When was property at 227 South Reese Street built and last sold?

The property at 227 South Reese Street was built in 1939 and last sold on Jun 14, 2019 for $190,000.

How much is this home worth?

The estimated value of the home located at 227 South Reese Street is $227,149.

What are some comparable homes to 227 South Reese Street?

Homes that are comparable to 227 South Reese Street include a house property at 230 Marne Street , a townhouse property at 3512 Midland Avenue , 3516 Midland Avenue .

Memphis

38111

Joffre

227 S REESE

1 / 16

Map

$224,900

● House - For Sale

227 S REESE

Memphis, TN 38111

2 Beds

1 Bath

$1,357

Estimated Monthly

HOA / Fees

3.99%

Cap Rate

About This Property

Charm and quality from another era abounds from the exterior English styling to the light-filled interior 2BR, 1 Renovated Bath! 9' Smooth Ceilings! Hardwoods! Living Room w/Fireplace (current owner never used)! Flex Room off Living Room could be office, study, etc. Recessed lighting in LR & Kitchen w/15 Cabinets! Newer driveway and patio. Stackable Washer/Dryer & Refrigerator. Covered Patio.

Unit Size

Days on Market

17 days

Land Size

0.19 acres

Price per sqft

Property Type

House

Property Taxes

$252

HOA Dues

Year Built

1939

Listed By

Hugh Mallory

[email protected]

Marx-Bensdorf, REALTORS

Last updated: 16 days ago (MAARTN #10169922)

Price History

Date / Event	Date	Event
Apr 12, 2024	Listed by Marx & Bensdorf Real Estate & Investment Co.	$224,900
Listed by Marx & Bensdorf Real Estate & Investment Co.
Jun 24, 2019	Sold to Claire E Hays	$190,000
Sold to Claire E Hays
Jun 19, 2019	No longer available	-
No longer available
Apr 15, 2019	Listed by Marx & Bensdorf Real Estate & Investment Co.	$188,900
Listed by Marx & Bensdorf Real Estate & Investment Co.

Property Highlights

Fireplace

Air Conditioning

Interior Details

Fireplace Information

Fireplace

Building Info

Overview

General

Year Built: 1939

Effective Year Built: 1939
Building Count: 1
Total Rooms: 6
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: 180
Parking Space Count: 4

Dimensions

Lot Size Square Feet: 8,400

Lot Size Depth Feet: 1,400
Lot Size Frontage Feet: 600
Total Building Area: 1,282
Gross Building Area: 1,282
Building Area: 1,102
Building Area Measurement: unknown

Heating and Cooling

Fireplace Count: 1

Air Conditioning: unknown
Heating: unknown
Heated Square Feet: 1,102
Heating Fuel Type: unknown

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: unknown

Subdivision: CENTRAL POPLAR
Land Acres: 0.193
Legal Description 1: AND N PT 145 WS REESE

Ownership

Current Owner : HAYS CLAIRE E

Previous Owner : HISE JOHN H
Owner Before Previous Owner: HILL MARGARET
Owner Before Previous Owner 2: HILL JOHN P
Is Owner Occupied: unknown

Neighborhood

School District Name: Shelby County School District

Census Tract: 007200

Zoning

Zoning: R-6

Geography

District: O

Parcel: 04-5100-0-0009
Lot: PT144
Municipality: MEMPHIS
Latitude: 35.1256
Longitude: -89.9501

Address

Full Address: 227 S Reese St

Address - House Number: 227
Street Direction: S
Address - Street Name: Reese
Address - Suffix Type: St
State: TN
City Name: Memphis
Carrier Code: C097
4-Digit Zip Code: 4516
Zip Code: 38111

Valuation

Tax

Tax Year: 2023

Tax Amount: $3,023

Appraisal Valuation

Standard Deviation: 0.2416

Valuation Date: Jan 17, 2024
Confidence Score: 66
Final Value: 265,649
High Value: 329,850
Low Value: 201,448

