NOT LISTED FOR SALE

631 Leacrest Ave Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $90,000 - $115,000

3 Beds
1 Bath
100-999 Sq Ft
$103/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $59,900 $60 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $602/month

114 Days on Market

Highlights

  • Some Wood Windows
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of August 2017

This is a great opportunity for an investor.Charming home features brick veneer! The home will be renovated with hard floors throughout, all plumbing and electrical checked, and interior paint and hardware throughout.

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 03/05/2017

Foundation Property Management

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 03/05/2017

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $499

Year Built

  • Built in 1965

Lot Details

  • 6,534 Sq Ft Lot
  • Few Trees

Interior Spaces

  • 100-999 Sq Ft Home
  • 888 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Chickasaw Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075121 00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$499

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 765A
  • MAAR Subdivision Name: CHICKASAW VILLAGE
  • List Price Per Sq Ft: 67
  • Number Of Stories: 1
  • Price Per Sq Ft: 67.45
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 888
  • Year Built: 1965
  • 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
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Wood/Composition

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: 99
  • Acreage: 0.15
  • Lot Size: 60X115 / 0.15
  • Price Per Acre: 399333

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 075121 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2017
Closed on
Aug 14, 2017
Sold by
Jbj Properties Llc
Bought by
Lounsbery Tate R
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$59,900
Sold Price
$59,900
Current Estimated Value
$102,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,810
Avg. Annual Appreciation
7.29%
Original Mortgage
$47,920
Outstanding Balance
$40,365
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$65,061

Purchase Details

Closed on
Mar 3, 2017
Sold by
Thornton Steven L
Bought by
Jbj Properites Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2007
Sold by
Novastar Mortgage Inc
Bought by
Thornton Steven L

Purchase Details

Closed on
Jan 5, 2007
Sold by
Bell Edna
Bought by
Novastar Mortgage Inc
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
Lounsbery Tate R $59,900 Delta Title Services Llc
Jbj Properites Llc $22,000 Delta Title Services Llc
Thornton Steven L $10,000 Edco Title & Closing Service
Novastar Mortgage Inc $39,467 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lounsbery Tate R $47,920
Previous Owner Jbj Properites Llc $40,000
Previous Owner Thornton Steven L $8,013
Previous Owner Thornton Steven $5,449
Previous Owner Bell Edna $49,050
Previous Owner Bell Edna $38,800
Previous Owner Bell Edna $34,800
Previous Owner Bell Edna $26,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2017 08/15/17 Sold $59,900 0.0% $599 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
03/05/2017 03/05/17 For Sale $59,900 -- $599 / 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 $499 $19,750 $2,550 $17,200
2024 $499 $14,725 $2,100 $12,625
2023 $897 $14,725 $2,100 $12,625
2022 $897 $14,725 $2,100 $12,625
2021 $908 $14,725 $2,100 $12,625
2020 $913 $12,600 $2,100 $10,500
2019 $913 $12,600 $2,100 $10,500
2018 $913 $12,600 $2,100 $10,500
2017 $421 $10,250 $2,100 $8,150
2016 $416 $9,525 $0 $0
2014 $416 $9,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2017

    James Wachob

    Foundation Property Management

    (901) 633-1484

    38 in this area

    622 Total Sales

    James Wachob
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9999519

Memphis Area Association of REALTORS®

APN: 07-5121-0-0006

Tennessee Shelby County Memphis 38109 Westwood

631 Leacrest Ave, Memphis, TN

This home is located at 631 Leacrest Ave, Memphis, TN 38109 since 05 March 2017 and is currently estimated at $102,710, approximately $102 per square foot. This property was built in 1965. 631 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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