NOT LISTED FOR SALE

2485 Yale Ave Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $134,000 - $390,000

4 Beds
2 Baths
2,000-2,199 Sq Ft
$100/Sq Ft Est. Value

Sale Details

Date Sold: March 6, 2018

Last sale price $85,000 $39 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,247 / mo

22 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Porch
  • Wood Flooring
  • Some Wood Windows
  • Brick Veneer

About This Home

As of March 2018

Midtown charm, a short walk from the Broad Avenue Arts District. Spacious 4 bedrooms, 2 full bath house, plus a bonus room for an office or playroom. Tons of natural light! First you'll notice the welcoming front porch, perfect for relaxing with a good book or good friends. Inside, check out the large kitchen with a walk-in pantry and the dining room with built in cabinets and counter for serving guests. Walk-in attic upstairs for extra storage! Fenced-in back yard. House being sold "As Is."

Last Agent to Sell the Property

Scott Hopkins

Keller Williams License #329590 Listed on: 01/16/2018

Keller Williams

Last Buyer's Agent

Jeffrey Howard

Bluff City Realty Group, LLC License #326750

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1917

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,066 Sq Ft Home
  • 2-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring
  • Iron Doors
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System

Community Details

  • Binghamton Blk 25 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 033014 00006

Home Details

Home Type

Single Family

Year Built

Built in 1917

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: BINGHAMPTON BLK 25
  • List Price Per Sq Ft: 36
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2066
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Pantry, Washer/Dryer Connections

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Chain Fence
  • Exterior Windows: Brick Veneer, Wood Window(s)

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Lot Number: 7
  • Acreage: 0.17
  • Lot Size: 50 X 150

Tax Info

  • Assessor Parcel Number: 033014 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2018
Closed on
Mar 6, 2018
Sold by
Resurrection Health
Bought by
Penn Jonathan D and Penn Anna Marie H
Seller's Agent
Scott Hopkins
Keller Williams
Buyer's Agent
Jeffrey Howard
Bluff City Realty Group, LLC
List Price
$75,000
Sold Price
$85,000
Premium/Discount to List
$10,000
13.33%
Current Estimated Value
$220,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,193
Avg. Annual Appreciation
12.34%
Original Mortgage
$82,450
Outstanding Balance
$70,264
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$149,929

Purchase Details

Closed on
Apr 8, 2015
Sold by
Christ Community Health Services Inc
Bought by
Resurrection Health

Purchase Details

Closed on
Sep 6, 2013
Sold by
Christ Community Ministries
Bought by
Christ Community Health Services Inc

Purchase Details

Closed on
Aug 20, 2008
Sold by
Christ Community Health Services Inc
Bought by
Christ Community Ministries

Purchase Details

Closed on
Feb 13, 2008
Sold by
Wages George Kenneth and Wages Rebecca R
Bought by
Christ Community Health Services
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Penn Jonathan D $85,000 Home Surety Title & Escrow L
Resurrection Health -- None Available
Christ Community Health Services Inc -- None Available
Christ Community Ministries $96,311 None Available
Christ Community Health Services $57,000 Realty Title & Escrow Co Inc
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 Penn Jonathan D $82,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2018 03/06/18 Sold $85,000 +13.3% $43 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $75,000 -- $38 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $662 $33,600 $6,325 $27,275
2024 $662 $19,525 $3,000 $16,525
2023 $1,189 $19,525 $3,000 $16,525
2022 $1,189 $19,525 $3,000 $16,525
2021 $1,203 $19,525 $3,000 $16,525
2020 $902 $12,450 $3,000 $9,450
2019 $902 $12,450 $3,000 $9,450
2018 $902 $12,450 $3,000 $9,450
2017 $512 $12,450 $3,000 $9,450
2016 $494 $11,300 $0 $0
2014 $494 $11,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Scott Hopkins

    Keller Williams

    1 in this area

    28 Total Sales

    Scott Hopkins
    Section Image
  • Jeffrey Howard

    Buyer's Agent in 2018

    Jeffrey Howard

    Bluff City Realty Group, LLC

    (901) 303-8448

    4 in this area

    161 Total Sales

    Jeffrey Howard
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10018528

Memphis Area Association of REALTORS®

APN: 03-3014-0-0006

Tennessee Shelby County Memphis 38112 Binghampton

2485 Yale Ave, Memphis, TN

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