NOT LISTED FOR SALE

Estimated Value: $244,000 - $343,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
1,307 Sq Ft Lot

Last Sold July 08, 2014

Last sale price $170,000 $122 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,733/month

229 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Great Room
  • Traditional Architecture
  • Whirlpool Bathtub
  • 3-minute walk to MLK Reflection Park

About This Home

As of July 2014

JUST REDUCED!! Now with 1 gated, reserved parking space, just outside your back door! Completely renovated condo with new stainless appliances, including refrigerator and washer/dryer. Granite countertops, knockout bathrooms with walk-in (and around!) showers, gallery walls, exposed brick, 14' ceilings, and tankless H2O heater. Street-level entry with large windows. Located 1 block south of Beale Street ! Please contact Heath Jackson at Financial Federal for financing options (901) 759-2146.

Last Agent to Sell the Property

Mike Parker

The Firm License #284810 Listed on: 10/19/2013

Co-Listed By

Ashley Bonds

Marx-Bensdorf, REALTORS License #307394

Last Buyer's Agent

Mike Parker

The Firm License #284810 Listed on: 10/19/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,599

Year Built

  • Built in 1915

Lot Details

  • 1,307

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,292 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Some Wood Windows
  • Window Treatments
  • Great Room
  • Burglar Security System

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • On-Street Parking
  • Parking Lot
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Additional Features

  • Wrought Iron Fence
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 002098 B00004

Community Details

Overview

  • Property has a Home Owners Association
  • $116 Maintenance Fee
  • Association fees include exterior maintenance
  • 4 Units
  • Mid-Rise Condominium
  • Hays Building Condo Community
  • Hays Building Condo Subdivision

Pet Policy

  • No Pets Allowed

Security

  • Building Fire Alarm
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,599

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story, Mid Rise (3-6 Stories)
  • Cross Street: DR. MLK AVE.
  • MLS Map #: 745A
  • MAAR Subdivision Name: HAYS BUILDING CONDO
  • Condo: Yes
  • List Price Per Sq Ft: 137
  • Number Of Stories: 1
  • Price Per Sq Ft: 131.58
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1292
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Renovated Bathroom, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Self Cleaning Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Available
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen, Pantry
  • Misc Interior: All Window Treatments, Cat/Dog Free House, Vent Hood/Exhaust Fan
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Iron Fence
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Slab

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Parking Lot, Assigned Parking, On-Street Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Burglar Alarm, Fire Alarm, Smoke Detector(s)

Association/Amenities

  • Condo Fees Include: Exterior Maintenance
  • Condominium Association: Yes
  • Condominium Name: Hays Building Condo

Fee Information

  • Monthly Maintenance Fee: 116

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 002098 B00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2013
Closed on
Jul 8, 2014
Sold by
Tucker Edward B and Wells Marcia B
Bought by
Banks Rafe
Seller's Agent
Mike Parker
The Firm
Buyer's Agent
Mike Parker
The Firm
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%
Total Days on Market
229
Current Estimated Value
$286,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,177
Avg. Annual Appreciation
4.88%
Original Mortgage
$130,000
Outstanding Balance
$72,981
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$213,196

Purchase Details

Closed on
Dec 30, 2003
Sold by
Memphis Center City Revenue Finance Corp
Bought by
Tucker Edward B and Wells Marcia B

Purchase Details

Closed on
Jun 27, 2000
Sold by
Pankey Chip
Bought by
Tucker Edward B and Tucker Marcia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
9.25%
Source: Public Records

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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
Banks Rafe $170,000 Memphis Title Co
Tucker Edward B $500 --
Tucker Edward B -- Mid South Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Rafe $130,000
Previous Owner Tucker Edward B $50,000
Previous Owner Tucker Edward B $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2014 07/08/14 Sold $170,000 -5.5% $142 / Sq Ft
06/05/2014 06/05/14 Pending -- -- --
10/19/2013 10/19/13 For Sale $179,900 -- $150 / 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 $1,599 $53,475 $6,450 $47,025
2024 $1,599 $47,175 $6,450 $40,725
2023 $2,874 $47,175 $6,450 $40,725
2022 $2,874 $47,175 $6,450 $40,725
2021 $2,907 $47,175 $6,450 $40,725
2020 $3,070 $42,375 $6,450 $35,925
2019 $3,071 $42,375 $6,450 $35,925
2018 $3,070 $42,375 $6,450 $35,925
2017 $1,742 $42,375 $6,450 $35,925
2016 $1,345 $30,775 $0 $0
2014 $2,152 $49,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3283716

Memphis Area Association of REALTORS®

APN: 00-2098-B0-0004