NOT LISTED FOR SALE

Estimated Value: $68,000 - $98,172

2 Beds
1 Bath
100-999 Sq Ft
$85/Sq Ft Est. Value

Last Sold February 06, 2020

Last sale price $37,500 $38 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $485/month

Highlights

  • Traditional Architecture
  • Partially Carpeted
  • 1-Story Property
  • 1 Fireplace

About This Home

As of February 2020

Tenant occupied property being marketed to investors as an investment sale. Brick home with attached garage, wood floors, and nice floor plan with a very convenient location. This could be a great addition to your investment portfolio. Professionally managed by Reed & Associates. Tenant payment history and repair history available. Do not approach or disturb the tenant. Could be a great option for buyers wanting to do BRRRR method or just buy & hold.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 01/05/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 01/05/2020

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.38 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 960 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Car Garage
  • Front Facing Garage
  • Driveway

Community Details

  • Woodland Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 069059 00027

Home Details

Home Type

Single Family

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 #: 724B
  • MAAR Subdivision Name: WOODLAND HEIGHTS
  • List Price Per Sq Ft: 43
  • Number Of Stories: 1
  • Price Per Sq Ft: 39.06
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 960
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Pantry
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 3
  • Parking Display: 3
  • Parking Storage: Driveway/Pad, Front-Load Garage

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 3
  • Acreage: 0.38
  • Price Per Acre: 107632

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 069059 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2020
Closed on
Feb 5, 2020
Sold by
Langman Lei L
Bought by
Markus Arthur
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$40,900
Sold Price
$37,500
Premium/Discount to List
-$3,400
-8.31%
Current Estimated Value
$84,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,293
Avg. Annual Appreciation
15.30%

Purchase Details

Closed on
Apr 1, 2013
Sold by
Pacific Grove Investments Llc
Bought by
Langman Lei Liu

Purchase Details

Closed on
May 30, 2012
Sold by
U S Bank National Association
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
May 10, 2012
Sold by
Goodrum Jeffrey D and Goddrum Dianne
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 6, 2000
Sold by
Marking Joseph G and Marking Chrystal R
Bought by
Goodrum Jeffrey D and Goodrum Dianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,322
Interest Rate
8.63%
Mortgage Type
FHA
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
Markus Arthur $37,500 Saddle Creek Title Llc
Langman Lei Liu -- None Available
Secretary Of Housing & Urban Development $57,713 None Available
Us Bank National Association $57,713 None Available
Goodrum Jeffrey D $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goodrum Jeffrey D $51,322
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2020 02/06/20 Sold $37,500 -8.3% $375 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/05/2020 01/05/20 For Sale $40,900 -- $409 / 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 -- $19,675 $1,750 $17,925
2024 $485 $14,300 $1,425 $12,875
2023 $871 $14,300 $1,425 $12,875
2022 $871 $14,300 $1,425 $12,875
2021 $493 $14,300 $1,425 $12,875
2020 $643 $8,875 $1,425 $7,450
2019 $284 $8,875 $1,425 $7,450
2018 $284 $8,875 $1,425 $7,450
2017 $290 $8,875 $1,425 $7,450
2016 $428 $9,800 $0 $0
2014 $428 $9,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10068402

Memphis Area Association of REALTORS®

APN: 06-9059-0-0027