NOT LISTED FOR SALE

Estimated Value: $101,000 - $156,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$82/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $119,900 $75 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $775/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Tile Flooring
  • Traditional Architecture
  • Den
  • Central Heating and Cooling System

About This Home

As of April 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $995 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 01/11/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $760

Year Built

  • Built in 1927

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 46x120
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,530 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Norfleet Home Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031032 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$760

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 746J
  • MAAR Subdivision Name: NORFLEET HOME PLACE
  • List Price Per Sq Ft: 78
  • Number Of Stories: 1
  • Price Per Sq Ft: 78.37
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1530
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Master Bedroom: Level 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 11
  • Acreage: 0.12
  • Lot Size: 46X120
  • Price Per Acre: 991667

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 031032 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Apr 29, 2021
Sold by
Memphis Investment Properties Ii Llc
Bought by
Collins Keith and Collins Noelle S
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$119,000
Sold Price
$119,900
Premium/Discount to List
$900
0.76%
Current Estimated Value
$130,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,666
Avg. Annual Appreciation
1.67%
Original Mortgage
$89,250
Outstanding Balance
$81,277
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$47,474

Purchase Details

Closed on
Dec 21, 2020
Sold by
Parkway Homes Llc
Bought by
Memphis Investment Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 22, 2019
Closed on
Oct 8, 2019
Sold by
Murlin Capital Llc Series 12052
Bought by
Parkway Homes Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Alison Restivo
The Restivo Group, REALTORS
List Price
$49,900
Sold Price
$23,000
Premium/Discount to List
-$26,900
-53.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.10%

Purchase Details

Closed on
Sep 17, 2012
Sold by
Leigh Eltra
Bought by
Murlin Capital Llc Series 12052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,600
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2012
Sold by
James Diann C
Bought by
Leigh Eltra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,600
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
James Diann C

Purchase Details

Closed on
Mar 5, 2009
Sold by
Suttle Courtney
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 9, 2006
Sold by
Wonderful Properties Llc
Bought by
Suttle Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 20, 2006
Sold by
Deutsche Bank Trust Co
Bought by
Wonderful Properties Llc

Purchase Details

Closed on
Jan 12, 2006
Sold by
Yates Louise
Bought by
Deutsche Bank Trust Co Americas and Bankers Trust Co
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
Collins Keith $119,000 Delta Title Services Llc
Memphis Investment Properties Ii Llc $72,500 None Available
Parkway Homes Llc $23,000 None Available
Murlin Capital Llc Series 12052 $26,000 Nexus Title & Escrow Llc
Leigh Eltra $18,000 Nexus Title & Escrow Llc
James Diann C $15,500 Resource Title Agency Inc
Deutsche Bank National Trust Company $31,000 None Available
Suttle Courtney $90,000 None Available
Wonderful Properties Llc $32,000 Resource Title Agency
Deutsche Bank Trust Co Americas $52,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Keith $89,250
Previous Owner Memphis Investment Properties Ii Llc $98,000
Previous Owner Murlin Capital Llc $42,600
Previous Owner Murlin Capital Llc Series 12052 $42,600
Previous Owner Suttle Courtney $9,000
Previous Owner Suttle Courtney $81,000
Previous Owner Yates Louise $57,600
Previous Owner Yates Louise $44,000
Previous Owner Yates Louise $40,928
Previous Owner Yates Everett $37,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $119,900 +0.8% $86 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $119,000 +417.4% $85 / Sq Ft
10/08/2019 10/08/19 Sold $23,000 -23.1% $16 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
08/27/2019 08/27/19 Price Changed $29,900 -14.3% $21 / Sq Ft
07/25/2019 07/25/19 Price Changed $34,900 -12.5% $25 / Sq Ft
05/29/2019 05/29/19 Price Changed $39,900 -20.0% $29 / Sq Ft
04/22/2019 04/22/19 For Sale $49,900 -- $36 / 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 $760 $34,700 $6,250 $28,450
2024 $760 $22,425 $2,500 $19,925
2023 $1,366 $22,425 $2,500 $19,925
2022 $1,366 $22,425 $2,500 $19,925
2021 $558 $16,175 $2,500 $13,675
2020 $792 $10,925 $2,500 $8,425
2019 $349 $10,925 $2,500 $8,425
2018 $349 $10,925 $2,500 $8,425
2017 $357 $10,925 $2,500 $8,425
2016 $398 $9,100 $0 $0
2014 $398 $9,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10091587

Memphis Area Association of REALTORS®

APN: 03-1032-0-0012