NOT LISTED FOR SALE

371 Glencoe Rd Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $55,000 - $79,000

3 Beds
1 Bath
888 Sq Ft
$77/Sq Ft Est. Value

Last Sold June 23, 2015

Last sale price $16,000 $18 Per Sq Ft

Est. 328% increase in value since last sale

Current estimated payment $386/month

Highlights

  • Traditional Architecture
  • Porch
  • Combination Dining and Living Room
  • Wood Flooring
  • Central Heating
  • Wood Fence

About This Home

As of June 2015

GREAT HOME FOR INVESTORS!! Property is almost completely remodeled, just minor work needed($500 or so) and this home will be ready to rent. Nice hardwoods, 3 bedrooms, new kitchen floor, bathroom tile, kitchen cabinets and countertops, etc. OWNER/AGENT, Call 901-619-4145. Make an offer!!

Last Agent to Sell the Property

Frank Malvezzi

CB Properties of Memphis, LLC License #264358 Listed on: 05/01/2015

Last Buyer's Agent

Frank Malvezzi

CB Properties of Memphis, LLC License #264358 Listed on: 05/01/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $321

Year Built

  • Built in 1960

Lot Details

  • 7,841 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 888 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating
  • Heating System Uses Gas
  • 220 Volts

Additional Features

  • Porch
  • Ground Level

Community Details

  • Dr J E Walker Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075087 00097

Home Details

Home Type

Single Family

Est. Annual Taxes

$321

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: J E WALKER HOMES
  • List Price Per Sq Ft: 21
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 888
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: 220 Wiring
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced, Chain Fenced
  • Lot Number: 519
  • Acreage: 0.18
  • Lot Size: 0.18

Tax Info

  • Assessor Parcel Number: 075087 00097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
Jun 18, 2015
Sold by
Malvezzi Frank
Bought by
Mdo Solutions Llc
Seller's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
Buyer's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
List Price
$19,900
Sold Price
$16,000
Premium/Discount to List
-$3,900
-19.6%
Current Estimated Value
$68,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,542
Avg. Annual Appreciation
15.08%

Purchase Details

Listed on
Jan 30, 2015
Closed on
Feb 26, 2015
Sold by
Donaldson Ted B
Bought by
Malvezzi Frank
Seller's Agent
George Merryfield
Leco Realty, Inc.
Buyer's Agent
George Merryfield
Leco Realty, Inc.
List Price
$13,500
Sold Price
$8,500
Premium/Discount to List
-$5,000
-37.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
621.84%
Original Mortgage
$8,500
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 21, 2013
Closed on
Mar 26, 2013
Sold by
Federal National Mortgage Association
Bought by
Donaldson Ted B
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Kenneth Tate
Tate Realty and Construction
List Price
$8,500
Sold Price
$7,725
Premium/Discount to List
-$775
-9.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Oct 5, 2007
Sold by
Evans Ronald M
Bought by
Reedy Debra

Purchase Details

Closed on
Dec 1, 2006
Sold by
Reedy Debra
Bought by
Evans Ronald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,706
Interest Rate
6.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 6, 2002
Sold by
Tennessee Rehab Inc
Bought by
Reedy Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
6.95%

Purchase Details

Closed on
Sep 27, 2001
Sold by
Smith Joe Ann
Bought by
Hud
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
Mdo Solutions Llc $16,000 None Available
Malvezzi Frank $8,500 None Available
Donaldson Ted B $7,724 Saddle Creek Title
Reedy Debra -- Tam Title & Escrow Llc
Evans Ronald M $32,706 Tam Title & Escrow Llc
Reedy Debra -- Fayette County Title Company
Hud $26,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malvezzi Frank $8,500
Previous Owner Evans Ronald M $32,706
Previous Owner Reedy Debra $43,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2015 06/23/15 Sold $16,000 -19.6% $18 / Sq Ft
06/14/2015 06/14/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $19,900 +134.1% $22 / Sq Ft
02/26/2015 02/26/15 Sold $8,500 -37.0% $10 / Sq Ft View Prior Sale
02/13/2015 02/13/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $13,500 +74.8% $15 / Sq Ft
03/29/2013 03/29/13 Sold $7,725 -9.1% $77 / Sq Ft View Prior Sale
03/21/2013 03/21/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $8,500 -- $85 / 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 $321 $15,600 $1,875 $13,725
2024 $321 $9,475 $1,350 $8,125
2023 $577 $9,475 $1,350 $8,125
2022 $577 $9,475 $1,350 $8,125
2021 $584 $9,475 $1,350 $8,125
2020 $562 $7,750 $1,350 $6,400
2019 $562 $7,750 $1,350 $6,400
2018 $562 $7,750 $1,350 $6,400
2017 $319 $7,750 $1,350 $6,400
2016 $359 $8,225 $0 $0
2014 $359 $8,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    George Merryfield

    Leco Realty, Inc.

    (901) 289-6772

    21 Total Sales

    George Merryfield
    Section Image
  • Frank Malvezzi

    Seller's Agent in 2015

    Frank Malvezzi

    CB Properties of Memphis, LLC

    (901) 619-4145

    4 in this area

    83 Total Sales

    Frank Malvezzi
    Section Image

  • C

    Seller's Agent in 2013

    Carol Tate

    Tate Realty and Construction

    (901) 458-4663

    3 in this area

    35 Total Sales

    Carol Tate
    Section Image

  • K

    Buyer's Agent in 2013

    Kenneth Tate

    Tate Realty and Construction

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9950912

Memphis Area Association of REALTORS®

APN: 07-5087-0-0097

Tennessee Shelby County Memphis 38109 Westwood

371 Glencoe Rd, Memphis, TN

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