NOT LISTED FOR SALE

Estimated Value: $68,000 - $123,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$77/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $104,500 $87 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $527/month

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Tile Flooring
  • 0.58 Acre Lot
  • Den
  • Central Heating and Cooling System

About This Home

As of March 2022

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: 09/29/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $469

Year Built

  • Built in 1977

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 107x236
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,064 Sq Ft Home
  • 1-Story Property
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Hilderbrand Subdivision

Listing and Financial Details

  • Assessor Parcel Number 082012 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$469

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 761B
  • MAAR Subdivision Name: HILDERBRAND
  • List Price Per Sq Ft: 96
  • Number Of Stories: 1
  • Price Per Sq Ft: 98.21
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1064
  • Year Built: 1977
  • 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 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 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: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 2
  • Acreage: 0.58
  • Lot Size: 107X236
  • Price Per Acre: 176724

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 082012 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Mar 25, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Comberg Christian Peter and Comberg Charlotte Frances
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$102,500
Sold Price
$104,500
Premium/Discount to List
$2,000
1.95%
Current Estimated Value
$92,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,142
Avg. Annual Appreciation
-3.39%
Original Mortgage
$66,750
Outstanding Balance
$62,707
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$29,651

Purchase Details

Closed on
Sep 13, 2021
Sold by
Homewood Investment Gp
Bought by
Memphis Investment Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 28, 2021
Sold by
Shannon Louvencia
Bought by
Homewood Investment Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 19, 2019
Sold by
Holt Bonnie Jean
Bought by
Homewood Investment Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2019
Sold by
Half Bonnie Jean
Bought by
Shannon Louvercia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 2003
Sold by
Davis Teola and Calvin Lillian Davis
Bought by
Kimper Richard
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
Comberg Christian Peter $104,500 Delta Title Services
Memphis Investment Properties Iii Llc $39,900 Closetrak
Homewood Investment Gp $18,000 None Available
Homewood Investment Gp -- None Available
Shannon Louvercia -- None Available
Kimper Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Comberg Christian Peter $66,750
Previous Owner Memphis Investment Properties Iii Llc $60,000
Previous Owner Homewood Investment Gp $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2022 03/28/22 Sold $104,500 +2.0% $105 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $102,500 -- $103 / 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 $469 $13,975 $1,775 $12,200
2024 $469 $13,825 $1,475 $12,350
2023 $842 $13,825 $1,475 $12,350
2022 $531 $8,725 $1,475 $7,250
2021 $632 $8,725 $1,475 $7,250
2020 $553 $7,625 $1,325 $6,300
2019 $244 $7,625 $1,325 $6,300
2018 $244 $7,625 $1,325 $6,300
2017 $249 $7,625 $1,325 $6,300
2016 $343 $7,850 $0 $0
2014 $343 $7,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10109799

Memphis Area Association of REALTORS®

APN: 08-2012-0-0001