NOT LISTED FOR SALE

Estimated Value: $76,000 - $98,000

4 Beds
1 Bath
1,000-1,199 Sq Ft
$72/Sq Ft Est. Value

Last Sold November 02, 2022

Last sale price $55,500 $46 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $513/month

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Central Heating
  • Separate Formal Living Room
  • Porch
  • Partially Carpeted

About This Home

As of November 2022

Great investment opportunity! The seller is very motivated to sell this fully renovated home. It's rented for $800/month. It’s occupied month to month, and tenant can vacate anytime. List of updates: new kitchen, carpet, blinds, bathroom, light fixtures, and landscaping. Central heat. Seller to provide 2 new A/C units by closing. Don't miss this one!! No sign in the yard.

Last Agent to Sell the Property

Desiree Anderson

Adaro Realty, Inc. License #360922 Listed on: 10/08/2022

Adaro Realty, Inc.

Last Buyer's Agent

Stephen Akindona

Kairos Realty License #329215

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x103
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,095 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Iron Doors

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • Garretts Revised Plan Of Goodman Bros Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050014 00027

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747A
  • MAAR Subdivision Name: GARRETT
  • Number Of Stories: 1
  • Price Per Sq Ft: 50.68
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1095
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 191
  • Acreage: 0.11
  • Lot Size: 50X103

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 050014 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2022
Closed on
Nov 2, 2022
Sold by
Jewel Enterprise Real Estate Investments
Bought by
Sanders Robin
Seller's Agent
Desiree Anderson
Adaro Realty, Inc.
Buyer's Agent
Stephen Akindona
Kairos Realty
List Price
$72,500
Sold Price
$55,500
Premium/Discount to List
-$17,000
-23.45%
Views
36
Current Estimated Value
$86,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,940
Avg. Annual Appreciation
16.32%
Original Mortgage
$60,000
Outstanding Balance
$58,053
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$28,387

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 3, 2022
Sold by
Fedtrust Federal Credit Union
Bought by
Jewel Enterprise Real Estate Investments Llc
Seller's Agent
Sherry Cole
John Green & Co., REALTORS
Buyer's Agent
Desiree Anderson
Adaro Realty, Inc.
List Price
$15,000
Sold Price
$15,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2153.52%

Purchase Details

Listed on
May 20, 2022
Closed on
Apr 25, 2022
Sold by
Mangrum Harold D
Bought by
Fedtrust
Seller's Agent
Sherry Cole
John Green & Co., REALTORS
Buyer's Agent
Desiree Anderson
Adaro Realty, Inc.
List Price
$15,000
Sold Price
$15,000

Purchase Details

Closed on
Jun 16, 2021
Sold by
Shelby County Chancery Court
Bought by
Thomas Helen M

Purchase Details

Closed on
Jun 9, 2021
Sold by
Shelby County Chancery Court
Bought by
Joseph Stephanie A

Purchase Details

Closed on
Apr 17, 2002
Sold by
Weeks Mary Elizabeth
Bought by
Hud

Purchase Details

Closed on
Nov 18, 1997
Sold by
Jones Paul B and Jones Phyllis H
Bought by
Weeks Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,360
Interest Rate
7.27%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 1997
Sold by
Bankers Trust Company Of California Na
Bought by
Jones Paul B and Jones Phyllis H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.75%

Purchase Details

Closed on
Sep 13, 1996
Sold by
Kirsch Joe M
Bought by
Bankers Trust Co Of California Na
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
Sanders Robin $55,500 Realty Title & Escrow
Jewel Enterprise Real Estate Investments Llc $15,000 None Listed On Document
Fedtrust $30,000 None Listed On Document
Thomas Helen M $5,489 Gallagher Gregory S
Joseph Stephanie A $5,489 None Listed On Document
Hud $44,100 --
Weeks Mary Elizabeth $41,000 Assurance Title & Escrow
Jones Paul B $11,000 --
Bankers Trust Co Of California Na $23,208 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Robin $60,000
Previous Owner Weeks Mary Elizabeth $41,360
Previous Owner Jones Paul B $28,000
Closed Weeks Mary Elizabeth $2,424
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2022 11/02/22 Sold $55,500 -7.3% $56 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/12/2022 10/12/22 Price Changed $59,900 -17.4% $60 / Sq Ft
10/08/2022 10/08/22 For Sale $72,500 +383.3% $73 / Sq Ft
06/03/2022 06/03/22 Sold $15,000 0.0% $15 / Sq Ft View Prior Sale
05/20/2022 05/20/22 For Sale $15,000 -- $15 / 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 -- $25,550 $1,250 $24,300
2024 -- $10,525 $875 $9,650
2023 $641 $10,525 $875 $9,650
2022 $471 $7,725 $875 $6,850
2021 $559 $7,725 $875 $6,850
2020 $457 $6,300 $875 $5,425
2019 $201 $6,300 $875 $5,425
2018 $201 $6,300 $875 $5,425
2017 $206 $6,300 $875 $5,425
2016 $288 $6,600 $0 $0
2014 $288 $6,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10135276

Memphis Area Association of REALTORS®

APN: 05-0014-0-0027