NOT LISTED FOR SALE

698 Novarese Ave Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $170,000 - $177,000

4 Beds
1 Bath
1,200-1,399 Sq Ft
$124/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $140,000 $100 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,004/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • Porch
  • Vinyl Flooring

About This Home

As of June 2021

This home is located at 698 Novarese Ave, Memphis, TN 38122 since 04 March 2021 and is currently estimated at $172,798, approximately $143 per square foot. This property was built in 1946. 698 Novarese Ave is a home located in Shelby County with nearby schools including Berclair Elementary School, Kingsbury High School, and Treadwell Middle School.

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 03/04/2021

Foundation Property Management

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 03/04/2021

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $837

Year Built

  • Built in 1946

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 65x264
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,248 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Homeland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 063010 00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$837

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 753A
  • MAAR Subdivision Name: HOMELAND
  • List Price Per Sq Ft: 112
  • Number Of Stories: 1
  • Price Per Sq Ft: 112.18
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1248
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 1
  • Acreage: 0.39
  • Lot Size: 65X264
  • Price Per Acre: 358974

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 063010 00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Jun 30, 2021
Sold by
Chickasaw Vontures Llc
Bought by
Wan Allen and Wan Julie
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$172,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,798
Avg. Annual Appreciation
5.22%
Original Mortgage
$112,000
Outstanding Balance
$102,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$70,860

Purchase Details

Closed on
Jan 25, 2021
Sold by
Pearson James
Bought by
Chickasaw Ventures Llc

Purchase Details

Closed on
Jul 2, 2018
Sold by
Freiden Jeffrey
Bought by
Pearson James

Purchase Details

Closed on
Jul 31, 2012
Sold by
Perry Bridgette M
Bought by
Freiden Jeffrey L
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
Wan Allen $140,000 None Available
Chickasaw Ventures Llc $125,000 Saddle Creek Title Llc
Pearson James $120,000 Saddle Creek Title Llc
Freiden Jeffrey L $23,000 Realty Title & Escrow Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wan Allen $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $140,000 0.0% $117 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $140,000 -- $117 / 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 $837 $36,550 $6,425 $30,125
2024 $837 $24,700 $2,850 $21,850
2023 $1,505 $24,700 $2,850 $21,850
2022 $1,505 $24,700 $2,850 $21,850
2021 $1,139 $18,475 $2,850 $15,625
2020 $1,022 $14,100 $2,275 $11,825
2019 $451 $14,100 $2,275 $11,825
2018 $451 $14,100 $2,275 $11,825
2017 $461 $14,100 $2,275 $11,825
2016 $570 $13,050 $0 $0
2014 $570 $13,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2021

    James Wachob

    Foundation Property Management

    (901) 633-1484

    12 in this area

    624 Total Sales

    James Wachob
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10094880

Memphis Area Association of REALTORS®

APN: 06-3010-0-0024

Tennessee Shelby County Memphis 38122 Berclair

698 Novarese Ave, Memphis, TN

This home is located at 698 Novarese Ave, Memphis, TN 38122 since 04 March 2021 and is currently estimated at $172,798, approximately $123 per square foot. This property was built in 1946. 698 Novarese Ave is a home located in Shelby County with nearby schools including Berclair Elementary School, Kingsbury High School, and Treadwell Middle School.

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