NOT LISTED FOR SALE

815 Lucille Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $89,000 - $163,000

2 Beds
1 Bath
1,653 Sq Ft
$67/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $60,900 $37 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $656/month

29 Days on Market

About This Home

As of September 2021

Attention investors! Check out this cash flowing investment opportunity. This property is already occupied and cash flowing for $450/Month each side with a lease expiring on 5/31/2023 and 1/31/2022 respectively. Do not disturb the tenants; no inspections until under contract. Make your offer contingent upon your inspection.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 08/25/2021

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $655

Year Built

  • Built in 1976

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125

Interior Spaces

  • 1,653 Sq Ft Home
  • 1-Story Property

Community Details

  • Lucile Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049082 00028

Home Details

Home Type

Single Family

Est. Annual Taxes

$655

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • MLS Map #: 747E
  • MAAR Subdivision Name: LUCILE AVE
  • Freestanding: Yes
  • List Price Per Sq Ft: 39
  • Number Of Stories: 1
  • Price Per Sq Ft: 36.84
  • Estimated Sq Ft: 1653
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Lot Info

  • Lot Number: 2
  • Acreage: 0.14
  • Lot Size: 50X125
  • Price Per Acre: 463571

Tax Info

  • Assessor Parcel Number: 049082 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Sep 28, 2021
Sold by
Rojas Hugo Tadeo and Perez Carmen Rosa
Bought by
Delbray Properties Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$64,900
Sold Price
$60,900
Premium/Discount to List
-$4,000
-6.16%
Current Estimated Value
$110,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,387
Avg. Annual Appreciation
16.40%
Original Mortgage
$42,630
Outstanding Balance
$32,977
Interest Rate
2.1%
Mortgage Type
Commercial
Estimated Equity
$77,310

Purchase Details

Listed on
Aug 25, 2021
Closed on
Sep 26, 2021
Sold by
Rojas Hugo Tadeo and Perez Carmen Rosa
Bought by
Delbray Properties Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$64,900
Sold Price
$60,900
Premium/Discount to List
-$4,000
-6.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,630
Outstanding Balance
$32,977
Interest Rate
2.1%
Mortgage Type
Commercial
Estimated Equity
$77,310

Purchase Details

Closed on
Sep 21, 2015
Sold by
Sanchez Paola A
Bought by
Rojas Hugo Tadeo and Perez Carmen Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2014
Sold by
Woods Jerry
Bought by
Sanchez Paola A

Purchase Details

Closed on
Jul 3, 2014
Sold by
Ayers Warren W
Bought by
Woods Jerry
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
Delbray Properties Llc $63,000 Coventry Escrow And Title Co
Delbray Properties Llc $60,900 Local Title Llc
Rojas Hugo Tadeo -- Attorney
Sanchez Paola A $30,000 None Available
Woods Jerry $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delbray Properties Llc $42,630
Closed Delbray Properties Llc $42,630
Previous Owner Rojas Hugo Tadeo $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $60,900 -6.2% $37 / Sq Ft
08/25/2021 08/25/21 For Sale $64,900 -- $39 / 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 $655 $33,240 $3,200 $30,040
2024 $655 $19,320 $1,600 $17,720
2023 $1,177 $19,320 $1,600 $17,720
2022 $1,177 $19,320 $1,600 $17,720
2021 $524 $19,320 $1,600 $17,720
2020 $1,307 $18,040 $1,600 $16,440
2019 $577 $18,040 $1,600 $16,440
2018 $577 $18,040 $1,600 $16,440
2017 $590 $18,040 $1,600 $16,440
2016 $890 $20,360 $0 $0
2014 $890 $20,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2021

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    9 in this area

    1,425 Total Sales

    Dean Harris
    Section Image
  • Tyler Tapley

    Buyer's Agent in 2021

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    81 in this area

    1,220 Total Sales

    Tyler Tapley
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10107267

Memphis Area Association of REALTORS®

APN: 04-9082-0-0028

Tennessee Shelby County Memphis 38106 South Memphis

815 Lucille Ave, Memphis, TN

This home is located at 815 Lucille Ave, Memphis, TN 38106 since 25 August 2021 and is currently estimated at $110,287, approximately $66 per square foot. This property was built in 1976. 815 Lucille 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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