NOT LISTED FOR SALE

501 Marlowe Ave Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $99,000 - $117,000

3 Beds
1 Bath
1,203 Sq Ft
$92/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2021

Last sale price $84,900 $71 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $639 / mo

About This Home

As of September 2022

Coming Soon! DO NOT DISTURB CURRENT RESIDENTS! This newly renovated home features three spacious bedrooms and one updated bathroom. You'll enjoy the tile floor in the kitchen, hardwood flooring throughout as well as its upgraded lighting package, kitchen cabinets with plenty of storage, granite countertops, comfortable layout, central heating and air, and large fenced-in backyard perfect for pets or gatherings, and many more upgraded features!

Last Agent to Rent the Property

James Wachob

Foundation Property Management License #294924 Listed on: 07/25/2022

Foundation Property Management

Last Renter's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 07/25/2022

Foundation Property Management

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x120

Parking

  • 1 Parking Space

Interior Spaces

  • 1,203 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Indian Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075097 00003

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MAAR Subdivision Name: INDIAN HILLS
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1
  • Estimated Sq Ft: 1203
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 17
  • Acreage: 0.16
  • Lot Size: 60X120

Tax Info

  • Assessor Parcel Number: 075097 00003

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 31, 2021
Sold by
Williams Realty & Investments Llc
Bought by
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$84,900
Sold Price
$84,900
Current Estimated Value
$104,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,156
Avg. Annual Appreciation
5.35%
Original Mortgage
$67,920
Outstanding Balance
$60,330
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$49,965

Purchase Details

Closed on
Jun 13, 2021
Sold by
Brown Walter F and Brown Edna E
Bought by
Williams Realty & Investments Llc

Purchase Details

Closed on
Nov 10, 2005
Sold by
Gill Bryant C and Gill Tamma T
Bought by
Brown Walter F and Brown Edna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,150
Interest Rate
6.23%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Westwood, TN

  • Jason Miller Real Estate Agent - eXp Realty, LLC

    Jason Miller

    Responds Quickly

    eXp Realty, LLC

    (901) 531-9258

    235 Total Sales

    2 in Westwood

    $28K - $61K Price Range

    Jason Miller
     Section Image
  • Haydn Wiseman Real Estate Agent - Cahltrep Realty, LLC

    Haydn Wiseman

    Cahltrep Realty, LLC

    (901) 267-5622

    85 Total Sales

    5 in Westwood

    $55K - $120K Price Range

    Haydn Wiseman
     Section Image
  • Realis Sanders Real Estate Agent - Keller Williams

    Realis Sanders

    Keller Williams

    (901) 437-7971

    55 Total Sales

    2 in Westwood

    $93K - $130K Price Range

    Realis Sanders
     Section Image
  • Africa McCloy Real Estate Agent - Crye-Leike, Inc., REALTORS

    Africa McCloy

    Crye-Leike, Inc., REALTORS

    (901) 350-2528

    130 Total Sales

    2 in Westwood

    $69K - $180K Price Range

    Africa McCloy
     Section Image
  • Kimmer Plunk Real Estate Agent - Centric Realty LLC

    Kimmer Plunk

    Centric Realty LLC

    (901) 584-0113

    93 Total Sales

    1 in Westwood

    $125,000 Price

    Kimmer Plunk
     Section Image
  • Caleb Hall Real Estate Agent - Keller Williams

    Caleb Hall

    Keller Williams

    (901) 295-3396

    200 Total Sales

    3 in Westwood

    $75K - $77K Price Range

    Caleb Hall
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$84,900 None Available
Williams Realty & Investments Llc $40,100 None Available
Brown Walter F $55,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $67,920
Previous Owner Brown Walter F $54,150
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2022 09/08/22 Rented $950 0.0% --
07/25/2022 07/25/22 For Rent $950 0.0% --
08/31/2021 08/31/21 Sold $84,900 0.0% $71 / Sq Ft View Prior Sale
07/22/2021 07/22/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $84,900 -- $71 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $779 $28,950 $2,400 $26,550
2024 $638 $18,825 $1,925 $16,900
2023 $1,147 $18,825 $1,925 $16,900
2022 $1,147 $18,825 $1,925 $16,900
2021 $364 $13,400 $1,925 $11,475
2020 $679 $9,375 $1,925 $7,450
2019 $300 $9,375 $1,925 $7,450
2018 $300 $9,375 $1,925 $7,450
2017 $307 $9,375 $1,925 $7,450
2016 $438 $10,025 $0 $0
2014 $438 $10,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob Real Estate Agent - Foundation Property Management

    Landlord's Agent in 2022

    James Wachob

    Foundation Property Management

    (901) 633-1484

    37 in this area

    600 Total Sales

    James Wachob
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10129584

Memphis Area Association of REALTORS®

APN: 07-5097-0-0003

Tennessee Shelby County Memphis 38109 Westwood

501 Marlowe Ave, Memphis, TN

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.

Memphis Area Association of REALTORS® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.