NOT LISTED FOR SALE

2340 Hernando Rd Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $43,000 - $61,000

2 Beds
1 Bath
835 Sq Ft
$63/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $33,600 $40 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $290/month

Highlights

  • Traditional Architecture
  • Porch
  • Dining Room
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Wall to Wall Carpet

About This Home

As of May 2021

2 bedroom one bath home currently rented for $550 per month. There is a room that the tenant uses as a 3rd bedroom but it is not classified as such on tax rolls. Lease expires 02/2022. Rent is current at time of listing. Interior may only be viewed after accepted offer contingent upon interior inspection. This may be the investment home you have been looking for.

Last Agent to Sell the Property

Jim Pickens

Lawrence Johnson, REALTORS License #290757 Listed on: 05/11/2021

Last Buyer's Agent

Jason Hopkins

4 Success Realty, LLC License #298480

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $208

Year Built

  • Built in 1952

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Chain Link Fence
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 835 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Masons Norris Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060012 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$208

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748F
  • MAAR Subdivision Name: MASONS NORRIS AVE
  • List Price Per Sq Ft: 47
  • Number Of Stories: 1
  • Price Per Sq Ft: 40.24
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 835
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wall to Wall Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Vinyl Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Lot Number: 96
  • Acreage: 0.16
  • Lot Size: 60X120
  • Price Per Acre: 243750

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 060012 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
May 28, 2021
Sold by
Wayne Pfeffer and Wayne Jill Pfeffer
Bought by
Beaver Properties Llc
Seller's Agent
Jim Pickens
Lawrence Johnson, REALTORS
Buyer's Agent
Jason Hopkins
4 Success Realty, LLC
List Price
$39,000
Sold Price
$33,600
Premium/Discount to List
-$5,400
-13.85%
Current Estimated Value
$52,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,598
Avg. Annual Appreciation
10.48%

Purchase Details

Closed on
Jul 13, 2010
Sold by
Rio Venture Group Ii
Bought by
Peeffer Wayne and Pfeffer Jill

Purchase Details

Closed on
Oct 1, 2003
Sold by
Kerr Terry
Bought by
Rio Venture Group Ii

Purchase Details

Closed on
Jul 30, 2003
Sold by
Bankers Trust Co Of California Na
Bought by
Kerr Terry

Purchase Details

Closed on
Mar 28, 2003
Sold by
Williams Ralph
Bought by
Bankers Trust Co Of California Na

Purchase Details

Closed on
Mar 31, 1997
Sold by
Ray Delaina L
Bought by
Williams Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,300
Interest Rate
7.69%
Mortgage Type
FHA
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
Beaver Properties Llc $33,600 Quality Title Group Llc
Peeffer Wayne $35,000 Westenn Title & Escrow Servi
Rio Venture Group Ii -- --
Kerr Terry $6,900 West Tennessee Title
Bankers Trust Co Of California Na $22,725 --
Williams Ralph $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Ralph $34,300
Closed Williams Ralph $2,568
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $33,600 -13.8% $40 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $39,000 -- $47 / 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 $208 $9,275 $1,650 $7,625
2024 $208 $6,150 $700 $5,450
2023 $375 $6,150 $700 $5,450
2022 $375 $6,150 $700 $5,450
2021 $212 $6,150 $700 $5,450
2020 $431 $5,950 $700 $5,250
2019 $190 $5,950 $700 $5,250
2018 $190 $5,950 $700 $5,250
2017 $195 $5,950 $700 $5,250
2016 $247 $5,650 $0 $0
2014 $247 $5,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jim Pickens

    Lawrence Johnson, REALTORS

    Section Image

  • J

    Buyer's Agent in 2021

    Jason Hopkins

    4 Success Realty, LLC

    (901) 262-4907

    2 in this area

    16 Total Sales

    Jason Hopkins
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10099059

Memphis Area Association of REALTORS®

APN: 06-0012-0-0011

Tennessee Shelby County Memphis 38106 Southeast Memphis

2340 Hernando Rd, Memphis, TN

This home is located at 2340 Hernando Rd, Memphis, TN 38106 since 11 May 2021 and is currently estimated at $52,198, approximately $62 per square foot. This property was built in 1952. 2340 Hernando Rd is a home located in Shelby County with nearby schools including Hamilton High School, Believe Memphis Academy Charter School, and Memphis College Preparatory.

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