When was property at 253 West Norwood Avenue built and last sold?

The property at 253 West Norwood Avenue was built in 1950 and last sold on Apr 26, 2022 for $96,400.

How much is this home worth?

The estimated value of the home located at 253 West Norwood Avenue is $30,199.

What are some comparable homes to 253 West Norwood Avenue?

There are currently no comparable homes to 253 West Norwood Avenue.

Memphis

38109

Riverview

253 W NORWOOD

1 / 1

Map

$34,557*

● House - Off Market

253 W NORWOOD

Memphis, TN 38109

2 Beds

1 Bath

$20,000 - $30,000

Reference Base Price*

15.58%

Since Aug 1, 2021

National-US

Primary Model

Sold May 19, 2022

$96,400

Pratt-ericsen Trust

Buyer

Mid South Home Buyers Gp

Seller

Sold Aug 17, 2021

$25,000

Mid South Home Buyers Gp

Buyer

Valnick Enterprise Llc

Seller

About This Property

Investor Alert! Income producing rental home with long term tenant paying $400/month. Tenant occupied with tenant rights. DO NOT DISTURB TENANT. No showings without accepted contract.

Unit Size

Days on Market

Land Size

0.17 acres

Price per sqft

Property Type

House

Property Taxes

$307

HOA Dues

Year Built

1950

Price History

Date / Event	Date	Event
May 19, 2022	Sold	$96,400
Sold
Jul 19, 2021	No longer available	-
No longer available
Jul 8, 2021	Listed	$29,900
Listed
Aug 22, 2020	No longer available	-
No longer available
Dec 2, 2019	Listed	$18,000
Listed

	Investor Alert! Income producing rental home with long term tenant paying $400/month. Tenant occupied with tenant rights. DO NOT DISTURB TENANT. No showings without accepted contract. Portfolio of 3 properties total can be purchased at a discount. Other properties include: 3491 Boxtown (MLS 10067056) and 746 Whitehaven (MLS 10067036).
Aug 13, 2018	No longer available	-
No longer available
Jun 20, 2018	Relisted	$12,000
Relisted
Jul 30, 2017	Listed	$12,000
Listed

	Great opportunity for investors, looking to purchase property with renters already living in it. Some renovation will be made, and a home 1 year home warranty is offered to this home on a quiet street. Listing Agent office holds earnest money. Looking to close soon. All types of sales welcome: Cash, VA, FHA. Bring your best offer.

Property Highlights

Building Info

Overview

General

Year Built: 1950

Effective Year Built: 1950
Building Count: 1
Total Rooms: 4
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Bathroom Plumbing Fixtures: 3
Building Condition: Poor
Building Quality: C
Construction Type: Frame
Building Style: Traditional
Roof Shape Type: Gable
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: 7,500

Lot Size Depth Feet: 1,500
Lot Size Frontage Feet: 500
Total Building Area: 720
Gross Building Area: 720
Building Area: 720
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: Unsure

Heating: Yes
Heated Square Feet: 720
Heating Fuel Type: Gas

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: Residential

Subdivision: RIVERSIDE PARK
Land Acres: 0.172
Standard Land Use Code: Single family residential
Legal Description 1: SS WEST NORWOOD

Ownership

Current Owner : PRATT-ERICSEN TRUST

Previous Owner : MID SOUTH HOME BUYERS GP
Owner Before Previous Owner: VALNICK ENTERPRISE LLC
Ownership Rights Codes: Trustee/Conservator
Current Owner Is a Corporation Indicator: Yes

Neighborhood

School District Name: Shelby County School District

Census Tract: 005300

Zoning

Zoning: R-6

Geography

District: O

Parcel: 05-0009-0-0006
Lot: 158
Municipality: MEMPHIS
Latitude: 35.0916
Longitude: -90.0713

Address

Full Address: 253 W Norwood Ave

Address - House Number: 253
Street Direction: W
Address - Street Name: Norwood
Address - Suffix Type: Ave
State: TN
City Name: Memphis
Carrier Code: C083
4-Digit Zip Code: 7812
Zip Code: 38109

Valuation

Tax

Tax Year: 2023

Tax Amount: $568
Intital Tax Deliquent Year: 2022

Appraisal Valuation

Standard Deviation: 0.2654

Valuation Date: Jan 17, 2024
Confidence Score: 62
Final Value: 79,422
High Value: 100,500
Low Value: 58,343

Market Valuation

Market Total Value: $20,300

Market Land Value: $3,500
Market Improvement Value: $16,800

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $5,075
Assessed Land Value: $875
Assessed Improvements Value: $4,200

Sales

Current Sale Contract Date: Apr 26, 2022

Current Sale Recording Date: May 19, 2022
Current Sale Transaction ID: 11888030094
Current Sale Price: $96,400
Current Sale Document Type: Warranty Deed
Current Sale Input Document Number: 57004
Previous Sale Recording Date: Aug 17, 2021
Previous Sale Contract Date: Aug 02, 2021
Previous Sale Amount: $25,000
Previous Sale Document Type: Warranty Deed

Redact Ownership Info

Comparables

About South Memphis Planning Dist

Stats & Trends

Median Asking:

$91,900

Sale Price/ft²

$41

Below Asking

0.05%

Average Days on Market

Average Home Size

7 ft²

Average Home Age

74.4 years

Currently For Sale

70 Listings

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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1.5 Baths

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$900 /mo

2 Beds
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800 ft²

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Unit for rent at 1025 S. Wellington St. Unit #2, Memphis, TN, 38126

$695 /mo

2 Beds
1 Bath

1025 S. Wellington St. Unit #2 #1025 S. Wellington St. Unit #2, Memphis, TN, 38126 Listing by Manager

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253 W NORWOOD

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About South Memphis Planning Dist

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions