See Home Value
$163,971*
House - Off Market

1978 SOUTHERN

Memphis, TN 38114
bedrooms
3 Beds
bathrooms
1.5 Baths, 1 Half Bath
$149,000 - $181,000
Reference Base Price*
-0.62%
Since Oct 1, 2023
National-US
Primary Model
Sold Oct 24, 2023
$155,000
$150,233 by Simmons Bank
Mortgage Due Nov 01, 2053
Sold Feb 20, 2019
$54,200

About This Property

Sweet, cozy, cheerful 3 bdrm/1.5 ba house in dynamic Cooper Young. Heart pine hdwd flrs, central heat & air, sunny fncd backyard, fr porch, laundry rm, all new 1/2 bath, renov'd full bathroom, off street parking. Newer roof, windows & alarm system, attic insulated, ceiling fans. Appliances stay. VERY affordable. Short walk to all restaurants & shopping. Must see!
Unit Size
-
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
1922

Price History

Date / Event Date Event Price
Oct 24, 2023 Sold to Nancy Caroline Allen $155,000
Sold to Nancy Caroline Allen
Sep 1, 2023 No longer available -
No longer available
Aug 17, 2023 In contract -
In contract
Aug 6, 2023 Price Decreased $165,000
↓ $10K (5.7%)
Price Decreased
Jul 6, 2023 Listed $175,000
Listed
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 4,600
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,196
  • Gross Building Area: 1,196
  • Building Area: 1,196
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 1,196
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCLAUGHLIN
  • Land Acres: 0.106
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS SOUTHERN

Ownership

  • Current Owner : ALLEN NANCY CAROLINE
  • Previous Owner : TROUT ALICJA
  • Owner Before Previous Owner: PEAK PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

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: 03-1115-0-0026
  • Lot: PT212
  • Municipality: MEMPHIS
  • Latitude: 35.1164
  • Longitude: -89.9963

    Address

  • Full Address: 1978 Southern Ave
  • Address - House Number: 1978
  • Address - Street Name: Southern
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C060
  • 4-Digit Zip Code: 1753
  • Zip Code: 38114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,735

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 62,420
  • High Value: 90,809
  • Low Value: 34,030

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $165,233
  • First Open Lien Mortgage Lender: SIMMONS BANK
  • First Open Lien Mortgage Recording Date: Oct 24, 2023
  • First Open Lien Mortgage Loan Amount: $150,233
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053
  • Second Open Lien Mortgage Recording Date: Oct 24, 2023
  • Second Open Lien Mortgage Loan Amount: $15,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $113,900
  • Market Land Value: $41,100
  • Market Improvement Value: $72,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,475
  • Assessed Land Value: $10,275
  • Assessed Improvements Value: $18,200

    Sales

  • Current Sale Contract Date: Oct 11, 2023
  • Current Sale Recording Date: Oct 24, 2023
  • Current Sale Transaction ID: 11915072046
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 90931
  • Previous Sale Recording Date: Feb 20, 2019
  • Previous Sale Contract Date: Feb 15, 2019
  • Previous Sale Amount: $54,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIMMONS BANK
  • First Mortgage Transaction Date: Oct 24, 2023
  • First Mortgage Loan Amount: $150,233
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2053
  • Second Mortgage Transaction Date: Oct 24, 2023
  • Second Mortgage Loan Amount: $15,000
  • Second Mortgage Terms: 5
  • Second Mortgage Loan Due Date: Oct 10, 2028



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
House
3 Beds
1 Bath
-
$175,000 Jun 11, 2023
-
$114/mo
House
3 Beds
2 Baths
-
$185,000 Aug 6, 2023
-
$215/mo
House
4 Beds
3 Baths
-
$155,000 Jun 6, 2023
-
$44/mo
Land
Loft
-
-
$165,000 Oct 26, 2022
-
$490/mo

About Depot Planning District


Similar Homes for Sale

Unit for sale at 883 South Barksdale Street, Memphis, TN 38114

$165,000

  • Land
883 South Barksdale Street, Memphis, TN 38114 Listing by Shelby Harris
Unit for sale at 2107 Worthing Lane, Memphis, TN 38114

$155,000

  • 4 Beds
  • 3 Baths
2107 Worthing Lane, Memphis, TN 38114 Listing by Kimberly Ray
Unit for sale at 1073 Bruce Street, Memphis, TN 38104

$185,000

  • 3 Beds
  • 2 Baths
1073 Bruce Street, Memphis, TN 38104 Listing by Ashley Tinker

Nearby Rentals

Unit for rent at 42 N Belvedere, Memphis, TN, 38104

$1,250 /mo

  • 2 Beds
  • 1 Bath
42 N Belvedere, Memphis, TN, 38104 Listing by Tamara Reed
Unit for rent at 216 N Hollywood, Memphis, TN, 38112

$1,350 /mo

  • 3 Beds
  • 1.5 Baths
216 N Hollywood, Memphis, TN, 38112 Listing by Timothy Smith
Unit for rent at 775 Melrose Street, Memphis, TN, 38104

$1,399 /mo

  • 1 Bed
  • 1 Bath
  • 780 ft²
775 Melrose Street #775 Melrose Street, Memphis, TN, 38104 Listing by Manager


Frequently Asked Questions

When was property at 1978 Southern Avenue built and last sold?
The property at 1978 Southern Avenue was built in 1922 and last sold on Oct 11, 2023 for $155,000.
How much is this home worth?
The estimated value of the home located at 1978 Southern Avenue is $176,750.
What are some comparable homes to 1978 Southern Avenue?
Homes that are comparable to 1978 Southern Avenue include a house property at 1023 Oakview Street, 1825 Glenview Avenue, 1073 Bruce Street.

Quantcast