NOT LISTED FOR SALE

2511 Manchester Rd Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $116,664 - $144,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$95/Sq Ft Est. Value

Last Sold July 10, 2017

Last sale price $42,000 $30 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $785/month

40 Days on Market

Highlights

  • Updated Kitchen
  • Bonus Room
  • Monitored
  • Traditional Architecture
  • Den
  • Storage Room

About This Home

As of July 2017

Contract failed! Price lowered for fast sale! Great opportunity for any client who want a safe, clean and comfortable home with payments less than $500. Bring all offers! Call for your private showing..

Last Agent to Sell the Property

Larry Smith

Hallmark License #218437 Listed on: 04/25/2017

Last Buyer's Agent

Georgia Torrance

Torrance Real Estate License #56019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $530

Year Built

  • Built in 1961

Lot Details

  • 7,405 Sq Ft Lot
  • Wrought Iron Fence
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,191 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Window Treatments
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Storage Room
  • Wall to Wall Carpet

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Cove
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Accessible Ramps
  • Ground Level

Community Details

  • Raybrad Subdivision
  • Building Fire Alarm

Listing and Financial Details

  • Assessor Parcel Number 060153 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$530

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Ranch
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • Cross Street: Alcy
  • MLS Map #: 748F
  • MAAR Subdivision Name: RAYBRAD
  • Handicap Design: Ramp
  • List Price Per Sq Ft: 38
  • Number Of Stories: 1
  • Price Per Sq Ft: 35.26
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1191
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 1, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Den, LR/DR Combination, Updated/Renovated Kitchen, W/D Connection in Kitchen
  • Misc Interior: All Window Treatments, Security System, Smoke Detector(s), Monitored Alarm
  • Other Rooms: Bonus Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Iron Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Burglar Alarm, Fire Alarm, Monitored Alarm System, Smoke Detector(s), Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Cove, Chain Fenced
  • Lot Number: 11
  • Acreage: 0.17
  • Lot Size: .17 ACS
  • Price Per Acre: 265294

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 060153 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2017
Closed on
Jul 10, 2017
Sold by
Casey Erskine
Bought by
Vaughn Katrena E
Seller's Agent
Larry Smith
Hallmark
Buyer's Agent
Georgia Torrance
Torrance Real Estate
List Price
$41,500
Sold Price
$42,000
Premium/Discount to List
$500
1.2%
Current Estimated Value
$135,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,366
Avg. Annual Appreciation
12.94%
Original Mortgage
$42,000
Outstanding Balance
$35,277
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$77,102
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
Vaughn Katrena E $42,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughn Katrena E $20,000
Closed Vaughn Katrena E $6,500
Open Vaughn Katrena E $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2017 07/10/17 Sold $42,000 +1.2% $35 / Sq Ft
06/04/2017 06/04/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $41,500 -- $35 / 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 $530 $21,800 $2,750 $19,050
2024 $530 $15,625 $900 $14,725
2023 $952 $15,625 $900 $14,725
2022 $670 $11,000 $900 $10,100
2021 $678 $11,000 $900 $10,100
2020 $754 $10,400 $900 $9,500
2019 $754 $10,400 $900 $9,500
2018 $754 $10,400 $900 $9,500
2017 $427 $10,400 $900 $9,500
2016 $468 $10,700 $0 $0
2014 $468 $10,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Larry Smith

    Seller's Agent in 2017

    Larry Smith

    Hallmark

    (901) 218-7540

    1 in this area

    16 Total Sales

    Section Image

  • G

    Buyer's Agent in 2017

    Georgia Torrance

    Torrance Real Estate

    (901) 210-6831

    23 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10000890

Memphis Area Association of REALTORS®

APN: 06-0153-0-0012

Tennessee Shelby County Memphis 38114 Southeast Memphis

2511 Manchester Rd, Memphis, TN

This home is located at 2511 Manchester Rd, Memphis, TN 38114 since 25 April 2017 and is currently estimated at $132,666, approximately $94 per square foot. This property was built in 1961. 2511 Manchester Rd is a home located in Shelby County with nearby schools including Hamilton High School, Believe Memphis Academy Charter School, and Memphis College Preparatory.

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