NOT LISTED FOR SALE

1343 Michigan St Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $66,000 - $102,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$69/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $27,000 $23 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $460/month

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Combination Dining and Living Room
  • Laundry closet
  • Central Heating and Cooling System
  • 5-minute walk to Texas Courts Park

About This Home

As of April 2018

Excellent rental home. Sold as is. Solid surface flooring throughout-tile. Three bedrooms, one bath, new AC. All appliances supplied by tenant. Slab foundation. Roof is in good condition. Tenant occupied. Lease expires 6/30/18. Rent $575. Must give 24 hour notice to show.

Last Agent to Sell the Property

Thomas Blanche

Northpoint Asset Management, L License #330484 Listed on: 11/27/2017

Last Buyer's Agent

Thomas Blanche

Northpoint Asset Management, L License #330484 Listed on: 11/27/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $221

Year Built

  • Built in 1982

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 130
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 999 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Combination Dining and Living Room
  • Tile Flooring
  • Iron Doors
  • Laundry closet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Riehlmann Subdivision

Listing and Financial Details

  • Assessor Parcel Number 024055 00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$221

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747A
  • MAAR Subdivision Name: RIEHLMAN
  • List Price Per Sq Ft: 27
  • Number Of Stories: 1
  • Price Per Sq Ft: 27.03
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 999
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Tile Floor
  • Bedroom 3 Description: Tile Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Misc Interior: All Window Treatments
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Tile Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 5
  • Acreage: 0.14
  • Lot Size: 50 X 130
  • Price Per Acre: 192857

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 024055 00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Topstone Inv Mem 1 Llc
Bought by
Havangi Prakash and Havangi Kumuda
Current Estimated Value
$83,000

Purchase Details

Listed on
Nov 27, 2017
Closed on
May 15, 2018
Sold by
Henschell Gary
Bought by
Topstone Inv Mem I1 Llc
Seller's Agent
Thomas Blanche
Northpoint Asset Management, L
Buyer's Agent
Thomas Blanche
Northpoint Asset Management, L
List Price
$35,000
Sold Price
$27,000
Premium/Discount to List
-$8,000
-22.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.25%
Original Mortgage
$25,000
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 9, 2017
Sold by
Sherman Phillip
Bought by
Henschell Gary

Purchase Details

Closed on
Mar 16, 2016
Sold by
Washington Properties Llc
Bought by
Washington Demetris

Purchase Details

Closed on
Jul 15, 2013
Sold by
Washington Demetris
Bought by
Washington Properties Llc

Purchase Details

Closed on
Aug 30, 2011
Sold by
Fannie Mae
Bought by
Washington Demetris

Purchase Details

Closed on
Jul 8, 2011
Sold by
Gordon Marcey L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 14, 2008
Sold by
Spight Helen
Bought by
Gordon Marcey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,250
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 26, 1999
Sold by
Perry Patricia A Mitchell and Mitchell Jesse E
Bought by
Spight Helen
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
Havangi Prakash $300,000 Nexus Title & Escrow Llc
Topstone Inv Mem I1 Llc $21,000 River Bluff Title Llc
Henschell Gary $24,000 None Available
Sherman Phillip $15,000 Saddle Creek Title Llc
Washington Demetris -- Attorney
Washington Properties Llc -- None Available
Washington Demetris $6,500 None Available
Federal National Mortgage Association $67,233 None Available
Gordon Marcey L $55,000 None Available
Spight Helen $11,833 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Topstone Inv Mem I1 Llc $25,000
Previous Owner Gordon Marcey L $52,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2018 04/24/18 Sold $27,000 -22.9% $27 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
11/27/2017 11/27/17 For Sale $35,000 -- $35 / 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 $221 $14,200 $1,050 $13,150
2024 $221 $6,525 $600 $5,925
2023 $397 $6,525 $600 $5,925
2022 $397 $6,525 $600 $5,925
2021 $402 $6,525 $600 $5,925
2020 $400 $5,525 $600 $4,925
2019 $177 $5,525 $600 $4,925
2018 $177 $5,525 $600 $4,925
2017 $181 $5,525 $600 $4,925
2016 $252 $5,775 $0 $0
2014 $252 $5,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Blanche

    Seller's Agent in 2018

    Thomas Blanche

    Northpoint Asset Management, L

    (901) 288-9801

    2 in this area

    58 Total Sales

    Thomas Blanche
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10016272

Memphis Area Association of REALTORS®

APN: 02-4055-0-0030

Tennessee Shelby County Memphis 38106 South Memphis

1343 Michigan St, Memphis, TN

This home is located at 1343 Michigan St, Memphis, TN 38106 since 27 November 2017 and is currently estimated at $83,000, approximately $69 per square foot. This property was built in 1982. 1343 Michigan St is a home located in Shelby County with nearby schools including Riverview Middle School, Hamilton High School, and Memphis Scholars Florida Kansas.

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