NOT LISTED FOR SALE

628 Leacrest Ave Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $117,340 - $139,000

3 Beds
1 Bath
100-999 Sq Ft
$125/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $131,900 $132 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $694/month

31 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Central Heating and Cooling System
  • Traditional Architecture
  • Porch
  • Level Lot

About This Home

As of June 2023

Reduced Price! Occupied! Completely renovated home featuring new HVAC, roof & HWH, updated kitchen, bath, electrical, plumbing and any deferred maintenance items. Perfect for investor with a new tenant on a two-year lease. First year is $945 and second year $995. Need a Quick Sell? We are always looking for homes to buy. Will take them "as is" without inspection and pay cash. Bought individua or in a package of homes. Access to home granted with accepted offer. Do NOT Disturb tenants!

Last Agent to Sell the Property

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 04/18/2023

Last Buyer's Agent

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 04/18/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

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

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 919 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Chickasaw Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075120 00015

Home Details

Home Type

Single Family

Year Built

Built in 1959

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: 144
  • Number Of Stories: 1
  • Price Per Sq Ft: 143.53
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 919
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 105
  • Acreage: 0.15
  • Lot Size: 60X115
  • Price Per Acre: 879333

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 075120 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2021
Closed on
Nov 19, 2021
Sold by
Magnolia Housebuyers Llc
Bought by
Memphis Turnkey Properties Gp
Seller's Agent
Craig Jennings
Jennings Realty
Buyer's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
List Price
$24,900
Sold Price
$21,000
Premium/Discount to List
-$3,900
-15.66%
Total Days on Market
31
Current Estimated Value
$124,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,835
Avg. Annual Appreciation
65.22%
Original Mortgage
$75,000
Interest Rate
2.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2021
Sold by
Kelly Adam Clark
Bought by
Magnolia Housebuyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,650
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 2021
Sold by
Tony Salazar
Bought by
Kelly Adam Clark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,650
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2008
Sold by
Aames Funding Corp
Bought by
Salazar Tony

Purchase Details

Closed on
Jan 4, 2007
Sold by
Tate Jessie L
Bought by
Aames Funding Corp and Aames Home Loan

Purchase Details

Closed on
Apr 28, 2005
Sold by
Tate Jessie L and Tate Arnita L
Bought by
Tate Jessie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,400
Interest Rate
9.53%
Mortgage Type
New Conventional
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
Memphis Turnkey Properties Gp $21,000 None Available
Magnolia Housebuyers Llc $12,000 None Available
Kelly Adam Clark $5,500 Malone Tracey P
Salazar Tony $17,500 Edco Title & Closing Service
Aames Funding Corp $39,657 None Available
Tate Jessie L -- Nations Title Of Tennessee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Memphis Turnkey Properties Gp $75,000
Previous Owner Magnolia Housebuyers Llc $13,650
Previous Owner Tate Jessie L $48,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $131,900 0.0% $1,319 / Sq Ft
05/22/2023 05/22/23 Price Changed $131,900 -2.2% $1,319 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
04/20/2023 04/20/23 Price Changed $134,900 -1.9% $1,349 / Sq Ft
04/18/2023 04/18/23 For Sale $137,500 +554.8% $1,375 / Sq Ft
11/12/2021 11/12/21 Sold $21,000 -15.7% $23 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $24,900 -- $27 / 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 -- $26,800 $2,550 $24,250
2024 $375 $20,000 $2,100 $17,900
2023 $675 $11,075 $2,100 $8,975
2022 $675 $11,075 $2,100 $8,975
2021 $300 $11,075 $2,100 $8,975
2020 $786 $10,850 $2,100 $8,750
2019 $347 $10,850 $2,100 $8,750
2018 $347 $10,850 $2,100 $8,750
2017 $355 $10,850 $2,100 $8,750
2016 $439 $10,050 $0 $0
2014 $439 $10,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Akins

    Seller's Agent in 2023

    Andrew Akins

    CB Properties of Memphis, LLC

    (901) 277-6567

    21 in this area

    328 Total Sales

    Andrew Akins
    Section Image

  • C

    Seller's Agent in 2021

    Craig Jennings

    Jennings Realty

    (901) 417-8427

    2 in this area

    12 Total Sales

    Craig Jennings
    Section Image
  • Frank Malvezzi

    Buyer's Agent in 2021

    Frank Malvezzi

    CB Properties of Memphis, LLC

    (901) 619-4145

    5 in this area

    92 Total Sales

    Frank Malvezzi
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10146126

Memphis Area Association of REALTORS®

APN: 07-5120-0-0015

Tennessee Shelby County Memphis 38109 Westwood

628 Leacrest Ave, Memphis, TN

This home is located at 628 Leacrest Ave, Memphis, TN 38109 since 18 April 2023 and is currently estimated at $124,835, approximately $124 per square foot. This property was built in 1959. 628 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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