NOT LISTED FOR SALE

2679 Marlene St Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $55,000 - $101,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$49/Sq Ft Est. Value

Last Sold November 29, 2022

Last sale price $50,000 $31 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $482/month

70 Days on Market

Highlights

  • Two Primary Bathrooms
  • Level Lot
  • 1-Story Property

About This Home

As of November 2022

Walk into long term cash flow of $950 per month by Nonconnah Creek ! Translates into 19% cash on cash return !! Excellent tenant living at property since 2016, just renewed for 2 more years. 2666 Merle (1 block over) much smaller comp and sold in June @ $102K. Cash offers only, no financing contingencies, no contract assignments. All inspections and due diligence to be done before presenting an offer. Seller prefers both sides to use same title company. Call listing agent with any questions.

Last Agent to Sell the Property

Tyler Bowman

Weichert, REALTORS-BenchMark License #333215 Listed on: 09/07/2022

Weichert, REALTORS-BenchMark

Last Buyer's Agent

Rolanda Smith

Bespoke Realty License #368528

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 59x125
  • Level Lot

Parking

  • Driveway

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,506 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Two Primary Bathrooms
  • 2 Full Bathrooms

Community Details

  • Lamar View 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073020 00004

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: LAMAR VIEW
  • List Price Per Sq Ft: 40
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1506
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, 2 Full Primary Baths, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 106
  • Acreage: 0.16
  • Lot Size: 59X125

Tax Info

  • Assessor Parcel Number: 073020 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Nov 29, 2022
Sold by
Py Properties Llc
Bought by
Garcia Hector
Seller's Agent
Tyler Bowman
Weichert, REALTORS-BenchMark
Buyer's Agent
Rolanda Smith
Bespoke Realty
List Price
$69,900
Sold Price
$50,000
Premium/Discount to List
-$19,900
-28.47%
Views
77
Current Estimated Value
$87,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,524
Avg. Annual Appreciation
15.48%

Purchase Details

Listed on
Sep 7, 2022
Closed on
Oct 4, 2022
Sold by
Relief Effort Llc
Bought by
Py Properties Llc
Seller's Agent
Tyler Bowman
Weichert, REALTORS-BenchMark
Buyer's Agent
Rolanda Smith
Bespoke Realty
List Price
$69,900
Sold Price
$50,000
Premium/Discount to List
-$19,900
-28.47%
Views
77

Purchase Details

Closed on
May 31, 2017
Sold by
East Judy and East Kenneth
Bought by
Relief Effort Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,197
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 1994
Sold by
Howard Bill L and Howard Jennifer Howard
Bought by
East Kenneth E and East Judy C
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
Garcia Hector $50,000 Omega Title And Escrow Service
Py Properties Llc $34,200 None Listed On Document
Relief Effort Llc $22,000 None Available
East Kenneth E $35,000 --
East Kenneth E $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Relief Effort Llc $21,197
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2022 11/29/22 Sold $50,000 -16.5% $36 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
10/04/2022 10/04/22 Price Changed $59,900 -14.3% $43 / Sq Ft
09/07/2022 09/07/22 For Sale $69,900 -- $50 / 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 $290 $18,075 $2,500 $15,575
2024 $290 $8,550 $1,750 $6,800
2023 $521 $8,550 $1,750 $6,800
2022 $521 $8,550 $1,750 $6,800
2021 $619 $8,550 $1,750 $6,800
2020 $701 $9,675 $1,750 $7,925
2019 $309 $9,675 $1,750 $7,925
2018 $309 $9,675 $1,750 $7,925
2017 $317 $9,675 $1,750 $7,925
2016 $438 $10,025 $0 $0
2014 $438 $10,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Bowman

    Seller's Agent in 2022

    Tyler Bowman

    Weichert, REALTORS-BenchMark

    (901) 517-8564

    1 in this area

    105 Total Sales

    Tyler Bowman
    Section Image

  • R

    Buyer's Agent in 2022

    Rolanda Smith

    Bespoke Realty

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10132911

Memphis Area Association of REALTORS®

APN: 07-3020-0-0004

Tennessee Shelby County Memphis 38118 Parkway Village

2679 Marlene St, Memphis, TN

Not Listed for Sale

Detached

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