NOT LISTED FOR SALE

740 Chelsea Ave Memphis, TN 38107

North Memphis Neighborhood

Estimated Value: $52,000 - $71,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$45/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $42,000 $30 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $334/month

90 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Central Heating and Cooling System
  • Victorian Architecture
  • Porch
  • Dining Room

About This Home

As of March 2023

OPPORTUNITY KNOCKS! New Development everywhere around this home, just blocks to Downtown/ St Judes/ Le Bonheur/ Uptown etc. Get in on the action before the whole area is redeveloped! 1915 Victorian w/ partial new roof, new facia, new structural supports, central heat and air, many original features including high ceilings, hdwd flrs, orig wdwk, lg windows, fncd bkyd, vinyl siding, lots of curb appeal! Inside needs a good amount of work. As-is sale. Tenant occupied, $800/ month rent. Owner/Agent

Last Agent to Sell the Property

Van Preston

KAIZEN Realty, LLC License #301504 Listed on: 12/28/2022

KAIZEN Realty, LLC

Last Buyer's Agent

Makale McGhee

Keller Williams License #352246

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $185

Year Built

  • Built in 1915

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 39x146
  • Level Lot

Parking

  • Driveway

Home Design

  • Victorian Architecture
  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,200 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Brinkley Snowden S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027008 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$185

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Victorian
  • Detached Unit Type: General Residential
  • MLS Map #: 741B
  • MAAR Subdivision Name: BRINKLEY & SNOWDEN
  • List Price Per Sq Ft: 46
  • Number Of Stories: 1
  • Price Per Sq Ft: 35
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1200
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room
  • Number Of Fireplaces: 2
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Vinyl Siding

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 102
  • Acreage: 0.1
  • Lot Size: 39X146
  • Price Per Acre: 550000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 027008 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2023
Sold by
Memphis Revival Ministries Llc
Bought by
Mdm Investments Of Memphis Llc
Current Estimated Value
$58,309

Purchase Details

Closed on
Dec 19, 2021
Sold by
Hill Andrea Green
Bought by
Brown Isie Timothy

Purchase Details

Closed on
Jan 8, 1998
Sold by
Brown Loretta Nelly Perry
Bought by
Brown Loretta Nelly Perry and Brown Isie Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,300
Interest Rate
7.18%
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
Mdm Investments Of Memphis Llc $45,000 Saddle Creek Title
Brown Isie Timothy -- None Available
Brown Loretta Nelly Perry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Loretta Nelly Perry $21,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $42,000 -23.6% $35 / Sq Ft
12/28/2022 12/28/22 For Sale $55,000 -- $46 / 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 $185 $11,375 $1,425 $9,950
2024 $185 $5,450 $475 $4,975
2023 $332 $5,450 $475 $4,975
2022 $332 $5,450 $475 $4,975
2021 $395 $5,450 $475 $4,975
2020 $308 $4,250 $475 $3,775
2019 $136 $4,250 $475 $3,775
2018 $136 $4,250 $475 $3,775
2017 $116 $4,250 $475 $3,775
2016 $149 $3,400 $0 $0
2014 $149 $3,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2023

    Van Preston

    KAIZEN Realty, LLC

    (615) 540-6302

    5 in this area

    30 Total Sales

    Section Image

  • M

    Buyer's Agent in 2023

    Makale McGhee

    Keller Williams

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10139566

Memphis Area Association of REALTORS®

APN: 02-7008-0-0015

Tennessee Shelby County Memphis 38107 North Memphis

740 Chelsea Ave, Memphis, TN

This home is located at 740 Chelsea Ave, Memphis, TN 38107 since 28 December 2022 and is currently estimated at $62,399, approximately $44 per square foot. This property was built in 1915. 740 Chelsea Ave is a home located in Shelby County with nearby schools including Manassas High School, Memphis Scholars Caldwell-Guthrie, and Perea Elementary School.

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