NOT LISTED FOR SALE

Estimated Value: $148,245 - $172,000

3 Beds
1.5 Baths
1,600-1,799 Sq Ft
$87/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $106,900 $59 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $888/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of February 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2020 standards! Target rent = $895 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: 12/25/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,618 Sq Ft Home
  • 1.5-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Runnimeade Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038053 00018

Home Details

Home Type

Single Family

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 #: 752A
  • MAAR Subdivision Name: RUNNIMEADE
  • List Price Per Sq Ft: 66
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 66.07
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1618
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Master Bedroom: Level 1
  • Total Bathrooms: 1.1

Exterior Features

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

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 44
  • Acreage: 0.17
  • Lot Size: 60X125
  • Price Per Acre: 628824

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 038053 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 25, 2020
Closed on
Feb 11, 2021
Sold by
Memphis Investment Properties Ii Llc
Bought by
Rallykat Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$106,900
Sold Price
$106,900
Current Estimated Value
$157,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,161
Avg. Annual Appreciation
8.66%
Original Mortgage
$78,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 25, 2020
Closed on
Dec 17, 2020
Sold by
Yukata Llc
Bought by
Memphis Investments Properties Ii Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$106,900
Sold Price
$106,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2012
Sold by
Global Presenting Llc
Bought by
Yutaka Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2012
Sold by
Johnson Wreford
Bought by
Global Presenting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2005
Sold by
Savage Carolyn
Bought by
Johnson Wreford
Source: Public Records

Range of Values:

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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
Rallykat Llc $106,900 Delta Title Services Llc
Memphis Investments Properties Ii Llc $44,000 Delta Title Services Llc
Yutaka Llc $54,000 --
Global Presenting Llc $315,000 None Available
Johnson Wreford $44,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investments Properties Ii Llc $78,000
Previous Owner Global Presenting Llc $181,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2021 02/11/21 Sold $106,900 0.0% $67 / Sq Ft
12/25/2020 12/25/20 Pending -- -- --
12/25/2020 12/25/20 For Sale $106,900 -- $67 / 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 -- $38,800 $3,425 $35,375
2024 $657 $19,375 $1,475 $17,900
2023 $1,180 $19,375 $1,475 $17,900
2022 $1,180 $19,375 $1,475 $17,900
2021 $503 $14,575 $1,475 $13,100
2020 $784 $10,825 $1,275 $9,550
2019 $346 $10,825 $1,275 $9,550
2018 $346 $10,825 $1,275 $9,550
2017 $354 $10,825 $1,275 $9,550
2016 $459 $10,500 $0 $0
2014 $459 $10,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10090881

Memphis Area Association of REALTORS®

APN: 03-8053-0-0018