NOT LISTED FOR SALE

1079 University St Memphis, TN 38107

Hyde Park Neighborhood

Estimated Value: $102,817 - $154,000

2 Beds
1 Bath
1,005 Sq Ft
$126/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $23,000 $23 Per Sq Ft

Est. 452% increase in value since last sale

Current estimated payment $756/month

23 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring
  • Porch
  • 3-minute walk to University Park

About This Home

As of February 2015

Good looking 2 bedroom brick home that rents for $600 per month. Can be sold with 1053 Oakview as a package. Excellent opportunity and in very good condition recently painted, like new roof and wood floors throughout. Don't miss this opportunity. Have buyers Drive by and if they are interested call listing agent for more information.

Last Agent to Sell the Property

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 01/05/2015

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Lisa Haley

Keystone Realty, LLC License #255150

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $780

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,005 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Porch
  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 041029 00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$780

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 #: 742D
  • List Price Per Sq Ft: 23
  • Number Of Stories: 1
  • Price Per Sq Ft: 22.89
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1005
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Misc Interior: Excl Some Window Treatmnt
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Floor Furnace
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Acreage: 0.16
  • Lot Size: 50X140
  • Price Per Acre: 143750

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 041029 00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2017
Sold by
Joyner Drew
Bought by
Equity Ventures Llc
Current Estimated Value
$126,954

Purchase Details

Closed on
Feb 29, 2012
Sold by
Stonecresst Income & Opportunity Fund I
Bought by
Smith Kenneth Ray

Purchase Details

Closed on
Sep 20, 2011
Sold by
Reo Property Company L P
Bought by
Stonecrest Income & Opportunity Fund 1 L

Purchase Details

Closed on
Sep 15, 2010
Sold by
Umth Lending Company L P
Bought by
Reo Property Company L P

Purchase Details

Closed on
Aug 4, 2009
Sold by
Lanos Charles E and Lanos Rolanda K
Bought by
Umth Lending Company Lp

Purchase Details

Closed on
Jun 19, 2007
Sold by
Lanos Charles E
Bought by
Lanos Charles E and Lanos Rolanda K

Purchase Details

Closed on
Sep 14, 2006
Sold by
Jpmorgan Chase Bank
Bought by
Lanos Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,379
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2006
Sold by
Irby Sylvester
Bought by
Jpmorgan Chase Bank

Purchase Details

Closed on
May 30, 1997
Sold by
United Companies Lending Corp
Bought by
Irby Sylvester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,900
Interest Rate
8.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 23, 1996
Sold by
Crislip James A
Bought by
United Companies Lending Corp
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
Equity Ventures Llc -- None Available
Smith Kenneth Ray $1,800 None Available
Stonecrest Income & Opportunity Fund 1 L $4,000 None Available
Reo Property Company L P $42,000 Chicago Title Insurance Co
Umth Lending Company Lp $42,000 None Available
Lanos Charles E -- None Available
Lanos Charles E $27,000 Resource Title Agency Of Tn
Jpmorgan Chase Bank $44,000 None Available
Irby Sylvester $39,750 Tri State Title & Escrow Inc
United Companies Lending Corp $30,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lanos Charles E $39,379
Previous Owner Irby Sylvester $68,000
Previous Owner Irby Sylvester $59,200
Previous Owner Irby Sylvester $38,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2015 02/26/15 Sold $23,000 0.0% $23 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $23,000 -- $23 / 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 $780 $26,200 $7,875 $18,325
2024 $780 $23,000 $2,350 $20,650
2023 $1,401 $23,000 $2,350 $20,650
2022 $1,401 $23,000 $2,350 $20,650
2021 $794 $23,000 $2,350 $20,650
2020 $589 $8,125 $2,350 $5,775
2019 $260 $8,125 $2,350 $5,775
2018 $260 $8,125 $2,350 $5,775
2017 $551 $16,850 $2,350 $14,500
2016 $598 $13,675 $0 $0
2014 $598 $13,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmie Tapley

    Seller's Agent in 2015

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    9 in this area

    276 Total Sales

    Section Image
  • Lisa Haley

    Buyer's Agent in 2015

    Lisa Haley

    Keystone Realty, LLC

    (901) 553-4237

    15 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9942619

Memphis Area Association of REALTORS®

APN: 04-1029-0-0024

Tennessee Shelby County Memphis 38107 Hyde Park

1079 University St, Memphis, TN

This home is located at 1079 University St, Memphis, TN 38107 since 05 January 2015 and is currently estimated at $126,954, approximately $126 per square foot. This property was built in 1940. 1079 University St is a home located in Shelby County with nearby schools including Vollentine Elementary School, Grandview Heights Middle, and Manassas High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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