NOT LISTED FOR SALE

2721 Marlene St Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $61,000 - $80,000

2 Beds
1 Bath
865 Sq Ft
$81/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $68,750 $79 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $401/month

21 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Combination Dining and Living Room
  • Traditional Architecture
  • Some Wood Windows
  • Wood Fence

About This Home

As of November 2021

Great investment opportunity or starter home! Has always had great rental history and excellent ROI. Home features hardwood floors, newer roof, central heat, large fenced in backyard, covered parking, and many other upgrades. Move in ready, close to airport and shopping! Seller to review all offers Tuesday night 10/26.

Last Agent to Sell the Property

Amy Williams

Groome & Co. License #257508 Listed on: 10/06/2021

Last Buyer's Agent

Randy Coleman

BHHS Taliesyn Realty License #362696

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $244

Year Built

  • Built in 1951

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 59x125
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Wooded Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 865 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Shared Heating and Cooling
  • Gas Water Heater

Community Details

  • Lamar View 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073020 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$244

Year Built

Built in 1951

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
  • List Price Per Sq Ft: 72
  • Number Of Stories: 1
  • Price Per Sq Ft: 79.48
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 865
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Wood Fence, Chain Fence
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Common Heat System
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Wooded, Some Trees, Level, Wood Fenced, Chain Fenced
  • Lot Number: 99
  • Acreage: 0.16
  • Lot Size: 59X125
  • Price Per Acre: 390625

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 073020 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2024
Sold by
King Real Estate Solutions Llc
Bought by
King Zaffrenarda Lamechi
Current Estimated Value
$69,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2023
Sold by
Calabria Family Trust
Bought by
King Real Estate Solutions

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
6.35%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 14, 2022
Sold by
Calabria Ernest I and Calabria Ann
Bought by
Calabria Family Trust

Purchase Details

Listed on
Oct 6, 2021
Closed on
Nov 5, 2021
Sold by
Robinson David L and Robinson Nichole M
Bought by
Calabria Ernest L and Calabria Ann
Seller's Agent
Amy Williams
Groome & Co.
Buyer's Agent
Randy Coleman
BHHS Taliesyn Realty
List Price
$62,500
Sold Price
$68,750
Premium/Discount to List
$6,250
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%

Purchase Details

Closed on
Feb 14, 2020
Sold by
Robinson David
Bought by
Robinson David L and Robinson Nichole M

Purchase Details

Listed on
Nov 1, 2016
Closed on
Jun 30, 2017
Sold by
Pmw Properties Llc
Bought by
Robinson David
Seller's Agent
George Merryfield
Leco Realty, Inc.
Buyer's Agent
George Merryfield
Leco Realty, Inc.
List Price
$28,900
Sold Price
$15,000
Premium/Discount to List
-$13,900
-48.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.94%
Original Mortgage
$15,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 1, 2016
Closed on
Jun 15, 2017
Sold by
Wim Real Estate Investment I Llc
Bought by
Pmw Properties Llc
Seller's Agent
George Merryfield
Leco Realty, Inc.
Buyer's Agent
George Merryfield
Leco Realty, Inc.
List Price
$28,900
Sold Price
$15,000
Premium/Discount to List
-$13,900
-48.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

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

Purchase Details

Closed on
Jun 17, 2009
Sold by
Boone Jeffrey M and Boone Richard B
Bought by
Fairway Capital Partners Llc

Purchase Details

Closed on
Jan 20, 2000
Sold by
Simpson Tameka L
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
Nov 28, 1994
Bought by
Simpson Tameka L
Source: Public Records

Range of Values:

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Average Value
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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
King Zaffrenarda Lamechi -- Beeline Title Llc
King Real Estate Solutions $60,000 None Listed On Document
Calabria Family Trust -- None Listed On Document
Calabria Ernest L $68,750 None Available
Robinson David L -- None Available
Robinson David $24,000 Close Track Closing & Title
Robinson David $24,000 Clsetrak Clsoing & Title Svc
Pmw Properties Llc $15,000 None Available
Wim Real Estate Investments I Llc $430,307 None Available
Fairway Capital Partners Llc -- None Available
Tennessee Housing Development Agency $42,943 --
Simpson Tameka L $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Zaffrenarda Lamechi $82,500
Previous Owner King Real Estate Solutions $76,800
Previous Owner Pmw Properties Llc $15,000
Previous Owner Boone Jeffrey M $34,750
Previous Owner Boone Jeffrey M $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $68,750 +10.0% $79 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $62,500 +316.7% $72 / Sq Ft
06/15/2017 06/15/17 Sold $15,000 -48.1% $17 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
11/01/2016 11/01/16 For Sale $28,900 -- $33 / 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 $244 $13,925 $2,500 $11,425
2024 $244 $7,200 $1,750 $5,450
2023 $439 $7,200 $1,750 $5,450
2022 $439 $7,200 $1,750 $5,450
2021 $248 $7,200 $1,750 $5,450
2020 $656 $9,050 $1,750 $7,300
2019 $289 $9,050 $1,750 $7,300
2018 $289 $9,050 $1,750 $7,300
2017 $296 $9,050 $1,750 $7,300
2016 $395 $9,050 $0 $0
2014 $395 $9,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Williams

    Seller's Agent in 2021

    Amy Williams

    Groome & Co.

    (901) 591-7800

    4 in this area

    66 Total Sales

    Amy Williams
    Section Image

  • R

    Buyer's Agent in 2021

    Randy Coleman

    BHHS Taliesyn Realty

    Section Image

  • G

    Seller's Agent in 2017

    George Merryfield

    Leco Realty, Inc.

    (901) 289-6772

    21 Total Sales

    George Merryfield
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10110139

Memphis Area Association of REALTORS®

APN: 07-3020-0-0011

Tennessee Shelby County Memphis 38118 Parkway Village

2721 Marlene St, Memphis, TN

This home is located at 2721 Marlene St, Memphis, TN 38118 since 06 October 2021 and is currently estimated at $69,948, approximately $80 per square foot. This property was built in 1951. 2721 Marlene 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.

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