2501 Spey Dr Memphis, TN 38119
Balmoral Neighborhood
4
Beds
2
Baths
2,200-2,399
Sq Ft
0.41
Acres
Highlights
- Updated Kitchen
- Wood Flooring
- Separate Formal Living Room
- Traditional Architecture
- Attic
- Den with Fireplace
About This Home
As of July 2025Welcome to this fun and lovingly updated one-level home! The smoothed ceilings, updated light fixtures, freshly painted accent walls and (best of all) renovated kitchen are executed to brilliant perfection! You will love single story living with consistent flooring and no carpet, an abundance of storage (and possible expandable attic), unique and beautiful curb appeal, and a wonderful patio and gazebo in the backyard! Great floor plan, great lot on over a third of an acre, excellent updates, plus a 2-car garage - welcome home!
Last Agent to Sell the Property
The Porter Group License #335485 Listed on: 04/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,874
Year Built
- Built in 1977
Lot Details
- 0.41 Acre Lot
- Lot Dimensions are 90x199
- Wood Fence
- Chain Link Fence
- Landscaped
- Few Trees
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 2,200-2,399 Sq Ft Home
- 2,382 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Ceiling Fan
- Fireplace Features Masonry
- Some Wood Windows
- Window Treatments
- Entrance Foyer
- Separate Formal Living Room
- Breakfast Room
- Dining Room
- Den with Fireplace
- Permanent Attic Stairs
- Storm Windows
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Double Oven
- Cooktop
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Garage
- Front Facing Garage
- Driveway
- On-Street Parking
Outdoor Features
- Covered Patio or Porch
- Gazebo
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Electric Water Heater
Community Details
- Glenkindie Subdivision
Listing and Financial Details
- Assessor Parcel Number 081051 D00074
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2025
Closed on
May 30, 2025
Sold by
Wages Robert and Wages Victoria
Bought by
Anderson Desiree M
Seller's Agent
Scott Perryman
The Porter Group
Buyer's Agent
Pamela Caston
4 Success Realty, LLC
List Price
$308,000
Sold Price
$310,000
Premium/Discount to List
$2,000
0.65%
Views
114
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.99%
Original Mortgage
$304,385
Outstanding Balance
$303,874
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$568
Purchase Details
Listed on
Sep 15, 2022
Closed on
Nov 2, 2022
Sold by
Spurlock Erin Amice and Spurlock Thomas
Bought by
Wages Robert and Wages Victoria
Seller's Agent
Kelbert Fagan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jodie Bowden
The Porter Group
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$215,000
Interest Rate
6.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 21, 2019
Closed on
Mar 1, 2020
Sold by
Henderson Chris L and Eubanks James W
Bought by
Spurlock Erin and Spurlock Thomas
Seller's Agent
Brett Bernard
The Stamps Real Estate Company
Buyer's Agent
Kelbert Fagan
Crye-Leike, Inc., REALTORS
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.41%
Original Mortgage
$137,362
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 29, 2019
Sold by
Henderson Chris L and Henderson Christophen
Bought by
Chris Henders Living Trust
Purchase Details
Closed on
Aug 31, 2016
Sold by
Henderson Elena V
Bought by
Henderson Christopher
Purchase Details
Closed on
Sep 27, 2000
Sold by
Reidhimer Lawrence E and Reidhimer Barbara N
Bought by
Henderson Christopher and Henderson Elena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,877
Interest Rate
7.92%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 8, 1998
Sold by
Hill James I and Hill Ramona
Bought by
Reidhimer Lawrence E and Reidhimer Barbara Noble
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,135
Interest Rate
7.19%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 14, 1997
Sold by
Williams Donald Wayne and Williams Ann
Bought by
Hill James I and Hill Ramona
Similar Homes in the area
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 Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $310,000 | Excel Title & Escrow | |
| Warranty Deed | $275,000 | Realty Title & Escrow | |
| Warranty Deed | $180,000 | Realty Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $158,000 | First American Title | |
| Warranty Deed | $136,500 | Security Title Company Inc | |
| Warranty Deed | $130,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $304,385 | Credit Line Revolving | |
| Previous Owner | $215,000 | New Conventional | |
| Previous Owner | $137,362 | FHA | |
| Previous Owner | $8,361 | Unknown | |
| Previous Owner | $132,283 | FHA | |
| Previous Owner | $157,005 | FHA | |
| Previous Owner | $156,877 | FHA | |
| Previous Owner | $15,000 | Credit Line Revolving | |
| Previous Owner | $131,135 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Sold | $310,000 | +0.6% | $141 / Sq Ft |
| 04/21/2025 04/21/25 | Pending | -- | -- | -- |
| 04/11/2025 04/11/25 | For Sale | $308,000 | +12.0% | $140 / Sq Ft |
| 11/02/2022 11/02/22 | Sold | $275,000 | -4.8% | $125 / Sq Ft |
| 09/28/2022 09/28/22 | Price Changed | $289,000 | -3.3% | $131 / Sq Ft |
| 09/15/2022 09/15/22 | For Sale | $299,000 | +66.1% | $136 / Sq Ft |
| 03/13/2020 03/13/20 | Sold | $180,000 | 0.0% | $82 / Sq Ft |
| 01/31/2020 01/31/20 | Pending | -- | -- | -- |
| 01/31/2020 01/31/20 | Price Changed | $180,000 | -4.8% | $82 / Sq Ft |
| 01/20/2020 01/20/20 | For Sale | $189,000 | 0.0% | $86 / Sq Ft |
| 01/06/2020 01/06/20 | Pending | -- | -- | -- |
| 10/09/2019 10/09/19 | Price Changed | $189,000 | -1.6% | $86 / Sq Ft |
| 09/21/2019 09/21/19 | For Sale | $192,000 | -- | $87 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,874 | $73,550 | $8,650 | $64,900 |
| 2024 | $1,874 | $55,275 | $9,250 | $46,025 |
| 2023 | $3,367 | $55,275 | $9,250 | $46,025 |
| 2022 | $3,367 | $55,275 | $9,250 | $46,025 |
| 2021 | $1,907 | $55,275 | $9,250 | $46,025 |
| 2020 | $2,717 | $37,500 | $7,650 | $29,850 |
| 2019 | $1,198 | $37,500 | $7,650 | $29,850 |
| 2018 | $1,198 | $37,500 | $7,650 | $29,850 |
| 2017 | $1,227 | $37,500 | $7,650 | $29,850 |
| 2016 | $1,487 | $34,025 | $0 | $0 |
| 2014 | $1,487 | $34,025 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Perryman
Seller's Agent in 2025
Scott Perryman
The Porter Group
(901) 497-5615
8 in this area
162 Total Sales
-
Terri Porter
Seller Co-Listing Agent in 2025
Terri Porter
The Porter Group
(901) 870-0927
4 in this area
164 Total Sales
-
Pamela Caston
P
Buyer's Agent in 2025
Pamela Caston
4 Success Realty, LLC
(901) 210-9495
1 in this area
30 Total Sales
-
Kelbert Fagan
Seller's Agent in 2022
Kelbert Fagan
Crye-Leike, Inc., REALTORS
(901) 314-0690
1 in this area
84 Total Sales
-
J
Buyer's Agent in 2022
Jodie Bowden
The Porter Group
-
Brett Bernard
Seller's Agent in 2020
Brett Bernard
The Stamps Real Estate Company
(901) 692-7401
222 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10194058
APN: 08-1051-D0-0074
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