$80,000
SOLD NOV 2, 2024
3 Beds
1 Bath
1,400-1,599 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

11% Below List Price

42 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Some Wood Windows
  • Wood Flooring
  • Separate Formal Living Room
  • 1 Car Attached Garage

About This Home

As of November 2024

Exceptional location! Property located directly behind the beautiful Dr W H Brewster Elementary School. Near Overton Park, the Zoo and Broad St. Art District. Situated between two newly built $300K+ residences. This super hot investment property being sold as-is. Needs total renovation & repairs but more than worth it. ARV really high. Submit proof of funds with offer. Owner/Broker

Last Agent to Sell the Property

Deborah Alexander

Evergreen Properties of Mphs License #15739 Listed on: 09/16/2024

Last Buyer's Agent

Fred Sengstacke

KAIZEN Realty, LLC License #320751

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Wood Fence
  • Chain Link Fence

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,546 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Carport
  • Workshop in Garage

Outdoor Features

  • Outdoor Storage

Utilities

  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window

Community Details

  • Merchant Hgts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 033038 00004

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 744I
  • MAAR Subdivision Name: MERCHANTS HEIGHTS
  • Number Of Stories: 1
  • Price Per Sq Ft: 51.75
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1546
  • Year Built: 1924
  • List Price/ Sq Ft: 58
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Brick Veneer, Vinyl Siding, Wood Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Workshop(s)

Utilities

  • Heating: Gas, Wall Unit

Lot Info

  • Lot Description: Wood Fenced, Chain Fenced
  • Lot Number: 19-20
  • Acreage: 0.14
  • Lot Size: 50X130
  • Price Per Acre: 642143
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 033038 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Nov 4, 2024
Sold by
Evergreen Properties Of Memphis Llc
Bought by
Robles Ivan
Seller's Agent
Deborah Alexander
Evergreen Properties of Mphs
Buyer's Agent
Fred Sengstacke
KAIZEN Realty, LLC
List Price
$90,000
Sold Price
$80,000
Premium/Discount to List
-$10,000
-11.11%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$200,000
Outstanding Balance
$198,415
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
-$112,786

Purchase Details

Listed on
Jul 1, 2024
Closed on
Aug 29, 2024
Sold by
Morris Millie
Bought by
Evergreen Properties Of Memphis Llc
Seller's Agent
Sherry Scott Chambers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Sherry Scott Chambers
Crye-Leike, Inc., REALTORS
List Price
$90,000
Sold Price
$65,000
Premium/Discount to List
-$25,000
-27.78%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
216.94%

Purchase Details

Closed on
Jun 4, 2024
Sold by
Morris Emmett Dewayne and Morris Bryan Keith
Bought by
Morris Millie

Purchase Details

Closed on
Oct 23, 2009
Sold by
Spurlock Michael R and Spurlock Mary E
Bought by
Morris Emmitt
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $80,000 None Listed On Document
Warranty Deed $65,000 Preferred Title & Escrow
Quit Claim Deed -- Preferred Title & Escrow
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 For Sale $349,900 +337.4% $159 / Sq Ft
11/02/2024 11/02/24 Sold $80,000 -11.0% $57 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/15/2024 10/15/24 Price Changed $89,900 -0.1% $64 / Sq Ft
09/27/2024 09/27/24 For Sale $90,000 0.0% $64 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $90,000 +38.5% $64 / Sq Ft
08/29/2024 08/29/24 Sold $65,000 -27.8% $46 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $90,000 -- $64 / 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 -- $27,875 $6,325 $21,550
2024 $559 $16,475 $3,000 $13,475
2023 $1,004 $16,475 $3,000 $13,475
2022 $1,004 $16,475 $3,000 $13,475
2021 $1,015 $16,475 $3,000 $13,475
2020 $737 $10,175 $3,000 $7,175
2019 $737 $10,175 $3,000 $7,175
2018 $737 $10,175 $3,000 $7,175
2017 $418 $10,175 $3,000 $7,175
2016 $388 $8,875 $0 $0
2014 $388 $8,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10181273

Memphis Area Association of REALTORS®

APN: 03-3038-0-0004