NOT LISTED FOR SALE

Estimated Value: $103,447 - $107,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$75/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $76,000 $54 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $595/month

Highlights

  • Traditional Architecture
  • Porch
  • Level Lot
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2021

Excellent investment opportunity. Long term tenant. House and roof in good condition. Tenant pays $790 per month. Tenant has been in place for approximately 8 years and would like to stay. Being sold As Is. Closing attorney to hold earnest money, Teresa Bernhardt, Harkavy Shainberg Kaplan, 6060 Poplar Ste 140. Showings only with accepted offer.

Last Agent to Sell the Property

Shirley Rhynes-Hawkins

BEST Real Estate Company License #276159 Listed on: 12/28/2020

BEST Real Estate Company

Last Buyer's Agent

Juan Casem

Crye-Leike Inc., REALTORS License #248712

Crye-Leike Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $470

Year Built

  • Built in 1955

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 60x152
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,040 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Cherry Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058106 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$470

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: 67
  • Number Of Stories: 1
  • Price Per Sq Ft: 73.08
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1040
  • 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: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Smooth Ceiling
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

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: 141
  • Acreage: 0.26
  • Lot Size: 60X152
  • Price Per Acre: 269231

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 058106 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2020
Closed on
Jan 14, 2021
Sold by
Gomero Elida and Lopez Israel
Bought by
Porter Ray
Seller's Agent
Shirley Rhynes-Hawkins
BEST Real Estate Company
Buyer's Agent
Juan Casem
Crye-Leike Inc., REALTORS
List Price
$70,000
Sold Price
$76,000
Premium/Discount to List
$6,000
8.57%
Current Estimated Value
$104,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,862
Avg. Annual Appreciation
7.06%

Purchase Details

Listed on
Nov 14, 2016
Closed on
Dec 13, 2016
Sold by
Howard Sue M
Bought by
Gomero Eldia and Lopez Israel
Seller's Agent
Ruben Lopez
Coldwell Banker Collins-Maury
Buyer's Agent
Shirley Rhynes-Hawkins
BEST Real Estate Company
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.04%
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
Porter Ray $76,000 None Available
Gomero Eldia $35,000 First Natl Financial Title S
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2021 01/14/21 Sold $76,000 +8.6% $63 / Sq Ft
12/28/2020 12/28/20 For Sale $70,000 +100.0% $58 / Sq Ft
12/23/2016 12/23/16 Sold $35,000 -12.5% $35 / Sq Ft View Prior Sale
11/30/2016 11/30/16 Pending -- -- --
11/14/2016 11/14/16 For Sale $40,000 -- $40 / 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 $470 $25,725 $5,000 $20,725
2024 $470 $13,875 $2,875 $11,000
2023 $845 $13,875 $2,875 $11,000
2022 $845 $13,875 $2,875 $11,000
2021 $479 $13,875 $2,875 $11,000
2020 $911 $12,575 $2,625 $9,950
2019 $402 $12,575 $2,625 $9,950
2018 $402 $12,575 $2,625 $9,950
2017 $411 $12,575 $2,625 $9,950
2016 $554 $12,675 $0 $0
2014 $554 $12,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10090912

Memphis Area Association of REALTORS®

APN: 05-8106-0-0012