$80,900
SOLD JUL 19, 2021
2 Beds
1 Bath
1,000-1,199 Sq Ft
1.23 Acres

Recently Sold

$67 Per Sq Ft

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Some Wood Windows
  • 1.23 Acre Lot
  • Den
  • Tile Flooring

About This Home

As of July 2025

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $695 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 04/16/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $514

Year Built

  • Built in 1940

Lot Details

  • 1.23 Acre Lot
  • Lot Dimensions are 90x595
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,075 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Thomas Billops Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075088 00031

Home Details

Home Type

Single Family

Est. Annual Taxes

$514

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 761B
  • MAAR Subdivision Name: Thomas Billops
  • List Price Per Sq Ft: 75
  • Number Of Stories: 1
  • Price Per Sq Ft: 75.26
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1075
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Lot Description: Level
  • Lot Number: 8
  • Acreage: 1.23
  • Lot Size: 90X595
  • Price Per Acre: 65772

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 075088 00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jul 3, 2021
Sold by
Memphis Investment Properties Iii Llc
Bought by
Sheth Jay and Sheth Payal
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$80,900
Sold Price
$80,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$64,720
Outstanding Balance
$59,104
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$34,467

Purchase Details

Closed on
Apr 7, 2021
Sold by
Batchelor Shirley J
Bought by
Memphis Investment Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 8, 2006
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Batchelor Shirley J

Purchase Details

Closed on
Dec 12, 2005
Sold by
Lee Alice M and Tri State Bank Of Memphis Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 15, 1996
Bought by
Batchelor Shirley J
Source: Public Records

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Range of Values:

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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
Warranty Deed $80,900 Delta Title Services Llc
Warranty Deed $25,000 Closetrak
Corporate Deed $12,500 Associates Closing & Title H
Trustee Deed $24,194 --
Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $64,720 New Conventional
Previous Owner $55,000 Commercial
Previous Owner $55,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Sold $75,000 0.0% $75 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
06/04/2025 06/04/25 Price Changed $75,000 -11.8% $75 / Sq Ft
05/27/2025 05/27/25 For Sale $85,000 0.0% $85 / Sq Ft
05/27/2025 05/27/25 Price Changed $85,000 -13.2% $85 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
05/02/2025 05/02/25 Price Changed $97,900 -2.0% $98 / Sq Ft
04/10/2025 04/10/25 For Sale $99,900 +23.5% $100 / Sq Ft
07/19/2021 07/19/21 Sold $80,900 0.0% $81 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $80,900 -- $81 / 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 $514 $17,300 $2,475 $14,825
2024 $514 $15,150 $2,000 $13,150
2023 $923 $15,150 $2,000 $13,150
2022 $923 $15,150 $2,000 $13,150
2021 $280 $4,550 $2,000 $2,550
2020 $284 $3,925 $1,825 $2,100
2019 $125 $3,925 $1,825 $2,100
2018 $125 $3,925 $1,825 $2,100
2017 $128 $3,925 $1,825 $2,100
2016 $172 $3,925 $0 $0
2014 $172 $3,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10097719

Memphis Area Association of REALTORS®

APN: 07-5088-0-0031