NOT LISTED FOR SALE

472 S Reese St Memphis, TN 38111

Chickasaw Gardens Neighborhood

Estimated Value: $276,605 - $285,000

3 Beds
1 Bath
1,400-1,599 Sq Ft
$174/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $145,000 $91 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,698/month

114 Days on Market

Highlights

  • Updated Kitchen
  • Deck
  • Wood Flooring
  • White Station High Rated A
  • Traditional Architecture
  • Some Wood Windows

About This Home

As of January 2016

Historical home, great midtown location! Very nice and friendly neighbors. Original skeleton key in side door. Very spacious, open areas. Lots of windows and very sunny. Amenities include: Fireplace, HUGE Backyard with raised patio to entertain friends and family. Personalized walk in closet with individulaized shelving and large mirror to get ready.This is the perfect starter home.

Last Agent to Sell the Property

Michael Mosteller

REMAX Experts License #318569 Listed on: 07/31/2015

REMAX Experts

Last Buyer's Agent

Albert Lee

Keller Williams License #316777

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,176

Year Built

  • Built in 1924

Lot Details

  • 9,583 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,443 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Some Wood Windows
  • Living Room with Fireplace
  • Dining Room
  • Updated Kitchen
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Deck
  • Central Heating and Cooling System

Community Details

  • Country Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045122 00050

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,176

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 754I
  • MAAR Subdivision Name: COUNTRY CLUB
  • List Price Per Sq Ft: 100
  • Number Of Stories: 1
  • Price Per Sq Ft: 100.49
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1443
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Luxury Primary Bath
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Pantry, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced
  • Lot Number: 71
  • Acreage: 0.22
  • Lot Size: .22
  • Price Per Acre: 659091

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 045122 00050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2015
Closed on
Jan 15, 2016
Sold by
Garofalo Justin M and Dea Rachael Elizabeth O
Bought by
Watson Lawrence and Watson Kimberly
Seller's Agent
Michael Mosteller
REMAX Experts
Buyer's Agent
Albert Lee
Keller Williams
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%
Current Estimated Value
$278,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,901
Avg. Annual Appreciation
6.97%
Original Mortgage
$145,000
Interest Rate
3.99%
Mortgage Type
VA

Purchase Details

Closed on
Feb 19, 2009
Sold by
Doyle Jeremy Scott and Doyle Christy
Bought by
Garofalo Justin M and Odea Rachael Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,174
Interest Rate
5.07%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2005
Sold by
Gresham Adam Wesley and Gresham Elizabeth Ashley
Bought by
Doyle Jeremy Scott and Doyle Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,600
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2001
Sold by
Bobb David and Bobb Laura Thompson
Bought by
Gresham Adam Wesley and Gresham Elizabeth Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,897
Interest Rate
7.16%
Mortgage Type
VA

Purchase Details

Closed on
May 1, 1996
Sold by
Reed James M and Reed Janice
Bought by
Bobb David and Bobb Laura Thompson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
7.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 20, 1996
Bought by
Peeler Thomas L and Peeler Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
7.85%
Mortgage Type
Balloon
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
Watson Lawrence $145,000 Multiple
Garofalo Justin M $156,000 Edco Title & Closing Service
Doyle Jeremy Scott $159,500 Chicago Title Company
Gresham Adam Wesley $129,850 --
Bobb David $79,900 Mid South Title
Peeler Thomas L $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Lawrence $267,500
Closed Watson Lawrence $204,170
Closed Watson Lawrence $202,000
Closed Watson Lawrence $195,000
Closed Watson Lawrence $145,000
Previous Owner Garofalo Justin M $153,174
Previous Owner Doyle Jeremy Scott $127,600
Previous Owner Gresham Adam Wesley $129,897
Previous Owner Bobb David $79,900
Closed Doyle Jeremy Scott $31,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2016 01/15/16 Sold $145,000 -3.3% $104 / Sq Ft
11/22/2015 11/22/15 Pending -- -- --
07/31/2015 07/31/15 For Sale $150,000 -- $107 / 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 $2,176 $62,750 $12,500 $50,250
2024 $2,176 $64,200 $7,950 $56,250
2023 $3,911 $64,200 $7,950 $56,250
2022 $3,911 $64,200 $7,950 $56,250
2021 $3,957 $64,200 $7,950 $56,250
2020 $2,974 $41,050 $7,950 $33,100
2019 $2,975 $41,050 $7,950 $33,100
2018 $2,974 $41,050 $7,950 $33,100
2017 $1,687 $41,050 $7,950 $33,100
2016 $1,457 $33,350 $0 $0
2014 $1,457 $33,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Mosteller

    Seller's Agent in 2016

    Michael Mosteller

    RE/MAX

    (901) 870-3692

    78 Total Sales

    Michael Mosteller
    Section Image

  • A

    Buyer's Agent in 2016

    Albert Lee

    Keller Williams

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9957990

Memphis Area Association of REALTORS®

APN: 04-5122-0-0050

Tennessee Shelby County Memphis 38111 Chickasaw Gardens

472 S Reese St, Memphis, TN

This home is located at 472 S Reese St, Memphis, TN 38111 since 31 July 2015 and is currently estimated at $278,901, approximately $174 per square foot. This property was built in 1924. 472 S Reese St is a home located in Shelby County with nearby schools including White Station Elementary School, White Station High, and White Station Middle.

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