See Home Value
$62,248*
House - Off Market

488 JOSEPHINE

Memphis, TN 38111
bedrooms
3 Beds
bathrooms
1 Bath
$40,000 - $50,000
Reference Base Price*
46.47%
Since Nov 1, 2019
National-US
Primary Model
Sold Nov 08, 2019
$40,000
Sold Aug 20, 2014
$15,000

About This Property

Great Investment Opportunity ~ Currently Rented for $650 ~ Please Do Not Disturb Tenants
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$889
HOA Dues
-
Year Built
1925

Price History

Date / Event Date Event Price
Oct 10, 2019 No longer available -
No longer available
Aug 17, 2019 Price Decreased $42,500
↓ $3K (5.6%)
Price Decreased
Jun 7, 2019 Listed $45,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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
  • Garage Type: Detached
  • Garage Square Area: 320
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,479
  • Lot Size Depth Feet: 1,690
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,530
  • Gross Building Area: 1,530
  • Building Area: 1,530
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,530
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: O C HOWSER
  • Land Acres: 0.195
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES JOSEPHINE

Ownership

  • Current Owner : MID SOUTH RENTALS LLC
  • Previous Owner : JAMERSON ROBERT L
  • Previous Owner 2: PEYTON VERNIE LEE
  • Owner Before Previous Owner: TEAL ELGIN F
  • Owner Before Previous Owner 2: TEAL GLEN ANTONIO
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007100

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 04-5023-0-0051
  • Lot: 115
  • Municipality: MEMPHIS
  • Latitude: 35.1187
  • Longitude: -89.9692

    Address

  • Full Address: 488 Josephine St
  • Address - House Number: 488
  • Address - Street Name: Josephine
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C062
  • 4-Digit Zip Code: 1708
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $815
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 89
  • Final Value: 224,706
  • High Value: 249,197
  • Low Value: 200,215

    Market Valuation

  • Market Total Value: $53,500
  • Market Land Value: $5,700
  • Market Improvement Value: $47,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,375
  • Assessed Land Value: $1,425
  • Assessed Improvements Value: $11,950

    Sales

  • Current Sale Contract Date: Nov 07, 2019
  • Current Sale Recording Date: Nov 08, 2019
  • Current Sale Transaction ID: 11672821407
  • Current Sale Price: $40,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19116818
  • Previous Sale Recording Date: Aug 20, 2014
  • Previous Sale Contract Date: Aug 13, 2014
  • Previous Sale Amount: $15,000
  • 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
2 Beds
1 Bath
-
$42,500 Oct 25, 2022
-
$26/mo

About Depot Planning District


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Frequently Asked Questions

When was property at 488 Josephine Street built and last sold?
The property at 488 Josephine Street was built in 1925 and last sold on Nov 7, 2019 for $40,000.
How much is this home worth?
The estimated value of the home located at 488 Josephine Street is $42,925.
What are some comparable homes to 488 Josephine Street?
There are currently no comparable homes to 488 Josephine Street.

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