NOT LISTED FOR SALE

650 E Mckellar Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $80,000 - $131,526

4 Beds
2 Baths
2,200-2,399 Sq Ft
$46/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $37,500 $16 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $627/month

Highlights

  • 0.43 Acre Lot
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • 1 Fireplace
  • Some Wood Windows

About This Home

As of August 2015

Looking for ample space and a big yard? Look no further. This property offers both. Lots of space for the money. Large corner lot. Bank foreclosure. Needs a little TLC.

Last Agent to Sell the Property

Alicia Willis

Community Realty, Inc. License #241681 Listed on: 04/28/2015

Last Buyer's Agent

Vinnie Flynn

BEST Real Estate Company License #270507

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $623

Year Built

  • Built in 1950

Lot Details

  • 0.43 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,399 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Storage Room

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Longview Heights 2Nd Addn Re Of Pt Blk 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049049 00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$623

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747E
  • MAAR Subdivision Name: LONGVIEW HEIGHTS 2ND ADD
  • List Price Per Sq Ft: 20
  • Number Of Stories: 1
  • Price Per Sq Ft: 15.63
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2399
  • Year Built: 1950
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 17
  • Acreage: 0.43
  • Lot Size: 153/175 X 187.7/82.4
  • Price Per Acre: 111628

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 049049 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2015
Closed on
Aug 14, 2015
Sold by
Tri State Bank Of Memphis
Bought by
Jones Terrica D
Seller's Agent
Alicia Willis
Community Realty, Inc.
Buyer's Agent
Vinnie Flynn
BEST Real Estate Company
List Price
$48,000
Sold Price
$37,500
Premium/Discount to List
-$10,500
-21.88%
Current Estimated Value
$109,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,132
Avg. Annual Appreciation
11.07%

Purchase Details

Closed on
Jun 22, 2007
Sold by
Thompson Erma J
Bought by
Tri State Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2000
Sold by
Exum Lola Thelma
Bought by
Graves William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,803
Interest Rate
7.72%
Source: Public Records

Range of Values:

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Average Value
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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
Jones Terrica D $37,500 Attorney
Tri State Bank $40,000 None Available
Thompson Erma J $92,500 None Available
Graves William H $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Erma J $92,500
Previous Owner Graves William H $79,803
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2015 08/14/15 Sold $37,500 -21.9% $17 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $48,000 -- $22 / 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 $623 $27,275 $2,000 $25,275
2024 $623 $18,375 $1,000 $17,375
2023 $1,119 $18,375 $1,000 $17,375
2022 $1,119 $18,375 $1,000 $17,375
2021 $1,132 $18,375 $1,000 $17,375
2020 $1,235 $17,050 $1,000 $16,050
2019 $1,235 $17,050 $1,000 $16,050
2018 $1,235 $17,050 $1,000 $16,050
2017 $701 $17,050 $1,000 $16,050
2016 $800 $18,300 $0 $0
2014 $800 $18,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Alicia Willis

    Community Realty, Inc.

    (901) 272-0130

    3 Total Sales

    Alicia Willis
    Section Image

  • V

    Buyer's Agent in 2015

    Vinnie Flynn

    BEST Real Estate Company

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9951846

Memphis Area Association of REALTORS®

APN: 04-9049-0-0016

Tennessee Shelby County Memphis 38106 South Memphis

650 E Mckellar Ave, Memphis, TN

This home is located at 650 E Mckellar Ave, Memphis, TN 38106 since 28 April 2015 and is currently estimated at $109,632, approximately $45 per square foot. This property was built in 1950. 650 E Mckellar Ave is a home located in Shelby County with nearby schools including A. B. Hill Elementary School, Riverview Middle School, and Hamilton High School.

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