NOT LISTED FOR SALE

724 Tampa Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $62,000 - $132,000

2 Beds
1 Bath
1,508 Sq Ft
$60/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $19,500 $13 Per Sq Ft

Est. 361% increase in value since last sale

Current estimated payment $526/month

About This Home

As of February 2020

SOLD AS IS NEEDS WORK GOOD INVESTMENT PROPERTY EACH SIDE OF DUPLEX HAS RENTED FOR $600.00 MONTHLY.

Last Agent to Sell the Property

Joyce Bernardini

Century 21 Prestige License #232924 Listed on: 12/04/2019

Century 21 Prestige

Last Buyer's Agent

Ellecia Hayes

Keller Williams License #345833

Keller Williams

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $561

Year Built

  • Built in 1965

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,508 Sq Ft Home
  • 1-Story Property

Community Details

  • Tampa Prospect Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049085 00026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$561

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 724 AV
  • MLS Map #: 747E
  • MAAR Subdivision Name: TAMPA-PROSPECT
  • Freestanding: Yes
  • List Price Per Sq Ft: 27
  • Number Of Stories: 1
  • Price Per Sq Ft: 12.93
  • Estimated Sq Ft: 1508
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

  • Parking: Driveway/Pad

Lot Info

  • Lot Number: 1
  • Acreage: 0.14
  • Lot Size: 60/40X125/126.56
  • Price Per Acre: 285714

Tax Info

  • Assessor Parcel Number: 049085 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2019
Closed on
Mar 6, 2020
Sold by
City Flip Realty Group Llc
Bought by
Griffin Malcolm
Seller's Agent
Joyce Bernardini
Century 21 Prestige
Buyer's Agent
Ellecia Hayes
Keller Williams
List Price
$40,000
Sold Price
$19,500
Premium/Discount to List
-$20,500
-51.25%
Current Estimated Value
$89,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,446
Avg. Annual Appreciation
28.78%

Purchase Details

Listed on
Dec 4, 2019
Closed on
Feb 7, 2020
Sold by
Browning James S
Bought by
City Flip Realty Group Llc
Seller's Agent
Joyce Bernardini
Century 21 Prestige
Buyer's Agent
Ellecia Hayes
Keller Williams
List Price
$40,000
Sold Price
$19,500
Premium/Discount to List
-$20,500
-51.25%

Purchase Details

Closed on
Aug 17, 2017
Sold by
Maccracken Charles M
Bought by
Browning James S

Purchase Details

Closed on
Dec 21, 2016
Sold by
Carter Kavin M
Bought by
Maccracken Charles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,486
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage
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
Griffin Malcolm $26,000 Saddle Creek Title Llc
City Flip Realty Group Llc $19,500 None Available
Browning James S $34,000 Mid South Title Services Llc
Maccracken Charles M $40,000 None Available
Carter Kavin M $47,500 Tri State Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Kavin M $50,486
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2020 02/10/20 Sold $19,500 -51.3% $13 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
12/04/2019 12/04/19 For Sale $40,000 -- $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 $561 $25,080 $3,200 $21,880
2024 $561 $16,560 $1,600 $14,960
2023 $1,009 $16,560 $1,600 $14,960
2022 $1,009 $16,560 $1,600 $14,960
2021 $1,021 $16,560 $1,600 $14,960
2020 $1,171 $16,160 $1,600 $14,560
2019 $516 $16,160 $1,600 $14,560
2018 $516 $16,160 $1,600 $14,560
2017 $529 $16,160 $1,600 $14,560
2016 $781 $17,880 $0 $0
2014 $781 $17,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joyce Bernardini

    Century 21 Prestige

    Section Image

  • E

    Buyer's Agent in 2020

    Ellecia Hayes

    Keller Williams

    (901) 736-9245

    6 in this area

    44 Total Sales

    Ellecia Hayes
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10067158

Memphis Area Association of REALTORS®

APN: 04-9085-0-0026

Tennessee Shelby County Memphis 38106 South Memphis

724 Tampa Ave, Memphis, TN

This home is located at 724 Tampa Ave, Memphis, TN 38106 since 04 December 2019 and is currently estimated at $89,946, approximately $59 per square foot. This property was built in 1965. 724 Tampa 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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