NOT LISTED FOR SALE

2618 Walnut Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $116,000 - $128,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$86/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $120,000 $86 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $696/month

41 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System
  • Wood Flooring
  • Living Room
  • Remodeled Bathroom

About This Home

As of July 2024

Great addition to your portfolio, MHA occupied for $1298.00 until 10-31-2024. House was completely renovated in 2023, New Roof, Hot Water Heater, HVAC, Furnace and Condenser, Complete interior repaint, new flooring, new kitchen and bathroom. Sewer line replaced 4-2024. DO NOT DISTURB TENANT. Walkthrough and inspections with accepted contract.

Last Agent to Sell the Property

Brett Bernard

The Stamps Real Estate Company License #346958 Listed on: 05/06/2024

Last Buyer's Agent

Joshua Cooper

Sowell, Realtors License #331551

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $360

Year Built

  • Built in 1956

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70x150
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,208 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Living Room

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall

Utilities

  • Central Heating and Cooling System

Community Details

  • James Blk 9 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 083026 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$360

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 734B
  • MAAR Subdivision Name: JAMES
  • Number Of Stories: 1
  • Price Per Sq Ft: 99.34
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1208
  • Year Built: 1956
  • List Price/ Sq Ft: 103
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 2
  • Acreage: 0.24
  • Lot Size: 70X150
  • Price Per Acre: 520833

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 083026 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Jun 17, 2024
Sold by
Schmoop Llc
Bought by
Gcp Rentals Llc
Seller's Agent
Brett Bernard
The Stamps Real Estate Company
Buyer's Agent
Joshua Cooper
Sowell, Realtors
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Views
44
Current Estimated Value
$121,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,522
Avg. Annual Appreciation
0.86%
Original Mortgage
$96,000
Outstanding Balance
$95,114
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$26,035

Purchase Details

Closed on
Aug 16, 2023
Sold by
Gaither Kevin Shawn and Gaither Lainie Katrina
Bought by
Schmoop Llc

Purchase Details

Closed on
Apr 21, 2022
Sold by
Liberty Bank And Trust Company
Bought by
T & S Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.38%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 24, 2015
Sold by
Turner Jesse H and Thomas Shawn
Bought by
Tri State Bank Of Memphis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 16, 2012
Sold by
Hurd Janice L and Davis Esterine L
Bought by
Gunn Byron and Clayton Derron

Purchase Details

Closed on
Mar 26, 2003
Sold by
Williams Jerry L and Williams Sharon
Bought by
Gunn Byron

Purchase Details

Closed on
Jul 23, 2001
Sold by
Gunn Byron
Bought by
Williams Jerry L and Williams Sharon

Purchase Details

Closed on
Dec 10, 1998
Sold by
Williams Jerry L and Williams Sharon
Bought by
Gunn Byron
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
Gcp Rentals Llc $120,000 Title Assurance & Escrow
Schmoop Llc -- Title Assurance & Escrow
T & S Real Estate Llc $18,000 Chicago Title
Tri State Bank Of Memphis $21,000 None Available
Gunn Byron -- None Available
Gunn Byron $8,400 American Title Company Inc
Williams Jerry L -- --
Gunn Byron $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gcp Rentals Llc $96,000
Previous Owner T & S Real Estate Llc $65,000
Previous Owner T & S Real Estate Llc $25,000
Previous Owner Gunn Byron $20,000
Previous Owner Gunn Byron $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $120,000 -4.0% $100 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $125,000 +4.2% $104 / Sq Ft
05/06/2024 05/06/24 Off Market $120,000 -- --
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 $360 $30,075 $1,725 $28,350
2024 $360 $10,625 $1,525 $9,100
2023 $647 $10,625 $1,525 $9,100
2022 $647 $10,625 $1,525 $9,100
2021 $769 $10,625 $1,525 $9,100
2020 $629 $8,675 $1,525 $7,150
2019 $277 $8,675 $1,525 $7,150
2018 $277 $8,675 $1,525 $7,150
2017 $284 $8,675 $1,525 $7,150
2016 $375 $8,575 $0 $0
2014 $375 $8,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brett Bernard

    Seller's Agent in 2024

    Brett Bernard

    The Stamps Real Estate Company

    (901) 692-7401

    19 in this area

    224 Total Sales

    Section Image
  • Joshua Cooper

    Buyer's Agent in 2024

    Joshua Cooper

    Sowell, Realtors

    (901) 871-1204

    4 in this area

    138 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10171763

Memphis Area Association of REALTORS®

APN: 08-3026-0-0021

Tennessee Shelby County Memphis 38128 Raleigh

2618 Walnut Rd, Memphis, TN

This home is located at 2618 Walnut Rd, Memphis, TN 38128 since 06 May 2024 and is currently estimated at $120,860, approximately $86 per square foot. This property was built in 1956. 2618 Walnut Rd is a home located in Shelby County with nearby schools including Scenic Hills Elementary School, Raleigh Egypt High School, and Coleman School.

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