NOT LISTED FOR SALE

Estimated Value: $87,000 - $153,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$97/Sq Ft Est. Value

Last Sold December 30, 2020

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

Est. 111% increase in value since last sale

Current estimated payment $683/month

7 Days on Market

Highlights

  • Separate Formal Living Room
  • Bungalow
  • Floor Furnace
  • Eat-In Kitchen
  • Dining Room
  • Level Lot

About This Home

As of December 2020

Home is in need of major repairs. Serious inquires only please. Cash or local bank financing. Owner/Agent.

Last Agent to Sell the Property

Bradley Reedy

Reedy & Company, REALTORS License #325132 Listed on: 12/02/2020

Last Buyer's Agent

Ashley Brackens

REMAX Experts License #337645

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $554

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 45x150
  • Level Lot

Parking

  • Driveway

Home Design

  • Bungalow

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,073 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Separate Formal Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Floor Furnace

Community Details

  • Speedway Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 036003 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$554

Year Built

Built in 1920

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
  • List Price Per Sq Ft: 56
  • Number Of Stories: 1
  • Price Per Sq Ft: 51.26
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1073
  • Year Built: 1920
  • 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
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Smooth Ceiling
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Floor Furnace

Lot Info

  • Lot Description: Level
  • Lot Number: 29
  • Acreage: 0.15
  • Lot Size: 45X150
  • Price Per Acre: 399333

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 036003 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Dec 29, 2020
Sold by
Memphis Investment Properties Ii Llc
Bought by
Larmour James
Seller's Agent
Bradley Reedy
Reedy & Company, REALTORS
Buyer's Agent
Ashley Brackens
REMAX Experts
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Current Estimated Value
$116,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,212
Avg. Annual Appreciation
17.51%
Original Mortgage
$100,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 2, 2020
Closed on
Nov 24, 2020
Sold by
Bailey Dewayne
Bought by
Memphis Investment Properties Ii Llc
Seller's Agent
Bradley Reedy
Reedy & Company, REALTORS
Buyer's Agent
Ashley Brackens
REMAX Experts
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 2, 2020
Closed on
Nov 19, 2020
Sold by
Bailey Michael
Bought by
Bailey Dewayne
Seller's Agent
Bradley Reedy
Reedy & Company, REALTORS
Buyer's Agent
Ashley Brackens
REMAX Experts
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 2, 2020
Closed on
Nov 18, 2020
Sold by
Bailey Gwendolyn
Bought by
Bailey Dewayne
Seller's Agent
Bradley Reedy
Reedy & Company, REALTORS
Buyer's Agent
Ashley Brackens
REMAX Experts
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2006
Sold by
Bailey Dewayne
Bought by
Bailey Edgar

Purchase Details

Closed on
Mar 10, 2004
Sold by
Bailey Edgar
Bought by
Bailey Dewayne
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
Larmour James $55,000 Delta Title Services Llc
Memphis Investment Properties Ii Llc $28,000 Delta Title Services Llc
Bailey Dewayne -- Delta Title Services Llc
Bailey Dewayne -- None Available
Bailey Dewayne -- Delta Title Services Llc
Bailey Edgar -- None Available
Bailey Dewayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larmour James Jacob $159,250
Closed Larmour James $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $55,000 -8.2% $55 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $59,900 -- $60 / 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 $554 $28,275 $5,075 $23,200
2024 $554 $16,350 $2,000 $14,350
2023 $996 $16,350 $2,000 $14,350
2022 $996 $16,350 $2,000 $14,350
2021 $1,184 $16,350 $2,000 $14,350
2020 $650 $8,975 $2,000 $6,975
2019 $287 $8,975 $2,000 $6,975
2018 $287 $8,975 $2,000 $6,975
2017 $294 $8,975 $2,000 $6,975
2016 $482 $11,025 $0 $0
2014 $482 $11,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10089814

Memphis Area Association of REALTORS®

APN: 03-6003-0-0009