NOT LISTED FOR SALE

1015 Pearce St Memphis, TN 38107

North Memphis Neighborhood

Estimated Value: $56,365 - $76,000

4 Beds
1 Bath
1,400-1,599 Sq Ft
$41/Sq Ft Est. Value

Last Sold January 27, 2012

Last sale price $4,800 $3 Per Sq Ft

Est. 1,251% increase in value since last sale

Current estimated payment $370/month

50 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • 1-Story Property
  • Wood Flooring
  • Level Lot

About This Home

As of January 2012

Nice, spacious lender owned property priced to sell quickly! Great deal! Must see! Bank of America prequalification required on all offers. Please allow 2-3 business days for seller response.

Last Agent to Sell the Property

Ahmad Muhammad

M & M Realty, LLC License #286244 Listed on: 11/03/2011

Last Buyer's Agent

Daphne Battle

Signature Realty, LLC License #305167

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $191

Year Built

  • Built in 1946

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50 x 203.5
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,452 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Wood Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Coate & Mcdowell Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027036 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$191

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 741B
  • MAAR Subdivision Name: Coate & McDowell
  • Number Of Stories: 1
  • Price Per Sq Ft: 3.31
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1452
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees, Level
  • Acreage: 0.23
  • Lot Size: 50 X 203.5

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 027036 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2011
Closed on
Jan 27, 2012
Sold by
Heritage Properties Of Tn Inc
Bought by
Scott Daniel Norsa
Seller's Agent
Ahmad Muhammad
M & M Realty, LLC
Buyer's Agent
Daphne Battle
Signature Realty, LLC
List Price
$7,500
Sold Price
$4,800
Premium/Discount to List
-$2,700
-36%
Current Estimated Value
$64,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,041
Avg. Annual Appreciation
19.82%

Purchase Details

Listed on
Nov 3, 2011
Closed on
Jan 25, 2012
Sold by
Wells Fargo Bank Na
Bought by
Heritage Properties Of Tn Inc
Seller's Agent
Ahmad Muhammad
M & M Realty, LLC
Buyer's Agent
Daphne Battle
Signature Realty, LLC
List Price
$7,500
Sold Price
$4,800
Premium/Discount to List
-$2,700
-36%

Purchase Details

Closed on
Aug 19, 2011
Sold by
Gary Michael
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Mar 3, 2005
Sold by
Gary Michael and Johnson Larry
Bought by
Gary Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 15, 2004
Sold by
The Bank Of New York
Bought by
Gary Michael L and Johnson Larry

Purchase Details

Closed on
Dec 19, 2003
Sold by
Booker Annie Lee
Bought by
The Bank Of New York and Eqcc Trust 2001-1F

Purchase Details

Closed on
Jan 18, 2002
Sold by
Williams Cleaven
Bought by
Taylor Latricia Williams
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
Scott Daniel Norsa $29,000 Saddle Creek Title Llc
Heritage Properties Of Tn Inc $4,800 Saddle Creek Title
Wells Fargo Bank N A $4,500 None Available
Gary Michael -- --
Gary Michael L $18,500 Associates Closing & Title
The Bank Of New York $35,739 --
Taylor Latricia Williams -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gary Michael $45,000
Previous Owner Booker Annie Lee $35,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2012 01/27/12 Sold $4,800 -36.0% $3 / Sq Ft
12/23/2011 12/23/11 Pending -- -- --
11/03/2011 11/03/11 For Sale $7,500 -- $5 / 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 $191 $10,275 $1,900 $8,375
2024 -- $5,625 $625 $5,000
2023 $343 $5,625 $625 $5,000
2022 $343 $5,625 $625 $5,000
2021 $347 $5,625 $625 $5,000
2020 $319 $4,400 $625 $3,775
2019 $319 $4,400 $625 $3,775
2018 $319 $4,400 $625 $3,775
2017 $181 $4,400 $625 $3,775
2016 $198 $4,525 $0 $0
2014 $198 $4,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Ahmad Muhammad

    M & M Realty, LLC

    Section Image
  • Daphne Battle

    Buyer's Agent in 2012

    Daphne Battle

    Signature Realty, LLC

    (901) 233-4487

    2 in this area

    52 Total Sales

    Daphne Battle
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3235425

Memphis Area Association of REALTORS®

APN: 02-7036-0-0013

Tennessee Shelby County Memphis 38107 North Memphis

1015 Pearce St, Memphis, TN

This home is located at 1015 Pearce St, Memphis, TN 38107 since 03 November 2011 and is currently estimated at $64,841, approximately $40 per square foot. This property was built in 1946. 1015 Pearce St is a home located in Shelby County with nearby schools including Manassas High School, Memphis Scholars Caldwell-Guthrie, and Perea Elementary School.

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