NOT LISTED FOR SALE

489 Orchard Ave Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $73,000 - $102,000

4 Beds
2 Baths
1,200-1,399 Sq Ft
$60/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $70,000 $50 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $483/month

104 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Laundry Room
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of April 2023

Property is Tenant Occupied, Do Not Disturb Tenant. Property is already income producing, Section 8 tenant in place, $1100 monthly rent. Fantastic addition to your investment portfolio!!

Last Agent to Sell the Property

LaJuana Miller

KAIZEN Realty, LLC License #309063 Listed on: 11/11/2022

KAIZEN Realty, LLC

Last Buyer's Agent

Kristy Cannon

Keller Williams License #342768

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $390

Year Built

  • Built in 1952

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75x165
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,360 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Attic Access Panel
  • Eat-In Kitchen

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Orchard Crest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 069018 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$390

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 724A
  • MAAR Subdivision Name: ORCHARD CREST
  • List Price Per Sq Ft: 73
  • Number Of Stories: 1
  • Price Per Sq Ft: 51.47
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1360
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 1
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: Attic Access
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Aluminum/Steel Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 98
  • Acreage: 0.28
  • Lot Size: 75X165
  • Price Per Acre: 353571

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 069018 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Mar 21, 2023
Sold by
Weiss Uri and Weiss Marta
Bought by
Hosny Rany and Djokic Alison
Seller's Agent
LaJuana Miller
KAIZEN Realty, LLC
Buyer's Agent
Kristy Cannon
Keller Williams
List Price
$99,000
Sold Price
$70,000
Premium/Discount to List
-$29,000
-29.29%
Views
62
Current Estimated Value
$84,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,539
Avg. Annual Appreciation
7.91%
Original Mortgage
$56,000
Outstanding Balance
$54,423
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$30,116

Purchase Details

Listed on
Feb 3, 2019
Closed on
Feb 21, 2019
Sold by
Lynch Timothy E
Bought by
Weiss Uri
Seller's Agent
Timothy Lynch
Crye-Leike, Inc., REALTORS
Buyer's Agent
LaJuana Miller
KAIZEN Realty, LLC
List Price
$39,900
Sold Price
$33,000
Premium/Discount to List
-$6,900
-17.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.87%

Purchase Details

Closed on
Dec 7, 2004
Sold by
Mangrum Ervin
Bought by
Emc Mortgage Corp

Purchase Details

Closed on
Jul 18, 2003
Sold by
Beruk Properties
Bought by
Mangrum Ervin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,550
Interest Rate
5.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2000
Sold by
United Companies Lending Corp
Bought by
Beruk Properties Inc

Purchase Details

Closed on
Jan 28, 2000
Sold by
Franks Linda J
Bought by
United Companies Lending Corp
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
Hosny Rany $70,000 Edco Title & Closing Services
Weiss Uri $33,000 Fidelity Title And Escrow In
Emc Mortgage Corp $45,050 --
Mangrum Ervin $63,000 Chicago Title Insurance Co
Beruk Properties Inc $19,000 --
United Companies Lending Corp $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hosny Rany $56,000
Previous Owner Mangrum Ervin $53,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2023 04/13/23 Sold $70,000 -29.3% $58 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
11/11/2022 11/11/22 For Sale $99,000 +200.0% $83 / Sq Ft
02/20/2019 02/20/19 Sold $33,000 -17.3% $28 / Sq Ft View Prior Sale
02/03/2019 02/03/19 For Sale $39,900 -- $33 / 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 $390 $19,575 $1,750 $17,825
2024 $390 $11,500 $1,425 $10,075
2023 $701 $11,500 $1,425 $10,075
2022 $701 $11,500 $1,425 $10,075
2021 $833 $11,500 $1,425 $10,075
2020 $712 $9,825 $1,425 $8,400
2019 $314 $9,825 $1,425 $8,400
2018 $314 $9,825 $1,425 $8,400
2017 $321 $9,825 $1,425 $8,400
2016 $449 $10,275 $0 $0
2014 $449 $10,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • LaJuana Miller

    Seller's Agent in 2023

    LaJuana Miller

    KAIZEN Realty, LLC

    (901) 483-1393

    38 in this area

    196 Total Sales

    LaJuana Miller
    Section Image
  • Kristy Cannon

    Buyer's Agent in 2023

    Kristy Cannon

    Keller Williams

    (901) 834-9891

    4 in this area

    68 Total Sales

    Kristy Cannon
    Section Image

  • T

    Seller's Agent in 2019

    Timothy Lynch

    Crye-Leike, Inc., REALTORS

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10137530

Memphis Area Association of REALTORS®

APN: 06-9018-0-0004

Tennessee Shelby County Memphis 38127 Frayser

489 Orchard Ave, Memphis, TN

This home is located at 489 Orchard Ave, Memphis, TN 38127 since 11 November 2022 and is currently estimated at $84,539, approximately $60 per square foot. This property was built in 1952. 489 Orchard Ave is a home located in Shelby County with nearby schools including Westside Elementary School, Compass Community School Frayser Campus, and Pathways In Education - Tn.

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