See Home Value
$107,000 - $129,000
House - Off Market

2561 TUTWILER

Memphis, TN 38112
bedrooms
2 Beds
bathrooms
1 Bath
Sold Sep 15, 2023
$55,250
Sold May 15, 2019
$26,900

About This Property

Great starter home or rental investment in up and coming Binghamton district! Only a block from the Broad Ave. Arts and Entertainment district. Walk to the Cove or Overton Park! You won't find a move in ready turnkey property for this price anywhere in Midtown. Bring any and all offers, owner motivated! Continue to show!
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1950

Price History

Date / Event Date Event Price
Apr 21, 2024 No longer available -
No longer available
Mar 15, 2024 In contract -
In contract
Mar 4, 2024 Listed $118,900
Listed
Mar 3, 2024 No longer available -
No longer available
Feb 8, 2024 Price Decreased $119,900
↓ $5K (4%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 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: 8,300
  • Lot Size Depth Feet: 1,660
  • Lot Size Frontage Feet: 500
  • Total Building Area: 817
  • Gross Building Area: 817
  • Building Area: 817
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 817
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMER AVENUE HEIGHTS
  • Land Acres: 0.191
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT ALLEY SS TUTWILER

Ownership

  • Current Owner : GARCIA JOSE MANUEL
  • Previous Owner : SCHWARTZ JAY
  • Owner Before Previous Owner: MURLIN CAPITAL LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001500

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 05-2035-0-0009
  • Lot: 40
  • Municipality: MEMPHIS
  • Latitude: 35.1521
  • Longitude: -89.9733

    Address

  • Full Address: 2561 Tutwiler Ave
  • Address - House Number: 2561
  • Address - Street Name: Tutwiler
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C076
  • 4-Digit Zip Code: 2205
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $359
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 89
  • Final Value: 71,438
  • High Value: 79,225
  • Low Value: 63,652

    Market Valuation

  • Market Total Value: $23,600
  • Market Land Value: $4,000
  • Market Improvement Value: $19,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,900
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $4,900

    Sales

  • Current Sale Contract Date: Sep 05, 2023
  • Current Sale Recording Date: Sep 15, 2023
  • Current Sale Transaction ID: 11913124849
  • Current Sale Price: $55,250
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 78390
  • Previous Sale Recording Date: May 15, 2019
  • Previous Sale Contract Date: May 14, 2019
  • Previous Sale Amount: $26,900
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$128,000 Nov 27, 2023
-
$37/mo
House
2 Beds
1 Bath
-
$100,000 Mar 16, 2024
-
$48/mo
House
3 Beds
1 Bath
-
$129,000 Mar 18, 2024
-
$119/mo
House
5 Beds
2 Baths
-
$110,000 Feb 5, 2024
-
$320/mo
House
3 Beds
1 Bath
-
$135,000 Mar 1, 2024
-
$75/mo

About Jackson - University Area


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Frequently Asked Questions

When was property at 2561 Tutwiler Avenue built and last sold?
The property at 2561 Tutwiler Avenue was built in 1950 and last sold on Sep 5, 2023 for $55,250.
How much is this home worth?
The estimated value of the home located at 2561 Tutwiler Avenue is $120,089.
What are some comparable homes to 2561 Tutwiler Avenue?
There are currently no comparable homes to 2561 Tutwiler Avenue.

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