$97,000
SOLD JAN 7, 2020
3 Beds
1 Bath
1,400-1,599 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$61 Per Sq Ft

22% Below List Price

154 Days on Market

Highlights

  • Traditional Architecture
  • 3 Fireplaces
  • Den
  • Wood Flooring
  • Separate Formal Living Room
  • Some Wood Windows

About This Home

As of October 2021

An investor's dream home! Lovely 3 bedroom 1 bath home. Property is being sold "AS IS". Section 8 tenant occupied paying $950 rent - Do not disturb tenant!

Last Agent to Sell the Property

Leah Douglas-Wooten

Progressive Realty Services License #241842 Listed on: 07/29/2019

Last Buyer's Agent

Jack Inman

Long Term Invest Mngt License #342513

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,359

Year Built

  • Built in 1928

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 160
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,584 Sq Ft Home
  • 1-Story Property
  • 3 Fireplaces
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Speedway Terr Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021095 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,359

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 744C
  • MAAR Subdivision Name: SPEEDWAY TERRACE BLK A
  • List Price Per Sq Ft: 71
  • Number Of Stories: 1
  • Price Per Sq Ft: 61.24
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1584
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Number Of Fireplaces: 3
  • Total Bathrooms: 1

Exterior Features

  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 95 and 96
  • Acreage: 0.18
  • Lot Size: 50 X 160
  • Price Per Acre: 625000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 021095 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2024
Sold by
Riverland Properties Llc
Bought by
Riverside Real Estate Llc
Current Estimated Value
$237,912

Purchase Details

Closed on
Mar 27, 2024
Sold by
Everton Glenn D
Bought by
Riverland 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
$252,275
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2021
Closed on
Nov 9, 2021
Sold by
Long Jackson
Bought by
Restoration Homes Llc
Seller's Agent
Jack Inman
Long Term Invest Mngt
Buyer's Agent
Deborah Posada
Envision Realty, LLC
List Price
$140,000
Sold Price
$142,000
Premium/Discount to List
$2,000
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%
Original Mortgage
$163,200
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 22, 2021
Closed on
Nov 2, 2021
Sold by
Long Jackson
Bought by
Restoration Homes Llc
Seller's Agent
Jack Inman
Long Term Invest Mngt
Buyer's Agent
Deborah Posada
Envision Realty, LLC
List Price
$140,000
Sold Price
$142,000
Premium/Discount to List
$2,000
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 29, 2019
Closed on
Jan 7, 2020
Sold by
Mdm Investments Of Memphis Llc
Bought by
Long Jackson
Seller's Agent
Leah Douglas-Wooten
Progressive Realty Services
Buyer's Agent
Jack Inman
Long Term Invest Mngt
List Price
$125,000
Sold Price
$97,000
Premium/Discount to List
-$28,000
-22.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.44%
Original Mortgage
$120,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 7, 2019
Sold by
Move In Investments Inc
Bought by
Mdm Investments Of Memphis Llc

Purchase Details

Closed on
Jul 31, 2017
Sold by
County Of Shelby
Bought by
Move In Investmens Inc

Purchase Details

Closed on
Aug 7, 2003
Sold by
Rose David L and Rose Suzanne S
Bought by
Roberts Darwin Lee and Roberts Teresa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2003
Sold by
Holloway Michael L and Holloway Sandra L
Bought by
Rose David L and Rose Suzanne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1996
Sold by
Connell Gary and Newell Timothy
Bought by
Southern Capital Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,320
Interest Rate
7.87%

Purchase Details

Closed on
Jun 19, 1995
Bought by
Gary Connell and Gary Timothy N
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Trustee Deed $239,000 None Listed On Document
Warranty Deed $142,000 Surety Title Company Llc
Warranty Deed $142,000 Sure Title
Warranty Deed $97,000 Multiple
Quit Claim Deed -- Baymark T&E Svcs Llc
Quit Claim Deed $29,400 None Available
Warranty Deed $27,000 --
Trustee Deed $13,000 --
Quit Claim Deed -- --
Deed $8,092 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $252,275 New Conventional
Previous Owner $202,500 Construction
Previous Owner $163,200 Commercial
Previous Owner $163,200 Construction
Previous Owner $25,000 New Conventional
Previous Owner $25,000 Stand Alone Second
Previous Owner $120,000 Future Advance Clause Open End Mortgage
Previous Owner $47,250 Unknown
Previous Owner $25,000 Purchase Money Mortgage
Previous Owner $13,000 Unknown
Previous Owner $52,000 Stand Alone Second
Previous Owner $5,000 Credit Line Revolving
Previous Owner $54,320 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2021 10/27/21 Sold $142,000 +1.4% $101 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
08/22/2021 08/22/21 For Sale $140,000 +44.3% $100 / Sq Ft
01/07/2020 01/07/20 Sold $97,000 -13.8% $69 / Sq Ft
09/20/2019 09/20/19 Price Changed $112,500 -6.3% $80 / Sq Ft
08/19/2019 08/19/19 Price Changed $120,000 -4.0% $86 / Sq Ft
07/29/2019 07/29/19 For Sale $125,000 -- $89 / 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 $1,359 $67,925 $5,075 $62,850
2024 $1,359 $40,100 $2,000 $38,100
2023 $822 $24,250 $2,000 $22,250
2022 $1,477 $24,250 $2,000 $22,250
2021 $1,495 $24,250 $2,000 $22,250
2020 $1,427 $19,700 $2,000 $17,700
2019 $630 $19,700 $2,000 $17,700
2018 $630 $19,700 $2,000 $17,700
2017 $0 $0 $0 $0
2016 $870 $19,900 $0 $0
2014 $870 $19,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10058470

Memphis Area Association of REALTORS®

APN: 02-1095-0-0013