NOT LISTED FOR SALE

582 Leacrest Ave Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $78,000 - $92,000

3 Beds
1 Bath
946 Sq Ft
$90/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $74,000 $78 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $477/month

Highlights

  • Traditional Architecture
  • Porch
  • Patio
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of November 2021

Wonderful 3 bedroom 1 bathroom tenant occupied home being marketed to investors. This home is rented at $795 to a long term tenant who wants to stay (been at the house for 15 years). SATISFIES THE 1% RULE FOR INVESTORS. Current owner just installed a new roof, replaced rotten wood, & installed new vinyl plank flooring in kitchen & bathroom. Please do not disturb or bother tenant. Lease, payment history, repair history, & interior video available upon request. Financed offers accepted.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $798

Year Built

  • Built in 1960

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x119

Home Design

  • Traditional Architecture

Interior Spaces

  • 946 Sq Ft Home
  • Property has 3 Levels

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Pad

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • No Home Owners Association
  • Chickasaw Village Sec A Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 075118 00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$798

Year Built

Built in 1960

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1960
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 946
  • Living Area Units: Square Feet

Exterior Features

  • Patio And Porch Features: Patio, Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size: 50X119
  • Lot Size Units: Acres
  • Parcel #: 075118 00029
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 798
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Nov 19, 2021
Sold by
Morgan William Kenton
Bought by
Stopani Manuel Eduardo
List Price
$79,900
Sold Price
$74,000
Premium/Discount to List
-$5,900
-7.38%
Current Estimated Value
$84,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,325
Avg. Annual Appreciation
3.33%

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jun 16, 2021
Sold by
Williams Brianna and Estate Of Bobbie Williams King
Bought by
Morgan William Kenton
Seller's Agent
Albert Porter
BenchMark REALTORS, LLC
Buyer's Agent
Albert Porter
BenchMark REALTORS, LLC
List Price
$31,000
Sold Price
$30,000
Premium/Discount to List
-$1,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
716.37%
Original Mortgage
$60,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 2009
Sold by
West Robert
Bought by
Williams King Bobbie

Purchase Details

Closed on
Sep 9, 1997
Sold by
Turner John H and Floyd Melvin
Bought by
West Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
7.56%
Mortgage Type
Seller Take Back
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

Date Buyer Sale Price Title Company
Stopani Manuel Eduardo $74,000 Memphis Title Company
Morgan William Kenton $30,000 Executive Ttl & Closing Inc
Williams King Bobbie -- None Available
West Robert $25,000 --
West Robert $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan William Kenton $60,000
Previous Owner West Robert $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2026 01/14/26 For Sale $79,900 +8.0% $84 / Sq Ft
11/19/2021 11/19/21 Sold $74,000 0.0% $78 / Sq Ft
11/19/2021 11/19/21 Sold $74,000 -7.4% $78 / Sq Ft View Prior Sale
11/19/2021 11/19/21 Pending -- -- --
11/02/2021 11/02/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $79,900 +166.3% $84 / Sq Ft
06/16/2021 06/16/21 Sold $30,000 -3.2% $32 / Sq Ft View Prior Sale
04/20/2021 04/20/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $31,000 -- $33 / Sq Ft
Source: Realtracs

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 $391 $18,325 $2,525 $15,800
2024 $391 $11,525 $2,075 $9,450
2023 $702 $11,525 $2,075 $9,450
2022 $702 $11,525 $2,075 $9,450
2021 $834 $11,525 $2,075 $9,450
2020 $797 $11,000 $2,075 $8,925
2019 $352 $11,000 $2,075 $8,925
2018 $352 $11,000 $2,075 $8,925
2017 $360 $11,000 $2,075 $8,925
2016 $447 $10,225 $0 $0
2014 $447 $10,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2021

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    49 in this area

    1,143 Total Sales

    Tyler Tapley
    Section Image

  • A

    Seller's Agent in 2021

    Albert Porter

    BenchMark REALTORS, LLC

    (901) 340-4056

    2 in this area

    14 Total Sales

    Albert Porter
    Section Image
  • Monica Bynum

    Buyer's Agent in 2021

    Monica Bynum

    Crye-Leike, Inc., REALTORS

    (901) 833-5456

    13 in this area

    215 Total Sales

    Monica Bynum
    Section Image
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Map

Source: Realtracs

MLS Number: 3087162

Realtracs

APN: 07-5118-0-0029

Tennessee Shelby County Memphis 38109 Westwood

582 Leacrest Ave, Memphis, TN

Not Listed for Sale

Detached

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Realtracs Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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