NOT LISTED FOR SALE

562 W Mitchell Rd Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $78,000 - $85,065

3 Beds
1 Bath
1,080 Sq Ft
$76/Sq Ft Est. Value

Sale Details

Date Sold: October 12, 2022

Last sale price $70,000 $65 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $485 / mo

Highlights

  • Traditional Architecture
  • No HOA
  • Patio
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Home Security System

About This Home

As of October 2022

AS-IS, 3 Bedroom, 1 Bath home for sale within walking distance of Mitchell High School. Hardwood flooring and tile throughout. Central heat, one window unit for cooling. Roof replaced approximately 4 years ago. Must exit carport door to view back yard. Seller will only make appraiser required repairs.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $662

Year Built

  • Built in 1964

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x140

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • Property has 3 Levels
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • 1 Carport Space

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • George W Lee Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 075040 00079

Home Details

Home Type

Single Family

Est. Annual Taxes

$662

Year Built

Built in 1964

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1964
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range, Oven
  • Fireplace: No
  • Flooring: Wood, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 1080
  • Living Area Units: Square Feet

Exterior Features

  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Total Parking Spaces: 1

Utilities

  • Sewer: Other
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Security System, Smoke Detector(s)
  • Utilities: Water Available, Cable Connected

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size: 60X140
  • Lot Size Units: Acres
  • Parcel #: 075040 00079
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 662
  • Tax Lot: 9

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Oct 12, 2022
Sold by
Bought by
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Current Estimated Value
$81,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,766
Avg. Annual Appreciation
4.30%
Original Mortgage
$67,250
Outstanding Balance
$64,200
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$17,566

Purchase Details

Closed on
Jul 11, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,248
Interest Rate
7.23%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$70,000 Realty Title
$52,000 --
$52,000 --
-- Memphis Title
-- Memphis Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $67,250
Previous Owner $46,248
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2026 01/26/26 For Sale $75,000 +7.1% $69 / Sq Ft
10/12/2022 10/12/22 Sold $70,000 0.0% $65 / Sq Ft
10/12/2022 10/12/22 Sold $70,000 -6.7% $70 / Sq Ft View Prior Sale
09/07/2022 09/07/22 Pending -- -- --
08/27/2022 08/27/22 For Sale $75,000 -- $75 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $548 $20,375 $1,875 $18,500
2024 $402 $11,850 $1,350 $10,500
2023 $722 $11,850 $1,350 $10,500
2022 $722 $11,850 $1,350 $10,500
2021 $409 $11,850 $1,350 $10,500
2020 $661 $9,125 $1,350 $7,775
2019 $292 $9,125 $1,350 $7,775
2018 $292 $9,125 $1,350 $7,775
2017 $299 $9,125 $1,350 $7,775
2016 $424 $9,700 $0 $0
2014 $424 $9,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gwendolyn Ware

    BEST Real Estate Company

    (901) 830-1753

    1 in this area

    19 Total Sales

    Gwendolyn Ware
    Section Image
  • William Haynes

    Buyer's Agent in 2022

    William Haynes

    Crye-Leike, Inc., REALTORS

    (865) 454-1124

    19 in this area

    249 Total Sales

    William Haynes
    Section Image
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Map

Source: Realtracs

MLS Number: 3114272

Realtracs

APN: 07-5040-0-0079

Tennessee Shelby County Memphis 38109 Westwood

562 W Mitchell Rd, Memphis, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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