NOT LISTED FOR SALE

248 N Mclean Blvd Memphis, TN 38112

Midtown Memphis Neighborhood

Estimated Value: $390,000 - $523,000

3 Beds
2 Baths
3,909 Sq Ft
$115/Sq Ft Est. Value

Last Sold April 24, 2017

Last sale price $305,000 $78 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,751/month

238 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Some Wood Windows
  • Traditional Architecture
  • 2 Fireplaces
  • 3 Car Detached Garage

About This Home

As of April 2017

Charming brick duplex in the heart of midtown. Each unit features 3br/2ba. Spacious rooms. Beautiful hardwood floors. Downstairs features French doors leading to fenced back yard with patio. Upstairs unit has cozy balcony. Three covered parking spaces behind automatic gate.

Last Agent to Sell the Property

Linda Sowell

Sowell, Realtors License #50660 Listed on: 07/22/2016

Last Buyer's Agent

Kathleen McCourt

Sowell, Realtors License #326984

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,720

Year Built

  • Built in 1950

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 60 x 185.46
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,909 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Some Wood Windows

Kitchen

  • Built-In Range
  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Parking

  • 3 Car Detached Garage
  • Carport
  • Front Facing Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Patio
  • The property is located in a historic district

Community Details

  • Mcgrath Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020077 00041

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,720

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MLS Map #: 744H
  • MAAR Subdivision Name: EVERGREEN
  • Freestanding: Yes
  • List Price Per Sq Ft: 82
  • Number Of Stories: 2
  • Price Per Sq Ft: 78.03
  • Estimated Sq Ft: 3909
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Number Of Fireplaces: 2
  • Appliances Equipment: Refrigerator, Range/Oven (Built-In), Range/Oven (Freestanding), Cooktop/Wall Oven, Dishwasher, Microwave
  • Estimated Entire Duplex Sq Ft: 3000-3199

Exterior Features

  • Misc Exterior: Patio, Historic District
  • Exterior Windows: Brick Veneer, Wood Window(s)

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 3
  • Parking Display: C3D
  • Parking: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Gas

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 1
  • Acreage: 0.25
  • Lot Size: 60 X 185.46
  • Price Per Acre: 1276000

Tax Info

  • Assessor Parcel Number: 020077 00041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Apr 23, 2017
Sold by
Karnes Stephen B and Karnes Jennifer
Bought by
Mccourt Kathleen A
Seller's Agent
Linda Sowell
Sowell, Realtors
Buyer's Agent
Kathleen McCourt
Sowell, Realtors
List Price
$329,000
Sold Price
$305,000
Premium/Discount to List
-$24,000
-7.29%
Current Estimated Value
$463,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,339
Avg. Annual Appreciation
4.34%
Original Mortgage
$277,931
Outstanding Balance
$234,007
Interest Rate
4.3%
Mortgage Type
VA
Estimated Equity
$200,325

Purchase Details

Closed on
Apr 8, 2011
Sold by
The Secretary Of Veterans Affairs
Bought by
Karnes Stephen B and Karnes Jennifer H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,205
Interest Rate
4.71%
Mortgage Type
VA

Purchase Details

Closed on
Dec 10, 2010
Sold by
Bayer Brett B
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Feb 22, 2007
Sold by
Jones Robert M and Jones Elizabeth H
Bought by
Bayer Brett B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,772
Interest Rate
6.16%
Mortgage Type
VA

Purchase Details

Closed on
Apr 27, 2006
Sold by
Collom Wanda G
Bought by
Jones Ii Robert M and Jones Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2004
Sold by
Steiner Carole E
Bought by
Collom Wanda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 1998
Sold by
Gang Gregory K and Gang Christine A
Bought by
Steiner James M and Steiner Carole E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
6.95%
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
Mccourt Kathleen A $305,000 None Available
Karnes Stephen B $173,900 None Available
Karnes Stephen B $173,900 None Available
The Secretary Of Veterans Affairs $236,189 None Available
Bayer Brett B $315,000 Realty Title
Jones Ii Robert M $315,000 Tri State Title & Escrow
Collom Wanda G $305,000 Realty Title
Steiner James M $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccourt Kathleen A $277,931
Previous Owner Karnes Stephen B $45,000
Previous Owner Karnes Stephen B $165,205
Previous Owner Bayer Brett B $321,772
Previous Owner Jones Ii Robert M $256,000
Previous Owner Collom Wanda G $220,000
Previous Owner Steiner James M $175,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2017 04/24/17 Sold $305,000 -7.3% $78 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
07/22/2016 07/22/16 For Sale $329,000 -- $84 / 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 $2,720 $126,200 $20,850 $105,350
2024 $2,720 $80,250 $14,250 $66,000
2023 $4,889 $80,250 $14,250 $66,000
2022 $4,889 $80,250 $14,250 $66,000
2021 $4,946 $80,250 $14,250 $66,000
2020 $5,293 $73,050 $14,250 $58,800
2019 $5,293 $73,050 $14,250 $58,800
2018 $5,293 $73,050 $14,250 $58,800
2017 $4,804 $116,880 $22,800 $94,080
2016 $4,786 $109,520 $0 $0
2014 $4,786 $109,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Sowell

    Seller's Agent in 2017

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    27 in this area

    210 Total Sales

    Section Image

  • K

    Buyer's Agent in 2017

    Kathleen McCourt

    Sowell, Realtors

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9982552

Memphis Area Association of REALTORS®

APN: 02-0077-0-0041

Tennessee Shelby County Memphis 38112 Midtown Memphis

248 N Mclean Blvd, Memphis, TN

This home is located at 248 N Mclean Blvd, Memphis, TN 38112 since 22 July 2016 and is currently estimated at $450,833, approximately $115 per square foot. This property was built in 1950. 248 N Mclean Blvd is a home located in Shelby County with nearby schools including Snowden School, Central High School, and Memphis Academy of Science Engineering Middle/High School.

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