NOT LISTED FOR SALE

2511 Malone Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $74,000 - $105,000

3 Beds
1 Bath
1,400-1,599 Sq Ft
$55/Sq Ft Est. Value

Sale Details

Date Sold: July 14, 2016

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

Est. 702% increase in value since last sale

Current estimated payment $509 / mo

29 Days on Market

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

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
  • Brick Veneer

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

Year Built

Built in 1950

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: 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

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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Jul 15, 2016
Sold by
Bought by
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
$87,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,505
Avg. Annual Appreciation
23.30%

Purchase Details

Closed on
Jun 11, 2007
Sold by
Bought by

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:

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

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
$10,900 None Available
$55,600 Preferred Title & Escrow Llc
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
Previous Owner $50,040
Source: Public Records

Property 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 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $438 $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

    36 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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