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1511 Stacey St, Memphis, TN 38108

3 beds, 1 bath, 962 sqft
Sold: $31,000
Sold on 08/20/13
Zestimate®: $35,562
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes
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This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers significantly below market value!
 
Facts
  • Lot: 10,454 sqft
  • Single Family
  • Built in 1959
  • Heating: Forced air
  • Last sold: Aug 2013 for $31,000
  • Price/sqft: $32
Features
  • Fireplace
    Construction
    • Roof type: Other
    • Room count: 6
    • # Stories: 1.0
    • Unit count: 1
    Other
    • Floor size: 962 sqft
    • Lot depth: 158
    • Lot width: 78
    • Parcel #: 053029 00013
    • Zillow Home ID: 42180080
    Home Values
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    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $35,562
    +$254 Last 30 daysd
    $32K
    $40K
    Zestimate range
    Rent Zestimate What's this?
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    A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $667/mo
    +$9 Last 30 daysd
    $574
    $754
    Zestimate range
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    Neighborhood for 1511 Stacey Street

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    Zillow predicts Berclair-Highland Heights home values will fall 1.2% next year, compared to a 2.6% increase for Memphis as a whole. Among Berclair-Highland Heights homes, this home is valued 9.5% less than the midpoint (median) home, and is valued 11.1% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In the Berclair-Highland Heights market, the number of foreclosures waiting to be sold fell 56.8% in the last year. The number of unsold foreclosures is 2.4% less than in Memphis, and 85.1% greater than the national average. This lower local number could help Berclair-Highland Heights home values rise more quickly than other regions in Memphis.

    Learn more about forecast calculations or Berclair-Highland Heights home values.
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      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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      Contact a local agent

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      About these agents
      These listing agents specialize in this area and can get you a market value for this home and answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292
      Close
      Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

      Learn how to appear as the agent above

      Close
      Want to learn how to appear as the agent above? Contact us here or call us at (855) 840-3292

      Email successfully sent!Submission failed!

      Next: Find out what you can afford on Zillow Mortgage Marketplace.

      Get Pre-Approved

      Next: Get Pre-Approved

      A Zillow Confirmed Lender will call you.

      Contact me

      Thanks for using Zillow to find agents and lenders to help you with your home shopping.

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