NOT LISTED FOR SALE

2561 Oxford Ave Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $133,000 - $159,000

2 Beds
1 Bath
1,636 Sq Ft
$89/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $140,000 $86 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $834/month

24 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 3-minute walk to Binghampton Park
  • Porch
  • 1-Story Property

About This Home

As of May 2024

Sought after Binghampton duplex. 100% rented with long term tenants. Rents below market value. Property owned by same family since it was built. No blind offers, wholesalers or assignment of contract offers will be accepted. Seller's closing attorney to hold earnest money. Professionally managed for years. Drive by only, do not disturb tenants. Inspection upon fully accepted contract. Tenant's furnish appliances. AS IS, ALL CASH. MONTH TO MONTH RENTAL AGREEMENTS.

Last Agent to Sell the Property

JILL BERRY

J.D. Marks, Inc., REALTORS License #203753 Listed on: 04/02/2024

Last Buyer's Agent

Adrian Waits

Collier REALTORS License #368284

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x105
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,636 Sq Ft Home
  • 1-Story Property

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Binghampton Blk 35 Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, lawn maintenance
  • Assessor Parcel Number 033027 00007

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 2563
  • MLS Map #: 744I
  • MAAR Subdivision Name: BINGHAMPTON BLK 35
  • Number Of Stories: 1
  • Price Per Sq Ft: 85.57
  • Estimated Sq Ft: 1636
  • Year Built: 1965
  • List Price/ Sq Ft: 92
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Miscellaneous Interior: Unknown

Exterior Features

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

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: N PT 8
  • Acreage: 0.12
  • Lot Size: 50X105
  • Price Per Acre: 1249167

Rental Info

  • Tenants Pay: All Utilities, Lawn Maintenance
  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 033027 00007

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
May 24, 2024
Sold by
Donna K Hanover Living Trust and Karen K Wener Family Trust
Bought by
Young Joseph L
Seller's Agent
JILL BERRY
J.D. Marks, Inc., REALTORS
Buyer's Agent
Adrian Waits
Collier REALTORS
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%
Views
22
Current Estimated Value
$144,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,937
Avg. Annual Appreciation
0.58%

Purchase Details

Closed on
Mar 16, 2021
Sold by
Hanover Donna K
Bought by
Hanover Jeffrey P and Donna K Hanover Living Trust

Purchase Details

Closed on
Feb 19, 2016
Sold by
Latendresse Gina
Bought by
Latendresse Gina and Karen K Wener Family Trust

Purchase Details

Closed on
Jun 11, 2009
Sold by
Wener Karen K
Bought by
Wener Karen K and Karen K Wener Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Young Joseph L $140,000 Executive Title & Closing
Hanover Jeffrey P -- None Available
Latendresse Gina -- Attorney
Wener Karen K -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $140,000 -6.6% $86 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/21/2024 04/21/24 Price Changed $149,900 -6.3% $92 / Sq Ft
04/02/2024 04/02/24 For Sale $159,900 -- $98 / 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 -- $52,960 $10,120 $42,840
2024 $525 $15,480 $4,800 $10,680
2023 $943 $15,480 $4,800 $10,680
2022 $943 $15,480 $4,800 $10,680
2021 $954 $15,480 $4,800 $10,680
2020 $1,797 $24,800 $4,800 $20,000
2019 $793 $24,800 $4,800 $20,000
2018 $793 $24,800 $4,800 $20,000
2017 $811 $24,800 $4,800 $20,000
2016 $1,010 $23,120 $0 $0
2014 $1,010 $23,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    JILL BERRY

    J.D. Marks, Inc., REALTORS

    (901) 335-9083

    7 in this area

    26 Total Sales

    JILL BERRY
    Section Image
  • Adrian Waits

    Buyer's Agent in 2024

    Adrian Waits

    Collier REALTORS

    (901) 870-0576

    1 in this area

    9 Total Sales

    Adrian Waits
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10169167

Memphis Area Association of REALTORS®

APN: 03-3027-0-0007

Tennessee Shelby County Memphis 38112 Binghampton

2561 Oxford Ave, Memphis, TN

This home is located at 2561 Oxford Ave, Memphis, TN 38112 since 02 April 2024 and is currently estimated at $144,937, approximately $88 per square foot. This property was built in 1965. 2561 Oxford Ave is a home located in Shelby County with nearby schools including Brewster Elementary School, Treadwell Middle School, and Central High School.

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