$75,000
SOLD NOV 27, 2024
3 Beds
1.5 Baths
1,000-1,199 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$63 Per Sq Ft

12% Below List Price

39 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring
  • Central Air
  • 2-minute walk to Lincoln Park

About This Home

As of November 2024

BACK ON THE MARKET!!!! This beautiful home is located in the historic Gaslight neighborhood, just minutes for Elvis Presley. Though an older home, it boasts three spacious bedrooms, one and a half baths, and a large, gated backyard-perfect for entertaining or relaxation. This property is an excellent choice for first time homebuyers or as an ideal investment property. With access to fantastic first time homebuyer programs and city of Memphis incentives, this home offers incredible value and opportunity. Take advantage of the great financing options available and make this house your dream home today. The home is being sold "As Is" and should qualify for financing. No repairs will be performed on this great steal.

Last Agent to Sell the Property

Valencia Gathwright

Keller Williams License #359046 Listed on: 09/27/2024

Keller Williams

Last Buyer's Agent

Duane Kinnard

Tri-Leake Realty License #335044

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $439

Year Built

  • Built in 1961

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,160 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Gaslight Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060079 00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$439

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748A
  • MAAR Subdivision Name: GASLIGHT SQUARE
  • Number Of Stories: 1
  • Price Per Sq Ft: 64.66
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1160
  • Year Built: 1961
  • List Price/ Sq Ft: 65
  • 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: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Gas

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 1
  • Acreage: 0.16
  • Lot Size: 60X120
  • Price Per Acre: 468750
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 060079 00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Dec 6, 2024
Sold by
Yai Real Estate Llc
Bought by
Memphis Re 4 Llc
Seller's Agent
Valencia Gathwright
Keller Williams
Buyer's Agent
Duane Kinnard
Tri-Leake Realty
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Total Days on Market
39
Views
18
Current Estimated Value
$77,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,616
Avg. Annual Appreciation
7.10%

Purchase Details

Listed on
Sep 27, 2024
Closed on
Nov 14, 2024
Sold by
Hunt Eddie and Conard Lisa
Bought by
Yai Real Estate Llc
Seller's Agent
Valencia Gathwright
Keller Williams
Buyer's Agent
Duane Kinnard
Tri-Leake Realty
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Views
18
Source: Public Records

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Range of Values:

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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 $219,925 Advocate Title & Escrow Servic
Warranty Deed $75,000 Preferred Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $75,000 -11.8% $75 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/29/2024 10/29/24 For Sale $85,000 0.0% $85 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $85,000 -- $85 / 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 $439 $20,500 $2,250 $18,250
2024 $439 $12,950 $1,250 $11,700
2023 $789 $12,950 $1,250 $11,700
2022 $789 $12,950 $1,250 $11,700
2021 $798 $12,950 $1,250 $11,700
2020 $864 $11,925 $1,250 $10,675
2019 $864 $11,925 $1,250 $10,675
2018 $864 $11,925 $1,250 $10,675
2017 $490 $11,925 $1,250 $10,675
2016 $488 $11,175 $0 $0
2014 $488 $11,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10182227

Memphis Area Association of REALTORS®

APN: 06-0079-0-0029