Check Availability
$135,000
House - For Sale

724 MCCONNELL

Memphis, TN 38112
bedrooms
3 Beds
bathrooms
1 Bath
$738
Estimated Monthly
$0
HOA / Fees
11.33%
Cap Rate

About This Property

Investor Gold!  3 Bed, 1 Bath would be perfect income property.  Working HVAC and Water Heater.  Could use some sprucing up or could be rented As-Is with addition of Range/Oven and Refrigerator.  Don't miss out on this income property to add to your portfolio.
Unit Size
-
Days on Market
59 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$75
HOA Dues
-
Year Built
1940
Listed By
Daniel Johnson
Cumberland Real Estate LLC
Last updated: 2 months ago (MAARTN #10166987)

Price History

Date / Event Date Event Price
Mar 1, 2024 Listed by KAIZEN Realty $135,000
Listed by KAIZEN Realty

Property Highlights

Air Conditioning
Interior Details

Interior Information

Security System

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,313
  • Gross Building Area: 1,313
  • Building Area: 1,313
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,313
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: OVERTON PARK HEIGHTS
  • Land Acres: 0.144
  • Legal Description 1: ES MCCONNELL

Ownership

  • Current Owner : LONGO CELESTE
  • Previous Owner : JOHN MERCER
  • Previous Owner 2: JOHN EDNA R
  • Owner Before Previous Owner: RENASANT BANK
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: unknown
  • Vacant Flag Date: Jun 22, 2023

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001500

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MB 8-64
  • District: O
  • Parcel: 05-2020-0-0027
  • Lot: 189
  • Municipality: MEMPHIS
  • Latitude: 35.1554
  • Longitude: -89.9782

    Address

  • Full Address: 724 Mcconnell St
  • Address - House Number: 724
  • Address - Street Name: Mcconnell
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C072
  • 4-Digit Zip Code: 1836
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $900

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 395,642
  • High Value: 577,295
  • Low Value: 213,988

    Market Valuation

  • Market Total Value: $59,100
  • Market Land Value: $8,000
  • Market Improvement Value: $51,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,775
  • Assessed Land Value: $2,000
  • Assessed Improvements Value: $12,775

    Sales

  • Current Sale Contract Date: Apr 11, 2016
  • Current Sale Recording Date: Apr 13, 2016
  • Current Sale Transaction ID: 1516042052
  • Current Sale Price: $12,117
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 16035407
  • Previous Sale Recording Date: Jul 21, 2005
  • Previous Sale Contract Date: May 20, 2005
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$128,000 Nov 27, 2023
-
$37/mo
In Contract
House
2 Beds
1 Bath
-
$125,000 Feb 1, 2024
-
$58/mo
Townhouse
2 Beds
2 Baths
-
$150,000 Oct 15, 2023
-
$163/mo
House
5 Beds
2 Baths
-
$110,000 Feb 5, 2024
-
$320/mo

About Jackson - University Area


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Frequently Asked Questions

When was property at 724 McConnell Street built and last sold?
The property at 724 McConnell Street was built in 1940 and last sold on Apr 11, 2016 for $12,117.
How much is this home worth?
The estimated value of the home located at 724 McConnell Street is $136,350.
What are some comparable homes to 724 McConnell Street?
Homes that are comparable to 724 McConnell Street include a house property at 896 Meagher Street, 715 Lester Street, 883 Birch Street.

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