NOT LISTED FOR SALE

2391 Lowell Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $94,000 - $105,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$82/Sq Ft Est. Value

Last Sold December 04, 2015

Last sale price $45,000 $38 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $582/month

88 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Window or Skylight in Bathroom
  • Living Room with Fireplace
  • Attic
  • Den

About This Home

As of December 2015

Nice Renovation in good stable community. New flooring, new roof, updated kitchen and bath, updated electrical system and plumbing system, new HVAC system, and wired storage building. Come see and make an offer. Seller Motivated!!!

Last Agent to Sell the Property

Mike Saine

Braden, Braden & Braden LLC License #293467 Listed on: 08/01/2015

Last Buyer's Agent

Douglas Bentley

Good Shepherds Realty & Invest License #253489

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x153.5
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,065 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Storage Room
  • Pull Down Stairs to Attic
  • Updated Kitchen

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Storm Windows
  • Iron Doors

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

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

Community Details

  • Bethel Grove Blk 300 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047045 00005

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 757E
  • MAAR Subdivision Name: BETHEL GROVE
  • List Price Per Sq Ft: 45
  • Number Of Stories: 1
  • Price Per Sq Ft: 42.25
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1065
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom, Sky Light(s) in Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs
  • Other Rooms: Laundry Room, Attic
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Porch
  • Exterior Windows: Aluminum/Steel Siding, Storm Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Description: Level, Chain Fenced
  • Lot Number: 3
  • Acreage: 0.17
  • Lot Size: 50X153.5
  • Price Per Acre: 284412

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 047045 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2015
Closed on
Dec 4, 2015
Sold by
Mormon Keith R and Mcvey Angie L
Bought by
Sanders Eldrick L
Seller's Agent
Mike Saine
Braden, Braden & Braden LLC
Buyer's Agent
Douglas Bentley
Good Shepherds Realty & Invest
List Price
$48,350
Sold Price
$45,000
Premium/Discount to List
-$3,350
-6.93%
Current Estimated Value
$98,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,503
Avg. Annual Appreciation
8.39%
Original Mortgage
$42,750
Outstanding Balance
$34,216
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$64,293

Purchase Details

Closed on
Dec 30, 2014
Sold by
Williams Dexter Ladonta
Bought by
Morman Keith R and Mcvey Angie L

Purchase Details

Closed on
Oct 9, 2014
Sold by
County Of Shelby
Bought by
Williams Dexter Ladonta
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
Sanders Eldrick L $45,000 Preferred Title & Escrow Llc
Morman Keith R -- None Available
Williams Dexter Ladonta $5,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Eldrick L $42,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2015 12/04/15 Sold $45,000 -6.9% $45 / Sq Ft
10/28/2015 10/28/15 Pending -- -- --
08/01/2015 08/01/15 For Sale $48,350 -- $48 / 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 -- $23,100 $2,450 $20,650
2024 $546 $16,100 $1,125 $14,975
2023 $981 $16,100 $1,125 $14,975
2022 $981 $16,100 $1,125 $14,975
2021 $992 $16,100 $1,125 $14,975
2020 $821 $11,325 $1,125 $10,200
2019 $821 $11,325 $1,125 $10,200
2018 $821 $11,325 $1,125 $10,200
2017 $465 $11,325 $1,125 $10,200
2016 $399 $9,125 $0 $0
2014 $25 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Saine

    Seller's Agent in 2015

    Mike Saine

    Braden, Braden & Braden LLC

    (901) 331-2240

    22 Total Sales

    Mike Saine
    Section Image

  • D

    Buyer's Agent in 2015

    Douglas Bentley

    Good Shepherds Realty & Invest

    (901) 690-3559

    13 Total Sales

    Douglas Bentley
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9961676

Memphis Area Association of REALTORS®

APN: 04-7045-0-0005

Tennessee Shelby County Memphis 38114 Southeast Memphis

2391 Lowell Ave, Memphis, TN

This home is located at 2391 Lowell Ave, Memphis, TN 38114 since 01 August 2015 and is currently estimated at $98,503, approximately $82 per square foot. This property was built in 1942. 2391 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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