Check Availability
$119,000
↓ $10K (7.8%)
House - For Sale

778 N MERTON

Memphis, TN 38112
bedrooms
3 Beds
bathrooms
1 Bath
$703
Estimated Monthly
$0
HOA / Fees
11.35%
Cap Rate

About This Property

3bd/1ba home near Broad St. arts and entertainment district and convenient to Sam Cooper & Jackson Ave./Hwy 14. This home features hardwood floors, large bedrooms - including a huge attic build out bedroom with large closet and sitting/dressing area. Home also has a detached building which could be finished out to make a studio/storage/den space. Outbuilding already has power and plumbing. New sewer line, new hot water heater.
Unit Size
-
Days on Market
39 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$119
HOA Dues
-
Year Built
1940
Listed By
Last updated: 9 days ago (MAARTN #10168127)

Price History

Date / Event Date Event Price
Apr 18, 2024 Price Decreased $119,000
↓ $10K (7.8%)
Price Decreased
Mar 18, 2024 Listed by Sowell and Company Realtors $129,000
Listed by Sowell and Company Realtors
Oct 6, 2021 No longer available -
No longer available
Mar 5, 2021 In contract -
In contract
Jan 26, 2021 Listed $105,000
Listed
Completely rehabbed property between Jackson & Summer with many flips in progress across the street. New ac units, electrical panel, fresh paint inside & out, refinished floors, etc. Must see!
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Asbestos shingle
  • 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: 198
  • 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: 1,796
  • Gross Building Area: 1,796
  • Building Area: 1,796
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 1,796
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLLEGE PARK
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES MERTON

Ownership

  • Current Owner : ROSENFELD MICHAEL S
  • Previous Owner : CONNOR MICHAEL
  • Owner Before Previous Owner: EQULIABLE PRPPRTY GORUP LLC
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jun 22, 2023

Neighborhood

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

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 05-2030-0-0015
  • Lot: 35
  • Municipality: MEMPHIS
  • Latitude: 35.1565
  • Longitude: -89.9739

    Address

  • Full Address: 778 N Merton St
  • Address - House Number: 778
  • Street Direction: N
  • Address - Street Name: Merton
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C076
  • 4-Digit Zip Code: 1922
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,422
  • Intital Tax Deliquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.4558
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 8
  • Final Value: 162,815
  • High Value: 237,038
  • Low Value: 88,591

    Market Valuation

  • Market Total Value: $93,400
  • Market Land Value: $4,000
  • Market Improvement Value: $89,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,350
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $22,350

    Sales

  • Current Sale Contract Date: Mar 30, 2021
  • Current Sale Recording Date: Apr 07, 2021
  • Current Sale Transaction ID: 11829000679
  • Current Sale Price: $100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21038847
  • Previous Sale Recording Date: Oct 08, 2020
  • Previous Sale Contract Date: Oct 01, 2020
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Warranty Deed

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
House
3 Beds
1 Bath
-
$135,000 Mar 1, 2024
-
$75/mo
In Contract
House
2 Beds
1 Bath
-
$125,000 Feb 1, 2024
-
$58/mo
House
2 Beds
1 Bath
-
$118,900 Mar 4, 2024
-
$359/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 778 North Merton Street built and last sold?
The property at 778 North Merton Street was built in 1940 and last sold on Mar 30, 2021 for $100,000.
How much is this home worth?
The estimated value of the home located at 778 North Merton Street is $120,190.
What are some comparable homes to 778 North Merton Street?
Homes that are comparable to 778 North Merton Street include a house property at 724 McConnell Street, 715 Lester Street, 896 Meagher Street.

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