NOT LISTED FOR SALE

2416 Malone Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $64,012 - $103,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$61/Sq Ft Est. Value

Sale Details

Date Sold: October 9, 2019

Last sale price $63,900 $46 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $508 / mo

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of October 2019

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $695 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 08/09/2019

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 153.5
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,252 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Bethel Grove Blk 157 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047060 00028

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BETHEL GROVE
  • List Price Per Sq Ft: 51
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1252
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 2
  • Acreage: 0.17
  • Lot Size: 50 X 153.5

Tax Info

  • Assessor Parcel Number: 047060 00028

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Oct 3, 2019
Sold by
Memphis Investment Properties Llc
Bought by
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$63,900
Sold Price
$63,900
Current Estimated Value
$85,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,853
Avg. Annual Appreciation
4.37%
Original Mortgage
$51,120
Outstanding Balance
$43,781
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$41,972

Purchase Details

Closed on
Oct 18, 2006
Sold by
Mcconnell Dave
Bought by
Memphis Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 1996
Sold by
Westbrook Fannie G
Bought by
Thompson Raymond and Thompson Wilma J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Southeast Memphis, TN

  • Brenda Allen Real Estate Agent - Leaving A Legacy Realty, LLC

    Brenda Allen

    Leaving A Legacy Realty, LLC

    (901) 763-6215

    41 Total Sales

    4 in Southeast Memphis

    $31K - $65K Price Range

    Brenda Allen
     Section Image
  • Charlene Bailey Real Estate Agent - Bespoke Realty

    Charlene Bailey

    Bespoke Realty

    (901) 519-2640

    68 Total Sales

    1 in Southeast Memphis

    $65,000 Price

    Charlene Bailey
     Section Image
  • Rasheedah Jones Real Estate Agent - Dreamteam Realty Co

    Rasheedah Jones

    Responds Quickly

    Dreamteam Realty Co

    (901) 509-9429

    39 Total Sales

    4 in Southeast Memphis

    $40K - $150K Price Range

    Rasheedah Jones
     Section Image
  • Beverly Hyter Real Estate Agent - KAIZEN Realty, LLC

    Beverly Hyter

    KAIZEN Realty, LLC

    (901) 422-8781

    80 Total Sales

    1 in Southeast Memphis

    $100,100 Price

    Beverly Hyter
     Section Image
  • Chasity Blackburn Real Estate Agent - Blackburn & Co

    Chasity Blackburn

    Blackburn & Co

    (930) 212-2596

    82 Total Sales

    1 in Southeast Memphis

    $96,000 Price

    Chasity Blackburn
     Section Image
  • Juan Casem Real Estate Agent - Crye-Leike

    Juan Casem

    Crye-Leike

    (901) 979-1402

    116 Total Sales

    1 in Southeast Memphis

    $49,900 Price

    Juan Casem
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$63,900 Delta Title Services Llc
Memphis Investment Properties Llc $23,702 Tam Title & Escrow Llc
Thompson Raymond -- --
Thompson Raymond -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $51,120
Previous Owner Memphis Investment Properties Llc $35,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/09/2019 10/09/19 Sold $63,900 0.0% $53 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $63,900 -- $53 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $443 $16,450 $2,450 $14,000
2024 $426 $12,575 $1,125 $11,450
2023 $766 $12,575 $1,125 $11,450
2022 $766 $12,575 $1,125 $11,450
2021 $434 $12,575 $1,125 $11,450
2020 $638 $8,800 $1,125 $7,675
2019 $281 $8,800 $1,125 $7,675
2018 $281 $8,800 $1,125 $7,675
2017 $288 $8,800 $1,125 $7,675
2016 $389 $8,900 $0 $0
2014 $389 $8,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy Real Estate Agent - Reedy & Company, REALTORS

    Seller's Agent in 2019

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    7 in this area

    217 Total Sales

    Jim Reedy
    Section Image

  • BR

    Buyer's Agent in 2019

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    7 in this area

    228 Total Sales

    Bradley Reedy
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10059381

Memphis Area Association of REALTORS®

APN: 04-7060-0-0028

Tennessee Shelby County Memphis 38114 Southeast Memphis

2416 Malone Ave, Memphis, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.