NOT LISTED FOR SALE

Estimated Value: $158,000 - $194,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$124/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $180,000 $129 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,000/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Some Wood Windows
  • Traditional Architecture
  • Den
  • Tile Flooring

About This Home

As of June 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $1,295 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 12/17/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70x150
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,351 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Speedway Terrace Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021093 00012

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SPEEDWAY TERRACE BLK A
  • List Price Per Sq Ft: 132
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1351
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • 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: Level
  • Lot Number: 139& PT
  • Acreage: 0.24
  • Lot Size: 70X150

Tax Info

  • Assessor Parcel Number: 021093 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Hooker Marvin Antonio and Hooker Allan
Bought by
Hookstar Enterprises Llc
Current Estimated Value
$173,092

Purchase Details

Listed on
Dec 17, 2021
Closed on
May 26, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Hooker Marvin Antonio and Hooker Allan
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$178,900
Sold Price
$180,000
Premium/Discount to List
$1,100
0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.02%
Original Mortgage
$144,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2021
Sold by
James Tequita
Bought by
Memphis Investment Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2013
Sold by
James Thelma
Bought by
James Tequita

Purchase Details

Closed on
May 29, 1998
Sold by
Morelock Dan G and Morelock Patricia
Bought by
James Thelma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
11.75%
Mortgage Type
Balloon

Purchase Details

Closed on
May 29, 1997
Sold by
Mcclain Gary and Bailey Delores
Bought by
Morelock Dan G and Morelock Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
8.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hookstar Enterprises Llc -- None Listed On Document
Hooker Marvin Antonio $180,000 Delta Title Services
Memphis Investment Properties Iii Llc $100,000 Delta Title Services Llc
James Tequita -- None Available
James Thelma $75,000 Equity Title & Escrow Compan
James Thelma $75,000 Equity Title & Escrow Compan
Morelock Dan G $25,000 --
Morelock Dan G $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hooker Marvin Antonio $144,000
Previous Owner Memphis Investment Properties Iii Llc $155,000
Previous Owner James Thelma $63,750
Previous Owner Morelock Dan G $37,000
Closed James Thelma $7,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2022 06/01/22 Sold $180,000 +0.6% $150 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
12/17/2021 12/17/21 For Sale $178,900 -- $149 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,073 $49,200 $5,075 $44,125
2024 $1,073 $31,650 $2,000 $29,650
2023 $1,928 $31,650 $2,000 $29,650
2022 $1,392 $22,850 $2,000 $20,850
2021 $1,408 $22,850 $2,000 $20,850
2019 $557 $17,425 $2,000 $15,425
2018 $557 $17,425 $2,000 $15,425
2017 $570 $17,425 $2,000 $15,425
2016 $766 $17,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10114663

Memphis Area Association of REALTORS®

APN: 02-1093-0-0012

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