See Home Value
$219,422*
House - Off Market

2573 SELMAN

Memphis, TN 38112
bedrooms
3 Beds
bathrooms
2 Baths
$189,000 - $231,000
Reference Base Price*
4.49%
Since Mar 1, 2023
National-US
Primary Model
Sold Mar 13, 2023
$210,000
$214,830 by Mortgage Research Center, Llc
Mortgage Due Mar 01, 2053
Sold Feb 23, 2004
$7,509

About This Property

This is a unique opportunity to buy a beautifully renovated midtown bungalow that has been completely modernized: new roof, A/C, and even completely new electrical system and plumbing! Replete with fine finishes such as granite countertops and porcelain tile, as well as a completely fenced back yard, this home won't last long. Only blocks from Overton Park and Rhodes College, as well as the Broad Ave Arts District.  Schedule a showing today!
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1926

Price History

Date / Event Date Event Price
Mar 13, 2023 Sold to Marvin K Walls $210,000
Sold to Marvin K Walls
Feb 23, 2023 No longer available -
No longer available
Jan 24, 2023 In contract -
In contract
Dec 1, 2022 Price Decreased $210,000
↓ $5K (2.3%)
Price Decreased
Nov 14, 2022 Listed $215,000
Listed
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Poor
  • Building Quality: D
  • Building Style: Bungalow
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 100
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,404
  • Gross Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 1,404
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CASTLE & RAWLINGS
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS SELMAN

Ownership

  • Current Owner : WALLS MARVIN K
  • Previous Owner : CLARK BREANNA
  • Owner Before Previous Owner: ELLIS JONATHAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 05-2034-0-0011
  • Lot: W14
  • Municipality: MEMPHIS
  • Latitude: 35.1532
  • Longitude: -89.9728

    Address

  • Full Address: 2573 Selman Ave
  • Address - House Number: 2573
  • Address - Street Name: Selman
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C076
  • 4-Digit Zip Code: 2203
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,094
  • Intital Tax Deliquent Year: 2013

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 215,461
  • High Value: 264,005
  • Low Value: 166,916

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $214,830
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Open Lien Mortgage Recording Date: Mar 13, 2023
  • First Open Lien Mortgage Loan Amount: $214,830
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2053

    Market Valuation

  • Market Total Value: $21,400
  • Market Land Value: $4,000
  • Market Improvement Value: $17,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,350
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $4,350

    Sales

  • Current Sale Contract Date: Feb 27, 2023
  • Current Sale Recording Date: Mar 13, 2023
  • Current Sale Transaction ID: 11903501157
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19385
  • Previous Sale Recording Date: Feb 23, 2004
  • Previous Sale Contract Date: Feb 05, 2004
  • Previous Sale Amount: $7,509
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Mortgage Transaction Date: Mar 13, 2023
  • First Mortgage Loan Amount: $214,830
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$178,900 Jun 2, 2022
-
$55/mo
House
3 Beds
1 Bath
-
$175,000 May 25, 2022
-
$85/mo

About Jackson - University Area


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Frequently Asked Questions

When was property at 2573 Selman Avenue built and last sold?
The property at 2573 Selman Avenue was built in 1926 and last sold on Feb 27, 2023 for $210,000.
How much is this home worth?
The estimated value of the home located at 2573 Selman Avenue is $212,100.
What are some comparable homes to 2573 Selman Avenue?
There are currently no comparable homes to 2573 Selman Avenue.

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