NOT LISTED FOR SALE

Estimated Value: $88,000 - $158,000

6 Beds
2 Baths
1,901 Sq Ft
$67/Sq Ft Est. Value

Last Sold February 04, 2013

Last sale price $20,299 $11 Per Sq Ft

Est. 525% increase in value since last sale

Current estimated payment $768/month

About This Home

As of February 2013

REO PROPERTY-BANK OWNED. PROPERTY SOLD "AS IS". The Listing Broker & Seller assume no responsibility & make no guarantees, warranties or representations as to accuracy of the property information or photographs. Buyer to turn on Utilities for INSPECTIONS.

Last Agent to Sell the Property

Georgia Landry

Trek Property Management License #286174 Listed on: 11/08/2012

Last Buyer's Agent

Frank Whitington

Whitington Company License #252034

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $989

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 70 x 130

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,901 Sq Ft Home
  • 1-Story Property

Community Details

  • 2 Units
  • Joe Shankman's Palmer Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 042038 00093

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$989

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Multi-Family
  • MLS Map #: 742D
  • MAAR Subdivision Name: PALMER HILLS
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1901
  • Year Built: 1948
  • Construction: Brick
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking Facility: Detached

Lot Info

  • Lot Number: 1
  • Lot Size: 70 X 130
  • Land Sq Ft: 9100

Tax Info

  • Assessor Parcel Number: 042038 00093

Multi Family

  • Total Number Of Units: 2
  • Number1 Bedroom Units: 2
  • Number2 Bedroom Units: 2
  • Number Efficiency Studio Units: 2
  • Type of Unit: 2 BR - 1 Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2013
Sold by
Gilligan Matthew
Bought by
Gm Property Llc
Current Estimated Value
$126,876

Purchase Details

Listed on
Nov 8, 2012
Closed on
Jan 23, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Gilligan Matthew
Seller's Agent
Georgia Landry
Trek Property Management
Buyer's Agent
Frank Whitington
Whitington Company
List Price
$25,000
Sold Price
$20,299
Premium/Discount to List
-$4,701
-18.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.21%

Purchase Details

Closed on
Aug 20, 2012
Sold by
King Larry G and Conway Mary Lee
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 29, 2007
Sold by
King Savannah
Bought by
King Larry G

Purchase Details

Closed on
Mar 31, 2006
Sold by
King Larry G
Bought by
King Savannah
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
Gm Property Llc -- None Available
Gilligan Matthew $20,299 None Available
Deutsche Bank National Trust Company $31,000 None Available
King Larry G -- None Available
King Savannah -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Larry G $55,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2013 02/04/13 Sold $20,299 -18.8% $11 / Sq Ft
01/04/2013 01/04/13 Pending -- -- --
11/08/2012 11/08/12 For Sale $25,000 -- $13 / 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 $989 $51,040 $4,320 $46,720
2024 $989 $29,160 $2,200 $26,960
2023 $1,776 $29,160 $2,200 $26,960
2022 $1,776 $29,160 $2,200 $26,960
2021 $1,797 $29,160 $2,200 $26,960
2020 $2,029 $28,000 $2,200 $25,800
2019 $2,029 $28,000 $2,200 $25,800
2018 $2,029 $28,000 $2,200 $25,800
2017 $1,151 $28,000 $2,200 $25,800
2016 $1,383 $31,640 $0 $0
2014 $1,383 $31,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3259479

Memphis Area Association of REALTORS®

APN: 04-2038-0-0093