NOT LISTED FOR SALE

582 E Mallory Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $57,000 - $84,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$57/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $42,500 $35 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $393/month

156 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Brick Veneer
  • Wood Flooring
  • Separate Formal Living Room
  • Outdoor Storage

About This Home

As of August 2023

CALLING ALL INVESTORS!! LOOKING TO PICK UP SOME GREAT PROPERTIES IN MEMPHIS WITH IMMEDIATE CASH FLOW?? THERE ARE A TOTAL OF 7 SINGLE FAMILY HOMES AVAILABLE FOR SALE AS A PACKAGE OR SOLD INDIVIDUALLY. THIS HOME IS CURRENTLY OCCUPIED WITH A LONG TERM TENANT at $575 MONTH. SOME REPAIRS WERE RECENTLY COMPLETED. PLEASE DO NOT DISTURB THE TENANT, DRIVE BY AND SUBMIT YOUR OFFER SUBJECT TO INSPECTION. SHOWINGS WILL BE SET UP WITH ACCEPTABLE OFFER. BEING SOLD "AS IS"

Last Agent to Sell the Property

Tonya Mosley

Diamond Properties, Inc. License #254530 Listed on: 03/01/2023

Last Buyer's Agent

Erika Davis

Epique Realty License #372118

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,330 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring
  • Iron Doors
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Workshop in Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Additional Features

  • Outdoor Storage
  • Ground Level

Community Details

  • South Side Highlands Blk 216 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049060 00019

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SOUTH SIDE HIGHLANDS BLK 216
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1330
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Number Of Fireplaces: 1

Exterior Features

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

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Workshop(s)

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: N PT 17
  • Acreage: 0.16
  • Lot Size: 50X140

Tax Info

  • Assessor Parcel Number: 049060 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2013
Sold by
Lipford Eunice
Bought by
Sterling Om Llc
Current Estimated Value
$68,941

Purchase Details

Listed on
Jun 27, 2013
Closed on
Sep 23, 2013
Sold by
Federal National Mortgage Association
Bought by
Lipford Eunice
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Esther Guy
BenchMark REALTORS, LLC
List Price
$15,000
Sold Price
$12,000
Premium/Discount to List
-$3,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.30%

Purchase Details

Closed on
May 30, 2013
Sold by
Sykes Acey
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 18, 2003
Sold by
Bank One Na
Bought by
Sykes Acey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2003
Sold by
Gaines Ellen Jean
Bought by
Bank One Na and Amortizing Residential Collateral Trust
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
Sterling Om Llc $27,000 None Available
Lipford Eunice $12,000 Landcastle Title Llc
Federal National Mortgage Association $27,360 None Available
Sykes Acey $40,000 Edco Title & Closing Service
Bank One Na $26,633 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sykes Acey $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2023 08/10/23 Sold $42,500 -19.0% $43 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
05/08/2023 05/08/23 Price Changed $52,500 -8.7% $53 / Sq Ft
03/28/2023 03/28/23 Price Changed $57,500 -8.0% $58 / Sq Ft
03/01/2023 03/01/23 For Sale $62,500 +420.8% $63 / Sq Ft
09/27/2013 09/27/13 Sold $12,000 -20.0% $8 / Sq Ft View Prior Sale
09/16/2013 09/16/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $15,000 -- $11 / 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 $390 $16,625 $2,000 $14,625
2024 -- $11,500 $1,000 $10,500
2023 $701 $11,500 $1,000 $10,500
2022 $701 $11,500 $1,000 $10,500
2021 $709 $11,500 $1,000 $10,500
2020 $779 $10,750 $1,000 $9,750
2019 $779 $10,750 $1,000 $9,750
2018 $779 $10,750 $1,000 $9,750
2017 $442 $10,750 $1,000 $9,750
2016 $458 $10,475 $0 $0
2014 $458 $10,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tonya Mosley

    Diamond Properties, Inc.

    (901) 691-9878

    3 in this area

    23 Total Sales

    Tonya Mosley
    Section Image
  • Erika Davis

    Buyer's Agent in 2023

    Erika Davis

    Epique Realty

    (901) 488-1776

    1 in this area

    14 Total Sales

    Erika Davis
    Section Image
  • Jimmie Tapley

    Seller's Agent in 2013

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    5 in this area

    216 Total Sales

    Jimmie Tapley
    Section Image
  • Esther Guy

    Buyer's Agent in 2013

    Esther Guy

    BenchMark REALTORS, LLC

    (901) 270-4453

    3 in this area

    40 Total Sales

    Esther Guy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10142990

Memphis Area Association of REALTORS®

APN: 04-9060-0-0019

Tennessee Shelby County Memphis 38106 South Memphis

582 E Mallory Ave, Memphis, TN

Not Listed for Sale

Detached

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