NOT LISTED FOR SALE

Estimated Value: $108,000 - $122,000

2 Beds
1 Bath
100-999 Sq Ft
$114/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $118,000 $118 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $661/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Partially Carpeted
  • Level Lot
  • Central Heating and Cooling System
  • Wood Fence
  • 1-Story Property

About This Home

As of May 2024

Terrific opportunity! 2 bed 1 bath updated with new roof. Home offers new bathroom (new vanity, new floor, fresh tile.) New appliances. New LVP flooring. Fresh paint. Many other updates as well (fans, lights misc items etc.) Take a look at the pictures to see more. Owner/Agent

Last Listed By

James Anson Underwood

Crye-Leike, Inc., REALTORS License #296115 Listed on: 03/04/2024

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $356

Year Built

  • Built in 1947

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Wood Fence
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 100-999 Sq Ft Home
  • 785 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Shelby Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038073 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$356

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752E
  • MAAR Subdivision Name: SHELBY TERRACE
  • Number Of Stories: 1
  • Price Per Sq Ft: 150.32
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 785
  • Year Built: 1947
  • List Price/ Sq Ft: 150
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Floors/Ceilings: Part Carpet, Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wood Fence
  • Exterior Windows: Vinyl Siding
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 96
  • Acreage: 0.17
  • Lot Size: 60X125
  • Price Per Acre: 692941

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 038073 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
May 1, 2024
Sold by
Wolf River Properties Llc
Bought by
Touch Ly
Seller's Agent
James Anson Underwood
Crye-Leike, Inc., REALTORS
Buyer's Agent
KC Lam
Cordova Realty, Inc.
List Price
$117,800
Sold Price
$118,000
Premium/Discount to List
$200
0.17%
Total Days on Market
12
Views
52
Current Estimated Value
$113,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,123
Avg. Annual Appreciation
-3.49%
Original Mortgage
$70,000
Outstanding Balance
$50,116
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$63,761

Purchase Details

Listed on
Apr 20, 2015
Closed on
Jun 15, 2015
Sold by
Imax Properties Llc
Bought by
Wolf River Properties Llc
Seller's Agent
George Merryfield
Leco Realty, Inc.
Buyer's Agent
Joseph Burstyne
Crye-Leike, Inc., REALTORS
List Price
$25,900
Sold Price
$23,983
Premium/Discount to List
-$1,917
-7.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.65%

Purchase Details

Closed on
Jun 16, 2009
Sold by
Guthrie Curtis B and Guthrie Christine J
Bought by
Imax Properties Llc

Purchase Details

Closed on
Jul 21, 2005
Sold by
Riley Stacie J
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
Aug 31, 1999
Sold by
Williams Rae L
Bought by
Riley Stacie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,599
Interest Rate
7.73%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 1996
Bought by
Jones Paul B and Jones Phyllis H

Range of Values:

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Average Value
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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
Touch Ly $118,000 Quality Title Group
Wolf River Properties Llc $157,000 Coventry Escrow & Title Co L
Imax Properties Llc $198,750 Mid South Title Services Llc
Tennessee Housing Development Agency $49,314 --
Riley Stacie J $49,000 Southern Trust Title Company
Jones Paul B $39,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Touch Ly $70,000
Previous Owner Wolf River Properties Llc $152,750
Previous Owner Guthrie Curtis B $36,400
Previous Owner Riley Stacie J $3,538
Previous Owner Riley Stacie J $48,599
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $118,000 +0.2% $1,180 / Sq Ft
03/04/2024 03/04/24 For Sale $117,800 +391.2% $1,178 / Sq Ft
06/15/2015 06/15/15 Sold $23,983 -7.4% $31 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $25,900 -- $33 / 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
2024 $356 $10,500 $1,625 $8,875
2023 $640 $10,500 $1,625 $8,875
2022 $640 $10,500 $1,625 $8,875
2021 $647 $10,500 $1,625 $8,875
2020 $585 $8,075 $1,625 $6,450
2019 $585 $8,075 $1,625 $6,450
2018 $585 $8,075 $1,625 $6,450
2017 $332 $8,075 $1,625 $6,450
2016 $255 $5,825 $0 $0
2014 $317 $7,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Memphis Area Association of REALTORS®

MLS Number: 10167096

Memphis Area Association of REALTORS®

APN: 03-8073-0-0015