NOT LISTED FOR SALE

Estimated Value: $122,000 - $156,000

3 Beds
2 Baths
1,448 Sq Ft
$99/Sq Ft Est. Value

Last Sold January 09, 2019

Last sale price $61,887 $43 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $806/month

7 Days on Market

Highlights

  • 0.46 Acre Lot
  • 1 Fireplace
  • Porch
  • Contemporary Architecture
  • No HOA
  • Attached Garage

About This Home

As of January 2019

REDUCED!! DO NOT GO BY THE HOUSE KNOCKING ON THE DOOR ASKING ABOUT SELLING THE PROPERTY!! Investors dream! Some renovations done 2yrs ago! Do not disturb tenant! All offers will be presented, but hurry because it won't last long! Cash flow - Rents for $895 monthly & rehab completely done.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,327

Year Built

  • Built in 1976

Lot Details

  • 0.46 Acre Lot
  • Chain Link Fence

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,448 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Washer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Front Facing Garage

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Raleigh Downs Cluster Housing Phase 1 Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 088008 A00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,327

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1976
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Pantry
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Vinyl, Other
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area: 1448
  • Living Area Units: Square Feet

Exterior Features

  • Fencing: Chain Link
  • Patio And Porch Features: Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Faces Front

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.46
  • Lot Size: 80.125/111.94X222.625/199.46
  • Lot Size Units: Acres
  • Parcel #: 088008 A00001
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1327
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2019
Closed on
Jan 9, 2019
Sold by
Snodgres Kelley and Snodgres Jeffrey
Bought by
Baraka Homes Of Memphis Llc
List Price
$70,000
Sold Price
$61,887
Premium/Discount to List
-$8,113
-11.59%
Current Estimated Value
$142,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,878
Avg. Annual Appreciation
13.06%

Purchase Details

Closed on
Jun 11, 2010
Sold by
Hardin Enterprises Inc
Bought by
Mercer Kelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2010
Sold by
Bank Of America Na
Bought by
Hardin Enterprises Inc

Purchase Details

Closed on
Oct 8, 2009
Sold by
Cancino Antonio and Lazarin Maria Gumara
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 11, 2007
Sold by
Gonzalez Jose M and Dominquez Manuela
Bought by
Cancino Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2004
Sold by
Workman James L
Bought by
Gonzales Jose Marcos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,287
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 2004
Sold by
James L Workman Sr Inc
Bought by
Workman James L

Purchase Details

Closed on
Nov 14, 2003
Sold by
Thomas Dannell M and Thomas Daniel P
Bought by
Hud

Purchase Details

Closed on
May 28, 1997
Sold by
Boyce Donna L
Bought by
Thomas Daniel P and Thomas Dannell M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,966
Interest Rate
8.18%
Mortgage Type
FHA
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
Baraka Homes Of Memphis Llc $61,887 Saddle Creek Title Llc
Mercer Kelley $59,500 Title Assurance & Escrow Inc
Hardin Enterprises Inc $21,123 Title Assurance & Escrow Inc
Bank Of America Na $95,596 None Available
Cancino Antonio $99,000 None Available
Gonzales Jose Marcos $78,500 --
Workman James L -- --
Hud $71,368 --
Thomas Daniel P $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mercer Kelley $59,500
Previous Owner Cancino Antonio $99,000
Previous Owner Gonzales Jose Marcos $77,287
Previous Owner Thomas Daniel P $64,966
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2019 01/09/19 Sold $61,887 -11.6% $43 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
01/02/2019 01/02/19 For Sale $70,000 -- $48 / Sq Ft
Source: Realtracs

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 $711 $32,475 $2,250 $30,225
2024 $711 $20,975 $2,025 $18,950
2023 $1,278 $20,975 $2,025 $18,950
2022 $1,278 $20,975 $2,025 $18,950
2021 $724 $20,975 $2,025 $18,950
2020 $1,326 $18,300 $2,025 $16,275
2019 $585 $18,300 $2,025 $16,275
2018 $585 $18,300 $2,025 $16,275
2017 $599 $18,300 $2,025 $16,275
2016 $746 $17,075 $0 $0
2014 $746 $17,075 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3027037

Realtracs

APN: 08-8008-A0-0001