NOT LISTED FOR SALE

Estimated Value: $47,000 - $98,000

2 Beds
1 Bath
935 Sq Ft
$73/Sq Ft Est. Value

Last Sold March 29, 2012

Last sale price $7,500 $8 Per Sq Ft

Est. 804% increase in value since last sale

Current estimated payment $382/month

Highlights

  • Traditional Architecture
  • Den
  • 1 Car Attached Garage
  • Separate Formal Living Room
  • Porch
  • Laundry Room

About This Home

As of March 2012

Great investment opportunity`This is an FHA reverse mortgage product whose sale is promulgated by Federal Law (24 CFR 206.125 to be exact).It is a HUD home that cannot be sold for less than the current "AS-IS" appraised value`no Repairs`no home warranty

Last Agent to Sell the Property

Landra Pryor

Crye-Leike, Inc., REALTORS License #263788 Listed on: 09/23/2011

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Chardayle Robinson

Crye-Leike, Inc., REALTORS License #229012

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $268

Year Built

  • Built in 1942

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 935 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Wall to Wall Carpet
  • Iron Doors
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Porch

Community Details

  • New South Memphis Blk 31 Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 050062 00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$268

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: THIRD
  • MLS Map #: 747C
  • MAAR Subdivision Name: NEW SOUTH MEMPHIS BLK 31
  • Corporate Own: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 8.02
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 935
  • Year Built: 1942
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Smooth Ceiling
  • Bedrooms: 2
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Smooth Ceiling

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 14
  • Acreage: 0.17
  • Lot Size: 50 X 150

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 050062 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2011
Closed on
Mar 27, 2012
Sold by
Federal National Mortgage Association
Bought by
Washington Barbara
Seller's Agent
Landra Pryor
Crye-Leike, Inc., REALTORS
Buyer's Agent
Chardayle Robinson
Crye-Leike, Inc., REALTORS
List Price
$7,500
Sold Price
$7,500
Current Estimated Value
$67,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,303
Avg. Annual Appreciation
17.66%

Purchase Details

Closed on
Aug 8, 2011
Sold by
Greer Johnnie D
Bought by
Federal National Mortgage Association
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
Washington Barbara $7,500 Preferred Title & Escrow Llc
Federal National Mortgage Association $10,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2012 03/29/12 Sold $7,500 0.0% $8 / Sq Ft
03/12/2012 03/12/12 Pending -- -- --
09/23/2011 09/23/11 For Sale $7,500 -- $8 / 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 $268 $12,450 $2,000 $10,450
2024 $268 $7,900 $1,000 $6,900
2023 $481 $7,900 $1,000 $6,900
2022 $481 $7,900 $1,000 $6,900
2021 $487 $7,900 $1,000 $6,900
2020 $551 $7,600 $1,000 $6,600
2019 $551 $7,600 $1,000 $6,600
2018 $551 $7,600 $1,000 $6,600
2017 $312 $7,600 $1,000 $6,600
2016 $347 $7,950 $0 $0
2014 $347 $7,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3233054

Memphis Area Association of REALTORS®

APN: 05-0062-0-0018