See Home Value
$94,904*
House - Off Market

1461 N MERTON

Memphis, TN 38108
bedrooms
3 Beds
bathrooms
2 Baths
$90,000 - $100,000
Reference Base Price*
-0.62%
Since Oct 1, 2023
National-US
Primary Model
Sold Mar 08, 2022
$52,000
$48,450 by Franklin Bank & Trust Company
Mortgage Due Apr 28, 2046
Sold Oct 29, 2021
$86,000

About This Property

Great Investment Property** Tenant Occupied, Please do not disturb Tenants. Long term tenant. Current monthly rent $650 M2M. Rent increasing to $850 begining July 1st. Configured as a 3/2 that can be configured as a 4/2 with some improvements. New subfloor and floors. No showings without an accepted offer.
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$38
HOA Dues
-
Year Built
1949

Price History

Date / Event Date Event Price
Sep 15, 2023 No longer available -
No longer available
Jun 29, 2023 Price Decreased $95,500
↓ $15K (13.2%)
Price Decreased
Jun 15, 2023 Listed $110,000
Listed
Mar 8, 2022 Sold to Casa Americana $52,000
Sold to Casa Americana
Feb 18, 2022 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cottage
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • 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: 6,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,510
  • Gross Building Area: 1,601
  • Building Area: 1,510
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,510
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRFAX
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS MERTON

Ownership

  • Current Owner : AMERICANA CASA
  • Previous Owner : JASON CAMPBELL
  • Owner Before Previous Owner: TWIEST BRAD
  • Owner Before Previous Owner 2: TWIEST TRACY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 000800

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 04-2061-0-0017
  • Lot: 95
  • Municipality: MEMPHIS
  • Latitude: 35.1759
  • Longitude: -89.9733

    Address

  • Full Address: 1461 N Merton St
  • Address - House Number: 1461
  • Street Direction: N
  • Address - Street Name: Merton
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C020
  • 4-Digit Zip Code: 1649
  • Zip Code: 38108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $454

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 89
  • Final Value: 90,774
  • High Value: 100,668
  • Low Value: 80,880

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $48,450
  • First Open Lien Mortgage Lender: FRANKLIN BANK & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: May 17, 2022
  • First Open Lien Mortgage Loan Amount: $48,450
  • First Open Lien Mortgage Term: 286
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 28, 2046

    Market Valuation

  • Market Total Value: $29,800
  • Market Land Value: $3,800
  • Market Improvement Value: $26,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $7,450
  • Assessed Land Value: $950
  • Assessed Improvements Value: $6,500

    Sales

  • Current Sale Contract Date: Mar 01, 2022
  • Current Sale Recording Date: Mar 08, 2022
  • Current Sale Transaction ID: 11880826465
  • Current Sale Price: $52,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 25767
  • Previous Sale Recording Date: Oct 29, 2021
  • Previous Sale Contract Date: Oct 21, 2021
  • Previous Sale Amount: $86,000
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
-
$92,500 May 16, 2023
-
$169/mo
House
2 Beds
1 Bath
-
$80,000 Oct 14, 2022
-
$141/mo
House
2 Beds
1 Bath
-
$79,000 Aug 26, 2022
-
$31/mo

About Hollywood-Hyde Park-Springdale


Similar Homes for Sale

Unit for sale at 2316 Norman Avenue, Memphis, TN 38108

$79,000

  • 2 Beds
  • 1 Bath
2316 Norman Avenue, Memphis, TN 38108 Listing by Harry Samuels
Unit for sale at 2268 Hubbard Avenue, Memphis, TN 38108

$80,000

  • 2 Beds
  • 1 Bath
2268 Hubbard Avenue, Memphis, TN 38108 Listing by Rebecca Edwards
Unit for sale at 2372 Hubbard Avenue, Memphis, TN 38108

$92,500

  • 2 Beds
  • 1 Bath
2372 Hubbard Avenue, Memphis, TN 38108 Listing by Lavetra Stewart

Nearby Rentals

Unit for rent at 3090 Kirkcaldy Rd, Memphis, TN, 38128

$1,475 /mo

  • 3 Beds
  • 2 Baths
  • 1,789 ft²
3090 Kirkcaldy Rd #3090 Kirkcaldy Rd, Memphis, TN, 38128 Listing by Manager


Frequently Asked Questions

When was property at 1461 North Merton Street built and last sold?
The property at 1461 North Merton Street was built in 1949 and last sold on Mar 1, 2022 for $52,000.
How much is this home worth?
The estimated value of the home located at 1461 North Merton Street is $96,455.
What are some comparable homes to 1461 North Merton Street?
Homes that are comparable to 1461 North Merton Street include a house property at 2372 Hubbard Avenue, 2268 Hubbard Avenue, 2316 Norman Avenue.

Quantcast