NOT LISTED FOR SALE

Estimated Value: $78,000 - $86,000

6 Beds
2 Baths
1,827 Sq Ft
$44/Sq Ft Est. Value

Last Sold April 02, 2013

Last sale price $6,500 $4 Per Sq Ft

Est. 1,142% increase in value since last sale

Current estimated payment $447/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • 1 Car Attached Garage
  • Separate Formal Living Room
  • Porch
  • Central Heating and Cooling System

About This Home

As of April 2013

Great investment opportunity; large home all on one level; formerly used as a boarding house; needs total rehabb; source of funds letter required with all offers.

Last Agent to Sell the Property

Barry Less

Leco Realty, Inc. License #281548 Listed on: 02/19/2013

Last Buyer's Agent

Evelyn Wall

First National Realty, REALTOR License #256164

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $198

Year Built

  • Built in 1908

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 161
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,827 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Woodruff S/D Blk 3 Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 027011 00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$198

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 741B
  • MAAR Subdivision Name: WOODRUFF BLK 3
  • Corporate Own: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 3.56
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1827
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 6
  • Bedrooms Down: 6
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition, Wood Window(s), Aluminum Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: S PT 15
  • Acreage: 0.18
  • Lot Size: 50 X 161

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 027011 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2013
Closed on
Mar 27, 2013
Sold by
Wells Fargo Bank Na
Bought by
Story Alcia N
Seller's Agent
Barry Less
Leco Realty, Inc.
Buyer's Agent
Evelyn Wall
First National Realty, REALTOR
List Price
$6,500
Sold Price
$6,500
Current Estimated Value
$80,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,244
Avg. Annual Appreciation
22.33%

Purchase Details

Closed on
Jan 31, 2013
Sold by
Douglas Sherita
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 30, 2006
Sold by
Vaughn Ray
Bought by
Douglas Sherita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
6.46%
Mortgage Type
Unknown

Purchase Details

Closed on
May 30, 2006
Sold by
Deutsche Bank National Trust Co
Bought by
Vaughn Ray

Purchase Details

Closed on
Jan 19, 2006
Sold by
Gray Edgar
Bought by
Deutsche Bank National Trust Co and Ameriquest Mortgage Securities Inc Asset
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
Story Alcia N $6,500 None Available
Wells Fargo Bank Na $10,000 None Available
Douglas Sherita $75,000 Equity Title & Escrow
Vaughn Ray $15,500 Equity Title & Escrow Co
Deutsche Bank National Trust Co $44,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Douglas Sherita $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2013 04/02/13 Sold $6,500 0.0% $4 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
02/19/2013 02/19/13 For Sale $6,500 -- $4 / 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 $198 $9,925 $1,800 $8,125
2024 $198 $5,850 $600 $5,250
2023 $356 $5,850 $600 $5,250
2022 $356 $5,850 $600 $5,250
2021 $361 $5,850 $600 $5,250
2020 $332 $4,575 $600 $3,975
2019 $332 $4,575 $600 $3,975
2018 $332 $4,575 $600 $3,975
2017 $188 $4,575 $600 $3,975
2016 $280 $6,400 $0 $0
2014 $280 $6,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3265562

Memphis Area Association of REALTORS®

APN: 02-7011-0-0016