Seller's Agent in 2020
Jim Reedy
Reedy & Company, REALTORS
(901) 842-0805
11 in this area
409 Total Sales
2342 Poe Ave Memphis, TN 38114
Southeast Memphis NeighborhoodEstimated Value: $88,000 - $108,000
3
Beds
1
Bath
1,400-1,599
Sq Ft
$61/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- Den
- Central Heating and Cooling System
- Traditional Architecture
- Some Wood Windows
- 1-Story Property
About This Home
As of August 2020Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $695 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
Last Agent to Sell the Property
Reedy & Company, REALTORS License #15602 Listed on: 06/24/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $556
Year Built
- Built in 1936
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 50x137
- Few Trees
Parking
- Driveway
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 1,400-1,599 Sq Ft Home
- 1,411 Sq Ft Home
- 1-Story Property
- Some Wood Windows
- Den
- Laminate Flooring
- Iron Doors
- Updated Kitchen
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Central Heating and Cooling System
Community Details
- Bethel Grove Subdivision
Listing and Financial Details
- Assessor Parcel Number 047029 00018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2020
Closed on
Aug 3, 2020
Sold by
Memphis Investments Properties Llc
Bought by
Shankar Siddharth
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$64,900
Sold Price
$64,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,591
Avg. Annual Appreciation
8.12%
Original Mortgage
$48,675
Outstanding Balance
$43,258
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$54,233
Purchase Details
Closed on
Nov 14, 2019
Sold by
Tennessee Investment Rental Prop Llc
Bought by
Memphis Investment Properties Llc
Purchase Details
Closed on
Dec 30, 2009
Sold by
Tennessee Rehab Inc
Bought by
Tennessee Investment Rental Properties L
Purchase Details
Closed on
Mar 13, 2003
Sold by
Reedy Debra L
Bought by
Tennessee Rehab Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
5.86%
Purchase Details
Closed on
May 10, 2002
Sold by
Bankers Trust
Bought by
Tennessee Rehab Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,300
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 18, 2001
Sold by
Truitt Carolyn
Bought by
Bankers Trust
Purchase Details
Closed on
Jun 14, 2000
Sold by
Beruk Properties
Bought by
Truitt Carolyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
8.55%
Purchase Details
Closed on
Mar 20, 2000
Sold by
Ocwen Federal Bank Fsb
Bought by
Beruk Properties Inc
Purchase Details
Closed on
Feb 29, 2000
Sold by
Whitney George L and Whitney Barbara R
Bought by
Ocwen Federal Bank Fsb
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shankar Siddharth | $64,900 | Delta Title Services Llc | |
| Memphis Investment Properties Llc | -- | Delta Title Services Llc | |
| Tennessee Investment Rental Properties L | -- | None Available | |
| Tennessee Rehab Inc | -- | -- | |
| Reedy Debra L | -- | -- | |
| Tennessee Rehab Inc | $27,000 | First American Title Ins Co | |
| Bankers Trust | $52,000 | -- | |
| Truitt Carolyn | $57,000 | American Title Company Inc | |
| Beruk Properties Inc | $8,000 | -- | |
| Ocwen Federal Bank Fsb | $40,958 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shankar Siddharth | $48,675 | |
| Previous Owner | Reedy Debra L | $48,750 | |
| Previous Owner | Tennessee Rehab Inc | $24,300 | |
| Previous Owner | Truitt Carolyn | $51,300 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/04/2020 08/04/20 | Sold | $64,900 | 0.0% | $46 / Sq Ft |
| 06/24/2020 06/24/20 | Pending | -- | -- | -- |
| 06/24/2020 06/24/20 | For Sale | $64,900 | -- | $46 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $556 | $25,950 | $2,450 | $23,500 |
| 2024 | $556 | $16,400 | $1,125 | $15,275 |
| 2023 | $999 | $16,400 | $1,125 | $15,275 |
| 2022 | $999 | $16,400 | $1,125 | $15,275 |
| 2021 | $1,011 | $16,400 | $1,125 | $15,275 |
| 2020 | $714 | $9,850 | $1,125 | $8,725 |
| 2019 | $315 | $9,850 | $1,125 | $8,725 |
| 2018 | $315 | $9,850 | $1,125 | $8,725 |
| 2017 | $322 | $9,850 | $1,125 | $8,725 |
| 2016 | $438 | $10,025 | $0 | $0 |
| 2014 | $438 | $10,025 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Reedy
-
Bradley Reedy
B
Buyer's Agent in 2020
Bradley Reedy
Reedy & Company, REALTORS
(901) 842-0805
11 in this area
426 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10079374
APN: 04-7029-0-0018
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