NOT LISTED FOR SALE

2540 Rust Ave Memphis, TN 38127

Estimated Value: $119,043 - $150,000

3 Beds
1 Bath
1,065 Sq Ft
$125/Sq Ft Est. Value

Sale Details

Date Sold: May 8, 2012

Last sale price $9,600 $9 Per Sq Ft

Est. 1,283% increase in value since last sale

Current estimated payment $780 / mo

94 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Brick Veneer
  • Wood Flooring
  • Porch
  • Level Lot

About This Home

As of May 2012

**REDUCED** LOCATED IN NORTH MEMPHIS, THIS GREAT HOME NEEDS SOME REPAIRS BUT HAS LOTS OF POTENTIAL! THREE BEDROOMS AND A LARGE YARD. CALL FOR MORE DETAILS AND TO SCHEDULE A SHOWING TODAY!

Last Agent to Sell the Property

Greg Glosson

Fast Track Realty, LLC License #262724 Listed on: 01/20/2012

Last Buyer's Agent

Maurice Douglas

KAIZEN Realty, LLC License #239377

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 43,124 Sq Ft Lot
  • Lot Dimensions are 126.1 x 311
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof

Interior Spaces

  • 1,065 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Separate Formal Living Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Porch

Community Details

  • Johnson Smith Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0135 00069

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0.99 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: HIGHWAY 51
  • MAAR Subdivision Name: JOHNSON-SMITH SEC A
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1065
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Misc Interior: All Window Treatments
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 1
  • Acreage: 0.99
  • Lot Size: 126.1 X 311

Tax Info

  • Assessor Parcel Number: D0135 00069

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

Closed on
Jun 28, 2013
Sold by
Bought by
Current Estimated Value
$132,761

Purchase Details

Listed on
Jan 20, 2012
Closed on
Jun 26, 2012
Sold by
Bought by
Seller's Agent
Greg Glosson
Fast Track Realty, LLC
Buyer's Agent
Maurice Douglas
KAIZEN Realty, LLC
List Price
$39,500
Sold Price
$9,600
Premium/Discount to List
-$29,900
-75.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.41%

Purchase Details

Listed on
Jan 20, 2012
Closed on
May 4, 2012
Sold by
Bought by
Seller's Agent
Greg Glosson
Fast Track Realty, LLC
Buyer's Agent
Maurice Douglas
KAIZEN Realty, LLC
List Price
$39,500
Sold Price
$9,600
Premium/Discount to List
-$29,900
-75.7%

Purchase Details

Closed on
Jul 5, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 2005
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
$63,750
Interest Rate
8.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 15, 1996
Sold by
Bought by
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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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
-- None Available
-- None Available
$9,600 Fidelity Title & Escrow Inc
$63,000 None Available
$75,000 Community Equity & Title Inc
$57,100 --
$57,100 --
-- --
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 $63,750
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
05/08/2012 05/08/12 Sold $9,600 -75.7% $9 / Sq Ft
04/23/2012 04/23/12 Pending -- -- --
01/20/2012 01/20/12 For Sale $39,500 -- $37 / 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 $783 $29,100 $4,375 $24,725
2024 $771 $22,750 $3,825 $18,925
2023 $771 $22,750 $3,825 $18,925
2022 $771 $22,750 $3,825 $18,925
2021 $785 $22,750 $3,825 $18,925
2020 $573 $14,150 $3,475 $10,675
2019 $573 $14,150 $3,475 $10,675
2018 $573 $14,150 $3,475 $10,675
2017 $582 $14,150 $3,475 $10,675
2016 $583 $13,350 $0 $0
2014 $583 $13,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Glosson

    Seller's Agent in 2012

    Greg Glosson

    Fast Track Realty, LLC

    (901) 550-3633

    12 Total Sales

    Greg Glosson
    Section Image

  • M

    Buyer's Agent in 2012

    Maurice Douglas

    KAIZEN Realty, LLC

    (901) 335-9066

    1 Total Sale

    Maurice Douglas
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3239193

Memphis Area Association of REALTORS®

APN: D0-135-0-0069

Tennessee Shelby County Memphis 38127

2540 Rust Ave, Memphis, TN

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