See Home Value
$188,715*
House - Off Market

640 SHOTWELL

Memphis, TN 38111
bedrooms
2 Beds
bathrooms
1 Bath
$113,000 - $137,000
Reference Base Price*
50.97%
Since Mar 1, 2019
National-US
Primary Model
Sold Feb 12, 2019
$118,000
$112,100 by Commercial Bank & Trust Compan
Mortgage Due Mar 01, 2049

About This Property

Great opportunity for investors and/or University of Memphis Students. Charming 2 bedroom/1 bath home right by U of M. Single story home features nice sized front and back yard, deatched 2 car garage w/driveway/pad offering more parking & nice sized patio. Interior features include living room at front of house that opens up to dining room & Kitchen. Large Living room area in the back of the house, 2 bedrooms & full bathroom with shower/tub combo.
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,917
HOA Dues
-
Year Built
1950

Price History

Date / Event Date Event Price
Feb 14, 2019 No longer available -
No longer available
Feb 12, 2019 Sold to Thomas Sophie E Bihm, Young... $118,000
Sold to Thomas Sophie E Bihm, Young...
Jan 9, 2019 Price Decreased $125,000
↓ $10K (7.4%)
Price Decreased
Dec 22, 2018 Price Decreased $134,975
↓ $25 (0%)
Price Decreased
Dec 2, 2018 Price Decreased $135,000
↓ $5K (3.6%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • 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: 484
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,940
  • Lot Size Depth Feet: 1,790
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,321
  • Gross Building Area: 1,321
  • Building Area: 1,321
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,321
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORMAL SCHOOL PLACE
  • Land Acres: 0.205
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E S SHOTWELL 200 FT N OF SPOTTSWOOD

Ownership

  • Current Owner : BIHM THOMAS SOPHIE E
  • Current Owner 2: BIHM YOUNG AMANDA
  • Previous Owner : DILLEY PHYLLIS R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007400

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-6048-0-0022
  • Lot: PT5
  • Municipality: MEMPHIS
  • Latitude: 35.1138
  • Longitude: -89.931

    Address

  • Full Address: 640 Shotwell St
  • Address - House Number: 640
  • Address - Street Name: Shotwell
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C069
  • 4-Digit Zip Code: 7521
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,064

    Appraisal Valuation

  • Standard Deviation: 0.2618
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 204,108
  • High Value: 257,549
  • Low Value: 150,667

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,100
  • First Open Lien Mortgage Lender: COMMERCIAL BANK & TRUST COMPAN
  • First Open Lien Mortgage Recording Date: Feb 12, 2019
  • First Open Lien Mortgage Loan Amount: $112,100
  • 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: Mar 01, 2049

    Market Valuation

  • Market Total Value: $135,500
  • Market Land Value: $25,200
  • Market Improvement Value: $110,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,875
  • Assessed Land Value: $6,300
  • Assessed Improvements Value: $27,575

    Sales

  • Current Sale Contract Date: Feb 08, 2019
  • Current Sale Recording Date: Feb 12, 2019
  • Current Sale Transaction ID: 11569227866
  • Current Sale Price: $118,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19014140

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCIAL BANK & TRUST COMPAN
  • First Mortgage Transaction Date: Feb 12, 2019
  • First Mortgage Loan Amount: $112,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
2 Beds
1.5 Baths
-
$126,650 Mar 23, 2023
-
$41/mo
In Contract
House
2 Beds
1 Bath
-
$120,000 Jun 12, 2023
-
$103/mo

About Jackson - University Area


Similar Homes for Sale

Unit for sale at 692 Hobbs Drive, Memphis, TN 38111

$126,650

  • 2 Beds
  • 1.5 Baths
692 Hobbs Drive #692, Memphis, TN 38111 Listing by David Topham

Nearby Rentals



Frequently Asked Questions

When was property at 640 Shotwell Street built and last sold?
The property at 640 Shotwell Street was built in 1950 and last sold on Feb 8, 2019 for $118,000.
How much is this home worth?
The estimated value of the home located at 640 Shotwell Street is $126,250.
What are some comparable homes to 640 Shotwell Street?
There are currently no comparable homes to 640 Shotwell Street.

Quantcast