NOT LISTED FOR SALE

1176 Wells Station Rd Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $127,000 - $137,000

3 Beds
1 Bath
100-999 Sq Ft
$132/Sq Ft Est. Value

Last Sold September 11, 2015

Last sale price $9,500 $10 Per Sq Ft

Est. 1,291% increase in value since last sale

Current estimated payment $772/month

15 Days on Market

About This Home

As of September 2015

Calling all investors and handy men!!!! Nice home in a great rental area that will need some TLC. This is a burnout and will need major repairs, but a savvy investor or owner occupant with carpentry skills can turn this into a gem!

Last Agent to Sell the Property

Stephen Akindona

Kairos Realty License #329215 Listed on: 08/17/2015

Co-Listed By

Shannon Feol

Discount Property Warehouse License #308133

Last Buyer's Agent

Ana Trujillo

Trujillo Realty License #298924

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $620

Year Built

  • Built in 1950

Lot Details

  • 9,148 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 1,214 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Macon Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053108 00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$620

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 #: 752D
  • MAAR Subdivision Name: MACON TERRACE
  • List Price Per Sq Ft: 20
  • Number Of Stories: 1
  • Price Per Sq Ft: 7.83
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1214
  • 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: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 6
  • Acreage: 0.21
  • Price Per Acre: 114286

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 053108 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
C A Family Rentals Llc
Bought by
Rodama Group Llc
Current Estimated Value
$132,170

Purchase Details

Closed on
Oct 15, 2019
Sold by
Amador Carlos A
Bought by
C A Family Rentals Llc

Purchase Details

Listed on
Aug 17, 2015
Closed on
Sep 14, 2015
Sold by
Mtkucer Investments Llc
Bought by
Amador Carlos A
Seller's Agent
Stephen Akindona
Kairos Realty
Buyer's Agent
Ana Trujillo
Trujillo Realty
List Price
$24,000
Sold Price
$9,500
Premium/Discount to List
-$14,500
-60.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.66%

Purchase Details

Closed on
Mar 4, 2011
Sold by
Pegasus Real Estate Services Llc
Bought by
Mtkucer Investments Llc

Purchase Details

Closed on
Feb 4, 2011
Sold by
Pinion Properties Inc
Bought by
Pegasus Real Estate Services Llc

Purchase Details

Closed on
Sep 12, 2008
Sold by
Pinon Teresita A
Bought by
Pinon Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,100
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2008
Sold by
The Feol Hinricher Companies Llc
Bought by
Pinon Teresita A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2008
Sold by
The Bank Of New York
Bought by
The Feol Hinricher Companies Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2008
Sold by
Zambroni John W and Zambroni Joanne
Bought by
The Bank Of New York and Jpmorgan Chase Bank Na

Purchase Details

Closed on
Dec 12, 2002
Sold by
Brookfield Properties Inc
Bought by
Zambroni John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,905
Interest Rate
10.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 11, 2002
Sold by
Centex Home Equity Company Llc
Bought by
Brookfield Properties

Purchase Details

Closed on
Oct 26, 2001
Sold by
Mitchum R Michael and Mitchum Debbie
Bought by
Centex Home Equity Corp
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
Rodama Group Llc -- None Available
C A Family Rentals Llc -- None Available
Amador Carlos A $9,500 Saddle Creek Title Llc
Mtkucer Investments Llc $38,900 None Available
Pegasus Real Estate Services Llc $19,000 Fidelity Title & Escrow Inc
Pinon Properties Llc -- None Available
Pinon Teresita A $41,900 None Available
The Feol Hinricher Companies Llc $32,000 Resource Title Agency
The Bank Of New York $58,327 None Available
Zambroni John W $79,900 --
Brookfield Properties $45,000 --
Centex Home Equity Corp $60,657 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pinon Teresita A $58,100
Previous Owner Pinon Teresita A $52,000
Previous Owner Zambroni John W $75,905
Previous Owner Brookfield Properties Inc $44,996
Previous Owner Mitchum R Michael $52,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2015 09/11/15 Sold $9,500 -60.4% $95 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
08/17/2015 08/17/15 For Sale $24,000 -- $240 / 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 $620 $34,350 $3,725 $30,625
2024 $620 $18,300 $2,200 $16,100
2023 $1,115 $18,300 $2,200 $16,100
2022 $1,115 $18,300 $2,200 $16,100
2021 $1,325 $18,300 $2,200 $16,100
2020 $1,040 $14,350 $2,200 $12,150
2019 $459 $14,350 $2,200 $12,150
2018 $459 $14,350 $2,200 $12,150
2017 $391 $11,950 $2,200 $9,750
2016 $554 $12,675 $0 $0
2014 $554 $12,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9959137

Memphis Area Association of REALTORS®

APN: 05-3108-0-0016