NOT LISTED FOR SALE

701 E Trigg Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $50,000 - $103,000

4 Beds
1 Bath
1,200-1,399 Sq Ft
$51/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $17,000 $12 Per Sq Ft

Est. 319% increase in value since last sale

Current estimated payment $419/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • 1-Story Property
  • Separate Formal Living Room
  • Tile Flooring

About This Home

As of August 2021

Investor's playground--Interior is a burnout/Exterior is brick and still good shape, Cash deal, Preferred Title and Escrow (Ursula Woods) to hold earnest money

Last Agent to Sell the Property

Victoria Brown

4 Success Realty, LLC License #305985 Listed on: 07/28/2021

Last Buyer's Agent

Elizabeth Castillo

BEST Real Estate Company License #326603

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $305

Year Built

  • Built in 1942

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 55x135
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,248 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Community Details

  • Maddox Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025073 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$305

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747B
  • MAAR Subdivision Name: MADDOX
  • List Price Per Sq Ft: 15
  • Number Of Stories: 1
  • Price Per Sq Ft: 13.62
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1248
  • Year Built: 1942
  • 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: Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: NE PT 2
  • Acreage: 0.17
  • Lot Size: 55X135
  • Price Per Acre: 111765

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 025073 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Aug 26, 2021
Sold by
Harvey Richard and Johnson Angela
Bought by
Ypm Management Llc
Seller's Agent
Victoria Brown
4 Success Realty, LLC
Buyer's Agent
Elizabeth Castillo
BEST Real Estate Company
List Price
$21,000
Sold Price
$17,000
Premium/Discount to List
-$4,000
-19.05%
Current Estimated Value
$71,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,171
Avg. Annual Appreciation
44.36%
Original Mortgage
$1,445,000
Outstanding Balance
$1,321,561
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
-$1,250,390

Purchase Details

Listed on
Jun 26, 2018
Closed on
Aug 7, 2018
Sold by
U S Bank National Asssocation
Bought by
Hervey Richard and Johnson Angela
Seller's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
Buyer's Agent
Lisa Chairs
BEST Real Estate Company
List Price
$14,900
Sold Price
$15,000
Premium/Discount to List
$100
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%

Purchase Details

Closed on
Apr 13, 2018
Sold by
Weiss Arnold M
Bought by
Federal National Mortgage Asset

Purchase Details

Closed on
Sep 24, 2001
Sold by
Sumerall Eddie
Bought by
Sumerall Matthew

Purchase Details

Closed on
Feb 23, 1999
Sold by
Louise Sumerall
Bought by
Sumerall Louise and Summerall Eddie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.73%
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
Ypm Management Llc $17,000 Regency Title & Escrow
Hervey Richard $15,000 None Available
Federal National Mortgage Asset -- None Available
Sumerall Matthew -- Memphis Title
Sumerall Louise -- Equity Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ypm Management Llc $1,445,000
Previous Owner Summerall Louise $52,700
Previous Owner Sumerall Louise $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $17,000 -10.5% $14 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
08/03/2021 08/03/21 Price Changed $19,000 -9.5% $16 / Sq Ft
07/28/2021 07/28/21 For Sale $21,000 +40.0% $18 / Sq Ft
08/21/2018 08/21/18 Sold $15,000 +0.7% $13 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $14,900 -- $12 / 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 $305 $11,700 $1,250 $10,450
2024 $305 $9,000 $750 $8,250
2023 $548 $9,000 $750 $8,250
2022 $548 $9,000 $750 $8,250
2021 $244 $9,000 $750 $8,250
2020 $641 $8,850 $750 $8,100
2019 $283 $8,850 $750 $8,100
2018 $283 $8,850 $750 $8,100
2017 $290 $8,850 $750 $8,100
2016 $394 $9,025 $0 $0
2014 $394 $9,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Victoria Brown

    Seller's Agent in 2021

    Victoria Brown

    4 Success Realty, LLC

    (901) 864-3990

    8 in this area

    184 Total Sales

    Victoria Brown
    Section Image

  • E

    Buyer's Agent in 2021

    Elizabeth Castillo

    BEST Real Estate Company

    (901) 497-4957

    5 in this area

    119 Total Sales

    Elizabeth Castillo
    Section Image
  • Scott Housewirth

    Seller's Agent in 2018

    Scott Housewirth

    Crye-Leike

    (901) 592-7834

    7 in this area

    219 Total Sales

    Scott Housewirth
    Section Image
  • Kim Hairrell

    Seller Co-Listing Agent in 2018

    Kim Hairrell

    Crye-Leike

    (901) 644-3535

    6 in this area

    184 Total Sales

    Kim Hairrell
    Section Image

  • L

    Buyer's Agent in 2018

    Lisa Chairs

    BEST Real Estate Company

    (901) 603-5218

    5 Total Sales

    Lisa Chairs
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10105084

Memphis Area Association of REALTORS®

APN: 02-5073-0-0012

Tennessee Shelby County Memphis 38106 South Memphis

701 E Trigg Ave, Memphis, TN

This home is located at 701 E Trigg Ave, Memphis, TN 38106 since 28 July 2021 and is currently estimated at $71,171, approximately $50 per square foot. This property was built in 1942. 701 E Trigg 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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