NOT LISTED FOR SALE

Estimated Value: $94,000 - $116,000

4 Beds
2 Baths
1,000-1,199 Sq Ft
$88/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $62,000 $52 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $617/month

72 Days on Market

About This Home

As of April 2021

Attention investors! Check out this vacant investment opportunity. This is a 3beds/2baths in 38122, being sold as an investment opportunity! Please contact the Listing Agent at the number given above for appointments or instructions to enter.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 01/26/2021

Last Buyer's Agent

Lauren Vinson

Fast Track Realty, LLC License #343119

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $528

Year Built

  • Built in 1948

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x135

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,147 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Jackson Terrace 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038025 00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$528

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 751A
  • MAAR Subdivision Name: JACKSON TERRACE 2ND ADD
  • List Price Per Sq Ft: 57
  • Number Of Stories: 1
  • Price Per Sq Ft: 54.05
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1147
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Lot Info

  • Lot Number: 164
  • Acreage: 0.18
  • Lot Size: 60X135
  • Price Per Acre: 360556

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 038025 00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2025
Sold by
Balkunas Kenneth G and Balkunas Heather R
Bought by
Ken Balkunas Companies Llc
Current Estimated Value
$105,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,024,100
Outstanding Balance
$1,023,196
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
-$921,902

Purchase Details

Listed on
Jan 26, 2021
Closed on
Apr 16, 2021
Sold by
Diversified Income Strategy Fund Llc
Bought by
Balkunas Kenneth G and Balkunas Heather R
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Lauren Vinson
Fast Track Realty, LLC
List Price
$67,900
Sold Price
$62,000
Premium/Discount to List
-$5,900
-8.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.95%
Original Mortgage
$47,600
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 19, 2019
Closed on
Dec 17, 2019
Sold by
Equity Ventures Ll
Bought by
Diversified Income Strategy Fund Llc
Seller's Agent
Bradford Long
Keystone Realty, LLC
Buyer's Agent
Bradford Long
Keystone Realty, LLC
List Price
$54,722
Sold Price
$40,000
Premium/Discount to List
-$14,722
-26.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.38%

Purchase Details

Closed on
Mar 21, 2017
Sold by
Joyner Drew
Bought by
Equoity Vemnture3s Llc

Purchase Details

Listed on
Nov 25, 2013
Closed on
Jan 10, 2014
Sold by
Sangster Investments Llc
Bought by
Williams Jane A
Seller's Agent
Stephen Mansour
REMAX Experts
Buyer's Agent
Bill Stewart
REMAX Experts
List Price
$25,900
Sold Price
$7,500
Premium/Discount to List
-$18,400
-71.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.16%
Original Mortgage
$28,000
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 23, 2011
Sold by
Memphis Investment Rental Properties Llc
Bought by
Sangster Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2010
Sold by
Gardner William
Bought by
Memphis Investment Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 17, 2008
Sold by
Luther Paul
Bought by
Gardner William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,300
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2007
Sold by
King Annette and King Anthony
Bought by
Luther Paul

Purchase Details

Closed on
Oct 12, 2004
Sold by
Jasmc Investments
Bought by
King Anthony and King Annette

Purchase Details

Closed on
Jun 25, 2003
Sold by
Neely Sharon
Bought by
Jas Mc Investments

Purchase Details

Closed on
Mar 4, 2001
Sold by
Zager Rhona D
Bought by
Neely Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.11%
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
Ken Balkunas Companies Llc -- None Listed On Document
Balkunas Kenneth G $62,000 Local Title Llc
Diversified Income Strategy Fund Llc $800,000 Baymark T&E Svcs Llc
Equoity Vemnture3s Llc -- None Available
Williams Jane A $7,500 None Availabluiie
Sangster Investments Llc $100,000 None Available
Memphis Investment Rental Properties Llc $25,000 None Available
Gardner William $75,000 Fayette County Title Company
Luther Paul $36,000 Fayette County Title Company
King Anthony $49,000 Fayette County Title Company
Jas Mc Investments $43,900 Oaktree Title Llc
Neely Sharon $16,500 Fayette County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ken Balkunas Companies Llc $1,024,100
Previous Owner Balkunas Kenneth G $47,600
Previous Owner Williams Jane A $28,000
Previous Owner Sangster Investments Llc $50,000
Previous Owner Memphis Investment Rental Properties Llc $50,000
Previous Owner Memphis Investment Rental Properties Llc $60,000
Previous Owner Gardner William $92,300
Previous Owner Neely Sharon $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $62,000 -4.5% $62 / Sq Ft
02/05/2021 02/05/21 Price Changed $64,900 -4.4% $65 / Sq Ft
01/26/2021 01/26/21 For Sale $67,900 +69.8% $68 / Sq Ft
12/18/2019 12/18/19 Sold $40,000 -19.8% $40 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
11/15/2019 11/15/19 Price Changed $49,900 -7.1% $50 / Sq Ft
09/06/2019 09/06/19 Price Changed $53,722 -1.8% $54 / Sq Ft
08/19/2019 08/19/19 For Sale $54,722 +160.6% $55 / Sq Ft
12/20/2016 12/20/16 Sold $21,000 -16.0% $21 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $25,000 +233.3% $25 / Sq Ft
01/13/2014 01/13/14 Sold $7,500 -71.0% $8 / Sq Ft
01/04/2014 01/04/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $25,900 -- $26 / 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 $528 $26,425 $2,250 $24,175
2024 $528 $15,575 $1,125 $14,450
2023 $949 $15,575 $1,125 $14,450
2022 $949 $15,575 $1,125 $14,450
2021 $537 $15,575 $1,125 $14,450
2020 $739 $10,200 $1,125 $9,075
2019 $326 $10,200 $1,125 $9,075
2018 $326 $10,200 $1,125 $9,075
2017 $334 $10,200 $1,125 $9,075
2016 $336 $7,700 $0 $0
2014 $336 $7,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10092444

Memphis Area Association of REALTORS®

APN: 03-8025-0-0030