NOT LISTED FOR SALE

609 E Mallory Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $56,608 - $140,000

3 Beds
1 Bath
1,408 Sq Ft
$68/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $27,000 $19 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $536/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Level Lot
  • Wood Flooring
  • Some Wood Windows
  • 1-Story Property

About This Home

As of April 2023

Investor's Special. This duplex will need a full rehab on both sides but has so much potential. The 2 bedroom side will rent for $500 and the 3 bedroom side will rent for $650. This is an AS IS sale. Utilities are not active and will need to have a code inspection before they can be activated.

Last Agent to Sell the Property

Deborah Williams

4 Success Realty, LLC License #294304 Listed on: 03/20/2023

Last Buyer's Agent

Deborah Williams

4 Success Realty, LLC License #294304 Listed on: 03/20/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

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

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Utilities

  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • South Side Highlands Blk 209 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049061 00010

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: SOUTH SIDE HIGHLANDS BLK 209
  • Freestanding: Yes
  • List Price Per Sq Ft: 19
  • Number Of Stories: 1
  • Estimated Sq Ft: 1408
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood, Tile

Exterior Features

  • Exterior Windows: Wood Window(s)

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Heating: Gas, Wall Heat
  • Hot Water: Gas

Lot Info

  • Lot Description: Level, Some Trees
  • Lot Number: S PT 11
  • Acreage: 0.16
  • Lot Size: 50X140

Tax Info

  • Assessor Parcel Number: 049061 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Apr 13, 2023
Sold by
Claiborne Ruthie Lee
Bought by
Fifer Charles
Seller's Agent
Deborah Williams
4 Success Realty, LLC
Buyer's Agent
Deborah Williams
4 Success Realty, LLC
List Price
$27,000
Sold Price
$27,000
Current Estimated Value
$95,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,902
Avg. Annual Appreciation
59.63%
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
Fifer Charles $27,000 Regency Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2023 04/13/23 Sold $27,000 0.0% $19 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $27,000 -- $19 / 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 $399 $15,760 $3,200 $12,560
2024 $249 $11,760 $1,600 $10,160
2023 $448 $7,350 $1,000 $6,350
2022 $448 $7,350 $1,000 $6,350
2021 $453 $7,350 $1,000 $6,350
2020 $703 $9,700 $1,000 $8,700
2019 $703 $9,700 $1,000 $8,700
2018 $703 $9,700 $1,000 $8,700
2017 $399 $9,700 $1,000 $8,700
2016 $477 $10,925 $0 $0
2014 $477 $10,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Deborah Williams

    4 Success Realty, LLC

    (901) 359-6968

    5 in this area

    160 Total Sales

    Deborah Williams
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10144677

Memphis Area Association of REALTORS®

APN: 04-9061-0-0010

Tennessee Shelby County Memphis 38106 South Memphis

609 E Mallory Ave, Memphis, TN

Not Listed for Sale

MultiFamily

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