NOT LISTED FOR SALE

554 Read St Memphis, TN 38122

East Memphis Neighborhood

Estimated Value: $115,543 - $146,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$110/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $80,000 $67 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $728/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Porch
  • Wood Flooring
  • Some Wood Windows
  • Eat-In Kitchen

About This Home

As of November 2020

Terrific buy! 3 bedrooms, 1 bath, eat-in kitchen, separate dining room, and den. Hardwood floors throughout except kitchen. New hot water tank. Smooth ceilings and neutral paint. Large fenced backyard. Nice quiet area. Being sold as-is. Great investment opportunity or add some TLC and make it your own!

Last Agent to Sell the Property

Robbie Conn

Coldwell Banker Collins-Maury License #277702 Listed on: 10/20/2020

Coldwell Banker Collins-Maury

Last Buyer's Agent

Chastity Wamble

Moss Real Estate License #330095

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 58x123
  • Wood Fence
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,059 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Satellite Dish

Community Details

  • Gram Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 054041 00025

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GRAM PARK
  • List Price Per Sq Ft: 63
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1059
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Master Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Vinyl Floor
  • Full Bathrooms: 1
  • Equipment: Dishwasher, Satellite Dish
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Washer/Dryer Connections, W/D Connection in Kitchen
  • Master Bedroom: Level 1, Smooth Ceiling, Hardwood Floor
  • Misc Interior: Excl Some Window Treatmnt, Pull Down Attic Stairs

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 15
  • Acreage: 0.16
  • Lot Size: 58X123

Tax Info

  • Assessor Parcel Number: 054041 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2020
Closed on
Nov 5, 2020
Sold by
Greer Theresa and Simpson Mary A
Bought by
Jaroto Llc
Seller's Agent
Robbie Conn
Coldwell Banker Collins-Maury
Buyer's Agent
Chastity Wamble
Moss Real Estate
List Price
$67,000
Sold Price
$80,000
Premium/Discount to List
$13,000
19.4%
Current Estimated Value
$131,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,386
Avg. Annual Appreciation
10.01%

Purchase Details

Closed on
Feb 2, 1996
Sold by
Evans Elsie L and Evans Elsie R Lawseen
Bought by
Mulu Jacob R and Mulu Mary L
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
Jaroto Llc $80,000 Erickson Title & Closing Llc
Mulu Jacob R -- --
Mulu Jacob R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2020 11/05/20 Sold $80,000 +19.4% $80 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $67,000 -- $67 / 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 $580 $20,675 $5,175 $15,500
2024 $580 $17,100 $2,300 $14,800
2023 $1,042 $17,100 $2,300 $14,800
2022 $1,042 $17,100 $2,300 $14,800
2021 $1,054 $17,100 $2,300 $14,800
2020 $886 $12,225 $1,850 $10,375
2019 $391 $12,225 $1,850 $10,375
2018 $391 $12,225 $1,850 $10,375
2017 $400 $12,225 $1,850 $10,375
2016 $492 $11,250 $0 $0
2014 $492 $11,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Robbie Conn

    Coldwell Banker Collins-Maury

    Section Image
  • Chastity Wamble

    Buyer's Agent in 2020

    Chastity Wamble

    Moss Real Estate

    (901) 569-9024

    8 in this area

    46 Total Sales

    Chastity Wamble
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10087251

Memphis Area Association of REALTORS®

APN: 05-4041-0-0025

Tennessee Shelby County Memphis 38122 East Memphis

554 Read St, Memphis, TN

Not Listed for Sale

Detached

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