See Home Value
$80,000 - $90,000
House - Off Market

1116 CHICAGO

Memphis, TN 38107
bedrooms
5 Beds
bathrooms
1 Bath
Sold May 02, 2022
$33,900
Sold Sep 19, 2007
$13,511

About This Property

Currently 5 bedroom rooming house with great passive income potential but could also make a great single family home. Conveniently located near public transportation. Well-maintained property with recent updates including new roof. Seller will leave all furniture and appliances for $1500. Please do not disturb tenants
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1930

Price History

Date / Event Date Event Price
Jan 2, 2024 No longer available -
No longer available
Dec 19, 2023 In contract -
In contract
Oct 25, 2023 Price Decreased $85,000
↓ $15K (15%)
Price Decreased
Apr 28, 2023 Listed $99,999
Listed
May 2, 2022 Sold to Dorinda Jefferson, Eddie Je... $33,900
Sold to Dorinda Jefferson, Eddie Je...
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Poor
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cottage
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,300
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,332
  • Gross Building Area: 1,332
  • Building Area: 1,332
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 1,332
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEACHAM
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS CHICAGO

Ownership

  • Current Owner : JEFFERSON EDDIE
  • Current Owner 2: JEFFERSON DORINDA
  • Previous Owner : TRINA CATRON
  • Owner Before Previous Owner: HUD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 000400

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MB 2-101
  • District: O
  • Parcel: 04-0024-0-0032
  • Block: C
  • Lot: 68-69
  • Municipality: MEMPHIS
  • Latitude: 35.1784
  • Longitude: -90.0196

    Address

  • Full Address: 1116 Chicago Ave
  • Address - House Number: 1116
  • Address - Street Name: Chicago
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C097
  • 4-Digit Zip Code: 1221
  • Zip Code: 38107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $235
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1088
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 89
  • Final Value: 77,052
  • High Value: 85,437
  • Low Value: 68,667

    Market Valuation

  • Market Total Value: $15,400
  • Market Land Value: $2,200
  • Market Improvement Value: $13,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,850
  • Assessed Land Value: $550
  • Assessed Improvements Value: $3,300

    Sales

  • Current Sale Contract Date: Apr 21, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Transaction ID: 11887302518
  • Current Sale Price: $33,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 49188
  • Previous Sale Recording Date: Sep 19, 2007
  • Previous Sale Contract Date: Sep 18, 2007
  • Previous Sale Amount: $13,511
  • Previous Sale Document Type: Other



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
-
$79,900 Sep 6, 2023
-
$25/mo
House
2 Beds
1 Bath
-
$89,000 Sep 5, 2023
-
$46/mo
House
2 Beds
1 Bath
-
$89,000 Sep 5, 2023
-
$44/mo
House
2 Beds
1 Bath
-
$75,000 Jul 17, 2023
-
$200/mo

About North Memphis


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Frequently Asked Questions

When was property at 1116 Chicago Avenue built and last sold?
The property at 1116 Chicago Avenue was built in 1930 and last sold on Apr 21, 2022 for $33,900.
How much is this home worth?
The estimated value of the home located at 1116 Chicago Avenue is $100,999.
What are some comparable homes to 1116 Chicago Avenue?
Homes that are comparable to 1116 Chicago Avenue include a house property at 1007 Randle Street, 1089 West Lexington Circle, 1360 South Lexington Circle.

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