NOT LISTED FOR SALE

1050 E Shankman Cir Memphis, TN 38108

Hyde Park Neighborhood

Estimated Value: $92,000 - $125,031

3 Beds
2 Baths
1,800-1,999 Sq Ft
$56/Sq Ft Est. Value

Last Sold June 17, 2014

Last sale price $17,700 $9 Per Sq Ft

Est. 537% increase in value since last sale

Current estimated payment $676/month

137 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System
  • Wood Flooring
  • Eat-In Kitchen
  • Level Lot

About This Home

As of June 2014

Seller will pay up to 3% in buyer closing cost. Down payment as low as $100 if owner occupant and financing with FHA. Property built in 1947. Equal Housing Opportunity. Room sizes are estimated. Sq Ft of 1874 provided by HUD

Last Agent to Sell the Property

Chad Engelke

United Real Estate Mid South License #314041 Listed on: 01/06/2014

United Real Estate Mid South

Co-Listed By

Ed Engelke

United Real Estate Mid South License #309830

Last Buyer's Agent

Jessica Buffington

HelloHome License #320624

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $738

Year Built

  • Built in 1947

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 72x100
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,828 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Eat-In Kitchen

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Joe Shankermans Palmer Hills 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 042041 00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$738

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 #: 742D
  • MAAR Subdivision Name: PALMER HILLS 2ND ADD
  • Freestanding: Yes
  • List Price Per Sq Ft: 10
  • Number Of Stories: 1
  • Price Per Sq Ft: 9.68
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1828
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 2

Exterior Features

  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 87
  • Acreage: 0.16
  • Lot Size: 72X100
  • Price Per Acre: 112500

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 042041 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2014
Closed on
Jul 5, 2014
Sold by
Mid South Homebuyers Inc
Bought by
Maria Diane Marie Santa
Seller's Agent
Chad Engelke
United Real Estate Mid South
Buyer's Agent
Jessica Buffington
HelloHome
List Price
$20,900
Sold Price
$17,700
Premium/Discount to List
-$3,200
-15.31%
Current Estimated Value
$112,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,058
Avg. Annual Appreciation
19.29%
Original Mortgage
$44,775
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2014
Closed on
Jun 17, 2014
Sold by
Donovan Shaun
Bought by
Mid South Homebuyers Inc
Seller's Agent
Chad Engelke
United Real Estate Mid South
Buyer's Agent
Jessica Buffington
HelloHome
List Price
$20,900
Sold Price
$17,700
Premium/Discount to List
-$3,200
-15.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,775
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2013
Sold by
Harris Willie E and Harris Charlie
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Mar 20, 1995
Bought by
Charlie Harris and Charlie Willie
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
Maria Diane Marie Santa $59,700 Saddle Creek Title Llc
Mid South Homebuyers Inc $17,700 None Available
The Secretary Of Hud $44,287 None Available
Charlie Harris $51,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maria Diane Marie Santa $44,775
Previous Owner Mid South Homebuyers Inc $43,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2014 06/17/14 Sold $17,700 -15.3% $10 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $20,900 -- $12 / 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 $738 $31,000 $2,700 $28,300
2024 $738 $21,775 $1,375 $20,400
2023 $1,326 $21,775 $1,375 $20,400
2022 $1,326 $21,775 $1,375 $20,400
2021 $1,342 $21,775 $1,375 $20,400
2020 $1,078 $14,875 $1,375 $13,500
2019 $1,078 $14,875 $1,375 $13,500
2018 $1,078 $14,875 $1,375 $13,500
2017 $611 $14,875 $1,375 $13,500
2016 $642 $14,700 $0 $0
2014 $642 $14,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Engelke

    Seller's Agent in 2014

    Chad Engelke

    United Real Estate Mid South

    (901) 490-2760

    65 Total Sales

    Chad Engelke
    Section Image
  • Ed Engelke

    Seller Co-Listing Agent in 2014

    Ed Engelke

    United Real Estate Mid South

    (901) 338-9814

    2 in this area

    139 Total Sales

    Ed Engelke
    Section Image
  • Jessica Buffington

    Buyer's Agent in 2014

    Jessica Buffington

    HelloHome

    (901) 282-8443

    65 Total Sales

    Jessica Buffington
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3287996

Memphis Area Association of REALTORS®

APN: 04-2041-0-0017

Tennessee Shelby County Memphis 38108 Hyde Park

1050 E Shankman Cir, Memphis, TN

This home is located at 1050 E Shankman Cir, Memphis, TN 38108 since 06 January 2014 and is currently estimated at $112,758, approximately $56 per square foot. This property was built in 1947. 1050 E Shankman Cir is a home located in Shelby County with nearby schools including Snowden School, Manassas High School, and Promise Academy.

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