NOT LISTED FOR SALE

499 Simpson Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $43,000 - $55,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$36/Sq Ft Est. Value

Last Sold September 13, 2017

Last sale price $15,000 $11 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $297/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Porch
  • Wood Flooring
  • Some Wood Windows
  • Dining Room

About This Home

As of September 2017

Buy this starter home and your family will walk less than a block to the nearest church and you'll be convenient to parks, schools, transportation hubs, and stores. Update this spacious living room, formal dining room, 3 bedroom, 1 bath home with a large family friendly back yard all ready for a quick move - in.

Last Agent to Sell the Property

Carol Tate

Tate Realty and Construction License #56037 Listed on: 06/29/2017

Last Buyer's Agent

Kenneth Tate

Tate Realty and Construction License #56020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $303

Year Built

  • Built in 1922

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,392 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Community Details

  • Martin Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025041 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$303

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747B
  • MAAR Subdivision Name: MARTIN
  • List Price Per Sq Ft: 11
  • Number Of Stories: 1
  • Price Per Sq Ft: 10.78
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1392
  • Year Built: 1922
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 9
  • Acreage: 0.15
  • Lot Size: 0.15
  • Price Per Acre: 100000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 025041 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2017
Closed on
Sep 12, 2017
Sold by
Fannie Mae
Bought by
Chad Robert and Bush Alisha
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Kenneth Tate
Tate Realty and Construction
List Price
$15,000
Sold Price
$15,000
Current Estimated Value
$50,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,151
Avg. Annual Appreciation
19.99%

Purchase Details

Closed on
Mar 4, 2014
Sold by
Gandy Nanette
Bought by
Gandy Nannette

Purchase Details

Closed on
Jul 15, 2008
Sold by
Gandy Roy M
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
4.25%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Chad Robert $15,000 Us Title
Gandy Nannette -- None Available
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gandy Roy M $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2017 09/13/17 Sold $15,000 0.0% $13 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $15,000 -- $13 / 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 $303 $12,025 $1,200 $10,825
2024 $303 $8,925 $750 $8,175
2023 $544 $8,925 $750 $8,175
2022 $544 $8,925 $750 $8,175
2021 $550 $8,925 $750 $8,175
2020 $618 $8,525 $750 $7,775
2019 $618 $8,525 $750 $7,775
2018 $618 $8,525 $750 $7,775
2017 $350 $8,525 $750 $7,775
2016 $363 $8,300 $0 $0
2014 $363 $8,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Carol Tate

    Tate Realty and Construction

    (901) 458-4663

    3 in this area

    37 Total Sales

    Carol Tate
    Section Image

  • K

    Buyer's Agent in 2017

    Kenneth Tate

    Tate Realty and Construction

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10006073

Memphis Area Association of REALTORS®

APN: 02-5041-0-0009

Tennessee Shelby County Memphis 38106 South Memphis

499 Simpson Ave, Memphis, TN

This home is located at 499 Simpson Ave, Memphis, TN 38106 since 29 June 2017 and is currently estimated at $50,151, approximately $35 per square foot. This property was built in 1922. 499 Simpson Ave is a home located in Shelby County with nearby schools including A. B. Hill Elementary School, Riverview Middle School, and Hamilton High School.

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