NOT LISTED FOR SALE

Estimated Value: $87,000 - $132,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$88/Sq Ft Est. Value

Last Sold January 07, 2019

Last sale price $40,000 $33 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $593/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Patio
  • Wood Flooring
  • Storm Windows
  • Central Heating and Cooling System

About This Home

As of January 2019

Excellent rental home. Currently rented for $675/month.

Last Agent to Sell the Property

Adam Underwood

Crye-Leike, Inc., REALTORS License #345013 Listed on: 12/15/2018

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Adam Underwood

Crye-Leike, Inc., REALTORS License #345013 Listed on: 12/15/2018

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $418

Year Built

  • Built in 1955

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 60x153.22
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,049 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Storm Windows

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Cherry Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058106 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$418

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 758E
  • MAAR Subdivision Name: CHERRY GARDENS
  • List Price Per Sq Ft: 38
  • Number Of Stories: 1
  • Price Per Sq Ft: 38.13
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1049
  • Year Built: 1955
  • 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, Part Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Storm Window(s)

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 144
  • Acreage: 0.39
  • Lot Size: 60X153.22
  • Price Per Acre: 102564

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 058106 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2019
Sold by
Neighborhood Revival Llc
Bought by
Nhr Memphis I Llc
Current Estimated Value
$105,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,352,375
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 15, 2018
Closed on
Jan 7, 2019
Sold by
West Tenness Investments Llc
Bought by
Neighborhood Revival Llc
Seller's Agent
Adam Underwood
Crye-Leike, Inc., REALTORS
Buyer's Agent
Adam Underwood
Crye-Leike, Inc., REALTORS
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.36%

Purchase Details

Closed on
May 9, 2017
Sold by
Mayfield Barry and Stolarick Robert
Bought by
West Tennessee Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.14%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 18, 2015
Closed on
Feb 16, 2017
Sold by
Winged Bull Llc
Bought by
Mayfield Barry and Stolarick Robert
Seller's Agent
Jerry Modesto
Crye-Leike, Inc., REALTORS
Buyer's Agent
James Anson Underwood
Crye-Leike, Inc., REALTORS
List Price
$47,500
Sold Price
$34,600
Premium/Discount to List
-$12,900
-27.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.71%

Purchase Details

Closed on
Mar 15, 2013
Sold by
St George Estate Usa Llc
Bought by
Winged Bull Llc

Purchase Details

Closed on
Apr 12, 2011
Sold by
Memphis Investment Rental Properties Llc
Bought by
St George Estate Usa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,500
Interest Rate
4.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 20, 2010
Sold by
Pegasus Real Estate Services Llc
Bought by
Memphis Investment Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2009
Sold by
Tennessee Housing Development Agency
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 6, 2009
Sold by
Hall Burnadine
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
Jul 16, 1996
Sold by
Richardson Ronald L and Richardson Melanie J
Bought by
Hall Burnadine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,427
Interest Rate
8.4%
Mortgage Type
FHA
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
Nhr Memphis I Llc -- Os National Llc
Neighborhood Revival Llc $40,000 Coventry Escrow And Title Co
West Tennessee Investments Llc -- None Available
Mayfield Barry $34,600 None Available
Winged Bull Llc $42,000 None Available
St George Estate Usa Llc $55,000 Tam Title & Escrow Llc
Memphis Investment Rental Properties Llc -- None Available
Secretary Of Housing & Urban Development $38,412 None Available
Tennessee Housing Development Agency $38,412 None Available
Hall Burnadine $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Nhr Memphis I Llc $2,352,375
Previous Owner West Tennessee Investments Llc $130,000
Previous Owner St George Estate Usa Llc $27,500
Previous Owner Memphis Investment Rental Properties Llc $30,000
Previous Owner Hall Burnadine $44,427
Closed Hall Burnadine $2,898
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2019 01/07/19 Sold $40,000 0.0% $40 / Sq Ft
12/15/2018 12/15/18 Pending -- -- --
12/15/2018 12/15/18 For Sale $40,000 +15.6% $40 / Sq Ft
02/16/2017 02/16/17 Sold $34,600 +5025.9% $35 / Sq Ft View Prior Sale
01/31/2017 01/31/17 Pending -- -- --
02/23/2016 02/23/16 Rented $675 -15.1% --
02/20/2016 02/20/16 Under Contract -- -- --
12/04/2015 12/04/15 For Rent $795 0.0% --
09/18/2015 09/18/15 For Sale $47,500 -- $48 / 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 $418 $21,325 $5,000 $16,325
2024 $418 $12,325 $2,900 $9,425
2023 $751 $12,325 $2,900 $9,425
2022 $751 $12,325 $2,900 $9,425
2021 $425 $12,325 $2,900 $9,425
2020 $781 $10,775 $2,650 $8,125
2019 $344 $10,775 $2,650 $8,125
2018 $344 $10,775 $2,650 $8,125
2017 $353 $10,775 $2,650 $8,125
2016 $508 $11,625 $0 $0
2014 $508 $11,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10042503

Memphis Area Association of REALTORS®

APN: 05-8106-0-0009