NOT LISTED FOR SALE

581 Harrell St Memphis, TN 38112

Binghampton Neighborhood

Estimated Value: $71,000 - $184,000

3 Beds
1 Bath
100-999 Sq Ft
$113/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $40,000 $40 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $657/month

55 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring
  • Some Wood Windows
  • Level Lot

About This Home

As of September 2022

Investment property off Broad Ave - a quick trip to the Broad Ave Arts District Also off Summer Ave with great access to retail amenities. Excellent Air B&B opportunity in a quickly emerging area Property being sold "As-Is".

Last Agent to Sell the Property

Africa McCloy

Crye-Leike, Inc., REALTORS License #348663 Listed on: 07/11/2022

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Crystal Mitchell

Renshaw Company, REALTORS License #346815

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 940 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Avon Hgts Re Blk 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 037021 00008

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: AVON HEIGHTS BLK 1
  • List Price Per Sq Ft: 73
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 940
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room

Exterior Features

  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 20-21
  • Acreage: 0.13
  • Lot Size: 50X120

Tax Info

  • Assessor Parcel Number: 037021 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Sep 28, 2022
Sold by
Saffarini Properties Investments Inc
Bought by
Robles Ivan
Seller's Agent
Africa McCloy
Crye-Leike, Inc., REALTORS
Buyer's Agent
Crystal Mitchell
Renshaw Company, REALTORS
List Price
$69,000
Sold Price
$40,000
Premium/Discount to List
-$29,000
-42.03%
Current Estimated Value
$112,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,955
Avg. Annual Appreciation
36.97%
Original Mortgage
$40,000
Outstanding Balance
$38,451
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$74,504

Purchase Details

Listed on
Sep 27, 2020
Closed on
Apr 30, 2021
Sold by
Turner Kenneth and Turner Ann
Bought by
Saffarini Properties Investments Inc
Seller's Agent
Kenneth Turner
KAIZEN Realty, LLC
Buyer's Agent
April Linn
C21 Patterson & Assoc. Real Es
List Price
$25,500
Sold Price
$27,500
Premium/Discount to List
$2,000
7.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.44%

Purchase Details

Closed on
Aug 30, 2012
Sold by
Jones Mary Flagg
Bought by
Turner Theyer Ann and Turner Kenneth
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
Robles Ivan $40,000 --
Saffarini Properties Investments Inc $27,500 Memphis Title
Turner Theyer Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robles Ivan $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2022 09/28/22 Sold $40,000 -42.0% $400 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $69,000 +150.9% $690 / Sq Ft
04/30/2021 04/30/21 Sold $27,500 -8.3% $29 / Sq Ft View Prior Sale
04/01/2021 04/01/21 Pending -- -- --
01/17/2021 01/17/21 Price Changed $30,000 +17.6% $32 / Sq Ft
01/09/2021 01/09/21 For Sale $25,500 -7.3% $27 / Sq Ft
10/05/2020 10/05/20 Off Market $27,500 -- --
10/05/2020 10/05/20 Pending -- -- --
09/29/2020 09/29/20 Price Changed $25,500 +1.4% $27 / Sq Ft
09/28/2020 09/28/20 For Sale $25,160 0.0% $27 / Sq Ft
09/28/2020 09/28/20 Price Changed $25,160 -8.5% $27 / Sq Ft
09/27/2020 09/27/20 Off Market $27,500 -- --
09/27/2020 09/27/20 For Sale $30,000 -- $32 / 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 $869 $30,375 $2,250 $28,125
2024 $604 $25,625 $1,125 $24,500
2023 $1,086 $6,625 $1,125 $5,500
2022 $404 $6,625 $1,125 $5,500
2021 $408 $6,625 $1,125 $5,500
2019 $176 $5,500 $1,125 $4,375
2018 $176 $5,500 $1,125 $4,375
2017 $180 $5,500 $1,125 $4,375
2016 $247 $5,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Africa McCloy

    Seller's Agent in 2022

    Africa McCloy

    Crye-Leike, Inc., REALTORS

    (901) 239-4493

    3 in this area

    134 Total Sales

    Africa McCloy
    Section Image
  • Crystal Mitchell

    Buyer's Agent in 2022

    Crystal Mitchell

    Renshaw Company, REALTORS

    (901) 864-2650

    20 in this area

    214 Total Sales

    Crystal Mitchell
    Section Image

  • K

    Seller's Agent in 2021

    Kenneth Turner

    KAIZEN Realty, LLC

    (901) 690-3899

    1 in this area

    6 Total Sales

    Kenneth Turner
    Section Image
  • April Linn

    Buyer's Agent in 2021

    April Linn

    C21 Patterson & Assoc. Real Es

    (901) 833-9910

    2 in this area

    28 Total Sales

    April Linn
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10128463

Memphis Area Association of REALTORS®

APN: 03-7021-0-0008

Tennessee Shelby County Memphis 38112 Binghampton

581 Harrell St, Memphis, TN

Not Listed for Sale

Detached

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