Storage Building, Porch
  • Exterior Windows: Wood/Composition, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Gas
  • Water Sewer: Public Water

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 26and27
  • Acreage: 0.11
  • Lot Size: 50 X 100

Tax Info

  • Assessor Parcel Number: 047018 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2021
Sold by
Diaz Brandon
Bought by
Lilley Marrhew T
Current Estimated Value
$76,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Outstanding Balance
$50,927
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$25,829

Purchase Details

Closed on
Jan 8, 2021
Sold by
Rumolo Paul
Bought by
Diaz Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2019
Sold by
Williams Brandon
Bought by
Rumolo Paul

Purchase Details

Closed on
Aug 8, 2018
Sold by
Mccreight Erskine
Bought by
Williams Brandon

Purchase Details

Listed on
Sep 11, 2014
Closed on
Jan 26, 2015
Sold by
Fannie Mae
Bought by
Mcgreight Erskine
Seller's Agent
Rob Stone
Real Estate Professionals, LLC
Buyer's Agent
Joe King
Marathon REALTORS, LLC
List Price
$6,000
Sold Price
$2,500
Premium/Discount to List
-$3,500
-58.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.72%

Purchase Details

Closed on
Aug 14, 2014
Sold by
Stewart Earl R and Glover Lee A
Bought by
Federal National Mortgage Association
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
Lilley Marrhew T $75,000 None Available
Diaz Brandon $14,000 None Available
Rumolo Paul $7,000 Nexus Title & Escrow Llc
Williams Brandon $2,500 L&C Title Llc
Mcgreight Erskine $2,500 Us Title
Federal National Mortgage Association $6,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lilley Marrhew T $56,250
Previous Owner Diaz Brandon $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2015 02/18/15 Sold $2,500 -58.3% $3 / Sq Ft
12/27/2014 12/27/14 Pending -- -- --
09/11/2014 09/11/14 For Sale $6,000 -- $7 / 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 $385 $19,475 $1,500 $17,975
2024 $385 $11,350 $625 $10,725
2023 $691 $11,350 $625 $10,725
2022 $691 $11,350 $625 $10,725
2021 $73 $2,675 $625 $2,050
2020 $163 $2,250 $625 $1,625
2019 $72 $2,250 $625 $1,625
2018 $72 $2,250 $625 $1,625
2017 $74 $2,250 $625 $1,625
2016 $121 $2,775 $0 $0
2014 $121 $2,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Rob Stone

    Real Estate Professionals, LLC

    Section Image

  • J

    Buyer's Agent in 2015

    Joe King

    Marathon REALTORS, LLC

    (901) 260-3141

    1 in this area

    86 Total Sales

    Joe King
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9935983

Memphis Area Association of REALTORS®

APN: 04-7018-0-0015

Tennessee Shelby County Memphis 38114 Southeast Memphis

2148 Farmer Ave, Memphis, TN

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