NOT LISTED FOR SALE

2605 Browning Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $81,000 - $91,000

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

Last Sold June 03, 2016

Last sale price $8,100 $8 Per Sq Ft

Est. 981% increase in value since last sale

Current estimated payment $511/month

Highlights

  • Traditional Architecture
  • 1-Story Property
  • 2-minute walk to Minnie Wagner Park
  • Central Heating and Cooling System

About This Home

As of June 2016

Impressive collection of properties being sold by single owner entity. Several desirable areas of Memphis Metro available. All parcels offered as-is/where-is with all faults and no guarantees. Buyer to satisfy due diligence prior to or during inspection period. Seller and his agents offer no knowledge or opinions regarding condition. Offers on multiple listings presented simultaneously encouraged and likely given greatest negotiation position. See full list of properties in attachments.

Last Agent to Sell the Property

George Merryfield

Leco Realty, Inc. License #285635 Listed on: 02/27/2016

Last Buyer's Agent

Joe Payne

The Peyton Co., Inc., REALTORS License #18641

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $578

Year Built

  • Built in 1952

Lot Details

  • 7,841

Home Design

  • Traditional Architecture

Interior Spaces

  • 992 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • 7,841 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • La Belle Heights Blk 31 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047035 00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$578

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Hugenot St
  • MLS Map #: 757E
  • MAAR Subdivision Name: BETHEL GROVE
  • List Price Per Sq Ft: 14
  • Number Of Stories: 1
  • Price Per Sq Ft: 8.17
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 992
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Number: 3
  • Acreage: 0.18
  • Lot Size: 53.43/53.08 X 153.4
  • Price Per Acre: 77778

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 047035 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
David Lantz
Bought by
Lantz Josiah
Current Estimated Value
$87,584

Purchase Details

Closed on
Oct 2, 2020
Sold by
Mid South Homebuyers Gp
Bought by
Lantz David

Purchase Details

Closed on
Mar 18, 2020
Sold by
Cole Sherman
Bought by
Mid South Homebuyers Gp

Purchase Details

Listed on
Feb 27, 2016
Closed on
Jun 6, 2016
Sold by
Wim Real Estate Investments I Llc
Bought by
Cole Sherman
Seller's Agent
George Merryfield
Leco Realty, Inc.
Buyer's Agent
Joe Payne
The Peyton Co., Inc., REALTORS
List Price
$14,000
Sold Price
$8,100
Premium/Discount to List
-$5,900
-42.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.86%

Purchase Details

Closed on
Aug 2, 2013
Sold by
Fairway Capital Partners Llc
Bought by
Wlm Real Estate Investments I Llc

Purchase Details

Closed on
Jun 1, 2007
Sold by
Almond Melvin E
Bought by
Ginn Robert

Purchase Details

Closed on
Sep 11, 2006
Sold by
Suntrust Bank
Bought by
Almond Melvin E

Purchase Details

Closed on
Jul 21, 2000
Sold by
L & S Enterprises Of Tn Llc
Bought by
Thomas Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,525
Interest Rate
8.3%

Purchase Details

Closed on
Oct 21, 1999
Sold by
Mickey Robinson and Mickey Rhonda
Bought by
Hud
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
Lantz Josiah $71,000 Saddle Creek Title
Lantz David $71,200 Saddle Creek Title
Mid South Homebuyers Gp $19,000 Saddle Creek Title Llc
Cole Sherman $8,100 None Available
Wlm Real Estate Investments I Llc $59,825 None Available
Fairway Capital Partners Llc $104,000 None Available
Ginn Robert $51,000 Southworth Title & Escrow Ll
Almond Melvin E $22,900 None Available
Thomas Michael A $45,000 --
Hud $39,795 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Michael A $45,525
Closed Thomas Michael A $2,651
Closed Mid South Homebuyers Gp $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2016 06/03/16 Sold $8,100 -42.1% $8 / Sq Ft
05/15/2016 05/15/16 Pending -- -- --
02/27/2016 02/27/16 For Sale $14,000 -- $14 / 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 $578 $22,325 $2,450 $19,875
2024 $578 $17,050 $1,125 $15,925
2023 $1,039 $17,050 $1,125 $15,925
2022 $1,039 $17,050 $1,125 $15,925
2021 $588 $17,050 $1,125 $15,925
2020 $270 $8,450 $1,125 $7,325
2019 $270 $8,450 $1,125 $7,325
2018 $270 $8,450 $1,125 $7,325
2017 $276 $8,450 $1,125 $7,325
2016 $270 $6,175 $0 $0
2014 $270 $6,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    George Merryfield

    Leco Realty, Inc.

    (901) 289-6772

    21 Total Sales

    George Merryfield
    Section Image

  • J

    Buyer's Agent in 2016

    Joe Payne

    The Peyton Co., Inc., REALTORS

    (901) 461-8543

    5 Total Sales

    Joe Payne
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9971376

Memphis Area Association of REALTORS®

APN: 04-7035-0-0008

Tennessee Shelby County Memphis 38114 Southeast Memphis

2605 Browning Ave, Memphis, TN

This home is located at 2605 Browning Ave, Memphis, TN 38114 since 27 February 2016 and is currently estimated at $87,584, approximately $88 per square foot. This property was built in 1952. 2605 Browning 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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