NOT LISTED FOR SALE

2588 Hale Ave Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $243,000 - $264,000

3 Beds
2.5 Baths
1,800-1,999 Sq Ft
$129/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $220,000 $110 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,471/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Breakfast Bar
  • 1 Fireplace
  • Porch
  • Central Heating and Cooling System

About This Home

As of February 2020

For comparable purposes only

Last Agent to Sell the Property

Robert Grisham

Bluff City Realty Group, LLC License #322147 Listed on: 01/17/2020

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 125
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,996 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • 1 Fireplace
  • Some Wood Windows
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Merchant Hgts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 033037 00014

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MERCHANTS HEIGHTS
  • List Price Per Sq Ft: 110
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1996
  • Year Built: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Floors/Ceilings: Smooth Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Breakfast Bar
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 88
  • Acreage: 0.17
  • Lot Size: 60 X 125

Tax Info

  • Assessor Parcel Number: 033037 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Feb 14, 2020
Sold by
Haltom Drew and Haltom Laura
Bought by
Hart Justin and Hart Danielle M
Seller's Agent
Robert Grisham
Bluff City Realty Group, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$257,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,714
Avg. Annual Appreciation
2.62%
Original Mortgage
$220,000
Outstanding Balance
$194,416
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$63,298

Purchase Details

Closed on
Jan 28, 2011
Sold by
Bridges Avery
Bought by
Haltom Drew and Haltom Laura

Purchase Details

Closed on
Jul 22, 2004
Sold by
Morris Rodney and Mullins Carolyn
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
Jun 10, 1997
Sold by
Williams Elsa B
Bought by
Morris Rodney D and Mullins Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,297
Interest Rate
8.01%
Mortgage Type
FHA
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
Hart Justin $220,000 Coventry Escrow & Ttl Co Llc
Haltom Drew $10,000 Multiple
Tennessee Housing Development Agency $7,098 --
Morris Rodney D $48,000 Lawyers Title Insurance Corp
Morris Rodney D $48,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Justin $220,000
Previous Owner Morris Rodney D $49,297
Closed Morris Rodney D $1,832
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2020 02/14/20 Sold $220,000 0.0% $122 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $220,000 -- $122 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,387 $58,125 $6,325 $51,800
2024 $1,387 $40,900 $3,000 $37,900
2023 $2,491 $40,900 $3,000 $37,900
2022 $2,491 $40,900 $3,000 $37,900
2021 $1,411 $40,900 $3,000 $37,900
2020 $1,360 $18,775 $3,000 $15,775
2019 $600 $18,775 $3,000 $15,775
2018 $600 $18,775 $3,000 $15,775
2017 $614 $18,775 $3,000 $15,775
2016 $788 $18,025 $0 $0
2014 $788 $18,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Robert Grisham

    Bluff City Realty Group, LLC

    (901) 230-1255

    3 in this area

    59 Total Sales

    Robert Grisham
    Section Image

  • N

    Buyer's Agent in 2020

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10071062

Memphis Area Association of REALTORS®

APN: 03-3037-0-0014

Tennessee Shelby County Memphis 38112 Binghampton

2588 Hale Ave, Memphis, TN

Not Listed for Sale

Detached

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