NOT LISTED FOR SALE

135 E Fernwood Ave Memphis, TN 38109

South Memphis Neighborhood

Estimated Value: $93,000 - $175,315

3 Beds
1 Bath
1,200-1,399 Sq Ft
$85/Sq Ft Est. Value

Last Sold April 25, 2012

Last sale price $7,000 $5 Per Sq Ft

Est. 1,605% increase in value since last sale

Current estimated payment $654/month

Highlights

  • Traditional Architecture
  • Great Room
  • Some Wood Windows
  • Wood Flooring
  • Den
  • 1 Car Detached Garage

About This Home

As of April 2012

This home is a ready canvas for the savvy investor who can restore it back glory. At its foundation, it offers hardwood floors, a large lot and plenty of square footage to put your stamp on this property. Priced at only $5k, dont let this one slip away.

Last Agent to Sell the Property

Khary Goodwin

eXp Realty, LLC License #289490 Listed on: 04/11/2012

eXp Realty, LLC

Co-Listed By

Darnell Tate

Byrd Realty Services, LLC License #224841

Last Buyer's Agent

Maria Townsend

Crye-Leike, Inc., REALTORS License #279767

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $346

Year Built

  • Built in 1940

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 59 x 135
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,384 Sq Ft Home
  • 1.5-Story Property
  • Some Wood Windows
  • Great Room
  • Den
  • Storage Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Driveway

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Community Details

  • Mcgehee & Pilley Re Blk 35 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050058 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$346

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MCGEHEE & PILLEY BLK 35
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1384
  • Year Built: 1940
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Den, Great Room

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1D
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 11
  • Acreage: 0.18
  • Lot Size: 59 X 135

Tax Info

  • Assessor Parcel Number: 050058 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2012
Closed on
May 7, 2012
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Douglas Alaysha Monique
Seller's Agent
Khary Goodwin
eXp Realty, LLC
Buyer's Agent
Maria Townsend
Crye-Leike, Inc., REALTORS
List Price
$5,000
Sold Price
$7,000
Premium/Discount to List
$2,000
40%
Current Estimated Value
$119,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,329
Avg. Annual Appreciation
23.36%

Purchase Details

Closed on
Feb 16, 2012
Sold by
Mathes Latina M and Mathes Mario L
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 16, 1996
Sold by
Mathes Latina M
Bought by
Mathes Mario L and Mathes Latina M
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
Douglas Alaysha Monique $7,000 None Available
Secretary Of Housing & Urban Development $42,230 None Available
Mathes Mario L -- --
Mathes Latina M $45,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2012 04/25/12 Sold $7,000 +40.0% $6 / Sq Ft
04/17/2012 04/17/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $5,000 -- $4 / 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 $346 $16,150 $2,000 $14,150
2024 $346 $10,200 $1,000 $9,200
2023 $621 $10,200 $1,000 $9,200
2022 $621 $10,200 $1,000 $9,200
2021 $738 $10,200 $1,000 $9,200
2020 $706 $9,750 $1,000 $8,750
2019 $312 $9,750 $1,000 $8,750
2018 $312 $9,750 $1,000 $8,750
2017 $319 $9,750 $1,000 $8,750
2016 $441 $10,100 $0 $0
2014 $441 $10,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Khary Goodwin

    eXp Realty, LLC

    (901) 483-4904

    1 in this area

    22 Total Sales

    Khary Goodwin
    Section Image

  • D

    Seller Co-Listing Agent in 2012

    Darnell Tate

    Byrd Realty Services, LLC

    Section Image
  • Maria Townsend

    Buyer's Agent in 2012

    Maria Townsend

    Crye-Leike

    (901) 216-5605

    4 in this area

    97 Total Sales

    Maria Townsend
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3244953

Memphis Area Association of REALTORS®

APN: 05-0058-0-0011

Tennessee Shelby County Memphis 38109 South Memphis

135 E Fernwood Ave, Memphis, TN

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