Tuesday, March 20, 2012

Yours - For Less than the Price of a Used Car

A few of the posts have covered some of the most expensive homes in Memphis. This post examines homes that are listed as the bottom 20 in terms of price. Since these were scattered, I provided cross streets and other street landmarks to help place where the homes are situated.

It's amazing how low some of these prices are. It's also amazing that considering the fine state of some of the homes bordering these for sale, that no one has chosen to invest in these in any way shape or form. Below the list of those for sale, I have provided some random shots of representative examples of homes that border the ones listed for sale. See below for more details.

1490 Chelsea 38107 $1,490
This location is 3 miles from Rhodes College and about a mile from St. Jude. To hit a main artery, North Parkway, you leave this address and go east where you take a right on Manassas and arrive at the intersection of North Parkway and Manassas.
779 Chestnut 38106 $3,500
This location is West of I-40 and is very close to South Parkway East - the part of South Parkway after you travel over I-40 going west on South Parkway. It is in the Victor Kerr neighborhood. This neighborhood was beautiful, with rolling hills, large lawns, and young kids and teenagers outside getting ice cream from a passing Ice Cream Truck. See picture below for image of neighborhood.

815 North Claybrook 38107 $4,500

This home is in the block bordered by Vollintine on the north, Bellevue on the west, Watkins on the East, and Jackson on the south. It is also in very close proximity to the part of North Parkway that meets the I-40 ramp.
2392 Arlington 38114 $4,500
This home is very close to the intersection of Airways and Lamar. It is south of Lamar, and east of Airways.

1052 North Dunlap 38107 $5,500
This is another home near Chelsea, and about a mile and a half from the West end of North Parkway.
1109 South Somerville 38106 $5,900
This home is between Walker on the north side, and Bellevue on the south side and is on the east side of 1-40. It is very close to Elmwood Cemetery.
797 Speed 38107 $6,000
This home is bordered by the following main roads: Bellevue on the west, Watkins on the east, Vollintine on the north, and Jackson on the south. This is another home that is in very close proximity to North Parkway and I-40.
2589 Barron 38114 $6,000
This home is right off of Lamar. It is near the intersection of Lamar and Airways. East of Airways, North of Lamar.

Pictures of houses next to the houses for sale.
When you see boarded up homes, and that the price is so low, it naturally makes you question what kind of neighborhood it must be. In all cases, there were immaculate homes nearby, and residents coming or going in work attire. I give a lot of credit to homeowners whose view is a home in the state some of these were in, who continue to take great pride and give attention to the look and maintenance of their own home. Without exception, all the neighborhoods were quiet. The trees were mature, tall, and beautiful. All of the grass was green and bright. The *only* thing in a bad shape were some of the home's condition. I have provided some random snapshots of homes in some of the areas I visited to give an idea. Note: Pods are not cheap. So, when you see a Pod parked in the driveway of a house, no matter how bad the house looks, you know that someone is making an investment in it and has cash on hand. For that reason, the pod really caught my eye considering the house was in a state of disrepair.

Monday, March 19, 2012

Stage Park Subdivision

Stage Park subdivision is a beautifully laid out neighborhood situated between Raleigh LaGrange and Stage Road. Traveling north on Covington Pike towards Raleigh, this subdivision is accessed by taking a right onto Raleigh LaGrange and a left onto Chiswood. The neighborhood pans out to the north, meeting Stage at its north border.

5165 Kimbark Woods Drive $64,900

5276 Kimbark Woods Drive $97,500
2435 Kimbark Woods Cove $115,000/ $1150 per month
5214 Twin Woods $0 Down, $0 Closing -- $799/mo
5233 Oakwood $124,900
2744 Stage Coach $134,000
2882 Springland $89,900

Sunday, March 18, 2012

Raleigh Springs Mall is For Sale

Lovely Memphis explores the largely uninhabited Raleigh Springs Mall, where much of its commercial space is now for empty and for sale.

Raleigh Springs mall was once a busy commercial venue in the heart of North Memphis. Its descent through the years has concluded into its current vacant state. Despite the ghost town it has become, Raleigh Springs buildings continue to inspire with its industrial, militaristic, modern architecture. The vastness of it is awe-inspiring. Just as a place full of people and activity can inspire and conjure beauty, the emptiness of Raleigh Springs Mall is beautiful because of the way nature continues, and the way the ghosts of people and activity are evident throughout. The remnants of man's footprint there guides viewers through a place without any one there to show them the way, mixing both a private and public experience for any visitor there to explore.

Thursday, March 15, 2012

Second Most Expensive Home For Sale in Memphis

600 South Shady Grove Road $2,750,000
I thought this home might not be occupied when I drove by to take the very distant picture. When I drove up, there were soggy newspapers in the driveway, and dead branches and dead sticks strewn on the driveway. When I did some research, it made sense. The second most expensive home for sale in Memphis is bank offered. For more information, click here.

Wednesday, March 14, 2012

Homes for Sale in East Memphis 3/14/2011

These homes are from the highly desirable, highly convenient East Memphis region that is East of Perkins, West of Avon, South of Princeton, and North of Walnut Grove.

4654 Johnson $247,500

411 Vescovo $126,500

320 Cecilia $174,000
401 Avon $174,500
4756 Lorece Avenue $199,900
4649 Barfield $549,000
4649 Normandy Avenue $317,500
4640 Chickasaw $209,000
4646 Chickasaw $234,000

Tuesday, March 13, 2012

Hein Park Homes for Sale 3/13/2012

These homes are in the Hein Park region of Memphis, bordering Rhodes College.
565 West $539,000
817 Cypress $190,000 or $1500/month Rental
646 Center $589,000
653 North Trezevant (on east border of Hein Park at Trezevant and North Parkway)

Monday, March 12, 2012

Lovely Memphis has a question

While looking at houses throughout Memphis, I couldn't tell the difference between what a "modern" style house is and a "ranch" style house. For all those who are more schooled in this difference (which is likely everyone reading this) than I am, do you have any input on what marks the distinction between the two?