Check Availability
$124,500
House - For Sale

516 LEATH

Memphis, TN 38105
bedrooms
2 Beds
bathrooms
1 Bath
$658
Estimated Monthly
$0
HOA / Fees
9.16%
Cap Rate

About This Property

Great Investment property just 3 minutes from St Jude. This home has been mostly remodeled. New Roof and Windows in 2013, New Tankless Water Heater 2018 and New Central HVAC in February of 2024. There are still some items that could be finished by new owner. Seller is ready to move on. Selling "as-is" and great price!
Unit Size
-
Days on Market
49 days
Land Size
0.10 acres
Price per sqft
-
Property Type
House
Property Taxes
$46
HOA Dues
-
Year Built
1921
Listed By
Chris Garland
Garland Company Real Estate, L
Last updated: 13 days ago (MAARTN #10167763)

Price History

Date / Event Date Event Price
Apr 19, 2024 Relisted $124,500
Relisted
Apr 14, 2024 In contract -
In contract
Apr 3, 2024 Price Decreased $124,500
↓ $500 (0.4%)
Price Decreased
Mar 13, 2024 Listed by Garland Company Real Estate $125,000
Listed by Garland Company Real Estate

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,163
  • Gross Building Area: 1,163
  • Building Area: 1,163
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,163
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: GALLOWAY PARK
  • Land Acres: 0.103
  • Legal Description 1: ES LEATH

Ownership

  • Current Owner : OAKLAND DEPOSIT BANK
  • Previous Owner : LEE GREGORY B
  • Previous Owner 2: LEE LINDA J
  • Owner Before Previous Owner: DUNN WILLIAM EDWARD

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 011300

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 00-1112-0-0016
  • Block: 2
  • Lot: 5
  • Municipality: MEMPHIS
  • Latitude: 35.1546
  • Longitude: -90.0319

    Address

  • Full Address: 516 Leath St
  • Address - House Number: 516
  • Address - Street Name: Leath
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C040
  • 4-Digit Zip Code: 2120
  • Zip Code: 38105

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $554
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.2553
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 63
  • Final Value: 74,106
  • High Value: 93,029
  • Low Value: 55,182

    Market Valuation

  • Market Total Value: $36,400
  • Market Land Value: $3,000
  • Market Improvement Value: $33,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,100
  • Assessed Land Value: $750
  • Assessed Improvements Value: $8,350

    Sales

  • Current Sale Contract Date: Feb 25, 2009
  • Current Sale Recording Date: Mar 03, 2009
  • Current Sale Transaction ID: 1176924532
  • Current Sale Price: $25,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 09023555
  • Previous Sale Recording Date: Apr 01, 2003
  • Previous Sale Contract Date: Mar 17, 2003
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: OAKLAND DEPOSIT BANK
  • Previous Mortgage Transaction Date: Apr 01, 2003
  • Previous Mortgage Loan Amount: $37,800

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
1 Bath
-
$114,000 Jan 11, 1998
$114,000 Jan 20, 1998
$82/mo
House
4 Beds
2 Baths
-
$120,000 Mar 5, 2024
-
$43/mo

About North Memphis


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Frequently Asked Questions

When was property at 516 Leath Street built and last sold?
The property at 516 Leath Street was built in 1921 and last sold on Feb 25, 2009 for $25,000.
How much is this home worth?
The estimated value of the home located at 516 Leath Street is $126,250.
What are some comparable homes to 516 Leath Street?
Homes that are comparable to 516 Leath Street include a house property at 634 North Manassas Street, a other property at 84 Union Avenue, which are both great to check out.

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