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $194,000
First Open Lien Mortgage Lender: PARAGON BANK
First Open Lien Mortgage Recording Date: Jun 24, 2019
First Open Lien Mortgage Financing Type: unknown
First Open Lien Mortgage Loan Amount: $194,000
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: unknown
First Open Lien Mortgage Loan Due Date: Jul 01, 2049

Market Valuation

Market Total Value: $198,500

Market Land Value: $37,300
Market Improvement Value: $161,200

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $49,625
Assessed Land Value: $9,325
Assessed Improvements Value: $40,300

Sales

Current Sale Contract Date: Jun 14, 2019

Current Sale Recording Date: Jun 24, 2019
Current Sale Transaction ID: 11619802359
Current Sale Price: $190,000
Current Sale Document Type: unknown
Current Sale Input Document Number: 201906240061674
Previous Sale Recording Date: Jul 19, 2007
Previous Sale Contract Date: Jun 27, 2007
Previous Sale Amount: $139,000
Previous Sale Document Type: unknown

Last Sale Mortgage

First Mortgage Lender: PARAGON BANK

First Mortgage Transaction Date: Jun 24, 2019
First Mortgage Loan Amount: $194,000
First Mortgage Terms: 360
First Mortgage Loan Type: unknown
First Mortgage Loan Due Date: Jul 01, 2049

Financing

First Mortgage Financing Type: unknown

Previous Mortgages

Previous Mortgage Lender: BANCORPSOUTH BANK

Previous Mortgage Transaction Date: Jul 19, 2007
Previous Mortgage Loan Amount: $139,000
Previous Mortgage Term: 360
Previous Mortgage Loan Type: unknown
Previous Mortgage Loan Due Date: Jul 01, 2037

Redact Ownership Info

Comparables

510 South Greer Street

In Contract

House

2 Beds

1 Bath

$247,500 Apr 5, 2024

$259/mo

230 Marne Street

Active

House

2 Beds

1 Bath

$219,900 Feb 23, 2024

$186/mo

3512 Midland Avenue

Active

Townhouse

2 Beds

2.5 Baths

$255,000 Aug 24, 2023

$169/mo

3516 Midland Avenue

Active

Townhouse

2 Beds

2.5 Baths

$255,000 Aug 24, 2023

$175/mo

139 South Greer Street

Active

House

3 Beds

2 Baths

$257,999 Mar 7, 2024

$370/mo

205 South Reese Street

In Contract

House

3 Beds

1 Bath

$257,500 Jan 27, 2023

3545 Walnut Grove Road

Active

Land

Loft

$229,000 Oct 14, 2023

$420/mo

0 South Highland Street

Active

Land

Loft

$199,000 Jul 27, 2023

$134/mo

3553 Walnut Grove Road #LOT2

Active

Land

Loft

$199,000 Oct 14, 2023

About Jackson - University Area

Stats & Trends

Median Asking:

$202,450

Sale Price/ft²

$153

Below Asking

0.03%

Average Days on Market

Average Home Size

17 ft²

Average Home Age

72.3 years

Currently For Sale

103 Listings

Similar Homes for Sale

Unit for sale at 3553 Walnut Grove Road, Memphis, TN 38111

$199,000

Land

3553 Walnut Grove Road #LOT2, Memphis, TN 38111 Listing by Jay Wood

Unit for sale at 0 South Highland Street, Memphis, TN 38111

$199,000

Land

0 South Highland Street, Memphis, TN 38111 Listing by Yu Cai

Unit for sale at 3545 Walnut Grove Road, Memphis, TN 38111

$229,000

Land

3545 Walnut Grove Road, Memphis, TN 38111 Listing by Jay Wood

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View Original Listing by Marx & Bensdorf Real Estate & Investment Co. (901) 682-1868
ARTN-10169922 Copyright © 2024 Memphis Area Association of Realtors ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Listing Status: Active

Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.

227 S REESE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Jackson - University Area

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions