NOT LISTED FOR SALE

2561 Supreme Ave Memphis, TN 38114

Orange Mound Neighborhood

Estimated Value: $46,000 - $62,000

2 Beds
1 Bath
717 Sq Ft
$78/Sq Ft Est. Value

Last Sold October 22, 2015

Last sale price $5,500 $8 Per Sq Ft

Est. 915% increase in value since last sale

Current estimated payment $310/month

About This Home

As of March 2019

This home is located at 2561 Supreme Ave, Memphis, TN 38114 since 09 December 2018 and is currently priced at $55,840. This property was built in 1945. 2561 Supreme Ave is a home located in Shelby County with nearby schools including Dunbar Elementary School, Sherwood Middle, and Melrose High School.

Last Agent to Rent the Property

Sherita McCray

Assured Real Estate Services License #310059 Listed on: 12/09/2018

Last Renter's Agent

Sherita McCray

Assured Real Estate Services License #310059 Listed on: 12/09/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $141

Year Built

  • Built in 1945

Lot Details

  • 6,098 Sq Ft Lot

Interior Spaces

  • 717 Sq Ft Home
  • 1-Story Property
  • Attic Access Panel

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Melrose Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 061020 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$141

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 757C
  • MAAR Subdivision Name: ORANGE MOUND
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1
  • Price Per Sq Ft: 0.77
  • Estimated Sq Ft: 717
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Misc Interior: Attic Access
  • Total Bathrooms: 1

Lot Info

  • Lot Number: 21
  • Acreage: 0.14
  • Lot Size: .14
  • Price Per Acre: 3929

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 061020 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2015
Closed on
Feb 15, 2016
Sold by
Driver Christopher
Bought by
Muhammad Cheryl
Seller's Agent
Cheryl Muhammad
Assured Real Estate Services
Buyer's Agent
Cheryl Muhammad
Assured Real Estate Services
Sold Price
$550
Current Estimated Value
$55,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,290

Purchase Details

Listed on
Feb 6, 2015
Closed on
Oct 23, 2015
Sold by
Rudgley Crolyn
Bought by
Driver Christopher
Seller's Agent
Cheryl Muhammad
Assured Real Estate Services
Buyer's Agent
Cheryl Muhammad
Assured Real Estate Services
List Price
$9,000
Sold Price
$5,500
Premium/Discount to List
-$3,500
-38.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.19%

Purchase Details

Closed on
Aug 10, 2000
Sold by
Five Star Investments Llc
Bought by
Rudgley Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,349
Interest Rate
8.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 1999
Sold by
First Union Home Equity Bank Na
Bought by
Five Star Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
7.58%

Purchase Details

Closed on
Sep 22, 1998
Sold by
Gregory Payne
Bought by
First Union National Bank
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
Muhammad Cheryl -- None Available
Driver Christopher $5,500 Attorney
Rudgley Carolyn $36,000 --
Rudgley Carolyn $36,000 --
Five Star Investment Llc $12,000 --
First Union National Bank $8,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rudgley Carolyn $36,894
Previous Owner Rudgley Carolyn $36,349
Previous Owner Five Star Investment Llc $17,500
Previous Owner Payne Gregory $22,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2019 03/21/19 Rented $550 0.0% --
12/09/2018 12/09/18 For Rent $550 +10.0% --
07/13/2018 07/13/18 Rented $500 0.0% --
04/07/2018 04/07/18 For Rent $500 +5.3% --
02/02/2017 02/02/17 Rented $475 -13.6% --
02/01/2017 02/01/17 Under Contract -- -- --
12/06/2016 12/06/16 For Rent $550 0.0% --
01/10/2016 01/10/16 Rented $550 -8.3% --
12/15/2015 12/15/15 Under Contract -- -- --
11/18/2015 11/18/15 For Rent $600 0.0% --
10/22/2015 10/22/15 Sold $5,500 -38.9% $8 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $9,000 -- $13 / 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 $141 $8,400 $1,625 $6,775
2024 $141 $4,150 $750 $3,400
2023 $253 $4,150 $750 $3,400
2022 $253 $4,150 $750 $3,400
2021 $256 $4,150 $750 $3,400
2020 $255 $3,525 $750 $2,775
2019 $255 $3,525 $750 $2,775
2018 $255 $3,525 $750 $2,775
2017 $145 $3,525 $750 $2,775
2016 $180 $4,125 $0 $0
2014 $180 $4,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherita McCray

    Landlord's Agent in 2019

    Sherita McCray

    Assured Real Estate Services

    (901) 503-7276

    7 in this area

    88 Total Sales

    Sherita McCray
    Section Image
  • Cheryl Muhammad

    Seller's Agent in 2017

    Cheryl Muhammad

    Assured Real Estate Services

    (901) 406-9885

    42 Total Sales

    Cheryl Muhammad
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10042135

Memphis Area Association of REALTORS®

APN: 06-1020-0-0005

Tennessee Shelby County Memphis 38114 Orange Mound

2561 Supreme Ave, Memphis, TN

This home is located at 2561 Supreme Ave, Memphis, TN 38114 since 09 December 2018 and is currently priced at $55,840. This property was built in 1945. 2561 Supreme Ave is a home located in Shelby County with nearby schools including Dunbar Elementary School, Sherwood Middle, and Melrose High School.

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