NOT LISTED FOR SALE

2306 Devoy Ave Memphis, TN 38108

Hyde Park Neighborhood

Estimated Value: $105,000 - $115,000

2 Beds
1 Bath
100-999 Sq Ft
$110/Sq Ft Est. Value

Last Sold December 16, 2024

Last sale price $107,500 $108 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $626/month

1 Day on Market

About This Home

As of December 2024

Investment opportunity in the Shelby area. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 11/14/2024

Last Buyer's Agent

Caleb Parr

Renshaw Company, REALTORS License #340494

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 47x122

Interior Spaces

  • 100-999 Sq Ft Home
  • 895 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Joe Shankmans Palmer Hills 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 042038 00076

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: PALMER HILLS 1ST ADD
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 895
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1

Lot Info

  • Lot Number: W PT 28
  • Acreage: 0.13
  • Lot Size: 47X122
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 042038 00076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Dec 16, 2024
Sold by
Whitestone Iii Propco Cv 1 Llc
Bought by
Wang Fang Ting and Shmooely Shimon Shimron
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Caleb Parr
Renshaw Company, REALTORS
List Price
$109,000
Sold Price
$107,500
Premium/Discount to List
-$1,500
-1.38%
Views
2
Current Estimated Value
$109,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,956
Avg. Annual Appreciation
1.68%
Original Mortgage
$80,625
Outstanding Balance
$79,844
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$29,612

Purchase Details

Closed on
Dec 8, 2022
Sold by
Winfrey John Terrell
Bought by
Whitestone Real Estate Fund Iii Lp

Purchase Details

Closed on
Aug 29, 2022
Sold by
Winfrey John T
Bought by
Winfrey John Terrell and Grimes Phillip D

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 16, 2022
Sold by
Clear The Way Supportive Housing Corp
Bought by
Winfrey John Terrell
Seller's Agent
Michael McCord
Exit Realty Blues City
Buyer's Agent
James Johnson
KAIZEN Realty, LLC
List Price
$40,000
Sold Price
$25,000
Premium/Discount to List
-$15,000
-37.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.53%
Original Mortgage
$35,000
Interest Rate
4.48%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 19, 2007
Sold by
Wells Fargo Bank Na
Bought by
Mid South Homebuyers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2007
Sold by
Gordon Rae V
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2004
Sold by
Windless Willie J
Bought by
Gordon Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2002
Sold by
Page Tina
Bought by
Hud

Purchase Details

Closed on
Jul 31, 2001
Sold by
Reed Michael
Bought by
Page Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,289
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 1999
Sold by
Gradberry Shead D
Bought by
Hud

Purchase Details

Closed on
Feb 28, 1995
Bought by
Grandberry Shead D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wang Fang Ting $107,500 Foundation Title & Escrow
Wang Fang Ting $107,500 Foundation Title & Escrow
Whitestone Real Estate Fund Iii Lp $100,000 Omega Title
Winfrey John Terrell -- None Listed On Document
Winfrey John Terrell $25,000 Sure Title
Mid South Homebuyers Inc $39,000 Landcastle Title Llc
Wells Fargo Bank Na $22,896 None Available
Gordon Rae $57,000 Assured Escrow & Title
Hud $50,151 --
Page Tina $46,000 --
Page Tina $46,000 --
Hud $35,673 --
Hud $35,673 --
Grandberry Shead D $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Fang Ting $80,625
Closed Wang Fang Ting $80,625
Previous Owner Winfrey John Terrell $35,000
Previous Owner Mid South Homebuyers Inc $30,000
Previous Owner Gordon Rae $51,300
Previous Owner Page Tina $45,289
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2024 12/16/24 Sold $107,500 -1.4% $1,075 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/14/2024 11/14/24 For Sale $109,000 +336.0% $1,090 / Sq Ft
05/16/2022 05/16/22 Sold $25,000 -37.5% $28 / Sq Ft View Prior Sale
04/11/2022 04/11/22 For Sale $40,000 -- $45 / 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 $653 $29,225 $2,700 $26,525
2024 -- $19,250 $1,375 $17,875
2023 $1,173 $19,250 $1,375 $17,875
2022 $746 $12,250 $1,375 $10,875
2021 $887 $12,250 $1,375 $10,875
2020 $627 $8,650 $1,375 $7,275
2019 $276 $8,650 $1,375 $7,275
2018 $276 $8,650 $1,375 $7,275
2017 $283 $8,650 $1,375 $7,275
2016 $306 $7,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2024

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    21 in this area

    1,414 Total Sales

    Dean Harris
    Section Image
  • Caleb Parr

    Buyer's Agent in 2024

    Caleb Parr

    Renshaw Company, REALTORS

    (901) 484-0478

    17 in this area

    406 Total Sales

    Caleb Parr
    Section Image
  • Michael McCord

    Seller's Agent in 2022

    Michael McCord

    Exit Realty Blues City

    (901) 530-3565

    1 in this area

    50 Total Sales

    Michael McCord
    Section Image
  • James Johnson

    Buyer's Agent in 2022

    James Johnson

    KAIZEN Realty, LLC

    (901) 878-9250

    1 in this area

    61 Total Sales

    James Johnson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10185193

Memphis Area Association of REALTORS®

APN: 04-2038-0-0076

Tennessee Shelby County Memphis 38108 Hyde Park

2306 Devoy Ave, Memphis, TN

Not Listed for Sale

Detached

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