$23,000
SOLD JAN 19, 2018
2 Beds
1 Bath
1,400-1,599 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$14 Per Sq Ft

19% Below List Price

5 Days on Market

Highlights

  • 1 Fireplace
  • Bungalow
  • Level Lot
  • Porch
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2020

Great rehab opportunity. This home is located within minutes from the Crosstown Concourse, Overton Square, the Medical District and Downtown. Property has experienced some fire damage sold AS IS.

Last Agent to Sell the Property

Kevin Mills

Lawrence Johnson, REALTORS License #273232 Listed on: 12/28/2017

Last Buyer's Agent

Virginia Sharp

Ware Jones, REALTORS License #267532

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,106

Year Built

  • Built in 1925

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 160
  • Level Lot

Parking

  • Driveway

Home Design

  • Bungalow
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,519 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Speedway Terr Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 036004 00032

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,106

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MLS Map #: 744C
  • MAAR Subdivision Name: SPEEDWAY TERRACE BLK C
  • List Price Per Sq Ft: 19
  • Number Of Stories: 1
  • Price Per Sq Ft: 15.14
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1519
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 72
  • Acreage: 0.18
  • Lot Size: 50 X 160
  • Price Per Acre: 158333

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 036004 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2020
Sold by
Tko Enterprises Ltd
Bought by
Kms Mem Whs Llc
Current Estimated Value
$364,013

Purchase Details

Listed on
Nov 1, 2019
Closed on
Jan 14, 2020
Sold by
Petrauskas Capital Llc
Bought by
Carter Michael E and Carter Robin M
Seller's Agent
Virginia Sharp
Ware Jones, REALTORS
Buyer's Agent
Lynda Baddour
Ware Jones, REALTORS
List Price
$369,000
Sold Price
$369,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.25%
Original Mortgage
$332,100
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2019
Sold by
Petrauskas Capital Llc
Bought by
Petrauskas Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,260
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 28, 2017
Closed on
Jan 22, 2018
Sold by
Hutchison Beatrice
Bought by
Petrauskas Capital Llc
Seller's Agent
Kevin Mills
Lawrence Johnson, REALTORS
Buyer's Agent
Virginia Sharp
Ware Jones, REALTORS
List Price
$28,500
Sold Price
$23,000
Premium/Discount to List
-$5,500
-19.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.31%
Interest Rate
4.04%

Purchase Details

Closed on
Feb 26, 1998
Sold by
Jones Edward
Bought by
Hutchison Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
7.07%
Mortgage Type
Unknown
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Realty Title & Escrow Co Inc
Warranty Deed $369,000 None Available
Interfamily Deed Transfer -- Realty Title & Escrow Co Inc
Deed $23,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,500 New Conventional
Previous Owner $332,100 New Conventional
Previous Owner $208,260 Construction
Previous Owner -- No Value Available
Previous Owner $49,500 Unknown
Previous Owner $49,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2020 01/15/20 Sold $369,000 0.0% $142 / Sq Ft
11/01/2019 11/01/19 For Sale $369,000 +1504.3% $142 / Sq Ft
01/19/2018 01/19/18 Sold $23,000 -19.3% $16 / Sq Ft
01/02/2018 01/02/18 Pending -- -- --
12/28/2017 12/28/17 For Sale $28,500 -- $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 $3,106 $104,625 $5,075 $99,550
2024 $3,106 $91,625 $2,000 $89,625
2023 $5,581 $91,625 $2,000 $89,625
2022 $5,581 $91,625 $2,000 $89,625
2021 $5,647 $91,625 $2,000 $89,625
2020 $6,789 $93,700 $2,000 $91,700
2019 $64 $2,000 $2,000 $0
2018 $603 $18,875 $2,000 $16,875
2017 $618 $18,875 $2,000 $16,875
2016 $829 $18,975 $0 $0
2014 $502 $18,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10017650

Memphis Area Association of REALTORS®

APN: 03-6004-0-0032