NOT LISTED FOR SALE

508 Lambuth Blvd Jackson, TN 38301

Downtown Jackson Neighborhood

Estimated Value: $160,000 - $196,000

4 Beds
2 Baths
2,315 Sq Ft
$78/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $165,253 $71 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $967/month

55 Days on Market

Highlights

  • No HOA
  • In-Law or Guest Suite
  • Detached Carport Space
  • Front Porch
  • Entrance Foyer
  • Luxury Vinyl Tile Flooring

About This Home

As of July 2024

OPPORTUNITY KNOCKS! 2 houses on one property. Property is within walking distance to University of Memphis. Lots and Lots of updates. Main house comes with with 4 bedrooms, 2 baths, kitchen, living room, den and dining room. Lots of space. Plus, there is the 2nd house that has one bedroom, bath, living room kitchen combo. Great income opportunity or a mother in law suite. This property has lots to offer. Home is being sold as is. Lots of space for the money. Do not miss this opportunity.

Last Agent to Sell the Property

Tammy Jones

Total Realty Source License #312854 Listed on: 04/06/2024

Last Buyer's Agent

Rachel Fullington

Hickman Realty Group Inc.-Jack License #357616

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 8,756

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,315 Sq Ft Home
  • 1.5-Story Property
  • Entrance Foyer

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Detached Carport Space

Utilities

  • Central Air
  • Water Heater

Additional Features

  • Front Porch
  • Lot Dimensions are 53x155

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 005.00

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

8,756 Sq Ft Lot

Listing Details

  • Year Built: 1947
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Road Surface Type: Paved
  • Co List Office Phone: 731-300-6773
  • MLS Status: Closed
  • Subdivision Name: None
  • Carport Y N: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 005.00
  • General Property Information Accessibility Features YN2: No
  • General Property Information Lot Size Dimensions: 53x155
  • General Property Information New Construction YN: No
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Currently Not Used Association YN: No
  • Currently Not Used Cooling YN: Yes
  • General Property Information Carport YN: Yes
  • Flooring:Carpet: Yes
  • Flooring Luxury Vinyl: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:One and One Half: Yes
  • General Property Information Resort YN: No
  • General Property Information Home Warranty YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Entrance Foyer, In-Law Floorplan
  • Appliances: Electric Oven, Electric Range, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Luxury Vinyl
  • ResoLivingAreaSource: Assessor
  • Appliances:Electric Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Pool Features: None
  • View: No
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Front Porch
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Parking Total: 1.0
  • Parking Features:Detached Carport: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Water Source: Public
  • Water Heater: Yes
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 005.00
  • Lot Dimensions: 53x155

Tax Info

  • Tax Map Number: 078i

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2024
Closed on
Jul 16, 2024
Sold by
Mehdian Rasoul
Bought by
Brownlee John Bonner
Seller's Agent
Tammy Jones
Total Realty Source
Buyer's Agent
Rachel Fullington
Hickman Realty Group Inc.-Jack
List Price
$189,900
Sold Price
$165,253
Premium/Discount to List
-$24,647
-12.98%
Views
108
Current Estimated Value
$180,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,851
Avg. Annual Appreciation
5.56%
Original Mortgage
$148,728
Outstanding Balance
$146,686
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$33,418

Purchase Details

Listed on
Nov 29, 2017
Closed on
Apr 10, 2018
Sold by
Ditech Financial Llc
Bought by
Mehdian Rasoul
Seller's Agent
Barbara Peterson
Five Star Real Estate Services
Buyer's Agent
Ramona Lyons
DCL-7 Properties
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.14%

Purchase Details

Closed on
Apr 11, 2017
Sold by
Middleton Robert
Bought by
Ditech Financial Llc

Purchase Details

Closed on
Jun 8, 2007
Sold by
Nicholson Cathy J
Bought by
Robert Middleton

Purchase Details

Closed on
Jan 6, 1999
Sold by
Maxwell Cecil A
Bought by
Nicholson Cathy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,300
Interest Rate
6.72%

Purchase Details

Closed on
Aug 26, 1968
Bought by
Maxwell Cecil A and Maxwell Carolyn C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Brownlee John Bonner $165,253 None Listed On Document
Brownlee John Bonner $165,253 None Listed On Document
Mehdian Rasoul $45,000 None Available
Ditech Financial Llc $55,500 --
Robert Middleton $74,400 --
Nicholson Cathy J $65,000 --
Maxwell Cecil A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brownlee John Bonner $148,728
Closed Brownlee John Bonner $148,728
Previous Owner Maxwell Cecil A $66,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2024 07/16/24 Sold $165,253 -13.0% $71 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
04/27/2024 04/27/24 For Sale $189,900 0.0% $82 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/06/2024 04/06/24 For Sale $189,900 +322.0% $82 / Sq Ft
04/16/2018 04/16/18 Sold $45,000 -9.8% $25 / Sq Ft View Prior Sale
04/02/2018 04/02/18 Pending -- -- --
11/29/2017 11/29/17 For Sale $49,900 -- $28 / Sq Ft
Source: Central West Tennessee Association of REALTORS®

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 $509 $31,975 $5,900 $26,075
2024 $509 $27,150 $5,900 $21,250
2022 $947 $27,150 $5,900 $21,250
2021 $813 $18,850 $3,750 $15,100
2020 $813 $18,850 $3,750 $15,100
2019 $813 $18,850 $3,750 $15,100
2018 $813 $18,850 $3,750 $15,100
2017 $675 $15,300 $1,250 $14,050
2016 $648 $15,750 $1,250 $14,500
2015 $648 $15,750 $1,250 $14,500
2014 $648 $15,750 $1,250 $14,500
Source: Public Records

Agents Affiliated with this Home

  • Tammy Jones

    Seller's Agent in 2024

    Tammy Jones

    Total Realty Source

    (731) 225-3158

    1 in this area

    59 Total Sales

    Tammy Jones
    Section Image

  • R

    Buyer's Agent in 2024

    Rachel Fullington

    Hickman Realty Group Inc.-Jack

    (731) 571-5584

    2 in this area

    80 Total Sales

    Rachel Fullington
    Section Image

  • B

    Seller's Agent in 2018

    Barbara Peterson

    Five Star Real Estate Services

    Section Image
  • Ramona Lyons

    Buyer's Agent in 2018

    Ramona Lyons

    DCL-7 Properties

    (731) 313-0650

    7 in this area

    60 Total Sales

    Ramona Lyons
    Section Image
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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 241492

Central West Tennessee Association of REALTORS®

APN: 078I-L-005.00

Tennessee Madison County Jackson 38301 Downtown Jackson

508 Lambuth Blvd, Jackson, TN

Not Listed for Sale

Detached

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