NOT LISTED FOR SALE

Estimated Value: $97,000 - $122,000

2 Beds
1 Bath
1,200-1,399 Sq Ft
$78/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $103,000 $74 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $620/month

70 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Level Lot
  • Wood Flooring
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of June 2024

Investor's special. Needs TLC. Don't miss the opportunity to add your personality to this home with has good bones. Near University of Memphis. Would be great for student housing or an Air BNB after renovations. This home has tons of historic charm with 9ft ceilings and real hardwood floors. 2 beds/1 bath with a flex space. Enjoy the breeze while relaxing on the stately front porch. No wholesales assignment contracts per seller. Heirship sale. Submit POF with all offers.

Last Agent to Sell the Property

Patrice Williams-Wooten

Keller Williams License #283971 Listed on: 01/23/2024

Keller Williams

Last Buyer's Agent

erica wainwright

The Home Partners Realty License #341760

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $470

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 48x143
  • Level Lot

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,259 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Porch
  • Heating System Uses Gas

Community Details

  • Magnolia Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031027 00039

Home Details

Home Type

Single Family

Est. Annual Taxes

$470

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Colonial
  • Detached Unit Type: General Residential
  • MLS Map #: 748B
  • MAAR Subdivision Name: MAGNOLIA GROVE
  • Number Of Stories: 1
  • Price Per Sq Ft: 81.81
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1259
  • Year Built: 1900
  • List Price/ Sq Ft: 107
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Equipment: Gas Cooking
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 24
  • Acreage: 0.15
  • Lot Size: 48X143
  • Price Per Acre: 900000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 031027 00039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Jun 11, 2024
Sold by
Tate Shanikka A and Armstrong Isaiah
Bought by
Farmer Lakesha and Brinson Emil
Seller's Agent
Patrice Williams-Wooten
Keller Williams
Buyer's Agent
erica wainwright
The Home Partners Realty
List Price
$165,000
Sold Price
$103,000
Premium/Discount to List
-$62,000
-37.58%
Views
35
Current Estimated Value
$106,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,055
Avg. Annual Appreciation
1.66%
Original Mortgage
$77,250
Outstanding Balance
$75,588
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$29,400

Purchase Details

Listed on
Jan 23, 2024
Closed on
Jun 6, 2024
Sold by
Armstrong Travis
Bought by
Farmer Lakesha and Brinson Emil
Seller's Agent
Patrice Williams-Wooten
Keller Williams
Buyer's Agent
erica wainwright
The Home Partners Realty
List Price
$165,000
Sold Price
$103,000
Premium/Discount to List
-$62,000
-37.58%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,250
Outstanding Balance
$75,588
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$29,400

Purchase Details

Closed on
Dec 15, 2023
Sold by
Tate Nia
Bought by
Tate Shanikka A

Purchase Details

Closed on
Sep 1, 2023
Sold by
Tate Shanikka
Bought by
Tate Nia J
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
Farmer Lakesha -- None Listed On Document
Farmer Lakesha -- None Listed On Document
Farmer Lakesha $103,000 None Listed On Document
Tate Shanikka A -- None Listed On Document
Tate Nia J -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmer Lakesha $77,250
Previous Owner Armstrong Ezell $23,133
Previous Owner Armstrong Ezell $35,710
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $103,000 -23.7% $86 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
01/29/2024 01/29/24 Price Changed $135,000 -18.2% $113 / Sq Ft
01/23/2024 01/23/24 For Sale $165,000 -- $138 / 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 $470 $25,600 $6,850 $18,750
2024 -- $13,850 $1,375 $12,475
2023 $844 $13,850 $1,375 $12,475
2022 $844 $13,850 $1,375 $12,475
2021 $854 $13,850 $1,375 $12,475
2020 $779 $10,750 $1,375 $9,375
2019 $779 $10,750 $1,375 $9,375
2018 $779 $10,750 $1,375 $9,375
2017 $442 $10,750 $1,375 $9,375
2016 $447 $10,225 $0 $0
2014 $447 $10,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10164414

Memphis Area Association of REALTORS®

APN: 03-1027-0-0039