See Home Value
$188,000*
House - Off Market

1489 FELIX

Memphis, TN 38114
bedrooms
4 Beds
bathrooms
2.5 Baths, 1 Half Bath
$170,000 - $206,000
Reference Base Price*
0.00%
Since Dec 1, 2023
National-US
Primary Model
Sold Aug 24, 2022
$105,000
$120,400 by Ifp Fund I Llc
Mortgage Due Jan 01, 2054
Sold Mar 01, 2022
$60,000
Buyer
Seller

About This Property

Spacious newly renovated home 3 minutes from Cooper-Young and 5 minutes from downtown Memphis! Great investment property as well as owner occupant.
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$71
HOA Dues
-
Year Built
1927

Price History

Date / Event Date Event Price
Nov 8, 2023 No longer available -
No longer available
Jul 6, 2023 Price Decreased $188,000
↓ $12K (6%)
Price Decreased
Jun 2, 2023 Price Decreased $199,999
↓ $10K (4.8%)
Price Decreased
May 5, 2023 Listed $210,000
Listed
Aug 24, 2022 Sold $105,000
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Poor
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Bungalow
  • 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: 11,250
  • Lot Size Depth Feet: 2,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,831
  • Gross Building Area: 1,831
  • Building Area: 1,831
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 1,831
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CARR
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS FELIX 200 FT W OF RAYNER

Ownership

  • Current Owner : SPENCER PROPERTY INVESTMENTS LLC
  • Previous Owner : 4821 LLC
  • Owner Before Previous Owner: HELEN HAMMOND
  • 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: 006200

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 01-5022-0-0007
  • Lot: 8
  • Municipality: MEMPHIS
  • Latitude: 35.1193
  • Longitude: -90.0126

    Address

  • Full Address: 1489 Felix Ave
  • Address - House Number: 1489
  • Address - Street Name: Felix
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C063
  • 4-Digit Zip Code: 1509
  • Zip Code: 38114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $848
  • Intital Tax Deliquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 89
  • Final Value: 181,586
  • High Value: 201,378
  • Low Value: 161,795

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,400
  • First Open Lien Mortgage Lender: IFP FUND I LLC
  • First Open Lien Mortgage Recording Date: Dec 22, 2023
  • First Open Lien Mortgage Loan Amount: $120,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $55,700
  • Market Land Value: $10,000
  • Market Improvement Value: $45,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,925
  • Assessed Land Value: $2,500
  • Assessed Improvements Value: $11,425

    Sales

  • Current Sale Contract Date: Jul 12, 2022
  • Current Sale Recording Date: Aug 24, 2022
  • Current Sale Transaction ID: 11894992844
  • Current Sale Price: $105,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 94902
  • Previous Sale Recording Date: Mar 01, 2022
  • Previous Sale Contract Date: Feb 22, 2022
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: 4821 LLC
  • First Mortgage Transaction Date: Aug 24, 2022
  • First Mortgage Loan Amount: $25,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1.5 Baths
-
$179,000 May 25, 2023
-
$501/mo
Townhouse
3 Beds
1.5 Baths
-
$192,900 Jan 12, 2023
-
$98/mo
Multifamily
Stu
-
-
$210,000 May 11, 2023
-
$198/mo

About Depot Planning District


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Frequently Asked Questions

When was property at 1489 Felix Avenue built and last sold?
The property at 1489 Felix Avenue was built in 1927 and last sold on Jul 12, 2022 for $105,000.
How much is this home worth?
The estimated value of the home located at 1489 Felix Avenue is $201,999.
What are some comparable homes to 1489 Felix Avenue?
Homes that are comparable to 1489 Felix Avenue include a house property at 1023 Oakview Street, a townhouse property at 1646 Foster Avenue, a multifamily property at 1339 East McLemore Avenue.

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