NOT LISTED FOR SALE

Estimated Value: $212,000 - $266,000

4 Beds
3 Baths
2,200-2,399 Sq Ft
$98/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $144,900 $60 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,353/month

Highlights

  • Updated Kitchen
  • Main Floor Primary Bedroom
  • Living Room
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of April 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $1,250 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: 03/18/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,267

Year Built

  • Built in 1963

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 100 x 170
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,300 Sq Ft Home
  • 1.5-Story Property
  • Fireplace Features Masonry
  • Some Wood Windows
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Side Facing Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • Raleigh Bartlett Meadows Blk D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087057 00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,267

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 733A
  • MAAR Subdivision Name: RALEIGH BARTLETT MEADOWS BLK D
  • List Price Per Sq Ft: 63
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 63
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2300
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 1 1/2 Bath
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 1
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Fireplace: Masonry
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 3
  • Equipment: Disposal, Dishwasher
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 3
  • 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: 2
  • Parking Display: 2
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 3
  • Acreage: 0.39
  • Lot Size: 100 X 170
  • Price Per Acre: 371538

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 087057 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2020
Sold by
Brennan Lisa Mercedes
Bought by
Starland 123 Memphis Llc
Current Estimated Value
$235,321

Purchase Details

Listed on
Mar 18, 2020
Closed on
Apr 17, 2020
Sold by
Memhpis Investment Properties Ii Llc
Bought by
Brennan Lisa Mercedes
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$144,900
Sold Price
$144,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$112,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 18, 2020
Closed on
Mar 6, 2020
Sold by
Wright Lynn S
Bought by
Memphis Investment Properties Ii Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$144,900
Sold Price
$144,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
May 16, 1996
Sold by
Hallum James R and Hallum Deborah
Bought by
Wright Jerry L and Wright Lynn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,642
Interest Rate
7.74%
Mortgage Type
FHA
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
Starland 123 Memphis Llc -- None Available
Brennan Lisa Mercedes $144,900 Delta Title Services Llc
Memphis Investment Properties Ii Llc $86,000 Delta Title Services Llc
Wright Jerry L $99,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investment Properties Ii Llc $112,000
Previous Owner Wright Jerry L $100,642
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2020 04/17/20 Sold $144,900 0.0% $66 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $144,900 -- $66 / 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 $1,267 $61,650 $6,125 $55,525
2024 $1,267 $37,375 $4,800 $32,575
2023 $2,277 $37,375 $4,800 $32,575
2022 $2,277 $37,375 $4,800 $32,575
2021 $1,289 $37,375 $4,800 $32,575
2020 $1,880 $25,950 $4,800 $21,150
2019 $829 $25,950 $4,800 $21,150
2018 $829 $25,950 $4,800 $21,150
2017 $849 $25,950 $4,800 $21,150
2016 $1,122 $25,675 $0 $0
2014 $1,122 $25,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10073409

Memphis Area Association of REALTORS®

APN: 08-7057-0-0016