NOT LISTED FOR SALE

Estimated Value: $282,000 - $301,000

3 Beds
2 Baths
2,200-2,399 Sq Ft
$121/Sq Ft Est. Value

Last Sold July 29, 2020

Last sale price $222,000 $93 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,677/month

Highlights

  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • Whirlpool Bathtub
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Separate Formal Living Room

About This Home

As of July 2020

This amazing 3/2 Bedroom with a 2 car garage home sits on a corner lot near a cove. The first floor has high ceilings in the great room area with a fireplace that is the perfect for entertaining or family time. The master bedroom is on the first floor and leads into a full master bath with his and her sinks. There is a 10x10 loft area upstairs that overlook the great room. Upstairs you have two spacious bedrooms with a huge bonus room that could be your entertainment center.

Last Agent to Sell the Property

Terrance Hill

eXp Realty, LLC License #323978 Listed on: 06/19/2020

eXp Realty, LLC

Last Buyer's Agent

Cassandra Bell-Warren

4 Success Realty, LLC License #289692

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,687

Year Built

  • Built in 2005

Lot Details

  • 6,970 Sq Ft Lot
  • Wood Fence
  • Corner Lot

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,210 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Play Room
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Franklin Farms Pd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 096621 A00039

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,687

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 794A
  • MAAR Subdivision Name: FRANKLIN FARMS
  • List Price Per Sq Ft: 100
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 100.45
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2210
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, Play Room/Rec Room
  • Additional Bedroom Bathroom Info: Primary Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Vaulted/Coffered Ceilings
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: Gas Logs
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Den, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Other Rooms: Bonus Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub
  • P R I M A R Y B E D R O O M: Fireplace, Level 1, Vaulted/Coffered Ceiling, Walk-In Closet

Exterior Features

  • Misc Exterior: Wood Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Corner
  • Lot Number: 39
  • Acreage: 0.16
  • Lot Size: 7092 SF 91 X 100
  • Price Per Acre: 1387500

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 096621 A00039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Jul 28, 2020
Sold by
Alridge Carl E and Aldridge Courtney L
Bought by
Smith Virgil D
Seller's Agent
Terrance Hill
eXp Realty, LLC
Buyer's Agent
Cassandra Bell-Warren
4 Success Realty, LLC
List Price
$215,000
Sold Price
$222,000
Premium/Discount to List
$7,000
3.26%
Current Estimated Value
$289,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,824
Avg. Annual Appreciation
5.23%
Original Mortgage
$217,979
Outstanding Balance
$195,004
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$93,962

Purchase Details

Closed on
Nov 8, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Aldridge Carl E and Aldridge Courtney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
4.06%
Mortgage Type
VA

Purchase Details

Closed on
May 5, 2011
Sold by
Morton Kennedy
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 29, 2005
Sold by
Mark Matthews Development Co Llc
Bought by
Morton Kennedy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,940
Interest Rate
5.54%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 11, 2005
Sold by
Califf Cary R
Bought by
Mark Matthews Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,720
Interest Rate
5.68%
Mortgage Type
Construction
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
Smith Virgil D $222,000 Regency Title & Escrow Llc
Aldridge Carl E $134,900 Servicelink
Federal Home Loan Mortgage Corporation $115,000 None Available
Morton Kennedy $178,900 Home Surety Title & Escrow L
Mark Matthews Development Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Virgil D $217,979
Previous Owner Aldridge Carl E $134,900
Previous Owner Morton Kennedy $140,940
Previous Owner Mark Matthews Development Llc $140,720
Closed Morton Kennedy $35,235
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2020 07/29/20 Sold $222,000 0.0% $101 / Sq Ft
06/22/2020 06/22/20 Price Changed $222,000 +3.3% $101 / Sq Ft
06/19/2020 06/19/20 For Sale $215,000 -- $98 / 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 $1,687 $73,250 $13,250 $60,000
2024 $1,687 $49,775 $8,750 $41,025
2023 $3,032 $49,775 $8,750 $41,025
2022 $3,032 $49,775 $8,750 $41,025
2021 $1,717 $49,775 $8,750 $41,025
2020 $2,984 $41,175 $8,750 $32,425
2019 $1,316 $41,175 $8,750 $32,425
2018 $1,316 $41,175 $8,750 $32,425
2017 $1,347 $41,175 $8,750 $32,425
2016 $1,532 $35,050 $0 $0
2014 $1,532 $35,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10079013

Memphis Area Association of REALTORS®

APN: 09-6621-A0-0039