NOT LISTED FOR SALE

451 Marlowe Ave Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $80,831 - $112,000

3 Beds
1 Bath
100-999 Sq Ft
$95/Sq Ft Est. Value

Last Sold August 18, 2023

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

Est. 30% increase in value since last sale

Current estimated payment $540/month

2 Days on Market

Highlights

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

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

Est. Annual Taxes

  • $464

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
  • 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

Est. Annual Taxes

$464

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: McClain
  • MLS Map #: 762B
  • MAAR Subdivision Name: INDIAN HILLS
  • Number Of Stories: 1
  • Price Per Sq Ft: 75.6
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 959
  • Year Built: 1964
  • List Price/ Sq Ft: 73
  • 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
  • Total Bathrooms: 1
  • 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
  • Price Per Acre: 437500

Multi Family

  • Number Of Rooms: 5

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
$94,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,958
Avg. Annual Appreciation
6.42%

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:

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Average Value
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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 Change Sq Ft Price
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
03/11/2019 03/11/19 For Sale $59,900 -- $63 / 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 $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

    94 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

    83 Total Sales

    Shirley Rhynes-Hawkins
    Section Image
  • Marleny Carranza

    Seller's Agent in 2019

    Marleny Carranza

    Adaro Realty, Inc.

    (901) 864-3097

    26 Total Sales

    Marleny Carranza
    Section Image
  • Cedric Pate

    Buyer's Agent in 2019

    Cedric Pate

    Infinity Group REALTORS, Inc.

    (901) 834-7978

    15 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

This home is located at 451 Marlowe Ave, Memphis, TN 38109 since 03 August 2023 and is currently estimated at $94,458, approximately $94 per square foot. This property was built in 1964. 451 Marlowe Ave is a home located in Shelby County with nearby schools including Levi Elementary School, Chickasaw Middle School, and Westwood High School.

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