NOT LISTED FOR SALE

Estimated Value: $186,000 - $405,000

5 Beds
3.5 Baths
2,000-2,199 Sq Ft
$138/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $345,000 $157 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,790/month

25 Days on Market

Highlights

  • Gated Parking
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Traditional Architecture
  • Separate Formal Living Room
  • Security Gate

About This Home

As of January 2022

Great Investment Opportunity! Built in 2018. This home was built for student housing. Currently houses 5 students, each student pays $575 per month rent. Built with energy star standards, spray foam insulation walls and ceilings, energy efficient windows and doors, radiant barrier roof decking, LED lighting. Security system with cameras, gated entry.

Last Agent to Sell the Property

Billy Rodgers

Crye-Leike, Inc., REALTORS License #294739 Listed on: 11/17/2021

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

April Hua

Elm RE Investment License #327280

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 63x150
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,048 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Separate Formal Living Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Security Gate
  • Fire and Smoke Detector

Parking

  • Driveway
  • Gated Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Kennedy Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058058 00019

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Park
  • MAAR Subdivision Name: SHERWOOD FOREST
  • List Price Per Sq Ft: 171
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2048
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 1/2 Bath, 1 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Shared Bath, Smooth Ceiling, Tile Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Tile Floor
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Tile Floor
  • Bedroom 5 Description: Level 2, Shared Bath, Smooth Ceiling, Tile Floor
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Floors/Ceilings: Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: Security System, Smoke Detector(s)
  • Other Rooms: Laundry Room
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, Gated Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Burglar Alarm, Monitored Alarm System, Smoke Detector(s), Security Gate
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Level
  • Lot Number: 63
  • Acreage: 0.21
  • Lot Size: 63X150

Tax Info

  • Assessor Parcel Number: 058058 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Jan 13, 2022
Sold by
Hoskins Dale and Madden Robert
Bought by
Feng Tao and Hua Ying Gua
Seller's Agent
Billy Rodgers
Crye-Leike, Inc., REALTORS
Buyer's Agent
April Hua
Elm RE Investment
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Current Estimated Value
$303,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,074
Avg. Annual Appreciation
-2.97%
Original Mortgage
$258,750
Outstanding Balance
$238,470
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$65,456

Purchase Details

Closed on
Dec 8, 2017
Sold by
Alshugaa Belal
Bought by
Hoskins Dale and Madden Robert

Purchase Details

Closed on
Mar 22, 2011
Sold by
County Of Shelby
Bought by
Alshugaa Belal
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Feng Tao $345,000 Local Title & Closing Svcs
Hoskins Dale $23,500 Saddle Creek Title Llc
Alshugaa Belal $5,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feng Tao $258,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $345,000 -1.4% $173 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $350,000 -- $175 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,995 $82,250 $6,700 $75,550
2024 $1,995 $58,850 $4,750 $54,100
2023 $3,585 $58,850 $4,750 $54,100
2022 $3,585 $58,850 $4,750 $54,100
2021 $2,030 $58,850 $4,750 $54,100
2020 $1,137 $35,575 $2,800 $32,775
2019 $438 $13,700 $2,800 $10,900
2018 $89 $2,800 $2,800 $0
2017 $92 $2,800 $2,800 $0
2016 $126 $2,875 $0 $0
2014 $126 $2,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10112813

Memphis Area Association of REALTORS®

APN: 05-8058-0-0019

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