NOT LISTED FOR SALE

Estimated Value: $83,000 - $167,000

3 Beds
1 Bath
1,400-1,599 Sq Ft
$85/Sq Ft Est. Value

Last Sold March 14, 2019

Last sale price $30,000 $19 Per Sq Ft

Est. 382% increase in value since last sale

Current estimated payment $865/month

65 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Some Wood Windows
  • Wood Flooring
  • Separate Formal Living Room
  • Porch

About This Home

As of March 2019

3 bedroom, 1 bath home with carport. Property is Owned by US Dept. of HUD; case# 482-390145 IE (insured with escrow) subject to appraisal, Seller makes no representations or warranties as to the property condition. HUD homes are sold "as is" Pre-1978 Properties to include LBP Notices, Equal Housing Opportunity, Seller may contribute up to 3% for buyer closing cost upon buyer request

Last Agent to Sell the Property

Chad Engelke

United Real Estate Mid South License #314041 Listed on: 09/04/2018

United Real Estate Mid South

Co-Listed By

Ed Engelke

United Real Estate Mid South License #309830

Last Buyer's Agent

Mid- South Rentals

Renshaw Company, REALTORS License #323965

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $881

Year Built

  • Built in 1912

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 43.5 x 150
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,490 Sq Ft Home
  • 1.2-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

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

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Porch

Community Details

  • Speedway Terr Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021102 00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$881

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 744C
  • MAAR Subdivision Name: SPEEDWAY TERRACE BLK B
  • List Price Per Sq Ft: 15
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 20.13
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1490
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout, Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 112and113
  • Acreage: 0.15
  • Lot Size: 43.5 X 150
  • Price Per Acre: 150000

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 021102 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Mar 13, 2019
Sold by
Carson Ben
Bought by
Neely Kelvin
Seller's Agent
Chad Engelke
United Real Estate Mid South
Buyer's Agent
Mid- South Rentals
Renshaw Company, REALTORS
List Price
$22,500
Sold Price
$30,000
Premium/Discount to List
$7,500
33.33%
Current Estimated Value
$144,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,670
Avg. Annual Appreciation
28.25%
Original Mortgage
$3,500
Interest Rate
4.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 30, 2018
Sold by
Bank Of America N A
Bought by
The Secretary Of Housing And Urban Devel

Purchase Details

Closed on
May 21, 2013
Sold by
Priest Charles
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 4, 1997
Sold by
H & M Properties
Bought by
Priest Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,400
Interest Rate
7.97%
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
Neely Kelvin $30,000 None Available
The Secretary Of Housing And Urban Devel -- None Available
Bank Of America Na $18,720 None Available
Priest Charles R $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neely Kelvin $4,009
Closed Neely Kelvin L $3,500
Open Neely Kelvin $98,272
Previous Owner Priest Charles $101,021
Previous Owner Priest Charles R $90,000
Previous Owner Priest Charles R $68,917
Previous Owner Priest Charles R $64,620
Previous Owner Priest Charles $54,782
Previous Owner Priest Charles R $47,400
Closed Priest Charles R $11,082
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2019 03/14/19 Sold $30,000 +33.3% $21 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $22,500 0.0% $16 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $22,500 -- $16 / 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 $881 $38,200 $5,075 $33,125
2024 $881 $26,000 $2,000 $24,000
2023 $1,584 $26,000 $2,000 $24,000
2022 $1,584 $26,000 $2,000 $24,000
2021 $1,602 $26,000 $2,000 $24,000
2020 $1,429 $19,725 $2,000 $17,725
2019 $630 $19,725 $2,000 $17,725
2018 $630 $19,725 $2,000 $17,725
2017 $645 $19,725 $2,000 $17,725
2016 $870 $19,900 $0 $0
2014 $870 $19,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10035817

Memphis Area Association of REALTORS®

APN: 02-1102-0-0016