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Sold for $113,000
  • $113,000

    509 Simpson Ave, Memphis, TN 38106

    8beds
    155sqft
    Single Family Residence
    Built in 1942
    8,064 Square Feet Lot
    $151,300 Zestimate®
    $729/sqft
    $979 Estimated rent

    Home value

    $151,300

    $124,000 - $177,000

    $979/mo

    Zestimate® history
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    $568/mo

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    $568/mo

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    What's special

    Great Opportunity for Investors with this Gem near Stax Museum and Lemoyne Owen College. This 2 story house could be used as a Rooming House or Housing for college students with 8 separate nice size rooms and 3 Full Bathrooms. Includes Eat in Kitchen area and Laundry Room. Maybe minor cosmetic work needed. Lot for sale next to property with same owner. House is occupied please do not disturb tenants. Owner / Agent

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert P Newman,

    RP Newman Realty LLC

    Bought with:

    Jasmine E Walker

    REMAX Experts

    Source: MAAR,MLS#: 10172287MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Area: 169
    • Dimensions: 13 x 13
    Primary bathroom
    • Features: Full Bath
    Dining room
    • Area: 156
    • Dimensions: 12 x 13
    Kitchen
    • Features: Eat-in Kitchen
    • Area: 156
    • Dimensions: 12 x 13
    Living room
    • Area: 130
    • Dimensions: 10 x 13
    Den
    • Area: 168
    • Dimensions: 12 x 14
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • 1 or More BR Down
    • Flooring: Tile
    • Has fireplace: No
    Interior area
    • Total interior livable area: 155 sqft

    Property

    Parking
    • Parking features: Driveway/Pad
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Patio & porch: Porch
    • Pool features: None
    Lot
    • Size: 8,064 sqft
    • Dimensions: 72 x 112
    • Features: Other (See Remarks)
    Details
    • Parcel number: 02504100012

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    • Attached to another structure: Yes
    Materials
    • Wood/Composition
    Condition
    • New construction: No
    • Year built: 1942

    Community & neighborhood

    Location
    • Region: Memphis
    • Subdivision: Tigg

    Other

    Other facts
    • Price range: $113K - $113K

    Price history

    DateEventPrice
    9/27/2024Sold$113,000-10.2%$729/sqft
    Source: MAAR #10172287 Report a problem
    5/13/2024Listed for sale$125,900+595.6%$812/sqft
    Source: MAAR #10172287 Report a problem
    6/17/2019Sold$18,100+24.8%$117/sqft
    Source: MAAR #10052392 Report a problem
    5/10/2019Listed for sale$14,500-26.8%$94/sqft
    Source: The Carter Group LLC, REALTORS #10052392 Report a problem
    3/25/2019Sold$19,800-12%$128/sqft
    Source: Public Record Report a problem
    7/2/2007Sold$22,500-64.7%$145/sqft
    Source: Public Record Report a problem
    11/27/2006Sold$63,825+1318.3%$412/sqft
    Source: Public Record Report a problem
    3/4/1998Sold$4,500-65.4%$29/sqft
    Source: Public Record Report a problem
    4/18/1997Sold$13,000$84/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,492 +108.8%$28,300 +160.8%
    2024$715 +8.1%$10,850
    2023$661 $10,850
    2022-- $10,850
    2021-- $10,850 -0.9%
    2020$350 $10,950
    2019$350 -21.1%$10,950
    2018$443 -45.1%$10,950
    2017$808 +75.1%$10,950 -19.3%
    2016$462 -13.3%$13,575
    2014$533 $13,575
    2013-- $13,575 -18.7%
    2012-- $16,700
    2011-- $16,700
    2010-- $16,700
    2009-- $16,700 +1.5%
    2008-- $16,450
    2007-- $16,450
    2006-- $16,450
    2005-- $16,450 +0.3%
    2004-- $16,400
    2003-- $16,400
    2002-- $16,400
    2001-- $16,400 -6.2%
    2000-- $17,480

    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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