$20,000
SOLD APR 29, 2025
2 Beds
1 Bath
800-999 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$20 Per Sq Ft

69% Below List Price

139 Days on Market

Highlights

  • Updated Kitchen
  • Some Wood Windows
  • Central Heating and Cooling System
  • Traditional Architecture
  • Porch
  • 1-Story Property

About This Home

As of April 2025

Lovely 2 bedroom 1 bathroom home with OPEN FLOOR PLAN (perfect for entertaining) for sale. Home needs repairs (cash offers only). Home was substantially rehabbed recently but will need additional repairs. Home has some updated fixtures, granite countertops, and a nice floor plan plus big front porch. ONLINE VIDEO AVAILABLE. Roof appears to be in good shape and home has a large, updated bathroom (stand up shower and soaking tub). Could be a great primary residence or investment property. No wholesalers or assignments, no creative financing or owner financing.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 11/20/2024

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Meatha Haynes Tapley

Crye-Leike, Inc., REALTORS License #312020

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $347

Year Built

  • Built in 1928

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 800-999 Sq Ft Home
  • 808 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Laminate Flooring
  • Updated Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Georgia P Colby Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041039 00034

Home Details

Home Type

Single Family

Est. Annual Taxes

$347

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 742D
  • MAAR Subdivision Name: GEORGIA P COLBY
  • Number Of Stories: 1
  • Price Per Sq Ft: 24.75
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 808
  • Year Built: 1928
  • List Price/ Sq Ft: 43
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 800-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Display: N0
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 21&22
  • Acreage: 0.13
  • Lot Size: 50X120
  • Price Per Acre: 268462
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 041039 00034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Apr 29, 2025
Sold by
Pegasus Real Estate Services Llc
Bought by
Turnkey Property Pro Holdings Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Meatha Haynes Tapley
Crye-Leike, Inc., REALTORS
List Price
$65,000
Sold Price
$20,000
Premium/Discount to List
-$45,000
-69.23%
Views
75
Current Estimated Value
$55,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,106
Avg. Annual Appreciation
1292.35%
Original Mortgage
$94,424
Outstanding Balance
$94,173
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
-$39,766

Purchase Details

Closed on
Aug 18, 2023
Sold by
Kyle Annmarie
Bought by
Real Estate Victory Llc

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 24, 2022
Sold by
Berncell Snelling
Bought by
Kyle Annmarie
Seller's Agent
Horace Profit
4 Success Realty, LLC
Buyer's Agent
David Cooley
Real Estate Agency
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.93%
Original Mortgage
$59,500
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 29, 2016
Closed on
Jun 21, 2016
Sold by
Fannie Mae
Bought by
Snelling Berneell
Seller's Agent
Kenneth Tate
Tate Realty and Construction
Buyer's Agent
Michelle Hayes Thomas
Hayes Homes and Realty, Inc
List Price
$7,500
Sold Price
$6,000
Premium/Discount to List
-$1,500
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.81%

Purchase Details

Closed on
Jan 13, 2015
Sold by
Tabron Moses M
Bought by
Federal National Mortgage Association
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 Type Sale Price Title Company
Warranty Deed $88,000 Saddle Creek Title
Warranty Deed $20,000 Saddle Creek Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $70,000 --
Special Warranty Deed $6,000 Us Title
Trustee Deed $11,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $94,424 New Conventional
Previous Owner $59,500 New Conventional
Previous Owner $58,500 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Sold $20,000 -42.7% $25 / Sq Ft
04/08/2025 04/08/25 Pending -- -- --
03/25/2025 03/25/25 Price Changed $34,900 -0.3% $44 / Sq Ft
03/12/2025 03/12/25 Price Changed $35,000 -36.4% $44 / Sq Ft
12/05/2024 12/05/24 Price Changed $54,995 -8.3% $69 / Sq Ft
11/25/2024 11/25/24 Price Changed $59,990 -7.7% $75 / Sq Ft
11/20/2024 11/20/24 For Sale $65,000 -7.1% $81 / Sq Ft
08/26/2022 08/26/22 Sold $70,000 -6.7% $88 / Sq Ft
07/08/2022 07/08/22 For Sale $75,000 +1150.0% $94 / Sq Ft
06/22/2016 06/22/16 Sold $6,000 -20.0% $60 / Sq Ft
06/14/2016 06/14/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $7,500 -- $75 / 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 $347 $15,400 $1,750 $13,650
2024 $347 $10,225 $1,000 $9,225
2023 $623 $10,225 $1,000 $9,225
2022 $215 $3,525 $1,000 $2,525
2021 $255 $3,525 $1,000 $2,525
2020 $219 $3,025 $1,000 $2,025
2019 $97 $3,025 $1,000 $2,025
2018 $97 $3,025 $1,000 $2,025
2017 $155 $4,750 $1,000 $3,750
2016 $205 $4,700 $0 $0
2014 $205 $4,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10185510

Memphis Area Association of REALTORS®

APN: 04-1039-0-0034