NOT LISTED FOR SALE

1791 Tahiti Ln Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $154,000 - $161,000

4 Beds
1.5 Baths
1,200-1,399 Sq Ft
$113/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $119,000 $85 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $926/month

Highlights

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

About This Home

As of July 2019

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $1095.00 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: 06/13/2019

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,076

Year Built

  • Built in 1955

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,241 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Willowdale A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066043 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,076

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 759E
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 96
  • Number Of Stories: 1
  • Price Per Sq Ft: 95.89
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1241
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1.1
  • Primary Bathroom Description: Tile Floor
  • 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: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 84
  • Acreage: 0.16
  • Lot Size: 7150
  • Price Per Acre: 743750

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 066043 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Jul 26, 2019
Sold by
Memphis Investment Properties Ii Llc
Bought by
Lee Vanzomeren David and Lee Van Zomeren
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$119,000
Sold Price
$119,000
Current Estimated Value
$158,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,143
Avg. Annual Appreciation
4.66%
Original Mortgage
$95,200
Outstanding Balance
$83,548
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$74,595

Purchase Details

Closed on
Feb 8, 2019
Sold by
Henderson Roy T
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
$113,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2007
Sold by
Bsv Enterprises Inc
Bought by
Henderson Roy T

Purchase Details

Closed on
May 21, 2004
Sold by
Sfjv & 2002 & 1
Bought by
Bsv Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2003
Sold by
Spinolo Philip Mark and Spinolo Virginia D
Bought by
Sfjv & 2002 & 1 Llc
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
Lee Vanzomeren David $119,000 Delta Title Services Llc
Memphis Investment Properties Ii Llc $74,000 Close Trak Closing & Title S
Henderson Roy T $65,000 Realty Title
Bsv Enterprises Inc $63,500 Associates Closing & Title H
Sfjv & 2002 & 1 Llc $65,122 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Vanzomeren David $95,200
Previous Owner Memphis Investment Properties Ii Llc $113,000
Previous Owner Bsv Enterprises Inc $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2019 07/26/19 Sold $119,000 0.0% $99 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $119,000 -- $99 / 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 $1,076 $38,000 $8,000 $30,000
2024 $1,076 $31,750 $4,425 $27,325
2023 $1,934 $31,750 $4,425 $27,325
2022 $1,934 $31,750 $4,425 $27,325
2021 $1,095 $31,750 $4,425 $27,325
2020 $1,196 $16,500 $4,425 $12,075
2019 $527 $16,500 $4,425 $12,075
2018 $527 $16,500 $4,425 $12,075
2017 $540 $16,500 $4,425 $12,075
2016 $634 $14,500 $0 $0
2014 $634 $14,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2019

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    3 in this area

    404 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2019

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    4 in this area

    421 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10055004

Memphis Area Association of REALTORS®

APN: 06-6043-0-0012

Tennessee Shelby County Memphis 38117 Colonial Acres

1791 Tahiti Ln, Memphis, TN

This home is located at 1791 Tahiti Ln, Memphis, TN 38117 since 13 June 2019 and is currently estimated at $158,143, approximately $113 per square foot. This property was built in 1955. 1791 Tahiti Ln is a home located in Shelby County with nearby schools including Willow Oaks Elementary School, Colonial Middle, and Overton High.

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