NOT LISTED FOR SALE

Estimated Value: $76,000 - $214,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$110/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $44,500 $37 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $731/month

Highlights

  • The property is located in a historic district
  • Corner Lot
  • Some Wood Windows
  • Wood Flooring
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of July 2020

MULTIPLE OFFERS RECEIVED, HIGHEST & BEST DUE BY 7/14 @ 5:00PM. Recently renovated 2 bedroom 1 bath bungalow, close to Cooper Young neighborhood. Featuring: Refinished hardwood floors, ceramic tile, large laundry room, crown molding, soaring ceilings & Spacious kitchen. This home is being marketed to investors and would be an Excellent addition to your rental portfolio. Sold "As-is" cash offers. Move a tenant right in!

Last Agent to Sell the Property

Tracie Benetz

Emmett Baird Realty, LLC License #326962 Listed on: 07/13/2020

Last Buyer's Agent

Elizabeth Glosson

Fast Track Realty, LLC License #282986

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $432

Year Built

  • Built in 1927

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x121
  • Corner Lot
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Bungalow
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,108 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Iron Doors

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • The property is located in a historic district

Community Details

  • Norfleet Home Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031032 00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$432

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MLS Map #: 746J
  • MAAR Subdivision Name: NORFLEET HOME PLACE
  • List Price Per Sq Ft: 36
  • Number Of Stories: 1
  • Price Per Sq Ft: 40.16
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1108
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Hardwood Floor, Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Decorative Only, In Living Room
  • Floors/Ceilings: Part Hardwood, Tile, Sprayed Ceiling
  • Full Bathrooms: 1
  • Equipment: Gas Cooking, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Hardwood Floor, Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Covered Patio, Historic District
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Floor Furnace
  • Security: Burglar Alarm, Monitored Alarm System, Smoke Detector(s)
  • Water Sewer: Electric Water Heater, Public Sewer, Public Water

Lot Info

  • Lot Description: Some Trees, Level, Corner
  • Lot Number: 22
  • Acreage: 0.13
  • Lot Size: 50X121
  • Price Per Acre: 306923

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 031032 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Jul 31, 2020
Sold by
Shepherd Banger Gladys
Bought by
Mtcs Llc
Seller's Agent
Tracie Benetz
Emmett Baird Realty, LLC
Buyer's Agent
Elizabeth Glosson
Fast Track Realty, LLC
List Price
$39,900
Sold Price
$44,500
Premium/Discount to List
$4,600
11.53%
Current Estimated Value
$131,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,080
Avg. Annual Appreciation
9.46%
Original Mortgage
$43,500
Outstanding Balance
$2,328
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$68,496

Purchase Details

Closed on
Nov 2, 2018
Sold by
Sager Carol
Bought by
Shepherd Hanger Gladys

Purchase Details

Closed on
Sep 6, 2007
Sold by
Homesales Inc
Bought by
Sager Carol and Banger Gladys

Purchase Details

Closed on
May 9, 2007
Sold by
Lewis Gary T and Lewis Myrtle Lee
Bought by
Homesales Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Mtcs Llc $44,500 Edco Ttl & Closing Svcs Inc
Shepherd Hanger Gladys $3,000 None Available
Sager Carol $9,700 Heritage Title Services Llc
Homesales Inc $36,994 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mtcs Llc $43,500
Previous Owner Lewis Myrtle L $200,000
Previous Owner Lewis Gary T $42,000
Previous Owner Lewis Gary Tyrone $38,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $44,500 +11.5% $45 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $39,900 -- $40 / 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 $432 $28,725 $6,250 $22,475
2024 $432 $12,750 $2,500 $10,250
2023 $777 $12,750 $2,500 $10,250
2022 $777 $12,750 $2,500 $10,250
2021 $786 $12,750 $2,500 $10,250
2020 $641 $8,850 $2,500 $6,350
2019 $283 $8,850 $2,500 $6,350
2018 $283 $8,850 $2,500 $6,350
2017 $290 $8,850 $2,500 $6,350
2016 $316 $7,225 $0 $0
2014 $316 $7,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10080493

Memphis Area Association of REALTORS®

APN: 03-1032-0-0023