NOT LISTED FOR SALE

756 Velma St Memphis, TN 38104

Cooper-Young Neighborhood

Estimated Value: $361,000 - $426,000

3 Beds
2.5 Baths
2,000-2,199 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $390,000 $177 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,420/month

25 Days on Market

Highlights

  • The property is located in a historic district
  • Traditional Architecture
  • Whirlpool Bathtub
  • Updated Kitchen
  • Wood Flooring
  • 4-minute walk to Peabody Park & Raymond Skinner Center

About This Home

As of March 2024

Newer home on quiet cove in midtown with soaring ceilings, hardwood and scored floors plus an attached double garage. The cook’s kitchen has an abundance of cabinets and the open floor plan lends itself to entertaining. Spacious primary bedroom with renovated bath. This 3 bedroom 2 and 1/2 bath home has been well maintained and is move in ready.

Last Agent to Sell the Property

Linda Sowell

Sowell, Realtors License #50660 Listed on: 01/26/2024

Co-Listed By

David Da Ponte

Sowell, Realtors License #278752

Last Buyer's Agent

Richard Travers

Crye-Leike, Inc., REALTORS License #234229

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,178

Year Built

  • Built in 2003

Lot Details

  • 3,049 Sq Ft Lot
  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,139 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Loft
  • Pull Down Stairs to Attic
  • Termite Clearance

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Voluntary home owners association
  • Velma Street Pd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 030026 A00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,178

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Central Ave.
  • MLS Map #: 746G
  • MAAR Subdivision Name: VELMA STREET
  • Historic District: Central Gardens HC
  • Number Of Stories: 2
  • Price Per Sq Ft: 182.33
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2139
  • Termite Contract: Yes
  • Year Built: 2003
  • List Price/ Sq Ft: 191
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath, Breakfast Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Half Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Hardwood Floor, Shared Bath, Level 2, Smooth Ceiling
  • Bedroom 3 Description: Hardwood Floor, Shared Bath, Level 2, Smooth Ceiling
  • Bedrooms: 3
  • Fireplace: Vented Gas Fireplace, In Living Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Tile, Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall, Loft/Balcony, Attic
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Full Bath, Hardwood Floor, Level 2, Smooth Ceiling, Walk-In Closet

Exterior Features

  • Misc Exterior: Porch, Patio, Historic District, Sidewalks
  • Exterior Windows: Wood/Composition, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Sewer, Public Water

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Level, Landscaped
  • Lot Number: 2
  • Acreage: 0.07
  • Lot Size: 37.25 X 74.30 (IRR)
  • Price Per Acre: 5842857

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 030026 A00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Mar 21, 2024
Sold by
Woo Kristina A
Bought by
Evans Walter Lee
Seller's Agent
Linda Sowell
Sowell, Realtors
Buyer's Agent
Richard Travers
Crye-Leike, Inc., REALTORS
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%
Views
1073
Current Estimated Value
$404,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,306
Avg. Annual Appreciation
3.70%
Original Mortgage
$312,000
Outstanding Balance
$307,422
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$104,126

Purchase Details

Closed on
Aug 2, 2004
Sold by
Boyington Barry Partnership
Bought by
Woo Kristina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Evans Walter Lee $390,000 Nexus Title & Escrow
Woo Kristina A $249,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Walter Lee $312,000
Previous Owner Woo Kristina A $25,000
Previous Owner Woo Kristina A $238,310
Previous Owner Woo Kristina A $246,000
Previous Owner Woo Kristina A $199,200
Previous Owner Woo Kristina $49,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $390,000 -4.6% $195 / Sq Ft
02/14/2024 02/14/24 Price Changed $409,000 -3.8% $205 / Sq Ft
01/26/2024 01/26/24 For Sale $425,000 -- $213 / 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 $3,178 $97,500 $22,500 $75,000
2024 $3,178 $93,750 $22,500 $71,250
2023 $5,711 $93,750 $22,500 $71,250
2022 $5,711 $93,750 $22,500 $71,250
2021 $5,778 $93,750 $22,500 $71,250
2020 $5,880 $81,150 $22,500 $58,650
2019 $5,880 $81,150 $22,500 $58,650
2018 $5,880 $81,150 $22,500 $58,650
2017 $3,335 $81,150 $22,500 $58,650
2016 $3,107 $71,100 $0 $0
2014 $3,107 $71,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Sowell

    Seller's Agent in 2024

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    38 in this area

    209 Total Sales

    Linda Sowell
    Section Image

  • D

    Seller Co-Listing Agent in 2024

    David Da Ponte

    Sowell, Realtors

    (901) 278-4380

    26 in this area

    186 Total Sales

    David Da Ponte
    Section Image
  • Richard Travers

    Buyer's Agent in 2024

    Richard Travers

    Crye-Leike

    (901) 218-3961

    5 in this area

    197 Total Sales

    Richard Travers
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10164622

Memphis Area Association of REALTORS®

APN: 03-0026-A0-0002

Tennessee Shelby County Memphis 38104 Cooper-Young

756 Velma St, Memphis, TN

This home is located at 756 Velma St, Memphis, TN 38104 since 26 January 2024 and is currently estimated at $404,306, approximately $183 per square foot. This property was built in 2003. 756 Velma St is a home located in Shelby County with nearby schools including Idlewild Elementary School, Central High School, and Compass Community School Midtown Campus.

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