NOT LISTED FOR SALE

2785 Carol Trace Walk Unit 31 Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $50,000 - $60,885

2 Beds
1.5 Baths
1,200-1,399 Sq Ft
9,583 Sq Ft Lot

Last Sold September 12, 2023

Last sale price $62,000 $44 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $318/month

12 Days on Market

Highlights

  • Clubhouse
  • 1 Fireplace
  • Community Playground
  • Traditional Architecture
  • Courtyard
  • Storage Room

About This Home

As of September 2023

Great Property!! This property has been totally renovated!!! Tenant in place already. August 2023 lease through August 2024, $1200 per month, Section 8. Property is Seller Manged DO NOT DISTURB the Tenant. City and County taxes $361 total... Perfect Cash Flowing Rental for Investor. Cash Preferred, Property was purchased in a Tax Sale, may or may not be able to obtain Title Insurance. CASH buyers must show proof funds. ~View property with accepted offer~

Last Agent to Sell the Property

Tara Woodley

Zach Taylor Real Estate License #321165 Listed on: 08/17/2023

Zach Taylor Real Estate

Last Buyer's Agent

Tanika Bland

BEST Real Estate Company License #312705

BEST Real Estate Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $201

Year Built

  • Built in 1973

Lot Details

  • 9,583

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,244 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Washer and Dryer Hookup
  • Oven or Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms

Parking

  • 1 Covered Space
  • Driveway

Additional Features

  • Courtyard
  • Few Trees
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 074089 C00031

Community Details

Overview

  • Property has a Home Owners Association
  • $210 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, exterior insurance
  • Clarke Address Community
  • Clarke Address Condominiums The 1St Amen Subdivision
  • Property managed by Seller Managed

Amenities

  • Clubhouse

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$201

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 784B
  • MAAR Subdivision Name: CLARKE ADDRESS CONDOMINIUMS
  • Condo: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 49.84
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1244
  • Year Built: 1973
  • List Price/ Sq Ft: 52
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom
  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Refrigerator
  • Living Dining Kitchen: LR/DR Combination, W/D Connection in Kitchen
  • Number Of Fireplaces: 1
  • Other Rooms: Storage Room
  • Total Bathrooms: 1.1

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

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

Association/Amenities

  • Condo Amenities: Clubhouse, Clubhouse w/Baths, Playground, Courtyard
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Exterior Insurance
  • Condominium Association: Yes
  • Condominium Name: Clarke Address
  • Management Company: Seller Managed

Fee Information

  • Monthly Maintenance Fee: 210

Lot Info

  • Lot Description: Some Trees
  • Lot Number: UNIT 31
  • Acreage: 0.22
  • Lot Size: 80X120
  • Price Per Acre: 295455

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 074089 C00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 12, 2023
Sold by
Caldwell Deon
Bought by
Morillo Edickson
Seller's Agent
Tara Woodley
Zach Taylor Real Estate
Buyer's Agent
Tanika Bland
BEST Real Estate Company
List Price
$65,000
Sold Price
$62,000
Premium/Discount to List
-$3,000
-4.62%
Views
57
Current Estimated Value
$56,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,529
Avg. Annual Appreciation
-4.41%

Purchase Details

Closed on
Jan 6, 2023
Sold by
Shelby County Chancery Court
Bought by
Clarke Address Inc

Purchase Details

Closed on
Dec 16, 2022
Sold by
Shelby County Chancery Court
Bought by
Caldwell Deon

Purchase Details

Closed on
Mar 30, 2006
Sold by
Va
Bought by
Jones Jermey

Purchase Details

Closed on
Mar 13, 2003
Sold by
Coffill Mark A
Bought by
Va
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
Morillo Edickson $62,000 Tca Title Llc
Clarke Address Inc $17,681 --
Caldwell Deon $17,681 None Listed On Document
Jones Jermey $19,500 None Available
Va $38,778 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2023 09/12/23 Sold $62,000 -4.6% $52 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $65,000 -- $54 / 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 $201 $9,350 $1,125 $8,225
2024 -- $5,925 $1,125 $4,800
2023 $361 $5,925 $1,125 $4,800
2022 $361 $5,925 $1,125 $4,800
2021 $429 $5,925 $1,125 $4,800
2020 $389 $5,375 $1,125 $4,250
2019 $172 $5,375 $1,125 $4,250
2018 $172 $5,375 $1,125 $4,250
2017 $176 $5,375 $1,125 $4,250
2016 $217 $4,975 $0 $0
2014 $217 $4,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10154651

Memphis Area Association of REALTORS®

APN: 07-4089-C0-0031