NOT LISTED FOR SALE

2581 Select Ave Memphis, TN 38114

Orange Mound Neighborhood

Estimated Value: $86,933 - $108,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$71/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $33,000 $24 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $584/month

41 Days on Market

About This Home

As of November 2020

This is one of 3 properties being sold as a package for $99,000. Addresses include: 1502 Buntyn (Rent=$625), 2533 Kenner (Rent=$575), 2581 Select (Vacant) Drive by only, occupied except for Select which need rehab. Showings contingent on acceptable offer contingent on inspections.

Last Agent to Sell the Property

Sherry Harbur

Harbur Realty License #274284 Listed on: 09/02/2020

Harbur Realty

Last Buyer's Agent

Khary Goodwin

eXp Realty, LLC License #289490

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $516

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x180

Parking

  • 1 Parking Space

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,247 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Orange Mound Subdivision

Listing and Financial Details

  • Assessor Parcel Number 061021 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$516

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 757C
  • MAAR Subdivision Name: ORANGE MOUND
  • List Price Per Sq Ft: 21
  • Number Of Stories: 1
  • Price Per Sq Ft: 26.46
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1247
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 20
  • Acreage: 0.2
  • Lot Size: 50X180
  • Price Per Acre: 128875

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 061021 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2022
Sold by
Lawrence Madlock
Bought by
Blanchard Charlene
Current Estimated Value
$98,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Outstanding Balance
$60,123
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$38,355

Purchase Details

Listed on
Sep 2, 2020
Closed on
Nov 17, 2020
Sold by
Wilson Andy and Wilson Andrew
Bought by
Madlock Lawrence
Seller's Agent
Sherry Harbur
Harbur Realty
Buyer's Agent
Khary Goodwin
eXp Realty, LLC
List Price
$25,775
Sold Price
$33,000
Premium/Discount to List
$7,225
28.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.88%

Purchase Details

Closed on
Jan 17, 2007
Sold by
Jenkins Lavada
Bought by
Wilson Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,750
Interest Rate
6.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 2006
Sold by
James Tina
Bought by
Jenkins Lovada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,750
Interest Rate
6.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 26, 2006
Sold by
Jones Walter
Bought by
Jenkins Lovada
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
Blanchard Charlene $80,000 Green Law Firm
Madlock Lawrence $99,000 None Available
Wilson Andrew $19,500 Lenders Title & Escrow Llc
Jenkins Lovada -- None Available
Jenkins Lovada -- None Available
Jenkins Lovada -- None Available
Jenkins Lovada -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanchard Charlene $64,000
Previous Owner Madlock Lawrence $52,500
Previous Owner Wilson Andrew $50,400
Previous Owner Wilson Andrew B $45,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $33,000 +28.0% $28 / Sq Ft
09/02/2020 09/02/20 For Sale $25,775 -- $21 / 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 $516 $24,500 $1,625 $22,875
2024 $516 $15,225 $750 $14,475
2023 $927 $15,225 $750 $14,475
2022 $378 $6,200 $750 $5,450
2021 $382 $6,200 $750 $5,450
2020 $377 $5,200 $750 $4,450
2019 $166 $5,200 $750 $4,450
2018 $166 $5,200 $750 $4,450
2017 $170 $5,200 $750 $4,450
2016 $264 $6,050 $0 $0
2014 $264 $6,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherry Harbur

    Seller's Agent in 2020

    Sherry Harbur

    Harbur Realty

    (901) 496-8193

    3 in this area

    80 Total Sales

    Section Image

  • K

    Buyer's Agent in 2020

    Khary Goodwin

    eXp Realty, LLC

    (901) 483-4904

    5 in this area

    22 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10084095

Memphis Area Association of REALTORS®

APN: 06-1021-0-0007

Tennessee Shelby County Memphis 38114 Orange Mound

2581 Select Ave, Memphis, TN

This home is located at 2581 Select Ave, Memphis, TN 38114 since 02 September 2020 and is currently estimated at $98,733, approximately $70 per square foot. This property was built in 1950. 2581 Select 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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