NOT LISTED FOR SALE

Estimated Value: $62,000 - $103,000

3 Beds
2.5 Baths
1,400-1,599 Sq Ft
$49/Sq Ft Est. Value

Last Sold December 27, 2018

Last sale price $30,000 $19 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $480/month

50 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Ceiling Fan
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Partially Carpeted

About This Home

As of December 2018

Great income producing opportunity! Tenant occupied! $750/month! Section 8 Additional pictures available

Last Agent to Sell the Property

Allison Pierce

KAIZEN Realty, LLC License #325651 Listed on: 10/08/2018

KAIZEN Realty, LLC

Last Buyer's Agent

Mike Parker

REMAX Experts License #312619

REMAX Experts

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,598 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Separate Formal Living Room
  • Partially Carpeted

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Utilities

  • Central Heating and Cooling System

Community Details

  • Garretts Re Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041033 00095

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 742D
  • MAAR Subdivision Name: GARRETTS
  • List Price Per Sq Ft: 22
  • Number Of Stories: 1
  • Price Per Sq Ft: 18.77
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1598
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 2
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen
  • Misc Interior: Smoke Detector(s)
  • Total Bathrooms: 2.1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 24
  • Acreage: 0.17
  • Lot Size: 50/50.04 X 155.96 / 154.02
  • Price Per Acre: 205294

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 041033 00095

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Dec 6, 2018
Sold by
Horseman Robert
Bought by
Letino Llc
Seller's Agent
Allison Pierce
KAIZEN Realty, LLC
Buyer's Agent
Mike Parker
REMAX Experts
List Price
$40,000
Sold Price
$30,000
Premium/Discount to List
-$10,000
-25%
Current Estimated Value
$79,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,862
Avg. Annual Appreciation
16.32%

Purchase Details

Closed on
Jan 26, 2011
Sold by
Mountain Blue Inc
Bought by
Horseman Robert and Actv Profit Sharing Plan 401K #97606

Purchase Details

Closed on
Dec 23, 2010
Sold by
Mountain Blue Inc
Bought by
Horseman Robert and Actv Profit Sharing Plan 401K

Purchase Details

Closed on
Oct 7, 2010
Sold by
U S Bank National Association
Bought by
Mountain Blue Inc

Purchase Details

Closed on
Apr 21, 2010
Sold by
Darling Brian W and Clemente Inez
Bought by
Us Bank National Association

Purchase Details

Closed on
Aug 7, 2006
Sold by
Jpmorgan Chase Bank
Bought by
Darling Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.52%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 2005
Sold by
Fleming James F and Fleming Virginia
Bought by
Jpmorgan Chase Bank and Gsamp Trust 2004-Sea2 Mortgage Pass Thro
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
Letino Llc $30,000 None Available
Horseman Robert $49,500 None Available
Horseman Robert $49,500 None Available
Mountain Blue Inc $13,300 Resource Title Agency Inc
Us Bank National Association $63,519 None Available
Darling Brian $35,000 None Available
Jpmorgan Chase Bank $55,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Darling Brian W $60,000
Previous Owner Fleming James F $77,000
Previous Owner Fleming James F $55,100
Previous Owner Fleming James F $30,400
Previous Owner Fleming James F $7,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2018 12/27/18 Sold $30,000 -14.0% $21 / Sq Ft
11/15/2018 11/15/18 Price Changed $34,900 -12.8% $25 / Sq Ft
10/08/2018 10/08/18 For Sale $40,000 -- $29 / 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 -- $16,875 $1,750 $15,125
2024 -- $8,800 $1,000 $7,800
2023 $536 $8,800 $1,000 $7,800
2022 $536 $8,800 $1,000 $7,800
2021 $542 $8,800 $1,000 $7,800
2020 $522 $7,200 $1,000 $6,200
2019 $230 $7,200 $1,000 $6,200
2018 $230 $7,200 $1,000 $6,200
2017 $236 $7,200 $1,000 $6,200
2016 $312 $7,150 $0 $0
2014 $312 $7,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10038316

Memphis Area Association of REALTORS®

APN: 04-1033-0-0095