NOT LISTED FOR SALE

1023 Parkland Rd Memphis, TN 38111

Orange Mound Neighborhood

Estimated Value: $90,331 - $104,000

2 Beds
1 Bath
908 Sq Ft
$109/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $85,000 $94 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $578/month

22 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Level Lot

About This Home

As of December 2021

Rent/move in ready. This property was fully rehabbed in 2019 Roof, Water Heater, Fully remodeled bathroom, Condenser, Furnace, New Security Door, Security Door - Side Door, LVP Flooring 2021, No Appliances on Site, House is in Rent/Move In Ready Condition. Projected cash flow of $800 and capital expenditures have been addressed, this home will be a welcomed addition to any portfolio.

Last Agent to Sell the Property

Stacey Berry

Keller Williams License #342511 Listed on: 10/28/2021

Keller Williams

Co-Listed By

Rik Berry

Keller Williams License #354664

Last Buyer's Agent

Glenn Stroupe

Kitchens Realty Group License #256830

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $483

Year Built

  • Built in 1947

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x145
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 908 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Laminate Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Fire and Smoke Detector
  • Termite Clearance
  • Iron Doors

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Messick Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059083 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$483

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 757D
  • MAAR Subdivision Name: MESSICK GARDENS
  • List Price Per Sq Ft: 89
  • Number Of Stories: 1
  • Price Per Sq Ft: 93.61
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 908
  • Termite Contract: Yes
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

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

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Vinyl Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Iron Door(s), Smoke Detector(s)
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Level
  • Lot Number: 29
  • Acreage: 0.16
  • Lot Size: 50X145
  • Price Per Acre: 506250

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 059083 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Dec 29, 2021
Sold by
Sabry Ramy
Bought by
Graham Anika
Seller's Agent
Stacey Berry
Keller Williams
Buyer's Agent
Glenn Stroupe
Kitchens Realty Group
List Price
$89,000
Sold Price
$85,000
Premium/Discount to List
-$4,000
-4.49%
Current Estimated Value
$98,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,302
Avg. Annual Appreciation
4.05%
Original Mortgage
$83,460
Outstanding Balance
$77,554
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$20,550

Purchase Details

Closed on
Dec 10, 2019
Sold by
Whitaker Jack
Bought by
Sabry Ramy

Purchase Details

Closed on
Nov 10, 2010
Sold by
Caliman Albes
Bought by
Albeca Investment Inc

Purchase Details

Closed on
Dec 4, 2009
Sold by
Deutsche Bank
Bought by
Caliman Albes

Purchase Details

Closed on
Jul 14, 2009
Sold by
Meeks Frank M and Meeks Judith A
Bought by
Deutsche Bank and Bankers Trust Company Of California

Purchase Details

Closed on
Jan 2, 2003
Sold by
R & M Memphis Lp
Bought by
1023 Parkland Avenue Land Trust and Memphis Escrow Co Inc

Purchase Details

Closed on
Dec 1, 1997
Sold by
Khleif Rod
Bought by
R & M Memphis Lp

Purchase Details

Closed on
Jan 3, 1997
Sold by
Meeks Frank M
Bought by
Khleif Rod

Purchase Details

Closed on
Jan 5, 1995
Bought by
Meeks Frank M
Source: Public Records

Range of Values:

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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
Graham Anika $85,000 Saddle Creek Title Llc
Sabry Ramy $57,000 None Available
Albeca Investment Inc -- None Available
Caliman Albes $7,900 None Available
Deutsche Bank $11,400 None Available
1023 Parkland Avenue Land Trust -- --
R & M Memphis Lp -- --
Khleif Rod -- --
Meeks Frank M $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Anika $83,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $85,000 +4.9% $94 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
11/12/2021 11/12/21 Price Changed $81,000 -3.5% $89 / Sq Ft
11/09/2021 11/09/21 Price Changed $83,900 -2.3% $92 / Sq Ft
11/03/2021 11/03/21 Price Changed $85,900 -2.9% $95 / Sq Ft
11/02/2021 11/02/21 Price Changed $88,500 -0.6% $97 / Sq Ft
10/28/2021 10/28/21 For Sale $89,000 +27.3% $98 / Sq Ft
03/29/2021 03/29/21 Sold $69,900 +7.7% $70 / Sq Ft
11/27/2019 11/27/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $64,900 -- $65 / 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 $483 $25,100 $2,450 $22,650
2024 $483 $14,250 $1,000 $13,250
2023 $868 $14,250 $1,000 $13,250
2022 $868 $14,250 $1,000 $13,250
2021 $387 $14,250 $1,000 $13,250
2020 $272 $8,500 $1,000 $7,500
2019 $272 $8,500 $1,000 $7,500
2018 $272 $8,500 $1,000 $7,500
2017 $278 $8,500 $1,000 $7,500
2016 $369 $8,450 $0 $0
2014 $369 $8,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stacey Berry

    Seller's Agent in 2021

    Stacey Berry

    Keller Williams

    (901) 481-6420

    5 in this area

    206 Total Sales

    Section Image

  • D

    Seller's Agent in 2021

    David Dickten

    Harvest Realty

    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Rik Berry

    Keller Williams

    (901) 461-6421

    4 in this area

    161 Total Sales

    Section Image

  • G

    Buyer's Agent in 2021

    Glenn Stroupe

    Kitchens Realty Group

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10111627

Memphis Area Association of REALTORS®

APN: 05-9083-0-0005

Tennessee Shelby County Memphis 38111 Orange Mound

1023 Parkland Rd, Memphis, TN

This home is located at 1023 Parkland Rd, Memphis, TN 38111 since 28 October 2021 and is currently estimated at $99,083, approximately $109 per square foot. This property was built in 1947. 1023 Parkland Rd is a home located in Shelby County with nearby schools including Cherokee Elementary School, Sherwood Middle, and Melrose High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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