NOT LISTED FOR SALE

2405 Pate Rd Memphis, TN 38133

Estimated Value: $213,000 - $218,256

3 Beds
2 Baths
1,200-1,399 Sq Ft
$154/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $110,000 $79 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,231/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Level Lot
  • Wood Flooring
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of February 2020

Good investment opportunity, As-Is Sale, Needs some renovation, easy show

Last Agent to Sell the Property

Cortney Lester

Franchise Realty, LLC License #306978 Listed on: 02/03/2020

Last Buyer's Agent

Kira Auvert

Adaro Realty, Inc. License #281535

Adaro Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,271

Year Built

  • Built in 1988

Lot Details

  • 0.27 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,298 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Flooring
  • Iron Doors
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Fletcher Trace Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 095525 D00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,271

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: FLETCHER TRACE SEC B
  • List Price Per Sq Ft: 92
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1298
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Living Dining Kitchen: Washer/Dryer Connections
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 60
  • Acreage: 0.27
  • Lot Size: 1200SF 101.85/85.57X130/105.12+.5

Tax Info

  • Assessor Parcel Number: 095525 D00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Feb 25, 2020
Sold by
Ella Residential Llc
Bought by
Tie Properties Llc
Seller's Agent
Cortney Lester
Franchise Realty, LLC
Buyer's Agent
Kira Auvert
Adaro Realty, Inc.
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Current Estimated Value
$215,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,064
Avg. Annual Appreciation
12.55%
Original Mortgage
$78,000
Outstanding Balance
$68,945
Interest Rate
3.51%
Estimated Equity
$146,119

Purchase Details

Listed on
Feb 3, 2020
Closed on
Jan 30, 2020
Sold by
Joiner Dennis and Joiner Tameka Joiner
Bought by
Ella Residential Llc
Seller's Agent
Cortney Lester
Franchise Realty, LLC
Buyer's Agent
Kira Auvert
Adaro Realty, Inc.
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Outstanding Balance
$68,945
Interest Rate
3.51%
Estimated Equity
$146,119

Purchase Details

Closed on
Jun 15, 2007
Sold by
Slawson Jeffrey H and Slawson Deborah L
Bought by
Joiner Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Tie Properties Llc $110,000 None Available
Ella Residential Llc $71,000 --
Joiner Dennis $10,000 Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ella Residential Llc $78,000
Closed Ella Residential Llc --
Previous Owner Joiner Dennis $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2020 02/26/20 Sold $110,000 -8.3% $92 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $119,900 -- $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 $1,271 $58,000 $8,750 $49,250
2024 $1,271 $37,500 $6,125 $31,375
2023 $2,284 $37,500 $6,125 $31,375
2022 $2,284 $37,500 $6,125 $31,375
2021 $1,294 $37,500 $6,125 $31,375
2020 $1,717 $23,700 $6,125 $17,575
2019 $757 $23,700 $6,125 $17,575
2018 $757 $23,700 $6,125 $17,575
2017 $775 $23,700 $6,125 $17,575
2016 $1,013 $23,175 $0 $0
2014 $1,013 $23,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cortney Lester

    Seller's Agent in 2020

    Cortney Lester

    Franchise Realty, LLC

    (901) 552-8557

    5 in this area

    59 Total Sales

    Cortney Lester
    Section Image
  • Kira Auvert

    Buyer's Agent in 2020

    Kira Auvert

    Adaro Realty, Inc.

    (901) 848-3014

    29 in this area

    152 Total Sales

    Kira Auvert
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10070173

Memphis Area Association of REALTORS®

APN: 09-5525-D0-0017

Tennessee Shelby County Memphis 38133

2405 Pate Rd, Memphis, TN

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