NOT LISTED FOR SALE

983 E Person Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $70,000 - $92,000

2 Beds
1 Bath
1,035 Sq Ft
$77/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $8,500 $8 Per Sq Ft

Est. 840% increase in value since last sale

Current estimated payment $446/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Patio
  • Wood Flooring
  • Porch
  • 1-Story Property

About This Home

As of January 2020

Nice home with low maintenance exterior siding on a large lot that is available for sale. Super convenient location that is minutes from everything. Big backyard and good floor plan with large den area. Property being sold as-is. This could be an excellent primary residence or investment property once repaired. Property was purchased at a tax sale but title insurance is available. Clean title, normal sale...quick closing. Cash offers only, seller will not turn on utilities.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 05/24/2019

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 05/24/2019

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 6,970 Sq Ft Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,035 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Community Details

  • Oklahoma Blk 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 034072 00003

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: OKLAHOMA BLK 3
  • List Price Per Sq Ft: 14
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1035
  • Year Built: 1948
  • 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: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Pantry

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 34
  • Acreage: 0.16
  • Lot Size: 39.08+11.18/50X145/140

Tax Info

  • Assessor Parcel Number: 034072 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Jan 10, 2020
Sold by
Blue Reo Sc 1 Llc
Bought by
K & W Legacy Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$29,999
Sold Price
$8,500
Premium/Discount to List
-$21,499
-71.67%
Current Estimated Value
$79,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,395
Avg. Annual Appreciation
47.06%
Original Mortgage
$17,000
Outstanding Balance
$15,020
Interest Rate
3.6%
Mortgage Type
Unknown
Estimated Equity
$64,875

Purchase Details

Closed on
Dec 29, 1999
Sold by
Walton Russel
Bought by
Walton Marcus and Walton Felecia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500
Interest Rate
7.9%

Purchase Details

Closed on
Dec 5, 1999
Sold by
Russell Walton
Bought by
Walton Marcus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500
Interest Rate
7.9%
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
K & W Legacy Llc $8,500 Saddle Creek Title Llc
Walton Marcus -- Equity Title & Escrow Co
Walton Marcus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K & W Legacy Llc $17,000
Previous Owner Walton Marcus $25,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2020 01/10/20 Sold $8,500 -43.0% $8 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
12/15/2019 12/15/19 Price Changed $14,900 -11.0% $14 / Sq Ft
12/10/2019 12/10/19 Price Changed $16,750 -0.9% $16 / Sq Ft
11/24/2019 11/24/19 Price Changed $16,900 -0.5% $16 / Sq Ft
10/14/2019 10/14/19 Price Changed $16,980 -0.1% $16 / Sq Ft
10/07/2019 10/07/19 Price Changed $16,990 -3.7% $16 / Sq Ft
09/29/2019 09/29/19 Price Changed $17,650 -0.3% $17 / Sq Ft
09/10/2019 09/10/19 Price Changed $17,700 -0.3% $17 / Sq Ft
08/28/2019 08/28/19 Price Changed $17,750 -0.8% $17 / Sq Ft
08/05/2019 08/05/19 Price Changed $17,900 -0.6% $17 / Sq Ft
07/19/2019 07/19/19 Price Changed $17,999 -5.3% $17 / Sq Ft
06/27/2019 06/27/19 Price Changed $18,999 0.0% $18 / Sq Ft
06/20/2019 06/20/19 Price Changed $19,000 -20.8% $18 / Sq Ft
06/06/2019 06/06/19 Price Changed $24,000 -20.0% $23 / Sq Ft
05/24/2019 05/24/19 For Sale $29,999 -- $29 / 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 -- $15,825 $2,000 $13,825
2024 $339 $10,600 $1,000 $9,600
2023 $646 $10,600 $1,000 $9,600
2022 $646 $10,600 $1,000 $9,600
2021 $366 $10,600 $1,000 $9,600
2020 $596 $8,225 $1,000 $7,225
2019 $263 $8,225 $1,000 $7,225
2018 $263 $8,225 $1,000 $7,225
2017 $269 $8,225 $1,000 $7,225
2016 $377 $8,625 $0 $0
2014 $377 $8,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2020

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    83 in this area

    1,197 Total Sales

    Tyler Tapley
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10053453

Memphis Area Association of REALTORS®

APN: 03-4072-0-0003

Tennessee Shelby County Memphis 38106 South Memphis

983 E Person Ave, Memphis, TN

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