NOT LISTED FOR SALE

Estimated Value: $111,000 - $144,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$80/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $92,500 $58 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $746/month

Highlights

  • Updated Kitchen
  • Some Wood Windows
  • Tile Flooring
  • Traditional Architecture
  • Living Room
  • Central Heating and Cooling System

About This Home

As of September 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $795 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 06/23/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $781

Year Built

  • Built in 1956

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 85x170
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,463 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Living Room
  • Dining Room
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Georgian Hills Blk F Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071008 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$781

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725C
  • MAAR Subdivision Name: GEORGIAN HILLS BLK F
  • List Price Per Sq Ft: 63
  • Number Of Stories: 1
  • Price Per Sq Ft: 63.23
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1463
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 45
  • Acreage: 0.33
  • Lot Size: 85X170
  • Price Per Acre: 280303

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 071008 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Sep 9, 2021
Sold by
Memphis Investment Properties Iii Llc
Bought by
Ramesh Praveen Chander
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$92,500
Sold Price
$92,500
Current Estimated Value
$128,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,956
Avg. Annual Appreciation
8.45%
Original Mortgage
$74,000
Outstanding Balance
$67,334
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$61,122

Purchase Details

Closed on
Mar 31, 2021
Sold by
F & S Property Investments Llc
Bought by
Memphis Investment Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 20, 2009
Sold by
Stuckey Tameka
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Nov 4, 2004
Sold by
Brighton Bank
Bought by
Stuckey Tameka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,955
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2004
Sold by
Donaldson Jeffrey T
Bought by
Brighton Bank

Purchase Details

Closed on
May 13, 1998
Sold by
Butler Christine
Bought by
Donaldson Jeffrey T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,804
Interest Rate
7.11%
Mortgage Type
FHA
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
Ramesh Praveen Chander $92,500 Closetrak Llc
Memphis Investment Properties Ii Llc $50,000 Delta Title Services Llc
The Secretary Of Housing & Urban Develop $72,180 None Available
Stuckey Tameka $69,500 Memphis Title Company
Brighton Bank $50,000 --
Donaldson Jeffrey T $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramesh Praveen Chander $74,000
Previous Owner Memphis Investment Properties Ii Llc $72,000
Previous Owner Stuckey Tameka $68,955
Previous Owner Donaldson Jeffrey T $64,804
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $92,500 0.0% $66 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $92,500 -- $66 / 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 $781 $37,850 $2,550 $35,300
2024 $781 $23,025 $2,300 $20,725
2023 $1,403 $23,025 $2,300 $20,725
2022 $1,403 $23,025 $2,300 $20,725
2021 $464 $17,100 $2,300 $14,800
2020 $405 $12,675 $2,300 $10,375
2019 $405 $12,675 $2,300 $10,375
2018 $405 $12,675 $2,300 $10,375
2017 $415 $12,675 $2,300 $10,375
2016 $539 $12,325 $0 $0
2014 $539 $12,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10102319

Memphis Area Association of REALTORS®

APN: 07-1008-0-0010