818 Chelsea Ave Memphis, TN 38107
North Memphis Neighborhood
2
Beds
1
Bath
2,072
Sq Ft
6,098
Sq Ft Lot
Highlights
- Traditional Architecture
- Level Lot
- 1-Story Property
About This Home
As of May 2025Investment opportunity available. Three separate duplexes, each unit is a 2bed/ 1bath. Six units total. Addresses are 810/812 Chelsea, 814/816 Chelsea , 818/820 Chelsea. Market rent is approximately $850. Painted brick exterior and roofs were recently replaced...interior of each property does need repairs/updates. Utilities are separated too which helps! Redevelopment opportunity. Seller prefers bulk sale of all 3 units but will look at selling each duplex individually. Could be a huge value add for your portfolio! Very close to downtown area. Seller is not interested in owner financed offers, creative financing, subject to offers, and no wholesalers or assignments please. ONLINE VIDEO AVAILABLE UPON REQUEST. Interior photos are from one of the duplexes. More info available.
Last Agent to Sell the Property
Crye-Leike, Inc., REALTORS License #296080 Listed on: 01/16/2025
Last Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $347
Year Built
- Built in 1932
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 52x108
- Level Lot
Parking
- Driveway
Home Design
- Duplex
- Traditional Architecture
Interior Spaces
- 2,072 Sq Ft Home
- 1-Story Property
Community Details
- Frey S/D Subdivision
Listing and Financial Details
- Assessor Parcel Number 027011 00034
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2025
Closed on
Jun 10, 2025
Sold by
Q8b0i506sp Inc
Bought by
Jtag Tn Re Group Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$69,900
Sold Price
$66,667
Premium/Discount to List
-$3,233
-4.63%
Views
99
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,333
Avg. Annual Appreciation
447.97%
Original Mortgage
$183,725
Outstanding Balance
$168,887
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
-$66,887
Purchase Details
Closed on
Jun 12, 2023
Sold by
Alta Investments Llp
Bought by
Cascade Ranch Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,810
Interest Rate
6.39%
Mortgage Type
Construction
Purchase Details
Closed on
May 17, 2022
Sold by
Buu Au Dao Duong
Bought by
Alta Investments Llp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 5, 2022
Sold by
Thi Ly Nguyet
Bought by
Au Dao Duong Buu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 10, 2021
Sold by
Harrison Charles and Harrison Edna
Bought by
Ly Nguyet Thi and Au Dao Duong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
2.19%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 18, 1996
Sold by
Silverstein Barry L
Bought by
Harrison Charles and Harrison Edna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Similar Homes in Memphis, TN
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $165,500 | Jps Title Services | |
| Warranty Deed | $270,000 | Memphis Title Company | |
| Warranty Deed | $240,000 | Foundation Title & Escrow | |
| Quit Claim Deed | -- | Apperson Crump Plc | |
| Warranty Deed | $155,000 | None Available | |
| Warranty Deed | $136,000 | Security Title Company Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $183,725 | Construction | |
| Closed | $183,725 | Construction | |
| Previous Owner | $284,810 | Construction | |
| Previous Owner | $264,000 | New Conventional | |
| Previous Owner | $50,000 | FHA | |
| Previous Owner | $60,000 | Purchase Money Mortgage | |
| Previous Owner | $50,000 | Stand Alone Second | |
| Previous Owner | $94,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $66,667 | +2.7% | $32 / Sq Ft |
| 05/14/2025 05/14/25 | Pending | -- | -- | -- |
| 04/02/2025 04/02/25 | Price Changed | $64,900 | -7.2% | $31 / Sq Ft |
| 01/16/2025 01/16/25 | For Sale | $69,900 | -- | $34 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $347 | $24,440 | $2,760 | $21,680 |
| 2024 | $347 | $10,240 | $920 | $9,320 |
| 2023 | $624 | $10,240 | $920 | $9,320 |
| 2022 | $624 | $10,240 | $920 | $9,320 |
| 2021 | $741 | $10,240 | $920 | $9,320 |
| 2020 | $1,177 | $16,240 | $920 | $15,320 |
| 2019 | $519 | $16,240 | $920 | $15,320 |
| 2018 | $519 | $16,240 | $920 | $15,320 |
| 2017 | $531 | $16,240 | $920 | $15,320 |
| 2016 | $748 | $17,120 | $0 | $0 |
| 2014 | $748 | $17,120 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Tapley
Seller's Agent in 2025
Tyler Tapley
Crye-Leike, Inc., REALTORS
(901) 871-1290
16 in this area
1,221 Total Sales
-
N
Buyer's Agent in 2025
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10188191
APN: 02-7011-0-0034
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