NOT LISTED FOR SALE

797 Novarese St Unit 2 Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $112,000 - $158,000

2 Beds
1 Bath
1,643 Sq Ft
$84/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $130,000 $79 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $837/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Accessible Ramps
  • Wood Flooring
  • Porch
  • Level Lot

About This Home

As of November 2023

Discover this inviting duplex w/two 2BR,1BA units,each boasting a great rm,dining rm & kitchen.Each has their own water heaters & are equipped w/window units & ventless gas heaters for year-round comfort w/one side offering an additional ventless heating/cooling unit.Recent upgrades include a new roof in 2021 & updated gas lines to code.DO NOT DISTURB THE TENANTS. NO SHOWINGS UNTIL OFFER IS ACCEPTED. Rent:Unit1 $700 & Unit2 $685-Month to Month Lease.Most homes in area rent for $800. Sold "As Is"

Last Agent to Sell the Property

Melissa Blume Thompson

eXp Realty License #231600 Listed on: 10/18/2023

eXp Realty

Co-Listed By

Lance Vaughn

eXp Realty License #331035

Last Buyer's Agent

Adam Ghueder

901, REALTORS License #358494

901, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $879

Year Built

  • Built in 1953

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 60x259
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,643 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Great Room
  • Wood Flooring

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Ramps
  • Porch

Community Details

  • Stovall B D Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 063005 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$879

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: Summer
  • Second Address Number: 799
  • MLS Map #: 753A
  • MAAR Subdivision Name: STOVALL
  • Freestanding: Yes
  • Handicap Design: Ramp
  • Number Of Stories: 1
  • Price Per Sq Ft: 79.12
  • Estimated Sq Ft: 1643
  • Year Built: 1953
  • List Price/ Sq Ft: 89
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Sprayed Ceiling
  • Miscellaneous Interior: Cable Available

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: 220 Wiring, 2+ Window Units per Unit
  • Heating: Gas
  • Hot Water: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 15
  • Acreage: 0.35
  • Lot Size: 60X259
  • Price Per Acre: 418571

Rental Info

  • Tenants Pay: All Utilities
  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 063005 00015

Multi Family

  • Perc Occ: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Nov 15, 2023
Sold by
Tushek Properties Llc
Bought by
Harris Leonard Jefferson and Harris Joanna
Seller's Agent
Melissa Blume Thompson
eXp Realty
Buyer's Agent
Adam Ghueder
901, REALTORS
List Price
$146,500
Sold Price
$130,000
Premium/Discount to List
-$16,500
-11.26%
Views
11
Current Estimated Value
$138,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,330
Avg. Annual Appreciation
0.07%

Purchase Details

Closed on
Mar 30, 2017
Sold by
Hernandez Israel Martinez
Bought by
Tushek Properties Llc

Purchase Details

Closed on
Jul 20, 2011
Sold by
Guevara Samantha
Bought by
Hernandez Israel Martinez

Purchase Details

Closed on
Feb 17, 2010
Sold by
Hernandez Luis
Bought by
Guevara Samantha

Purchase Details

Closed on
Aug 6, 2009
Sold by
Saxton Ross O
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 26, 2005
Sold by
Rose Investment Corp
Bought by
Saxton Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 6, 2004
Sold by
Rose David and Rose Suzanne
Bought by
Rose Investment Corp
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
Harris Leonard Jefferson $130,000 Coventry Escrow & Title
Tushek Properties Llc $45,000 None Available
Hernandez Israel Martinez $15,000 None Available
Guevara Samatnha -- None Available
Guevara Samantha -- West Tennessee Title
Secretary Of Housing & Urban Development $95,089 None Available
Saxton Ross $70,000 Realty Title
Rose Investment Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saxton Ross O $86,782
Previous Owner Saxton Ross $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $130,000 -11.3% $79 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $146,500 -- $89 / 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 $879 $50,320 $9,960 $40,360
2024 $879 $25,920 $4,400 $21,520
2023 $1,579 $25,920 $4,400 $21,520
2022 $1,579 $25,920 $4,400 $21,520
2021 $1,597 $25,920 $4,400 $21,520
2020 $1,565 $21,600 $3,520 $18,080
2019 $1,565 $21,600 $3,520 $18,080
2018 $1,565 $21,600 $3,520 $18,080
2017 $888 $21,600 $3,520 $18,080
2016 $898 $20,560 $0 $0
2014 $898 $20,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Blume Thompson

    Seller's Agent in 2023

    Melissa Blume Thompson

    eXp Realty

    (901) 729-9443

    11 in this area

    305 Total Sales

    Section Image
  • Lance Vaughn

    Seller Co-Listing Agent in 2023

    Lance Vaughn

    eXp Realty

    (901) 734-5583

    3 in this area

    79 Total Sales

    Section Image
  • Adam Ghueder

    Buyer's Agent in 2023

    Adam Ghueder

    901, REALTORS

    (901) 325-9832

    8 in this area

    31 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10159105

Memphis Area Association of REALTORS®

APN: 06-3005-0-0015

Tennessee Shelby County Memphis 38122 Berclair

797 Novarese St Unit 2, Memphis, TN

This home is located at 797 Novarese St Unit 2, Memphis, TN 38122 since 18 October 2023 and is currently estimated at $138,696, approximately $84 per square foot. This property was built in 1953. 797 Novarese St Unit 2 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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