NOT LISTED FOR SALE

Estimated Value: $84,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$70/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $55,000 $46 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $495/month

Highlights

  • 0.57 Acre Lot
  • 1 Fireplace
  • 2 Car Detached Garage
  • Traditional Architecture
  • Separate Formal Living Room
  • Central Heating and Cooling System

About This Home

As of March 2023

Owner will only sell with the adjacent vacant lot at 1348 Longcrest. Turn-Key Cash Flowing Property! Currently rented for $625/mth by a long term tenant! Professionally managed by Renshaw Property Management. Huge detached garage in the back that can also be used for storage, a workshop, or converted to a separate income producing property! Do not disturb tenant. Purchase this property & walk right into residual income. Call today to discuss how I can help you build wealth through real estate!

Last Agent to Sell the Property

Kesha Hamilton

Keller Williams License #320924 Listed on: 03/12/2023

Keller Williams

Last Buyer's Agent

Kesha Hamilton

Keller Williams License #320924 Listed on: 03/12/2023

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 100x250
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,120 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Old Home Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 082052 00028

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 765C
  • MAAR Subdivision Name: OLD HOME TOWN
  • List Price Per Sq Ft: 53
  • Number Of Stories: 1
  • Price Per Sq Ft: 49.11
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1120
  • Year Built: 1948
  • 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: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 57
  • Acreage: 0.57
  • Lot Size: 100X250
  • Price Per Acre: 103509

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 082052 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2023
Closed on
Mar 17, 2023
Sold by
Pegasus Real Estate Services Llc
Bought by
Tcm Houses Llc
Seller's Agent
Kesha Hamilton
Keller Williams
Buyer's Agent
Kesha Hamilton
Keller Williams
List Price
$59,000
Sold Price
$55,000
Premium/Discount to List
-$4,000
-6.78%
Views
48
Current Estimated Value
$84,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,000
Avg. Annual Appreciation
20.61%

Purchase Details

Listed on
Mar 12, 2023
Closed on
Mar 6, 2023
Sold by
Alejandro Marina and Alejandro Rodolfo
Bought by
Pegasus Real Estate Services Llc
Seller's Agent
Kesha Hamilton
Keller Williams
Buyer's Agent
Kesha Hamilton
Keller Williams
List Price
$59,000
Sold Price
$55,000
Premium/Discount to List
-$4,000
-6.78%
Views
48

Purchase Details

Closed on
Jan 2, 2009
Sold by
Kelley Timothy
Bought by
Dobbs Virginia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,994
Interest Rate
10%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 29, 2008
Sold by
Dobbs Virgina L
Bought by
Alejandro Marina and Alejandro Roldolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,994
Interest Rate
10%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 27, 2000
Sold by
Martin David B and Martin John B
Bought by
Dobbs Virginia L and Duncan Becky Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
10%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Tcm Houses Llc $129,900 Saddle Creek Title
Pegasus Real Estate Services Llc $55,000 Saddle Creek Title
Dobbs Virginia L -- None Available
Alejandro Marina $20,994 None Available
Dobbs Virginia L $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alejandro Marina $20,994
Previous Owner Dobbs Virginia L $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $55,000 -6.8% $55 / Sq Ft
03/12/2023 03/12/23 For Sale $59,000 -- $59 / 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 -- $12,675 $1,675 $11,000
2024 $328 $9,675 $1,450 $8,225
2023 $589 $9,675 $1,450 $8,225
2022 $589 $9,675 $1,450 $8,225
2021 $596 $9,675 $1,450 $8,225
2020 $735 $10,150 $1,450 $8,700
2019 $735 $10,150 $1,450 $8,700
2018 $735 $10,150 $1,450 $8,700
2017 $417 $10,150 $1,450 $8,700
2016 $434 $9,925 $0 $0
2014 $434 $9,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10143594

Memphis Area Association of REALTORS®

APN: 08-2052-0-0028