NOT LISTED FOR SALE

971 Galloway Ave Memphis, TN 38105

Crosstown Neighborhood

Estimated Value: $123,000 - $146,352

3 Beds
1 Bath
1,400-1,599 Sq Ft
$85/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $63,000 $39 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $816/month

32 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • 1 Car Detached Garage
  • Wood Flooring
  • Covered Patio or Porch
  • Storm Windows

About This Home

As of March 2018

INVESTOR ALERT!! Don't Miss Out on this 3 Bedroom / 1 Bath jewel! Great rental income on a spacious home in a convenient location. This house boasts an iconic porch swing, grand hardwood floors, private backyard & additional outdoor workspace. Home being sold As-IS. Contact listing agent for rental income details. Buy Today - Earn Right Away!

Last Agent to Sell the Property

Linda Jeanniton

Infinity Group REALTORS, Inc. License #338279 Listed on: 01/29/2018

Last Buyer's Agent

Kathryn Garland

Crye-Leike, Inc., REALTORS License #303945

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 120
  • Dog Run
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,547 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Dining Room
  • Storage Room
  • Washer and Dryer Hookup
  • Unfinished Basement
  • Partial Basement
  • Attic Access Panel
  • Oven or Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

  • Storm Windows
  • Iron Doors

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Radiator

Community Details

  • Galloway Park Blk 12 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021123 00012

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GALLOWAY PARK BLK 12
  • List Price Per Sq Ft: 44
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1547
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 1 Bath
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 2, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: Masonry, Presently Inoperative, In Living Room
  • Floors/Ceilings: Hardwood Throughout, Vinyl Floor, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Pantry, W/D Connection in Kitchen
  • Misc Interior: Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Unfinished Basement, Storage Room
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Porch, Covered Patio, Chain Fence, Storage, Pet Area, Sidewalks
  • Exterior Windows: Brick Veneer, Storm Window(s)
  • Foundation: Conventional, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1D
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Heating: Radiator

Lot Info

  • Lot Description: Level, Chain Fenced
  • Lot Number: 12
  • Acreage: 0.13
  • Lot Size: 50 X 120

Tax Info

  • Assessor Parcel Number: 021123 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2023
Sold by
Trout Alicja
Bought by
Trenthem Phillip Richard and Trenthem Wendy L
Current Estimated Value
$150,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Outstanding Balance
$120,944
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$14,894

Purchase Details

Closed on
Mar 28, 2019
Sold by
V & V Investments Llc
Bought by
Trout Alicja

Purchase Details

Listed on
Jan 29, 2018
Closed on
Mar 15, 2018
Sold by
Not Exactly Graceland Properties Llc
Bought by
V & V Investments Llc
Seller's Agent
Linda Jeanniton
Infinity Group REALTORS, Inc.
Buyer's Agent
Kathryn Garland
Crye-Leike, Inc., REALTORS
List Price
$68,000
Sold Price
$63,000
Premium/Discount to List
-$5,000
-7.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%

Purchase Details

Closed on
Oct 21, 2014
Sold by
Geithner Eric
Bought by
Not Exactly Graceland Properties Llc

Purchase Details

Closed on
May 30, 2012
Sold by
River City Investment Properties Inc
Bought by
Geithner Eric

Purchase Details

Closed on
Nov 21, 2011
Sold by
Dagastino Barbara Jean and Dagastino Michael
Bought by
River City Investment Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,400
Interest Rate
4.17%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Trenthem Phillip Richard $130,000 Executive Title & Closing
Trout Alicja -- None Available
V & V Investments Llc $63,000 Saddle Creek Title Llc
Not Exactly Graceland Properties Llc -- Saddle Creek Title Llc
Geithner Eric $57,700 None Available
River City Investment Properties $16,900 Tam Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trenthem Phillip Richard $123,500
Previous Owner River City Investment Properties $33,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2018 03/15/18 Sold $63,000 -7.4% $45 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $68,000 -- $49 / 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 $431 $32,350 $4,500 $27,850
2024 -- $12,700 $1,125 $11,575
2023 $774 $12,700 $1,125 $11,575
2022 $774 $12,700 $1,125 $11,575
2021 $438 $12,700 $1,125 $11,575
2020 $621 $8,575 $1,125 $7,450
2019 $274 $8,575 $1,125 $7,450
2018 $274 $8,575 $1,125 $7,450
2017 $281 $8,575 $1,125 $7,450
2016 $673 $15,400 $0 $0
2014 $673 $15,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Linda Jeanniton

    Infinity Group REALTORS, Inc.

    Section Image
  • Kathryn Garland

    Buyer's Agent in 2018

    Kathryn Garland

    Crye-Leike

    (901) 644-8751

    1 in this area

    74 Total Sales

    Kathryn Garland
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10019346

Memphis Area Association of REALTORS®

APN: 02-1123-0-0012

Tennessee Shelby County Memphis 38105 Crosstown

971 Galloway Ave, Memphis, TN

Not Listed for Sale

Detached

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