NOT LISTED FOR SALE

89 S Parkway E Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $67,000 - $86,000

6 Beds
2 Baths
1,400-1,599 Sq Ft
$47/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $43,000 $27 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $425/month

58 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Dining Room
  • Wood Flooring
  • Central Heating
  • 4-minute walk to Booth Park

About This Home

As of July 2019

Property is currently run as a boarding house with 6 rooms occupied at $400 per month for a total rent income monthly of $2400. Tenants in place. Do not disturb tenants. Drive by only. Make offer subject to inspection. Property is being sold "as is". Good investment opportunity.

Last Agent to Sell the Property

Miki Brewer

McWaters & Associates License #330550 Listed on: 04/29/2019

Last Buyer's Agent

Connie Davis

Lawrence Johnson, REALTORS License #285941

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,277 Sq Ft Home
  • 3-Story Property
  • Dining Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms | 5 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • Mid-Rise Condominium
  • South Parkway Texas St Subdivision

Listing and Financial Details

  • Assessor Parcel Number 035083 00013

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: Mid Rise (3-6 Stories)
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SOUTH PARKWAY-TEXAS ST
  • List Price Per Sq Ft: 35
  • Number Of Stories: 3
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1277
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Additional Bedroom Bathroom Info: Split Bedroom Plan
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Carpet
  • Bedrooms: 6
  • Bedrooms Down: 5
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Dining Room
  • P R I M A R Y B E D R O O M: Hardwood Floor

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central

Lot Info

  • Lot Number: 10
  • Acreage: 0.17
  • Lot Size: 50 X 150

Tax Info

  • Assessor Parcel Number: 035083 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2022
Sold by
Phillip White
Bought by
White Phillip and White Jason
Current Estimated Value
$75,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$71,363
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$4,509

Purchase Details

Listed on
Apr 29, 2019
Closed on
Jul 23, 2019
Sold by
Parker Latorya
Bought by
White Phillip and White Jason
Seller's Agent
Miki Brewer
McWaters & Associates
Buyer's Agent
Connie Davis
Lawrence Johnson, REALTORS
List Price
$45,000
Sold Price
$43,000
Premium/Discount to List
-$2,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%

Purchase Details

Listed on
Oct 14, 2012
Closed on
May 3, 2013
Sold by
Orion Federal Credit Union
Bought by
Parker Latorya
Seller's Agent
Carol Stout
Ware Jones, REALTORS
Buyer's Agent
Harrel Moore
Harrel C. Moore Realty Co.
List Price
$15,000
Sold Price
$13,000
Premium/Discount to List
-$2,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.21%

Purchase Details

Listed on
Oct 14, 2012
Closed on
Mar 19, 2013
Sold by
Staten Willie and Staten Jacquelyn
Bought by
Orion Federal Credit Union
Seller's Agent
Carol Stout
Ware Jones, REALTORS
Buyer's Agent
Harrel Moore
Harrel C. Moore Realty Co.
List Price
$15,000
Sold Price
$13,000
Premium/Discount to List
-$2,000
-13.33%

Purchase Details

Closed on
Jul 2, 2012
Sold by
Staten Wilie and Staten Jacquelyn
Bought by
Orion Federal Credit Union
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
White Phillip -- Regency Title & Escrow
White Phillip $43,000 None Available
Parker Latorya $13,000 Preferred Title & Escrow
Orion Federal Credit Union $11,894 None Available
Orion Federal Credit Union $4,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Phillip $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2019 07/23/19 Sold $43,000 -4.4% $31 / Sq Ft
07/02/2019 07/02/19 For Sale $45,000 0.0% $32 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $45,000 +246.2% $32 / Sq Ft
05/03/2013 05/03/13 Sold $13,000 -13.3% $10 / Sq Ft View Prior Sale
04/09/2013 04/09/13 Pending -- -- --
10/14/2012 10/14/12 For Sale $15,000 -- $12 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $303 $15,500 $1,500 $14,000
2024 $303 $8,950 $750 $8,200
2023 $545 $8,950 $750 $8,200
2022 $545 $8,950 $750 $8,200
2021 $309 $8,950 $750 $8,200
2020 $469 $6,475 $750 $5,725
2019 $207 $6,475 $750 $5,725
2018 $207 $6,475 $750 $5,725
2017 $212 $6,475 $750 $5,725
2016 $393 $9,000 $0 $0
2014 $393 $9,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Miki Brewer

    McWaters & Associates

    Section Image
  • Connie Davis

    Buyer's Agent in 2019

    Connie Davis

    Lawrence Johnson, REALTORS

    (901) 690-0671

    4 in this area

    57 Total Sales

    Connie Davis
    Section Image
  • Carol Stout

    Seller's Agent in 2013

    Carol Stout

    Ware Jones, REALTORS

    (901) 652-4517

    23 Total Sales

    Carol Stout
    Section Image

  • H

    Buyer's Agent in 2013

    Harrel Moore

    Harrel C. Moore Realty Co.

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10051426

Memphis Area Association of REALTORS®

APN: 03-5083-0-0013

Tennessee Shelby County Memphis 38106 South Memphis

89 S Parkway E, Memphis, TN

Not Listed for Sale

Detached

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