NOT LISTED FOR SALE

278 Red Oak St Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $93,000 - $102,319

2 Beds
1 Bath
100-999 Sq Ft
$97/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $120,000 $120 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $601/month

101 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Landscaped
  • Wood Flooring
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of July 2022

BACK ON THE MARKET!! Hurry & Check out this Charming 2bdrm 1 bth home completely renovated and move in ready! This home is situated in the middle of the sought out UDistrict neighborhood boarding Midtown & Overton park. This neigborhood value is on the rise. Big backyard, New Floors, New Hvac, and Brand new Stove and Refrigerator. Also great for an First Time Homebuyer or investor. Beautiful home a must see! FHA, Conventional, or Cash!

Last Agent to Sell the Property

Tanisha Erby

KAIZEN Realty, LLC License #340884 Listed on: 03/04/2022

KAIZEN Realty, LLC

Last Buyer's Agent

Cole Glover

Keller Williams License #354486

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $318

Year Built

  • Built in 1948

Lot Details

  • Wood Fence
  • Landscaped

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 100-999 Sq Ft Home
  • 700 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Prosperity Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$318

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 754A
  • MAAR Subdivision Name: Prosperity Park
  • List Price Per Sq Ft: 171
  • Number Of Stories: 1
  • Price Per Sq Ft: 171.43
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 700
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs, Smoke Detector(s)
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Hardwood Floor

Exterior Features

  • Misc Exterior: Wood Fence
  • Exterior Windows: Brick Veneer, Vinyl Siding

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Landscaped
  • Lot Size: 5200

Multi Family

  • Number Of Rooms: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Jul 25, 2022
Sold by
Demetrious Williams
Bought by
May Nathaniel
Seller's Agent
Tanisha Erby
KAIZEN Realty, LLC
Buyer's Agent
Cole Glover
Keller Williams
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$104,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,239
Avg. Annual Appreciation
-3.11%
Original Mortgage
$114,000
Outstanding Balance
$109,639
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
-$764

Purchase Details

Closed on
Oct 15, 2018
Sold by
County Of Shelby
Bought by
Williams Demetrious

Purchase Details

Closed on
Sep 24, 2009
Sold by
Graham James
Bought by
Fortune Creek Investments Llc
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
May Nathaniel $120,000 Preferred Title & Escrow
Williams Demetrious $7,080 None Available
Fortune Creek Investments Llc $4,000 Fidelity Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Nathaniel $114,000
Previous Owner Graham James $38,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $120,000 0.0% $1,200 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $120,000 -- $1,200 / 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 $318 $28,875 $2,500 $26,375
2024 $318 $9,375 $1,250 $8,125
2023 $571 $9,375 $1,250 $8,125
2022 $279 $4,575 $1,250 $3,325
2021 $331 $4,575 $1,250 $3,325
2020 $281 $3,875 $1,250 $2,625
2019 $124 $3,875 $1,250 $2,625
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $170 $3,900 $0 $0
2014 $170 $3,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tanisha Erby

    KAIZEN Realty, LLC

    (901) 653-6195

    2 in this area

    48 Total Sales

    Section Image
  • Cole Glover

    Buyer's Agent in 2022

    Cole Glover

    Keller Williams

    (901) 579-9285

    1 in this area

    35 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10123125

Memphis Area Association of REALTORS®

APN: 03-7031-0-0023

Tennessee Shelby County Memphis 38112 Binghampton

278 Red Oak St, Memphis, TN

This home is located at 278 Red Oak St, Memphis, TN 38112 since 04 March 2022 and is currently estimated at $96,830, approximately $96 per square foot. This property was built in 1948. 278 Red Oak St is a home located in Shelby County with nearby schools including Treadwell Middle School, Douglass High School, and Cornerstone Prep - Lester Campus.

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