NOT LISTED FOR SALE

Estimated Value: $89,000 - $137,000

3 Beds
1 Bath
100-999 Sq Ft
$110/Sq Ft Est. Value

Last Sold February 14, 2019

Last sale price $44,000 $44 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $632/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Central Heating and Cooling System
  • Wood Flooring
  • Separate Formal Living Room
  • 1 Car Garage

About This Home

As of February 2019

Investor special!!! Good bones on this great investment opportunity in highly sought after neighborhood in Memphis! Hardwood floors and a great layout are 2 reasons to grab this property and turn it into a great investment or flip opportunity! Needs a little TLC right now for a great investment property or potential flip! Bring all offers!

Last Agent to Sell the Property

Itzel Sanchez Bustamante

Keller Williams License #333024 Listed on: 01/22/2019

Keller Williams

Last Buyer's Agent

Itzel Sanchez Bustamante

Keller Williams License #333024 Listed on: 01/22/2019

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $618

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 986 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Pull Down Stairs to Attic
  • Iron Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Workshop in Garage
  • Front Facing Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Sherwood Forest Seventh Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058042 00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$618

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 758B
  • MAAR Subdivision Name: SHERWOOD FOREST
  • List Price Per Sq Ft: 50
  • Number Of Stories: 1
  • Price Per Sq Ft: 44.62
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 986
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Misc Interior: Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • 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: Brick Veneer, Vinyl Siding
  • Foundation: Conventional

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1
  • Parking Storage: Driveway/Pad, Workshop(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 37
  • Acreage: 0.15
  • Lot Size: 55X121 / 0.15
  • Price Per Acre: 330000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 058042 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2019
Sold by
Neighborhood Revival Llc
Bought by
Nhr Memphis I Llc
Current Estimated Value
$109,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,352,375
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 22, 2019
Closed on
Feb 14, 2019
Sold by
Cig Investments Gp
Bought by
Neighborhood Revival Llc
Seller's Agent
Itzel Sanchez Bustamante
Keller Williams
Buyer's Agent
Itzel Sanchez Bustamante
Keller Williams
List Price
$49,500
Sold Price
$44,000
Premium/Discount to List
-$5,500
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.62%

Purchase Details

Listed on
Jan 22, 2019
Closed on
Feb 1, 2019
Sold by
Cig Investments Llc
Bought by
Cig Investments Gp
Seller's Agent
Itzel Sanchez Bustamante
Keller Williams
Buyer's Agent
Itzel Sanchez Bustamante
Keller Williams
List Price
$49,500
Sold Price
$44,000
Premium/Discount to List
-$5,500
-11.11%

Purchase Details

Listed on
Jan 22, 2019
Closed on
Jan 14, 2019
Sold by
Stefannson Hafsteinn and Stefannson Carmon
Bought by
Cig Investments Llc
Seller's Agent
Itzel Sanchez Bustamante
Keller Williams
Buyer's Agent
Itzel Sanchez Bustamante
Keller Williams
List Price
$49,500
Sold Price
$44,000
Premium/Discount to List
-$5,500
-11.11%

Purchase Details

Closed on
Feb 18, 2010
Sold by
Stefansson Hafsteinn and Stefansson Carmon
Bought by
Hafsteinn E & Carmon S Stefansson Trust

Purchase Details

Closed on
Dec 18, 2009
Sold by
Cig Investments Llc
Bought by
Stefansson Hafsteinn and Stefannson Carmon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,375
Interest Rate
4.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2005
Sold by
Clothier Kent
Bought by
Cig Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,897
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 16, 2005
Sold by
Copeland Trent R
Bought by
Clothier Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,897
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 16, 1999
Sold by
Smalley Sarah D
Bought by
Copeland Trent R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,971
Interest Rate
6.79%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 1995
Bought by
Whitaker Holliman J and Whitaker Thel
Source: Public Records

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
Nhr Memphis I Llc -- Os National Llc
Neighborhood Revival Llc $44,000 Closetrack Closing & Title S
Cig Investments Gp -- None Available
Cig Investments Llc $50,108 None Available
Hafsteinn E & Carmon S Stefansson Trust -- None Available
Stefansson Hafsteinn $64,500 None Available
Cig Investment Llc -- --
Clothier Kent $54,872 --
Copeland Trent R $56,000 --
Whitaker Holliman J $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Nhr Memphis I Llc $2,352,375
Previous Owner Stefansson Hafsteinn $48,375
Previous Owner Clothier Kent $43,897
Previous Owner Copeland Trent R $55,971
Closed Copeland Trent R $2,985
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2019 02/14/19 Sold $44,000 -11.1% $440 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $49,500 -- $495 / 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 $618 $24,975 $5,250 $19,725
2024 $618 $18,225 $3,725 $14,500
2023 $1,110 $18,225 $3,725 $14,500
2022 $1,110 $18,225 $3,725 $14,500
2021 $629 $18,225 $3,725 $14,500
2020 $862 $11,900 $2,200 $9,700
2019 $380 $11,900 $2,200 $9,700
2018 $380 $11,900 $2,200 $9,700
2017 $389 $11,900 $2,200 $9,700
2016 $516 $11,800 $0 $0
2014 $516 $11,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10044376

Memphis Area Association of REALTORS®

APN: 05-8042-0-0019