NOT LISTED FOR SALE

609 Lynncrest St Memphis, TN 38122

Audubon Park Neighborhood

Estimated Value: $165,000 - $198,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$100/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $64,500 $36 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,053/month

284 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • 1-Story Property
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of March 2018

This is a great property for investors. This great 3 bedroom, 2 bath home is located off of Summer Avenue, close to restaurants, with easy access to the interstate!

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 04/24/2017

Foundation Property Management

Co-Listed By

Sandra Thomas

Foundation Property Management License #304990

Last Buyer's Agent

Pablo Pereyra

901, REALTORS License #285174

901, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $854

Year Built

  • Built in 1948

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60 x 135
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,702 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Iron Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Summer Avenue Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 044092 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$854

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752E
  • MAAR Subdivision Name: SUMMER AVE GARDENS
  • List Price Per Sq Ft: 45
  • Number Of Stories: 1
  • Price Per Sq Ft: 37.9
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1702
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 2

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 36
  • Acreage: 0.18
  • Lot Size: 60 X 135
  • Price Per Acre: 422222

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 044092 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2017
Closed on
Apr 23, 2018
Sold by
Rahi Rawa Llc
Bought by
Irigoyen Maria D
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Pablo Pereyra
901, REALTORS
List Price
$76,000
Sold Price
$64,500
Premium/Discount to List
-$11,500
-15.13%
Current Estimated Value
$180,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,809
Avg. Annual Appreciation
14.32%
Original Mortgage
$51,600
Outstanding Balance
$44,753
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$130,095

Purchase Details

Closed on
Dec 28, 2012
Sold by
Waydgo Usa Llc
Bought by
Rahi Rawa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
3.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2012
Sold by
Donovan Shaun
Bought by
Waydgo Usa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
3.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2012
Sold by
Dip Bill and Vong Ba Thi
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Feb 8, 2008
Sold by
Dip Bill
Bought by
Dip Bill and Vong Ba Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,492
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2004
Sold by
Vong Ba Thi
Bought by
Dip Bill

Purchase Details

Closed on
Aug 27, 2002
Sold by
Le Thien Thanh
Bought by
Dip Bill and Vong Ba Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,470
Interest Rate
6.67%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2002
Sold by
Jones Flora E
Bought by
Dip Bill and Vong Ba Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,470
Interest Rate
6.67%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 18, 1999
Sold by
Jones Benjamin M and Jones Flora E
Bought by
The Benjamin M Jones & Flora E Jones Rev
Source: Public Records

Range of Values:

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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
Irigoyen Maria D $84,500 Delta Title Services Llc
Rahi Rawa Llc $48,000 None Available
Waydgo Usa Llc $32,500 None Available
The Secretary Of Housing & Urban Develop $106,799 None Available
Dip Bill -- None Available
Dip Bill -- --
Dip Bill -- --
Dip Bill $103,000 Stewart Title
The Benjamin M Jones & Flora E Jones Rev -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irigoyen Maria D $51,600
Previous Owner Rahi Rawa Llc $24,000
Previous Owner Dip Bill $98,492
Previous Owner Dip Bill $99,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2018 03/16/18 Sold $64,500 -15.1% $40 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
04/24/2017 04/24/17 For Sale $76,000 -- $48 / 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 $854 $35,150 $4,700 $30,450
2024 $854 $25,200 $2,600 $22,600
2023 $1,535 $25,200 $2,600 $22,600
2022 $1,535 $25,200 $2,600 $22,600
2021 $1,553 $25,200 $2,600 $22,600
2020 $1,331 $18,375 $2,375 $16,000
2019 $1,331 $18,375 $2,375 $16,000
2018 $1,331 $18,375 $2,375 $16,000
2017 $755 $18,375 $2,375 $16,000
2016 $922 $21,100 $0 $0
2014 $922 $21,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2018

    James Wachob

    Foundation Property Management

    (901) 633-1484

    30 in this area

    622 Total Sales

    James Wachob
    Section Image

  • S

    Seller Co-Listing Agent in 2018

    Sandra Thomas

    Foundation Property Management

    (901) 314-0188

    1 Total Sale

    Sandra Thomas
    Section Image
  • Pablo Pereyra

    Buyer's Agent in 2018

    Pablo Pereyra

    901, REALTORS

    (901) 676-6555

    7 in this area

    111 Total Sales

    Pablo Pereyra
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10001316

Memphis Area Association of REALTORS®

APN: 04-4092-0-0005

Tennessee Shelby County Memphis 38122 Audubon Park

609 Lynncrest St, Memphis, TN

This home is located at 609 Lynncrest St, Memphis, TN 38122 since 24 April 2017 and is currently estimated at $180,309, approximately $100 per square foot. This property was built in 1948. 609 Lynncrest St is a home located in Shelby County with nearby schools including Grahamwood Elementary School, Treadwell Middle School, and Kingsbury High School.

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