NOT LISTED FOR SALE

627 Ledbetter Ave Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $46,000 - $111,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$68/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $32,000 $27 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $465/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Central Heating
  • Some Wood Windows
  • Tile Flooring
  • Combination Dining and Living Room

About This Home

As of August 2020

This property is currently a Section 8 rental. The rent is $800.00. With an acceptable offer and proof of funds a walk thru can be scheduled. Please do not contact the tenant.

Last Agent to Sell the Property

Clint Richardson

The Peyton Co., Inc., REALTORS License #269601 Listed on: 07/16/2020

Last Buyer's Agent

Chris Mosby

ResiAmerica, Inc. License #282881

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $407

Year Built

  • Built in 1960

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x115
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,179 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • Chickasaw Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075124 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$407

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
  • List Price Per Sq Ft: 34
  • Number Of Stories: 1
  • Price Per Sq Ft: 27.14
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1179
  • 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: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 44
  • Acreage: 0.15
  • Lot Size: 60X115
  • Price Per Acre: 266667

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 075124 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Vb One Llc
Bought by
Vb Two Llc
Total Days on Market
2
Current Estimated Value
$81,228

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 6, 2020
Sold by
Eldridge Michael
Bought by
Vb One Llc
Seller's Agent
Clint Richardson
The Peyton Co., Inc., REALTORS
Buyer's Agent
Chris Mosby
ResiAmerica, Inc.
List Price
$40,000
Sold Price
$32,000
Premium/Discount to List
-$8,000
-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
21.32%

Purchase Details

Closed on
Nov 20, 2007
Sold by
Lipford Eunice E
Bought by
Richardson Annie

Purchase Details

Closed on
Sep 15, 2006
Sold by
Mendez Frank
Bought by
Hud

Purchase Details

Closed on
Oct 15, 2004
Sold by
Myers Shirley V
Bought by
Mendez Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,505
Interest Rate
5.64%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Vb Two Llc -- None Available
Vb One Llc $32,000 Memphis Title Co
Richardson Annie -- None Available
Hud $66,239 None Available
Mendez Frank $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendez Frank $62,505
Previous Owner Myers Shirley $43,033
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $32,000 -20.0% $32 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $40,000 -- $40 / 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 $407 $19,075 $2,550 $16,525
2024 $407 $12,000 $2,100 $9,900
2023 $731 $12,000 $2,100 $9,900
2022 $731 $12,000 $2,100 $9,900
2021 $740 $12,000 $2,100 $9,900
2020 $828 $11,425 $2,100 $9,325
2019 $365 $11,425 $2,100 $9,325
2018 $365 $11,425 $2,100 $9,325
2017 $374 $11,425 $2,100 $9,325
2016 $463 $10,600 $0 $0
2014 $463 $10,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Clint Richardson

    The Peyton Co., Inc., REALTORS

    (901) 421-9602

    5 in this area

    25 Total Sales

    Clint Richardson
    Section Image
  • Chris Mosby

    Buyer's Agent in 2020

    Chris Mosby

    ResiAmerica, Inc.

    (901) 830-7200

    33 in this area

    403 Total Sales

    Chris Mosby
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10080696

Memphis Area Association of REALTORS®

APN: 07-5124-0-0015

Tennessee Shelby County Memphis 38109 Westwood

627 Ledbetter Ave, Memphis, TN

This home is located at 627 Ledbetter Ave, Memphis, TN 38109 since 16 July 2020 and is currently estimated at $81,228, approximately $67 per square foot. This property was built in 1960. 627 Ledbetter 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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