NOT LISTED FOR SALE

2322 Lowell Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $57,000 - $102,817

4 Beds
2 Baths
1,600-1,799 Sq Ft
$41/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $53,000 $29 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $449/month

126 Days on Market

Highlights

  • Two Primary Bathrooms
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Some Wood Windows

About This Home

As of February 2024

Split level with all bathrooms down. Hardwood floors. Detached garage. Tenants rights. DO NOT DISTURB TENANTS. Viewing scheduled with accepted offer. Call listing agent for details. Bring your investors!

Last Agent to Sell the Property

Miki Brewer

McWaters & Associates License #330550 Listed on: 09/28/2023

Last Buyer's Agent

Duane Kinnard

Tri-Leake Realty License #335044

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $603

Year Built

  • Built in 1930

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x163
  • Few Trees

Home Design

  • Traditional Architecture
  • Split Level Home
  • Vinyl Siding

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,742 Sq Ft Home
  • 1.2-Story Property
  • Decorative Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Iron Doors
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Two Primary Bathrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Front Facing Garage

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Norris Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047027 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$603

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Split Level
  • Detached Unit Type: General Residential
  • MLS Map #: 757E
  • MAAR Subdivision Name: BETHEL GROVE
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 30.42
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1742
  • Year Built: 1930
  • List Price/ Sq Ft: 30
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, 2 Full Primary Baths
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 2
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Decorative Only
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, W/D Connection in Kitchen
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch
  • Exterior Windows: Wood/Composition, Vinyl Siding

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 20
  • Acreage: 0.18
  • Lot Size: 50X163
  • Price Per Acre: 294444

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 047027 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Mar 5, 2024
Sold by
Yai Real Estate Llc
Bought by
Memphis Re 3 Llc
Seller's Agent
Miki Brewer
McWaters & Associates
Buyer's Agent
Duane Kinnard
Tri-Leake Realty
List Price
$100,000
Sold Price
$53,000
Premium/Discount to List
-$47,000
-47%
Views
224
Current Estimated Value
$73,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,204
Avg. Annual Appreciation
24.93%

Purchase Details

Listed on
Sep 28, 2023
Closed on
Feb 8, 2024
Sold by
Rkv Real Estate Llc
Bought by
Yai Real Estate Llc
Seller's Agent
Miki Brewer
McWaters & Associates
Buyer's Agent
Duane Kinnard
Tri-Leake Realty
List Price
$100,000
Sold Price
$53,000
Premium/Discount to List
-$47,000
-47%
Views
224

Purchase Details

Closed on
Oct 30, 2013
Sold by
Pakaru Property Llc
Bought by
Rkv Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 9, 2012
Closed on
Nov 15, 2012
Sold by
Jpmorgan Chase Bank Na
Bought by
Pakaru Property Llc
Seller's Agent
Robert Stone
Real Estate Professionals, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$13,860
Sold Price
$16,000
Premium/Discount to List
$2,140
15.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%
Original Mortgage
$20,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2012
Sold by
Brown Gilmore
Bought by
Jpmorgan Chase Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.45%
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
Memphis Re 3 Llc $73,000 Advocate Title & Escrow Servic
Yai Real Estate Llc $60,000 None Listed On Document
Rkv Real Estate Llc $203,500 None Available
Pakaru Property Llc $16,000 None Available
Jpmorgan Chase Bank National Association $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rkv Real Estate Llc $114,000
Previous Owner Pakaru Property Llc $20,000
Previous Owner Mcintosh Zennie $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $53,000 -33.8% $33 / Sq Ft
10/26/2023 10/26/23 Price Changed $80,000 -11.1% $50 / Sq Ft
10/16/2023 10/16/23 Price Changed $90,000 -10.0% $56 / Sq Ft
10/04/2023 10/04/23 For Sale $100,000 +88.7% $63 / Sq Ft
10/03/2023 10/03/23 Off Market $53,000 -- --
10/03/2023 10/03/23 Price Changed $100,000 +42.9% $63 / Sq Ft
09/28/2023 09/28/23 For Sale $70,000 +337.5% $44 / Sq Ft
11/28/2012 11/28/12 Sold $16,000 +15.4% $10 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
10/09/2012 10/09/12 For Sale $13,860 -- $9 / 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 $603 $31,175 $2,450 $28,725
2024 $603 $17,775 $1,125 $16,650
2023 $1,083 $17,775 $1,125 $16,650
2022 $1,083 $17,775 $1,125 $16,650
2021 $1,095 $17,775 $1,125 $16,650
2020 $888 $12,250 $1,125 $11,125
2019 $888 $12,250 $1,125 $11,125
2018 $888 $12,250 $1,125 $11,125
2017 $503 $12,250 $1,125 $11,125
2016 $542 $12,400 $0 $0
2014 $542 $12,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Miki Brewer

    McWaters & Associates

    Section Image

  • D

    Buyer's Agent in 2024

    Duane Kinnard

    Tri-Leake Realty

    (901) 323-1246

    10 in this area

    131 Total Sales

    Section Image

  • R

    Seller's Agent in 2012

    Robert Stone

    Real Estate Professionals, LLC

    Section Image

  • N

    Buyer's Agent in 2012

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10157776

Memphis Area Association of REALTORS®

APN: 04-7027-0-0022

Tennessee Shelby County Memphis 38114 Southeast Memphis

2322 Lowell Ave, Memphis, TN

This home is located at 2322 Lowell Ave, Memphis, TN 38114 since 28 September 2023 and is currently estimated at $73,204, approximately $40 per square foot. This property was built in 1930. 2322 Lowell Ave is a home located in Shelby County with nearby schools including Bethel Grove Elementary School, Sherwood Middle, and Melrose High School.

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