Check Availability
$95,000
House - For Sale

958 SEMMES

Memphis, TN 38111
bedrooms
2 Beds
bathrooms
1 Bath
$516
Estimated Monthly
$0
HOA / Fees
12.58%
Cap Rate

About This Property

Investors Only! Tenant occupied property being marketed to investors. Professionally managed by Reedy & Company, lease, ledger, & repair history available upon request. Low maintenance vinyl siding exterior. This property was substantially rehabbed in late 2021 (big ticket items replaced) & rented at $900.  This Turnkey property with a tenant would make a great addition to your investment portfolio & is under $100K.  DO NOT DISTURB TENANT.  No wholesalers or assignments.
Unit Size
-
Days on Market
140 days
Land Size
0.10 acres
Price per sqft
-
Property Type
House
Property Taxes
$49
HOA Dues
-
Year Built
1943
Listed By
Tyler Tapley
Crye-Leike, Inc., REALTORS
Last updated: 5 months ago (MAARTN #10162678)

Price History

Date / Event Date Event Price
Dec 15, 2023 Listed by Crye-Leike Realtors $95,000
Listed by Crye-Leike Realtors
Jan 18, 2022 Sold to Timothy Dean Henley $95,900
Sold to Timothy Dean Henley
Aug 19, 2021 Sold $23,000
Sold

Property Highlights

Air Conditioning
Interior Details

Interior Information

Security System

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • 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
  • Building Style: Cottage
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 4,680
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 390
  • Total Building Area: 825
  • Gross Building Area: 825
  • Building Area: 825
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 825
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.107
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HENLEY TIMOTHY DEAN
  • Previous Owner : MEMPHIS INVESTMENT PROPERTIES III LLC
  • Owner Before Previous Owner: NORTH STAR INVESTMENTS LLC
  • Ownership Rights Codes: unknown
  • Vacant Flag Date: Jul 14, 2023

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007900

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 05-9066-0-0028
  • Municipality: MEMPHIS
  • Latitude: 35.1058
  • Longitude: -89.9614

    Address

  • Full Address: 958 Semmes St
  • Address - House Number: 958
  • Address - Street Name: Semmes
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C061
  • 4-Digit Zip Code: 2110
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $885

    Appraisal Valuation

  • Standard Deviation: 0.459
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 8
  • Final Value: 395,251
  • High Value: 576,690
  • Low Value: 213,811

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $76,720
  • First Open Lien Mortgage Lender: DELMAR FINANCIAL CO
  • First Open Lien Mortgage Recording Date: Jan 18, 2022
  • First Open Lien Mortgage Loan Amount: $76,720
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $38,700
  • Market Land Value: $4,000
  • Market Improvement Value: $34,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,675
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $8,675

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 18, 2022
  • Current Sale Transaction ID: 11877428750
  • Current Sale Price: $95,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 22007223
  • Previous Sale Recording Date: Aug 19, 2021
  • Previous Sale Contract Date: Aug 18, 2021
  • Previous Sale Amount: $23,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DELMAR FINANCIAL CO
  • First Mortgage Transaction Date: Jan 18, 2022
  • First Mortgage Loan Amount: $76,720
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: R A MOORE
  • Previous Mortgage Transaction Date: Aug 19, 2021
  • Previous Mortgage Loan Amount: $65,000
  • Previous Mortgage Term: 6
  • Previous Mortgage Loan Type: Purchase Money Mortgage

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$105,000 Sep 18, 2023
-
$56/mo
House
3 Beds
2 Baths
-
$109,900 Oct 27, 2023
-
$69/mo
House
2 Beds
1 Bath
-
$89,000 Aug 25, 2023
-
$46/mo
House
2 Beds
1 Bath
-
$84,900 Sep 7, 2023
-
$53/mo
House
3 Beds
1 Bath
-
$95,500 Nov 4, 2023
-
$56/mo
House
3 Beds
1 Bath
-
$85,000 Dec 6, 2023
-
$75/mo

About Jackson - University Area


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Frequently Asked Questions

When was property at 958 Semmes Street built and last sold?
The property at 958 Semmes Street was built in 1943 and last sold on Jan 14, 2022 for $95,900.
How much is this home worth?
The estimated value of the home located at 958 Semmes Street is $95,950.
What are some comparable homes to 958 Semmes Street?
Homes that are comparable to 958 Semmes Street include a house property at 3047 Chisca Avenue, 1108 Semmes Street, 3061 Seminole Road.

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