NOT LISTED FOR SALE

2628 Lowell Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $68,000 - $119,000

2 Beds
2 Baths
1,291 Sq Ft
$71/Sq Ft Est. Value

Last Sold June 13, 2016

Last sale price $12,000 $9 Per Sq Ft

Est. 669% increase in value since last sale

Current estimated payment $538/month

12 Days on Market

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: 05/03/2016

Last Buyer's Agent

George Merryfield

Leco Realty, Inc. License #285635 Listed on: 05/03/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $429

Year Built

  • Built in 1945

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 56x153.4

Interior Spaces

  • 1,291 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating

Community Details

  • La Belle Heights Blk 83 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047047 00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$429

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 757E
  • MAAR Subdivision Name: BETHEL GROVE
  • List Price Per Sq Ft: 12
  • Number Of Stories: 1
  • Price Per Sq Ft: 9.3
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1291
  • Year Built: 1945
  • 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: 2
  • Total Bathrooms: 2

Utilities

  • Heating: Central

Lot Info

  • Lot Number: 2
  • Acreage: 0.19
  • Lot Size: 56X153.4
  • Price Per Acre: 78947

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 047047 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2018
Sold by
Cunningham James A
Bought by
Jcc Investment Llc
Current Estimated Value
$92,254

Purchase Details

Listed on
May 3, 2016
Closed on
Jun 13, 2016
Sold by
Wim Real Estate Investments I Llc
Bought by
Cunningham James A
Seller's Agent
George Merryfield
Leco Realty, Inc.
Buyer's Agent
George Merryfield
Leco Realty, Inc.
List Price
$15,000
Sold Price
$12,000
Premium/Discount to List
-$3,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.64%

Purchase Details

Closed on
Aug 2, 2013
Sold by
Capital Partners Llc
Bought by
Wim Real Estate Investmens Llc

Purchase Details

Closed on
Jul 5, 2011
Sold by
Ginn Robert J and Ginn Janice L
Bought by
Affordable Properties Llc

Purchase Details

Closed on
Nov 15, 2004
Sold by
Crescent Contracting Co Inc
Bought by
Ginn Robert

Purchase Details

Closed on
Mar 12, 2002
Sold by
Baker Charles P and Baker Deborah
Bought by
Crescent Contracting Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.98%

Purchase Details

Closed on
Aug 14, 2001
Sold by
Baker Richard D
Bought by
Baker Charles P and Strickman Levitas Deron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,800
Interest Rate
7.19%

Purchase Details

Closed on
Aug 8, 1997
Sold by
Baker Charles
Bought by
Baker Richard D
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
Jcc Investment Llc -- Saddle Creek Title Llc
Cunningham James A $12,000 None Available
Wim Real Estate Investmens Llc $62,056 None Available
Affordable Properties Llc -- None Available
Ginn Robert $39,000 --
Crescent Contracting Company Inc -- --
Baker Charles P $37,000 --
Baker Richard D $26,024 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ginn Robert James $52,700
Previous Owner Crescent Contracting Company Inc $52,000
Previous Owner Baker Charles P $48,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2016 06/13/16 Sold $12,000 -20.0% $9 / Sq Ft
05/15/2016 05/15/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $15,000 -- $12 / 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 $429 $23,150 $2,450 $20,700
2024 $429 $12,650 $1,125 $11,525
2023 $771 $12,650 $1,125 $11,525
2022 $771 $12,650 $1,125 $11,525
2021 $780 $12,650 $1,125 $11,525
2020 $636 $8,775 $1,125 $7,650
2019 $280 $8,775 $1,125 $7,650
2018 $280 $8,775 $1,125 $7,650
2017 $287 $8,775 $1,125 $7,650
2016 $262 $6,000 $0 $0
2014 $262 $6,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    George Merryfield

    Leco Realty, Inc.

    (901) 289-6772

    22 Total Sales

    George Merryfield
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9976267

Memphis Area Association of REALTORS®

APN: 04-7047-0-0020

Tennessee Shelby County Memphis 38114 Southeast Memphis

2628 Lowell Ave, Memphis, TN

This home is located at 2628 Lowell Ave, Memphis, TN 38114 since 03 May 2016 and is currently estimated at $92,254, approximately $71 per square foot. This property was built in 1945. 2628 Lowell 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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