NOT LISTED FOR SALE

251 N Watkins St Memphis, TN 38104

Midtown Memphis Neighborhood

Estimated Value: $168,000 - $266,000

4 Beds
2 Baths
1,673 Sq Ft
$118/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $95,000 $57 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,163/month

73 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • 1-Story Property
  • Wood Flooring

About This Home

As of November 2021

Investors! Make this a part of your portfolio. Left side is occupied and needs work. Right side was previously rented under market value for $695 to a long term tenant. Photos are the right side ( North side of property). Please drive by and make offer contingent on inspection. Selling AS IS. PLEASE DO NOT GO ON THE PROPERTY.

Last Agent to Sell the Property

Alison Restivo

The Restivo Group, REALTORS License #274936 Listed on: 07/17/2021

Last Buyer's Agent

Randall Weatherall

Memphis Metro Realty License #348070

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,664

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Corner Lot
  • Few Trees

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,673 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • Garland Pl Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020026 00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,664

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Duplexes
  • Style: Traditional
  • MLS Map #: 744H
  • MAAR Subdivision Name: EVERGREEN
  • Freestanding: Yes
  • List Price Per Sq Ft: 84
  • Number Of Stories: 1
  • Price Per Sq Ft: 56.78
  • Estimated Sq Ft: 1673
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Utilities

  • Cooling: 1 Window Unit per Unit
  • Heating: Wall Heat

Lot Info

  • Lot Description: Corner, Some Trees
  • Lot Number: 13
  • Acreage: 0.13
  • Lot Size: 50X120
  • Price Per Acre: 1076923

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 020026 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Nov 9, 2021
Sold by
The Richard Harry Kohrs Revocable Trust
Bought by
Minnie Lee Realty Llc
Seller's Agent
Alison Restivo
The Restivo Group, REALTORS
Buyer's Agent
Randall Weatherall
Memphis Metro Realty
List Price
$140,000
Sold Price
$95,000
Premium/Discount to List
-$45,000
-32.14%
Current Estimated Value
$187,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,125
Avg. Annual Appreciation
19.58%
Original Mortgage
$200,000
Outstanding Balance
$184,845
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,227

Purchase Details

Closed on
Oct 24, 2019
Sold by
Kohrs Richard H
Bought by
Kohrs Richard Harry and The Richard Harry Kohrs Revocable Trust
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
Minnie Lee Realty Llc $95,000 Local Title & Closing Svcs
Kohrs Richard Harry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minnie Lee Realty Llc $200,000
Previous Owner Moore James A $34,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $95,000 -32.1% $57 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
07/17/2021 07/17/21 For Sale $140,000 -- $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 $1,664 $65,800 $21,040 $44,760
2024 $1,664 $49,080 $14,360 $34,720
2023 $2,990 $49,080 $14,360 $34,720
2022 $2,990 $49,080 $14,360 $34,720
2021 $3,553 $49,080 $14,360 $34,720
2020 $2,304 $31,800 $14,360 $17,440
2019 $635 $19,875 $8,975 $10,900
2018 $635 $19,875 $8,975 $10,900
2017 $650 $19,875 $8,975 $10,900
2016 $806 $18,450 $0 $0
2014 $806 $18,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alison Restivo

    The Restivo Group, REALTORS

    (901) 461-4197

    4 in this area

    25 Total Sales

    Section Image
  • Randall Weatherall

    Buyer's Agent in 2021

    Randall Weatherall

    Memphis Metro Realty

    (731) 487-5843

    2 in this area

    207 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10112440

Memphis Area Association of REALTORS®

APN: 02-0026-0-0003

Tennessee Shelby County Memphis 38104 Midtown Memphis

251 N Watkins St, Memphis, TN

This home is located at 251 N Watkins St, Memphis, TN 38104 since 17 July 2021 and is currently estimated at $196,952, approximately $117 per square foot. This property was built in 1910. 251 N Watkins St 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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