NOT LISTED FOR SALE

2554 Mcarthur Dr Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $135,000 - $191,771

3 Beds
2 Baths
1,600-1,799 Sq Ft
$90/Sq Ft Est. Value

Last Sold March 28, 2019

Last sale price $51,000 $28 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $956/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Porch
  • 1 Fireplace
  • Some Wood Windows
  • 2 Car Attached Garage

About This Home

As of March 2019

Lots of potential in this 3 bedroom 2 bath home located near Covington Pike. The home needs renovations, however, the potential is there.

Last Agent to Sell the Property

Rita Driver

All Stars Realty License #251275 Listed on: 02/13/2019

Last Buyer's Agent

Scott Housewirth

Crye-Leike Inc., REALTORS License #271531

Crye-Leike Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $855

Year Built

  • Built in 1965

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 65 x 120
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,643 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Den
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Carport

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Raleigh Park Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 088032 00045

Home Details

Home Type

Single Family

Est. Annual Taxes

$855

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 735A
  • MAAR Subdivision Name: RALEIGH PARK BLK A
  • List Price Per Sq Ft: 49
  • Number Of Stories: 1
  • Price Per Sq Ft: 31.04
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1643
  • Year Built: 1965
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Den
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 57
  • Acreage: 0.17
  • Lot Size: 65 X 120
  • Price Per Acre: 470000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 088032 00045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2022
Sold by
Barker Howard F and Livin Tamra
Bought by
Southern Bell Llc
Current Estimated Value
$162,693

Purchase Details

Closed on
Jul 11, 2019
Sold by
Rei Nation Llc
Bought by
Barker Howard F and Barker Tamra N

Purchase Details

Listed on
Feb 13, 2019
Closed on
Mar 28, 2019
Sold by
Rose Acceptance Inc
Bought by
Rei Nation Llc
Seller's Agent
Rita Driver
All Stars Realty
Buyer's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
List Price
$79,900
Sold Price
$51,000
Premium/Discount to List
-$28,900
-36.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.77%
Original Mortgage
$51,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 13, 2019
Closed on
Mar 22, 2019
Sold by
First National Acceptance Company
Bought by
Rose Acceptance Inc
Seller's Agent
Rita Driver
All Stars Realty
Buyer's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
List Price
$79,900
Sold Price
$51,000
Premium/Discount to List
-$28,900
-36.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2017
Sold by
American Equity Funding Inc
Bought by
First National Acceptance Company

Purchase Details

Closed on
Nov 26, 2012
Sold by
Alliance Fund Fund 101 Lp
Bought by
American Equity Funding Inc

Purchase Details

Closed on
Jun 7, 2010
Sold by
Kovacs George and Kovacs Susan
Bought by
Alliance Fund Fund 101 Lp

Purchase Details

Closed on
Nov 3, 1997
Sold by
Devalle Adam J
Bought by
Kovacs George S and Kovacs Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,075
Interest Rate
12.5%

Purchase Details

Closed on
Jul 19, 1995
Bought by
Devalle Adam J
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
Southern Bell Llc -- Christopher J Thornton Pc
Barker Howard F $119,900 Multiple
Rei Nation Llc $51,000 None Available
Rose Acceptance Inc -- None Available
First National Acceptance Company $31,496 None Available
American Equity Funding Inc $187,132 None Available
Alliance Fund Fund 101 Lp $7,784 None Available
Kovacs George S $69,500 --
Devalle Adam J $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rei Nation Llc $51,000
Previous Owner Kovacs George S $77,000
Previous Owner Kovacs George S $59,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2019 03/28/19 Sold $51,000 -36.2% $32 / Sq Ft
02/13/2019 02/13/19 For Sale $79,900 -- $50 / 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 $855 $44,275 $3,000 $41,275
2024 $855 $25,225 $2,400 $22,825
2023 $1,537 $25,225 $2,400 $22,825
2022 $1,537 $25,225 $2,400 $22,825
2021 $1,555 $25,225 $2,400 $22,825
2020 $496 $15,525 $2,400 $13,125
2019 $496 $15,525 $2,400 $13,125
2018 $496 $15,525 $2,400 $13,125
2017 $508 $15,525 $2,400 $13,125
2016 $747 $17,100 $0 $0
2014 $747 $17,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rita Driver

    Seller's Agent in 2019

    Rita Driver

    All Stars Realty

    (901) 674-7653

    1 in this area

    36 Total Sales

    Rita Driver
    Section Image
  • Scott Housewirth

    Buyer's Agent in 2019

    Scott Housewirth

    Crye-Leike

    (901) 592-7834

    9 in this area

    207 Total Sales

    Scott Housewirth
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10045975

Memphis Area Association of REALTORS®

APN: 08-8032-0-0045

Tennessee Shelby County Memphis 38128 Raleigh

2554 Mcarthur Dr, Memphis, TN

This home is located at 2554 Mcarthur Dr, Memphis, TN 38128 since 13 February 2019 and is currently estimated at $162,693, approximately $90 per square foot. This property was built in 1965. 2554 Mcarthur Dr is a home located in Shelby County with nearby schools including Raleigh-Bartlett Meadows School, Craigmont Middle School, and Craigmont High School.

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