NOT LISTED FOR SALE

Estimated Value: $110,000 - $132,000

3 Beds
2 Baths
1,321 Sq Ft
$88/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $23,200 $18 Per Sq Ft

Est. 403% increase in value since last sale

Current estimated payment $676/month

221 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating
  • 1-Story Property
  • Some Wood Windows
  • Level Lot

About This Home

As of August 2014

This home is located at 1976 Corning Ave, Memphis, TN 38127 since 06 January 2014 and is currently estimated at $116,762, approximately $88 per square foot. This property was built in 1957. 1976 Corning Ave is a home located in Shelby County with nearby schools including Georgian Hills Achievement Elementary School, Georgian Hills Junior High School, and Cornerstone Prep Denver Campus.

Last Agent to Sell the Property

Martine Hobson

The Stamps Real Estate Company License #288929 Listed on: 01/06/2014

Last Buyer's Agent

Martine Hobson

The Stamps Real Estate Company License #288929 Listed on: 01/06/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $480

Year Built

  • Built in 1957

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,321 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating

Community Details

  • Frayser Grove First Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072003 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$480

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725E
  • MAAR Subdivision Name: FRAYSER GROVE
  • List Price Per Sq Ft: 23
  • Number Of Stories: 1
  • Price Per Sq Ft: 17.56
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1321
  • Year Built: 1957
  • 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: 2
  • Total Bathrooms: 2

Exterior Features

  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 98
  • Acreage: 0.19
  • Price Per Acre: 157368

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 072003 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2016
Sold by
Dawson John Thomson
Bought by
1976 Corning Avenue Trust
Current Estimated Value
$116,762

Purchase Details

Listed on
Jan 6, 2014
Closed on
Oct 22, 2014
Sold by
Mid South Homebuyers Inc
Bought by
Dawson John Thomson
Seller's Agent
Martine Hobson
The Stamps Real Estate Company
Buyer's Agent
Martine Hobson
The Stamps Real Estate Company
List Price
$31,900
Sold Price
$23,200
Premium/Discount to List
-$8,700
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.34%
Original Mortgage
$47,760
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2014
Closed on
Aug 29, 2014
Sold by
Vernon Gary D
Bought by
Mid South Homebuyers Inc
Seller's Agent
Martine Hobson
The Stamps Real Estate Company
Buyer's Agent
Martine Hobson
The Stamps Real Estate Company
List Price
$31,900
Sold Price
$23,200
Premium/Discount to List
-$8,700
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,760
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2012
Sold by
Callaway Sylvia
Bought by
Vernon Gary D

Purchase Details

Closed on
Sep 30, 2004
Sold by
Coker John Larry and Coker Fay Cole
Bought by
Calloway Sylvia

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
5.71%
Mortgage Type
Purchase Money Mortgage
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
1976 Corning Avenue Trust -- None Available
Dawson John Thomson $59,700 Saddle Creek Title Llc
Mid South Homebuyers Inc $23,200 None Available
Vernon Gary D $50,000 None Available
Calloway Sylvia $60,000 Equity Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dawson John T $46,740
Closed Dawson John Thomson $47,760
Previous Owner Calloway Sylvia $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $23,200 -27.3% $18 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $31,900 -- $24 / 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 $480 $20,900 $2,150 $18,750
2024 $480 $14,150 $2,025 $12,125
2023 $862 $14,150 $2,025 $12,125
2022 $862 $14,150 $2,025 $12,125
2021 $872 $14,150 $2,025 $12,125
2020 $958 $13,225 $2,025 $11,200
2019 $958 $13,225 $2,025 $11,200
2018 $958 $13,225 $2,025 $11,200
2017 $544 $13,225 $2,025 $11,200
2016 $546 $12,500 $0 $0
2014 $546 $12,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3287991

Memphis Area Association of REALTORS®

APN: 07-2003-0-0022