NOT LISTED FOR SALE

Estimated Value: $87,000 - $112,000

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

Last Sold April 30, 2020

Last sale price $65,000 $54 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $565/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Porch
  • Wood Flooring
  • Den
  • Central Heating and Cooling System

About This Home

As of April 2020

Great rental property. 2 or 3br, stone and maintenance free siding home. PLEASE DO NOT DISTURB TENANTS. Would like offer contingent upon viewing/ inspections. Currently rented for $766. per month & per owner, good paying tenant. Positive cash flow . HVAC & water heater approx. 2-3 yrs. Rear garage w/ workshop and party room with electrical.

Last Agent to Sell the Property

Becca Dickerson

Sowell, Realtors License #221108 Listed on: 03/13/2020

Last Buyer's Agent

Adam Underwood

Crye-Leike, Inc., REALTORS License #345013

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $525

Year Built

  • Built in 1950

Lot Details

  • 0.36 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,006 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Iron Doors

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Workshop in Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Cherry Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058155 00034

Home Details

Home Type

Single Family

Est. Annual Taxes

$525

Year Built

Built in 1950

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: 73
  • Number Of Stories: 1
  • Price Per Sq Ft: 64.61
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1006
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile, Sprayed Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch
  • Exterior Windows: Aluminum/Steel Siding, Stone
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, Workshop(s)

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 24
  • Acreage: 0.36
  • Lot Size: .36
  • Price Per Acre: 202778

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 058155 00034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
Apr 30, 2020
Sold by
Merry Homes Llc
Bought by
Garcia Jaime and Garcia Carla Lisette
Seller's Agent
Becca Dickerson
Sowell, Realtors
Buyer's Agent
Adam Underwood
Crye-Leike, Inc., REALTORS
List Price
$73,000
Sold Price
$65,000
Premium/Discount to List
-$8,000
-10.96%
Current Estimated Value
$98,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,297
Avg. Annual Appreciation
7.88%
Original Mortgage
$51,000
Outstanding Balance
$40,757
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$57,540

Purchase Details

Listed on
May 30, 2018
Closed on
Jun 26, 2018
Sold by
Greer Verlin C and Greer Dianne B
Bought by
Merry Homes Llc
Seller's Agent
Gail Starnes
KAIZEN Realty, LLC
Buyer's Agent
Becca Dickerson
Sowell, Realtors
List Price
$49,900
Sold Price
$43,000
Premium/Discount to List
-$6,900
-13.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.33%
Original Mortgage
$33,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2002
Sold by
Davis Thomas A and Davis Pamela A
Bought by
Greer Verlin C and Greer Dianne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,625
Interest Rate
6.77%
Source: Public Records

Range of Values:

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Average Value
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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
Garcia Jaime $65,000 None Available
Merry Homes Llc $43,000 Premium Title Group Llc
Greer Verlin C $57,500 Lenders Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Jaime $51,000
Previous Owner Merry Homes Llc $33,000
Previous Owner Greer Verlin C $54,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2020 04/30/20 Sold $65,000 -11.0% $65 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $73,000 +69.8% $73 / Sq Ft
07/02/2018 07/02/18 Sold $43,000 -13.8% $43 / Sq Ft View Prior Sale
05/30/2018 05/30/18 For Sale $49,900 -- $50 / 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 $525 $25,250 $5,000 $20,250
2024 $525 $15,475 $3,150 $12,325
2023 $943 $15,475 $3,150 $12,325
2022 $943 $15,475 $3,150 $12,325
2021 $534 $15,475 $3,150 $12,325
2020 $958 $13,225 $2,900 $10,325
2019 $423 $13,225 $2,900 $10,325
2018 $423 $13,225 $2,900 $10,325
2017 $433 $13,225 $2,900 $10,325
2016 $557 $12,750 $0 $0
2014 $557 $12,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10072827

Memphis Area Association of REALTORS®

APN: 05-8155-0-0034