NOT LISTED FOR SALE

1543 Wabash Ave Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $114,436 - $141,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$82/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2023

Last sale price $125,000 $78 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $763 / mo

10 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Laundry Room
  • Separate Formal Living Room
  • Brick Veneer
  • 5-minute walk to Lincoln Park

About This Home

As of May 2023

Take advantage of this great investment opportunity! This newly renovated, tenant occupied property is basically rewarding you financially to own it. This gem is newly renovated with updated kitchen and bathrooms. Hardwood in primary bedroom. Fresh carpet. Tile in bathrooms with updated plumbing and fixtures. The roof was installed in 2017. Flexible space that can be used as another room. Exterior was revitalized with new paint and updated look. New Hvac and AC. Do not disturb tenant.

Last Agent to Sell the Property

Aubrey Dunlap

Infinity Group REALTORS, Inc. License #351536 Listed on: 04/11/2023

Last Buyer's Agent

Susan East

Crye-Leike of MS, Inc. License #261690

Crye-Leike of MS, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 0.38

Home Design

  • Bungalow
  • Brick Veneer
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,400 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Porch
  • Level Lot

Community Details

  • Silver Heights S/D Of Lot 33 East Dixie Subdivision

Listing and Financial Details

  • Assessor Parcel Number 048030 00078

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0.38 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: Silver Heights
  • List Price Per Sq Ft: 86
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1400
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 4
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Washer/Dryer Connections
  • Other Rooms: Laundry Room
  • P R I M A R Y B E D R O O M: Hardwood Floor

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Level
  • Lot Size: 16,317

Tax Info

  • Assessor Parcel Number: 048030 00078

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
May 12, 2023
Sold by
Jones Kylan
Bought by
Loyola Jeffrey
Seller's Agent
Aubrey Dunlap
Infinity Group REALTORS, Inc.
Buyer's Agent
Susan East
Crye-Leike of MS, Inc.
List Price
$120,000
Sold Price
$125,000
Premium/Discount to List
$5,000
4.17%
Views
82
Current Estimated Value
$131,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,609
Avg. Annual Appreciation
1.81%
Original Mortgage
$100,000
Outstanding Balance
$97,219
Interest Rate
6.39%
Mortgage Type
Construction
Estimated Equity
$34,390

Purchase Details

Closed on
May 18, 2021
Sold by
Black Rhino Investment Properties Llc
Bought by
Jones Kylan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,295
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
May 22, 2017
Closed on
Jun 5, 2017
Sold by
Bailey Vicki J and Johnson Victoria
Bought by
Black Rhino Investment Properties Llc
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Kenneth Tate
Tate Realty and Construction
List Price
$25,000
Sold Price
$25,551
Premium/Discount to List
$551
2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.42%

Purchase Details

Closed on
Mar 19, 2007
Sold by
Johnson Theodore R and Johnson Annie M
Bought by
Bailey Vicki J
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
Loyola Jeffrey $125,000 Guardian Title
Jones Kylan $68,500 Saddle Creek Title Llc
Black Rhino Investment Properties Llc $25,551 None Available
Bailey Vicki J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loyola Jeffrey $100,000
Previous Owner Jones Kylan $65,295
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2023 05/12/23 Sold $125,000 +4.2% $89 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $120,000 +369.6% $86 / Sq Ft
06/03/2017 06/03/17 Sold $25,551 +2.2% $16 / Sq Ft View Prior Sale
05/27/2017 05/27/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $25,000 -- $16 / 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 $717 $31,450 $2,700 $28,750
2024 $717 $21,150 $2,150 $19,000
2023 $758 $12,450 $2,150 $10,300
2022 $758 $12,450 $2,150 $10,300
2021 $901 $12,450 $2,150 $10,300
2020 $899 $12,400 $2,150 $10,250
2019 $396 $12,400 $2,150 $10,250
2018 $396 $12,400 $2,150 $10,250
2017 $406 $12,400 $2,150 $10,250
2016 $581 $13,300 $0 $0
2014 $581 $13,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Aubrey Dunlap

    Infinity Group REALTORS, Inc.

    (901) 502-5894

    1 in this area

    15 Total Sales

    Aubrey Dunlap
    Section Image

  • S

    Buyer's Agent in 2023

    Susan East

    Crye-Leike

    Section Image

  • C

    Seller's Agent in 2017

    Carol Tate

    Tate Realty and Construction

    (901) 458-4663

    1 in this area

    30 Total Sales

    Carol Tate
    Section Image

  • K

    Buyer's Agent in 2017

    Kenneth Tate

    Tate Realty and Construction

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10145632

Memphis Area Association of REALTORS®

APN: 04-8030-0-0078

Tennessee Shelby County Memphis 38106 Southeast Memphis

1543 Wabash Ave, Memphis, TN

Not Listed for Sale

Detached

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