NOT LISTED FOR SALE

Estimated Value: $119,000 - $152,000

2 Beds
1 Bath
1,400-1,599 Sq Ft
$87/Sq Ft Est. Value

Last Sold December 19, 2017

Last sale price $32,000 $20 Per Sq Ft

Est. 335% increase in value since last sale

Current estimated payment $791/month

Highlights

  • The property is located in a historic district
  • Traditional Architecture
  • Breakfast Room
  • Den with Fireplace
  • Separate Formal Living Room
  • Some Wood Windows

About This Home

As of December 2017

PRICE REDUCED! HOME IN NICE QUITE CHERRY GARDENS. CLOSE TO UNIVERSITY OF MEMPHIS. LARGE MASTER BEDROOM . HUGE DEN WITH FIREPLACE . LR/DR COMBO, SEPARATE BREAKFAST ROOM. TENANT OCCUPIED.

Last Agent to Sell the Property

Leah Douglas-Wooten

Progressive Realty Services License #241842 Listed on: 11/30/2017

Last Buyer's Agent

Leah Douglas-Wooten

Progressive Realty Services License #241842 Listed on: 11/30/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $641

Year Built

  • Built in 1955

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 60x152.84
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,492 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Some Wood Windows
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Attic Access Panel
  • Washer and Dryer Hookup

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Windows
  • Iron Doors

Parking

  • 1 Parking Space
  • Workshop in Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • 220 Volts
  • Gas Water Heater

Additional Features

  • Patio
  • The property is located in a historic district

Community Details

  • Cherry Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058106 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$641

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: 23
  • Number Of Stories: 1
  • Price Per Sq Ft: 21.45
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1492
  • 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: 1400-1599
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Den/Great Room, Gas Starter
  • Floors/Ceilings: Tile, Vinyl Floor, Textured Ceiling
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Separate Breakfast Room, Washer/Dryer Connections
  • Misc Interior: Attic Access
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Historic District
  • Exterior Windows: Brick Veneer, Aluminum/Steel Siding, Wood Window(s), Storm Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, Workshop(s)

Utilities

  • Cooling: Central, Window Unit(s), Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas, Wall Unit
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 142
  • Acreage: 0.38
  • Lot Size: 60X152.84
  • Price Per Acre: 92105

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 058106 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2018
Sold by
Mid South Homebuyers Inc
Bought by
Popovici Petru
Current Estimated Value
$139,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Outstanding Balance
$52,815
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$86,379

Purchase Details

Listed on
Nov 30, 2017
Closed on
Dec 18, 2017
Sold by
Mccoltings Transport Alliance Inc
Bought by
Mid South Homebuyers Inc
Seller's Agent
Leah Douglas-Wooten
Progressive Realty Services
Buyer's Agent
Leah Douglas-Wooten
Progressive Realty Services
List Price
$40,000
Sold Price
$32,000
Premium/Discount to List
-$8,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.68%

Purchase Details

Closed on
Oct 2, 2017
Sold by
West Wood Communities Inc
Bought by
Mccolins Transport Alliance Inc

Purchase Details

Listed on
Jan 14, 2016
Closed on
Apr 1, 2016
Sold by
Secretary Of Hud
Bought by
West Wood Communities Inc
Seller's Agent
Brenda Allen
Leaving A Legacy Realty, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$28,350
Sold Price
$18,900
Premium/Discount to List
-$9,450
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.28%
Original Mortgage
$22,650
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2014
Sold by
Smith Ethel M
Bought by
Secretary Of Housaing And Urban Developm

Purchase Details

Closed on
Oct 28, 2005
Sold by
Lemay Leslie R
Bought by
Smith Ethel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,561
Interest Rate
5.84%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 9, 2005
Sold by
Lemay Elizabeth Salla
Bought by
Lemay Leslie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,561
Interest Rate
5.84%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 6, 2000
Sold by
Lemay Lellon R and Lemay Elizabeth
Bought by
Lemay Lellon Reece and Lemay Elizabeth Salla
Source: Public Records

Range of Values:

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Average Value
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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
Popovici Petru $82,000 Saddle Creek Title Llc
Mid South Homebuyers Inc $32,000 Preferred Title & Escrow Llc
Mccolins Transport Alliance Inc $35,000 Preferred Title & Escrow Llc
West Wood Communities Inc $18,990 None Available
Secretary Of Housaing And Urban Developm $61,237 Attorney
Smith Ethel M $56,000 --
Lemay Leslie R -- --
Lemay Lellon Reece -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Popovici Petru $61,500
Previous Owner West Wood Communities Inc $22,650
Previous Owner Smith Ethel M $55,561
Closed Mid South Homebuyers Inc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2017 12/19/17 Sold $32,000 -20.0% $23 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
11/30/2017 11/30/17 For Sale $40,000 +111.6% $29 / Sq Ft
04/01/2016 04/01/16 Sold $18,900 -33.3% $14 / Sq Ft View Prior Sale
03/01/2016 03/01/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $28,350 -- $20 / 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 $641 $36,625 $5,000 $31,625
2024 $641 $18,900 $2,900 $16,000
2023 $1,151 $18,900 $2,900 $16,000
2022 $1,151 $18,900 $2,900 $16,000
2021 $1,165 $18,900 $2,900 $16,000
2020 $1,103 $15,225 $2,650 $12,575
2019 $1,103 $15,225 $2,650 $12,575
2018 $1,103 $15,225 $2,650 $12,575
2017 $626 $15,225 $2,650 $12,575
2016 $753 $17,225 $0 $0
2014 $753 $17,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10016384

Memphis Area Association of REALTORS®

APN: 05-8106-0-0011