NOT LISTED FOR SALE

Estimated Value: $50,365 - $62,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$41/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $43,650 $31 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $331/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Wood Flooring
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of June 2021

Drive by only. Please do not disturb tenant. Seller prefers a cash offer. Great income producing property to add to your portfolio. Interior inspection with acceptable offer. Current lease in place with tenant paying $750 per month. Home was rehabbed 1.5 years ago with new HVAC system, water heater and refinished hardwood floors. Photos taken before tenant moved in. Huge eat-in kitchen, updated bath and fenced yard. Tenant owns all appliances. Property to be sold AS-IS.

Last Agent to Sell the Property

Nancy Moore

Crye-Leike, Inc., REALTORS License #267074 Listed on: 05/07/2021

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Walter Jones

BEST Real Estate Company License #358322

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x135
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,344 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Some Wood Windows
  • Separate Formal Living Room
  • Iron Doors
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Fairfax Subdivision

Listing and Financial Details

  • Assessor Parcel Number 042063 00062

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Peres
  • MLS Map #: 742B
  • MAAR Subdivision Name: FAIRFAX
  • List Price Per Sq Ft: 37
  • Number Of Stories: 1
  • Price Per Sq Ft: 32.48
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1344
  • Year Built: 1948
  • 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: Hardwood Throughout, Tile, Sprayed Ceiling
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Washer/Dryer Connections
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 168
  • Acreage: 0.12
  • Lot Size: 40X135
  • Price Per Acre: 416667

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 042063 00062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2025
Sold by
Ac Development Group Llc
Bought by
Summit Real Estate Group Llc
Current Estimated Value
$57,091

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 7, 2021
Sold by
Wilkins Antonio L
Bought by
Ac Dev Group Llc
Seller's Agent
Nancy Moore
Crye-Leike, Inc., REALTORS
Buyer's Agent
Walter Jones
BEST Real Estate Company
List Price
$50,000
Sold Price
$43,650
Premium/Discount to List
-$6,350
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%

Purchase Details

Listed on
Dec 4, 2019
Closed on
Mar 18, 2020
Sold by
Fannie Mae
Bought by
Wilkins Antonio L
Seller's Agent
Carol Tate
Tate Realty and Construction
Buyer's Agent
Carol Tate
Tate Realty and Construction
List Price
$26,500
Sold Price
$17,290
Premium/Discount to List
-$9,210
-34.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
113.63%

Purchase Details

Closed on
Oct 17, 2019
Sold by
Steele Stella
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 17, 2003
Sold by
Moore Charles E
Bought by
Steele Stella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2002
Sold by
Rogers Howard E and Rogers Juanita
Bought by
Moore Charles E

Purchase Details

Closed on
Apr 7, 2000
Sold by
Zerah Fisher
Bought by
Fisher Zerah and Rogers Howard E
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
Summit Real Estate Group Llc -- Local Title
Ac Dev Group Llc $43,650 Edco Ttl & Closing Svcs Inc
Wilkins Antonio L $17,290 None Available
Federal National Mortgage Association -- None Available
Steele Stella $50,000 --
Moore Charles E $20,000 --
Fisher Zerah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steele Stella $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2021 06/07/21 Sold $43,650 -12.7% $36 / Sq Ft
05/07/2021 05/07/21 For Sale $50,000 +189.2% $42 / Sq Ft
03/17/2020 03/17/20 Sold $17,290 -13.1% $14 / Sq Ft View Prior Sale
03/10/2020 03/10/20 Pending -- -- --
03/04/2020 03/04/20 Price Changed $19,900 -9.5% $17 / Sq Ft
02/03/2020 02/03/20 Price Changed $22,000 -11.6% $18 / Sq Ft
01/03/2020 01/03/20 Price Changed $24,900 -6.0% $21 / Sq Ft
12/04/2019 12/04/19 For Sale $26,500 -- $22 / 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 -- $13,125 $1,250 $11,875
2024 -- $6,200 $950 $5,250
2023 $378 $6,200 $950 $5,250
2022 $378 $6,200 $950 $5,250
2021 $382 $6,200 $950 $5,250
2020 $371 $5,125 $950 $4,175
2019 $164 $5,125 $950 $4,175
2018 $164 $5,125 $950 $4,175
2017 $168 $5,125 $950 $4,175
2016 $238 $5,450 $0 $0
2014 $238 $5,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10098861

Memphis Area Association of REALTORS®

APN: 04-2063-0-0062