NOT LISTED FOR SALE

2871 Curtis St Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $124,000 - $138,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$95/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $93,000 $66 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $759/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of February 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $895 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 01/07/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $770

Year Built

  • Built in 1963

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,258 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Cottonwood Manor Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074057 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$770

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COTTONWOOD MANOR BLK A
  • List Price Per Sq Ft: 74
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1258
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 103
  • Acreage: 0.2
  • Lot Size: 8925

Tax Info

  • Assessor Parcel Number: 074057 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2020
Closed on
Mar 16, 2020
Sold by
Lish Sarah
Bought by
Delish Properties Jllc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$93,000
Sold Price
$93,000
Current Estimated Value
$132,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,789
Avg. Annual Appreciation
6.47%
Original Mortgage
$69,750
Outstanding Balance
$61,759
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$71,030

Purchase Details

Listed on
Jan 7, 2020
Closed on
Feb 21, 2020
Sold by
Memphis Investment Properties Ii Llc
Bought by
Lish Sarah
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$93,000
Sold Price
$93,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,750
Outstanding Balance
$61,759
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$71,030

Purchase Details

Closed on
Dec 20, 2019
Sold by
Winter Marilyn
Bought by
Memphis Investments Properties Ii Llc

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
3.7%
Mortgage Type
Purchase Money Mortgage
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
Delish Properties Jllc -- None Available
Lish Sarah $93,000 Delta Title Services Llc
Memphis Investments Properties Ii Llc $31,000 Delta Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lish Sarah $69,750
Previous Owner Memphis Investments Properties Ii Llc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2020 02/24/20 Sold $93,000 0.0% $78 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $93,000 -- $78 / 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 $770 $33,775 $5,200 $28,575
2024 $770 $22,700 $3,775 $18,925
2023 $1,383 $22,700 $3,775 $18,925
2022 $1,383 $22,700 $3,775 $18,925
2021 $783 $22,700 $3,775 $18,925
2020 $1,031 $14,225 $3,775 $10,450
2019 $455 $14,225 $3,775 $10,450
2018 $455 $14,225 $3,775 $10,450
2017 $465 $14,225 $3,775 $10,450
2016 $618 $14,150 $0 $0
2014 $618 $14,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2020

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    25 in this area

    394 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2020

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    25 in this area

    411 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10068584

Memphis Area Association of REALTORS®

APN: 07-4057-0-0013

Tennessee Shelby County Memphis 38118 Parkway Village

2871 Curtis St, Memphis, TN

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