NOT LISTED FOR SALE

1061 Morehead St Memphis, TN 38107

North Memphis Neighborhood

Estimated Value: $28,000 - $147,000

3 Beds
1 Bath
1,800-1,999 Sq Ft
$44/Sq Ft Est. Value

Last Sold February 01, 2012

Last sale price $5,800 $3 Per Sq Ft

Est. 1,422% increase in value since last sale

Current estimated payment $506/month

49 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • 1-Story Property
  • Wood Flooring
  • Level Lot

About This Home

As of February 2012

Great Investment Opportunity on this 3 Bedroom 1 Bath Brick Bungalow with large front porch. Clean ready to rent. SOLD AS IS. CASH OFFERS ONLY .60 Day Deed Restriction on Cash Sales

Last Agent to Sell the Property

Whit Simmons

Enterprise, REALTORS License #283430 Listed on: 10/13/2011

Last Buyer's Agent

Karma Lee

Adaro Realty, Inc. License #310790

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $281

Year Built

  • Built in 1925

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,814 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Wood Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Wm J Meyer Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021001 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$281

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 741B
  • MAAR Subdivision Name: WILLIAM MEYER
  • Number Of Stories: 1
  • Price Per Sq Ft: 3.2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1814
  • Year Built: 1925
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Lot Info

  • Lot Description: Level
  • Lot Number: 4
  • Acreage: 0.21
  • Lot Size: 47.23 X 200/196.3

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 021001 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2017
Sold by
Chancery Court Of Tennessee
Bought by
Flea Market Property Trust and Houston
Current Estimated Value
$88,279

Purchase Details

Listed on
Oct 13, 2011
Closed on
Jan 23, 2012
Sold by
The Bank Of New York Mellon
Bought by
Houston Sandra
Seller's Agent
Whit Simmons
Enterprise, REALTORS
Buyer's Agent
Karma Lee
Adaro Realty, Inc.
List Price
$7,900
Sold Price
$5,800
Premium/Discount to List
-$2,100
-26.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.75%

Purchase Details

Closed on
Sep 26, 2011
Sold by
Collins Shirley Hope
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Nov 30, 2004
Sold by
Els Construction
Bought by
Collins Shirley Hope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,260
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2004
Sold by
Monument Street Funding Ii Llc
Bought by
Els Construction

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,260
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2004
Sold by
Booker Connie F and Booker Calvin Lawrence
Bought by
Monument Street Funding Ii Llc

Purchase Details

Closed on
Jun 3, 1998
Sold by
Booker Connie F
Bought by
Booker Calvin Lawrence and Booker Connie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,700
Interest Rate
12.55%

Purchase Details

Closed on
Apr 18, 1996
Bought by
Memphis City Of Tax Sale #
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
Flea Market Property Trust $3,209 None Listed On Document
Houston Sandra $5,800 None Available
The Bank Of New York Mellon $45,000 None Available
Collins Shirley Hope $94,000 Nations Title Agency Of Tenn
Els Construction $16,975 --
Monument Street Funding Ii Llc $42,435 --
Booker Calvin Lawrence -- Equity Title & Escrow Co
Memphis City Of Tax Sale # $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Shirley Hope $74,260
Previous Owner Booker Connie F $51,600
Previous Owner Booker Calvin Lawrence $35,700
Previous Owner Booker Connie F $4,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2012 02/01/12 Sold $5,800 -26.6% $3 / Sq Ft
12/01/2011 12/01/11 Pending -- -- --
10/13/2011 10/13/11 For Sale $7,900 -- $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 $281 $10,150 $1,850 $8,300
2024 $281 $8,275 $625 $7,650
2023 $504 $8,275 $625 $7,650
2022 $504 $8,275 $625 $7,650
2021 $510 $8,275 $625 $7,650
2020 $464 $6,400 $625 $5,775
2019 $464 $6,400 $625 $5,775
2018 $464 $6,400 $625 $5,775
2017 $263 $6,400 $625 $5,775
2016 $285 $6,525 $0 $0
2014 $285 $6,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2012

    Whit Simmons

    Enterprise, REALTORS

    (901) 867-1000

    2 Total Sales

    Section Image

  • K

    Buyer's Agent in 2012

    Karma Lee

    Adaro Realty, Inc.

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3234110

Memphis Area Association of REALTORS®

APN: 02-1001-0-0013

Tennessee Shelby County Memphis 38107 North Memphis

1061 Morehead St, Memphis, TN

This home is located at 1061 Morehead St, Memphis, TN 38107 since 13 October 2011 and is currently estimated at $88,279, approximately $44 per square foot. This property was built in 1925. 1061 Morehead St is a home located in Shelby County with nearby schools including Manassas High School, Memphis Scholars Caldwell-Guthrie, and Perea Elementary School.

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