NOT LISTED FOR SALE

Estimated Value: $82,000 - $103,000

4 Beds
1 Bath
100-999 Sq Ft
$90/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $67,000 $67 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $452/month

56 Days on Market

Highlights

  • Traditional Architecture
  • Outdoor Storage
  • Heating Available
  • 1 Fireplace
  • Level Lot
  • 1-Story Property

About This Home

As of December 2022

Attention investors! This home has so much potential. With a little TLC, home could be an amazing rental. Sellers are selling home at $80K in as is condition, once renovations are complete, price will increase.

Last Agent to Sell the Property

Kimberly Ray

Harris Realty Services License #357495 Listed on: 10/13/2022

Last Buyer's Agent

Africa McCloy

Crye-Leike, Inc., REALTORS License #348663

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $413

Year Built

  • Built in 1953

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 53x225
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 100-999 Sq Ft Home
  • 1,375 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • Elam Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058026 00074

Home Details

Home Type

Single Family

Est. Annual Taxes

$413

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 758D
  • MAAR Subdivision Name: ELAM
  • List Price Per Sq Ft: 58
  • Number Of Stories: 1
  • Price Per Sq Ft: 48.73
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1375
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Vinyl Siding

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 4
  • Acreage: 0.27
  • Lot Size: 53X225
  • Price Per Acre: 296296

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 058026 00074

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2024
Sold by
Srivy
Bought by
Srivy Llc
Current Estimated Value
$78,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,510
Outstanding Balance
$631,673
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
-$542,673

Purchase Details

Listed on
Oct 13, 2022
Closed on
Dec 22, 2022
Sold by
L & N Investment Group Llc
Bought by
Srivy General Partnership
Seller's Agent
Kimberly Ray
Harris Realty Services
Buyer's Agent
Africa McCloy
Crye-Leike, Inc., REALTORS
List Price
$80,000
Sold Price
$67,000
Premium/Discount to List
-$13,000
-16.25%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.79%

Purchase Details

Closed on
Apr 12, 2022
Sold by
R & B Investment Corp
Bought by
Hale Belinda

Purchase Details

Closed on
Nov 5, 2004
Sold by
Spivey Randall J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 21, 2003
Sold by
Buck Richard
Bought by
Bean Letonia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.95%

Purchase Details

Closed on
Jan 30, 2003
Sold by
Conners Cathy M and Murphy Marilyn
Bought by
Buck Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.95%
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
Srivy Llc -- Nexus Title & Escrow
Srivy General Partnership $67,000 Nexus Title & Escrow
Hale Belinda -- None Listed On Document
Federal National Mortgage Association $46,282 --
Bean Letonia R $55,000 Edco Title & Closing Service
Buck Richard $27,000 Edco Title & Closing Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srivy Llc $640,510
Previous Owner Bean Letonia R $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $67,000 -16.3% $670 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
12/01/2022 12/01/22 For Sale $80,000 0.0% $800 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $80,000 -- $800 / 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 $413 $21,900 $2,050 $19,850
2024 $413 $12,175 $1,650 $10,525
2023 $742 $12,175 $1,650 $10,525
2022 $742 $12,175 $1,650 $10,525
2021 $350 $12,175 $1,650 $10,525
2020 $421 $8,575 $1,650 $6,925
2019 $147 $8,575 $1,650 $6,925
2018 $274 $8,575 $1,650 $6,925
2017 $281 $8,575 $1,650 $6,925
2016 $354 $8,100 $0 $0
2014 $354 $8,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10135558

Memphis Area Association of REALTORS®

APN: 05-8026-0-0074