NOT LISTED FOR SALE

451 Marlowe Ave Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $75,000 - $88,000

3 Beds
1 Bath
100-999 Sq Ft
$83/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $72,500 $73 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $463/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Eat-In Kitchen
  • Wood Flooring
  • 1 Car Attached Garage
  • Brick Veneer

About This Home

As of August 2023

Great ROI opportunity! Immediate income and priced to sell! This home is situated on a quiet street and has beautiful curb appeal! Property is tenant occupied and currently rents for $850/mo. Lease is on a month-to month basis, but tenant would love to stay. Roof, HVAC, and water heater are all in good condition! Property being sold as-is but in good condition. No showings until accepted contract!

Last Agent to Sell the Property

Tamara Manuel

BenchMark REALTORS, LLC License #311239 Listed on: 08/03/2023

Last Buyer's Agent

Shirley Rhynes-Hawkins

BEST Real Estate Company License #276159

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Chain Link Fence
  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 100-999 Sq Ft Home
  • 959 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Aluminum Window Frames
  • Great Room
  • Living Room
  • Attic Access Panel
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Gas Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Doors
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Indian Hills Subdivision
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 075097 00011

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: McClain
  • MAAR Subdivision Name: INDIAN HILLS
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 959
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Cable Available
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Washer/Dryer Connections, W/D Connection in Kitchen
  • Misc Interior: All Window Treatments, Attic Access, Cat/Dog Free House
  • 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: Wrought Iron Security Drs, Storage Building, Chain Fence
  • Exterior Windows: Brick Veneer, Vinyl Siding, Aluminum Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Landscaped, Chain Fenced
  • Lot Number: 25
  • Acreage: 0.16
  • Lot Size: 60X120

Tax Info

  • Assessor Parcel Number: 075097 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Aug 18, 2023
Sold by
Freeman Michael R and Freeman Terri
Bought by
Mj Residential Llc
Seller's Agent
Tamara Manuel
BenchMark REALTORS, LLC
Buyer's Agent
Shirley Rhynes-Hawkins
BEST Real Estate Company
List Price
$70,000
Sold Price
$72,500
Premium/Discount to List
$2,500
3.57%
Views
34
Current Estimated Value
$82,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,981
Avg. Annual Appreciation
5.19%

Purchase Details

Listed on
Mar 11, 2019
Closed on
Sep 25, 2019
Sold by
Mejia Ciriaco M
Bought by
Freeman Michael R and Freeman Tern
Seller's Agent
Marleny Carranza
Adaro Realty, Inc.
Buyer's Agent
Cedric Pate
Infinity Group REALTORS, Inc.
List Price
$59,900
Sold Price
$56,900
Premium/Discount to List
-$3,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$48,365
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2018
Sold by
Harris Gregory
Bought by
Mejia Ciriaco Moctezuma
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mj Residential Llc $72,500 Regency Title & Escrow
Freeman Michael R $56,900 Closetrak Closing & Ttl Svcs
Mejia Ciriaco Moctezuma $15,000 Close Trak Closing & Title S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freeman Michael R $48,365
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2023 08/18/23 Sold $72,500 +3.6% $725 / Sq Ft
08/05/2023 08/05/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $70,000 +23.0% $700 / Sq Ft
09/19/2019 09/19/19 Sold $56,900 -5.0% $60 / Sq Ft View Prior Sale
03/11/2019 03/11/19 For Sale $59,900 -- $63 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $464 $21,950 $2,400 $19,550
2024 -- $13,675 $1,925 $11,750
2023 $833 $13,675 $1,925 $11,750
2022 $833 $13,675 $1,925 $11,750
2021 $472 $13,675 $1,925 $11,750
2020 $607 $8,375 $1,925 $6,450
2019 $268 $8,375 $1,925 $6,450
2018 $268 $8,375 $1,925 $6,450
2017 $274 $8,375 $1,925 $6,450
2016 $391 $8,950 $0 $0
2014 $391 $8,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tamara Manuel

    Seller's Agent in 2023

    Tamara Manuel

    BenchMark REALTORS, LLC

    (901) 644-6408

    1 in this area

    91 Total Sales

    Tamara Manuel
    Section Image
  • Shirley Rhynes-Hawkins

    Buyer's Agent in 2023

    Shirley Rhynes-Hawkins

    BEST Real Estate Company

    (901) 570-6048

    8 in this area

    71 Total Sales

    Shirley Rhynes-Hawkins
    Section Image
  • Marleny Carranza

    Seller's Agent in 2019

    Marleny Carranza

    Adaro Realty, Inc.

    (901) 864-3097

    24 Total Sales

    Marleny Carranza
    Section Image
  • Cedric Pate

    Buyer's Agent in 2019

    Cedric Pate

    Infinity Group REALTORS, Inc.

    (901) 834-7978

    12 Total Sales

    Cedric Pate
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10153564

Memphis Area Association of REALTORS®

APN: 07-5097-0-0011

Tennessee Shelby County Memphis 38109 Westwood

451 Marlowe Ave, Memphis, TN

Not Listed for Sale

Detached

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