NOT LISTED FOR SALE

Estimated Value: $93,660 - $103,000

2 Beds
1 Bath
1,400-1,599 Sq Ft
$62/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $12,000 $8 Per Sq Ft

Est. 722% increase in value since last sale

Current estimated payment $565/month

27 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Accessible Ramps
  • Wood Flooring
  • Monitored
  • Dining Room

About This Home

As of April 2019

THE PROPERTY IS SELLING FOR 34,000 LESS THAN THE TAX APPRAISAL. SELLER MUST BE PRESENT IN SHOWINGS. THERE IS NO FINANCING AVAILABLE. THIS ISS AN ALL CASH SALE

Last Agent to Sell the Property

Mary Gordon

Good Shepherds Realty & Invest License #274396 Listed on: 03/16/2019

Last Buyer's Agent

Mary Gordon

Good Shepherds Realty & Invest License #274396 Listed on: 03/16/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $514

Year Built

  • Built in 1917

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 42 x 146
  • Wood Fence
  • Few Trees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Bungalow
  • Composition Shingle Roof
  • Stucco Exterior
  • Pier And Beam

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,438 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Fireplace Features Masonry
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Partial Basement
  • Permanent Attic Stairs

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Monitored
  • Storm Doors
  • Iron Doors

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Gas Water Heater

Additional Features

  • Accessible Ramps
  • Ground Level

Community Details

  • Magnolia Terr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031023 00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$514

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow, Traditional
  • Attached Unit Type: First Floor Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 748B
  • MAAR Subdivision Name: MAGNOLIA TERRACE. THIS PROPERTY IS LOCATED IN THE GLENVIEW AREA OF MEMPHIS.
  • Handicap Design: Ramp
  • List Price Per Sq Ft: 9
  • Number Of Stories: 1
  • Price Per Sq Ft: 8.34
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1438
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Hardwood Floor
  • Bedroom 3 Description: Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Masonry
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Pantry
  • Misc Interior: Excl Some Window Treatmnt, Permanent Attic Stairs
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Hardwood Floor, Level 1, Smooth Ceiling

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Stucco, Storm Door(s)
  • Foundation: Conventional, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: On-Street Parking

Utilities

  • Cooling: Window Unit(s)
  • Heating: Floor Furnace
  • Security: Burglar Alarm, Dead Bolt Lock(s), Monitored Alarm System
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees, Wood Fenced
  • Lot Number: 81and82
  • Acreage: 0.14
  • Lot Size: 42 X 146
  • Price Per Acre: 87500

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 031023 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2020
Sold by
Peese Gwenlyn
Bought by
I Ed M Properties
Current Estimated Value
$98,665

Purchase Details

Listed on
Mar 16, 2019
Closed on
Apr 25, 2019
Sold by
Thompson Linda Faye
Bought by
Reese Gwendolyn
Seller's Agent
Mary Gordon
Good Shepherds Realty & Invest
Buyer's Agent
Mary Gordon
Good Shepherds Realty & Invest
List Price
$12,250
Sold Price
$12,000
Premium/Discount to List
-$250
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.35%
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
I Ed M Properties -- None Available
Reese Gwendolyn $12,250 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2019 04/12/19 Sold $12,000 -2.0% $9 / Sq Ft
03/16/2019 03/16/19 For Sale $12,250 -- $9 / 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 $514 $21,925 $6,550 $15,375
2024 $514 $15,175 $1,250 $13,925
2023 $924 $15,175 $1,250 $13,925
2022 $924 $15,175 $1,250 $13,925
2021 $1,099 $15,175 $1,250 $13,925
2020 $850 $11,725 $1,250 $10,475
2019 $375 $11,725 $1,250 $10,475
2018 $375 $11,725 $1,250 $10,475
2017 $384 $11,725 $1,250 $10,475
2016 $486 $11,125 $0 $0
2014 $486 $11,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10048145

Memphis Area Association of REALTORS®

APN: 03-1023-0-0016