NOT LISTED FOR SALE

311 Lucy Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $29,000 - $57,000

2 Beds
1 Bath
690 Sq Ft
$60/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $18,000 $26 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $228/month

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Level Lot
  • Some Wood Windows
  • Central Heating
  • Wall to Wall Carpet

About This Home

As of October 2021

595.00 expected rent. Investment property new roof, tile bath, laundry room ready for new owner.

Last Agent to Sell the Property

Bill Pointer

NuHomes License #242319 Listed on: 05/26/2021

Last Buyer's Agent

Kevin Woods

Crye-Leike, Inc., REALTORS License #354955

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $110

Year Built

  • Built in 1923

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 31x40
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 690 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Wall to Wall Carpet
  • Iron Doors
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating

Community Details

  • Meacham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 013053 00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$110

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747B
  • MAAR Subdivision Name: MEACHAM
  • List Price Per Sq Ft: 43
  • Number Of Stories: 1
  • Price Per Sq Ft: 26.09
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 690
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking Storage: Street Parking Only

Utilities

  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 8 & 9
  • Acreage: 0.02
  • Lot Size: 31X40
  • Price Per Acre: 1475000

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 013053 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Oct 20, 2021
Sold by
Butler Henry M and Butler Sharon A
Bought by
Taylor Gloria and Kimble Gina
Seller's Agent
Bill Pointer
NuHomes
Buyer's Agent
Kevin Woods
Crye-Leike, Inc., REALTORS
List Price
$37,500
Sold Price
$18,000
Premium/Discount to List
-$19,500
-52%
Current Estimated Value
$41,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,309
Avg. Annual Appreciation
23.08%
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
Taylor Gloria $18,000 Memphis Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2021 10/12/21 Sold $18,000 -39.0% $26 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/18/2021 09/18/21 Price Changed $29,500 -14.5% $43 / Sq Ft
08/27/2021 08/27/21 Price Changed $34,500 -8.0% $50 / Sq Ft
05/26/2021 05/26/21 For Sale $37,500 -- $54 / 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 $110 $4,175 $725 $3,450
2024 $110 $3,250 $750 $2,500
2023 $198 $3,250 $750 $2,500
2022 $198 $3,250 $750 $2,500
2021 $88 $3,250 $750 $2,500
2020 $237 $3,275 $750 $2,525
2019 $105 $3,275 $750 $2,525
2018 $105 $3,275 $750 $2,525
2017 $107 $3,275 $750 $2,525
2016 $140 $3,200 $0 $0
2014 $140 $3,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bill Pointer

    NuHomes

    Section Image

  • K

    Buyer's Agent in 2021

    Kevin Woods

    Crye-Leike, Inc., REALTORS

    (615) 522-2875

    2 in this area

    22 Total Sales

    Kevin Woods
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10100333

Memphis Area Association of REALTORS®

APN: 01-3053-0-0003

Tennessee Shelby County Memphis 38106 South Memphis

311 Lucy Ave, Memphis, TN

This home is located at 311 Lucy Ave, Memphis, TN 38106 since 26 May 2021 and is currently estimated at $41,309, approximately $59 per square foot. This property was built in 1923. 311 Lucy Ave is a home located in Shelby County with nearby schools including A. B. Hill Elementary School, Riverview Middle School, and Hamilton 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