NOT LISTED FOR SALE

551 Mineral Rd Memphis, TN 38120

Audubon Park Neighborhood

Estimated Value: $187,000 - $221,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$168/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $195,000 $163 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,156/month

24 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Central Heating and Cooling System
  • Richland Elementary School Rated A-
  • Separate Formal Living Room
  • Level Lot

About This Home

As of March 2023

Back on the market. Just Reduce $10k Moving in ready. Proof of fund or preapproval. This house qualify for 3% down conventional loan, 3.50% DOWN FHA AND 0% DOWN VA Loan Ask about No Income, No Job, No Tax Return program with 20%+down and for Investor 620+ credit score No Income. No debt to ratio requires. Foreign investors with 30% down no credit score No income. Ask your real estate agent to call me for more information

Last Agent to Sell the Property

David Truong

eXp Realty, LLC License #285299 Listed on: 01/27/2023

eXp Realty, LLC

Last Buyer's Agent

Walter Jones

BEST Real Estate Company License #358322

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,091

Year Built

  • Built in 1955

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x134
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,077 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Wood Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Mary Lou Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 068066 00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,091

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 756B
  • MAAR Subdivision Name: MARY LOU HEIGHTS
  • List Price Per Sq Ft: 186
  • Number Of Stories: 1
  • Price Per Sq Ft: 181.06
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1077
  • Year Built: 1955
  • 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: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 11
  • Acreage: 0.18
  • Lot Size: 60X134
  • Price Per Acre: 1111056

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 068066 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2023
Sold by
Franchini Blake and Franchini Casey
Bought by
Yellow Door Properties Llc
Current Estimated Value
$200,904

Purchase Details

Listed on
Jan 27, 2023
Closed on
Mar 30, 2023
Sold by
Nguyen Nick Cao
Bought by
Franchini Blake and Franchini Casey
Seller's Agent
David Truong
eXp Realty, LLC
Buyer's Agent
Walter Jones
BEST Real Estate Company
List Price
$199,990
Sold Price
$195,000
Premium/Discount to List
-$4,990
-2.5%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.18%
Original Mortgage
$146,250
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2020
Sold by
Estate Of Howard Calyton Cave
Bought by
Nguyen Hung C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
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
Yellow Door Properties Llc -- None Listed On Document
Franchini Blake $195,000 Saddle Creek Title
Nguyen Hung C $120,000 Edco Ttl & Closing Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franchini Blake $146,250
Previous Owner Nguyen Hung C $214,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2023 03/30/23 Sold $195,000 -2.5% $195 / Sq Ft
03/02/2023 03/02/23 For Sale $199,990 0.0% $200 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/08/2023 02/08/23 Price Changed $199,990 -4.7% $200 / Sq Ft
01/27/2023 01/27/23 For Sale $209,900 -- $210 / 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 $1,091 $48,550 $10,000 $38,550
2024 $1,091 $32,175 $6,350 $25,825
2023 $1,960 $32,175 $6,350 $25,825
2022 $1,960 $32,175 $6,350 $25,825
2021 $873 $32,175 $6,350 $25,825
2020 $1,525 $21,050 $5,150 $15,900
2019 $656 $21,050 $5,150 $15,900
2018 $656 $21,050 $5,150 $15,900
2017 $656 $21,050 $5,150 $15,900
2016 $843 $19,300 $0 $0
2014 $843 $19,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Truong

    Seller's Agent in 2023

    David Truong

    eXp Realty, LLC

    (901) 503-3947

    8 in this area

    185 Total Sales

    David Truong
    Section Image
  • Walter Jones

    Buyer's Agent in 2023

    Walter Jones

    BEST Real Estate Company

    (901) 235-3245

    10 in this area

    81 Total Sales

    Walter Jones
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10141142

Memphis Area Association of REALTORS®

APN: 06-8066-0-0008

Tennessee Shelby County Memphis 38120 Audubon Park

551 Mineral Rd, Memphis, TN

This home is located at 551 Mineral Rd, Memphis, TN 38120 since 27 January 2023 and is currently estimated at $200,904, approximately $167 per square foot. This property was built in 1955. 551 Mineral Rd is a home located in Shelby County with nearby schools including Richland Elementary School, White Station Middle, and White Station High.

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