2554 Park Ave Memphis, TN 38114
Orange Mound NeighborhoodEstimated Value: $117,000 - $122,000
            
                3
                Beds
            
            
            
                1
                Bath
            
            
            
                1,170
                Sq Ft
            
            
                
                    $102/Sq Ft
                    Est. Value
                
                
        
    
    
Highlights
- Traditional Architecture
- Cooling Available
- Property has 3 Levels
- No HOA
- Heating Available
About This Home
As of March 2024What a great addition to your real estate portfolio! Needs a little TLC. Home is vacant. No showings until accepted offer.
Home Details
Home Type
- Single Family
Year Built
- Built in 1920
Lot Details
- 7,841 Sq Ft Lot
Parking
- Parking Pad
Home Design
- Traditional Architecture
Interior Spaces
- 1,170 Sq Ft Home
- Property has 3 Levels
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Cooling Available
- Heating Available
Community Details
- No Home Owners Association
- Montgomery Park Place Subdivision
Listing and Financial Details
- Tax Lot 41
- Assessor Parcel Number 088032 B00051
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Oct 15, 2025
            
        
                Sold by
            
            
                Yassin Nurahmed
            
        
                Bought by
            
            
                Ethio Blue Nile Investments Llc
            
        
                            Current Estimated Value
                        
                        
                    Purchase Details
                Closed on
            
            
                Jul 11, 2025
            
        
                Sold by
            
            
                Fairmont Enterprises Llc
            
        
                Bought by
            
            
                Nurahmed Yassin
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $201,563
            
        
                Interest Rate
            
            
                6.85%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Jan 7, 2025
            
        
                Sold by
            
            
                Memphis Etho Investment Group Llc
            
        
                Bought by
            
            
                Fairmont Enterprises Llc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $100,000
            
        
                Interest Rate
            
            
                6.1%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Listed on
            
            
                Sep 7, 2023
            
        
                Closed on
            
            
                Apr 29, 2024
            
        
                Sold by
            
            
                Bk & Aj Inc
            
        
                Bought by
            
            
                Memphis Etho Investment Group Llc
            
        
                List Price
            
            
                $49,900
            
        
                Sold Price
            
            
                $41,500
            
        
                            Premium/Discount to List
                        
                        
                                -$8,400
                            
                            
                                -16.83%
                            
                        
                Views
            
            
                125
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Avg. Annual Appreciation
            
            
                94.65%
            
        Purchase Details
                Listed on
            
            
                Sep 7, 2023
            
        
                Closed on
            
            
                Mar 28, 2024
            
        
                Sold by
            
            
                Barter Brothers Llc
            
        
                Bought by
            
            
                Bk & Aj Inc
            
        
                List Price
            
            
                $49,900
            
        
                Sold Price
            
            
                $41,500
            
        
                            Premium/Discount to List
                        
                        
                                -$8,400
                            
                            
                                -16.83%
                            
                        
                Views
            
            
                125
            
        Purchase Details
                Closed on
            
            
                Jul 17, 2009
            
        
                Sold by
            
            
                Jones Gloria
            
        
                Bought by
            
            
                Barter Brothers Llc
            
        Purchase Details
                Closed on
            
            
                Feb 18, 2009
            
        
                Sold by
            
            
                Fannie Mae
            
        
                Bought by
            
            
                Jones Gloria
            
        Purchase Details
                Closed on
            
            
                Aug 11, 2008
            
        
                Sold by
            
            
                Daniels Reginald
            
        
                Bought by
            
            
                Federal National Mortgage Association
            
        Purchase Details
                Closed on
            
            
                Dec 20, 2007
            
        
                Sold by
            
            
                Smith Lanita
            
        
                Bought by
            
            
                Daniels Reginald
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $61,750
            
        
                Interest Rate
            
            
                6.15%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        Purchase Details
                Closed on
            
            
                Feb 9, 2007
            
        
                Sold by
            
            
                Powers Tom and Smith Joel
            
        
                Bought by
            
            
                Abd Investments
            
        Purchase Details
                Closed on
            
            
                Nov 7, 2006
            
        
                Sold by
            
            
                Igs Revitalized Housing Income Partners
            
        
                Bought by
            
            
                Powers Tom and Smith Joel
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $140,000
            
        
                Interest Rate
            
            
                6.25%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        Purchase Details
                Closed on
            
            
                Feb 13, 2006
            
        
                Sold by
            
            
                Lasalle Bank Na
            
        
                Bought by
            
            
                Igs Revitalized Housing Income Partners
            
        Purchase Details
                Closed on
            
            
                May 25, 2004
            
        
                Sold by
            
            
                Nevills Beverly B and Nevills Charles
            
        
                Bought by
            
            
                Owens Roy
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $37,100
            
        
                Interest Rate
            
            
                9.3%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Ethio Blue Nile Investments Llc | -- | Saddle Creek Title | |
| Nurahmed Yassin | $196,656 | None Listed On Document | |
| Fairmont Enterprises Llc | $125,000 | None Listed On Document | |
| Fairmont Enterprises Llc | $125,000 | None Listed On Document | |
| Memphis Etho Investment Group Llc | -- | None Listed On Document | |
| Bk & Aj Inc | $41,500 | None Listed On Document | |
| Barter Brothers Llc | $5,000 | None Available | |
| Jones Gloria | $4,500 | None Available | |
| Federal National Mortgage Association | $53,960 | None Available | |
| Daniels Reginald | $65,000 | None Available | |
| Abd Investments | $13,000 | None Available | |
| Powers Tom | $140,000 | None Available | |
| Igs Revitalized Housing Income Partners | $16,000 | None Available | |
| Owens Roy | $53,000 | Equity Title & Escrow Co | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Previous Owner | Nurahmed Yassin | $201,563 | |
| Previous Owner | Nurahmed Yassin | $201,563 | |
| Previous Owner | Fairmont Enterprises Llc | $100,000 | |
| Previous Owner | Daniels Reginald | $61,750 | |
| Previous Owner | Powers Tom | $140,000 | |
| Previous Owner | Owens Roy | $37,100 | |
| Closed | Owens Roy | $13,250 | 
                Source: Public Records
                    
            
        Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | 
|---|---|---|---|---|
| 03/29/2024 03/29/24 | Sold | $41,500 | -16.8% | $35 / Sq Ft | 
| 03/29/2024 03/29/24 | Pending | -- | -- | -- | 
| 09/07/2023 09/07/23 | For Sale | $49,900 | -- | $43 / Sq Ft | 
                    Source: Realtracs
            
        Tax History Compared to Growth
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 | $181 | $10,500 | $1,500 | $9,000 | 
| 2024 | $181 | $5,325 | $750 | $4,575 | 
| 2023 | $324 | $5,325 | $750 | $4,575 | 
| 2022 | $324 | $5,325 | $750 | $4,575 | 
| 2021 | $328 | $5,325 | $750 | $4,575 | 
| 2020 | $304 | $4,200 | $750 | $3,450 | 
| 2019 | $304 | $4,200 | $750 | $3,450 | 
| 2018 | $304 | $4,200 | $750 | $3,450 | 
| 2017 | $173 | $4,200 | $750 | $3,450 | 
| 2016 | $190 | $4,350 | $0 | $0 | 
| 2014 | $190 | $4,350 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
Source: Realtracs
MLS Number: 3008300
 
					APN: 06-1023-0-0016
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