NOT LISTED FOR SALE

Estimated Value: $94,000 - $110,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$87/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $63,000 $53 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $595/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Floor Furnace
  • Wood Flooring
  • Dining Room
  • Level Lot

About This Home

As of January 2021

This is a great first time Home Buyers home or great investment property. The roof is only 7 years old and the Hot Water Tank is 1 year old. The home offers a large backyard with a two car garage on the back. ALL OFFERS ARE WELCOME.

Last Agent to Sell the Property

Tameco Cody

MLE Realty, LLC License #321595 Listed on: 12/10/2020

Co-Listed By

Michelle Hayes Thomas

Hayes Homes and Realty, Inc License #265701

Last Buyer's Agent

Derrick Brown

Independence Realty&Investment License #305074

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $359

Year Built

  • Built in 1948

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x134
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,017 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Pull Down Stairs to Attic
  • Iron Doors

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Electric Water Heater

Community Details

  • Chandler & Chandler Leawood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053016 00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$359

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752C
  • MAAR Subdivision Name: CHANDLER & CHANDLER LEAWOOD
  • List Price Per Sq Ft: 69
  • Number Of Stories: 1
  • Price Per Sq Ft: 61.95
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1017
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Master Bedroom Dimensions: 13X11
  • Misc Interior: Pull Down Attic Stairs
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Window Unit(s)
  • Heating: Floor Furnace
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Level
  • Lot Number: 22
  • Acreage: 0.18
  • Lot Size: 60X134
  • Price Per Acre: 388889

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 053016 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Jan 4, 2021
Sold by
Faulkner Donnie L
Bought by
Independence Realty And Investments Llc
Seller's Agent
Tameco Cody
MLE Realty, LLC
Buyer's Agent
Derrick Brown
Independence Realty&Investment
List Price
$70,000
Sold Price
$63,000
Premium/Discount to List
-$7,000
-10%
Current Estimated Value
$103,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,717
Avg. Annual Appreciation
9.70%

Purchase Details

Closed on
Apr 18, 2006
Sold by
Parks Allie
Bought by
Faulkner Donnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,161
Interest Rate
6.31%
Mortgage Type
VA

Purchase Details

Closed on
Mar 22, 2001
Sold by
Tennessee Housing Development Agency
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
Independence Realty And Investments Llc $63,000 None Available
Faulkner Donnie L $54,000 Fat
Hud $52,655 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Independence Realty And Invest $30,000
Open Independence Realty & Investme $172,000
Previous Owner Independence Realty And Investments Llc $68,000
Previous Owner Faulkner Donnie L $54,159
Previous Owner Faulkner Donnie L $55,161
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $63,000 -10.0% $63 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
12/10/2020 12/10/20 For Sale $70,000 -- $70 / 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 $359 $22,500 $3,750 $18,750
2024 $359 $10,600 $1,650 $8,950
2023 $646 $10,600 $1,650 $8,950
2022 $646 $10,600 $1,650 $8,950
2021 $653 $10,600 $1,650 $8,950
2020 $632 $8,725 $1,425 $7,300
2019 $279 $8,725 $1,425 $7,300
2018 $279 $8,725 $1,425 $7,300
2017 $285 $8,725 $1,425 $7,300
2016 $354 $8,100 $0 $0
2014 $354 $8,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10090172

Memphis Area Association of REALTORS®

APN: 05-3016-0-0006