See Home Value
$212,476*
House - Off Market

641 LOEB

Memphis, TN 38111
bedrooms
2 Beds
bathrooms
1 Bath
$126,000 - $154,000
Reference Base Price*
51.77%
Since Dec 1, 2018
National-US
Primary Model
Sold Dec 04, 2023
$182,000
$127,400 by Pinnacle Bank
Mortgage
Sold Dec 12, 2018
$130,000
$100,000 by The Bank Of Fayette County
Mortgage

About This Property

This adorable 2 bedroom 1 bath home is walking distance to U of M & Audubon Park. The kitchen is updated & has a separate laundry & mudroom. The large front porch is complete with/swing & back screen porch has french doors that open into the home - great for entertaining. The backyard storage building has power. Updated kitchen, electrical & bathroom, low maintenance laminate floors, new roof. A true find in this area. One year home warranty. Don't miss it!
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$147
HOA Dues
-
Year Built
1927

Price History

Date / Event Date Event Price
Dec 4, 2023 Sold $182,000
Sold
Nov 22, 2018 No longer available -
No longer available
Nov 1, 2018 Listed $140,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Bungalow
  • 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

    Dimensions

  • Lot Size Square Feet: 8,656
  • Lot Size Depth Feet: 1,730
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,237
  • Gross Building Area: 1,237
  • Building Area: 1,237
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,237
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: B M NEAL RE
  • Land Acres: 0.199
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W S LOEB

Ownership

  • Current Owner : KIPPY INVESTMENT LLC
  • Previous Owner : 641 LOEB STREET TRUST
  • Owner Before Previous Owner: LEWIS JIM D
  • Owner Before Previous Owner 2: LEWIS ELIZABETH C
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 16-52
  • District: O
  • Parcel: 04-6048-0-0013
  • Lot: 2
  • Municipality: MEMPHIS
  • Latitude: 35.1138
  • Longitude: -89.9302

    Address

  • Full Address: 641 Loeb St
  • Address - House Number: 641
  • Address - Street Name: Loeb
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C082
  • 4-Digit Zip Code: 7558
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,216

    Appraisal Valuation

  • Standard Deviation: 0.253
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 204,753
  • High Value: 256,558
  • Low Value: 152,947

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $127,400
  • First Open Lien Mortgage Lender: PINNACLE BANK
  • First Open Lien Mortgage Recording Date: Dec 04, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $127,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $145,500
  • Market Land Value: $24,400
  • Market Improvement Value: $121,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,375
  • Assessed Land Value: $6,100
  • Assessed Improvements Value: $30,275

    Sales

  • Current Sale Contract Date: Nov 13, 2023
  • Current Sale Recording Date: Dec 04, 2023
  • Current Sale Transaction ID: 11917378002
  • Current Sale Price: $182,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 101695
  • Previous Sale Recording Date: Dec 12, 2018
  • Previous Sale Contract Date: Dec 06, 2018
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE BANK
  • First Mortgage Transaction Date: Dec 04, 2023
  • First Mortgage Loan Amount: $127,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: THE BANK OF FAYETTE COUNTY
  • Previous Mortgage Transaction Date: Dec 12, 2018
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
-
$150,000 Apr 20, 2023
-
$122/mo
House
2 Beds
1 Bath
-
$150,000 Apr 22, 2023
-
$147/mo
House
2 Beds
1 Bath
-
$155,999 Apr 4, 2023
-
$81/mo

About Jackson - University Area


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Frequently Asked Questions

When was property at 641 Loeb Street built and last sold?
The property at 641 Loeb Street was built in 1927 and last sold on Nov 13, 2023 for $182,000.
How much is this home worth?
The estimated value of the home located at 641 Loeb Street is $141,400.
What are some comparable homes to 641 Loeb Street?
There are currently no comparable homes to 641 Loeb Street.

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