NOT LISTED FOR SALE

559 Stephens Place Memphis, TN 38126

South Memphis Neighborhood

Estimated Value: $75,000 - $132,000

1 Bed
1 Bath
2,560 Sq Ft
$41/Sq Ft Est. Value

Last Sold July 05, 2017

Last sale price $25,000 $10 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $583/month

59 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Some Wood Windows
  • Separate Formal Living Room
  • Formal Dining Room
  • Porch

About This Home

As of July 2017

Nice, maintained duplex with 3 bedrooms, 2 baths on one side and 1 bedroom, 1 bath on the other. You can live on one side and rent the other or have good rental income.

Last Agent to Sell the Property

Wendy Smith

Niter & Associates License #301736 Listed on: 04/15/2017

Last Buyer's Agent

Carolyn Holderfield

Agner & Associates, LLC License #307634

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x136.8
  • Chain Link Fence
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Bungalow
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,560 Sq Ft Home
  • 1.2-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Attic Access Panel
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Gas Water Heater

Community Details

  • Divine Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025021 00003

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Bungalow
  • MAAR Subdivision Name: DIVINE HILL
  • Freestanding: Yes
  • List Price Per Sq Ft: 12
  • Number Of Stories: 1.2
  • Estimated Sq Ft: 2560
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood, Vinyl Floor
  • Estimated Entire Duplex Sq Ft: 2400-2599
  • Miscellaneous Interior: Attic Access, Unknown

Exterior Features

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

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: 1 Window Unit per Unit
  • Heating: Floor Furnace
  • Hot Water: Gas

Lot Info

  • Lot Description: Level, Chain Fenced
  • Lot Number: 13
  • Acreage: 0.15
  • Lot Size: 50X136.8

Tax Info

  • Assessor Parcel Number: 025021 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2023
Sold by
Mckinnie Kendra
Bought by
Crawford Monterrio
Current Estimated Value
$106,000

Purchase Details

Closed on
Jul 14, 2023
Sold by
Castle Lawrence
Bought by
Mckinnie Kendra

Purchase Details

Closed on
Oct 17, 2022
Sold by
Ewing Cedric
Bought by
Castle Lawrence

Purchase Details

Listed on
Apr 15, 2017
Closed on
Jul 5, 2017
Sold by
Bell Ryamond C and Bell Ernest C
Bought by
Ewing Cedric and Ewing Yulonda
Seller's Agent
Wendy Smith
Niter & Associates
Buyer's Agent
Carolyn Holderfield
Agner & Associates, LLC
List Price
$45,000
Sold Price
$25,000
Premium/Discount to List
-$20,000
-44.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.24%

Purchase Details

Listed on
Apr 15, 2017
Closed on
Jun 13, 2017
Sold by
Bell Houston Patterson and Coeman Marilyn Bell
Bought by
Coleman Marilyn Bell
Seller's Agent
Wendy Smith
Niter & Associates
Buyer's Agent
Carolyn Holderfield
Agner & Associates, LLC
List Price
$45,000
Sold Price
$25,000
Premium/Discount to List
-$20,000
-44.44%
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
Crawford Monterrio $75,000 None Listed On Document
Mckinnie Kendra $55,000 Saddle Creek Title
Castle Lawrence -- --
Ewing Cedric $25,000 Fntg
Coleman Marilyn Bell -- Executive Title & Closing In
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2017 07/05/17 Sold $25,000 -44.4% $10 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
04/15/2017 04/15/17 For Sale $45,000 -- $18 / Sq Ft
Source: Memphis Area 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 $464 $28,520 $2,800 $25,720
2024 $464 $13,680 $1,400 $12,280
2023 $833 $13,680 $1,400 $12,280
2022 $833 $13,680 $1,400 $12,280
2021 $990 $13,680 $1,400 $12,280
2020 $1,901 $26,240 $1,400 $24,840
2019 $839 $26,240 $1,400 $24,840
2018 $839 $26,240 $1,400 $24,840
2017 $537 $16,400 $875 $15,525
2016 $823 $18,825 $0 $0
2014 $823 $18,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2017

    Wendy Smith

    Niter & Associates

    Section Image

  • C

    Buyer's Agent in 2017

    Carolyn Holderfield

    Agner & Associates, LLC

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10000351

Memphis Area Association of REALTORS®

APN: 02-5021-0-0003

Tennessee Shelby County Memphis 38126 South Memphis

559 Stephens Place, Memphis, TN

Not Listed for Sale

MultiFamily

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