NOT LISTED FOR SALE

1960 Martin Cir Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $54,000 - $87,000

3 Beds
1 Bath
1,400-1,599 Sq Ft
$42/Sq Ft Est. Value

Last Sold May 18, 2012

Last sale price $7,490 $5 Per Sq Ft

Est. 803% increase in value since last sale

Current estimated payment $380/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Central Heating
  • Wood Flooring
  • Porch
  • 1-Story Property

About This Home

As of May 2012

"As-is ". Investor opportunity. Has fenced backyard and ceiling fans.

Last Agent to Sell the Property

Rita Driver

All Stars Realty License #251275 Listed on: 04/27/2012

Last Buyer's Agent

Maria Townsend

Crye-Leike, Inc., REALTORS License #279767

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $317

Year Built

  • Built in 1957

Lot Details

  • 0.28

Parking

  • 1 Parking Space

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,436 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Wood Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Cove
  • Porch

Additional Features

  • 0.28 Acre Lot
  • Central Heating

Community Details

  • Philsar Blk E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049015 00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$317

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: PHILSAR BLK E
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1436
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch
  • Exterior Windows: Aluminum/Steel Siding, Vinyl Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Utilities

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

Lot Info

  • Lot Description: Cove
  • Lot Number: 175
  • Acreage: 0.28
  • Lot Size: 30/17.66+100.36 X 143.13/139.96

Tax Info

  • Assessor Parcel Number: 049015 00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2012
Closed on
May 18, 2012
Sold by
Fannie Mae
Bought by
Holmon Damon L
Seller's Agent
Rita Driver
All Stars Realty
Buyer's Agent
Maria Townsend
Crye-Leike, Inc., REALTORS
List Price
$7,490
Sold Price
$7,490
Current Estimated Value
$67,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,130
Avg. Annual Appreciation
17.76%

Purchase Details

Listed on
Apr 27, 2012
Closed on
Apr 17, 2012
Sold by
Burton Keith
Bought by
American Home Mortgage Servicing Inc
Seller's Agent
Rita Driver
All Stars Realty
Buyer's Agent
Maria Townsend
Crye-Leike, Inc., REALTORS
List Price
$7,490
Sold Price
$7,490

Purchase Details

Closed on
Aug 30, 2006
Sold by
Dlj Mortgage Capital Inc
Bought by
Burton Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,375
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2006
Sold by
Davis Patrick
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Apr 8, 2005
Sold by
Henderson Latoya
Bought by
Davis Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
9.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 17, 2005
Sold by
National City Home Loan Services Inc
Bought by
Henderson Latoya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
9.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 20, 2005
Sold by
Jones Peggy
Bought by
National City Home Loan Services Inc

Purchase Details

Closed on
Aug 27, 2004
Sold by
Hooker Michael
Bought by
Jones Peggy

Purchase Details

Closed on
Aug 13, 2004
Sold by
Jones Peggy
Bought by
Hooker Michael

Purchase Details

Closed on
Jun 13, 2002
Sold by
Campbell Tommie W and Campbell Patricia L
Bought by
Jones Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
7.5%
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
Holmon Damon L $7,490 None Available
American Home Mortgage Servicing Inc $57,734 None Available
Burton Keith $30,000 None Available
Dlj Mortgage Capital Inc $56,689 None Available
Davis Patrick $63,000 Accurate Title & Escrow Inc
Henderson Latoya $23,000 --
National City Home Loan Services Inc $49,100 --
Jones Peggy -- --
Hooker Michael -- --
Jones Peggy $57,500 American Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burton Keith $35,375
Previous Owner Davis Patrick $56,700
Previous Owner Jones Peggy $46,000
Closed Jones Peggy $11,500
Closed Davis Patrick $3,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2012 05/18/12 Sold $7,490 0.0% $5 / Sq Ft
05/04/2012 05/04/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $7,490 -- $5 / 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 $317 $14,575 $2,000 $12,575
2024 $317 $9,350 $1,125 $8,225
2023 $570 $9,350 $1,125 $8,225
2022 $570 $9,350 $1,125 $8,225
2021 $576 $9,350 $1,125 $8,225
2020 $572 $7,900 $1,125 $6,775
2019 $572 $7,900 $1,125 $6,775
2018 $572 $7,900 $1,125 $6,775
2017 $325 $7,900 $1,125 $6,775
2016 $361 $8,250 $0 $0
2014 $361 $8,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rita Driver

    Seller's Agent in 2012

    Rita Driver

    All Stars Realty

    (901) 674-7653

    37 Total Sales

    Rita Driver
    Section Image
  • Maria Townsend

    Buyer's Agent in 2012

    Maria Townsend

    Crye-Leike

    (901) 216-5605

    4 in this area

    97 Total Sales

    Maria Townsend
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3246180

Memphis Area Association of REALTORS®

APN: 04-9015-0-0024

Tennessee Shelby County Memphis 38106 South Memphis

1960 Martin Cir, Memphis, TN

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