See Home Value
$297,000 - $363,000
House - Off Market

450 S REESE

Memphis, TN 38111
bedrooms
3 Beds
bathrooms
2 Baths
Sold Feb 29, 2024
$320,000
$256,000 by Rocket Mortgage Llc
Mortgage Due Mar 01, 2054
Sold Apr 26, 2019
$300,000
$289,987 by Bank Of England
Mortgage Due May 01, 2049

About This Property

Welcome to 450 S. Reese St! This charming home sits in the beautiful East Buntyn neighborhood on a corner lot. Offering an open floor plan that has been completely renovated! Great patio space that's professionally landscaped with a private fully fenced in back yard with an automatic gate for parking. Walking distance from the University of Memphis and plenty of restaurants, retail stores and coffee shops! Also eligible for University of Memphis campus school.
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
1915

Price History

Date / Event Date Event Price
Mar 2, 2024 No longer available -
No longer available
Jan 31, 2024 Listed $320,000
Listed
Welcome to 450 S. Reese St! This charming home sits in the beautiful East Buntyn neighborhood on a corner lot. Offering an open floor plan that has been completely renovated! Great patio space that's professionally landscaped with a private fully fenced in back yard with an automatic gate for parking. Walking distance from the University of Memphis and plenty of restaurants, retail stores and coffee shops! Also eligible for University of Memphis campus school.
Dec 2, 2023 No longer available -
No longer available
Nov 15, 2023 Price Decreased $330,000
↓ $8K (2.4%)
Price Decreased
Oct 4, 2023 Price Decreased $338,000
↓ $11K (3.1%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Bungalow
  • Exterior Walls Type: Brick veneer
  • 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: 6,595
  • Total Building Area: 1,532
  • Gross Building Area: 1,532
  • Building Area: 1,532
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,532
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REESE AT MIDLAND
  • Land Acres: 0.151
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEE MAP 140N ES SOUTH REESE STREET COR MIDLAND AVENUE (NE)

Ownership

  • Current Owner : GILBERT ERIKA
  • Previous Owner : HARRIS ROBERT
  • Previous Owner 2: HARRIS SHERIDAN S
  • Owner Before Previous Owner: SHEPHERD CONSTRUCTION COMPANY INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 280-009
  • District: O
  • Parcel: 04-5123-0-0055
  • Lot: 1
  • Municipality: MEMPHIS
  • Latitude: 35.1194
  • Longitude: -89.9498

    Address

  • Full Address: 450 S Reese St
  • Address - House Number: 450
  • Street Direction: S
  • Address - Street Name: Reese
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C059
  • 4-Digit Zip Code: 4444
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,890

    Appraisal Valuation

  • Standard Deviation: 0.2385
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 66
  • Final Value: 359,724
  • High Value: 445,542
  • Low Value: 273,905

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 29, 2024
  • First Open Lien Mortgage Loan Amount: $256,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2054

    Market Valuation

  • Market Total Value: $255,400
  • Market Land Value: $22,900
  • Market Improvement Value: $232,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,850
  • Assessed Land Value: $5,725
  • Assessed Improvements Value: $58,125

    Sales

  • Current Sale Contract Date: Feb 29, 2024
  • Current Sale Recording Date: Feb 29, 2024
  • Current Sale Transaction ID: 11921571130
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17096
  • Previous Sale Recording Date: Apr 26, 2019
  • Previous Sale Contract Date: Apr 17, 2019
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 29, 2024
  • First Mortgage Loan Amount: $256,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF ENGLAND
  • Previous Mortgage Transaction Date: Apr 26, 2019
  • Previous Mortgage Loan Amount: $289,987
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$325,000 Jul 28, 2023
-
$313/mo
House
3 Beds
3 Baths
-
$399,000 Jun 16, 2023
-
$323/mo
House
3 Beds
2 Baths
-
$420,000 Jul 7, 2023
-
$332/mo
House
3 Beds
1 Bath
-
$349,000 Apr 4, 2023
-
$181/mo
Townhouse
3 Beds
2 Baths
-
$329,000 Jul 12, 2023
-
$345/mo
House
4 Beds
3 Baths
-
$299,000 May 10, 2023
-
$307/mo

About Jackson - University Area


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Frequently Asked Questions

When was property at 450 South Reese Street built and last sold?
The property at 450 South Reese Street was built in 1915 and last sold on Feb 29, 2024 for $320,000.
How much is this home worth?
The estimated value of the home located at 450 South Reese Street is $352,389.
What are some comparable homes to 450 South Reese Street?
Homes that are comparable to 450 South Reese Street include a house property at 193 Alexander Street, 240 South Greer Street, 3620 Watauga Avenue.

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