NOT LISTED FOR SALE

Estimated Value: $77,000 - $92,000

3 Beds
1 Bath
1,322 Sq Ft
$64/Sq Ft Est. Value

Last Sold April 05, 2012

Last sale price $20,100 $15 Per Sq Ft

Est. 320% increase in value since last sale

Current estimated payment $496/month

Highlights

  • Updated Kitchen
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • Traditional Architecture
  • Storage Room
  • Combination Dining and Living Room

About This Home

As of April 2012

Great investment property! Large lot many updates. Brick exterior, central heat and air, carport See it today!! Owner Occupant or Investor

Last Agent to Sell the Property

Isaac Fisher

Redkey Realty License #267110 Listed on: 03/05/2012

Last Buyer's Agent

Isaac Fisher

Redkey Realty License #267110 Listed on: 03/05/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $620

Year Built

  • Built in 1943

Lot Details

  • 0.49 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,322 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Storage Room
  • Wall to Wall Carpet
  • Iron Doors
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Terrace Park Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 069064 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$620

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 724B
  • MAAR Subdivision Name: TERRACE PARK
  • Corporate Own: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 15.2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1322
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 66
  • Acreage: 0.49
  • Lot Size: .49

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 069064 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2021
Sold by
Vesce Christopher J
Bought by
Tn Cvp Tennessee Llc
Current Estimated Value
$84,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,425
Outstanding Balance
$217,105
Interest Rate
2.67%
Mortgage Type
Commercial
Estimated Equity
-$132,605

Purchase Details

Closed on
Jul 6, 2012
Sold by
South Homebuyers Inc
Bought by
Vesce Christopher John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,160
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2012
Closed on
Apr 5, 2012
Sold by
Extended Marketing Services Inc
Bought by
Mid South Homebuyers Inc
Seller's Agent
Isaac Fisher
Redkey Realty
Buyer's Agent
Isaac Fisher
Redkey Realty
List Price
$19,900
Sold Price
$20,100
Premium/Discount to List
$200
1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
Original Mortgage
$29,250
Interest Rate
3.95%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 28, 2009
Sold by
Wells Fargo Bank Na
Bought by
Extended Marketing Services

Purchase Details

Closed on
Jun 19, 2009
Sold by
White Felecia
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 8, 2004
Sold by
Hutchinson Charles R and Aycock Calvin
Bought by
White Felicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2004
Sold by
Gmac Mortgage Corp
Bought by
Hutchison Charles R

Purchase Details

Closed on
Jun 29, 2004
Sold by
Hutchison Charles R
Bought by
Hutchison Charles R and Aycock Calvin

Purchase Details

Closed on
Jan 16, 2003
Sold by
Pitts William E
Bought by
Gmac Mortgage Corp

Purchase Details

Closed on
Nov 22, 2000
Sold by
Mallard Properties Llc
Bought by
Pitts William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,696
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 1998
Sold by
Tennessee Housing Development Agency
Bought by
Hud

Purchase Details

Closed on
Jun 28, 1998
Sold by
Merkwan Dawn L
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
Jun 28, 1995
Bought by
Merkwan Dawn L

Purchase Details

Closed on
Jan 13, 1995
Bought by
Escue Melvin L and Escue L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tn Cvp Tennessee Llc -- Saddle Creek Title Llc
Vesce Christopher John $52,700 None Available
Mid South Homebuyers Inc $34,000 None Available
Extended Marketing Services $11,000 Us Title
Wells Fargo Bank Na $31,723 None Available
White Felicia $72,000 --
Hutchison Charles R $26,000 Southern Trust Title Co
Hutchison Charles R -- Southern Trust Title Company
Gmac Mortgage Corp $71,200 --
Pitts William E $55,999 --
Hud $41,763 --
Tennessee Housing Development Agency $41,763 --
Merkwan Dawn L $39,900 --
Escue Melvin L $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tn Cvp Tennessee Llc $243,425
Previous Owner Vesce Christopher John $42,160
Previous Owner Mid South Homebuyers Inc $29,250
Previous Owner White Felicia $63,900
Previous Owner Pitts William E $55,696
Closed Pitts William E $3,862
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2012 04/05/12 Sold $20,100 +1.0% $15 / Sq Ft
03/24/2012 03/24/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $19,900 -- $15 / 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 $620 $23,975 $1,750 $22,225
2024 $620 $18,300 $1,425 $16,875
2023 $1,115 $18,300 $1,425 $16,875
2022 $1,115 $18,300 $1,425 $16,875
2021 $1,128 $18,300 $1,425 $16,875
2020 $717 $9,900 $1,425 $8,475
2019 $316 $9,900 $1,425 $8,475
2018 $316 $9,900 $1,425 $8,475
2017 $324 $9,900 $1,425 $8,475
2016 $400 $9,150 $0 $0
2014 $400 $9,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3242054

Memphis Area Association of REALTORS®

APN: 06-9064-0-0012