NOT LISTED FOR SALE

Estimated Value: $292,522 - $354,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 13, 2013

Last sale price $242,000 $121 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,938/month

Highlights

  • The property is located in a historic district
  • Updated Kitchen
  • Deck
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Vaulted Ceiling

About This Home

As of December 2013

LOCATION, LOCATION, LOCATION! This is the one you've been waiting for! Adorable Midtown cottage within short distance to Overton Square, Cooper Young and everything Midtown Memphis has to offer. Don't miss this designer updated home w/park-like backyard!

Last Agent to Sell the Property

Tracy Dougan Lombardo

Marx-Bensdorf, REALTORS License #326107 Listed on: 10/30/2013

Last Buyer's Agent

Michelle Koeppen

Ware Jones, REALTORS License #323748

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,553

Year Built

  • Built in 1912

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x176
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,830 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den
  • Laundry closet

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Cedar Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Separate Shower

Home Security

  • Home Security System
  • Termite Clearance

Parking

  • Carport
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Floor Furnace
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Gladstone Hgts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 016057 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,553

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 746H
  • MAAR Subdivision Name: LENOX
  • Number Of Stories: 1
  • Price Per Sq Ft: 132.24
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1830
  • Termite Contract: Yes
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Living Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry
  • Misc Interior: Excl Some Window Treatmnt, Cedar Lined Closet(s), Security System
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2
  • Primary Bathroom Description: Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Fireplace, Sitting Area, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Porch, Patio, Deck, Historic District
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Parking Display: C0
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas, Floor Furnace
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: E PT G
  • Acreage: 0.2
  • Lot Size: 50X176

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 016057 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2013
Closed on
Dec 12, 2013
Sold by
Bowles Jason L
Bought by
Russ Jon L and Levi Jennifer L
Seller's Agent
Tracy Dougan Lombardo
Marx-Bensdorf, REALTORS
Buyer's Agent
Michelle Koeppen
Ware Jones, REALTORS
List Price
$249,000
Sold Price
$242,000
Premium/Discount to List
-$7,000
-2.81%
Current Estimated Value
$326,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,381
Avg. Annual Appreciation
2.55%
Original Mortgage
$193,600
Outstanding Balance
$52,640
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$273,741

Purchase Details

Closed on
Jul 27, 2007
Sold by
Leech Michael Stephen
Bought by
Bowles Jason L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
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
Russ Jon L $242,000 None Available
Bowles Jason L $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russ Jon L $193,600
Previous Owner Bowles Jason L $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2013 12/13/13 Sold $242,000 -2.8% $134 / Sq Ft
11/24/2013 11/24/13 Pending -- -- --
10/30/2013 10/30/13 For Sale $249,000 -- $138 / 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 $2,553 $74,825 $22,350 $52,475
2024 $2,553 $75,300 $16,325 $58,975
2023 $4,587 $75,300 $16,325 $58,975
2022 $4,587 $75,300 $16,325 $58,975
2021 $4,641 $75,300 $16,325 $58,975
2020 $4,784 $66,025 $16,325 $49,700
2019 $4,784 $66,025 $16,325 $49,700
2018 $4,784 $66,025 $16,325 $49,700
2017 $2,714 $66,025 $16,325 $49,700
2016 $1,826 $41,775 $0 $0
2014 $1,826 $41,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3284365

Memphis Area Association of REALTORS®

APN: 01-6057-0-0015