$40,000
SOLD FEB 21, 2025
2 Beds
1 Bath
1,000-1,199 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$33 Per Sq Ft

31% Below List Price

54 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Den
  • Wood Flooring
  • Separate Formal Living Room
  • Dining Room

About This Home

As of February 2025

Investor Opportunity! AS-IS- Perfect for a fix-and-flip or long-term rental investment, this home features solid bones and a great layout. Located near schools, parks, and major thoroughfares, it offers excellent potential for cash flow. With some TLC, this property can shine! Don't miss out—schedule your showing today!

Last Agent to Sell the Property

Courtney Clark

Keller Williams License #378920 Listed on: 12/12/2024

Keller Williams

Last Buyer's Agent

Courtney Clark

Keller Williams License #378920 Listed on: 12/12/2024

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $376

Year Built

  • Built in 1944

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x149

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,226 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Driveway

Community Details

  • Clancy Subdivision

Listing and Financial Details

  • Assessor Parcel Number 034074 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$376

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747E
  • MAAR Subdivision Name: CLANCY
  • Number Of Stories: 1
  • Price Per Sq Ft: 32.63
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1226
  • Year Built: 1944
  • List Price/ Sq Ft: 47
  • 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: 2
  • Floors/Ceilings: Part Hardwood, Textured Ceiling
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Number: 65
  • Acreage: 0.17
  • Lot Size: 50X149
  • Price Per Acre: 341176
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 034074 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Feb 21, 2025
Sold by
Holland Sabrena
Bought by
New Horizon Investment Llc
Seller's Agent
Courtney Clark
Keller Williams
Buyer's Agent
Courtney Clark
Keller Williams
List Price
$58,000
Sold Price
$40,000
Premium/Discount to List
-$18,000
-31.03%
Views
59
Current Estimated Value
$128,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,682
Avg. Annual Appreciation
1239.77%
Original Mortgage
$78,000
Interest Rate
7.04%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 4, 2022
Closed on
Aug 22, 2022
Sold by
Brown Smith Janet
Bought by
Holland Sabrena
Seller's Agent
Loura Edmondson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Cherice Tinsley
KAIZEN Realty, LLC
List Price
$65,000
Sold Price
$40,500
Premium/Discount to List
-$24,500
-37.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.50%

Purchase Details

Closed on
Jan 24, 2008
Sold by
Brown Joseph
Bought by
Smith Janet Brown and Harris Veora Brown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $40,000 None Listed On Document
Warranty Deed $40,500 Baymark Title & Escrow Service
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $78,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $40,000 -31.0% $40 / Sq Ft
02/20/2025 02/20/25 For Sale $58,000 0.0% $58 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
01/13/2025 01/13/25 Price Changed $58,000 -10.8% $58 / Sq Ft
12/29/2024 12/29/24 Price Changed $65,000 -14.5% $65 / Sq Ft
12/12/2024 12/12/24 For Sale $76,000 +87.7% $76 / Sq Ft
08/25/2022 08/25/22 Sold $40,500 -10.0% $33 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/16/2022 08/16/22 Price Changed $45,000 -30.8% $37 / Sq Ft
08/15/2022 08/15/22 For Sale $65,000 0.0% $53 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
07/04/2022 07/04/22 For Sale $65,000 -- $53 / 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 $376 $16,500 $2,000 $14,500
2024 $376 $11,100 $1,000 $10,100
2023 $676 $11,100 $1,000 $10,100
2022 $676 $11,100 $1,000 $10,100
2021 $684 $11,100 $1,000 $10,100
2020 $629 $8,675 $1,000 $7,675
2019 $277 $8,675 $1,000 $7,675
2018 $277 $8,675 $1,000 $7,675
2017 $284 $8,675 $1,000 $7,675
2016 $391 $8,950 $0 $0
2014 $391 $8,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10186606

Memphis Area Association of REALTORS®

APN: 03-4074-0-0022