$38,750
SOLD FEB 10, 2017
3 Beds
1.5 Baths
1,340 Sq Ft
0.29 Acres

Recently Sold

$29 Per Sq Ft

25% Below List Price

About This Home

As of March 2024

Impressive collection of mostly leased properties being sold by single owner entity. Several desirable areas of Memphis Metro available. All parcels offered as-is/where-is with all faults and TENANT'S RIGHTS PREVAIL. PLEASE DO NOT DISTURB TENANTS. Seller and his agents offer no knowledge or opinions regarding condition. Offers accepted with inspection contingencies. Offers on multiple listings presented simultaneously encouraged and likely given greatest negotiation position.

Last Agent to Sell the Property

George Merryfield

Leco Realty, Inc. License #285635 Listed on: 11/01/2016

Last Buyer's Agent

Frank Malvezzi

CB Properties of Memphis, LLC License #264358

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $686

Year Built

  • Built in 1950

Lot Details

  • 0.29 Acre Lot

Parking

  • 1 Parking Space

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,340 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Community Details

  • Wilshire Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058043 00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$686

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: 39
  • Number Of Stories: 1
  • Price Per Sq Ft: 28.92
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1340
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1.1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 55
  • Acreage: 0.29
  • Lot Size: OXO
  • Price Per Acre: 178966

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 058043 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Mar 20, 2024
Sold by
Godbout Daniel R
Bought by
Elwood Kevin and Elwood Misty
Seller's Agent
Andrew Akins
CB Properties of Memphis, LLC
Buyer's Agent
Andrew Akins
CB Properties of Memphis, LLC
List Price
$122,900
Sold Price
$117,500
Premium/Discount to List
-$5,400
-4.39%
Views
139
Current Estimated Value
$119,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,732
Avg. Annual Appreciation
0.98%
Original Mortgage
$88,125
Outstanding Balance
$86,662
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$32,570

Purchase Details

Listed on
Feb 28, 2017
Closed on
Mar 30, 2017
Sold by
Memphis Turnkey Properties Gp
Bought by
Godbout Daniel R
Seller's Agent
Jeremy Veldman
KAIZEN Realty, LLC
Buyer's Agent
Jeremy Veldman
KAIZEN Realty, LLC
List Price
$76,900
Sold Price
$76,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$60,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2016
Closed on
Jan 30, 2017
Sold by
Wim Real Estate Investments I Llc
Bought by
Memphis Turnkey Properties Gp
Seller's Agent
George Merryfield
Leco Realty, Inc.
Buyer's Agent
Frank Malvezzi
CB Properties of Memphis, LLC
List Price
$51,900
Sold Price
$38,750
Premium/Discount to List
-$13,150
-25.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2013
Sold by
Fairway Capital Partners Llc
Bought by
Wim Real Estate Investment I Llc

Purchase Details

Closed on
Feb 8, 2001
Sold by
Bank One National Assn
Bought by
Boone Jeff and Boone Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.91%

Purchase Details

Closed on
Mar 3, 2000
Sold by
Liggins Bridgette A
Bought by
Bank One National Assn

Purchase Details

Closed on
May 18, 1999
Sold by
Small William N and Hoffman Sheree L
Bought by
Liggins Bridgette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,400
Interest Rate
9.82%
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 Type Sale Price Title Company
Warranty Deed $117,500 Home Surety Title & Escrow
Warranty Deed $76,900 Saddle Creek Title Llc
Warranty Deed $38,750 Saddle Creek Title
Warranty Deed $683,850 None Available
Corporate Deed $43,000 --
Trustee Deed $56,950 --
Warranty Deed $56,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $88,125 New Conventional
Previous Owner $60,000 New Conventional
Previous Owner $6,000 Unknown
Previous Owner $47,000 No Value Available
Previous Owner $56,400 No Value Available
Closed $9,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $117,500 -4.4% $98 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $122,900 +59.8% $102 / Sq Ft
04/14/2017 04/14/17 Sold $76,900 0.0% $64 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $76,900 +98.5% $64 / Sq Ft
02/10/2017 02/10/17 Sold $38,750 -25.3% $29 / Sq Ft
01/15/2017 01/15/17 Pending -- -- --
11/01/2016 11/01/16 For Sale $51,900 -- $39 / 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 $686 $29,400 $5,125 $24,275
2024 $686 $20,250 $3,575 $16,675
2023 $1,234 $20,250 $3,575 $16,675
2022 $1,234 $20,250 $3,575 $16,675
2021 $1,248 $20,250 $3,575 $16,675
2020 $1,087 $15,000 $2,550 $12,450
2019 $1,087 $15,000 $2,550 $12,450
2018 $1,087 $15,000 $2,550 $12,450
2017 $617 $15,000 $2,550 $12,450
2016 $612 $14,000 $0 $0
2014 $612 $14,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9989896

Memphis Area Association of REALTORS®

APN: 05-8043-0-0025