$49,000
SOLD FEB 27, 2025
3 Beds
1.5 Baths
1,582 Sq Ft
50 Acres

Recently Sold

$31 Per Sq Ft

26% Below List Price

80 Days on Market

About This Home

As of February 2025

Located close to the University of Lambuth Memphis campus and downtown.

Last Agent to Sell the Property

Todd Clouser

RE/MAX Realty Source License #289961 Listed on: 12/02/2024

RE/MAX Realty Source

Last Buyer's Agent

Ginger Williams

Town and Country License #351339

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $665

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 50 x 175

Interior Spaces

  • 1,582 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Community Details

  • Burkett Addition Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 077L C 022.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$665

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Co List Office Phone: 731-668-7500
  • MLS Status: Closed
  • Subdivision Name: Burkett Addition
  • Carport Y N: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 664.76
  • Location Tax and Legal Parcel Number2: 077L C 022.00
  • General Property Information:Bathrooms Half: 1
  • General Property Information Accessibility Features YN2: No
  • General Property Information Lot Size Dimensions: 50 X 175
  • General Property Information New Construction YN: No
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information:Stories Total: 1
  • General Property Information Carport YN: Yes
  • General Property Information Carport Spaces2: 2.0
  • Levels:One: Yes
  • Main Room Levels Main Level Bathrooms: 1
  • Main Room Levels Main Level Bedrooms: 3
  • Room Types Primary Bedroom Level: Main
  • General Property Information Home Warranty YN: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 2.0

Lot Info

  • Parcel Number: 077L C 022.00
  • Lot Dimensions: 50 X 175

Tax Info

  • Tax Annual Amount: 664.76
  • Tax Book Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Feb 25, 2025
Sold by
Towd Point Mortgage Trust and Us Bank National Association
Bought by
Live Oak Properties Llc
Seller's Agent
Todd Clouser
RE/MAX Realty Source
Buyer's Agent
Ginger Williams
Town and Country
List Price
$66,000
Sold Price
$49,000
Premium/Discount to List
-$17,000
-25.76%
Views
119
Current Estimated Value
$95,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,502
Avg. Annual Appreciation
219.66%

Purchase Details

Closed on
Jul 25, 2024
Sold by
Llg Trustee Tn Llc
Bought by
Towd Point Mortgage Trust and Us Bank National Association

Purchase Details

Closed on
Sep 10, 1992
Bought by
Williams Cassie and Dewayne Price

Purchase Details

Closed on
Feb 21, 1992
Bought by
Veterans Affairs

Purchase Details

Closed on
Feb 18, 1988
Bought by
Meacham Walter J

Purchase Details

Closed on
Jul 12, 1984
Bought by
Hoskins Janet R

Purchase Details

Closed on
Sep 7, 1976

Purchase Details

Closed on
Jan 1, 1976

Purchase Details

Closed on
Jul 6, 1954
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 Type Sale Price Title Company
Special Warranty Deed $49,000 None Listed On Document
Special Warranty Deed $49,000 None Listed On Document
Trustee Deed $32,085 None Listed On Document
Warranty Deed $30,000 --
Deed -- --
Warranty Deed $41,000 --
Deed -- --
Deed -- --
Warranty Deed $28,300 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $77,368 No Value Available
Previous Owner $63,935 No Value Available
Previous Owner $58,456 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Sold $49,000 0.0% $31 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
02/05/2025 02/05/25 Price Changed $49,000 -12.5% $31 / Sq Ft
01/09/2025 01/09/25 Price Changed $56,000 -15.2% $35 / Sq Ft
12/02/2024 12/02/24 For Sale $66,000 -- $42 / Sq Ft
Source: Central West Tennessee 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
2024 $357 $19,075 $1,775 $17,300
2022 $664 $19,075 $1,775 $17,300
2021 $592 $13,725 $1,125 $12,600
2020 $592 $13,725 $1,125 $12,600
2019 $592 $13,725 $1,125 $12,600
2018 $592 $13,725 $1,125 $12,600
2017 $558 $12,650 $1,125 $11,525
2016 $520 $12,650 $1,125 $11,525
2015 $520 $12,650 $1,125 $11,525
2014 $520 $12,650 $1,125 $11,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 247462

Central West Tennessee Association of REALTORS®

APN: 077L-C-022.00