Check Availability
$319,900
↓ $5K (1.5%)
House - For Sale

1556 TUTWILER

Memphis, TN 38107
bedrooms
2 Beds
bathrooms
2 Baths
$1,817
Estimated Monthly
$0
HOA / Fees
2.75%
Cap Rate

About This Property

Live in one side and collect rent from the other side! This is your chance to own a renovated duplex in coveted Midtown Memphis. Fully renovated in 2017, this duplex has been a consistent cashflow machine. Now is your chance to own and collect double rent, OR live in one side and have someone else pay you rent! Come look today!!
Unit Size
-
Days on Market
36 days
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$246
HOA Dues
-
Year Built
1925
Listed By
Jamie Green
River City Land Co., LLC
Last updated: 17 days ago (MAARTN #10168905)

Price History

Date / Event Date Event Price
Apr 18, 2024 Price Decreased $319,900
↓ $5K (1.5%)
Price Decreased
Mar 29, 2024 Listed by River City Land Company $324,900
Listed by River City Land Company
Jul 10, 2017 Sold to Jared R White, Kimberli White $190,000
Sold to Jared R White, Kimberli White

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,821
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,537
  • Gross Building Area: 1,537
  • Building Area: 1,537
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,537
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: UNIVERSITY PARK
  • Land Acres: 0.18
  • Legal Description 1: NS TUTWILER

Ownership

  • Current Owner : WHITE JARED R
  • Current Owner 2: WHITE KIMBERLI
  • Previous Owner : INVESTOR NATION LLC
  • Owner Before Previous Owner: STEVE KAPLAN
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001700

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MB 43-68
  • District: O
  • Parcel: 03-6021-0-0010
  • Block: 11
  • Lot: 9
  • Municipality: MEMPHIS
  • Latitude: 35.1557
  • Longitude: -90.0067

    Address

  • Full Address: 1556 Tutwiler Ave
  • Address - House Number: 1556
  • Address - Street Name: Tutwiler
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C094
  • 4-Digit Zip Code: 4928
  • Zip Code: 38107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,946

    Appraisal Valuation

  • Standard Deviation: 0.2517
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 64
  • Final Value: 240,308
  • High Value: 300,806
  • Low Value: 179,811

    Market Valuation

  • Market Total Value: $120,900
  • Market Land Value: $31,300
  • Market Improvement Value: $89,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,360
  • Assessed Land Value: $12,520
  • Assessed Improvements Value: $35,840

    Sales

  • Current Sale Contract Date: Jun 26, 2017
  • Current Sale Recording Date: Jul 10, 2017
  • Current Sale Transaction ID: 1589651934
  • Current Sale Price: $190,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 17068915
  • Previous Sale Recording Date: Jan 30, 2015
  • Previous Sale Contract Date: Jan 28, 2014
  • Previous Sale Amount: $26,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICAN FORK
  • First Mortgage Transaction Date: Jul 10, 2017
  • First Mortgage Loan Amount: $142,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Jul 01, 2047

    Financing

  • First Mortgage Financing Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
-
$290,000 Mar 1, 2024
-
$316/mo
House
3 Beds
1.5 Baths
-
$320,000 Mar 15, 2024
-
$343/mo
House
3 Beds
2 Baths
-
$309,000 Mar 15, 2024
-
$337/mo
House
3 Beds
2 Baths
-
$305,000 Mar 29, 2024
-
$287/mo
In Contract
House
3 Beds
2 Baths
-
$369,500 Feb 25, 2024
-
$416/mo
House
3 Beds
2.5 Baths
-
$368,000 Aug 12, 2023
-
$423/mo
Townhouse
3 Beds
2 Baths
-
$286,500 Aug 17, 2023
-
$262/mo
House
4 Beds
3 Baths
-
$279,900 Aug 17, 2023
-
$582/mo
Multifamily
4 Beds
4 Baths
-
$299,900 Mar 3, 2024
-
$265/mo

About Midtown


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Nearby Rentals

Unit for rent at 1552 Tutwiler, Memphis, TN, 38107

$1,075 /mo

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  • 1 Bath
1552 Tutwiler #1554, Memphis, TN, 38107 Listing by Becca Dickerson
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  • 2 Beds
  • 1.5 Baths
  • 763 ft²
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Unit for rent at 1218 Coker Street, Memphis, TN, 38107

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  • 3 Beds
  • 1 Bath
  • 1,020 ft²
1218 Coker Street, Memphis, TN, 38107 Listing by Manager


Frequently Asked Questions

When was property at 1556 Tutwiler Avenue built and last sold?
The property at 1556 Tutwiler Avenue was built in 1925 and last sold on Jun 26, 2017 for $190,000.
How much is this home worth?
The estimated value of the home located at 1556 Tutwiler Avenue is $328,149.
What are some comparable homes to 1556 Tutwiler Avenue?
Homes that are comparable to 1556 Tutwiler Avenue include a house property at 464 North Willett Street, 411 Dickinson Street, 766 North Evergreen Street.

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