NOT LISTED FOR SALE

389 W Mitchell Rd Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $71,495 - $108,000

3 Beds
1 Bath
948 Sq Ft
$91/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $99,000 $104 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $476/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Wood Flooring
  • Porch
  • Level Lot

About This Home

As of August 2022

This home is located at 389 W Mitchell Rd, Memphis, TN 38109 since 08 July 2022 and is currently estimated at $86,624, approximately $91 per square foot. This property was built in 1956. 389 W Mitchell Rd is a home located in Shelby County with nearby schools including Ford Road Elementary School, Chickasaw Middle School, and Mitchell High School.

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 07/08/2022

Foundation Property Management

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 07/08/2022

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $273

Year Built

  • Built in 1956

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 948 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • J E Walker Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075087 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$273

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: J E WALKER HOMES
  • List Price Per Sq Ft: 104
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 948
  • Year Built: 1956
  • 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: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 3
  • Acreage: 0.2
  • Lot Size: 60X150

Tax Info

  • Assessor Parcel Number: 075087 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 18, 2022
Sold by
Williams Realty & Investments Llc
Bought by
Leiter Nicholas D
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$99,000
Sold Price
$99,000
Current Estimated Value
$86,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,376
Avg. Annual Appreciation
-4.09%
Original Mortgage
$14,250
Outstanding Balance
$13,624
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$73,000

Purchase Details

Listed on
Jul 8, 2022
Closed on
Jul 12, 2022
Sold by
Wilson & Associates Pllc
Bought by
Williams Realty & Investments Llc
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$99,000
Sold Price
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,250
Outstanding Balance
$13,624
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$73,000

Purchase Details

Closed on
Apr 29, 2005
Sold by
Taylor William L and Taylor Marilyn V
Bought by
Golden William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,158
Interest Rate
5.98%
Mortgage Type
FHA
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
Leiter Nicholas D $99,000 Byrne & Associates Pllc
Williams Realty & Investments Llc $40,500 Wilson & Associates Pllc
Golden William E $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leiter Nicholas D $14,250
Previous Owner Golden William E $43,158
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2022 08/18/22 Sold $99,000 0.0% $104 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $99,000 -- $104 / 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 $273 $17,275 $1,900 $15,375
2024 $273 $8,050 $1,375 $6,675
2023 $490 $8,050 $1,375 $6,675
2022 $490 $8,050 $1,375 $6,675
2021 $278 $8,050 $1,375 $6,675
2020 $549 $7,575 $1,375 $6,200
2019 $242 $7,575 $1,375 $6,200
2018 $242 $7,575 $1,375 $6,200
2017 $248 $7,575 $1,375 $6,200
2016 $356 $8,150 $0 $0
2014 $356 $8,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2022

    James Wachob

    Foundation Property Management

    (901) 633-1484

    39 in this area

    640 Total Sales

    James Wachob
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10131722

Memphis Area Association of REALTORS®

APN: 07-5087-0-0011

Tennessee Shelby County Memphis 38109 Westwood

389 W Mitchell Rd, Memphis, TN

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