NOT LISTED FOR SALE

2483 Malone Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $72,000 - $84,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$64/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $67,900 $57 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $429/month

Highlights

  • Wood Flooring
  • Some Wood Windows
  • Landscaped
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of May 2022

Great investment property, needs some cosmetic repairs, home is being sold AS-IS. Property is Tenants occupied so you must have property under contract be viewing the interior, tenants are on a month-to month lease seller can close in 30 days.

Last Agent to Sell the Property

James Walker

REMAX Experts License #264457 Listed on: 01/07/2022

REMAX Experts

Last Buyer's Agent

Verna Littleton

Fast Track Realty, LLC License #274344

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $350

Year Built

  • Built in 1970

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x154
  • Landscaped
  • Level Lot

Parking

  • Driveway

Home Design

  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 918 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Some Wood Windows
  • Separate Formal Living Room
  • Iron Doors
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

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

Community Details

  • Bethel Grove Blk 173 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047054 00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$350

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BETHEL GROVE
  • List Price Per Sq Ft: 82
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 918
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Washer/Dryer Connections

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition, Stone
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Landscaped
  • Lot Number: 1
  • Acreage: 0.17
  • Lot Size: 50X154

Tax Info

  • Assessor Parcel Number: 047054 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
May 25, 2022
Sold by
Roderick Robinson
Bought by
Lester Preston and Lester Zakee
Seller's Agent
James Walker
REMAX Experts
Buyer's Agent
Verna Littleton
Fast Track Realty, LLC
List Price
$79,900
Sold Price
$67,900
Premium/Discount to List
-$12,000
-15.02%
Current Estimated Value
$76,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,448
Avg. Annual Appreciation
3.48%
Original Mortgage
$50,925
Outstanding Balance
$48,378
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$27,970
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
Lester Preston $67,900 Southern Trust Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lester Preston $50,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2022 05/24/22 Sold $67,900 -9.3% $68 / Sq Ft
03/18/2022 03/18/22 Price Changed $74,900 -6.3% $75 / Sq Ft
01/07/2022 01/07/22 For Sale $79,900 -- $80 / 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 $350 $16,150 $2,450 $13,700
2024 $350 $10,325 $1,125 $9,200
2023 $629 $10,325 $1,125 $9,200
2022 $629 $10,325 $1,125 $9,200
2021 $636 $10,325 $1,125 $9,200
2020 $538 $7,425 $1,125 $6,300
2019 $237 $7,425 $1,125 $6,300
2018 $237 $7,425 $1,125 $6,300
2017 $243 $7,425 $1,125 $6,300
2016 $339 $7,750 $0 $0
2014 $339 $7,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Walker

    Seller's Agent in 2022

    James Walker

    RE/MAX

    (901) 503-8044

    1 in this area

    95 Total Sales

    James Walker
    Section Image
  • Verna Littleton

    Buyer's Agent in 2022

    Verna Littleton

    Fast Track Realty, LLC

    (901) 490-9449

    3 in this area

    97 Total Sales

    Verna Littleton
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10115328

Memphis Area Association of REALTORS®

APN: 04-7054-0-0006

Tennessee Shelby County Memphis 38114 Southeast Memphis

2483 Malone Ave, Memphis, TN

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