NOT LISTED FOR SALE

574 W Mitchell Rd Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $71,000 - $91,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$70/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $19,500 $16 Per Sq Ft

Est. 329% increase in value since last sale

Current estimated payment $515/month

31 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • 1 Car Attached Garage
  • Level Lot

About This Home

As of May 2013

Great potential in this brick spacious living room, eat in kitchen with lots of cabinets, 3 bedrooms, 1 and 1/2 bath, fenced backyard and single carport. With a HomePath Renovation Mortgage you can fix up this home to your taste with just 3 percent down.

Last Agent to Sell the Property

Carol Tate

Tate Realty and Construction License #56037 Listed on: 03/25/2013

Last Buyer's Agent

Frank Whitington

Whitington Company License #252034

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,091 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Carport

Utilities

  • Central Heating and Cooling System

Community Details

  • George W Lee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075040 00081

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 762A
  • MAAR Subdivision Name: GEORGE W LEE
  • Number Of Stories: 1
  • Price Per Sq Ft: 17.87
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1091
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 87
  • Acreage: 0.17
  • Lot Size: 7492

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 075040 00081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2013
Closed on
Jul 3, 2013
Sold by
Pakaru Property Llc
Bought by
Areem Llc
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Frank Whitington
Whitington Company
List Price
$22,500
Sold Price
$19,500
Premium/Discount to List
-$3,000
-13.33%
Current Estimated Value
$83,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,071
Avg. Annual Appreciation
12.01%
Original Mortgage
$16,800
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 25, 2013
Closed on
May 17, 2013
Sold by
Fannie Mae
Bought by
Pakaru Property Llc
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Frank Whitington
Whitington Company
List Price
$22,500
Sold Price
$19,500
Premium/Discount to List
-$3,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,800
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2011
Sold by
Whipps Jared
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 20, 2007
Sold by
Memphis Equity & Investments Llc
Bought by
Whipps Jared

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2006
Sold by
Federal National Mortgage Association
Bought by
Memphis Equity & Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,042
Interest Rate
6.27%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 24, 2006
Sold by
Hawkins Patricia A and Johnson Patricia A
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Areem Llc $23,400 None Available
Pakaru Property Llc $19,500 None Available
Federal National Mortgage Association $55,994 None Available
Whipps Jared -- None Available
Memphis Equity & Investment Llc $25,500 None Available
Federal National Mortgage Association $24,085 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pakaru Property Llc $16,800
Previous Owner Whipps Jared S $433,000
Previous Owner Whipps Jared $45,000
Previous Owner Memphis Equity & Investment Llc $40,042
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2013 05/17/13 Sold $19,500 -13.3% $20 / Sq Ft
04/25/2013 04/25/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $22,500 -- $23 / 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 -- $18,350 $1,775 $16,575
2024 -- $11,825 $1,275 $10,550
2023 $720 $11,825 $1,275 $10,550
2022 $720 $11,825 $1,275 $10,550
2021 $729 $11,825 $1,275 $10,550
2020 $659 $9,100 $1,275 $7,825
2019 $659 $9,100 $1,275 $7,825
2018 $659 $9,100 $1,275 $7,825
2017 $374 $9,100 $1,275 $7,825
2016 $423 $9,675 $0 $0
2014 $423 $9,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Carol Tate

    Tate Realty and Construction

    (901) 458-4663

    3 in this area

    38 Total Sales

    Carol Tate
    Section Image

  • F

    Buyer's Agent in 2013

    Frank Whitington

    Whitington Company

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3267998

Memphis Area Association of REALTORS®

APN: 07-5040-0-0081

Tennessee Shelby County Memphis 38109 Westwood

574 W Mitchell Rd, Memphis, TN

This home is located at 574 W Mitchell Rd, Memphis, TN 38109 since 25 March 2013 and is currently estimated at $83,571, approximately $69 per square foot. This property was built in 1960. 574 W Mitchell Rd is a home located in Shelby County with nearby schools including Ford Road Elementary School, Chickasaw Middle School, and Mitchell High School.

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