$45,000
SOLD SEP 19, 2025
3 Beds
2 Baths
1,092 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

19% Below List Price

0 Day on Market

Highlights

  • Traditional Architecture
  • Central Air
  • Property has 3 Levels
  • No HOA
  • Heating System Uses Natural Gas

About This Home

As of September 2025

Great investor opportunity. 3 bedroom two bath home with carport. Owned by First Horizon Bank. (two parcels) Bank owned sold as is.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $331

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 168x117

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,092 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Carport Space

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Person Ave Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 048040 00042

Home Details

Home Type

Single Family

Est. Annual Taxes

$331

Year Built

Built in 1950

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1950
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Other
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area: 1092
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size: 168X117
  • Lot Size Units: Acres
  • Parcel #: 048040 00042
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 331
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2025
Closed on
Sep 19, 2025
Sold by
First Tennessee Bank National Associatio
Bought by
Fair Cash Passive 2 Llc
List Price
$55,900
Sold Price
$45,000
Premium/Discount to List
-$10,900
-19.5%
Views
63
Current Estimated Value
$49,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,000
Avg. Annual Appreciation
17.79%

Purchase Details

Closed on
Jan 17, 2024
Sold by
Mackie Wolf Zientz & Mann Pc
Bought by
First Horizon Bank

Purchase Details

Closed on
Jul 10, 2007
Sold by
Palmer Tracey L
Bought by
Walker Tammie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2004
Sold by
Herton Ricky
Bought by
Palmer Tracey L

Purchase Details

Closed on
Dec 30, 2003
Sold by
Palmer Jessie
Bought by
Hunton Rickey

Purchase Details

Closed on
May 30, 2002
Sold by
Palmer Tracey L
Bought by
Palmer Jessie G

Purchase Details

Closed on
Dec 2, 1996
Sold by
Evans Earnest L
Bought by
Palmer Tracey
Source: Public Records
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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
Special Warranty Deed $45,000 Medlock Title Escrow Llc
Trustee Deed $55,250 None Listed On Document
Warranty Deed $55,000 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Interfamily Deed Transfer -- Memphis Title
Quit Claim Deed -- Memphis Title
Quit Claim Deed -- Memphis Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $55,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2025 09/19/25 Sold $45,000 -19.5% $41 / Sq Ft
09/19/2025 09/19/25 Pending -- -- --
09/19/2025 09/19/25 For Sale $55,900 -- $51 / Sq Ft
Source: Realtracs

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 $170 $8,925 $1,500 $7,425
2024 $170 $5,025 $1,000 $4,025
2023 $170 $5,025 $1,000 $4,025
2022 $306 $5,025 $1,000 $4,025
2021 $310 $5,025 $1,000 $4,025
2020 $319 $4,400 $1,000 $3,400
2019 $319 $4,400 $1,000 $3,400
2018 $319 $4,400 $1,000 $3,400
2017 $181 $4,400 $1,000 $3,400
2016 $232 $5,300 $0 $0
2014 $232 $5,300 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3160382

Realtracs

APN: 04-8040-0-0042

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