See Home Value
$344,048*
House - Off Market

513 LIPFORD

Memphis, TN 38112
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
$293,000 - $357,000
Reference Base Price*
5.86%
Since Feb 1, 2023
National-US
Primary Model
Sold Jan 25, 2022
$30,000
$207,500 by Rei Capital Llc
Mortgage Due Feb 22, 2052
Sold Jan 25, 2022
$30,000

About This Property

**Future new construction home 3br/2.5ba. Avoid multiple offers and build a custom home. Rare modern home in Midtown! Fast access to the interstate, close to the Memphis zoo.  Inquire for more details. $5,000 non refundable earnest money. Colors, selections, and finishes may vary. Picture is of similar home built by builder with the same floor plan.
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$77
HOA Dues
-
Year Built
1925

Price History

Date / Event Date Event Price
Jan 4, 2023 No longer available -
No longer available
Sep 19, 2022 Listed $325,000
Listed
Jan 25, 2022 Sold $30,000
Sold
Mar 1, 2021 No longer available -
No longer available
Sep 1, 2020 Listed $150,000
Listed
Selling a package deal Create Value opportunity seeking potential investors looking to add forced value. Looking for investors who can see upside potential. This will be a tear down and rebuild on 520 carpenter and the others are vacant lots. 513-515 Lipford St., 0 Carpenter Great development site for new construction. R-6 Zoned. If you have vision for opportunity this site is Calling all Investors looking to receive passive income!!! 2 blocks away from new development (opportunity zone)

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Unsound
  • Building Quality: D-
  • Construction Type: Frame
  • Building Style: Other
  • 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
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,780
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 600
  • Total Building Area: 504
  • Building Area: 504
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Other
  • Heated Square Feet: 504
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CARPENTER
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS LIPFORD SEE MAP GRID# 130 J

Ownership

  • Current Owner : APEX RESIDENTIAL AND COMMERCIA
  • Previous Owner : TERRELL ELIZABETH A
  • Owner Before Previous Owner: TERRELL ELIZABETH A
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag Date: Apr 05, 2024

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002800

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 005-056
  • District: O
  • Parcel: 03-7026-0-0007C
  • Lot: 78&79
  • Municipality: MEMPHIS
  • Latitude: 35.1464
  • Longitude: -89.9636

    Address

  • Full Address: 513 Lipford St
  • Address - House Number: 513
  • Address - Street Name: Lipford
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C092
  • 4-Digit Zip Code: 2933
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $955
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1088
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 89
  • Final Value: 262,898
  • High Value: 291,507
  • Low Value: 234,289

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $207,500
  • First Open Lien Mortgage Lender: REI CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Feb 22, 2022
  • First Open Lien Mortgage Loan Amount: $207,500
  • 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: Feb 22, 2052

    Market Valuation

  • Market Total Value: $5,000
  • Market Land Value: $5,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,250
  • Assessed Land Value: $1,250

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 25, 2022
  • Current Sale Transaction ID: 11878457306
  • Current Sale Price: $30,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8956
  • Previous Sale Recording Date: Jan 25, 2022
  • Previous Sale Contract Date: Jan 14, 2022
  • Previous Sale Amount: $30,000
  • 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
3 Beds
2.5 Baths
-
$325,000 Sep 1, 2022
-
$163/mo
House
3 Beds
2.5 Baths
-
$325,000 Jan 27, 2023
-
$163/mo
House
3 Beds
2.5 Baths
-
$325,000 Oct 20, 2022
-
$77/mo
Land
Loft
-
-
$325,000 Feb 20, 2023
-
$70/mo

About Jackson - University Area


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Frequently Asked Questions

When was property at 513 Lipford Street built and last sold?
The property at 513 Lipford Street was built in 1925 and last sold on Jan 14, 2022 for $30,000.
How much is this home worth?
The estimated value of the home located at 513 Lipford Street is $328,250.
What are some comparable homes to 513 Lipford Street?
There are currently no comparable homes to 513 Lipford Street.

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