NOT LISTED FOR SALE

Estimated Value: $112,599 - $138,000

3 Beds
1 Bath
1,600-1,799 Sq Ft
$69/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $115,000 $64 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $723/month

22 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Level Lot
  • Wood Flooring
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of April 2023

3 bedroom and 1 bath investment home for sale!

Last Agent to Sell the Property

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 02/07/2023

Last Buyer's Agent

Andrew Akins

CB Properties of Memphis, LLC License #350853 Listed on: 02/07/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $601

Year Built

  • Built in 1957

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 113x100
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,648 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Cherokee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059045 00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$601

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 757F
  • MAAR Subdivision Name: CHEROKEE
  • Condo: Yes
  • List Price Per Sq Ft: 70
  • Number Of Stories: 1
  • Price Per Sq Ft: 69.78
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1648
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 400
  • Acreage: 0.27
  • Lot Size: 113X100
  • Price Per Acre: 425926

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 059045 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Apr 6, 2023
Sold by
Memphis Turnkey Properties Gp
Bought by
Sharma Varun
Seller's Agent
Andrew Akins
CB Properties of Memphis, LLC
Buyer's Agent
Andrew Akins
CB Properties of Memphis, LLC
List Price
$115,000
Sold Price
$115,000
Views
1
Current Estimated Value
$123,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,900
Avg. Annual Appreciation
3.31%

Purchase Details

Closed on
Jul 1, 2022
Sold by
Richmond Albert S
Bought by
Memphis Turnkey Properties Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2006
Sold by
Clemons Terry Cray
Bought by
Richmond Albert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.6%
Mortgage Type
Unknown
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
Sharma Varun $115,000 Home Surety Title & Escrow
Memphis Turnkey Properties Gp $85,000 Coventry Escrow & Title
Richmond Albert S $60,000 Rels
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Turnkey Properties Gp $114,000
Previous Owner Richmond Albert S $57,000
Previous Owner Clemons Terry Cray $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $115,000 0.0% $72 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $115,000 -- $72 / 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 $601 $36,850 $2,625 $34,225
2024 $601 $17,725 $1,250 $16,475
2023 $1,080 $17,725 $1,250 $16,475
2022 $1,080 $17,725 $1,250 $16,475
2021 $1,092 $17,725 $1,250 $16,475
2020 $956 $13,200 $1,250 $11,950
2019 $422 $13,200 $1,250 $11,950
2018 $422 $13,200 $1,250 $11,950
2017 $432 $13,200 $1,250 $11,950
2016 $516 $11,800 $0 $0
2014 $516 $11,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10145524

Memphis Area Association of REALTORS®

APN: 05-9045-0-0017