NOT LISTED FOR SALE

Estimated Value: $64,000 - $92,000

3 Beds
1 Bath
100-999 Sq Ft
$77/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $54,900 $55 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $438/month

Highlights

  • Traditional Architecture
  • Den
  • Eat-In Kitchen
  • Attic
  • Some Wood Windows
  • Tile Flooring

About This Home

As of September 2018

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2018 standards! Target rent = $625 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

James Wachob

Foundation Property Management License #294924 Listed on: 07/10/2018

Foundation Property Management

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $354

Year Built

  • Built in 1958

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 100-999 Sq Ft Home
  • 828 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Den
  • Attic Access Panel
  • Iron Doors

Kitchen

  • Eat-In Kitchen
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Rugby Third Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072031 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$354

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 727C
  • MAAR Subdivision Name: RUGBY 3RD ADD
  • List Price Per Sq Ft: 66
  • Number Of Stories: 1
  • Price Per Sq Ft: 66.3
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 828
  • Year Built: 1958
  • 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, 1/2 Bath, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 1
  • Equipment: Disposal
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen
  • Misc Interior: Attic Access
  • Other Rooms: Attic
  • 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: Wood/Composition
  • Foundation: Slab

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Level
  • Lot Number: 558
  • Acreage: 0.19
  • Lot Size: 8450
  • Price Per Acre: 288947

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 072031 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Sep 20, 2018
Sold by
Reedy James E
Bought by
Hidalgo Marbey and Hidalgo Toni Rose
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$54,900
Sold Price
$54,900
Current Estimated Value
$76,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,617
Avg. Annual Appreciation
5.06%
Original Mortgage
$43,920
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2006
Sold by
Federal National Mortgage Association
Bought by
Memphis Investment Properties Llc

Purchase Details

Closed on
Aug 4, 2006
Sold by
Memphis Investment Properties Llc
Bought by
Reedy James E

Purchase Details

Closed on
Nov 29, 2005
Sold by
Spivey Randall J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 17, 2003
Sold by
Boone Jeffrey M and Boone Richard B
Bought by
Travis Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 17, 1998
Sold by
Brookfield Properties Inc
Bought by
Southmark Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
6.97%

Purchase Details

Closed on
Feb 24, 1998
Sold by
Hunt Darnie B
Bought by
Hud

Purchase Details

Closed on
May 24, 1995
Bought by
Hunt Darnie B and Hunt Sandra D
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
Hidalgo Marbey $54,900 Delta Title Services Llc
Memphis Investment Properties Llc $9,900 Tam Title & Escrow Llc
Reedy James E -- None Available
Federal National Mortgage Association $56,363 --
Travis Elizabeth $50,000 --
Southmark Capital Inc $22,000 --
Hud $33,727 --
Hunt Darnie B $29,754 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hidalgo Marbey $48,750
Closed Hidalgo Marbey $43,920
Previous Owner Reedy James E $21,000
Previous Owner Travis Elizabeth $50,000
Previous Owner Southmark Capital Inc $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $54,900 0.0% $549 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $54,900 -- $549 / 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 $354 $16,750 $1,525 $15,225
2024 $354 $10,450 $1,250 $9,200
2023 $637 $10,450 $1,250 $9,200
2022 $637 $10,450 $1,250 $9,200
2021 $644 $10,450 $1,250 $9,200
2020 $507 $7,000 $1,250 $5,750
2019 $224 $7,000 $1,250 $5,750
2018 $224 $7,000 $1,250 $5,750
2017 $229 $7,000 $1,250 $5,750
2016 $317 $7,250 $0 $0
2014 $317 $7,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10031477

Memphis Area Association of REALTORS®

APN: 07-2031-0-0002