NOT LISTED FOR SALE

486 Jacklyn Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $85,000 - $116,000

2 Beds
2 Baths
1,400-1,599 Sq Ft
$62/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $87,900 $55 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $582/month

Highlights

  • Updated Kitchen
  • Some Wood Windows
  • Tile Flooring
  • Traditional Architecture
  • Living Room
  • Central Heating and Cooling System

About This Home

As of July 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $750 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 06/06/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $716

Year Built

  • Built in 1951

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,401 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Living Room
  • Dining Room
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Philsar Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049018 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$716

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: PHILSAR BLK C
  • List Price Per Sq Ft: 63
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1401
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • 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
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 116
  • Acreage: 0.14
  • Lot Size: 50X130

Tax Info

  • Assessor Parcel Number: 049018 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2021
Closed on
Jul 16, 2021
Sold by
Mmephis Investments Properties Iii Llc
Bought by
Nicodemus Prashant and Nicodemus Shilpa
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$87,900
Sold Price
$87,900
Current Estimated Value
$99,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,850
Avg. Annual Appreciation
2.99%
Original Mortgage
$70,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 6, 2021
Closed on
May 25, 2021
Sold by
Wanda Brown
Bought by
Memphis Investment Properties Iii Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$87,900
Sold Price
$87,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2021
Sold by
Brown Joia M
Bought by
Brown Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2018
Sold by
Brown Joia
Bought by
Brown Wanda

Purchase Details

Closed on
Mar 23, 2010
Sold by
Federal National Mortgage Association
Bought by
Brown Joia M

Purchase Details

Closed on
Nov 12, 2009
Sold by
Williamson Chester R and Williamson Vickie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 24, 2003
Sold by
Williamson Mattie
Bought by
Williamson Mattie and Williamson Chester 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
Nicodemus Prashant $87,900 Delta Title Services Llc
Memphis Investment Properties Iii Llc $24,500 Closetrak Llc
Brown Wanda -- None Available
Brown Wanda -- None Available
Brown Joia M $8,000 None Available
Federal National Mortgage Association $34,637 None Available
Williamson Mattie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investment Properties Iii Llc $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $87,900 0.0% $63 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
06/06/2021 06/06/21 For Sale $87,900 -- $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 $716 $26,625 $2,000 $24,625
2024 $716 $21,125 $1,125 $20,000
2023 $1,287 $21,125 $1,125 $20,000
2022 $1,287 $21,125 $1,125 $20,000
2021 $686 $11,125 $1,125 $10,000
2020 $676 $9,325 $1,125 $8,200
2019 $298 $9,325 $1,125 $8,200
2018 $298 $9,325 $1,125 $8,200
2017 $305 $9,325 $1,125 $8,200
2016 $427 $9,775 $0 $0
2014 $427 $9,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2021

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    4 in this area

    399 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2021

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    4 in this area

    416 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10101126

Memphis Area Association of REALTORS®

APN: 04-9018-0-0021

Tennessee Shelby County Memphis 38106 South Memphis

486 Jacklyn Ave, Memphis, TN

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