See Home Value
$288,208*
House - Off Market

575 S REESE ST

Memphis, TN 38111
bedrooms
3 Beds
bathrooms
2 Baths
$171,000 - $207,000
Reference Base Price*
51.77%
Since Dec 1, 2018
National-US
Primary Model
Sold Nov 19, 2018
$185,000
$216,000 by First Horizon Bank
Mortgage Due Apr 01, 2051
Sold Apr 02, 2014
$139,000
$111,200 by Financial Federal Bank
Mortgage Due Apr 01, 2044

About This Property

For more information, contact Trey Hogue at . Visit http://www.crye-leike.com/memphis/10035539 to view more pictures of this property. Don't miss out on this newly renovated home. New kitchen with new appliances. 3 bedrooms 2 baths with bonus/sun room. Beautiful hardwood refinished floors. New paint, new ceiling fans, new roof, new heating system and dog wireless restraint system.  Come check it out.
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924

Price History

Date / Event Date Event Price
Nov 22, 2018 No longer available -
No longer available
Aug 31, 2018 Listed $189,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 240
  • 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: 1,420
  • Gross Building Area: 1,420
  • Building Area: 1,420
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,420
  • 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 : NAIL ANDREW
  • Previous Owner : REISMAN JOEL A
  • Previous Owner 2: MATHES ANNE B
  • Owner Before Previous Owner: RING CASSIE B
  • Owner Before Previous Owner 2: RING JONATHAN J
  • 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: 04-5109-0-0026
  • Lot: 86
  • Municipality: MEMPHIS
  • Latitude: 35.116
  • Longitude: -89.9505

    Address

  • Full Address: 575 S Reese St
  • Address - House Number: 575
  • Street Direction: S
  • Address - Street Name: Reese
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C059
  • 4-Digit Zip Code: 4335
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,621
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 279,019
  • High Value: 346,451
  • Low Value: 211,586

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $216,000
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: Mar 30, 2021
  • First Open Lien Mortgage Loan Amount: $216,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $237,800
  • Market Land Value: $31,800
  • Market Improvement Value: $206,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,450
  • Assessed Land Value: $7,950
  • Assessed Improvements Value: $51,500

    Sales

  • Current Sale Contract Date: Nov 16, 2018
  • Current Sale Recording Date: Nov 19, 2018
  • Current Sale Transaction ID: 11532802618
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18118785
  • Previous Sale Recording Date: Apr 02, 2014
  • Previous Sale Contract Date: Mar 27, 2014
  • Previous Sale Amount: $139,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Nov 19, 2018
  • First Mortgage Loan Amount: $148,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FINANCIAL FEDERAL BANK
  • Previous Mortgage Transaction Date: Apr 02, 2014
  • Previous Mortgage Loan Amount: $111,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2044



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$179,000 Apr 8, 2024
-
$55/mo
House
3 Beds
2 Baths
-
$180,000 Apr 17, 2024
-
$64/mo
House
2 Beds
1 Bath
-
$169,900 Mar 21, 2024
-
$54/mo
House
2 Beds
1 Bath
-
$219,900 Feb 23, 2024
-
$186/mo
House
2 Beds
1 Bath
-
$224,900 Apr 12, 2024
-
$252/mo
Multifamily
2 Beds
2 Baths
-
$159,900 Mar 4, 2024
-
$46/mo

About Jackson - University Area


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Nearby Rentals



Frequently Asked Questions

When was property at 575 South Reese Street built and last sold?
The property at 575 South Reese Street was built in 1924 and last sold on Nov 16, 2018 for $185,000.
How much is this home worth?
The estimated value of the home located at 575 South Reese Street is $191,799.
What are some comparable homes to 575 South Reese Street?
There are currently no comparable homes to 575 South Reese Street.

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