NOT LISTED FOR SALE

2423 Larose Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $67,000 - $96,000

3 Beds
1 Bath
100-999 Sq Ft
$81/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $30,500 $31 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $497/month

13 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Some Wood Windows
  • Wood Flooring
  • Separate Formal Living Room
  • Detached Garage

About This Home

As of September 2019

Terrific investment property, quiet street, Bethel Grove Elementary school within walking distance. Previously rented for $650.00 a month. Turn key investment ready to go! Agent related to seller. Bring all offers!

Last Agent to Sell the Property

Glenn Rice

The Carter Group LLC, REALTORS License #248786 Listed on: 09/03/2019

Last Buyer's Agent

Terry White

Advantage Property Management License #308753

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

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

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 973 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Iron Doors

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • Bethel Grove Blk 261 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047051 00014

Home Details

Home Type

Single Family

Year Built

Built in 1940

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: 33
  • Number Of Stories: 1
  • Price Per Sq Ft: 31.35
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 973
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Full Bath Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Chain Fence
  • Exterior Windows: Wood/Composition, Stone, Wood Window(s)

Garage/Parking

  • Attached Detached Parking: Detached
  • Parking Display: 0D
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 3
  • Acreage: 0.17
  • Lot Size: 50X153.5
  • Price Per Acre: 191176

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 047051 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2023
Sold by
Memphis Investment Properties Iv Llc
Bought by
Esplin John Wayne and Esplin Sandra Dee
Current Estimated Value
$80,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2023
Sold by
United Southern Bank
Bought by
Memphis Investment Properties Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2019
Closed on
Sep 30, 2019
Sold by
Rice Yvonne W and Taylor Yvonne W
Bought by
United Southern Bank and Eric H Coe Ira
Seller's Agent
Glenn Rice
The Carter Group LLC, REALTORS
Buyer's Agent
Terry White
Advantage Property Management
List Price
$32,500
Sold Price
$30,500
Premium/Discount to List
-$2,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.91%
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
Esplin John Wayne $1,144,100 Delta Title Services
Memphis Investment Properties Iv Llc $400,000 Delta Title Services
United Southern Bank $30,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Memphis Investment Properties Iv Llc $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $30,500 -6.2% $305 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $32,500 -- $325 / 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 -- $19,525 $2,450 $17,075
2024 -- $11,150 $1,125 $10,025
2023 $679 $11,150 $1,125 $10,025
2022 $679 $11,150 $1,125 $10,025
2021 $385 $11,150 $1,125 $10,025
2020 $565 $7,800 $1,125 $6,675
2019 $249 $7,800 $1,125 $6,675
2018 $249 $7,800 $1,125 $6,675
2017 $255 $7,800 $1,125 $6,675
2016 $371 $8,500 $0 $0
2014 $371 $8,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Glenn Rice

    The Carter Group LLC, REALTORS

    (901) 753-7222

    2 Total Sales

    Glenn Rice
    Section Image

  • T

    Buyer's Agent in 2019

    Terry White

    Advantage Property Management

    (901) 568-9996

    1 in this area

    37 Total Sales

    Terry White
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10061038

Memphis Area Association of REALTORS®

APN: 04-7051-0-0014

Tennessee Shelby County Memphis 38114 Southeast Memphis

2423 Larose Ave, Memphis, TN

This home is located at 2423 Larose Ave, Memphis, TN 38114 since 03 September 2019 and is currently estimated at $80,763, approximately $80 per square foot. This property was built in 1940. 2423 Larose Ave is a home located in Shelby County with nearby schools including Bethel Grove Elementary School, Sherwood Middle, and Melrose High School.

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.

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