NOT LISTED FOR SALE

Estimated Value: $70,000 - $91,000

3 Beds
1.5 Baths
1,160 Sq Ft
$70/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $75,000 $65 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $455/month

61 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Heating System Uses Natural Gas
  • 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.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $789

Year Built

  • Built in 1961

Lot Details

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

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,160 Sq Ft Home
  • Property has 3 Levels
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Pad

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Gaslight Square Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 060079 00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$789

Year Built

Built in 1961

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1961
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 1160
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Parking Pad
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size: 60X120
  • Lot Size Units: Acres
  • Parcel #: 060079 00029
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 789
  • Tax Lot: 1

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
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Views
18
Current Estimated Value
$81,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,265
Avg. Annual Appreciation
6.80%

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
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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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
Memphis Re 4 Llc $219,925 Advocate Title & Escrow Servic
Yai Real Estate Llc $75,000 Preferred Title & Escrow
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold $75,000 -11.8% $65 / Sq Ft
11/27/2024 11/27/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $85,000 -- $73 / Sq Ft
Source: Realtracs

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
Source: Public Records

Map

Source: Realtracs

MLS Number: 3019296

Realtracs

APN: 06-0079-0-0029

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