NOT LISTED FOR SALE

Estimated Value: $93,000 - $118,395

4 Beds
2 Baths
1,200-1,399 Sq Ft
$76/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $125,000 $89 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $601/month

45 Days on Market

Highlights

  • Updated Kitchen
  • Porch
  • Central Heating and Cooling System
  • Traditional Architecture
  • Laundry Room
  • Level Lot

About This Home

As of March 2024

Sec 8 approved tenant paying $1600! Newly renovated 4 bedroom 2 bath in North Memphis, ready to added to your portfolio! Has the potential to be rented for $1500-$1600/mo under section 8. East access to I-40, minutes away from Rhodes College, and many new developments are in the area. All appliances included! Please make offers contingent upon inspection.

Last Agent to Sell the Property

Duane Kinnard

Tri-Leake Realty License #335044 Listed on: 12/22/2023

Last Buyer's Agent

Trovante Thompson

eXp Realty, LLC License #358245

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $232

Year Built

  • Built in 1913

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x130
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,296 Sq Ft Home
  • 1-Story Property
  • Window Treatments

Kitchen

  • Updated Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • S Hyde Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041042 00027

Home Details

Home Type

Single Family

Est. Annual Taxes

$232

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 742D
  • MAAR Subdivision Name: HYDE PARK
  • Number Of Stories: 1
  • Price Per Sq Ft: 96.45
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1296
  • Year Built: 1913
  • List Price/ Sq Ft: 103
  • 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: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Misc Interior: All Window Treatments
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Vinyl Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Level
  • Lot Number: 69
  • Acreage: 0.11
  • Lot Size: 40X130
  • Price Per Acre: 1218182

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 041042 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2023
Closed on
Mar 12, 2024
Sold by
Hemphill Realty Llc
Bought by
Elliott Martin Shea
Seller's Agent
Duane Kinnard
Tri-Leake Realty
Buyer's Agent
Trovante Thompson
eXp Realty, LLC
List Price
$134,000
Sold Price
$125,000
Premium/Discount to List
-$9,000
-6.72%
Views
103
Current Estimated Value
$106,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,151
Avg. Annual Appreciation
-8.14%
Original Mortgage
$106,250
Outstanding Balance
$104,959
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$5,933

Purchase Details

Closed on
Apr 3, 2023
Sold by
Davito Ross
Bought by
Hemphill Realty Llc

Purchase Details

Closed on
Apr 30, 2022
Sold by
Hill Bridgette M
Bought by
Ross Davito

Purchase Details

Closed on
Oct 20, 2005
Sold by
Franklin Jeanette
Bought by
Hill William T

Purchase Details

Closed on
Jul 29, 1995
Sold by
County Of Shelby
Bought by
Hill William and Nelson Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,150
Interest Rate
6.5%
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
Elliott Martin Shea $125,000 Titan Title Company
Hemphill Realty Llc -- --
Ross Davito $2,000 None Listed On Document
Hill William T -- --
Hill William $3,500 Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Martin Shea $106,250
Previous Owner Hill William $3,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $125,000 -6.7% $104 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
12/22/2023 12/22/23 For Sale $134,000 -- $112 / 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 $232 $30,000 $1,750 $28,250
2024 -- $6,850 $1,000 $5,850
2023 $417 $6,850 $1,000 $5,850
2022 $417 $6,850 $1,000 $5,850
2021 $236 $6,850 $1,000 $5,850
2020 $409 $5,650 $1,000 $4,650
2019 $181 $5,650 $1,000 $4,650
2018 $181 $5,650 $1,000 $4,650
2017 $185 $5,650 $1,000 $4,650
2016 $247 $5,650 $0 $0
2014 $247 $5,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10163005

Memphis Area Association of REALTORS®

APN: 04-1042-0-0027