NOT LISTED FOR SALE

2577 Kimball Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $72,000 - $91,061

2 Beds
1 Bath
1,200-1,399 Sq Ft
$58/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $58,000 $41 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $469/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Den
  • Level Lot
  • Wood Flooring
  • Central Heating and Cooling System
  • 4-minute walk to Minnie Wagner Park

About This Home

As of August 2024

Great starter home or addition to your rental portfolio. This property is located near jobs and commerce. Some renovation is needed, it will be sold "as-is".

Last Agent to Sell the Property

Cortney Lester

Franchise Realty, LLC License #306978 Listed on: 07/15/2024

Last Buyer's Agent

Itzel Sanchez Bustamante

Keller Williams License #333024

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 55x154
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,221 Sq Ft Home
  • 1-Story Property
  • Den
  • Wood Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Rear-Facing Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • La Belle Heights Blk 64 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047040 00003

Home Details

Home Type

Single Family

Year Built

Built in 1940

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
  • Price Per Sq Ft: 47.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1221
  • Year Built: 1940
  • List Price/ Sq Ft: 49
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Den
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Back-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 3
  • Acreage: 0.19
  • Lot Size: 55X154
  • Price Per Acre: 315263
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 047040 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Jul 30, 2024
Sold by
A L M A Investments Llc
Bought by
Goldstar Homes Llc
Seller's Agent
Cortney Lester
Franchise Realty, LLC
Buyer's Agent
Itzel Sanchez Bustamante
Keller Williams
List Price
$59,900
Sold Price
$58,000
Premium/Discount to List
-$1,900
-3.17%
Views
2
Current Estimated Value
$81,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,015
Avg. Annual Appreciation
31.22%

Purchase Details

Listed on
Jul 15, 2024
Closed on
Jul 24, 2024
Sold by
Estate Ventures Llc
Bought by
Alma Investments Llc
Seller's Agent
Cortney Lester
Franchise Realty, LLC
Buyer's Agent
Itzel Sanchez Bustamante
Keller Williams
List Price
$59,900
Sold Price
$58,000
Premium/Discount to List
-$1,900
-3.17%
Views
2

Purchase Details

Listed on
Jul 15, 2024
Closed on
Jun 28, 2024
Sold by
Mcphail Sanchez Llc
Bought by
Estate Ventures Llc
Seller's Agent
Cortney Lester
Franchise Realty, LLC
Buyer's Agent
Itzel Sanchez Bustamante
Keller Williams
List Price
$59,900
Sold Price
$58,000
Premium/Discount to List
-$1,900
-3.17%
Views
2

Purchase Details

Closed on
Nov 19, 1996
Sold by
Mitchell Dorris D and Mitchell Lenora G
Bought by
Harbin Arthur B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,466
Interest Rate
7.83%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Goldstar Homes Llc $58,000 Excel Title & Escrow
Alma Investments Llc -- None Listed On Document
Estate Ventures Llc $26,136 None Listed On Document
Harbin Arthur B $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harbin Arthur B $48,466
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2024 08/02/24 Sold $58,000 -3.2% $48 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $59,900 -- $50 / 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 -- $20,525 $2,450 $18,075
2024 $528 $15,575 $1,125 $14,450
2023 $949 $15,575 $1,125 $14,450
2022 $949 $15,575 $1,125 $14,450
2021 $960 $15,575 $1,125 $14,450
2020 $784 $10,825 $1,125 $9,700
2019 $784 $10,825 $1,125 $9,700
2018 $784 $10,825 $1,125 $9,700
2017 $445 $10,825 $1,125 $9,700
2016 $477 $10,925 $0 $0
2014 $477 $10,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cortney Lester

    Seller's Agent in 2024

    Cortney Lester

    Franchise Realty, LLC

    (901) 552-8557

    3 in this area

    59 Total Sales

    Cortney Lester
    Section Image
  • Itzel Sanchez Bustamante

    Buyer's Agent in 2024

    Itzel Sanchez Bustamante

    Keller Williams

    (901) 378-4334

    12 in this area

    608 Total Sales

    Itzel Sanchez Bustamante
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10176950

Memphis Area Association of REALTORS®

APN: 04-7040-0-0003

Tennessee Shelby County Memphis 38114 Southeast Memphis

2577 Kimball Ave, Memphis, TN

This home is located at 2577 Kimball Ave, Memphis, TN 38114 since 15 July 2024 and is currently estimated at $81,015, approximately $57 per square foot. This property was built in 1940. 2577 Kimball 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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