NOT LISTED FOR SALE

Estimated Value: $108,000 - $139,000

3 Beds
1 Bath
100-999 Sq Ft
$123/Sq Ft Est. Value

Last Sold September 26, 2018

Last sale price $72,000 $72 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $706/month

Highlights

  • Traditional Architecture
  • Porch
  • Partially Carpeted
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • 4-minute walk to American Way Park

About This Home

As of September 2018

This property is occupied and under professional property management. PLEASE do not disturb the Tenant. Available as investment property only and this is a great opportunity in Parkway Village. 3 BR's, carport parking and nice size back yard for the upcoming summer activities. Close to parks and convenient to everywhere by accessible I-240. Call Carol for available properties, we are quick closing cash buyers. Do you know someone that needs our help selling their home fast, as-is? No repairs.

Last Agent to Sell the Property

Carol Scott

Tiger Realty License #252614 Listed on: 04/07/2018

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $744

Year Built

  • Built in 1964

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 884 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Partially Carpeted
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Colony Park Blk D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073048 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$744

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COLONY PARK BLK D
  • List Price Per Sq Ft: 81
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 884
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Cable Wired
  • Living Dining Kitchen: Separate Living Room
  • Misc Interior: Smoke Detector(s)
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s)
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 187
  • Acreage: 0.17
  • Lot Size: 60x130

Tax Info

  • Assessor Parcel Number: 073048 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2018
Closed on
Sep 21, 2018
Sold by
Desroslers Michael C
Bought by
Jacobsen Harlan C and Jacobsen Sharon K
Seller's Agent
Carol Scott
Tiger Realty
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$72,000
Sold Price
$72,000
Current Estimated Value
$123,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,076
Avg. Annual Appreciation
7.86%
Original Mortgage
$57,600
Outstanding Balance
$50,127
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$72,949

Purchase Details

Closed on
Sep 8, 2016
Sold by
Jbj Properties Llc
Bought by
Desrosiers Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2013
Sold by
Memphis Investment Properties Llc
Bought by
Wim Real Estate Investments I Llc

Purchase Details

Closed on
Jul 23, 2013
Sold by
Reedy James E and Reedy Debra L
Bought by
Memphis Investments Properties Llc

Purchase Details

Closed on
Aug 22, 2007
Sold by
Memphis Investment Properties Llc
Bought by
Reedy James E and Reedy Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2007
Sold by
Citimortgage Inc
Bought by
Memphis Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2007
Sold by
Bobo Antonio R and Bobo Precilla D
Bought by
Citimortgage Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2003
Sold by
Bobo Antonio
Bought by
Tri State Investments Llc

Purchase Details

Closed on
Nov 15, 2001
Sold by
Bledsoe Michael B
Bought by
Hud

Purchase Details

Closed on
Oct 4, 1994
Bought by
Michael Bledsoe
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
Jacobsen Harlan C $72,000 Closing & Title Services
Desrosiers Michael C $67,000 Delta Title Services Llc
Wim Real Estate Investments I Llc $423,891 None Available
Memphis Investments Properties Llc -- None Available
Reedy James E -- Fayette County Title Company
Memphis Investment Properties Llc $37,000 Multiple
Citimortgage Inc $45,407 None Available
Tri State Investments Llc -- --
Hud $62,357 --
Michael Bledsoe $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobsen Harlan C $57,600
Previous Owner Desrosiers Michael C $53,600
Previous Owner Reedy James E $42,000
Previous Owner Memphis Investment Properties Llc $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2018 09/26/18 Sold $72,000 0.0% $720 / Sq Ft
04/07/2018 04/07/18 For Sale $72,000 +166.7% $720 / Sq Ft
04/08/2016 04/08/16 Sold $27,000 0.0% $31 / Sq Ft View Prior Sale
03/16/2016 03/16/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $27,000 -- $31 / 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 $744 $32,475 $4,075 $28,400
2024 $744 $21,950 $3,000 $18,950
2023 $1,337 $21,950 $3,000 $18,950
2022 $1,337 $21,950 $3,000 $18,950
2021 $757 $21,950 $3,000 $18,950
2020 $1,206 $16,650 $3,000 $13,650
2019 $532 $16,650 $3,000 $13,650
2018 $532 $16,650 $3,000 $13,650
2017 $545 $16,650 $3,000 $13,650
2016 $522 $11,950 $0 $0
2014 $522 $11,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10024359

Memphis Area Association of REALTORS®

APN: 07-3048-0-0022