Check Availability
$125,000
↓ $5K (3.8%)
House - For Sale

2197 CLAYTON

Memphis, TN 38108
bedrooms
2 Beds
bathrooms
2 Baths
$1,012
Estimated Monthly
$0
HOA / Fees
11.08%
Cap Rate

About This Property

Investors Only. Don't disturb tenants! Rehabbed Home. Rent is $1000/mo. Lease ends on 7/31/2024. Multiple properties, bulk sale preferred (may sell individually). Multiple properties recently rehabbed guaranteed rent. Addresses are: 1328 Lambert, 523 Vaughn Rd, 2197 Clayton, 3135 Woodrow St, 804 Keel Ave,  2140 Piedmont Ave. Tenant occupied. Do not disturb tenants. Some of these properties are rented Section 8 & have guaranteed rent in place!
Unit Size
-
Days on Market
301 days
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1925
Listed By
Tyler Tapley
Crye-Leike, Inc., REALTORS
Last updated: 2 months ago (MAARTN #10151968)

Price History

Date / Event Date Event Price
Apr 6, 2024 Price Decreased $125,000
↓ $5K (3.9%)
Price Decreased
Nov 13, 2023 Price Increased $130,000
↑ $15K (13%)
Price Increased
Jul 11, 2023 Listed by Crye-Leike Realtors $115,000
Listed by Crye-Leike Realtors
Feb 1, 2023 Listed by Crye-Leike $117,000
Listed by Crye-Leike
For more information, contact Tyler Tapley at (901) 871-1290. Visit http://www.crye-leike.com/memphis/10141318 to view more pictures of this property. Rehabbed Home for sale! Rent is $846! Seller has multiple properties for sale & would prefer to sell in bulk (may sellindividually). Multiple properties recently rehabbed & section 8 tenants (guaranteed rent in place). Don't disturb tenants. Addresses are: 1917 FARRINGTON,1033 KNEY, 803 N. DUNLAP, 1612 MAY,894 N. DUNLAP, 804 KEEL…
May 2, 2022 Sold $55,100
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Floor Count: 1
  • Basement Area: 0
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 938
  • Gross Building Area: 938
  • Building Area: 938
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 938
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: HYDE PARK
  • Land Acres: 0.11
  • Legal Description 1: SS CLAYTON

Ownership

  • Current Owner : WILLANGAVA PROPERTIES LLC
  • Previous Owner : DAVITO ROSS
  • Owner Before Previous Owner: KIRK LUCILLE CHALMERS WILSON
  • Owner Before Previous Owner 2: SMITH GLORIA JEAN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 000600

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 04-1050-0-0003
  • Block: D
  • Lot: 71
  • Municipality: MEMPHIS
  • Latitude: 35.1767
  • Longitude: -89.9839

    Address

  • Full Address: 2197 Clayton Ave
  • Address - House Number: 2197
  • Address - Street Name: Clayton
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C031
  • 4-Digit Zip Code: 1416
  • Zip Code: 38108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $393
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2594
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 54,122
  • High Value: 68,164
  • Low Value: 40,081

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $10,430
  • First Open Lien Mortgage Lender: COMMUNITY BANK OF MISSISSIPPI
  • First Open Lien Mortgage Recording Date: Sep 08, 2022
  • First Open Lien Mortgage Loan Amount: $10,430
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Aug 25, 2027

    Market Valuation

  • Market Total Value: $25,800
  • Market Land Value: $3,800
  • Market Improvement Value: $22,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $6,450
  • Assessed Land Value: $950
  • Assessed Improvements Value: $5,500

    Sales

  • Current Sale Contract Date: Apr 21, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Transaction ID: 11887279964
  • Current Sale Price: $55,100
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 49871
  • Previous Sale Recording Date: Oct 15, 1996
  • Previous Sale Contract Date: Oct 04, 1996
  • Previous Sale Amount: $8,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: KIAVI FUNDING INC
  • First Mortgage Transaction Date: May 02, 2022
  • First Mortgage Loan Amount: $95,800
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: May 01, 2023

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
-
$100,000 Jul 11, 2023
-
$279/mo
House
3 Beds
1 Bath
-
$120,000 Jul 11, 2023
-
$36/mo
House
3 Beds
2 Baths
-
$120,000 Sep 6, 2023
-
$36/mo

About Hollywood-Hyde Park-Springdale


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Frequently Asked Questions

When was property at 2197 Clayton Avenue built and last sold?
The property at 2197 Clayton Avenue was built in 1925 and last sold on Apr 21, 2022 for $55,100.
How much is this home worth?
The estimated value of the home located at 2197 Clayton Avenue is $116,150.
What are some comparable homes to 2197 Clayton Avenue?
Homes that are comparable to 2197 Clayton Avenue include a house property at 1328 Lambert Street, 1436 Austin Street, 2115 Clarksdale Avenue.

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