NOT LISTED FOR SALE

505 E Dison Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $70,000 - $104,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$70/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $75,000 $63 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $464/month

9 Days on Market

Highlights

  • 0.37 Acre Lot
  • Separate Formal Living Room
  • Brick Veneer
  • Traditional Architecture
  • Porch
  • Central Heating and Cooling System

About This Home

As of September 2022

2BR 1BA CASHFLOWING Property leased $644/mo. A recent home inspection is available upon request. Showings and inspections will be scheduled only upon an accepted offer. DO NOT DISTURB RESIDENTS. owner/agent

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 06/14/2022

Foundation Property Management

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 06/14/2022

Foundation Property Management

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 141x150
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,082 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Carport
  • Front Facing Garage

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Johnsons Longview Hts Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049030 00005

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: LONGVIEW HEIGHTS BLK A
  • List Price Per Sq Ft: 63
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1082
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 102
  • Acreage: 0.37
  • Lot Size: 141X150

Tax Info

  • Assessor Parcel Number: 049030 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Jun 6, 2022
Sold by
P Fin Vii Other Llc
Bought by
Sundial Investment Company Llc
Seller's Agent
Frances Anderson
Crye-Leike, Inc., REALTORS
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$60,000
Sold Price
$45,000
Premium/Discount to List
-$15,000
-25%
Current Estimated Value
$83,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,758
Avg. Annual Appreciation
18.95%
Original Mortgage
$33,750
Interest Rate
5.27%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 23, 2020
Sold by
Csma Blt Llc
Bought by
P Fin Vii Tn 40 Llc

Purchase Details

Closed on
Nov 14, 2012
Sold by
Wong Family Investment Llc
Bought by
Bltrejv3 Memphis Llc

Purchase Details

Closed on
Feb 18, 2011
Sold by
Memphis Investment Rental Properties Llc
Bought by
Wong Family Investment Llc

Purchase Details

Closed on
Jul 27, 2010
Sold by
Pblf Llc
Bought by
Memphis Investment Rental Properties Llc

Purchase Details

Closed on
Dec 8, 2009
Sold by
Hewgley Michael E
Bought by
Pblf Llc

Purchase Details

Closed on
Dec 28, 2006
Sold by
Anderson Frankey
Bought by
Anderson Derrick

Purchase Details

Closed on
Apr 28, 2006
Sold by
Robinson James E and Robinson Evelyn
Bought by
Equicredit Corp Of America
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sundial Investment Company Llc $45,000 Regency Title & Escrow
P Fin Vii Tn 40 Llc $548,284 None Available
Bltrejv3 Memphis Llc $15,000 --
Wong Family Investment Llc $32,000 Tam Title & Escrow Llc
Memphis Investment Rental Properties Llc -- None Available
Pblf Llc $25,000 None Available
Anderson Derrick $30,000 None Available
Equicredit Corp Of America $29,713 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sundial Investment Company Llc $33,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2022 09/15/22 Sold $75,000 +10.3% $75 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $68,000 +51.1% $68 / Sq Ft
06/08/2022 06/08/22 Sold $45,000 -25.0% $45 / Sq Ft View Prior Sale
05/06/2022 05/06/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $60,000 0.0% $60 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
02/18/2022 02/18/22 Price Changed $60,000 -14.3% $60 / Sq Ft
01/20/2022 01/20/22 For Sale $70,000 -- $70 / 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 -- $19,900 $2,000 $17,900
2024 $314 $9,250 $1,125 $8,125
2023 $563 $9,250 $1,125 $8,125
2022 $563 $9,250 $1,125 $8,125
2021 $570 $9,250 $1,125 $8,125
2019 $250 $7,825 $1,125 $6,700
2018 $250 $7,825 $1,125 $6,700
2017 $256 $7,825 $1,125 $6,700
2016 $219 $5,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frances Anderson

    Seller's Agent in 2022

    Frances Anderson

    Crye-Leike

    (901) 857-2276

    7 in this area

    151 Total Sales

    Frances Anderson
    Section Image
  • James Wachob

    Seller's Agent in 2022

    James Wachob

    Foundation Property Management

    (901) 633-1484

    15 in this area

    652 Total Sales

    James Wachob
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10126324

Memphis Area Association of REALTORS®

APN: 04-9030-0-0005

Tennessee Shelby County Memphis 38106 South Memphis

505 E Dison Ave, Memphis, TN

Not Listed for Sale

Detached

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