NOT LISTED FOR SALE

1971 Martin Cir Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $63,740 - $89,000

2 Beds
1 Bath
816 Sq Ft
$92/Sq Ft Est. Value

Last Sold November 21, 2019

Last sale price $25,500 $31 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $411/month

183 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Central Heating and Cooling System
  • No HOA
  • Walk-In Closet
  • Carpet

About This Home

As of November 2019

Great 2 bedroom, 1 bath investment property.Very well maintained. This home has central heat/air. Offers good curb appeal. Last rented for $600. Quiet neighborhood. This home will not last long.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $466

Year Built

  • Built in 1950

Lot Details

  • 6,534

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 816 Sq Ft Home
  • Property has 3 Levels
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Additional Features

  • Porch
  • 6,534 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Philsar Blk E Subdivision

Listing and Financial Details

  • Tax Lot 191
  • Assessor Parcel Number 049015 00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$466

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1950
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 816
  • Living Area Units: Square Feet

Exterior Features

  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size: 74.05/30 X 134.38/132.30
  • Lot Size Units: Acres
  • Parcel #: 049015 00030
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 466
  • Tax Lot: 191

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Nov 21, 2019
Sold by
Pigue Pamela
Bought by
Jackson Ovie and Jackson Ruth
List Price
$36,000
Sold Price
$25,500
Premium/Discount to List
-$10,500
-29.17%
Current Estimated Value
$74,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,435
Avg. Annual Appreciation
19.90%

Purchase Details

Closed on
Mar 18, 2010
Sold by
Tennessee Housing Development Agency
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Mar 4, 2010
Sold by
Woods Janet E
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
Jan 13, 2003
Sold by
Crawford Christine
Bought by
Crawford Sanverneado
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
Jackson Ovie $25,500 Sure Title Company Llc
Secretary Of Housing & Urban Development $29,774 None Available
Tennessee Housing Development Agency $29,774 None Available
Crawford Sanverneado -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2019 11/21/19 Sold $25,500 -29.2% $31 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $36,000 -- $44 / Sq Ft
Source: Realtracs

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 $230 $10,650 $2,000 $8,650
2024 $230 $6,775 $1,125 $5,650
2023 $413 $6,775 $1,125 $5,650
2022 $413 $6,775 $1,125 $5,650
2021 $418 $6,775 $1,125 $5,650
2020 $418 $5,775 $1,125 $4,650
2019 $185 $5,775 $1,125 $4,650
2018 $185 $5,775 $1,125 $4,650
2017 $189 $5,775 $1,125 $4,650
2016 $262 $6,000 $0 $0
2014 $262 $6,000 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3026542

Realtracs

APN: 04-9015-0-0030

Tennessee Shelby County Memphis 38106 South Memphis

1971 Martin Cir, Memphis, TN

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