NOT LISTED FOR SALE

Estimated Value: $47,000 - $98,000

3 Beds
1 Bath
1,110 Sq Ft
$59/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $25,000 $23 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $408/month

572 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Porch
  • Wood Flooring
  • Some Wood Windows
  • Patio

About This Home

As of September 2020

Nice three bedroom one bathroom home available for sale. This is an investment property. Home has hardwood floors and it is professionally managed by a third party management company. Tenant does pay on time. Home has an excellent floor plan and tenant would like to stay. Video walk-thru is available upon request. Please do not disturb or approach the tenant. Could be a great addition to your investment portfolio. Make offer contingent on interior inspection.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 02/01/2019

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75 x 150
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,110 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Community Details

  • New South Memphis Blk 24 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050065 00017

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747C
  • MAAR Subdivision Name: NEW SOUTH MEMPHIS BLK 24
  • List Price Per Sq Ft: 31
  • Number Of Stories: 1
  • Price Per Sq Ft: 22.52
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1110
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Pantry
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 17andWPT18
  • Acreage: 0.25
  • Lot Size: 75 X 150
  • Price Per Acre: 135600

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 050065 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Sep 10, 2020
Sold by
Illustro Investments Llc
Bought by
Chatman Ecola
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$33,900
Sold Price
$25,000
Premium/Discount to List
-$8,900
-26.25%
Current Estimated Value
$65,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,512
Avg. Annual Appreciation
23.26%

Purchase Details

Closed on
Nov 28, 2016
Sold by
Morgan Tate And Brewer Llc
Bought by
Illustro Investments Llc

Purchase Details

Closed on
Jul 7, 2016
Sold by
Wells Forgo Bank National Association
Bought by
Morgan Tate And Brewer Llc

Purchase Details

Closed on
Aug 24, 2007
Sold by
Kencaid Earnestine
Bought by
Payton Joyce

Purchase Details

Closed on
Sep 15, 2005
Sold by
Herman Albert and Herman Marie
Bought by
Payton Joyce

Purchase Details

Closed on
Jul 30, 2004
Sold by
Herman Marie
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 2001
Sold by
Jackson Florence
Bought by
Herman Marie
Source: Public Records

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Range of Values:

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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
Chatman Ecola $25,000 Memphis Title Co
Illustro Investments Llc $5,001 None Available
Morgan Tate And Brewer Llc -- None Available
Payton Joyce -- None Available
Payton Joyce -- None Available
Wells Fargo Bank Na $15,000 Attorney
Herman Marie -- Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herman Marie $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $25,000 -26.3% $23 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
02/01/2019 02/01/19 For Sale $33,900 -- $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 -- $16,975 $2,500 $14,475
2024 -- $8,500 $1,000 $7,500
2023 $518 $8,500 $1,000 $7,500
2022 $518 $8,500 $1,000 $7,500
2021 $524 $8,500 $1,000 $7,500
2020 $261 $8,175 $1,000 $7,175
2019 $261 $8,175 $1,000 $7,175
2018 $261 $8,175 $1,000 $7,175
2017 $267 $8,175 $1,000 $7,175
2016 $275 $6,300 $0 $0
2014 $275 $6,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10045143

Memphis Area Association of REALTORS®

APN: 05-0065-0-0017