NOT LISTED FOR SALE

562 Sabine St Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $128,000 - $186,000

2 Beds
1.5 Baths
1,120 Sq Ft
$130/Sq Ft Est. Value

Sale Details

Date Sold: July 18, 2022

Last sale price $125,000 $112 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $823 / mo

93 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Central Heating and Cooling System
  • Richland Elementary School Rated 9+
  • Patio
  • Partially Carpeted

About This Home

As of July 2022

SURROUNDED BY BEAUTIFUL 400K+ HOMES IN PERKINS PARK, PRINCETON WOODS, OAKVIEW, PECANHURST, MARY STARNES, AND CHICKASAW. Great East Memphis location. Good Condition. Many upgrades. Must see 2 story townhouse. Central heat/air. Low taxes. Please make offers contingent upon inspection do not disturb tenants. Interior photos taken prior to tenant move-in.

Last Agent to Sell the Property

Michael Frizzell

Grind City Realty License #301725 Listed on: 04/13/2022

Last Buyer's Agent

Raymond Henderson

Keller Williams License #306368

Keller Williams

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1969

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 20x80

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,120 Sq Ft Home
  • 2-Story Property
  • Partially Carpeted
  • Iron Doors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • Cove
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • Shifri Re Sd Of Lot 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 064004 00058

Townhouse Details

Home Type

Townhome

Year Built

Built in 1969

Lot Details

1,307 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SHIFRI
  • List Price Per Sq Ft: 112
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1120
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 10000+
  • Bedrooms: 2
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking Storage: On-Street Parking

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level, Cove
  • Lot Number: B
  • Acreage: 0.03
  • Lot Size: 20X80

Tax Info

  • Assessor Parcel Number: 064004 00058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
Jul 15, 2022
Sold by
Waddell Rupprecht and Waddell Victoria
Bought by
Thomas Terrice
Seller's Agent
Michael Frizzell
Grind City Realty
Buyer's Agent
Raymond Henderson
Keller Williams
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$146,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,049
Avg. Annual Appreciation
4.24%
Original Mortgage
$122,735
Outstanding Balance
$116,575
Interest Rate
5.23%
Mortgage Type
FHA
Estimated Equity
$29,474

Purchase Details

Closed on
Apr 8, 2022
Sold by
Waddell Stanley R
Bought by
Waddell Victoria and Rupprecht Matthew

Purchase Details

Closed on
Aug 15, 2006
Sold by
Trotter Cathey E
Bought by
Waddell Stanley R and Waddell Joella C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,440
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 1996
Bought by
Ehrlicher Elizabeth K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,388
Interest Rate
7.8%
Mortgage Type
FHA
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
Thomas Terrice $125,000 Baymark Title & Escrow Service
Waddell Victoria -- Summit Title & Escrow
Waddell Stanley R $48,000 None Available
Ehrlicher Elizabeth K $39,500 --
Trotter Cathey E $39,500 --
Trotter Cathey E $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Terrice $122,735
Previous Owner Waddell Stanley R $39,440
Previous Owner Trotter Cathey E $40,388
Closed Trotter Cathey E $1,794
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2022 07/18/22 Sold $125,000 0.0% $112 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $125,000 -- $112 / 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 $513 $29,100 $3,125 $25,975
2024 $513 $15,125 $3,125 $12,000
2023 $921 $15,125 $3,125 $12,000
2022 $921 $15,125 $3,125 $12,000
2021 $522 $15,125 $3,125 $12,000
2019 $408 $12,750 $3,125 $9,625
2018 $408 $12,750 $3,125 $9,625
2017 $417 $12,750 $3,125 $9,625
2016 $467 $10,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Frizzell

    Seller's Agent in 2022

    Michael Frizzell

    Grind City Realty

    (901) 485-3203

    11 in this area

    109 Total Sales

    Michael Frizzell
    Section Image

  • R

    Buyer's Agent in 2022

    Raymond Henderson

    Keller Williams

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10121645

Memphis Area Association of REALTORS®

APN: 06-4004-0-0058

Tennessee Shelby County Memphis 38117 East Memphis

562 Sabine St, Memphis, TN

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