NOT LISTED FOR SALE

1089 Pearce St Memphis, TN 38107

North Memphis Neighborhood

Estimated Value: $61,440 - $75,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$57/Sq Ft Est. Value

Last Sold October 07, 2013

Last sale price $6,900 $6 Per Sq Ft

Est. 898% increase in value since last sale

Current estimated payment $385/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Patio
  • Wood Flooring
  • Some Wood Windows
  • Level Lot

About This Home

As of October 2013

**Great investment opportunity!** This 3bed traditional home has much to offer! Priced for a quick sale!

Last Agent to Sell the Property

Jessica Buffington

HelloHome License #320624 Listed on: 06/28/2013

Co-Listed By

Amy Hill

Fast Track Realty, LLC License #326013

Last Buyer's Agent

Tarsha Coleman

BEST Real Estate Company License #287435

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $230

Year Built

  • Built in 1952

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 55 x 196
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,433 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Rannie Nelson S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027036 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$230

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 741B
  • MAAR Subdivision Name: RANNIE NELSON
  • Number Of Stories: 1
  • Price Per Sq Ft: 4.82
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1433
  • Year Built: 1952
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1/2 Bath, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Cable Wired
  • Living Dining Kitchen: Separate Living Room, Pantry
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 2
  • Acreage: 0.24
  • Lot Size: 55 X 196

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 027036 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2015
Sold by
Franklin Brandon
Bought by
Evans Brigitte Lashette
Current Estimated Value
$68,860

Purchase Details

Closed on
Jun 30, 2014
Sold by
Harrison Christopher
Bought by
Franklin Brandon

Purchase Details

Listed on
Jun 28, 2013
Closed on
Oct 8, 2013
Sold by
Alliance Real Estate Investments Llc
Bought by
Harrison Christopher
Seller's Agent
Jessica Buffington
HelloHome
Buyer's Agent
Tarsha Coleman
BEST Real Estate Company
List Price
$10,000
Sold Price
$6,900
Premium/Discount to List
-$3,100
-31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.11%

Purchase Details

Listed on
Jun 28, 2013
Closed on
Sep 25, 2013
Sold by
Alliance Re Holdings Llc
Bought by
Alliance Real Estate Investments Llc
Seller's Agent
Jessica Buffington
HelloHome
Buyer's Agent
Tarsha Coleman
BEST Real Estate Company
List Price
$10,000
Sold Price
$6,900
Premium/Discount to List
-$3,100
-31%

Purchase Details

Closed on
May 3, 2011
Sold by
Reo Property Company L P
Bought by
Alliance Re Holdings Llc

Purchase Details

Closed on
Jun 30, 2010
Sold by
Umth Lending Company Lp
Bought by
Reo Properties Lp

Purchase Details

Closed on
Apr 28, 2010
Sold by
Cobbs Michael Ray
Bought by
Umth Lending Company

Purchase Details

Closed on
Mar 24, 2010
Sold by
Greer Sadie P
Bought by
Cobbs Michael Ray

Purchase Details

Closed on
Oct 2, 2009
Sold by
Payne Derrick D
Bought by
Umth Lending Company Lp

Purchase Details

Closed on
Aug 15, 2006
Sold by
Bruce Carlos D
Bought by
Payne Derrick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,502
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2005
Sold by
Thomas Charlie C
Bought by
Hud

Purchase Details

Closed on
Jan 15, 1998
Sold by
Cooper Eric H
Bought by
Thomas Charlie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,437
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 1996
Sold by
Kirsch Joe M
Bought by
Hud
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
Evans Brigitte Lashette $10,500 Nexus Title & Escrow Llc
Franklin Brandon -- None Available
Harrison Christopher $6,900 None Available
Alliance Real Estate Investments Llc -- None Available
Alliance Re Holdings Llc $17,319 None Available
Reo Properties Lp $39,710 None Available
Umth Lending Company -- None Available
Cobbs Michael Ray -- None Available
Umth Lending Company Lp $39,710 None Available
Payne Derrick D $30,900 None Available
Hud $46,631 --
Thomas Charlie C $45,000 --
Hud $31,719 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Payne Derrick D $44,502
Previous Owner Thomas Charlie C $46,437
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2013 10/07/13 Sold $6,900 -31.0% $7 / Sq Ft
09/20/2013 09/20/13 Pending -- -- --
06/28/2013 06/28/13 For Sale $10,000 -- $10 / 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 $230 $12,475 $1,925 $10,550
2024 $230 $6,775 $650 $6,125
2023 $413 $6,775 $650 $6,125
2022 $413 $6,775 $650 $6,125
2021 $418 $6,775 $650 $6,125
2020 $382 $5,275 $650 $4,625
2019 $382 $5,275 $650 $4,625
2018 $382 $5,275 $650 $4,625
2017 $217 $5,275 $650 $4,625
2016 $189 $4,325 $0 $0
2014 $189 $4,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Buffington

    Seller's Agent in 2013

    Jessica Buffington

    HelloHome

    (901) 282-8443

    62 Total Sales

    Jessica Buffington
    Section Image

  • A

    Seller Co-Listing Agent in 2013

    Amy Hill

    Fast Track Realty, LLC

    (901) 461-8566

    1 in this area

    42 Total Sales

    Amy Hill
    Section Image
  • Tarsha Coleman

    Buyer's Agent in 2013

    Tarsha Coleman

    BEST Real Estate Company

    (901) 239-4009

    47 Total Sales

    Tarsha Coleman
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3275226

Memphis Area Association of REALTORS®

APN: 02-7036-0-0004

Tennessee Shelby County Memphis 38107 North Memphis

1089 Pearce St, Memphis, TN

This home is located at 1089 Pearce St, Memphis, TN 38107 since 28 June 2013 and is currently estimated at $68,860, approximately $57 per square foot. This property was built in 1952. 1089 Pearce St is a home located in Shelby County with nearby schools including Manassas High School, Memphis Scholars Caldwell-Guthrie, and Perea Elementary 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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