See Home Value
$233,534*
House - Off Market

1940 FELIX

Memphis, TN 38104
bedrooms
3 Beds
bathrooms
2 Baths
$212,000 - $258,000
Reference Base Price*
-0.62%
Since Oct 1, 2023
National-US
Primary Model
Sold May 11, 2022
$203,000
$176,250 by Pennymac Loan Services Llc
Mortgage Due Mar 01, 2053
Sold May 09, 2008
$95,500
$71,625 by Amtrust Bank
Mortgage Due May 01, 2038

About This Property

2 Properties for the Price of 1!!  Front house is 2 bedroom 1 bath - and there is also separate house in the back w/1 bedroom 1/bath that is currently rented for $650.  Rare opportunity for a house plus income immediately. Have you been wondering about Airbnb opportunity? (House would rent for $1200+) Hardwood floors, large rooms, fenced back yard for privacy from the rental, large front porch. Come check it out!
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$193
HOA Dues
-
Year Built
1909

Price History

Date / Event Date Event Price
Sep 3, 2023 No longer available -
No longer available
Aug 23, 2023 Price Decreased $235,000
↓ $2K (0.8%)
Price Decreased
Aug 17, 2023 Relisted $237,000
Relisted
Aug 8, 2023 In contract -
In contract
Jul 27, 2023 Listed $237,000
Listed
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 1909
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Other
  • Exterior Walls Type: Asbestos shingle
  • 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: 7,300
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,144
  • Gross Building Area: 1,144
  • Building Area: 1,144
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,144
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCLAUGHLIN
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS FELIX

Ownership

  • Current Owner : DEER CREEK LLC
  • Previous Owner : ERICH SCHROEDER
  • Owner Before Previous Owner: BURKE JULES MATT
  • Owner Before Previous Owner 2: BURKE CHARLOTTE G
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 006300

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 5-72&73
  • District: O
  • Parcel: 03-1122-0-0054
  • Lot: 96
  • Municipality: MEMPHIS
  • Latitude: 35.119
  • Longitude: -89.9976

    Address

  • Full Address: 1940 Felix Ave
  • Address - House Number: 1940
  • Address - Street Name: Felix
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C037
  • 4-Digit Zip Code: 5615
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,312

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 89
  • Final Value: 234,230
  • High Value: 259,759
  • Low Value: 208,701

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,250
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Feb 15, 2023
  • First Open Lien Mortgage Loan Amount: $176,250
  • 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: Mar 01, 2053

    Market Valuation

  • Market Total Value: $151,800
  • Market Land Value: $44,300
  • Market Improvement Value: $107,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $37,950
  • Assessed Land Value: $11,075
  • Assessed Improvements Value: $26,875

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: May 11, 2022
  • Current Sale Transaction ID: 11887374728
  • Current Sale Price: $203,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 53056
  • Previous Sale Recording Date: May 09, 2008
  • Previous Sale Contract Date: Apr 17, 2008
  • Previous Sale Amount: $95,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: AMTRUST BANK
  • Previous Mortgage Transaction Date: May 09, 2008
  • Previous Mortgage Loan Amount: $71,625
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2038



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$269,500 Aug 12, 2021
$269,500 Oct 13, 2021
$293/mo
House
3 Beds
2 Baths
-
$240,000 Jul 11, 2023
-
-
House
3 Beds
1.5 Baths
-
$230,900 Aug 7, 2023
-
$119/mo
House
3 Beds
2 Baths
-
$250,000 Aug 11, 2023
-
$296/mo
House
3 Beds
1 Bath
-
$220,000 Aug 18, 2023
-
$261/mo
House
2 Beds
2 Baths
-
$244,900 Jun 10, 2023
-
$199/mo
House
2 Beds
1 Bath
-
$249,000 May 25, 2023
-
$307/mo
House
2 Beds
1 Bath
-
$219,000 Aug 11, 2023
-
$280/mo
House
2 Beds
1 Bath
-
$200,000 Jul 27, 2023
-
$193/mo
Townhouse
2 Beds
1 Bath
-
$200,000 Jun 5, 2023
-
$197/mo

About Depot Planning District


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Frequently Asked Questions

When was property at 1940 Felix Avenue built and last sold?
The property at 1940 Felix Avenue was built in 1909 and last sold on May 3, 2022 for $203,000.
How much is this home worth?
The estimated value of the home located at 1940 Felix Avenue is $239,370.
What are some comparable homes to 1940 Felix Avenue?
Homes that are comparable to 1940 Felix Avenue include a house property at 1062 Rozelle Street, 1857 Foster Avenue, 1051 Philadelphia Street.

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