NOT LISTED FOR SALE

2566 Lowell Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $70,000 - $141,000

3 Beds
1 Bath
1,400-1,599 Sq Ft
$56/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $60,000 $38 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $508/month

126 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Central Heating and Cooling System
  • Wood Flooring
  • Some Wood Windows
  • 5-minute walk to Minnie Wagner Park

About This Home

As of February 2024

Cozy house on corner lot with detached 2-car garage. Tenant occupied. DO NOT DISTURB TENANTS. Viewing scheduled with accepted offer. Call listing agent for details. Bring your investors!

Last Agent to Sell the Property

Miki Brewer

McWaters & Associates License #330550 Listed on: 09/28/2023

Last Buyer's Agent

Duane Kinnard

Tri-Leake Realty License #335044

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $502

Year Built

  • Built in 1942

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 56x154
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,654 Sq Ft Home
  • 1.5-Story Property
  • Decorative Fireplace
  • Some Wood Windows
  • Combination Dining and Living Room
  • Iron Doors
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Rear-Facing Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • La Belle Heights Blk 81 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047047 00031

Home Details

Home Type

Single Family

Est. Annual Taxes

$502

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 757E
  • MAAR Subdivision Name: BETHEL GROVE
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 36.28
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1654
  • Year Built: 1942
  • List Price/ Sq Ft: 36
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 2
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Fireplace: Decorative Only
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination, Washer/Dryer Connections
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Back-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 1
  • Acreage: 0.19
  • Lot Size: 56X154
  • Price Per Acre: 315789

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 047047 00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Feb 8, 2024
Sold by
Rkv Real Estate Llc
Bought by
H D E Investments Llc
Seller's Agent
Miki Brewer
McWaters & Associates
Buyer's Agent
Duane Kinnard
Tri-Leake Realty
List Price
$90,000
Sold Price
$60,000
Premium/Discount to List
-$30,000
-33.33%
Views
307
Current Estimated Value
$88,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,825
Avg. Annual Appreciation
25.79%

Purchase Details

Closed on
Oct 30, 2013
Sold by
Pakaru Property Llc
Bought by
Rkv Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 29, 2012
Closed on
Apr 19, 2013
Sold by
Todd Property Usa Llc
Bought by
Pakaru Propperty Llc
Seller's Agent
Sam Hanks
Broker South Realty
Buyer's Agent
Darrell Thomas
Hayes Homes and Realty, Inc
List Price
$20,900
Sold Price
$15,000
Premium/Discount to List
-$5,900
-28.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.26%

Purchase Details

Closed on
Jul 26, 2012
Sold by
Richardson Willie E
Bought by
U S Bank Na
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
H D E Investments Llc $53,000 None Listed On Document
Rkv Real Estate Llc $203,500 None Available
Pakaru Propperty Llc $15,000 None Available
U S Bank Na $44,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rkv Real Estate Llc $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2024 02/09/24 Sold $60,000 -20.0% $43 / Sq Ft
10/16/2023 10/16/23 Price Changed $75,000 -6.3% $54 / Sq Ft
10/11/2023 10/11/23 Price Changed $80,000 -11.1% $57 / Sq Ft
09/28/2023 09/28/23 For Sale $90,000 +500.0% $64 / Sq Ft
04/19/2013 04/19/13 Sold $15,000 -28.2% $9 / Sq Ft View Prior Sale
04/15/2013 04/15/13 Pending -- -- --
10/29/2012 10/29/12 For Sale $20,900 -- $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 $502 $19,575 $2,450 $17,125
2024 $502 $14,800 $1,125 $13,675
2023 $902 $14,800 $1,125 $13,675
2022 $902 $14,800 $1,125 $13,675
2021 $912 $14,800 $1,125 $13,675
2020 $750 $10,350 $1,125 $9,225
2019 $750 $10,350 $1,125 $9,225
2018 $750 $10,350 $1,125 $9,225
2017 $425 $10,350 $1,125 $9,225
2016 $454 $10,400 $0 $0
2014 $454 $10,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Miki Brewer

    McWaters & Associates

    Section Image

  • D

    Buyer's Agent in 2024

    Duane Kinnard

    Tri-Leake Realty

    (901) 323-1246

    9 in this area

    123 Total Sales

    Duane Kinnard
    Section Image
  • Sam Hanks

    Seller's Agent in 2013

    Sam Hanks

    Broker South Realty

    (901) 378-0494

    26 Total Sales

    Sam Hanks
    Section Image
  • Darrell Thomas

    Buyer's Agent in 2013

    Darrell Thomas

    Hayes Homes and Realty, Inc

    (901) 246-1682

    25 Total Sales

    Darrell Thomas
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10157768

Memphis Area Association of REALTORS®

APN: 04-7047-0-0031

Tennessee Shelby County Memphis 38114 Southeast Memphis

2566 Lowell Ave, Memphis, TN

This home is located at 2566 Lowell Ave, Memphis, TN 38114 since 28 September 2023 and is currently estimated at $88,825, approximately $55 per square foot. This property was built in 1942. 2566 Lowell Ave is a home located in Shelby County with nearby schools including Bethel Grove Elementary School, Sherwood Middle, and Melrose High School.

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