See Home Value
$84,871*
House - Off Market

1882 E PERSON

Memphis, TN 38114
bedrooms
4 Beds
bathrooms
2 Baths
$80,000 - $90,000
Reference Base Price*
6.09%
Since Jan 1, 2023
National-US
Primary Model
Sold Jan 06, 2023
$50,000
$102,330 by Kiavi Funding Inc
Mortgage Due Jul 01, 2024

About This Property

Great investment property, seller looking for quick closing, home has been demo'd but has great potential and high comps in the area. New exterior doors, partial  hardwood floors throughout and option to have 5th bedroom!Newer roof, plumbing and electrical !  Easy to show, please send all offers!
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1951

Price History

Date / Event Date Event Price
Jan 6, 2023 Sold $50,000
Sold
Dec 10, 2022 No longer available -
No longer available
Dec 1, 2022 Listed $80,000
Listed
Nov 16, 2022 No longer available -
No longer available
Nov 8, 2022 Listed $85,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Asbestos shingle
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,395
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,652
  • Gross Building Area: 1,652
  • Building Area: 1,652
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 1,652
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PERSON AVENUE
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N S PERSON

Ownership

  • Current Owner : EF3BA LLC
  • Previous Owner : MICKEA INVESTMENTS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jun 22, 2023

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007810

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 14-31
  • District: O
  • Parcel: 04-8041-0-0040
  • Lot: 55
  • Municipality: MEMPHIS
  • Latitude: 35.1003
  • Longitude: -90

    Address

  • Full Address: 1882 E Person Ave
  • Address - House Number: 1882
  • Street Direction: E
  • Address - Street Name: Person
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C081
  • 4-Digit Zip Code: 3411
  • Zip Code: 38114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $195
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 89
  • Final Value: 137,373
  • High Value: 152,345
  • Low Value: 122,400

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $102,330
  • First Open Lien Mortgage Lender: KIAVI FUNDING INC
  • First Open Lien Mortgage Recording Date: Jan 06, 2023
  • First Open Lien Mortgage Loan Amount: $102,330
  • First Open Lien Mortgage Term: 17
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2024

    Market Valuation

  • Market Total Value: $12,800
  • Market Land Value: $4,000
  • Market Improvement Value: $8,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,200
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $2,200

    Sales

  • Current Sale Contract Date: Dec 22, 2022
  • Current Sale Recording Date: Jan 06, 2023
  • Current Sale Transaction ID: 11900570257
  • Current Sale Price: $50,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1809

    Last Sale Mortgage

  • First Mortgage Lender: KIAVI FUNDING INC
  • First Mortgage Transaction Date: Jan 06, 2023
  • First Mortgage Loan Amount: $102,330
  • First Mortgage Terms: 17
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jul 01, 2024



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$75,900 May 29, 2024
-
-
House
2 Beds
1 Bath
-
$75,000 Jun 12, 2023
-
$61/mo
House
2 Beds
1 Bath
-
$84,989 May 7, 2024
-
$51/mo
Commercial
Loft
-
-
$65,000 May 20, 2024
-
$184/mo

About Depot Planning District


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Frequently Asked Questions

When was property at 1882 East Person Avenue built and last sold?
The property at 1882 East Person Avenue was built in 1951 and last sold on Dec 22, 2022 for $50,000.
How much is this home worth?
The estimated value of the home located at 1882 East Person Avenue is $80,800.
What are some comparable homes to 1882 East Person Avenue?
There are currently no comparable homes to 1882 East Person Avenue.

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