NOT LISTED FOR SALE

Estimated Value: $55,000 - $58,702

5 Beds
1 Bath
1,600-1,799 Sq Ft
$32/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $58,000 $32 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $329/month

Highlights

  • Traditional Architecture
  • Tile Flooring
  • 1-Story Property
  • Some Wood Windows

About This Home

As of September 2023

This home is located at 403 Simpson Ave, Memphis, TN 38106 since 05 September 2023 and is currently estimated at $57,426, approximately $35 per square foot. This property was built in 1898. 403 Simpson Ave is a home located in Shelby County with nearby schools including A. B. Hill Elementary School, Riverview Middle School, and Hamilton High School.

Last Agent to Sell the Property

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE Listed on: 09/05/2023

Last Buyer's Agent

Monica Mauricio

REMAX Experts License #273318

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $273

Year Built

  • Built in 1898

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 36x134
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,664 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Tile Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Minter Parker Subdivision

Listing and Financial Details

  • Assessor Parcel Number 013052 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$273

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747B
  • MAAR Subdivision Name: MINTER PARKER
  • Number Of Stories: 1
  • Price Per Sq Ft: 34.86
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1664
  • Year Built: 1898
  • List Price/ Sq Ft: 35
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 1
  • Bedroom 5 Description: Level 1
  • Bedrooms: 5
  • Bedrooms Down: 5
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

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

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 26
  • Acreage: 0.11
  • Lot Size: 36X134
  • Price Per Acre: 527273

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 013052 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Aug 30, 2023
Sold by
Alshugaa Abdulkarem
Bought by
Bustamante David Ramirez
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Monica Mauricio
REMAX Experts
List Price
$58,000
Sold Price
$58,000
Current Estimated Value
$57,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$574
Avg. Annual Appreciation
-0.47%
Original Mortgage
$48,000
Outstanding Balance
$25,663
Interest Rate
6.96%
Mortgage Type
Seller Take Back
Estimated Equity
$31,763

Purchase Details

Listed on
Mar 15, 2022
Closed on
Aug 15, 2022
Sold by
Brown Chiquita R
Bought by
Alshugaa Abdulkarem
Seller's Agent
Shannon Dabney
Bespoke Realty
Buyer's Agent
Shannon Dabney
Bespoke Realty
List Price
$30,000
Sold Price
$20,000
Premium/Discount to List
-$10,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
173.04%

Purchase Details

Closed on
Jul 25, 2019
Sold by
Wagner Tina Irvina and Edwards Keva Irvin
Bought by
Brown Chiquita 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
Bustamante David Ramirez $58,000 Regency Title
Alshugaa Abdulkarem $20,000 Harkavy Shainberg Kaplan Plc
Brown Chiquita R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bustamante David Ramirez $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2023 09/06/23 Sold $58,000 0.0% $36 / Sq Ft
09/05/2023 09/05/23 For Sale $58,000 +190.0% $36 / Sq Ft
08/15/2022 08/15/22 Sold $20,000 -20.0% $13 / Sq Ft View Prior Sale
07/19/2022 07/19/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $25,000 -13.8% $16 / Sq Ft
05/17/2022 05/17/22 Price Changed $29,000 -3.3% $18 / Sq Ft
03/15/2022 03/15/22 For Sale $30,000 -- $19 / 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 $14,450 $1,000 $13,450
2024 -- $8,050 $750 $7,300
2023 $490 $8,050 $750 $7,300
2022 $490 $8,050 $750 $7,300
2021 $496 $8,050 $750 $7,300
2020 $260 $8,125 $750 $7,375
2019 $260 $8,125 $750 $7,375
2018 $260 $8,125 $750 $7,375
2017 $266 $8,125 $750 $7,375
2016 $346 $7,925 $0 $0
2014 $346 $7,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10156083

Memphis Area Association of REALTORS®

APN: 01-3052-0-0022