NOT LISTED FOR SALE

Estimated Value: $69,000 - $102,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$64/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $58,000 $41 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $523/month

23 Days on Market

Highlights

  • Updated Kitchen
  • Porch
  • Central Heating and Cooling System
  • Traditional Architecture
  • Tile Flooring
  • 4-minute walk to Frayser Park

About This Home

As of March 2021

DO NOT disturb tenants; investors only. No wholesale offers. Rock solid investment deal for an investor with low maintenance construction and a great tenant base in the area. 3 bedroom, 1 bath stone exterior home for low maintenance, complete renovation in 2017 with an investment property operation in mind. Renovation included all new mechanicals (HVAC & hot water heater), new plumbing, new electrical, new roof, cabinets, and fixtures throughout. Tenant is current and paying $690 per month.

Last Agent to Sell the Property

Drew Joyner

Keystone Realty, LLC License #358614 Listed on: 01/09/2021

Last Buyer's Agent

Tim Parkes

Renters Row License #307317

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $506

Year Built

  • Built in 1958

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x172
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,400 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Rugby Fourth Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072029 00032

Home Details

Home Type

Single Family

Est. Annual Taxes

$506

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 727C
  • MAAR Subdivision Name: RUGBY 4TH ADD
  • List Price Per Sq Ft: 54
  • Number Of Stories: 1
  • Price Per Sq Ft: 41.43
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1400
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Master Bedroom: Full Bath
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Stone

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 623
  • Acreage: 0.19
  • Lot Size: 50X172
  • Price Per Acre: 394211

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 072029 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2021
Closed on
Mar 17, 2021
Sold by
Allen Nick
Bought by
Bhuiyan Abu T and Haque Afifa
Seller's Agent
Drew Joyner
Keystone Realty, LLC
Buyer's Agent
Tim Parkes
Renters Row
List Price
$74,900
Sold Price
$58,000
Premium/Discount to List
-$16,900
-22.56%
Current Estimated Value
$88,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,985
Avg. Annual Appreciation
10.03%
Original Mortgage
$43,500
Outstanding Balance
$39,298
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$49,687

Purchase Details

Closed on
Oct 2, 2017
Sold by
Hardin Enterprises Inc
Bought by
Allen Nick

Purchase Details

Closed on
Aug 31, 2017
Sold by
Anderson John M and Anderson Susan E
Bought by
Hardin Enterrises Llc

Purchase Details

Listed on
Jul 10, 2013
Closed on
Sep 10, 2013
Sold by
Fucillo Kellene
Bought by
Anderson John M
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$6,500
Sold Price
$8,501
Premium/Discount to List
$2,001
30.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.62%

Purchase Details

Closed on
Oct 29, 2002
Sold by
Fulton Lenard B
Bought by
Fulton Lenard B and Fulton Tarsha R

Purchase Details

Closed on
Aug 16, 2000
Sold by
The Estate Of Bessie Jeter
Bought by
Fulton Lenard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,470
Interest Rate
8.17%
Mortgage Type
FHA
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
Bhuiyan Abu T $58,000 Commercial Title Group Llc
Allen Nick -- None Available
Hardin Enterrises Llc $9,500 L& C Title Llc
Anderson John M $9,000 None Available
Fucillo Kellene $8,501 None Available
Fulton Lenard B -- --
Fulton Lenard B $56,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhuiyan Abu T $43,500
Previous Owner Fulton Lenard B $56,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $58,000 -22.6% $48 / Sq Ft
01/09/2021 01/09/21 For Sale $74,900 +781.1% $62 / Sq Ft
09/10/2013 09/10/13 Sold $8,501 +30.8% $6 / Sq Ft
09/01/2013 09/01/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $6,500 -- $5 / 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 $506 $25,850 $1,525 $24,325
2024 $506 $14,925 $1,250 $13,675
2023 $909 $14,925 $1,250 $13,675
2022 $909 $14,925 $1,250 $13,675
2021 $617 $8,525 $1,250 $7,275
2020 $428 $5,900 $1,250 $4,650
2019 $189 $5,900 $1,250 $4,650
2018 $189 $5,900 $1,250 $4,650
2017 $193 $5,900 $1,250 $4,650
2016 $270 $6,175 $0 $0
2014 $270 $6,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10091502

Memphis Area Association of REALTORS®

APN: 07-2029-0-0032