NOT LISTED FOR SALE

2747 Jolson Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $94,052 - $99,000

3 Beds
1 Bath
975 Sq Ft
$100/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $73,900 $76 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $565/month

Highlights

  • Updated Kitchen
  • Den
  • Central Heating and Cooling System
  • Traditional Architecture
  • Some Wood Windows
  • 1-Story Property

About This Home

As of December 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2020 standards! Target rent = $725 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 09/28/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 62x136
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 975 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Laminate Flooring
  • Iron Doors
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Bethel Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059032 00013

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BETHEL GROVE
  • List Price Per Sq Ft: 76
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 975
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Master Bedroom: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 69
  • Acreage: 0.17
  • Lot Size: 62X136

Tax Info

  • Assessor Parcel Number: 059032 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Dec 19, 2020
Sold by
Memphis Investment Properties Ii Llc
Bought by
Chin Jason
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$73,900
Sold Price
$73,900
Current Estimated Value
$98,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,775
Avg. Annual Appreciation
5.53%
Original Mortgage
$59,120
Outstanding Balance
$52,634
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$44,379

Purchase Details

Listed on
Jul 20, 2020
Closed on
Aug 21, 2020
Sold by
Jeter Slater
Bought by
Memphis Investment Properties Ii Llc
Seller's Agent
Jo Mathes
Pinnacle Realty
Buyer's Agent
Jo Mathes
Pinnacle Realty
List Price
$39,500
Sold Price
$28,400
Premium/Discount to List
-$11,100
-28.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1713.69%
Original Mortgage
$60,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2017
Sold by
Brandon Michael Lewis and Johnson Janet
Bought by
Jeter Slater

Purchase Details

Closed on
Sep 22, 2015
Sold by
Brandon Timothy Michael
Bought by
Brandon Michael Lewis and Johnson Janet

Purchase Details

Closed on
Mar 6, 2013
Sold by
Johnson Janet and Brandon Michael Lewis
Bought by
Brandon Barry Keith
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
Chin Jason $73,900 Delta Title Services Llc
Memphis Investment Properties Ii Llc $25,000 Delta Title Services Llc
Jeter Slater $5,000 Executive Title & Closing
Brandon Michael Lewis -- Attorney
Brandon Barry Keith -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chin Jason $59,120
Previous Owner Memphis Investment Properties Ii Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2020 12/21/20 Sold $73,900 0.0% $76 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $73,900 +160.2% $76 / Sq Ft
08/24/2020 08/24/20 Sold $28,400 -28.0% $284 / Sq Ft View Prior Sale
08/03/2020 08/03/20 Pending -- -- --
07/30/2020 07/30/20 Price Changed $39,450 -0.1% $395 / Sq Ft
07/20/2020 07/20/20 For Sale $39,500 -- $395 / 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 $589 $24,250 $2,450 $21,800
2024 $589 $17,375 $1,000 $16,375
2023 $1,058 $17,375 $1,000 $16,375
2022 $1,058 $17,375 $1,000 $16,375
2021 $1,258 $17,375 $1,000 $16,375
2020 $217 $6,775 $1,000 $5,775
2019 $217 $6,775 $1,000 $5,775
2018 $217 $6,775 $1,000 $5,775
2017 $222 $6,775 $1,000 $5,775
2016 $322 $7,375 $0 $0
2014 $322 $7,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2020

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    10 in this area

    350 Total Sales

    Jim Reedy
    Section Image
  • Jo Mathes

    Seller's Agent in 2020

    Jo Mathes

    Pinnacle Realty

    (901) 490-0092

    1 in this area

    76 Total Sales

    Jo Mathes
    Section Image

  • B

    Buyer's Agent in 2020

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    10 in this area

    365 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10085857

Memphis Area Association of REALTORS®

APN: 05-9032-0-0013

Tennessee Shelby County Memphis 38114 Southeast Memphis

2747 Jolson Ave, Memphis, TN

Not Listed for Sale

Detached

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