NOT LISTED FOR SALE

1011 Goodman St Memphis, TN 38111

Audubon Park Neighborhood

Estimated Value: $121,000 - $143,000

3 Beds
1 Bath
975 Sq Ft
$139/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $131,900 $135 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $768/month

Highlights

  • Updated Kitchen
  • Den
  • Central Heating and Cooling System
  • Traditional Architecture
  • Tile Flooring
  • 1-Story Property

About This Home

As of April 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $1095 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 11/29/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $616

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 65x120
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Roof
  • Composition Shingle Roof

Interior Spaces

  • 975 Sq Ft Home
  • 1-Story Property
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Sherwood Forest Second Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058060 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$616

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 758B
  • MAAR Subdivision Name: SHERWOOD FOREST
  • List Price Per Sq Ft: 135
  • Number Of Stories: 1
  • Price Per Sq Ft: 135.28
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 975
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles, Wood/Shake

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 386
  • Acreage: 0.17
  • Lot Size: 65X120
  • Price Per Acre: 775882

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 058060 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Apr 12, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Lowe Michael
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$131,900
Sold Price
$131,900
Current Estimated Value
$135,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,400
Avg. Annual Appreciation
-1.91%
Original Mortgage
$105,520
Outstanding Balance
$99,306
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$24,065

Purchase Details

Closed on
Nov 18, 2021
Sold by
Wallace Jack Jefferson
Bought by
Memphis Investmetn Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
2.99%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2005
Sold by
Wallace Thomas L
Bought by
Wallace Jack Jefferson

Purchase Details

Closed on
Apr 28, 2000
Sold by
Anthony Brooks and Rs Allison Rs
Bought by
Rush Marcus A and Wallace Tresie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,966
Interest Rate
8.23%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Lowe Michael $131,900 Delta Title Services
Memphis Investmetn Properties Iii Llc $48,000 Tri State Title Llc
Wallace Jack Jefferson -- Stewart Title Of Memphis Inc
Rush Marcus A $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe Michael $105,520
Previous Owner Memphis Investmetn Properties Iii Llc $105,000
Previous Owner Rush Marcus A $64,966
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $131,900 0.0% $135 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $131,900 -- $135 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $616 $31,725 $6,175 $25,550
2024 $616 $18,175 $4,375 $13,800
2023 $1,107 $18,175 $4,375 $13,800
2022 $1,107 $18,175 $4,375 $13,800
2021 $1,316 $18,175 $4,375 $13,800
2020 $855 $11,800 $2,575 $9,225
2019 $377 $11,800 $2,575 $9,225
2018 $377 $11,800 $2,575 $9,225
2017 $386 $11,800 $2,575 $9,225
2016 $513 $11,750 $0 $0
2014 $513 $11,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2022

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    28 in this area

    416 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2022

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    29 in this area

    433 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10113612

Memphis Area Association of REALTORS®

APN: 05-8060-0-0010

Tennessee Shelby County Memphis 38111 Audubon Park

1011 Goodman St, Memphis, TN

This home is located at 1011 Goodman St, Memphis, TN 38111 since 29 November 2021 and is currently estimated at $135,300, approximately $138 per square foot. This property was built in 1950. 1011 Goodman St is a home located in Shelby County with nearby schools including Sherwood Elementary School, Sherwood Middle, and Melrose High School.

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