NOT LISTED FOR SALE

2550 Lowell Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $133,000 - $150,717

4 Beds
1.5 Baths
1,800-1,999 Sq Ft
$71/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $13,500 $7 Per Sq Ft

Est. 953% increase in value since last sale

Current estimated payment $822/month

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Den
  • Wood Flooring
  • Separate Formal Living Room
  • 5-minute walk to Minnie Wagner Park

About This Home

As of May 2015

Investment OPPORTUNITY in Memphis! Zip code 38114. Bring your investors best offer! Call listing agent for more details. Proof of funds required for cash offer. SELLER MAKES NO REPRESENTATIONS OR WARRANTIES ON PROPERTY CONDITION.

Last Agent to Sell the Property

Greta Jones

KAIZEN Realty, LLC License #297538 Listed on: 03/03/2015

KAIZEN Realty, LLC

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $841

Year Built

  • Built in 1941

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x153.5
  • Chain Link Fence
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,842 Sq Ft Home
  • 1.5-Story Property
  • Popcorn or blown ceiling
  • Fireplace Features Masonry
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Attic Access Panel
  • Eat-In Kitchen

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Gas Water Heater

Community Details

  • Bethel Grove Blk 284 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047046 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$841

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 757E
  • MAAR Subdivision Name: BETHEL GROVE
  • List Price Per Sq Ft: 8
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 7.33
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1842
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Second Story Floor Plan: 4th or More Bedrooms, 1/2 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Carpet
  • Bedroom 3 Description: Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Masonry
  • Floors/Ceilings: Hardwood Throughout, Part Carpet, Vinyl Floor, Sprayed Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Attic Access
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Hardwood Floor

Exterior Features

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

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central
  • Water Sewer: Gas Water Heater, Public Sewer

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Lot Number: 1
  • Acreage: 0.17
  • Lot Size: 50X153.5
  • Price Per Acre: 87647

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 047046 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Cadley Suzanne L
Bought by
Extra Iris Llc
Current Estimated Value
$142,179

Purchase Details

Closed on
Mar 24, 2022
Sold by
Barrett And Perez Construction Llc
Bought by
Cadley Suzanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,500
Interest Rate
3.89%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 3, 2021
Sold by
Crestcore Financial Llc
Bought by
Barrett & Perez Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 2021
Sold by
Amc Development Llc
Bought by
Crestcore Financial Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 2020
Sold by
Sharhan Yasser Mohamed and Sharhan Salah Nabil
Bought by
Amc Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2018
Sold by
Obryant Corrie
Bought by
Sharhan Yasser Mohamed and Sharhan Salah Nabil

Purchase Details

Listed on
Mar 3, 2015
Closed on
Apr 30, 2015
Sold by
3 Day Homes Llc
Bought by
Brynat Corrie O
Seller's Agent
Greta Jones
KAIZEN Realty, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$19,500
Sold Price
$13,500
Premium/Discount to List
-$6,000
-30.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.27%

Purchase Details

Closed on
Jul 30, 2014
Sold by
Smith Eloise
Bought by
3 Day Homes Llc

Purchase Details

Closed on
Jan 20, 2006
Sold by
Smith Eloise M
Bought by
Ems Enterprises Llc

Purchase Details

Closed on
Mar 5, 2004
Sold by
Carrell Charlie Mae and Carrell Mona Lisa
Bought by
Hud
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
Extra Iris Llc $145,900 Delta Title Services
Cadley Suzanne L $68,213 Apperson Crump Plc
Barrett & Perez Construction Llc $26,000 None Available
Crestcore Financial Llc $35,700 None Available
Amc Development Llc $18,000 Saddle Creek Title Llc
Sharhan Yasser Mohamed $9,000 None Available
Brynat Corrie O $13,500 None Available
3 Day Homes Llc $43,797 None Available
Ems Enterprises Llc -- None Available
Hud $46,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cadley Suzanne L $54,500
Previous Owner Barrett & Perez Construction Llc $66,000
Previous Owner Amc Development Llc $41,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2015 05/15/15 Sold $13,500 -30.8% $8 / Sq Ft
04/24/2015 04/24/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $19,500 -- $11 / 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 $841 $37,300 $2,450 $34,850
2024 $601 $24,800 $1,125 $23,675
2023 $1,080 $17,725 $1,125 $16,600
2022 $1,080 $17,725 $1,125 $16,600
2021 $1,283 $17,725 $1,125 $16,600
2020 $369 $11,325 $1,125 $10,200
2019 $362 $11,325 $1,125 $10,200
2018 $362 $11,325 $1,125 $10,200
2017 $370 $11,325 $1,125 $10,200
2016 $504 $11,525 $0 $0
2014 $504 $11,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Greta Jones

    KAIZEN Realty, LLC

    (901) 336-0597

    11 Total Sales

    Greta Jones
    Section Image

  • N

    Buyer's Agent in 2015

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9946412

Memphis Area Association of REALTORS®

APN: 04-7046-0-0021

Tennessee Shelby County Memphis 38114 Southeast Memphis

2550 Lowell Ave, Memphis, TN

This home is located at 2550 Lowell Ave, Memphis, TN 38114 since 03 March 2015 and is currently estimated at $142,179, approximately $71 per square foot. This property was built in 1941. 2550 Lowell Ave is a home located in Shelby County with nearby schools including Bethel Grove Elementary School, Sherwood Middle, and Melrose High School.

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