NOT LISTED FOR SALE

2511 Malone Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $71,000 - $88,000

3 Beds
1 Bath
1,400-1,599 Sq Ft
$50/Sq Ft Est. Value

Last Sold July 14, 2016

Last sale price $10,900 $7 Per Sq Ft

Est. 634% increase in value since last sale

Current estimated payment $454/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Some Wood Windows
  • Wood Flooring
  • Corner Lot
  • Porch

About This Home

As of July 2016

A fixer upper in the Bethel Grove area.

Last Agent to Sell the Property

Cheryl Muhammad

Assured Real Estate Services License #274007 Listed on: 06/06/2016

Last Buyer's Agent

Cheryl Muhammad

Assured Real Estate Services License #274007 Listed on: 06/06/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $414

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 153.5
  • Corner Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,087 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • On-Street Parking

Additional Features

  • Porch
  • Heating System Uses Gas

Community Details

  • Bethel Grove Blk 171 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047055 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$414

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BETHEL GROVE
  • List Price Per Sq Ft: 12
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1087
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Street Parking Only

Utilities

  • Heating: Gas

Lot Info

  • Lot Description: Corner
  • Lot Number: 2
  • Acreage: 0.17
  • Lot Size: 50 X 153.5

Tax Info

  • Assessor Parcel Number: 047055 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Jul 15, 2016
Sold by
Pruitt Reginald
Bought by
Carr Harold P and Carr Karmen W
Seller's Agent
Cheryl Muhammad
Assured Real Estate Services
Buyer's Agent
Cheryl Muhammad
Assured Real Estate Services
List Price
$21,900
Sold Price
$10,900
Premium/Discount to List
-$11,000
-50.23%
Current Estimated Value
$79,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,057
Avg. Annual Appreciation
23.90%

Purchase Details

Closed on
Jun 11, 2007
Sold by
Nash Sandy J
Bought by
Nelson Donnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,040
Interest Rate
11.4%
Mortgage Type
New Conventional
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
Carr Harold P $10,900 None Available
Nelson Donnie $55,600 Preferred Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Donnie $50,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2016 07/14/16 Sold $10,900 -50.2% $8 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $21,900 -- $16 / 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 $414 $16,300 $2,450 $13,850
2024 $414 $12,225 $1,125 $11,100
2023 $745 $12,225 $1,125 $11,100
2022 $745 $12,225 $1,125 $11,100
2021 $753 $12,225 $1,125 $11,100
2020 $616 $8,500 $1,125 $7,375
2019 $616 $8,500 $1,125 $7,375
2018 $616 $8,500 $1,125 $7,375
2017 $349 $8,500 $1,125 $7,375
2016 $409 $9,350 $0 $0
2014 $409 $9,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Muhammad

    Seller's Agent in 2016

    Cheryl Muhammad

    Assured Real Estate Services

    (901) 406-9885

    1 in this area

    43 Total Sales

    Cheryl Muhammad
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9978928

Memphis Area Association of REALTORS®

APN: 04-7055-0-0001

Tennessee Shelby County Memphis 38114 Southeast Memphis

2511 Malone Ave, Memphis, TN

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