Check Availability
$650,000
House - For Sale

59 DEVON

Memphis, TN 38111
bedrooms
4 Beds
bathrooms
3 Baths
$3,862
Estimated Monthly
$0
HOA / Fees
1.90%
Cap Rate

About This Property

Amazing opportunity to build your dream home or renovate existinng home in historic Hedgemoor neighborhood. Corner lot. Property is being sold "As-Is" and has been fully gutted in anticipation of a renovation. Owner/Agent
Unit Size
-
Days on Market
54 days
Land Size
0.46 acres
Price per sqft
-
Property Type
House
Property Taxes
$670
HOA Dues
-
Year Built
1950
Listed By
Camille Zanone
Crye-Leike, Inc., REALTORS
Last updated: 15 days ago (MAARTN #10167355)

Price History

Date / Event Date Event Price
Mar 7, 2024 Listed by Crye Leike, Inc. $650,000
Listed by Crye Leike, Inc.
Nov 17, 2021 Sold $525,000
Sold

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Floor Count: 1
  • Basement Area: 0
  • Garage Square Area: 473
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,145
  • Lot Size Depth Feet: 2,550
  • Lot Size Frontage Feet: 790
  • Total Building Area: 4,760
  • Gross Building Area: 4,760
  • Building Area: 4,760
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,760
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: HEDGEMOOR
  • Land Acres: 0.463
  • Legal Description 1: WS DEVON WAY COR ST ALBANS FAIRWAY NW

Ownership

  • Current Owner : ZANONE BUILDERS LLC
  • Previous Owner : GRAY GREGORY
  • Previous Owner 2: MCGAUGHEY DOUGLASS W
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: unknown
  • Vacant Flag Date: Mar 06, 2024

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002900

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 9-24
  • District: O
  • Parcel: 04-4119-0-0016
  • Lot: PT78
  • Municipality: MEMPHIS
  • Latitude: 35.1332
  • Longitude: -89.9311

    Address

  • Full Address: 59 Devon Way
  • Address - House Number: 59
  • Address - Street Name: Devon
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Memphis
  • Carrier Code: C065
  • 4-Digit Zip Code: 7703
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,044
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2084
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 585,529
  • High Value: 707,597
  • Low Value: 463,460

    Market Valuation

  • Market Total Value: $528,200
  • Market Land Value: $245,600
  • Market Improvement Value: $282,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $132,050
  • Assessed Land Value: $61,400
  • Assessed Improvements Value: $70,650

    Sales

  • Current Sale Contract Date: Nov 04, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Transaction ID: 11866195441
  • Current Sale Price: $525,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 21143672

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CAPITAL BANK
  • First Mortgage Transaction Date: Nov 17, 2021
  • First Mortgage Loan Amount: $420,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Nov 04, 2022

    Financing

  • First Mortgage Financing Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
-
$549,000 Mar 7, 2024
-
$537/mo
Townhouse
3 Beds
2.5 Baths
-
$650,000 Oct 17, 2023
-
$384/mo

About Hedgemoor Civic Club


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Frequently Asked Questions

When was property at 59 Devon Way built and last sold?
The property at 59 Devon Way was built in 1950 and last sold on Nov 4, 2021 for $525,000.
How much is this home worth?
The estimated value of the home located at 59 Devon Way is $656,500.
What are some comparable homes to 59 Devon Way?
Homes that are comparable to 59 Devon Way include a house property at 3628 Oakley Avenue, a townhouse property at 256 Baronne Place, which are both great to check out.

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