NOT LISTED FOR SALE

Estimated Value: $92,000 - $111,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$82/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $99,000 $83 Per Sq Ft

Current estimated payment $567/month

41 Days on Market

Highlights

  • Two Primary Bathrooms
  • Wood Flooring
  • Some Wood Windows
  • Traditional Architecture
  • Separate Formal Living Room
  • 1 Car Attached Garage

About This Home

As of February 2024

This 2/3 bedroom, 1 bath ranch is located near the University of Memphis's south campus, just a short drive from I-240. Home was a successful rental, but could also be a great fit for an owner/occupant. The exterior of the home is in the process of being painted. Schedule your showing today!

Last Agent to Sell the Property

Alyssa Ivey

eXp Realty License #360977 Listed on: 01/09/2024

eXp Realty

Last Buyer's Agent

Juan Casem

Crye-Leike Inc., REALTORS License #248712

Crye-Leike Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1953

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 60x154
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,047 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Two Primary Bathrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Cherry Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058106 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Dunn
  • MLS Map #: 758E
  • MAAR Subdivision Name: CHERRY GARDENS
  • Number Of Stories: 1
  • Price Per Sq Ft: 94.56
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1047
  • Year Built: 1953
  • List Price/ Sq Ft: 100
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 2 Full Primary Baths
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 149
  • Acreage: 0.39
  • Lot Size: 60X154
  • Price Per Acre: 269231

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 058106 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Feb 21, 2024
Sold by
Schmitz Thomas and Schmitz Laura
Bought by
Porter Ray
Seller's Agent
Alyssa Ivey
eXp Realty
Buyer's Agent
Juan Casem
Crye-Leike Inc., REALTORS
List Price
$113,000
Sold Price
$99,000
Premium/Discount to List
-$14,000
-12.39%
Views
19
Current Estimated Value
$98,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$123
Avg. Annual Appreciation
-0.08%

Purchase Details

Closed on
Oct 5, 2005
Sold by
Momo Llc
Bought by
Schmitz Thomas and Schmitz Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 12, 2005
Sold by
Federal National Mortgage Association
Bought by
Momo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2004
Sold by
Cherry Michael W and Cherry Tanya L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 13, 2002
Sold by
Vaughn Jeffrey C and Vaughn Lorraine G
Bought by
Salomon Brothers Realty Corp
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
Porter Ray $99,000 None Listed On Document
Schmitz Thomas $74,000 --
Momo Llc $33,500 West Tn Title Ins Agency
Federal National Mortgage Association $48,078 --
Salomon Brothers Realty Corp $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmitz Thomas $59,200
Previous Owner Momo Llc $56,000
Closed Schmitz Thomas $11,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2024 02/21/24 Sold $99,000 -5.7% $99 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
01/26/2024 01/26/24 Price Changed $105,000 -7.1% $105 / Sq Ft
01/09/2024 01/09/24 For Sale $113,000 -- $113 / 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 $500 $23,800 $5,000 $18,800
2024 $500 $14,750 $2,900 $11,850
2023 $899 $14,750 $2,900 $11,850
2022 $899 $14,750 $2,900 $11,850
2021 $909 $14,750 $2,900 $11,850
2020 $870 $12,000 $2,650 $9,350
2019 $870 $12,000 $2,650 $9,350
2018 $870 $12,000 $2,650 $9,350
2017 $493 $12,000 $2,650 $9,350
2016 $523 $11,975 $0 $0
2014 $523 $11,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10163824

Memphis Area Association of REALTORS®

APN: 05-8106-0-0004