NOT LISTED FOR SALE

816 Olympic St Memphis, TN 38107

North Memphis Neighborhood

Estimated Value: $34,000 - $62,000

3 Beds
1 Bath
1,461 Sq Ft
$30/Sq Ft Est. Value

Last Sold January 11, 2017

Last sale price $4,500 $3 Per Sq Ft

Est. 885% increase in value since last sale

Current estimated payment $248/month

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Separate Formal Living Room

About This Home

As of January 2017

Excellent opportunity for an investor. Good all brick home in need of some repairs for that residual income. Don't miss out! Motivated seller!

Last Agent to Sell the Property

Vatresa Word

Delta Realty Group LLC License #263209 Listed on: 11/05/2016

Last Buyer's Agent

Mike Parker

REMAX Experts License #312619

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $175

Year Built

  • Built in 1935

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,461 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Community Details

  • Olympic Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021086 00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$175

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 742C
  • MAAR Subdivision Name: OLYMPIC PARK
  • List Price Per Sq Ft: 4
  • Number Of Stories: 1
  • Price Per Sq Ft: 3.08
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1461
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 39 TO 42
  • Acreage: 0.13
  • Lot Size: 60X100
  • Price Per Acre: 45385

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 021086 00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Neighborhood Prescrvation Inc
Bought by
Gp Moha
Current Estimated Value
$44,338

Purchase Details

Closed on
Jul 22, 2019
Sold by
Tipton Charles Anthony
Bought by
Neighborhood Preservation Inc

Purchase Details

Listed on
Nov 5, 2016
Closed on
Jan 12, 2017
Sold by
Mdm Investments Of Memphis Llc
Bought by
Tipton Charles Anthony
Seller's Agent
Vatresa Word
Delta Realty Group LLC
Buyer's Agent
Mike Parker
REMAX Experts
List Price
$6,900
Sold Price
$4,500
Premium/Discount to List
-$2,400
-34.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.73%

Purchase Details

Listed on
Nov 5, 2016
Closed on
Jan 11, 2017
Sold by
Mdm Investments Of Memphis Llc
Bought by
Tipton Charles Anthony
Seller's Agent
Vatresa Word
Delta Realty Group LLC
Buyer's Agent
Mike Parker
REMAX Experts
List Price
$6,900
Sold Price
$4,500
Premium/Discount to List
-$2,400
-34.78%

Purchase Details

Closed on
Oct 24, 2016
Sold by
Wells Fargo Bank Na
Bought by
Mdm Investments Of Memphis Llc

Purchase Details

Closed on
Sep 22, 1998
Sold by
James Longmire
Bought by
Staples Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,903
Interest Rate
6.76%
Mortgage Type
FHA
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
Gp Moha -- None Available
Neighborhood Preservation Inc $12,000 None Available
Tipton Charles Anthony $4,500 Baymark Title And Escrow Ser
Tipton Charles Anthony $4,500 Baymark Title And Escrow Ser
Mdm Investments Of Memphis Llc $251 Skw Title Company Llc
Staples Charles $41,000 --
Wells Fargo Bank Na $9,620 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Staples Charles $41,903
Closed Staples Charles $1,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2017 01/11/17 Sold $4,500 -34.8% $3 / Sq Ft
01/10/2017 01/10/17 Pending -- -- --
11/05/2016 11/05/16 For Sale $6,900 -- $5 / 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 $175 $1,375 $1,375 --
2024 $175 $5,150 $625 $4,525
2023 $314 $5,150 $625 $4,525
2022 $314 $5,150 $625 $4,525
2021 $140 $5,150 $625 $4,525
2020 $135 $4,225 $625 $3,600
2019 $135 $4,225 $625 $3,600
2018 $135 $4,225 $625 $3,600
2017 $138 $4,225 $625 $3,600
2016 $236 $5,400 $0 $0
2014 $236 $5,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2017

    Vatresa Word

    Delta Realty Group LLC

    (901) 453-0677

    17 Total Sales

    Vatresa Word
    Section Image
  • Mike Parker

    Buyer's Agent in 2017

    Mike Parker

    RE/MAX

    (901) 488-0505

    119 Total Sales

    Mike Parker
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9991698

Memphis Area Association of REALTORS®

APN: 02-1086-0-0024

Tennessee Shelby County Memphis 38107 North Memphis

816 Olympic St, Memphis, TN

This home is located at 816 Olympic St, Memphis, TN 38107 since 05 November 2016 and is currently estimated at $44,338, approximately $30 per square foot. This property was built in 1935. 816 Olympic St is a home located in Shelby County with nearby schools including Vollentine Elementary School, Grandview Heights Middle, and Manassas High School.

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