NOT LISTED FOR SALE

Estimated Value: $101,546 - $128,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$97/Sq Ft Est. Value

Last Sold April 13, 2017

Last sale price $25,000 $21 Per Sq Ft

Est. 368% increase in value since last sale

Current estimated payment $674/month

Highlights

  • Traditional Architecture
  • Bonus Room
  • Eat-In Kitchen
  • Wood Flooring
  • Den
  • Central Heating and Cooling System

About This Home

As of April 2017

Brick 3BR /1BA-Hardwoods- Some updates have been done. Nice size living room- bonus room off of kitchen- Garage- Iron gate in backyard. Lots of potential!

Last Agent to Sell the Property

Carol Stout

Ware Jones, REALTORS License #318813 Listed on: 03/20/2017

Ware Jones, REALTORS

Last Buyer's Agent

Stephen Akindona

Kairos Realty License #329215

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $617

Year Built

  • Built in 1960

Lot Details

  • 5,663 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,008 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Den
  • Bonus Room
  • Pull Down Stairs to Attic
  • Iron Doors
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Chelsea Place Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 053037 00062

Home Details

Home Type

Single Family

Est. Annual Taxes

$617

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752A
  • MAAR Subdivision Name: CHELSEA PLACE
  • Corporate Own: Yes
  • List Price Per Sq Ft: 29
  • Number Of Stories: 1
  • Price Per Sq Ft: 24.8
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1008
  • Year Built: 1960
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Den, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs
  • Other Rooms: Bonus Room
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Wood Fence, Iron Fence
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Back-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced, Iron Fenced
  • Lot Number: 17
  • Acreage: 0.13
  • Lot Size: .13
  • Price Per Acre: 223077

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 053037 00062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2020
Sold by
Mid South Homebuyers Gp
Bought by
David Aaron M and Coulibaly Saly
Current Estimated Value
$116,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,750
Outstanding Balance
$51,620
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$63,523

Purchase Details

Closed on
Jan 21, 2020
Sold by
Sirpilla Christian
Bought by
Mid South Homebuyers Gp

Purchase Details

Closed on
Aug 3, 2017
Sold by
Pegasus Real Estate Services Llc
Bought by
Sirpilla Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 20, 2017
Closed on
Apr 12, 2017
Sold by
Regions Bank
Bought by
Pegasus Real Estate Services Llc
Seller's Agent
Carol Stout
Ware Jones, REALTORS
Buyer's Agent
Stephen Akindona
Kairos Realty
List Price
$29,000
Sold Price
$25,000
Premium/Discount to List
-$4,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.89%

Purchase Details

Closed on
Aug 25, 2016
Sold by
Wilson Sandy
Bought by
Reyes Jose Jesus and Reyes Melissa A

Purchase Details

Closed on
Aug 21, 2002
Sold by
Prestage James Barry and Prestage Shirley T
Bought by
Reyes Jose J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.49%
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
David Aaron M $72,200 Saddle Creek Title Llc
Mid South Homebuyers Gp $27,000 Saddle Creek Title Llc
Sirpilla Christian $58,500 Saddle Creek Title Llc
Pegasus Real Estate Services Llc $29,000 Saddle Creek Title
Reyes Jose Jesus $24,000 None Available
Reyes Jose J $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open David Aaron M $57,750
Previous Owner Sirpilla Christian $44,000
Previous Owner Reyes Jose Jesus $49,702
Previous Owner Reyes Jose J $50,000
Previous Owner Reyes Jose J $52,000
Closed Mid South Homebuyers Gp $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2017 04/13/17 Sold $25,000 -13.8% $25 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $29,000 -- $29 / 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 $617 $32,725 $2,750 $29,975
2024 $617 $18,200 $1,200 $17,000
2023 $1,109 $18,200 $1,200 $17,000
2022 $1,109 $18,200 $1,200 $17,000
2021 $628 $18,200 $1,200 $17,000
2020 $772 $10,650 $1,100 $9,550
2019 $340 $10,650 $1,100 $9,550
2018 $340 $10,650 $1,100 $9,550
2017 $254 $7,750 $1,100 $6,650
2016 $395 $9,050 $0 $0
2014 $395 $9,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9997943

Memphis Area Association of REALTORS®

APN: 05-3037-0-0062