NOT LISTED FOR SALE

2550 Malone Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $78,992 - $108,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$47/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $55,900 $28 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $540/month

Highlights

  • Sitting Area In Primary Bedroom
  • Landscaped Professionally
  • Separate Formal Living Room
  • 0.54 Acre Lot
  • Traditional Architecture
  • Corner Lot

About This Home

As of December 2016

Totally Renovated. A must see. Everything is new.

Last Agent to Sell the Property

Douglas Bentley

Good Shepherds Realty & Invest License #253489 Listed on: 06/13/2016

Last Buyer's Agent

Douglas Bentley

Good Shepherds Realty & Invest License #253489 Listed on: 06/13/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $577

Year Built

  • Built in 1950

Lot Details

  • 0.54 Acre Lot
  • Chain Link Fence
  • Landscaped Professionally
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,599 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Storage Room
  • Pull Down Stairs to Attic
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Storm Doors
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Bethel Grove Blk 167 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047059 00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$577

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: 35
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1599
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Split Bedroom Plan, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Carpet
  • Bedroom 3 Description: Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Pantry, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs, Cat/Dog Free House
  • Other Rooms: Laundry Room, Storage Room
  • P R I M A R Y B E D R O O M: Sitting Area, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio
  • Exterior Windows: Wood/Composition, Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2A
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level, Corner, Landscaped, Professionally Landscaped, Chain Fenced
  • Lot Number: 3
  • Acreage: 0.54
  • Lot Size: 122.3/11X153.5/189.5

Tax Info

  • Assessor Parcel Number: 047059 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Dec 9, 2016
Sold by
Williams Rodney
Bought by
Moten Sherry D
Seller's Agent
Douglas Bentley
Good Shepherds Realty & Invest
Buyer's Agent
Douglas Bentley
Good Shepherds Realty & Invest
List Price
$55,900
Sold Price
$55,900
Current Estimated Value
$93,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,098
Avg. Annual Appreciation
6.02%

Purchase Details

Closed on
Mar 14, 2016
Sold by
Wright Arthur E
Bought by
Williams Rodney

Purchase Details

Closed on
Apr 11, 2003
Sold by
Norman Louvonnia
Bought by
Norman Louvonnia and Norman Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2002
Sold by
Williams Lillian B and Malone Samuel
Bought by
Norman Louvonnia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,750
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage
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
Moten Sherry D $55,900 Boston National Title Llc
Williams Rodney -- None Available
Norman Louvonnia -- Equity Title & Escrow
Norman Louvonnia $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norman Louvonnia $52,000
Previous Owner Norman Louvonnia $42,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2016 12/09/16 Sold $55,900 0.0% $31 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $55,900 -- $31 / 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 $577 $22,575 $2,675 $19,900
2024 $577 $17,025 $1,125 $15,900
2023 $1,037 $17,025 $1,125 $15,900
2022 $1,037 $17,025 $1,125 $15,900
2021 $1,049 $17,025 $1,125 $15,900
2020 $777 $10,725 $1,125 $9,600
2019 $1,243 $17,160 $1,800 $15,360
2018 $1,243 $17,160 $1,800 $15,360
2017 $705 $17,160 $1,800 $15,360
2016 $512 $0 $0 $0
2014 $512 $11,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Douglas Bentley

    Good Shepherds Realty & Invest

    (901) 690-3559

    16 Total Sales

    Douglas Bentley
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9979763

Memphis Area Association of REALTORS®

APN: 04-7059-0-0016

Tennessee Shelby County Memphis 38114 Southeast Memphis

2550 Malone Ave, Memphis, TN

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