NOT LISTED FOR SALE

2509 Hale Ave Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $122,022 - $172,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$121/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $25,000 $21 Per Sq Ft

Est. 484% increase in value since last sale

Current estimated payment $853/month

4 Days on Market

Highlights

  • Porch
  • Level Lot
  • 1-Story Property

About This Home

As of June 2018

Home is SOLD "AS IS, WHERE IS". "NO REPRESENTATIONS OR WARRANTIES." CASH OFFERS ONLY. Proof of funds required with all offers. Needs many repairs. Could be a great investment property.

Last Agent to Sell the Property

Lisa Thomas

BEST Real Estate Company License #308441 Listed on: 06/07/2018

BEST Real Estate Company

Last Buyer's Agent

Lisa Thomas

BEST Real Estate Company License #308441 Listed on: 06/07/2018

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $653

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 120
  • Level Lot

Parking

  • Driveway

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,113 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Porch
  • Ground Level

Community Details

  • Binghamton Blk 29 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 033013 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$653

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 744I
  • MAAR Subdivision Name: BINGHAMPTON BLK 29
  • List Price Per Sq Ft: 30
  • Number Of Stories: 1
  • Price Per Sq Ft: 22.46
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1113
  • Year Built: 1920
  • 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
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: E PT 11
  • Acreage: 0.06
  • Lot Size: 25 X 120
  • Price Per Acre: 550000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 033013 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2019
Sold by
Snci Inc
Bought by
Restivo Joseph W
Current Estimated Value
$146,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,700
Outstanding Balance
$94,374
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$50,666

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jun 26, 2018
Sold by
Norman Brett
Bought by
Unc Snci
Seller's Agent
Lisa Thomas
BEST Real Estate Company
Buyer's Agent
Lisa Thomas
BEST Real Estate Company
List Price
$33,000
Sold Price
$25,000
Premium/Discount to List
-$8,000
-24.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.92%

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jun 20, 2018
Sold by
Gray Ester M and Mayo Keith
Bought by
Norman Brett
Seller's Agent
Lisa Thomas
BEST Real Estate Company
Buyer's Agent
Lisa Thomas
BEST Real Estate Company
List Price
$33,000
Sold Price
$25,000
Premium/Discount to List
-$8,000
-24.24%

Purchase Details

Closed on
May 9, 1997
Sold by
Dormer Arnold R and Dormer Anita Lynn
Bought by
Gray Ester M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,300
Interest Rate
8.18%
Mortgage Type
FHA
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
Restivo Joseph W $110,000 None Available
Unc Snci -- None Available
Norman Brett $25,000 None Available
Gray Ester M $31,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Restivo Joseph W $106,700
Previous Owner Gray Ester M $27,300
Closed Gray Ester M $5,527
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $25,000 -24.2% $25 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $33,000 -- $33 / 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 $653 $41,075 $4,725 $36,350
2024 $653 $19,275 $3,000 $16,275
2023 $1,174 $19,275 $3,000 $16,275
2022 $1,174 $19,275 $3,000 $16,275
2021 $1,188 $19,275 $3,000 $16,275
2020 $600 $8,275 $3,000 $5,275
2019 $264 $8,275 $3,000 $5,275
2018 $264 $8,275 $3,000 $5,275
2017 $271 $8,275 $3,000 $5,275
2016 $299 $6,850 $0 $0
2014 $299 $6,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Thomas

    Seller's Agent in 2018

    Lisa Thomas

    BEST Real Estate Company

    (901) 679-2984

    66 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10028960

Memphis Area Association of REALTORS®

APN: 03-3013-0-0011

Tennessee Shelby County Memphis 38112 Binghampton

2509 Hale Ave, Memphis, TN

This home is located at 2509 Hale Ave, Memphis, TN 38112 since 07 June 2018 and is currently estimated at $145,506, approximately $121 per square foot. This property was built in 1920. 2509 Hale Ave is a home located in Shelby County with nearby schools including Brewster Elementary School, Treadwell Middle School, and Central High School.

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