NOT LISTED FOR SALE

2254 S Main St Memphis, TN 38109

South Memphis Neighborhood

Estimated Value: $34,000 - $77,000

2 Beds
1 Bath
1,000 Sq Ft
$55/Sq Ft Est. Value

Last Sold September 17, 2015

Last sale price $4,000 $4 Per Sq Ft

Est. 1,511% increase in value since last sale

Current estimated payment $368/month

100 Days on Market

Highlights

  • Separate Formal Living Room
  • Porch
  • Partially Carpeted
  • Some Wood Windows
  • Storage Room
  • 1-Story Property

About This Home

As of September 2015

Great opportunity for investor looking to rehab; property being sold as-is; has been vandalized but has potential at this price. Source of funds required with all offers.

Last Agent to Sell the Property

Barry Less

Leco Realty, Inc. License #281548 Listed on: 05/27/2015

Last Buyer's Agent

Francisca Madden

First National Realty, REALTOR License #279786

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $176

Year Built

  • Built in 1964

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Few Trees

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Storage Room

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Porch

Community Details

  • New South Memphis Blk 7 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050075 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$176

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 747C
  • MAAR Subdivision Name: NEW SOUTH MEMPHIS BLK 7
  • List Price Per Sq Ft: 4
  • Number Of Stories: 1
  • Price Per Sq Ft: 4
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1000
  • Year Built: 1964
  • 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: Part Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, Storage Room(s)

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 14
  • Acreage: 0.17
  • Lot Size: 50 X 150
  • Price Per Acre: 26471

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 050075 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Sep 24, 2015
Sold by
The Bank Of New York Mellon
Bought by
Godinez Trejo Edmundo and Alvarez Villeda Elizabeth
Seller's Agent
Barry Less
Leco Realty, Inc.
Buyer's Agent
Francisca Madden
First National Realty, REALTOR
List Price
$4,500
Sold Price
$4,000
Premium/Discount to List
-$500
-11.11%
Current Estimated Value
$64,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,453
Avg. Annual Appreciation
32.70%

Purchase Details

Closed on
May 11, 2015
Sold by
Jones Wayne
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Aug 20, 2004
Sold by
Jones Gregory A
Bought by
Jones Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,275
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 17, 2001
Sold by
Tennessee Housing Development Agency
Bought by
Hud

Purchase Details

Closed on
Mar 1, 2001
Sold by
Brown Wilborn
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
May 11, 1998
Sold by
Brown Frank
Bought by
Elliott Willie Lee
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
Godinez Trejo Edmundo $4,000 Attorney
The Bank Of New York Mellon $9,500 None Available
Jones Wayne $44,500 Chicago Title Insurance Co
Hud $21,944 --
Tennessee Housing Development Agency $21,944 --
Elliott Willie Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Wayne $42,275
Closed Jones Wayne $2,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2015 09/17/15 Sold $4,000 -11.1% $4 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $4,500 -- $5 / 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 $176 $9,375 $1,250 $8,125
2024 $176 $5,200 $1,000 $4,200
2023 $317 $5,200 $1,000 $4,200
2022 $317 $5,200 $1,000 $4,200
2021 $320 $5,200 $1,000 $4,200
2020 $344 $4,750 $1,000 $3,750
2019 $344 $4,750 $1,000 $3,750
2018 $344 $4,750 $1,000 $3,750
2017 $195 $4,750 $1,000 $3,750
2016 $276 $6,325 $0 $0
2014 $276 $6,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barry Less

    Seller's Agent in 2015

    Barry Less

    Leco Realty, Inc.

    (901) 461-0046

    2 in this area

    151 Total Sales

    Section Image

  • F

    Buyer's Agent in 2015

    Francisca Madden

    First National Realty, REALTOR

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9952995

Memphis Area Association of REALTORS®

APN: 05-0075-0-0021

Tennessee Shelby County Memphis 38109 South Memphis

2254 S Main St, Memphis, TN

This home is located at 2254 S Main St, Memphis, TN 38109 since 27 May 2015 and is currently estimated at $54,799, approximately $54 per square foot. This property was built in 1964. 2254 S Main St is a home located in Shelby County with nearby schools including Riverview Middle School, Hamilton High School, and Memphis Scholars Florida Kansas.

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