$23,001
SOLD JUN 28, 2017
3 Beds
1.5 Baths
2,600-2,799 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$8 Per Sq Ft

43% Below List Price

211 Days on Market

Highlights

  • Wood Flooring
  • Separate Formal Living Room
  • Porch
  • 1 Fireplace
  • Some Wood Windows
  • Eat-In Kitchen

About This Home

As of December 2018

Equal Housing Opportunity. HUD OWNED. Fantastic opportunity! All information herein is believed to be true, but not warranted:selling agent to verify all information. Property built in 1959 and approximately 2714 sqft. Fantastic opportunity!!Ranch style home in Shelby County. Advantages include the ability to live close to your kids school and shopping. Nice backyard perfect for entertaining and summer fun.

Last Agent to Sell the Property

Michael Tally

Tally Real Estate Group, LLC License #331281 Listed on: 11/15/2016

Last Buyer's Agent

Jeremy Moore

C21 Patterson & Assoc. Real Es License #306382

C21 Patterson & Assoc. Real Es

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $846

Year Built

  • Built in 1959

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot
  • Few Trees

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 1,754 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Window Unit Cooling System
  • Floor Furnace

Additional Features

  • Porch
  • Ground Level

Community Details

  • Rugby Second Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072034 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$846

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 727C
  • MAAR Subdivision Name: RUGBY 2ND ADD
  • List Price Per Sq Ft: 13
  • Number Of Stories: 1
  • Price Per Sq Ft: 13.11
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1754
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Cooktop, Microwave
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 1, Tile Floor

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood Window(s)

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Floor Furnace

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 382
  • Acreage: 0.2
  • Lot Size: .20
  • Price Per Acre: 113400

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 072034 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2017
Closed on
Dec 17, 2018
Sold by
Livingston Sustin
Bought by
Vdv Memphis Corp
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$49,000
Sold Price
$43,000
Premium/Discount to List
-$6,000
-12.24%
Current Estimated Value
$129,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,336
Avg. Annual Appreciation
17.89%

Purchase Details

Listed on
Nov 15, 2016
Closed on
Jun 28, 2017
Sold by
Carson Ben
Bought by
Livingston Dustin
Seller's Agent
Michael Tally
Tally Real Estate Group, LLC
Buyer's Agent
Jeremy Moore
C21 Patterson & Assoc. Real Es
List Price
$40,500
Sold Price
$23,001
Premium/Discount to List
-$17,499
-43.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.05%

Purchase Details

Closed on
May 13, 2016
Sold by
Bond Michael
Bought by
The Sercertary Of Hud

Purchase Details

Closed on
Feb 26, 2008
Sold by
Mccoy Raymond R
Bought by
Bond Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,887
Interest Rate
5.46%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2006
Sold by
Ware Lucius and Ware Neshelle
Bought by
Novastar Mortgage Inc

Purchase Details

Closed on
May 22, 1996
Sold by
Barnett Ralph and Barnett Lillian
Bought by
Ware Lucious and Ware Neshelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed $43,000 Memphis Title Co
Cash Sale Deed $23,001 Nexus Title & Escrow Llc
Trustee Deed -- None Available
Warranty Deed $72,000 Lenders Title & Escrow Llc
Trustee Deed $59,189 None Available
Warranty Deed $48,000 Memphis Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $70,887 FHA
Previous Owner $56,700 Unknown
Previous Owner $40,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2018 12/17/18 Sold $43,000 -12.2% $16 / Sq Ft
08/27/2018 08/27/18 For Sale $49,000 +25.6% $18 / Sq Ft
08/25/2018 08/25/18 Pending -- -- --
11/11/2017 11/11/17 For Sale $39,000 +69.6% $14 / Sq Ft
06/28/2017 06/28/17 Sold $23,001 -43.2% $9 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
11/15/2016 11/15/16 For Sale $40,500 -- $16 / 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 $846 $40,675 $1,550 $39,125
2024 $846 $24,950 $1,275 $23,675
2023 $1,520 $24,950 $1,275 $23,675
2022 $1,520 $24,950 $1,275 $23,675
2021 $861 $24,950 $1,275 $23,675
2020 $949 $13,100 $1,275 $11,825
2019 $419 $13,100 $1,275 $11,825
2018 $419 $13,100 $1,275 $11,825
2017 $429 $13,100 $1,275 $11,825
2016 $589 $13,475 $0 $0
2014 $589 $13,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9990782

Memphis Area Association of REALTORS®

APN: 07-2034-0-0009