NOT LISTED FOR SALE

Estimated Value: $62,000 - $147,000

3 Beds
1 Bath
960 Sq Ft
$107/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $50,500 $53 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $574/month

Highlights

  • Traditional Architecture
  • Partially Carpeted
  • 1-Story Property

About This Home

As of January 2021

This is a tenant occupied property being marketed to investors only. This could be a great addition to your rental portfolio. Please do not disturb or approach the tenant. Property is professionally managed and it has covered parking. Tenant payment history, repair history, and leasing information is available upon request. Home is located on a quiet street.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 08/04/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 08/04/2020

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $448

Year Built

  • Built in 1957

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 91x128
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Community Details

  • Colby Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078031 00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$448

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COLBY
  • List Price Per Sq Ft: 73
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 960
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Pantry

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 3
  • Acreage: 0.26
  • Lot Size: 91X128

Tax Info

  • Assessor Parcel Number: 078031 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Jan 28, 2021
Sold by
Carlson Andrew Philip and Carlson Laura Anne
Bought by
Ig Homes 101 Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$69,900
Sold Price
$50,500
Premium/Discount to List
-$19,400
-27.75%
Current Estimated Value
$102,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,895
Avg. Annual Appreciation
16.05%
Original Mortgage
$50,500
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2017
Sold by
Gp Buy Memphis Now
Bought by
Carlson Andrew Philip and Carlson Laura Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,920
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2017
Sold by
Gp Buy Memphis Now
Bought by
Carlson Andrew Philip and Carlson Laura Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,920
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2016
Closed on
Jan 18, 2017
Sold by
Kilgore Benjamin
Bought by
Willhite Sarah
Seller's Agent
Terrance Hill
eXp Realty, LLC
Buyer's Agent
Terrance Hill
eXp Realty, LLC
List Price
$45,000
Sold Price
$28,000
Premium/Discount to List
-$17,000
-37.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%
Original Mortgage
$25,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ig Homes 101 Llc $50,500 Memphis Title Company
Carlson Andrew Philip -- None Available
Carlson Andrew Philip -- None Available
Willhite Sarah $28,000 None Available
Kilgore Benjamin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ig Homes 101 Llc $50,500
Previous Owner Carlson Andrew Philip $55,920
Previous Owner Carlson Andrew Philip $55,920
Previous Owner Willhite Sarah $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2021 01/28/21 Sold $50,500 -27.8% $53 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $69,900 0.0% $73 / Sq Ft
01/01/2021 01/01/21 Pending -- -- --
08/04/2020 08/04/20 For Sale $69,900 +149.6% $73 / Sq Ft
01/27/2017 01/27/17 Sold $28,000 -37.8% $280 / Sq Ft View Prior Sale
01/16/2017 01/16/17 Pending -- -- --
11/21/2016 11/21/16 For Sale $45,000 -- $450 / 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 $448 $19,800 $4,125 $15,675
2024 $448 $13,225 $3,500 $9,725
2023 $806 $13,225 $3,500 $9,725
2022 $806 $13,225 $3,500 $9,725
2021 $456 $13,225 $3,500 $9,725
2020 $862 $11,900 $3,500 $8,400
2019 $380 $11,900 $3,500 $8,400
2018 $380 $11,900 $3,500 $8,400
2017 $389 $11,900 $3,500 $8,400
2016 $497 $11,375 $0 $0
2014 $497 $11,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10082074

Memphis Area Association of REALTORS®

APN: 07-8031-0-0017