NOT LISTED FOR SALE

2705 Merle St Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $86,000 - $96,000

2 Beds
1 Bath
100-999 Sq Ft
$93/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $84,000 $84 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $554/month

26 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Eat-In Kitchen
  • Partially Carpeted
  • 1-Story Property

About This Home

As of September 2023

INVESTORS ONLY!! DO NOT DISTURB TENANT. SFH Rented for $785/month, managed by a Local Professional Management Company. Lease expires 11/30/2023. Tenant moved in 11/13/2018. Renovated in October 2018 including brand new roof, HVAC, water heater (see documents). Maintenance report and tenant ledger available upon request. Showings only with accepted offer.

Last Agent to Sell the Property

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 07/05/2023

KAIZEN Realty, LLC

Last Buyer's Agent

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 07/05/2023

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $565

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 828 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Lamar View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073019 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$565

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 771A
  • MAAR Subdivision Name: LAMAR VIEW
  • Number Of Stories: 1
  • Price Per Sq Ft: 101.45
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 828
  • Year Built: 1955
  • List Price/ Sq Ft: 112
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 1

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 30
  • Acreage: 0.17
  • Lot Size: 60X125
  • Price Per Acre: 546471

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 073019 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Sep 5, 2023
Sold by
Sensenig Marcus and Sensenig Sharonda
Bought by
Veldman Jeremy R
Seller's Agent
Jeremy Veldman
KAIZEN Realty, LLC
Buyer's Agent
Jeremy Veldman
KAIZEN Realty, LLC
List Price
$92,900
Sold Price
$84,000
Premium/Discount to List
-$8,900
-9.58%
Views
153
Current Estimated Value
$92,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,679
Avg. Annual Appreciation
6.10%
Original Mortgage
$58,800
Outstanding Balance
$57,761
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$36,465

Purchase Details

Closed on
Nov 1, 2018
Sold by
Mid South Homebuyers Gp
Bought by
Sensenig Marcus and Sensenig Sharonda

Purchase Details

Closed on
Sep 6, 2018
Sold by
Force Larry H
Bought by
Mid South Homebuyers Gp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Veldman Jeremy R $84,000 Saddle Creek Title
Sensenig Marcus $62,000 Saddle Creek Title Llc
Mid South Homebuyers Gp $7,000 Saddle Creek Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veldman Jeremy R $58,800
Previous Owner Sensenig Marcus $46,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Sold $84,000 -9.6% $840 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $92,900 -- $929 / 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 $565 $25,750 $2,500 $23,250
2024 -- $16,675 $1,750 $14,925
2023 $1,016 $16,675 $1,750 $14,925
2022 $1,016 $16,675 $1,750 $14,925
2021 $1,028 $16,675 $1,750 $14,925
2020 $938 $12,950 $1,750 $11,200
2019 $414 $12,950 $1,750 $11,200
2018 $282 $8,825 $1,750 $7,075
2017 $289 $8,825 $1,750 $7,075
2016 $395 $9,050 $0 $0
2014 $395 $9,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Veldman

    Seller's Agent in 2023

    Jeremy Veldman

    KAIZEN Realty, LLC

    (901) 221-4041

    20 in this area

    216 Total Sales

    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10151525

Memphis Area Association of REALTORS®

APN: 07-3019-0-0009

Tennessee Shelby County Memphis 38118 Parkway Village

2705 Merle St, Memphis, TN

This home is located at 2705 Merle St, Memphis, TN 38118 since 05 July 2023 and is currently estimated at $92,454, approximately $92 per square foot. This property was built in 1955. 2705 Merle St is a home located in Shelby County with nearby schools including Getwell Elementary School, American Way Middle School, and Sheffield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes