Sold for $405,000

$405,000

1535 Vance Ave, Memphis, TN 38104

--beds

--baths

4,566sqft

Multi Family

Built in 1926

-- sqft lot

$415,700 Zestimate^®

$89/sqft

$2,181 Estimated rent

Home value

$415,700

$382,000 - $453,000

$2,181/mo

Zestimate^® history

Owner options

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$2,181/mo

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$2,181/mo

Rent Zestimate^®

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$2,492/mo

Est. payment

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$2,492/mo

Est. payment

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What's special

Original hardwood floors

Owned by the same family since it was built in 1926. 4 BR living unit on 1st floor. 2 1-BR units up. Separate front door for up units. Nice fenced wood deck side yard. Separate meters for electric and gas. Units up last rented for $1,200/mo. Original hardwood floors, central gas boiler for radiator heat. Plans have been drawn and available to renovate/modernize 1st floor unit.

Facts & features

Interior

Heating

Other (See Remarks)

Cooling

2+ Window Units per Unit

Appliances

Included: Gas Water Heater
Laundry: Connections

Features

Flooring: Hardwood
Basement: Crawl Space,Partial
Has fireplace: Yes
Fireplace features: Some Fireplaces

Interior area

Total interior livable area: 4,566 sqft

Property

Parking

Parking features: 1 Per Unit, Concrete, Covered, Detached

Features

Stories: 2
Fencing: Wood,Partial

Lot

Size: 0.26 Acres
Dimensions: 75 x 150

Details

Parcel number: 016026 00010

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick Veneer, Plaster
Roof: Other (See REMARKS)

Condition

Year built: 1926

Community & HOA

Community

Subdivision: Kimbroughs Union Ave

Location

Region: Memphis

Financial & listing details

Price per square foot: $89/sqft
Tax assessed value: $432,000
Annual tax amount: $7,653
Date on market: 10/30/2024
Cumulative days on market: 15 days
Listing terms: Conventional
Inclusions: No Furnishings
Lease term: None
Tenant pays: Electricity, Gas

Price history

Date	Event	Price
11/13/2024	Sold	$405,000-5.7%$89/sqft
Source: MAAR #10184209 Report a problem
11/13/2024	Pending sale	$429,500$94/sqft
Source: MAAR #10184209 Report a problem
10/30/2024	Listed for sale	$429,500+173.6%$94/sqft
Source: MAAR #10184209 Report a problem
4/26/1999	Sold	$157,000$34/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,108 +10.1%	$172,800 +37.5%
2024	$8,274 +8.1%	$125,640
2023	$7,654	$125,640
2022	--	$125,640
2021	--	$125,640 +20.1%
2020	$3,343	$104,600
2019	$3,343 -21.1%	$104,600
2018	$4,236 -45.1%	$104,600
2017	$7,721 +128.9%	$104,600 +5.4%
2016	$3,373 +44.2%	$99,200
2014	$2,338	$99,200 +9.3%
2013	--	$90,725 +23.7%
2012	--	$73,325
2011	--	$73,325
2010	--	$73,325
2009	--	$73,325 +44%
2008	--	$50,925
2007	--	$50,925
2006	--	$50,925
2005	--	$50,925 -4.7%
2004	--	$53,425
2003	--	$53,425
2002	--	$53,425 -41%
2001	--	$90,475 +171.3%
2000	--	$33,350