NOT LISTED FOR SALE

582 Leacrest Ave Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $60,000 - $105,000

3 Beds
1 Bath
946 Sq Ft
$91/Sq Ft Est. Value

Last Sold November 19, 2021

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

Est. 16% increase in value since last sale

Current estimated payment $514/month

4 Days on Market

Highlights

  • Updated Kitchen
  • Some Wood Windows
  • Eat-In Kitchen
  • Traditional Architecture
  • Porch
  • Patio

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.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 10/29/2021

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Monica Bynum

Crye-Leike, Inc., REALTORS License #343193

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $391

Year Built

  • Built in 1960

Lot Details

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

Home Design

  • Traditional Architecture

Interior Spaces

  • 946 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • Chickasaw Village Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075118 00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$391

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 #: 765A
  • MAAR Subdivision Name: CHICKASAW VILLAGE SEC A
  • List Price Per Sq Ft: 84
  • Number Of Stories: 1
  • Price Per Sq Ft: 78.22
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 946
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, W/D Connection in Kitchen
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 11
  • Acreage: 0.13
  • Lot Size: 50X119
  • Price Per Acre: 614615

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 075118 00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Nov 19, 2021
Sold by
Morgan William Kenton
Bought by
Stopani Manuel Eduardo
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Monica Bynum
Crye-Leike, Inc., REALTORS
List Price
$79,900
Sold Price
$74,000
Premium/Discount to List
-$5,900
-7.38%
Total Days on Market
4
Current Estimated Value
$85,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,617
Avg. Annual Appreciation
4.21%

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 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stopani Manuel Eduardo $55,500
Previous Owner Morgan William Kenton $60,000
Previous Owner West Robert $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $74,000 -7.4% $78 / Sq Ft
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
04/20/2021 04/20/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $31,000 -- $33 / 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 $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

    52 in this area

    1,265 Total Sales

    Tyler Tapley
    Section Image

  • A

    Seller's Agent in 2021

    Albert Porter

    BenchMark REALTORS, LLC

    (901) 340-4056

    2 in this area

    16 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

    234 Total Sales

    Monica Bynum
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10111711

Memphis Area Association of REALTORS®

APN: 07-5118-0-0029

Tennessee Shelby County Memphis 38109 Westwood

582 Leacrest Ave, Memphis, TN

This home is located at 582 Leacrest Ave, Memphis, TN 38109 since 29 October 2021 and is currently estimated at $85,617, approximately $90 per square foot. This property was built in 1960. 582 Leacrest Ave is a home located in Shelby County with nearby schools including Levi Elementary School, Chickasaw Middle School, and Westwood High School.

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