NOT LISTED FOR SALE

Estimated Value: $117,000 - $163,000

3 Beds
2 Baths
1,490 Sq Ft
$95/Sq Ft Est. Value

About This Home

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Looking for better customer service from your Property Manager? Look no further than CB Properties - a locally owned and operated company based in Memphis, TN. We take pride in our A+ rating with the BBB and 4+ star Google Rating, both of which have been earned by prioritizing the needs of our residents and providing exceptional service. Rent local and experience the difference firsthand!!!


CB Properties offers two convenient options for viewing our homes: self-showing or a staff member can arrange to meet you on-site. All of our lease terms are for a minimum of 2 years. Please note that this home is not currently approved for Section 8 vouchers.


CB Properties does not advertise on Craigslist or Facebook Marketplace. We will never ask you to wire money or request funds through a payment app on your mobile device. Instead, you will be asked to bring a property reservation fee to our office located at 1060 Brookfield Rd, Memphis, TN 38119. Please exercise caution and reach out to us directly if you have any concerns or questions.


All CB Properties residents are enrolled in the Resident Benefits Package (RBP) for $39.95/month. This includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! More details upon application.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2023
Sold by
Mid South Homebuyers Gp
Bought by
Hugh Michael
Current Estimated Value
$141,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,950
Outstanding Balance
$116,762
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$13,027

Purchase Details

Closed on
Oct 31, 2022
Sold by
Magelssen Peter and Magelssen Angela
Bought by
Mid South Home Buyers Gp

Purchase Details

Closed on
Jan 19, 2017
Sold by
Cushman Justin and Cushman Genise
Bought by
Magelssen Peter and Magelssen Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2012
Sold by
United Housing Inc
Bought by
First Premier Properties Llc

Purchase Details

Closed on
Aug 8, 2012
Sold by
U S Bank National Association
Bought by
United Housing Inc

Purchase Details

Closed on
May 14, 2012
Sold by
Hughes Nymia D
Bought by
Us Bank National Association

Purchase Details

Closed on
Sep 29, 2004
Sold by
Hamilton Kesha
Bought by
Hughes Nyrnia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,050
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2003
Sold by
Bank Of America Na
Bought by
Hamilton Kesha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,933
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2003
Sold by
Deutshe Bank National Trust Co
Bought by
Bank Of America Na and Bankers Trust Co Of Ca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,933
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2003
Sold by
Hunter Mitchell J and Hunter Louise
Bought by
Deutsche Bank National Trust Co and Vendee Mortgage Trust 1996-3

Purchase Details

Closed on
May 1, 1996
Sold by
Va
Bought by
Hunter Mitchell J
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hugh Michael $158,600 None Listed On Document
Mid South Home Buyers Gp $56,000 --
Magelssen Peter $65,000 Saddle Creek Title Llc
First Premier Properties Llc $10,500 Baymark Title
United Housing Inc -- None Available
Us Bank National Association $18,500 None Available
Hughes Nyrnia D $73,000 Equity Title & Escrow Co
Hamilton Kesha $32,000 Memphis Title Company
Bank Of America Na $32,000 Memphis Title Company
Deutsche Bank National Trust Co $42,483 --
Hunter Mitchell J $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hugh Michael $118,950
Previous Owner Magelssen Peter $48,750
Previous Owner Hughes Nyrnia D $62,050
Previous Owner Hamilton Kesha $34,933
Previous Owner Bank Of America Na $34,933
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 For Rent $1,195 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,057 $39,650 $2,000 $37,650
2024 $1,057 $31,175 $1,250 $29,925
2023 $1,078 $17,700 $1,250 $16,450
2022 $1,078 $17,700 $1,250 $16,450
2021 $611 $17,700 $1,250 $16,450
2020 $1,042 $14,375 $1,250 $13,125
2019 $459 $14,375 $1,250 $13,125
2018 $459 $14,375 $1,250 $13,125
2017 $470 $14,375 $1,250 $13,125
2016 $650 $14,875 $0 $0
2014 $650 $14,875 $0 $0
Source: Public Records

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