NOT LISTED FOR SALE

488 Lundee Place Memphis, TN 38111

Chickasaw Gardens Neighborhood

Estimated Value: $95,000 - $183,000

2 Beds
2 Baths
1,400-1,599 Sq Ft
$79/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $75,000 $47 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $721/month

Highlights

  • Traditional Architecture
  • Patio
  • 1-Story Property
  • 1 Fireplace
  • Level Lot

About This Home

As of March 2021

Great investment opportunity! Property needs rehabbed, but the possibilities are endless with this one! Cash buyers only. Multiple Offer- Please send highest and best by Sunday 2/7 at 3pm

Last Agent to Sell the Property

Caleb Parr

Renshaw Company, REALTORS License #340494 Listed on: 02/05/2021

Last Buyer's Agent

Rob Thompson

Bluff City Realty Group, LLC License #351445

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $597

Year Built

  • Built in 1927

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 50x210
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,582 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Community Details

  • Dudley Dunn 3Rd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045039 00054

Home Details

Home Type

Single Family

Est. Annual Taxes

$597

Year Built

Built in 1927

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
  • List Price Per Sq Ft: 34
  • Number Of Stories: 1
  • Price Per Sq Ft: 47.41
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1582
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 31
  • Acreage: 0.24
  • Lot Size: 50X210
  • Price Per Acre: 225000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 045039 00054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 1, 2021
Sold by
Yolo Usa Llc
Bought by
Buntyn Community Development Llc
Seller's Agent
Caleb Parr
Renshaw Company, REALTORS
Buyer's Agent
Rob Thompson
Bluff City Realty Group, LLC
List Price
$54,000
Sold Price
$75,000
Premium/Discount to List
$21,000
38.89%
Current Estimated Value
$126,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,667
Avg. Annual Appreciation
12.04%

Purchase Details

Closed on
Sep 9, 2019
Sold by
The Money Source Inc
Bought by
Yolo Usa Llc

Purchase Details

Closed on
Feb 3, 2016
Sold by
Martin Reginald
Bought by
The Money Source Inc
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
Buntyn Community Development Llc $75,000 Closetrak Llc
Yolo Usa Llc $54,600 Servicelink Llc
The Money Source Inc $54,600 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2021 03/02/21 Sold $75,000 +38.9% $54 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $54,000 -- $39 / 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 $597 $25,350 $5,525 $19,825
2024 $597 $17,625 $1,750 $15,875
2023 $1,074 $17,625 $1,750 $15,875
2022 $1,074 $17,625 $1,750 $15,875
2021 $1,086 $17,625 $1,750 $15,875
2020 $966 $13,325 $1,750 $11,575
2019 $426 $13,325 $1,750 $11,575
2018 $426 $13,325 $1,750 $11,575
2017 $436 $13,325 $1,750 $11,575
2016 $536 $12,275 $0 $0
2014 $536 $12,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Caleb Parr

    Seller's Agent in 2021

    Caleb Parr

    Renshaw Company, REALTORS

    (901) 484-0478

    3 in this area

    399 Total Sales

    Caleb Parr
    Section Image

  • R

    Buyer's Agent in 2021

    Rob Thompson

    Bluff City Realty Group, LLC

    (901) 602-2636

    6 in this area

    32 Total Sales

    Rob Thompson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10093059

Memphis Area Association of REALTORS®

APN: 04-5039-0-0054

Tennessee Shelby County Memphis 38104 Chickasaw Gardens

488 Lundee Place, Memphis, TN

This home is located at 488 Lundee Place, Memphis, TN 38111 since 05 February 2021 and is currently estimated at $126,667, approximately $79 per square foot. This property was built in 1927. 488 Lundee Place is a home located in Shelby County with nearby schools including Sherwood Middle, Melrose High School, and Hanley Schoool - Middle.

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