NOT LISTED FOR SALE

Estimated Value: $52,000 - $80,000

2 Beds
1 Bath
100-999 Sq Ft
$70/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $32,000 $32 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $385/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Tile Flooring
  • Some Wood Windows
  • Patio
  • Combination Dining and Living Room

About This Home

As of June 2020

Lovely tenant occupied investment home for sale. This is a 2 bedroom 1 bathroom home being marketed to investors only. This home is professionally managed by Reedy and Company and the rent is $575 per month. This home would be a great addition to your investment portfolio. Tenant payment history, repair history available upon request. Cash offers only. Please do not disturb the tenant, make offer contingent on interior inspection. Additional photos available upon request.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 05/17/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 05/17/2020

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $209

Year Built

  • Built in 1953

Lot Details

  • 0.3 Acre Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 748 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

  • Window Unit Cooling System

Community Details

  • J E Walker Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075057 00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$209

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 762A
  • MAAR Subdivision Name: J E WALKER HOMES
  • List Price Per Sq Ft: 47
  • Number Of Stories: 1
  • Price Per Sq Ft: 42.78
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 748
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 84
  • Acreage: 0.3
  • Lot Size: 0.3
  • Price Per Acre: 116333

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 075057 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2020
Closed on
Jun 12, 2020
Sold by
Redcat Associates Llc
Bought by
Malson Management Llc
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$34,900
Sold Price
$32,000
Premium/Discount to List
-$2,900
-8.31%
Current Estimated Value
$67,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,546
Avg. Annual Appreciation
12.99%

Purchase Details

Listed on
May 9, 2016
Closed on
Dec 16, 2016
Sold by
Castro Julian
Bought by
Hm Tennessee Llc
Seller's Agent
Brenda Allen
Leaving A Legacy Realty, LLC
Buyer's Agent
Jimmy Kennedy
KAIZEN Realty, LLC
List Price
$10,000
Sold Price
$10,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.55%

Purchase Details

Closed on
Sep 24, 2015
Sold by
Midfirst Bank
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Sep 10, 2015
Sold by
Lark Dorothy
Bought by
Midfirst Bank

Purchase Details

Closed on
Jul 28, 2006
Sold by
Lark Derrick Dewayne
Bought by
Lark Dorothy Weary

Purchase Details

Closed on
Nov 12, 2004
Sold by
Martin James H
Bought by
Lark Dorothy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,351
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 2000
Sold by
Jimmie Martin and Jimmie Rosie L
Bought by
Martin James H
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
Malson Management Llc $32,000 Memphis Title Company
Hm Tennessee Llc $10,000 None Available
The Secretary Of Hud -- None Available
Midfirst Bank $42,088 Attorney
Lark Dorothy Weary -- None Available
Lark Dorothy W $42,000 --
Martin James H -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lark Dorothy W $41,351
Closed Lark Dorothy W $1,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $32,000 -8.3% $320 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
05/17/2020 05/17/20 For Sale $34,900 +249.0% $349 / Sq Ft
12/16/2016 12/16/16 Sold $10,000 0.0% $100 / Sq Ft
11/19/2016 11/19/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $10,000 -- $100 / 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 $209 $13,075 $1,975 $11,100
2024 $209 $6,175 $1,425 $4,750
2023 $376 $6,175 $1,425 $4,750
2022 $376 $6,175 $1,425 $4,750
2021 $213 $6,175 $1,425 $4,750
2020 $478 $6,600 $1,425 $5,175
2019 $211 $6,600 $1,425 $5,175
2018 $211 $6,600 $1,425 $5,175
2017 $216 $6,600 $1,425 $5,175
2016 $302 $6,900 $0 $0
2014 $302 $6,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10076688

Memphis Area Association of REALTORS®

APN: 07-5057-0-0018