NOT LISTED FOR SALE

2875 Montague Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $70,452 - $85,000

3 Beds
1 Bath
100-999 Sq Ft
$80/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $9,900 $10 Per Sq Ft

Est. 704% increase in value since last sale

Current estimated payment $463/month

54 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • Separate Formal Living Room
  • Level Lot

About This Home

As of March 2015

Great potential in this stucco low maintenance home featuring living/ dining combo, kitchen with lots of cabinets, laundry area, 3 bedrooms, 1 bath, double carport, and large back yard perfect for the kids to play. Walk to neighborhood stores, churches, recreational parks and transportation hubs.

Last Agent to Sell the Property

Carol Tate

Tate Realty and Construction License #56037 Listed on: 01/22/2015

Last Buyer's Agent

Kenneth Tate

Tate Realty and Construction License #56020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $381

Year Built

  • Built in 1953

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Stucco Exterior

Interior Spaces

  • 100-999 Sq Ft Home
  • 900 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Rear-Facing Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • Fairlawn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059026 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$381

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 757G
  • MAAR Subdivision Name: BETHEL GROVE
  • List Price Per Sq Ft: 17
  • Number Of Stories: 1
  • Price Per Sq Ft: 11
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 900
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Exterior Windows: Stucco

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Back-Load Garage

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 98
  • Acreage: 0.17
  • Lot Size: 7524
  • Price Per Acre: 91176

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 059026 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2015
Closed on
Mar 25, 2015
Sold by
Fannie Mae
Bought by
Berry Ontario and Berry Felicia
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Kenneth Tate
Tate Realty and Construction
List Price
$19,500
Sold Price
$9,900
Premium/Discount to List
-$9,600
-49.23%
Current Estimated Value
$79,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,713
Avg. Annual Appreciation
22.95%

Purchase Details

Listed on
Jan 22, 2015
Closed on
Feb 13, 2015
Sold by
Harris Sahnna and Harris Untonia
Bought by
Federal National Mortgage Association
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Kenneth Tate
Tate Realty and Construction
List Price
$19,500
Sold Price
$9,900
Premium/Discount to List
-$9,600
-49.23%

Purchase Details

Listed on
Jan 22, 2015
Closed on
Feb 11, 2015
Sold by
Harris Sahnna and Harris Untonia
Bought by
Federal National Mortgage Association
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Kenneth Tate
Tate Realty and Construction
List Price
$19,500
Sold Price
$9,900
Premium/Discount to List
-$9,600
-49.23%

Purchase Details

Closed on
Nov 9, 2007
Sold by
2875 Montague Avenue Llc
Bought by
Harris Sahnna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2007
Sold by
Acred Mary Sue
Bought by
2875 Montague Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,679
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2007
Sold by
Gravette Velma
Bought by
Acred Mary Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,679
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Berry Ontario $9,900 None Available
Federal National Mortgage Association $88,510 None Available
Federal National Mortgage Association $88,510 None Available
Harris Sahnna $62,000 None Available
2875 Montague Avenue Llc $12,000 None Available
Acred Mary Sue -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Sahnna $62,000
Previous Owner 2875 Montague Avenue Llc $31,679
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $9,900 -49.2% $99 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $19,500 -- $195 / 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 $381 $14,000 $2,450 $11,550
2024 $381 $11,250 $1,000 $10,250
2023 $685 $11,250 $1,000 $10,250
2022 $685 $11,250 $1,000 $10,250
2021 $693 $11,250 $1,000 $10,250
2020 $466 $6,425 $1,000 $5,425
2019 $466 $6,425 $1,000 $5,425
2018 $466 $6,425 $1,000 $5,425
2017 $264 $6,425 $1,000 $5,425
2016 $296 $6,775 $0 $0
2014 $296 $6,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Carol Tate

    Tate Realty and Construction

    (901) 458-4663

    1 in this area

    37 Total Sales

    Carol Tate
    Section Image

  • K

    Buyer's Agent in 2015

    Kenneth Tate

    Tate Realty and Construction

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9943793

Memphis Area Association of REALTORS®

APN: 05-9026-0-0012

Tennessee Shelby County Memphis 38114 Southeast Memphis

2875 Montague Ave, Memphis, TN

This home is located at 2875 Montague Ave, Memphis, TN 38114 since 22 January 2015 and is currently estimated at $79,613, approximately $79 per square foot. This property was built in 1953. 2875 Montague Ave is a home located in Shelby County with nearby schools including Cherokee Elementary School, Sherwood Middle, and Melrose High School.

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