NOT LISTED FOR SALE

Estimated Value: $49,000 - $81,000

3 Beds
1 Bath
1,198 Sq Ft
$54/Sq Ft Est. Value

Last Sold April 10, 2013

Last sale price $10,005 $8 Per Sq Ft

Est. 636% increase in value since last sale

Current estimated payment $419/month

10 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • 4-minute walk to Booker T. Washington Park
  • Outdoor Storage

About This Home

As of April 2013

Become an instant land baron!! Seller is liquidating 6 single fam and 2 duplexes all proven earners. Purchase them all and get a bulk discount!!! Rare Opportunity! Please do not disturb tenants.

Last Agent to Sell the Property

George Merryfield

Leco Realty, Inc. License #285635 Listed on: 03/04/2013

Last Buyer's Agent

George Merryfield

Leco Realty, Inc. License #285635 Listed on: 03/04/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $192

Year Built

  • Built in 1915

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 125

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,198 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Community Details

  • Cedar St S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 022021 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$192

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 741B
  • MAAR Subdivision Name: CEDAR
  • Number Of Stories: 1
  • Price Per Sq Ft: 8.35
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1198
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: On-Site Storage

Lot Info

  • Lot Number: 52
  • Acreage: 0.11
  • Lot Size: 40 X 125

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 022021 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2013
Closed on
Apr 9, 2013
Sold by
Bbc Holdings Inc
Bought by
Blue Lines Acquistions Llc
Seller's Agent
George Merryfield
Leco Realty, Inc.
Buyer's Agent
George Merryfield
Leco Realty, Inc.
List Price
$8,500
Sold Price
$10,005
Premium/Discount to List
$1,505
17.71%
Current Estimated Value
$73,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,638
Avg. Annual Appreciation
18.22%

Purchase Details

Closed on
Aug 5, 2009
Sold by
Alexander Charles W
Bought by
B B C Holdings Inc

Purchase Details

Closed on
Sep 20, 2006
Sold by
Fv & 1 Inc
Bought by
Alexander Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,800
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2006
Sold by
Washington Lacy
Bought by
Fv & 1 Inc

Purchase Details

Closed on
Dec 5, 2005
Sold by
Household Financial Center Inc
Bought by
Nosam Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
6.18%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 14, 2005
Sold by
Nosam Investments Llc
Bought by
Washington Lacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
11.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 2, 2005
Sold by
Winbush Kevin
Bought by
Household Financial Center Inc

Purchase Details

Closed on
Jan 13, 1998
Sold by
Winbush Harold and Winbush Harold D
Bought by
Winbush Kevin
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
Blue Lines Acquistions Llc $10,005 None Available
B B C Holdings Inc $15,000 None Available
Alexander Charles $13,000 None Available
Fv & 1 Inc $46,750 None Available
Nosam Investments Llc $8,000 --
Washington Lacy $60,000 Title Enterprises Llc
Household Financial Center Inc $25,070 --
Winbush Kevin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Charles $48,800
Previous Owner Washington Lacy $6,000
Previous Owner Washington Lacy $51,000
Previous Owner Winbush Kevin $40,500
Previous Owner Winbush Kevin $24,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2013 04/10/13 Sold $10,005 +17.7% $8 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $8,500 -- $7 / 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 $192 $9,950 $1,575 $8,375
2024 $192 $5,675 $525 $5,150
2023 $346 $5,675 $525 $5,150
2022 $346 $5,675 $525 $5,150
2021 $350 $5,675 $525 $5,150
2020 $321 $4,425 $525 $3,900
2019 $321 $4,425 $525 $3,900
2018 $321 $4,425 $525 $3,900
2017 $182 $4,425 $525 $3,900
2016 $203 $4,650 $0 $0
2014 $203 $4,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3266594

Memphis Area Association of REALTORS®

APN: 02-2021-0-0011