NOT LISTED FOR SALE

940 Leacrest Ave Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $96,000 - $111,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$86/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $74,000 $62 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $603/month

Highlights

  • Gated Parking
  • Wood Flooring
  • Den
  • Traditional Architecture
  • Corner Lot
  • Some Wood Windows

About This Home

As of March 2022

Cash flowing property! Tenant occupied (please do not disturb). Tenant is paying $730 a month and the lease ends MAR 2023. No showings until under contract. Home was recently updated in 2019 and managed by a local professional management company. Sold AS-IS.

Last Agent to Sell the Property

John Moore

Keller Williams License #338713 Listed on: 02/21/2022

Keller Williams

Last Buyer's Agent

Monica Bynum

Crye-Leike, Inc., REALTORS License #343193

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $642

Year Built

  • Built in 1962

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100x110
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,196 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Den
  • Iron Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Gated Parking

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Community Details

  • Chickasaw Village 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075137 00042

Home Details

Home Type

Single Family

Est. Annual Taxes

$642

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 765A
  • MAAR Subdivision Name: CHICKASAW VILLAGE 1ST ADD
  • List Price Per Sq Ft: 64
  • Number Of Stories: 1
  • Price Per Sq Ft: 61.87
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1196
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Chain Fence
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, Gated Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Corner, Chain Fenced
  • Lot Number: 65
  • Acreage: 0.25
  • Lot Size: 100X110
  • Price Per Acre: 308000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 075137 00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
Mar 10, 2022
Sold by
Brittain Nadia I
Bought by
Bertrand Holdings Llc
Seller's Agent
John Moore
Keller Williams
Buyer's Agent
Monica Bynum
Crye-Leike, Inc., REALTORS
List Price
$77,000
Sold Price
$74,000
Premium/Discount to List
-$3,000
-3.9%
Current Estimated Value
$103,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,523
Avg. Annual Appreciation
9.80%

Purchase Details

Listed on
Jan 15, 2019
Closed on
Feb 22, 2019
Sold by
Memphis Investment Properties Ii Llc
Bought by
Brittain Nadia I
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Jim Reedy
Reedy & Company, REALTORS
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.89%
Original Mortgage
$52,425
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2019
Closed on
Jan 23, 2019
Sold by
Memphis Investments Rental Properites Ll
Bought by
Mamphis Investments Properties Ii Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Jim Reedy
Reedy & Company, REALTORS
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,425
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2018
Sold by
Byrum Candice
Bought by
Memphis Investments Rental Properties Ll

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
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 15, 2014
Closed on
Oct 20, 2014
Sold by
Bank Of America Na
Bought by
Byrum Candice
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Henry Smith
901 Realty
List Price
$12,500
Sold Price
$7,500
Premium/Discount to List
-$5,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.01%

Purchase Details

Closed on
Jun 11, 2014
Sold by
Federal National Mortgage Association
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 20, 2012
Sold by
Catron Donny Melvin
Bought by
Federal National Mortgage Association
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
Bertrand Holdings Llc $74,000 Home Surety Title & Escrow
Brittain Nadia I $69,900 Delta Title Services Llc
Mamphis Investments Properties Ii Llc -- Delta Title Services Llc
Memphis Investments Rental Properties Ll $20,000 Delta Title Services Llc
Byrum Candice $7,500 None Available
Bank Of America Na -- None Available
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brittain Nadia I $52,425
Previous Owner Memphis Investments Rental Properties Ll $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2022 03/10/22 Sold $74,000 -3.9% $74 / Sq Ft
02/21/2022 02/21/22 For Sale $77,000 +10.2% $77 / Sq Ft
02/22/2019 02/22/19 Sold $69,900 0.0% $70 / Sq Ft View Prior Sale
01/15/2019 01/15/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $69,900 0.0% $70 / Sq Ft
01/10/2019 01/10/19 Rented $745 0.0% --
12/18/2018 12/18/18 For Rent $745 0.0% --
10/21/2014 10/21/14 Sold $7,500 -40.0% $6 / Sq Ft View Prior Sale
09/29/2014 09/29/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $12,500 +25.0% $10 / Sq Ft
03/08/2013 03/08/13 Sold $10,000 -27.5% $8 / Sq Ft View Prior Sale
02/26/2013 02/26/13 Pending -- -- --
01/08/2013 01/08/13 For Sale $13,800 -- $12 / 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 $642 $27,925 $2,725 $25,200
2024 $642 $18,950 $2,250 $16,700
2023 $1,154 $18,950 $2,250 $16,700
2022 $1,154 $18,950 $2,250 $16,700
2021 $654 $18,950 $2,250 $16,700
2020 $946 $13,050 $2,250 $10,800
2019 $417 $13,050 $2,250 $10,800
2018 $417 $13,050 $2,250 $10,800
2017 $427 $13,050 $2,250 $10,800
2016 $528 $12,075 $0 $0
2014 $528 $12,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Moore

    Seller's Agent in 2022

    John Moore

    Keller Williams

    (901) 232-1901

    1 in this area

    158 Total Sales

    John Moore
    Section Image
  • Monica Bynum

    Buyer's Agent in 2022

    Monica Bynum

    Crye-Leike, Inc., REALTORS

    (901) 833-5456

    13 in this area

    224 Total Sales

    Monica Bynum
    Section Image
  • Jim Reedy

    Seller's Agent in 2019

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    22 in this area

    414 Total Sales

    Jim Reedy
    Section Image

  • C

    Seller's Agent in 2019

    Chris Throneburg

    Progress Residential Property

  • Tyler Tapley

    Seller's Agent in 2014

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    49 in this area

    1,207 Total Sales

    Tyler Tapley
    Section Image

  • H

    Buyer's Agent in 2014

    Henry Smith

    901 Realty

    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10118066

Memphis Area Association of REALTORS®

APN: 07-5137-0-0042

Tennessee Shelby County Memphis 38109 Westwood

940 Leacrest Ave, Memphis, TN

This home is located at 940 Leacrest Ave, Memphis, TN 38109 since 21 February 2022 and is currently estimated at $103,523, approximately $86 per square foot. This property was built in 1962. 940 Leacrest Ave is a home located in Shelby County with nearby schools including Levi Elementary School, Chickasaw Middle School, and Westwood High School.

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