NOT LISTED FOR SALE

Estimated Value: $154,000 - $197,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$123/Sq Ft Est. Value

Last Sold December 16, 2014

Last sale price $86,900 $62 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $990/month

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of December 2014

PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY IS RENTED AND TO BE SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT WITH TENANTS RIGHTS.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 09/18/2014

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 09/18/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $879

Year Built

  • Built in 1959

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,225 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Graceland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078076 00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$879

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 764B
  • MAAR Subdivision Name: GRACELAND
  • List Price Per Sq Ft: 71
  • Number Of Stories: 1
  • Price Per Sq Ft: 70.94
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1225
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1.1

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 52
  • Acreage: 0.3
  • Price Per Acre: 289667

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 078076 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2014
Closed on
Dec 12, 2014
Sold by
Memphis Invest Gp
Bought by
Finest City Capital Holdings Llc
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$86,900
Sold Price
$86,900
Current Estimated Value
$172,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,521
Avg. Annual Appreciation
6.54%
Original Mortgage
$43,450
Outstanding Balance
$5,581
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$166,840

Purchase Details

Closed on
Sep 15, 2014
Sold by
Agency Management Llc
Bought by
Memphis Invest Gp

Purchase Details

Closed on
Oct 5, 2012
Sold by
Memphis Invest Gp
Bought by
Agency Management Llc

Purchase Details

Listed on
Dec 6, 2011
Closed on
Apr 11, 2012
Sold by
Pennymac Mortgage Investment Trust Holdi
Bought by
Memphis Invest Gp
Seller's Agent
Ryan Ballard
ResiAmerica, Inc.
Buyer's Agent
Ryan Ballard
ResiAmerica, Inc.
List Price
$59,900
Sold Price
$47,000
Premium/Discount to List
-$12,900
-21.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Original Mortgage
$63,550
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2011
Sold by
Smoot Aaron
Bought by
Pennymac Mortgage Investment Trust Holdi

Purchase Details

Closed on
Aug 28, 2007
Sold by
Household Financial Center Inc
Bought by
Smoot Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,150
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2006
Sold by
Bagley Cleandus A and Bagley Ersula
Bought by
Household Financial Center Inc

Purchase Details

Closed on
Jan 20, 2004
Sold by
Weeks Odessa
Bought by
Bagley Cleandus A and Bagley Ersula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
8.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 1994
Bought by
Odessa Weeks
Source: Public Records

Range of Values:

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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
Finest City Capital Holdings Llc $86,900 None Available
Memphis Invest Gp $76,866 Saddle Creek Title Llc
Agency Management Llc $81,900 None Available
Memphis Invest Gp $47,000 None Available
Pennymac Mortgage Investment Trust Holdi $68,266 None Available
Smoot Aaron $54,900 None Available
Household Financial Center Inc $81,282 None Available
Bagley Cleandus A $83,000 --
Odessa Weeks $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finest City Capital Holdings Llc $43,450
Previous Owner Memphis Invest Gp $63,550
Previous Owner Smoot Aaron $52,150
Previous Owner Bagley Cleandus A $83,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2014 12/16/14 Sold $86,900 0.0% $72 / Sq Ft
11/06/2014 11/06/14 Pending -- -- --
09/18/2014 09/18/14 For Sale $86,900 +84.9% $72 / Sq Ft
04/17/2012 04/17/12 Sold $47,000 -21.5% $38 / Sq Ft View Prior Sale
04/06/2012 04/06/12 Pending -- -- --
12/06/2011 12/06/11 For Sale $59,900 -- $49 / 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 $879 $37,150 $5,450 $31,700
2024 $879 $25,925 $4,175 $21,750
2023 $1,579 $25,925 $4,175 $21,750
2022 $1,579 $25,925 $4,175 $21,750
2021 $1,598 $25,925 $4,175 $21,750
2020 $1,469 $20,275 $4,175 $16,100
2019 $1,469 $20,275 $4,175 $16,100
2018 $1,469 $20,275 $4,175 $16,100
2017 $833 $20,275 $4,175 $16,100
2016 $735 $16,825 $0 $0
2014 $735 $16,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9936287

Memphis Area Association of REALTORS®

APN: 07-8076-0-0017