NOT LISTED FOR SALE

520 S Reese St Memphis, TN 38111

Chickasaw Gardens Neighborhood

Estimated Value: $227,917 - $269,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$207/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $175,000 $146 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,479/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Great Room
  • White Station High Rated A
  • Attic
  • Screened Porch

About This Home

As of October 2018

CENTRALLY LOCATED 2BED/1BATH HOME SITUATED ON A LARGE LOT | SCREENED PORCH | PATIO | 2 CAR CARPORT W/WORKSHOP | HARDWOOD THROUGHOUT | NEW 30YR ROOF | NEW AC CONDENSER

Last Agent to Sell the Property

Jeffrey Smith

JASCO Realty License #322248 Listed on: 08/23/2018

Last Buyer's Agent

Loyd Templeton

Ware Jones, REALTORS License #250603

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,915

Year Built

  • Built in 1941

Lot Details

  • 9,583 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,028 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Some Wood Windows
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Screened Porch
  • Attic Access Panel
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Carport
  • Workshop in Garage
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Country Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045122 00040

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,915

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 754I
  • MAAR Subdivision Name: COUNTRY CLUB
  • List Price Per Sq Ft: 170
  • Number Of Stories: 1
  • Price Per Sq Ft: 170.23
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1028
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking
  • Living Dining Kitchen: Separate Dining Room, Great Room, Washer/Dryer Connections
  • Misc Interior: Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Attic
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Screen Porch, Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood Window(s), Storm Window(s), Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2D
  • Parking Storage: Driveway/Pad, Workshop(s)

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: N PT 76
  • Acreage: 0.22
  • Lot Size: .22 ACRES
  • Price Per Acre: 795455

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 045122 00040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2018
Closed on
Oct 15, 2018
Sold by
Hill Leslie and Hill Charity
Bought by
Gaines Sheri
Seller's Agent
Jeffrey Smith
JASCO Realty
Buyer's Agent
Loyd Templeton
Ware Jones, REALTORS
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$247,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,729
Avg. Annual Appreciation
5.10%
Original Mortgage
$140,000
Outstanding Balance
$122,088
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$125,641

Purchase Details

Listed on
Jun 10, 2014
Closed on
Aug 7, 2014
Sold by
May Lindsey Sparrenberger and May Nicholas
Bought by
Hill Charity and Hill Leslie
Seller's Agent
John Quinn
REMAX Experts
Buyer's Agent
Jeffrey Smith
JASCO Realty
List Price
$147,500
Sold Price
$144,000
Premium/Discount to List
-$3,500
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$141,381
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 2008
Sold by
Cooper Karen Sanders
Bought by
Sparrenberger Lindsey and May Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,185
Interest Rate
6.31%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2004
Sold by
Pease Stephanie L and Pease Gregory J
Bought by
Cooper Karen Sanders

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2001
Sold by
Copeland Genevieve F
Bought by
Pease Stephanie L

Purchase Details

Closed on
Mar 10, 2001
Sold by
Pease Stephanie L
Bought by
Pease Gregory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,772
Interest Rate
7.37%
Source: Public Records

Range of Values:

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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
Gaines Sheri $175,000 Close Trak Closing & Title
Hill Charity $144,000 Home Surety Title & Escrow L
Sparrenberger Lindsey $151,000 Realty Title
Cooper Karen Sanders $130,000 --
Pease Stephanie L $95,550 --
Pease Gregory J -- Cumberland Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaines Sheri $140,000
Previous Owner Hill Charity $141,381
Previous Owner Sparrenberger Lindsey $150,185
Previous Owner Cooper Karen Sanders $123,500
Previous Owner Pease Gregory J $90,772
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2018 10/12/18 Sold $175,000 0.0% $175 / Sq Ft
08/25/2018 08/25/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $175,000 +21.5% $175 / Sq Ft
08/07/2014 08/07/14 Sold $144,000 -2.4% $144 / Sq Ft View Prior Sale
06/30/2014 06/30/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $147,500 -- $148 / 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 $1,915 $57,400 $12,500 $44,900
2024 $1,915 $56,475 $7,950 $48,525
2023 $3,440 $56,475 $7,950 $48,525
2022 $3,440 $56,475 $7,950 $48,525
2021 $3,481 $56,475 $7,950 $48,525
2020 $2,942 $40,600 $7,950 $32,650
2019 $1,084 $33,925 $7,950 $25,975
2018 $1,084 $33,925 $7,950 $25,975
2017 $1,110 $33,925 $7,950 $25,975
2016 $1,345 $30,775 $0 $0
2014 $1,345 $30,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Smith

    Seller's Agent in 2018

    Jeffrey Smith

    JASCO Realty

    (901) 239-5772

    21 Total Sales

    Jeffrey Smith
    Section Image
  • Loyd Templeton

    Buyer's Agent in 2018

    Loyd Templeton

    Ware Jones, REALTORS

    (901) 336-1963

    3 in this area

    66 Total Sales

    Loyd Templeton
    Section Image
  • John Quinn

    Seller's Agent in 2014

    John Quinn

    RE/MAX

    (901) 481-2008

    2 in this area

    302 Total Sales

    John Quinn
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10034984

Memphis Area Association of REALTORS®

APN: 04-5122-0-0040

Tennessee Shelby County Memphis 38111 Chickasaw Gardens

520 S Reese St, Memphis, TN

This home is located at 520 S Reese St, Memphis, TN 38111 since 23 August 2018 and is currently estimated at $247,729, approximately $206 per square foot. This property was built in 1941. 520 S Reese St is a home located in Shelby County with nearby schools including White Station Elementary School, White Station High, and White Station Middle.

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