NOT LISTED FOR SALE

481 Lundee St Memphis, TN 38111

Chickasaw Gardens Neighborhood

Estimated Value: $74,000 - $233,000

4 Beds
2 Baths
1,600-1,799 Sq Ft
$90/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $67,000 $37 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $891/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Porch
  • Wood Flooring
  • Some Wood Windows
  • Level Lot

About This Home

As of April 2024

Home needs extensive repair ~ Sold as-is ~ Homes are being renovated in the neighborhood ~ Close to U of Memphis and Midtown amenities ~ Appointment Only

Last Agent to Sell the Property

Taj Schuerman

Keller Williams Realty License #285599 Listed on: 02/09/2024

Keller Williams Realty

Last Buyer's Agent

Jordan Ray

eXp Realty, LLC License #375004

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $436

Year Built

  • Built in 1940

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50x191
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,608 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Great Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Gas
  • 220 Volts

Community Details

  • Dudley Dunn 3Rd Sd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045023 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$436

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 754G
  • MAAR Subdivision Name: DUDLEY DUNN
  • Number Of Stories: 1
  • Price Per Sq Ft: 41.67
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1608
  • Year Built: 1940
  • List Price/ Sq Ft: 52
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Hardwood, Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room
  • Total Bathrooms: 2

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: 220 Wiring
  • Heating: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 73
  • Acreage: 0.22
  • Lot Size: 50X191
  • Price Per Acre: 376818

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 045023 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2025
Sold by
Sundaravadivoo Edwin and Sundaravadivoo Priya Edwin
Bought by
Hermon Hills Llc
Current Estimated Value
$161,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,165
Outstanding Balance
$581,177
Interest Rate
6.84%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$419,844

Purchase Details

Listed on
Feb 9, 2024
Closed on
Apr 19, 2024
Sold by
Rei Capital Llc
Bought by
Sundaravadivoo Edwin Benits Ponnu and Sundaravadivoo Edwin Priya
Seller's Agent
Taj Schuerman
Keller Williams Realty
Buyer's Agent
Jordan Ray
eXp Realty, LLC
List Price
$110,000
Sold Price
$67,000
Premium/Discount to List
-$43,000
-39.09%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.56%

Purchase Details

Closed on
Dec 14, 2023
Sold by
Feldbaum Bruce L
Bought by
Rei Capital Llc

Purchase Details

Closed on
Apr 27, 2022
Sold by
Laksh Nandrajog
Bought by
Jb Residential Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2022
Sold by
Terrence Burress Jr
Bought by
Nandrajog Laksh

Purchase Details

Closed on
Sep 10, 1997
Sold by
Bailey James R and Bailey Dellwyn Turnipseed
Bought by
Chism Charles
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
Hermon Hills Llc -- Advocate Title & Escrow Servic
Sundaravadivoo Edwin Benits Ponnu $67,000 Saddle Creek Title
Rei Capital Llc $185,500 None Listed On Document
Jb Residential Llc $118,000 Apperson Crump Plc
Nandrajog Laksh $70,000 Apperson Crump Plc
Chism Charles $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hermon Hills Llc $582,165
Previous Owner Jb Residential Llc $178,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Sold $67,000 -19.2% $42 / Sq Ft
03/25/2024 03/25/24 Price Changed $82,900 -2.4% $52 / Sq Ft
03/19/2024 03/19/24 Price Changed $84,900 -5.6% $53 / Sq Ft
03/06/2024 03/06/24 Price Changed $89,900 -10.0% $56 / Sq Ft
02/28/2024 02/28/24 Price Changed $99,900 -9.2% $62 / Sq Ft
02/26/2024 02/26/24 For Sale $110,000 0.0% $69 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $110,000 -- $69 / 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 $436 $55,775 $5,350 $50,425
2024 $436 $12,850 $1,600 $11,250
2023 $783 $12,850 $1,600 $11,250
2022 $783 $12,850 $1,600 $11,250
2021 $443 $12,850 $1,600 $11,250
2020 $654 $9,025 $1,600 $7,425
2019 $288 $9,025 $1,600 $7,425
2018 $288 $9,025 $1,600 $7,425
2017 $295 $9,025 $1,600 $7,425
2016 $365 $8,350 $0 $0
2014 $365 $8,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Taj Schuerman

    Seller's Agent in 2024

    Taj Schuerman

    Keller Williams Realty

    (901) 277-4142

    3 in this area

    106 Total Sales

    Taj Schuerman
    Section Image
  • Jordan Ray

    Buyer's Agent in 2024

    Jordan Ray

    eXp Realty, LLC

    (662) 642-1458

    1 in this area

    103 Total Sales

    Jordan Ray
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10165577

Memphis Area Association of REALTORS®

APN: 04-5023-0-0007

Tennessee Shelby County Memphis 38111 Chickasaw Gardens

481 Lundee St, Memphis, TN

This home is located at 481 Lundee St, Memphis, TN 38111 since 09 February 2024 and is currently estimated at $161,333, approximately $89 per square foot. This property was built in 1940. 481 Lundee St is a home located in Shelby County with nearby schools including Sherwood Middle, Melrose High School, and Hanley Schoool - Middle.

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