NOT LISTED FOR SALE

Estimated Value: $55,000 - $98,499

5 Beds
2 Baths
2,000-2,199 Sq Ft
$35/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $38,000 $17 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $437/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Level Lot

About This Home

As of April 2022

Awesome potential and value add opportunity for a savvy investor. Home has already had extensive structural improvements made including roofing, subflooring, drywall, and electrical repairs. Ready for you to bring your final plans to customize it for your needs. Currently set up as a 5 bed 2 bath layout with option to easily add a 6th bedroom on the first floor. Multiple strategies possible including flip, long term rental, or possible boarding home.

Last Agent to Sell the Property

Michael Valenza

eXp Realty, LLC License #352076 Listed on: 04/02/2022

eXp Realty, LLC

Last Buyer's Agent

Mike Parker

REMAX Experts License #312619

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $309

Year Built

  • Built in 1969

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 54x128
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,160 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Community Details

  • West Model Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041039 00016C

Home Details

Home Type

Single Family

Est. Annual Taxes

$309

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 742D
  • MAAR Subdivision Name: WEST MODEL PARK
  • List Price Per Sq Ft: 21
  • Number Of Stories: 2
  • Price Per Sq Ft: 17.59
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2160
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 2

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 65&
  • Acreage: 0.15
  • Lot Size: 54X128
  • Price Per Acre: 300000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 041039 00016C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2020
Sold by
Nguyen Ngan Thi
Bought by
Rei Reloaded Llc
Current Estimated Value
$77,125

Purchase Details

Listed on
Nov 27, 2018
Closed on
Dec 28, 2018
Sold by
Foster Letoshia
Bought by
Nguyen Ngan Thi
Seller's Agent
Bernie Klein
KAIZEN Realty, LLC
Buyer's Agent
Bruce Milner
eXp Realty, LLC
List Price
$7,500
Sold Price
$6,500
Premium/Discount to List
-$1,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.66%

Purchase Details

Closed on
Feb 2, 2018
Sold by
County Of Shelby
Bought by
Foster Letoshia

Purchase Details

Closed on
May 20, 2014
Sold by
Hernandez Irene
Bought by
Machen Jetina

Purchase Details

Closed on
Apr 14, 2003
Sold by
Hernandez Jose
Bought by
Alexander Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 14, 2003
Sold by
Hansard Steve M
Bought by
Hernandez Jose and Hernandez Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 30, 2002
Sold by
Companion Mtg Corp
Bought by
Hansard Steve M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.16%

Purchase Details

Closed on
Jan 13, 1999
Sold by
Shelby County Tax Sale #83 1 Exh #4735
Bought by
Trustees Of Eliza Walker Mission

Purchase Details

Closed on
Jul 31, 1998
Sold by
C & R Investments Inc
Bought by
Matthews Falencia and Williams Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,200
Interest Rate
6.94%

Purchase Details

Closed on
Jul 30, 1998
Sold by
Matthews Falencia and Williams Anna
Bought by
Pcfs Financial Services

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,200
Interest Rate
6.94%

Purchase Details

Closed on
Mar 5, 1998
Sold by
Equivantage Inc
Bought by
C & R Investments Inc

Purchase Details

Closed on
Aug 14, 1997
Sold by
Branch Leester
Bought by
Equivantage Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rei Reloaded Llc $13,500 Quality Title Group Llc
Nguyen Ngan Thi $6,500 Saddle Creek Title Llc
Foster Letoshia $8,100 None Available
Machen Jetina -- None Available
Alexander Charles W -- --
Hernandez Jose -- --
Hansard Steve M $16,000 --
Companion Mtg Corp $16,000 --
Trustees Of Eliza Walker Mission $800 --
Matthews Falencia $59,000 --
Pcfs Financial Services $26,473 --
C & R Investments Inc $6,500 --
Equivantage Inc $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Charles $54,000
Previous Owner Hernandez Jose $54,000
Previous Owner Hansard Steve M $48,000
Previous Owner Matthews Falencia $47,200
Closed Matthews Falencia $11,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $38,000 -15.6% $19 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
04/02/2022 04/02/22 For Sale $45,000 +592.3% $23 / Sq Ft
12/31/2018 12/31/18 Sold $6,500 -13.3% $6 / Sq Ft
11/27/2018 11/27/18 For Sale $7,500 -- $7 / 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 $309 $16,425 $1,750 $14,675
2024 $309 $9,125 $1,000 $8,125
2023 $556 $9,125 $1,000 $8,125
2022 $556 $9,125 $1,000 $8,125
2021 $315 $9,125 $1,000 $8,125
2020 $237 $7,425 $1,000 $6,425
2019 $237 $7,425 $1,000 $6,425
2018 $197 $0 $0 $0
2017 $243 $7,425 $1,000 $6,425
2016 $408 $9,325 $0 $0
2014 $408 $9,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10120858

Memphis Area Association of REALTORS®

APN: 04-1039-0-0016C