See Home Value
$373,959*
House - Off Market

351 S REESE ST

Memphis, TN 38111
bedrooms
2 Beds
bathrooms
2 Baths
$225,000 - $275,000
Reference Base Price*
49.58%
Since Apr 1, 2019
National-US
Primary Model
Sold Mar 18, 2019
$250,000
Sold Nov 02, 2011
$122,100
$119,004 by Mortgage Investors Group Inc
Mortgage Due Nov 01, 2041

About This Property

For more information, contact Ruth McGruder at . Visit http://www.crye-leike.com/memphis/10045632 to view more pictures of this property. ***OPEN HOUSE SUNDAY, FEBRUARY 10, 2019, 2:00 - 4:00*** A Must See!  Absolutely Fabulous!  Lots of Charm and Character!  Great House in a Great Area!  Updated kitchen with granite, tile, built ins with new appliances and new shower in Master Bath.  Separate LR, DR, Den, Breakfast Rm and Office with hardwood throughout.  Exterior completely painted 2018 and roof is 8 years old.
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1942

Price History

Date / Event Date Event Price
Mar 17, 2019 No longer available -
No longer available
Feb 8, 2019 Listed $250,000
Listed

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Bungalow
  • 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
  • Garage Type: Detached
  • Garage Square Area: 180
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,850
  • Lot Size Depth Feet: 1,970
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,790
  • Gross Building Area: 1,790
  • Building Area: 1,790
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,790
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRY CLUB
  • Land Acres: 0.226
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS REESE

Ownership

  • Current Owner : BECRAFT JONATHAN S
  • Previous Owner : WILLIAMSON ALLISON ROGERS
  • Owner Before Previous Owner: COMMUNITY BANK NORTH MISSISSIPPI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007200

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-5105-0-0007
  • Lot: PT262
  • Municipality: MEMPHIS
  • Latitude: 35.1222
  • Longitude: -89.9503

    Address

  • Full Address: 351 S Reese St
  • Address - House Number: 351
  • Street Direction: S
  • Address - Street Name: Reese
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C059
  • 4-Digit Zip Code: 4424
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,663

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 322,836
  • High Value: 403,136
  • Low Value: 242,536

    Market Valuation

  • Market Total Value: $240,500
  • Market Land Value: $31,800
  • Market Improvement Value: $208,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,125
  • Assessed Land Value: $7,950
  • Assessed Improvements Value: $52,175

    Sales

  • Current Sale Contract Date: Mar 14, 2019
  • Current Sale Recording Date: Mar 18, 2019
  • Current Sale Transaction ID: 11590405353
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19025654
  • Previous Sale Recording Date: Nov 02, 2011
  • Previous Sale Contract Date: Oct 28, 2011
  • Previous Sale Amount: $122,100
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVOLVE BANK & TRUST
  • First Mortgage Transaction Date: Mar 18, 2019
  • First Mortgage Loan Amount: $241,062
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • Previous Mortgage Transaction Date: Nov 02, 2011
  • Previous Mortgage Loan Amount: $119,004
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2041



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$257,500 Jan 27, 2023
-
-
Townhouse
2 Beds
2.5 Baths
-
$265,000 Aug 24, 2023
-
$169/mo
Townhouse
2 Beds
2.5 Baths
-
$265,000 Aug 24, 2023
-
$175/mo
House
3 Beds
2 Baths
-
$269,900 Sep 22, 2023
-
$293/mo
House
3 Beds
1 Bath
-
$270,000 Sep 11, 2023
-
$255/mo
House
3 Beds
1 Bath
-
$300,000 Sep 11, 2023
-
$282/mo
House
4 Beds
3 Baths
-
$275,000 Sep 18, 2023
-
$307/mo

About Jackson - University Area


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Frequently Asked Questions

When was property at 351 South Reese Street built and last sold?
The property at 351 South Reese Street was built in 1942 and last sold on Mar 14, 2019 for $250,000.
How much is this home worth?
The estimated value of the home located at 351 South Reese Street is $252,500.
What are some comparable homes to 351 South Reese Street?
There are currently no comparable homes to 351 South Reese Street.

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