NOT LISTED FOR SALE

512 S Parkway E Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $54,214 - $70,000

2 Beds
1 Bath
100-999 Sq Ft
$61/Sq Ft Est. Value

Last Sold January 03, 2020

Last sale price $38,000 $38 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $342/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Central Heating
  • Wood Flooring
  • Eat-In Kitchen
  • 4-minute walk to Southside Park

About This Home

As of January 2020

Great Investment property. Do not disturb tenants. Newly renovated home

Last Agent to Sell the Property

Terrance Hill

eXp Realty, LLC License #323978 Listed on: 11/22/2019

eXp Realty, LLC

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $261

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 42 x 120
  • Chain Link Fence

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 953 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Wood Flooring
  • Iron Doors
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • Barbour Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025057 00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$261

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: BARBOUR BLK C
  • List Price Per Sq Ft: 47
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 953
  • 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: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood Window(s)

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central

Lot Info

  • Lot Description: Chain Fenced
  • Lot Number: 81
  • Acreage: 0.11
  • Lot Size: 42 X 120

Tax Info

  • Assessor Parcel Number: 025057 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Jan 3, 2020
Sold by
Pathan Zeenan
Bought by
Williams Leon V
Seller's Agent
Terrance Hill
eXp Realty, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$50,000
Sold Price
$38,000
Premium/Discount to List
-$12,000
-24%
Current Estimated Value
$61,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,304
Avg. Annual Appreciation
8.56%

Purchase Details

Closed on
Oct 25, 2018
Sold by
Willis Earnest
Bought by
Pathan Zeenam

Purchase Details

Listed on
Jun 25, 2012
Closed on
Jul 13, 2012
Sold by
Fannie Mae
Bought by
Willis Earnest
Seller's Agent
Oliver Peyton
The Peyton Co., Inc., REALTORS
Buyer's Agent
Courvoisier Monroe
First National Realty, REALTOR
List Price
$5,000
Sold Price
$5,017
Premium/Discount to List
$17
0.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.71%

Purchase Details

Listed on
Jun 25, 2012
Closed on
Jun 15, 2012
Sold by
Tennessee Investment Rental Property Llc
Bought by
Federal National Mortgage Association
Seller's Agent
Oliver Peyton
The Peyton Co., Inc., REALTORS
Buyer's Agent
Courvoisier Monroe
First National Realty, REALTOR
List Price
$5,000
Sold Price
$5,017
Premium/Discount to List
$17
0.34%

Purchase Details

Closed on
Aug 1, 2006
Sold by
Reedy Debra L
Bought by
Tennessee Investment Rental Property Llc

Purchase Details

Closed on
Apr 8, 2002
Sold by
Tennessee Rehab Inc
Bought by
Reedy Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,750
Interest Rate
7.07%

Purchase Details

Closed on
Feb 27, 2002
Sold by
Poole Calvin
Bought by
Tennessee Rehab Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,750
Interest Rate
7.07%
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
Williams Leon V $38,000 None Available
Pathan Zeenam $10,000 None Available
Willis Earnest $5,017 Alliance Title & Escrow Llc
Federal National Mortgage Association $40,919 None Available
Tennessee Investment Rental Property Llc -- None Available
Reedy Debra -- Fayette County Title Company
Tennessee Rehab Inc $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reedy Debra $39,750
Previous Owner Tennessee Rehab Inc $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2020 01/03/20 Sold $38,000 -15.6% $380 / Sq Ft
12/18/2019 12/18/19 Price Changed $45,000 -10.0% $450 / Sq Ft
11/22/2019 11/22/19 For Sale $50,000 +896.6% $500 / Sq Ft
07/13/2012 07/13/12 Sold $5,017 +0.3% $50 / Sq Ft View Prior Sale
07/02/2012 07/02/12 Pending -- -- --
06/25/2012 06/25/12 For Sale $5,000 -- $50 / 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 $261 $10,100 $1,025 $9,075
2024 -- $7,700 $750 $6,950
2023 $469 $7,700 $750 $6,950
2022 $469 $7,700 $750 $6,950
2021 $475 $7,700 $750 $6,950
2020 $437 $6,025 $750 $5,275
2019 $193 $6,025 $750 $5,275
2018 $193 $6,025 $750 $5,275
2017 $197 $6,025 $750 $5,275
2016 $257 $5,875 $0 $0
2014 $257 $5,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terrance Hill

    Seller's Agent in 2020

    Terrance Hill

    eXp Realty, LLC

    (901) 691-2722

    5 in this area

    113 Total Sales

    Terrance Hill
    Section Image

  • N

    Buyer's Agent in 2020

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Oliver Peyton

    Seller's Agent in 2012

    Oliver Peyton

    The Peyton Co., Inc., REALTORS

    (901) 351-8692

    1 in this area

    41 Total Sales

    Oliver Peyton
    Section Image

  • C

    Buyer's Agent in 2012

    Courvoisier Monroe

    First National Realty, REALTOR

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10066555

Memphis Area Association of REALTORS®

APN: 02-5057-0-0017

Tennessee Shelby County Memphis 38106 South Memphis

512 S Parkway E, Memphis, TN

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