NOT LISTED FOR SALE

Estimated Value: $116,000 - $165,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$101/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $141,000 $101 Per Sq Ft

Current estimated payment $824/month

Highlights

  • Updated Kitchen
  • Some Wood Windows
  • Tile Flooring
  • Traditional Architecture
  • Living Room
  • Central Heating and Cooling System

About This Home

As of November 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $995 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 08/30/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $575

Year Built

  • Built in 1951

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65x126
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,341 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Living Room
  • Dining Room
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Cherokee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059043 00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$575

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 757F
  • MAAR Subdivision Name: CHEROKEE
  • List Price Per Sq Ft: 105
  • Number Of Stories: 1
  • Price Per Sq Ft: 105.15
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1341
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 49
  • Acreage: 0.18
  • Lot Size: 65X126
  • Price Per Acre: 783333

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 059043 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Nov 15, 2021
Sold by
Memphis Investment Properties Iii Llc
Bought by
Wharton Jennifer Michelle Arnold
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$141,000
Sold Price
$141,000
Current Estimated Value
$141,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$628
Avg. Annual Appreciation
-0.74%
Original Mortgage
$112,000
Outstanding Balance
$103,487
Interest Rate
2.99%
Mortgage Type
VA
Estimated Equity
$33,657

Purchase Details

Closed on
Aug 19, 2021
Sold by
Walker Lagretta M
Bought by
Memphis Investment Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
2.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wharton Jennifer Michelle Arnold $141,000 Delta Title Services Llc
Memphis Investment Properties Iii Llc $40,000 Delta Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wharton Jennifer Michelle Arnold $112,000
Previous Owner Memphis Investment Properties Iii Llc $75,000
Previous Owner Walker Lagretta $51,445
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $141,000 0.0% $118 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $141,000 -- $118 / 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 $575 $40,950 $2,625 $38,325
2024 $575 $16,975 $1,250 $15,725
2023 $1,034 $16,975 $1,250 $15,725
2022 $1,034 $16,975 $1,250 $15,725
2021 $1,229 $16,975 $1,250 $15,725
2020 $915 $12,625 $1,250 $11,375
2019 $403 $12,625 $1,250 $11,375
2018 $403 $12,625 $1,250 $11,375
2017 $413 $12,625 $1,250 $11,375
2016 $495 $11,325 $0 $0
2014 $495 $11,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10107662

Memphis Area Association of REALTORS®

APN: 05-9043-0-0020