NOT LISTED FOR SALE

Estimated Value: $86,413 - $141,000

2 Beds
1 Bath
1,375 Sq Ft
$88/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $35,000 $25 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $664/month

1 Day on Market

Highlights

  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Level Lot
  • Brick Veneer
  • Partially Carpeted
  • 1-Story Property

About This Home

As of March 2016

This home is located at 2587 Snowden Ave, Memphis, TN 38112 since 28 December 2015 and is currently estimated at $120,353, approximately $87 per square foot. This property was built in 1958. 2587 Snowden Ave is a home located in Shelby County with nearby schools including Brewster Elementary School, Treadwell Middle School, and Central High School.

Last Agent to Sell the Property

Patrick Scifres

Fast Track Realty, LLC License #332811 Listed on: 12/28/2015

Co-Listed By

Tina Sandoval

Spartan REALTORS, LLC License #312887

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924

Foundation Property Management

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Brick Veneer
  • Composition Shingle Roof

Interior Spaces

  • 1,375 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Partially Carpeted
  • Laminate

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • University Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 052047 00001

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • MAAR Subdivision Name: UNIVERSITY HEIGHTS
  • Freestanding: Yes
  • List Price Per Sq Ft: 25
  • Number Of Stories: 1
  • Estimated Sq Ft: 1375
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Wood Laminate Floors, Part Carpet

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Level
  • Lot Number: E 15
  • Acreage: 0.17
  • Lot Size: 62.5 X 121.5/119.7

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 052047 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2017
Sold by
Delforia Properties Llc
Bought by
Orchard Grove Holdings Llc
Current Estimated Value
$120,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$198,383
Interest Rate
3.95%
Mortgage Type
Commercial
Estimated Equity
-$78,030

Purchase Details

Listed on
Jan 16, 2015
Closed on
Apr 23, 2015
Sold by
Epstein Segal Llc
Bought by
Mc Ventures Gp
Seller's Agent
Micah Layman
Ware Jones, REALTORS
Buyer's Agent
Micah Layman
Ware Jones, REALTORS
List Price
$25,000
Sold Price
$16,000
Premium/Discount to List
-$9,000
-36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Orchard Grove Holdings Llc $888,000 Delta Title Services Llc
Mc Ventures Gp $32,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orchard Grove Holdings Llc $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2016 03/01/16 Sold $35,000 0.0% $25 / Sq Ft
12/29/2015 12/29/15 Pending -- -- --
12/28/2015 12/28/15 For Sale $35,000 +118.8% $25 / Sq Ft
04/29/2015 04/29/15 Sold $16,000 -36.0% $12 / Sq Ft View Prior Sale
04/23/2015 04/23/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $25,000 -- $18 / 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 -- $22,880 $3,200 $19,680
2024 $376 $11,080 $1,600 $9,480
2023 $675 $11,080 $1,600 $9,480
2022 $675 $11,080 $1,600 $9,480
2021 $683 $11,080 $1,600 $9,480
2020 $1,006 $13,880 $1,600 $12,280
2019 $1,006 $13,880 $1,600 $12,280
2018 $1,006 $13,880 $1,600 $12,280
2017 $570 $13,880 $1,600 $12,280
2016 $626 $14,320 $0 $0
2014 $626 $14,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9967900

Memphis Area Association of REALTORS®

APN: 05-2047-0-0001