NOT LISTED FOR SALE

Estimated Value: $109,000 - $142,163

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$90/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $109,500 $78 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $696/month

57 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Eat-In Kitchen
  • Wood Flooring
  • 1 Car Attached Garage
  • Brick Veneer

About This Home

As of July 2023

No better than now to start building your own wealth. Housing prices are still up high (see neighborhood comparables) and this one is well priced bringing a good cap rate return on the investor's money. This property is currently occupied by a MHA tenant who has resided here over 3 years. Current rent is $1090. Property is managed now by a local property management company. Seller is also selling 4262 Lisa Cove. This property is in good condition and meets all MHA requirements.

Last Agent to Sell the Property

Carol Scott

Tiger Realty License #252614 Listed on: 04/18/2023

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 62x130
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,230 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Iron Doors
  • Eat-In Kitchen

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Winchester Heights 3Rd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073062 00003

Home Details

Home Type

Single Family

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: WINCHESTER HEIGHTS 3RD ADD
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1230
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Half Bath 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: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen
  • 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: Brick Veneer, Wood/Composition

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 45
  • Acreage: 0.18
  • Lot Size: 62X130

Tax Info

  • Assessor Parcel Number: 073062 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Jul 7, 2023
Sold by
Mann Barbara L
Bought by
Gstn Real Estate Llc
Seller's Agent
Carol Scott
Tiger Realty
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$118,000
Sold Price
$109,500
Premium/Discount to List
-$8,500
-7.2%
Views
390
Current Estimated Value
$121,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,350
Avg. Annual Appreciation
5.42%

Purchase Details

Listed on
May 15, 2018
Closed on
Nov 20, 2018
Sold by
Bowie Property Llc
Bought by
Mann Barbara L
Seller's Agent
Carol Scott
Tiger Realty
Buyer's Agent
Carol Scott
Tiger Realty
List Price
$70,000
Sold Price
$68,000
Premium/Discount to List
-$2,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%

Purchase Details

Closed on
Oct 24, 2011
Sold by
Memphis Investment Rental Properties Llc
Bought by
Bowie Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2011
Sold by
Chitman Stephen
Bought by
Tennessee Investment Properties

Purchase Details

Closed on
Nov 22, 2006
Sold by
Payne Lurlline and Chitman Stephen Jerrell
Bought by
Chitman Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2002
Sold by
Chitman Lurlline Mcadams
Bought by
Payne Lurlline and Wiseman Latricha Nacole
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gstn Real Estate Llc $109,500 Realty Title & Escrow
Mann Barbara L $68,000 Close Track Closing & Title
Bowie Property Llc $56,000 Tam Title & Escrow Llc
Memphis Investment Rental Properties Llc $38,250 Tam Title & Escrow Llc
Tennessee Investment Properties $19,500 None Available
Chitman Stephen -- Title Assurance & Escrow Inc
Payne Lurlline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowie Property Llc $28,000
Previous Owner Chitman Stephen $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2023 07/11/23 Sold $109,500 -7.2% $91 / Sq Ft
04/18/2023 04/18/23 For Sale $118,000 +73.5% $98 / Sq Ft
11/26/2018 11/26/18 Sold $68,000 -2.9% $57 / Sq Ft View Prior Sale
05/15/2018 05/15/18 For Sale $70,000 -- $58 / 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 $750 $32,475 $4,125 $28,350
2024 $750 $22,125 $2,875 $19,250
2023 $1,348 $22,125 $2,875 $19,250
2022 $1,348 $22,125 $2,875 $19,250
2021 $600 $22,125 $2,875 $19,250
2020 $1,268 $17,500 $2,875 $14,625
2019 $559 $17,500 $2,875 $14,625
2018 $559 $17,500 $2,875 $14,625
2017 $573 $17,500 $2,875 $14,625
2016 $735 $16,825 $0 $0
2014 $735 $16,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10146153

Memphis Area Association of REALTORS®

APN: 07-3062-0-0003