$65,000
SOLD AUG 29, 2024
3 Beds
1 Bath
1,400-1,599 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

28% Below List Price

4 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Separate Formal Living Room

About This Home

As of November 2024

This property represents an excellent investment opportunity. It offers the spaciousness your client requires. Ensure all provided documents are submitted with any offers. The property is being offered for sale "as is, where is, with all faults," and the seller will not be responsible for any repairs.

Last Agent to Sell the Property

Sherry Scott Chambers

Crye-Leike, Inc., REALTORS License #273328 Listed on: 07/01/2024

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Sherry Scott Chambers

Crye-Leike, Inc., REALTORS License #273328 Listed on: 07/01/2024

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,546 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Community Details

  • Merchant Hgts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 033038 00004

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 744I
  • MAAR Subdivision Name: MERCHANTS HEIGHTS
  • Number Of Stories: 1
  • Price Per Sq Ft: 42.04
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1546
  • Year Built: 1924
  • List Price/ Sq Ft: 58
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 19-20
  • Acreage: 0.14
  • Lot Size: 50X130
  • Price Per Acre: 642857
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 033038 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Nov 4, 2024
Sold by
Evergreen Properties Of Memphis Llc
Bought by
Robles Ivan
Seller's Agent
Deborah Alexander
Evergreen Properties of Mphs
Buyer's Agent
Fred Sengstacke
KAIZEN Realty, LLC
List Price
$90,000
Sold Price
$80,000
Premium/Discount to List
-$10,000
-11.11%
Views
17
Current Estimated Value
$85,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,629
Avg. Annual Appreciation
9.62%
Original Mortgage
$200,000
Outstanding Balance
$198,818
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
-$113,189

Purchase Details

Listed on
Jul 1, 2024
Closed on
Aug 29, 2024
Sold by
Morris Millie
Bought by
Evergreen Properties Of Memphis Llc
Seller's Agent
Sherry Scott Chambers
Crye-Leike, Inc., REALTORS
Buyer's Agent
Sherry Scott Chambers
Crye-Leike, Inc., REALTORS
List Price
$90,000
Sold Price
$65,000
Premium/Discount to List
-$25,000
-27.78%
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
216.94%

Purchase Details

Closed on
Jun 4, 2024
Sold by
Morris Emmett Dewayne and Morris Bryan Keith
Bought by
Morris Millie

Purchase Details

Closed on
Oct 23, 2009
Sold by
Spurlock Michael R and Spurlock Mary E
Bought by
Morris Emmitt
Source: Public Records

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Range of Values:

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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 $80,000 None Listed On Document
Warranty Deed $65,000 Preferred Title & Escrow
Quit Claim Deed -- Preferred Title & Escrow
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2024 11/02/24 Sold $80,000 -11.0% $57 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/15/2024 10/15/24 Price Changed $89,900 -0.1% $64 / Sq Ft
09/27/2024 09/27/24 For Sale $90,000 0.0% $64 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $90,000 +38.5% $64 / Sq Ft
08/29/2024 08/29/24 Sold $65,000 -27.8% $46 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $90,000 -- $64 / 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 -- $27,875 $6,325 $21,550
2024 $559 $16,475 $3,000 $13,475
2023 $1,004 $16,475 $3,000 $13,475
2022 $1,004 $16,475 $3,000 $13,475
2021 $1,015 $16,475 $3,000 $13,475
2020 $737 $10,175 $3,000 $7,175
2019 $737 $10,175 $3,000 $7,175
2018 $737 $10,175 $3,000 $7,175
2017 $418 $10,175 $3,000 $7,175
2016 $388 $8,875 $0 $0
2014 $388 $8,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10176053

Memphis Area Association of REALTORS®

APN: 03-3038-0-0004