NOT LISTED FOR SALE

2158 Lowell Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $52,000 - $59,000

2 Beds
1 Bath
100-999 Sq Ft
$56/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $55,000 $55 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $308/month

178 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • 1-Story Property
  • Separate Formal Living Room
  • Level Lot

About This Home

As of July 2024

DRIVE BY ONLY!! DO NOT ATTEMPT TO CONTACT TENANT. CURRENTLY RENTED FOR $800 PER MONTH. SELLING AS A PACKAGE WITH 5 TOTAL PROPERTIES FOR A TOTAL PRICE OF $375,000 WITH A TOTAL INCOME OF $4,810 PER MONTH. MAY CONSIDER SELLING INDIVIDUALLY. SEE DOCUMENTS FOR 5 PROPERTY PACKAGE

Last Agent to Sell the Property

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 01/25/2024

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 01/25/2024

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $113

Year Built

  • Built in 1955

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 25x100
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 725 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Community Details

  • Magnolia Blossom Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047008 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$113

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748E
  • MAAR Subdivision Name: MAGNOLIA BLOSSOM BLK B
  • Number Of Stories: 1
  • Price Per Sq Ft: 75.86
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 725
  • Year Built: 1955
  • List Price/ Sq Ft: 81
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 24
  • Acreage: 0.05
  • Lot Size: 25X100
  • Price Per Acre: 1180000
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 047008 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Jul 26, 2024
Sold by
Pike John W
Bought by
Davis Richard and Davis Ida
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
List Price
$66,000
Sold Price
$55,000
Premium/Discount to List
-$11,000
-16.67%
Views
41
Current Estimated Value
$55,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464
Avg. Annual Appreciation
0.75%
Original Mortgage
$41,250
Outstanding Balance
$40,894
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$14,570

Purchase Details

Closed on
May 26, 2022
Sold by
Smd Real Estate Holdings General Partner
Bought by
Pike John W

Purchase Details

Closed on
Jul 8, 2015
Sold by
W J Curry Son Llc
Bought by
Waddell John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Davis Richard $55,000 Quality Title Group
Pike John W -- Holloman Frank
Waddell John $305,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Richard $41,250
Previous Owner Waddell John $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $55,000 -6.8% $550 / Sq Ft
04/24/2024 04/24/24 Price Changed $59,000 -6.3% $590 / Sq Ft
03/01/2024 03/01/24 Price Changed $63,000 -4.5% $630 / Sq Ft
01/25/2024 01/25/24 For Sale $66,000 -- $660 / 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 $113 $13,550 $1,500 $12,050
2024 $113 $3,325 $625 $2,700
2023 $203 $3,325 $625 $2,700
2022 $203 $3,325 $625 $2,700
2021 $205 $3,325 $625 $2,700
2020 $257 $3,550 $625 $2,925
2019 $113 $3,550 $625 $2,925
2018 $113 $3,550 $625 $2,925
2017 $116 $3,550 $625 $2,925
2016 $182 $4,175 $0 $0
2014 $182 $4,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmie Tapley

    Seller's Agent in 2024

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    21 in this area

    263 Total Sales

    Jimmie Tapley
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10164523

Memphis Area Association of REALTORS®

APN: 04-7008-0-0013

Tennessee Shelby County Memphis 38114 Southeast Memphis

2158 Lowell Ave, Memphis, TN

This home is located at 2158 Lowell Ave, Memphis, TN 38114 since 25 January 2024 and is currently estimated at $55,464, approximately $55 per square foot. This property was built in 1955. 2158 Lowell Ave is a home located in Shelby County with nearby schools including Melrose High School, Hanley School - Elementary, and Hanley Schoool - Middle.

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