NOT LISTED FOR SALE

2561 Tutwiler Ave Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $102,000 - $124,000

2 Beds
1 Bath
100-999 Sq Ft
$114/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $118,900 $119 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $659/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Central Heating
  • Wood Flooring
  • Porch
  • Ceiling Fan

About This Home

As of April 2024

Great starter home or rental investment in up and coming Binghamton district! Only a block from the Broad Ave. Arts and Entertainment district. Walk to the Cove or Overton Park! You won't find a move in ready turnkey property for this price anywhere in Midtown. Bring any and all offers, owner motivated! Continue to show!

Last Listed By

dave scott

BHHS Taliesyn Realty License #311916 Listed on: 03/04/2024

BHHS Taliesyn Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x166
  • Chain Link Fence
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 835 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Some Wood Windows
  • Pull Down Stairs to Attic
  • Gas Cooktop
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Voluntary home owners association
  • Summer Avenue Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 052035 00009

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 744F
  • MAAR Subdivision Name: SUMMER AVE HEIGHTS
  • Number Of Stories: 1
  • Price Per Sq Ft: 142.4
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 835
  • Year Built: 1935
  • List Price/ Sq Ft: 142
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Tile Floor, Hardwood Floor, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 1
  • Equipment: Gas Cooking
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, LR/DR Combination, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Full Bath

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Wood/Composition, Vinyl Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s), Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Level, Chain Fenced
  • Lot Number: 40
  • Acreage: 0.19
  • Lot Size: 50X166
  • Price Per Acre: 625789

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 052035 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Apr 9, 2024
Sold by
Garcia Jose Manuel
Bought by
Quintell Stanford
Seller's Agent
dave scott
BHHS Taliesyn Realty
Buyer's Agent
Myra Sheddan
Marx-Bensdorf, REALTORS
List Price
$118,900
Sold Price
$118,900
Total Days on Market
6
Views
127
Current Estimated Value
$113,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,505
Avg. Annual Appreciation
-4.29%
Original Mortgage
$115,333
Outstanding Balance
$114,148
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
-$753

Purchase Details

Listed on
Aug 22, 2023
Closed on
Sep 5, 2023
Sold by
Schwartz Jay
Bought by
Garcia Jose Manuel
Seller's Agent
James Tate
River City Land Co., LLC
Buyer's Agent
dave scott
BHHS Taliesyn Realty
List Price
$65,000
Sold Price
$55,250
Premium/Discount to List
-$9,750
-15%
Views
311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
258.71%

Purchase Details

Listed on
Apr 22, 2019
Closed on
May 14, 2019
Sold by
Murlin Capital Llc
Bought by
Schwartz Jay
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Andrew Johnson
Crye-Leike, Inc., REALTORS
List Price
$26,900
Sold Price
$26,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.08%

Purchase Details

Closed on
Jan 31, 2011
Sold by
Whg Third 72 Llc
Bought by
Etzel Holly

Purchase Details

Closed on
Jan 23, 2009
Sold by
Blue Spruce Entities Llc
Bought by
Whg Third 72 Llc

Purchase Details

Closed on
Jan 22, 2009
Sold by
Nationstar Mortgage Llc
Bought by
Blue Spruce Entities Llc

Purchase Details

Closed on
Dec 18, 2008
Sold by
Veach Sarah Ruth
Bought by
Nationstar Mortgage Llc

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
Quintell Stanford $118,900 None Listed On Document
Garcia Jose Manuel $55,250 None Listed On Document
Schwartz Jay $26,900 Nexus Title & Escrow Llc
Etzel Holly $9,500 Fidelity Title & Escrow Inc
Whg Third 72 Llc $5,500 None Available
Blue Spruce Entities Llc $3,000 None Available
Nationstar Mortgage Llc $14,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quintell Stanford $115,333
Previous Owner Murlin Capital Llc $14,000
Previous Owner Veach Sarah Ruth $39,440
Previous Owner Veach Sarah R $20,000
Previous Owner Veach Sarah Ruth $29,973
Previous Owner Veach Eugene $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $118,900 0.0% $1,189 / Sq Ft
03/04/2024 03/04/24 For Sale $118,900 +115.2% $1,189 / Sq Ft
09/05/2023 09/05/23 Sold $55,250 -15.0% $553 / Sq Ft
08/22/2023 08/22/23 For Sale $65,000 +141.6% $650 / Sq Ft
05/10/2019 05/10/19 Sold $26,900 0.0% $269 / Sq Ft
04/22/2019 04/22/19 For Sale $26,900 -- $269 / 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
2024 -- $5,900 $1,000 $4,900
2023 $359 $5,900 $1,000 $4,900
2022 $359 $5,900 $1,000 $4,900
2021 $427 $5,900 $1,000 $4,900
2020 $380 $5,250 $1,000 $4,250
2019 $168 $5,250 $1,000 $4,250
2018 $168 $5,250 $1,000 $4,250
2017 $172 $5,250 $1,000 $4,250
2016 $229 $5,250 $0 $0
2014 $229 $5,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • d

    Seller's Agent in 2024

    dave scott

    BHHS Taliesyn Realty

    (901) 484-8663

    13 in this area

    55 Total Sales

    dave scott
    Section Image

  • M

    Buyer's Agent in 2024

    Myra Sheddan

    Marx-Bensdorf, REALTORS

    (901) 870-0154

    1 in this area

    40 Total Sales

    Myra Sheddan
    Section Image

  • J

    Seller's Agent in 2023

    James Tate

    River City Land Co., LLC

    (901) 265-0400

    1 in this area

    3 Total Sales

    James Tate
    Section Image
  • Dean Harris

    Seller's Agent in 2019

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    33 in this area

    1,410 Total Sales

    Dean Harris
    Section Image

  • A

    Buyer's Agent in 2019

    Andrew Johnson

    Crye-Leike

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10167124

Memphis Area Association of REALTORS®

APN: 05-2035-0-0009

Tennessee Shelby County Memphis 38112 Binghampton

2561 Tutwiler Ave, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 2561 Tutwiler Ave, Memphis, TN 38112 since 04 March 2024 and is currently estimated at $113,395, approximately $113 per square foot. This property was built in 1935. 2561 Tutwiler 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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