NOT LISTED FOR SALE

Estimated Value: $97,000 - $116,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$89/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $79,000 $66 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $593/month

Highlights

  • Contemporary Architecture
  • Attic
  • Walk-In Closet
  • Wood Flooring
  • Some Wood Windows
  • Laundry Room

About This Home

As of June 2021

Investment opportunity? Don't miss this one! New and seasoned investors alike are sure to love this one. This cute little cash cow has been professionally managed, offers very low maintenance, and sits within a high rental traffic area. A new owner can expect to be greeted by a history of great tenancy, low turnover, and a great start or addition to their portfolio.

Last Agent to Sell the Property

Tim Parkes

Renters Row License #307317 Listed on: 04/01/2021

Last Buyer's Agent

Frank Colvett

REMAX Experts License #353596

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $325

Year Built

  • Built in 1948

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 60x207
  • Chain Link Fence
  • Few Trees

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,004 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Some Wood Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Oven or Range
  • Laundry Room
  • Attic

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Community Details

  • Macon Manor First Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053018 00048

Home Details

Home Type

Single Family

Est. Annual Taxes

$325

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 752C
  • MAAR Subdivision Name: MACON MANOR 1ST ADD
  • List Price Per Sq Ft: 79
  • Number Of Stories: 1
  • Price Per Sq Ft: 78.69
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1004
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Tile, Textured Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven
  • Living Dining Kitchen: LR/DR Combination, Pantry
  • Misc Interior: All Window Treatments
  • Other Rooms: Laundry Room, Attic
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Lot Number: 79
  • Acreage: 0.28
  • Lot Size: 60X207
  • Price Per Acre: 282143

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 053018 00048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2022
Sold by
Ho Kang Kok
Bought by
Kang Kok Ho and Young Marcus L
Current Estimated Value
$107,080

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 10, 2021
Sold by
Fc Properties Llc
Bought by
Kang Kok Ho
Seller's Agent
Tim Parkes
Renters Row
Buyer's Agent
Frank Colvett
REMAX Experts
List Price
$79,000
Sold Price
$79,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$76,587
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 5, 2005
Sold by
Hinrichs Joan and Hinrichs Mark
Bought by
Fc 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
$49,500
Interest Rate
5.54%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 30, 2005
Sold by
Milam Marty K and Milam Lisa C
Bought by
Hinrichs Mark and Hinrichs Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
5.54%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 12, 2004
Sold by
Piernini Sherry K Jensen
Bought by
Milam Marty K and Milam Lisa C

Purchase Details

Closed on
Apr 1, 1997
Sold by
Keller Harry W
Bought by
Jensen Sherry Keller
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
Kang Kok Ho -- Foundation Title & Escrow
Kang Kok Ho $79,000 Foundation T&E Llc
Fc Properties Llc -- Title Enterprise Svc Co Llc
Hinrichs Mark $55,000 Title Enterprises Llc
Milam Marty K $42,000 --
Jensen Sherry Keller -- Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kang Kok Ho $76,587
Previous Owner Hinrichs Mark $49,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold $79,000 0.0% $79 / Sq Ft
04/01/2021 04/01/21 For Sale $79,000 0.0% $79 / Sq Ft
07/22/2019 07/22/19 Rented $760 +1.3% --
06/10/2019 06/10/19 For Rent $750 -- --
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 $325 $26,975 $3,750 $23,225
2024 $325 $9,600 $2,200 $7,400
2023 $585 $9,600 $2,200 $7,400
2022 $585 $9,600 $2,200 $7,400
2021 $331 $9,600 $2,200 $7,400
2020 $594 $8,200 $1,925 $6,275
2019 $262 $8,200 $1,925 $6,275
2018 $262 $8,200 $1,925 $6,275
2017 $268 $8,200 $1,925 $6,275
2016 $359 $8,225 $0 $0
2014 $359 $8,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10096311

Memphis Area Association of REALTORS®

APN: 05-3018-0-0048