NOT LISTED FOR SALE

Estimated Value: $44,000 - $99,000

2 Beds
1 Bath
696 Sq Ft
$120/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $31,000 $45 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $458/month

About This Home

As of September 2020

Great Investment Opportunity! Tenant Occupied...rented for 500.00 per month thru January 2021 with property management company....DO NOT DISTURB TENANT....AS IS cash sale...No sign...drive by only...Don't miss out on this rare find!

Last Agent to Sell the Property

Tracy Jefferson

Crye-Leike, Inc., REALTORS License #334930 Listed on: 09/07/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tracy Jefferson

Crye-Leike, Inc., REALTORS License #334930 Listed on: 09/07/2020

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $150

Year Built

  • Built in 1946

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x110

Interior Spaces

  • 696 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Lambert ~ Subdivision

Listing and Financial Details

  • Assessor Parcel Number 042027 00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$150

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 742D
  • MAAR Subdivision Name: LAMBERT
  • List Price Per Sq Ft: 50
  • Number Of Stories: 1
  • Price Per Sq Ft: 44.54
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 696
  • Year Built: 1946
  • 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: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Lot Info

  • Lot Number: 40
  • Acreage: 0.12
  • Lot Size: 50X110
  • Price Per Acre: 291667

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 042027 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2024
Sold by
Mid South Home Buyers Llc and Mid South Homebuyers Gp
Bought by
Kathleen Megan Richards Living Trust and Richards
Current Estimated Value
$83,647

Purchase Details

Closed on
Jul 28, 2023
Sold by
Negi Family Revocable Trust
Bought by
Mid South Homebuyers Gp

Purchase Details

Closed on
Oct 21, 2019
Sold by
Jones Terrance
Bought by
Mason Ruby L

Purchase Details

Listed on
May 11, 2018
Closed on
Jun 1, 2018
Sold by
Lll 12L
Bought by
Jones Terrance
Seller's Agent
Whit Simmons
Enterprise, REALTORS
Buyer's Agent
Jeremy Moore
C21 Patterson & Assoc. Real Es
List Price
$19,900
Sold Price
$12,000
Premium/Discount to List
-$7,900
-39.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.69%

Purchase Details

Closed on
Aug 28, 2014
Sold by
Newman Robert
Bought by
Mason Anthony

Purchase Details

Closed on
Jan 14, 2011
Sold by
Tennessee Housing Development Agency
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 14, 2010
Sold by
Benson Wanda
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
Oct 31, 2001
Sold by
Cannon Albert James
Bought by
Benson Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,057
Interest Rate
6.67%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 1998
Sold by
Cannon Lola M and Cannon J
Bought by
Cannon Albert James
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
Kathleen Megan Richards Living Trust $102,400 None Listed On Document
Mid South Homebuyers Gp $31,000 None Listed On Document
Mason Ruby L $50,000 Nexus Title & Escrow Llc
Jones Terrance $12,000 Close Trak Closing & Title S
Mason Anthony -- Preferred Title & Escrow
Secretary Of Housing & Urban Development $25,759 None Available
Tennessee Housing Development Agency $25,759 None Available
Benson Wanda $25,000 --
Cannon Albert James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benson Wanda $900
Previous Owner Benson Wanda $25,057
Closed Benson Wanda $2,008
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $31,000 -11.4% $45 / Sq Ft
09/07/2020 09/07/20 For Sale $35,000 +191.7% $50 / Sq Ft
06/01/2018 06/01/18 Sold $12,000 -39.7% $12 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $19,900 -- $20 / 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 $150 $24,425 $1,375 $23,050
2024 $150 $4,425 $875 $3,550
2023 $270 $4,425 $875 $3,550
2022 $270 $4,425 $875 $3,550
2021 $120 $4,425 $875 $3,550
2020 $129 $4,025 $875 $3,150
2019 $129 $4,025 $875 $3,150
2018 $129 $4,025 $875 $3,150
2017 $132 $4,025 $875 $3,150
2016 $173 $3,950 $0 $0
2014 $173 $3,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10084402

Memphis Area Association of REALTORS®

APN: 04-2027-0-0026