NOT LISTED FOR SALE

Estimated Value: $72,000 - $116,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$82/Sq Ft Est. Value

Last Sold December 30, 2015

Last sale price $15,255 $13 Per Sq Ft

Est. 541% increase in value since last sale

Current estimated payment $571/month

32 Days on Market

Highlights

  • Separate Formal Living Room
  • Laundry closet
  • Dining Room
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of December 2015

Great potential in this brick home. It features a spacious living room, formal dining room, kitchen with lots of cabinets, 3 bedrooms, 1 bath and large yard for the kids to play. Home is located near schools, grocery stores, gas stations and restaurants.

Last Agent to Sell the Property

Carol Tate

Tate Realty and Construction License #56037 Listed on: 11/13/2015

Co-Listed By

Kenneth Tate

Tate Realty and Construction License #56020

Last Buyer's Agent

Kenneth Tate

Tate Realty and Construction License #56020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $465

Year Built

  • Built in 1952

Lot Details

  • 0.32 Acre Lot
  • Level Lot

Parking

  • On-Street Parking

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,061 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Eat-In Kitchen
  • Laundry closet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Cherokee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059037 00033

Home Details

Home Type

Single Family

Est. Annual Taxes

$465

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 757F
  • MAAR Subdivision Name: CHEROKEE
  • List Price Per Sq Ft: 22
  • Number Of Stories: 1
  • Price Per Sq Ft: 14.38
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1061
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: On-Street Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Lot Description: Level
  • Lot Number: 460
  • Acreage: 0.32
  • Lot Size: 14214
  • Price Per Acre: 72012

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 059037 00033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2016
Sold by
Mid South Homebuyers Inc
Bought by
Ward Jason and Leighton Aisha
Current Estimated Value
$97,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,760
Outstanding Balance
$35,072
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$68,043

Purchase Details

Listed on
Nov 13, 2015
Closed on
Dec 29, 2015
Sold by
Fannie Mae
Bought by
Mid South Homebuyers Inc
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Kenneth Tate
Tate Realty and Construction
List Price
$23,044
Sold Price
$15,255
Premium/Discount to List
-$7,789
-33.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.82%
Original Mortgage
$0
Interest Rate
3.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 15, 2015
Sold by
Armstrong Marcus R and Armstrong Kenitha K
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 28, 1999
Sold by
Reed Michael E
Bought by
Armstrong Marcus R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,320
Interest Rate
7.81%

Purchase Details

Closed on
Sep 24, 1998
Sold by
Walker George P
Bought by
Hud

Purchase Details

Closed on
Nov 22, 1994
Bought by
Walker George P
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
Ward Jason $54,700 Saddle Creek Title Llc
Mid South Homebuyers Inc $15,255 Multiple
Federal National Mortgage Association $53,804 Attorney
Armstrong Marcus R $56,000 --
Hud $38,229 --
Walker George P $41,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Jason $43,760
Previous Owner Mid South Homebuyers Inc $0
Previous Owner Armstrong Marcus R $54,320
Previous Owner Reed Michael E $40,659
Closed Armstrong Marcus R $3,500
Closed Mid South Homebuyers Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2015 12/30/15 Sold $15,255 -33.8% $15 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
11/13/2015 11/13/15 For Sale $23,044 -- $23 / 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 $465 $26,250 $2,625 $23,625
2024 $465 $13,725 $1,250 $12,475
2023 $836 $13,725 $1,250 $12,475
2022 $836 $13,725 $1,250 $12,475
2021 $846 $13,725 $1,250 $12,475
2020 $877 $12,100 $1,250 $10,850
2019 $877 $12,100 $1,250 $10,850
2018 $877 $12,100 $1,250 $10,850
2017 $497 $12,100 $1,250 $10,850
2016 $356 $8,150 $0 $0
2014 $356 $8,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9965427

Memphis Area Association of REALTORS®

APN: 05-9037-0-0033