NOT LISTED FOR SALE

490 S Reese St Memphis, TN 38111

Chickasaw Gardens Neighborhood

Estimated Value: $204,000 - $213,493

2 Beds
1 Bath
1,200-1,399 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $209,850 $150 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,302/month

Highlights

  • Wood Flooring
  • Mud Room
  • 1 Car Detached Garage
  • White Station High Rated A
  • Some Wood Windows
  • Porch

About This Home

As of September 2021

Lovely bungalow in E. Buntyn Historic District. Hardwood floors, fresh paint, and inviting front porch. Fully fenced back yard, high ceilings, must see.

Last Agent to Rent the Property

Linda Sowell

Sowell, Realtors License #50660 Listed on: 08/31/2021

Last Renter's Agent

Linda Sowell

Sowell, Realtors License #50660 Listed on: 08/31/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,009

Year Built

  • Built in 1935

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50x197
  • Wood Fence
  • Landscaped
  • Few Trees

Home Design

  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,316 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Mud Room
  • Living Room with Fireplace
  • Dining Room
  • Storage Room
  • Unfinished Basement
  • Partial Basement
  • Permanent Attic Stairs

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Country Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045122 00046

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,009

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential, One Story - RES
  • Cross Street: Midland
  • MLS Map #: 754I
  • MAAR Subdivision Name: COUNTRY CLUB
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1
  • Price Per Sq Ft: 1.29
  • Estimated Sq Ft: 1316
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Part Hardwood, Tile, Vinyl Floor, 9 or more Ft. Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Pantry
  • Misc Interior: All Window Treatments, Permanent Attic Stairs, Mud Room
  • Number Of Fireplaces: 1
  • Other Rooms: Unfinished Basement
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Conventional, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1D
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

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

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced
  • Lot Number: N PT 73
  • Acreage: 0.22
  • Lot Size: 50X197
  • Price Per Acre: 7705

Multi Family

  • Number Of Rooms: 5
  • Total Number Of Units: 1

Tax Info

  • Assessor Parcel Number: 045122 00046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Aug 17, 2021
Sold by
Reed James M and Haney Robert R
Bought by
Stonehollow Holdings 1 Llc
Seller's Agent
Linda Sowell
Sowell, Realtors
Buyer's Agent
Linda Sowell
Sowell, Realtors
Sold Price
$1,695
Total Days on Market
6
Current Estimated Value
$208,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,928
Avg. Annual Appreciation
-0.14%
Original Mortgage
$157,388
Outstanding Balance
$100,927
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$107,696

Purchase Details

Closed on
Feb 12, 2014
Sold by
Two Dudes Investments
Bought by
Reed James M and Haney Robert R

Purchase Details

Closed on
Dec 18, 2003
Sold by
Reed James M and Haney Robert R
Bought by
Two Dudes Investments

Purchase Details

Closed on
Jul 25, 2003
Sold by
Two Dudes Investments
Bought by
Reed James M and Haney Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
5.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1995
Bought by
Reed James M and Reed Ha M
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
Stonehollow Holdings 1 Llc $209,850 None Available
Reed James M -- None Available
Two Dudes Investments -- --
Reed James M -- --
Reed James M $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stonehollow Holdings 1 Llc $157,388
Previous Owner Two Dudes Investments $90,000
Previous Owner Reed James M $55,200
Previous Owner Two Dudes Investments $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Rented $1,695 0.0% --
08/31/2021 08/31/21 For Rent $1,695 0.0% --
08/12/2021 08/12/21 Sold $209,850 +7.7% $175 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $194,900 -- $162 / 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 $2,009 $56,200 $12,500 $43,700
2024 -- $59,250 $7,950 $51,300
2023 $3,609 $59,250 $7,950 $51,300
2022 $3,609 $59,250 $7,950 $51,300
2021 $4,290 $59,250 $7,950 $51,300
2020 $3,000 $41,400 $7,950 $33,450
2019 $1,323 $41,400 $7,950 $33,450
2018 $1,323 $41,400 $7,950 $33,450
2017 $1,354 $41,400 $7,950 $33,450
2016 $1,539 $35,225 $0 $0
2014 $1,539 $35,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rip Haney

    Seller's Agent in 2021

    Rip Haney

    Marx-Bensdorf, REALTORS

    (901) 351-2190

    5 in this area

    87 Total Sales

    Rip Haney
    Section Image
  • Linda Sowell

    Landlord's Agent in 2021

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    13 in this area

    210 Total Sales

    Linda Sowell
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10107678

Memphis Area Association of REALTORS®

APN: 04-5122-0-0046

Tennessee Shelby County Memphis 38111 Chickasaw Gardens

490 S Reese St, Memphis, TN

This home is located at 490 S Reese St, Memphis, TN 38111 since 31 August 2021 and is currently priced at $208,623. This property was built in 1935. 490 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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