NOT LISTED FOR SALE

397 Edith Ave Memphis, TN 38126

South Memphis Neighborhood

Estimated Value: $48,000 - $139,000

5 Beds
1.5 Baths
1,400-1,599 Sq Ft
$52/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $27,000 $17 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $461/month

Highlights

  • Traditional Architecture
  • Attic
  • Some Wood Windows
  • Main Floor Primary Bedroom
  • Separate Formal Living Room
  • Porch

About This Home

As of April 2020

THIS IS NICE 5 BEDROOM 1.5 BATH HOME WITH SPACIOUS INTERIOR AND LARGE LOT. NICE HOME WITHIN 5 MINUTES OF DOWNTOWN AND CLOSE TO I-240 AND I-55. THIS HOME HAS PARKING IN REAR AND ON STREET. THIS HOME WOULD BE PERFECT FOR 1ST TIME HOME BUYER OR FOR GROWING FAMILY.

Last Agent to Sell the Property

Juan Brooks

Process Realty Services License #272549 Listed on: 01/06/2020

Last Buyer's Agent

Louis Vick

BEST Real Estate Company License #351606

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $229

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,568 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Some Wood Windows
  • Separate Formal Living Room
  • Attic Access Panel
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main

Parking

  • Driveway
  • Parking Lot

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Washington Hgts Blk 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 013049 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$229

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 745E
  • MAAR Subdivision Name: WASHINGTON HEIGHTS BLK 4
  • List Price Per Sq Ft: 19
  • Number Of Stories: 2
  • Price Per Sq Ft: 17.22
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1568
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 4th or More Bedrooms
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedroom 5 Description: Level 2, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Tile, Sprayed Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Refrigerator, Cable Available
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Pantry
  • Misc Interior: Attic Access
  • Other Rooms: Laundry Room, Attic
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Porch, Chain Fence
  • Exterior Windows: Wood/Composition, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, Parking Lot

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 36
  • Acreage: 0.16
  • Lot Size: 50 X 140
  • Price Per Acre: 186875

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 013049 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Apr 24, 2020
Sold by
Tolan James
Bought by
Lewis Terry
Seller's Agent
Juan Brooks
Process Realty Services
Buyer's Agent
Louis Vick
BEST Real Estate Company
List Price
$29,900
Sold Price
$27,000
Premium/Discount to List
-$2,900
-9.7%
Current Estimated Value
$83,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,485
Avg. Annual Appreciation
23.01%

Purchase Details

Closed on
May 13, 2014
Sold by
Inner Structure Management Services
Bought by
Tolan James

Purchase Details

Closed on
Feb 7, 2012
Sold by
Williams Lewis Kendra
Bought by
Inner Structure Management Services

Purchase Details

Closed on
Oct 29, 2008
Sold by
Us Bank Na
Bought by
Williams Lewis Kendra

Purchase Details

Closed on
Apr 18, 2008
Sold by
Alexander Patricia
Bought by
Us Bank Na and Credit Suisse First Boston Mbs 2004-Ar7

Purchase Details

Closed on
Mar 23, 2004
Sold by
Alexander Charles
Bought by
Alexander Patricia

Purchase Details

Closed on
Jun 3, 2003
Sold by
Brooks Felecia R
Bought by
Alexander Charles and Alexander Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2001
Sold by
County Of Shelby
Bought by
Brooks Felecia R
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
Lewis Terry $27,000 Baymark T&E Svcs Llc
Tolan James $12,500 Baymark Title And Escrow Svc
Inner Structure Management Services -- Baymark Title & Escrow Servi
Williams Lewis Kendra $6,500 Associates Closing & Title
Us Bank Na $46,875 None Available
Alexander Patricia -- --
Alexander Charles $5,000 --
Brooks Felecia R $9,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Charles $48,000
Closed Brooks Felecia R $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2020 04/24/20 Sold $27,000 -9.7% $19 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $29,900 0.0% $21 / Sq Ft
03/15/2020 03/15/20 Pending -- -- --
01/30/2020 01/30/20 Price Changed $29,900 -21.3% $21 / Sq Ft
01/06/2020 01/06/20 For Sale $38,000 -- $27 / 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 $229 $11,425 $1,750 $9,675
2024 $229 $6,750 $875 $5,875
2023 $411 $6,750 $875 $5,875
2022 $411 $6,750 $875 $5,875
2021 $233 $6,750 $875 $5,875
2020 $368 $5,075 $875 $4,200
2019 $162 $5,075 $875 $4,200
2018 $162 $5,075 $875 $4,200
2017 $29 $875 $875 $0
2016 $198 $4,525 $0 $0
2014 $198 $4,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Juan Brooks

    Seller's Agent in 2020

    Juan Brooks

    Process Realty Services

    (901) 864-4145

    5 in this area

    62 Total Sales

    Juan Brooks
    Section Image

  • L

    Buyer's Agent in 2020

    Louis Vick

    BEST Real Estate Company

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10068785

Memphis Area Association of REALTORS®

APN: 01-3049-0-0012

Tennessee Shelby County Memphis 38106 South Memphis

397 Edith Ave, Memphis, TN

This home is located at 397 Edith Ave, Memphis, TN 38126 since 06 January 2020 and is currently estimated at $83,485, approximately $52 per square foot. This property was built in 1900. 397 Edith Ave is a home located in Shelby County with nearby schools including Larose Elementary School, Booker T. Washington Middle & High School, and Memphis Delta Preparatory Charter School.

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