NOT LISTED FOR SALE

Estimated Value: $66,297 - $79,000

2 Beds
1 Bath
100-999 Sq Ft
$72/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $65,000 $65 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $418/month

35 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Room
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • Bungalow
  • Level Lot

About This Home

As of November 2022

Great opportunity for a home owner, first-time investor or someone looking to grow their portfolio. Previously rented for $750 an month. Seller will close with their own attorney and listing agency will hold earnest money.

Last Agent to Sell the Property

Kevin Mills

Lawrence Johnson, REALTORS License #273232 Listed on: 09/29/2022

Last Buyer's Agent

James McCarthy

Lawrence Johnson, REALTORS License #261521

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $322

Year Built

  • Built in 1951

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 75x220
  • Chain Link Fence
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Bungalow
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 893 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Breakfast Room
  • Iron Doors

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Alta Vista 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070032 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$322

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MLS Map #: 726D
  • MAAR Subdivision Name: ALTA VISTA 2ND ADD
  • List Price Per Sq Ft: 76
  • Number Of Stories: 1
  • Price Per Sq Ft: 72.79
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 893
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Floors/Ceilings: Hardwood Throughout, Wood Laminate Floors
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Breakfast Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Stone
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Sewer, Public Water

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 64
  • Acreage: 0.35
  • Lot Size: 75X220
  • Price Per Acre: 194286

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 070032 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Nov 22, 2022
Sold by
Ethel Washington Revocable Living Trust
Bought by
Rankin Ravon
Seller's Agent
Kevin Mills
Lawrence Johnson, REALTORS
Buyer's Agent
James McCarthy
Lawrence Johnson, REALTORS
List Price
$68,000
Sold Price
$65,000
Premium/Discount to List
-$3,000
-4.41%
Current Estimated Value
$72,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,324
Avg. Annual Appreciation
3.87%
Original Mortgage
$65,000
Outstanding Balance
$63,284
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$9,014

Purchase Details

Closed on
Mar 3, 2021
Sold by
Washington Ethel A
Bought by
Washington Ethel and Rlt Ethel Washington

Purchase Details

Closed on
Dec 28, 1998
Sold by
Va
Bought by
Washington Ethel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,100
Interest Rate
6.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 29, 1998
Sold by
Norwest Mtg Inc
Bought by
Va

Purchase Details

Closed on
Aug 26, 1998
Sold by
Davis Jerome H
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Sep 20, 1995
Bought by
Lee Sam A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rankin Ravon $65,000 Tri-State Title Llc
Washington Ethel -- None Available
Washington Ethel $31,100 --
Va -- --
Norwest Mtg Inc $28,390 --
Lee Sam A $31,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rankin Ravon $65,000
Previous Owner Washington Ethel $31,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $65,000 -4.4% $650 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $68,000 -- $680 / 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 $322 $17,525 $1,850 $15,675
2024 $322 $9,500 $1,625 $7,875
2023 $579 $9,500 $1,625 $7,875
2022 $579 $9,500 $1,625 $7,875
2021 $585 $9,500 $1,625 $7,875
2020 $460 $6,350 $1,625 $4,725
2019 $203 $6,350 $1,625 $4,725
2018 $257 $6,350 $1,625 $4,725
2017 $208 $6,350 $1,625 $4,725
2016 $275 $6,300 $0 $0
2014 $275 $6,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10134560

Memphis Area Association of REALTORS®

APN: 07-0032-0-0011