NOT LISTED FOR SALE

1316 Timothy Dr Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $148,838 - $181,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$100/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $125,000 $78 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $898/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Brick Veneer
  • Wood Flooring
  • Eat-In Kitchen
  • Outdoor Storage

About This Home

As of May 2022

Nice 3bd, 2ba Whitehaven/Graceland home situated on a spacious lot near shopping, worship, and schools. Property being sold as-is. Square footage not guaranteed. Occupied by owner. The seller will require an occupancy agreement/lease back while finding new home. Request showing through ShowingTime and thank you for showing.

Last Agent to Sell the Property

Vanessa Grandberry

New Home Realty License #293689 Listed on: 03/25/2022

Last Buyer's Agent

Tina Sandoval

Evernest Too, LLC License #312887

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80x140
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,452 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring
  • Iron Doors
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Workshop in Garage
  • Driveway

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Community Details

  • Graceland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078072 00025

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0.25 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GRACELAND
  • List Price Per Sq Ft: 96
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1452
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Workshop(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 211
  • Acreage: 0.25
  • Lot Size: 80X140

Tax Info

  • Assessor Parcel Number: 078072 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 2, 2022
Sold by
Mills-Green Latangla and Mills Latangla
Bought by
Rs Rental Iii-A Llc
Seller's Agent
Vanessa Grandberry
New Home Realty
Buyer's Agent
Tina Sandoval
Evernest Too, LLC
List Price
$139,000
Sold Price
$125,000
Premium/Discount to List
-$14,000
-10.07%
Current Estimated Value
$159,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,460
Avg. Annual Appreciation
6.48%

Purchase Details

Closed on
Jul 19, 2005
Sold by
Hopkins Leo
Bought by
Mills Latangla

Purchase Details

Closed on
Apr 25, 2000
Sold by
Potts Zelma L
Bought by
Hopkins Leo and Hopkins Latangla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
11%
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
Rs Rental Iii-A Llc $125,000 Summit Title & Escrow
Mills Latangla -- Community Equity & Title
Hopkins Leo $76,000 --
Hopkins Leo $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hopkins Leo $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2022 05/02/22 Sold $125,000 -10.1% $89 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $139,000 -- $99 / 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 $818 $35,925 $5,325 $30,600
2024 $818 $24,125 $4,100 $20,025
2023 $1,470 $24,125 $4,100 $20,025
2022 $1,470 $24,125 $4,100 $20,025
2021 $1,347 $24,125 $4,100 $20,025
2019 $674 $21,075 $4,100 $16,975
2018 $674 $21,075 $4,100 $16,975
2017 $689 $21,075 $4,100 $16,975
2016 $878 $20,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vanessa Grandberry

    Seller's Agent in 2022

    Vanessa Grandberry

    New Home Realty

    (901) 691-9099

    2 in this area

    27 Total Sales

    Vanessa Grandberry
    Section Image
  • Tina Sandoval

    Buyer's Agent in 2022

    Tina Sandoval

    Evernest Too, LLC

    (901) 218-6558

    21 in this area

    280 Total Sales

    Tina Sandoval
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10120343

Memphis Area Association of REALTORS®

APN: 07-8072-0-0025

Tennessee Shelby County Memphis 38116 Whitehaven

1316 Timothy Dr, Memphis, TN

Not Listed for Sale

Detached

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